562 Forest Dr
Cedar Rapids, IA 52403
2 bd 1 ba 1,208 sqft Built 2008 Lot 8,538 sqft single_family
Most recent sale
$162,000
Jun 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 7, 2022 | Sold | $162,000 | CedarRapids |
| Jun 6, 2022 | Sold | $162,000 | Public Record |
| Apr 15, 2022 | Listed | $159,990 | MLS #2203427 |
| Jan 4, 2010 | Sold | $103,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $98,700 | $33,400 | $132,100 | $2,528 |
| 2020 | $97,500 | $25,700 | $123,200 | $2,458 |
| 2019 | $97,500 | $25,700 | $123,200 | $2,578 |
| 2018 | $90,300 | $25,700 | $116,000 | $2,536 |
| 2017 | $90,300 | $25,700 | $116,000 | $2,368 |
| 2016 | $91,600 | $25,700 | $117,300 | $2,434 |
| 2015 | $88,800 | $25,700 | $114,500 | $2,356 |
| 2014 | $84,961 | $25,724 | $110,685 | $2,304 |
| 2012 | $71,877 | $25,724 | $97,601 | $1,972 |
| 2011 | $74,171 | $25,724 | $99,895 | $1,918 |
| 2010 | $74,171 | $25,724 | $99,895 | $1,832 |
Property facts
Year built
2008
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
1,208 sqft
Lot size
8,538 sqft
ZIP code
52403
City
Cedar Rapids
Street
Forest Dr
Coordinates
41.97714, -91.63269
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,812
Gross rental yield
13.42%
Implied cap rate
8.72%
Trend-extrapolated value
—
Frequently asked questions
When did 562 Forest Dr last sell?
562 Forest Dr most recently sold on Jun 6, 2022 for $162,000.
What is the current tax assessment for 562 Forest Dr?
The most recent total assessment for 562 Forest Dr (year 2021) is $132,100 with $2,528 in property tax.
How does 562 Forest Dr's assessment compare to its last sale price?
The current assessment is 18.5% below the last sale price of $162,000.
When was 562 Forest Dr built?
562 Forest Dr was built in 2008.
How does 562 Forest Dr compare to others on Forest Dr?
We track 8 other properties on Forest Dr. Browse the list under "Other properties on Forest Dr" to compare beds, baths, and sale history.
What are the property facts for 562 Forest Dr?
562 Forest Dr is a 2 bed, 1 bath, 1,208 sqft, 8,538 sqft lot single_family.
Is 562 Forest Dr a flip candidate?
No — 562 Forest Dr does not appear in our flips dataset.
Is 562 Forest Dr a tax-appeal candidate?
No — 562 Forest Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$199.7K
2026 Q4
$196.6K
ZIP 52403 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Forest Dr