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3691 Forest Gate Dr

Iowa City, IA 52240

5 bd 3 ba 3,950 sqft Built 1992 Lot 43,560 sqft land
Most recent sale
$600,000
Nov 1, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 24, 2024 Sold $925,000 IowaCity
Mar 20, 2024 Listed $930,000 IowaCity
Nov 1, 2023 Sold $600,000 IowaCity
Oct 2, 2023 Listing removed IowaCity
Oct 1, 2023 Listing removed CedarRapids
Jul 29, 2023 Listed $699,900 CedarRapids

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $650,200 $125,000 $775,200 $8,302
2024 $650,200 $125,000 $775,200 $8,128
2023 $486,300 $125,000 $611,300 $8,258
2022 $416,400 $125,000 $541,400 $7,780
2021 $416,400 $125,000 $541,400 $7,838
2020 $396,600 $125,000 $521,600 $7,710
2019 $398,300 $125,000 $523,300 $7,718
2018 $507,600 $7,570
2017 $382,600 $125,000 $507,600 $7,414
2016 $371,500 $125,000 $496,500 $7,148
2015 $371,500 $125,000 $496,500 $6,788
2014 $345,500 $125,000 $470,500 $6,144
2013 $345,500 $99,000 $444,500 $6,090
2012 $357,100 $99,000 $456,100 $5,928
2011 $357,100 $99,000 $456,100 $5,840
2010 $357,100 $99,000 $456,100 $5,726
2007 $357,100 $99,000 $456,100 $5,234
2005 $357,100 $99,000 $456,100 $4,676
2004 $440,700 $4,688

Property facts

Year built
1992
Property type
land
Stories
Beds
5
Baths
3
Living area
3,950 sqft
Lot size
43,560 sqft
ZIP code
52240
City
Iowa City
Street
Forest Gate Dr
Coordinates
41.71307, -91.57113

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,925
Gross rental yield
11.85%
Implied cap rate
7.70%
Trend-extrapolated value

Frequently asked questions

When did 3691 Forest Gate Dr last sell?
3691 Forest Gate Dr most recently sold on Nov 1, 2023 for $600,000.
What is the current tax assessment for 3691 Forest Gate Dr?
The most recent total assessment for 3691 Forest Gate Dr (year 2025) is $775,200 with $8,302 in property tax.
How does 3691 Forest Gate Dr's assessment compare to its last sale price?
The current assessment is 29.2% above the last sale price of $600,000.
When was 3691 Forest Gate Dr built?
3691 Forest Gate Dr was built in 1992.
How does 3691 Forest Gate Dr compare to others on Forest Gate Dr?
We track 8 other properties on Forest Gate Dr. Browse the list under "Other properties on Forest Gate Dr" to compare beds, baths, and sale history.
What are the property facts for 3691 Forest Gate Dr?
3691 Forest Gate Dr is a 5 bed, 3 bath, 3,950 sqft, 43,560 sqft lot land.
Is 3691 Forest Gate Dr a flip candidate?
Yes — 3691 Forest Gate Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3691 Forest Gate Dr a tax-appeal candidate?
No — 3691 Forest Gate Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.8%
Implied 1-yr
-15.0%
2026 Q3
$332.1K
2026 Q4
$315.6K
ZIP 52240 — Median Price History + Forecast

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