503 Forest Dr SE, Cedar Rapids, IA 52403 Property Records

Linn County property record for 503 Forest Dr SE, Cedar Rapids, IA 52403

Property Summary

Property Type	Single Family Home
Details	5 bd · 2.75 ba · 2,376 sqft · built 1915
Lot Size	0.17 acres (7,405 sqft)
Owner	Company Name on File
Last Sale	$145,000 (Jun 2021)
Tax Bill	$4,662 (2025)
Deeds & Mortgages	Jun 2021 Sale & Construction Loan Feb 2019 Sale + 2 more
Flood Zone	Zone X (minimal risk)
APN	`14233-34015-00000`

Property Details

APN / Parcel Number

Primary APN	`14233-34015-00000`

Interior

Bedrooms	5 Beds
Full Baths	2.75 Baths
Half Baths	1 Half Bath
Total Rooms	9 Rooms
Stories	2 Stories
Building Area	2,376 sqft Living Area
Gross Area	3,280 sqft
1st Floor Area	2,076 sqft
Basement Area	988 sqft
Finished Basement	300 sqft
Unfinished Basement	688 sqft
Game Room	Game Room
Flooring	Ceramic Tile
Interior Walls	Plaster
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1915
Effective Year Built	Effective 1915
Architectural Style	Multi-Level
Exterior Material	Aluminum/Vinyl
Construction Type	Frame
Foundation Type	Stone
Roof Type	Gambrel
Roof Material	Asphalt
Lot Area	7,405 sqft (0.17 acres)
Lot Dimensions	53 ft deep x 53 ft wide
Porch	Enclosed Frame Porch
Porch Area	277 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	503 FOREST DR SE
City	CEDAR RAPIDS
State	IA
Zip	52403-4234
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	VERNON HEIGHTS 7TH S 3 LOT 8 & ALL STR/LB 9 31
Legal Range	7W
Legal Township	83N
Legal Section	23
Legal Subdivision	VERNON HEIGHTS 7TH
Legal Block	31
Legal Lot Number	8
Jurisdiction	LINN IA
Township / Civil Division	CEDAR RAPIDS
Census Block Group	4
Census Block	4018
Census Tract	1700

Owner

503 Forest Dr SE is owned by a company that bought it in June 2021.

Source: Linn County records, as of October 5, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on File
Mailing Address	1111 CEDAR SPRINGS DR, MARION, IA 52302-0030
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Jun 24, 2021	Warranty Deed, Construction Loan · Construction Mortgage GREENSTATE CU
Feb 27, 2019	Warranty Deed, Transfer
Aug 24, 2018	Warranty Deed, Transfer · Conventional with PMI UNIVERSITY OF IA CMNTY CU
May 30, 2018	Deed of Trust, Mortgage · Line of Credit UNIVERSITY OF IA CMNTY CU

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 24, 2021 · Amount on File
Deed Sale	Jun 24, 2021 · Amount on File
Prior Sale	Oct 5, 2020 · Amount on File
Deed Book / Page	11057 / 594
Prior Transfer Date	Sep 29, 2020
Record Updated	Oct 29, 2026

June 2021: Warranty Deed, Construction Loan

Document Type	Warranty Deed
Jurisdiction	LINN IA
Recording Date	Jun 24, 2021
Property Address	503 FOREST DR SE, CEDAR RAPIDS, IA 52403-4234
Document Number	1105700594
Book / Page	11057 / 594
Instrument Date	Jun 10, 2021
Transaction Type	Construction Loan
Record Updated	Oct 21, 2025

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$231.20
Amount Accuracy	Rounded by County
Additional	Notice of Foreclosure Sale Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1111 CEDAR SPRINGS DR, MARION, IA 52302-0030

Mortgage

Document Number	0011057596
Date	Jun 24, 2021
Instrument	11057/596

Lender

Name	GREENSTATE CU
Type	Credit Union

Agreement

Type	Construction Mortgage
Amount	Amount on Record

February 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	LINN IA
Recording Date	Feb 27, 2019
Property Address	503 FOREST DR SE, CEDAR RAPIDS, IA 52403-4234
Document Number	0103000219
Book / Page	010300 / 000219
Instrument Date	Aug 3, 2018
Transaction Type	Transfer
Record Updated	Mar 25, 2019

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	503 FOREST DR SE CEDAR RAPIDS IA 524034234, CEDAR RAPIDS, IA 52403-4234

August 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	LINN IA
Recording Date	Aug 24, 2018
Property Address	503 FOREST DR SE, CEDAR RAPIDS, IA 52403-4234
Document Number	0101820116
Book / Page	010182 / 000116
Instrument Date	Aug 3, 2018
Transaction Type	Transfer
Record Updated	Sep 25, 2018

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$304.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	503 FOREST DR CEDAR RAPIDS IA 52403, CEDAR RAPIDS, IA 52403

Mortgage

Document Number	101820117
Date	Aug 24, 2018
Book Page	010182/000117

Lender

Name	UNIVERSITY OF IA CMNTY CU
Type	Credit Union
Address	NORTH LIBERTY, IA 52317

Agreement

Type	Conventional with PMI
Amount	Amount on Record
Term	360 Months
Due	Aug 23, 2048

Interest

Rate Type	Adjustable Rate
Rate	5.5%

May 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LINN IA
Property Address	503 FOREST DR SE, CEDAR RAPIDS, IA 52403-4234
Document Number	0101200574
Instrument Date	May 30, 2018
Transaction Type	Mortgage
Record Updated	Jul 9, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Married Couple
Address	503 FOREST DR SE CEDAR RAPIDS IA 524034234, CEDAR RAPIDS, IA 52403-4234

Mortgage

Document Number	0101200574
Date	Jun 11, 2018
Book Page	010120/000574

Lender

Name	UNIVERSITY OF IA CMNTY CU
Type	Credit Union
Address	NORTH LIBERTY, IA 52317

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	24 Months
Due	Jun 10, 2020

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 503 Forest Dr SE was $4,662, up 9.7% from the year before.

Source: Linn County assessment roll, as of October 5, 2026

Property Jurisdictions

Type	Name
State	Iowa
County	Linn County
Municipality	Cedar Rapids City
Unified School District	Cedar Rapids Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$267,100 (-) Land $45,100 Building $222,000	$267,100 (-) Land $45,100 Building $222,000
2025	$4,662.00 (+9.69%)	$267,100 Land $45,100 Building $222,000	$267,100 Land $45,100 Building $222,000
2024	$4,250.00
2023		$240,200 Land $39,800 Building $200,400	$240,200 Land $39,800 Building $200,400
2022	$4,552.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 503 Forest Dr SE in Zone X, an area of minimal flood risk, though there have been 3 flood claims nearby since 1993.

Source: FEMA National Flood Hazard Layer, effective May 31, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	3 (1993–2008)
Claims Outside the SFHA	1 of 3
Most Recent Claim	Jun 2008 · Severe Storms, Tornadoes, And Flooding
Claims by Event	Severe Storms, Tornadoes, And Flooding, Jun 2008 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 503 Forest Dr SE is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.8% of the US · lower than 98.1% of Iowa
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CEDAR RAPIDS WATER DEPARTMENT serves 142,364 people · EPA ID IA5715093
Water Source	Groundwater influenced by surface water
Last State Inspection	Oct 2025
Lead	2 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 550 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Mediacom Xtream Cable	2,000 / 1,000
ImOn Communications Cable · Fiber in parts of the area	300 / 30
Verizon Fixed Wireless	300 / 20
AT&T Fixed Wireless	100 / 20

May also be available: CenturyLink.

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