Seller's Agent in 2025
Steven Hankemeier
RE/MAX
(563) 212-3008
74 in this area
186 Total Sales
116 E 7th St Tipton, IA 52772
3
Beds
1.5
Baths
1,930
Sq Ft
6,970
Sq Ft Lot
Highlights
- Deck
- No HOA
- 1 Car Attached Garage
- Recreation Room
- Formal Dining Room
- 5-minute walk to Tipton City Park
About This Home
As of August 2025Don’t miss your chance to own this beautiful, character-filled two-story home, perfectly positioned on a desirable corner lot in the heart of Tipton. A prime location offers the perfect balance of convenience and comfort. Inside, you’ll find 3 bedrooms and 1.5 bathrooms, along with multiple living areas including a cozy living room, a welcoming family room, and a spacious rec room. The generously sized basement is designed with entertaining in mind, offering plenty of room to relax or host guests. Outside, you'll love beautiful gardens and a large deck, ideal for outdoor gatherings or peaceful evenings at home. A true bonus is the detached building in the backyard, which can serve as a guest house, home office, kids play house or just added storage. Whether you're searching for a welcoming family home or a smart investment opportunity, this property is full of charm and potential. Come see it in person, you’re going to love it!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,370
Year Built
- Built in 1908
Lot Details
- 6,970 Sq Ft Lot
Parking
- 1 Car Attached Garage
- On-Street Parking
Home Design
- Frame Construction
- Wood Siding
Interior Spaces
- 2-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Recreation Room
- Basement Fills Entire Space Under The House
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Upstairs
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Shed
Schools
- Tipton Elementary And Middle School
- Tipton High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 048007313620090
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2025
Closed on
Aug 27, 2025
Sold by
Deney Craig
Bought by
Johnson Cassandra and Johnson Dayne
Seller's Agent
Steven Hankemeier
RE/MAX CONCEPTS
Buyer's Agent
Steven Hankemeier
RE/MAX CONCEPTS
List Price
$200,000
Sold Price
$188,000
Premium/Discount to List
-$12,000
-6%
Views
39
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.95%
Original Mortgage
$150,400
Outstanding Balance
$150,400
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$47,820
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $188,000 | None Listed On Document | |
| Warranty Deed | $188,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,400 | New Conventional | |
| Closed | $150,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Sold | $188,000 | -6.0% | $97 / Sq Ft |
| 07/10/2025 07/10/25 | Pending | -- | -- | -- |
| 06/12/2025 06/12/25 | For Sale | $200,000 | -- | $104 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,450 | $168,490 | $13,750 | $154,740 |
| 2023 | $2,370 | $163,650 | $13,750 | $149,900 |
| 2022 | $2,286 | $128,620 | $11,250 | $117,370 |
| 2021 | $2,122 | $128,620 | $11,250 | $117,370 |
| 2020 | $1,994 | $122,110 | $11,250 | $110,860 |
| 2019 | $1,844 | $111,390 | $0 | $0 |
| 2018 | $1,786 | $111,390 | $0 | $0 |
| 2017 | $1,786 | $114,280 | $0 | $0 |
| 2016 | $1,882 | $114,280 | $0 | $0 |
| 2015 | $1,918 | $113,170 | $0 | $0 |
| 2014 | $1,880 | $113,170 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Hankemeier
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2504380
APN: 0480-07-31-362-009-0
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