Eric Thompson
Ruhl&Ruhl, Realtors
(515) 715-4006
12 Total Sales
2 in Tipton
$117K - $215K Price Range
116 W 5th St Tipton, IA 52772
Tipton AreaEstimated Value: $145,184
1
Bed
1.5
Baths
1,496
Sq Ft
871
Sq Ft Lot
Highlights
- Deck
- Laundry Room
- Combination Kitchen and Dining Room
- Eat-In Kitchen
- Forced Air Heating and Cooling System
- Family Room
About This Home
As of June 2025Here is a incredible opportunity to own a beautiful 2nd floor apartment AND a bar. The entire building can be yours and includes the ground floor space which was most recently operating as a bar and the second floor living space. Both spaces have undergone massive renovations. The living space is an open concepts with the family room flowing to the kitchen which includes a large island, quartz countertops, stainless steel appliances. The full bath is located right off the bedroom and laundry. The main level could be reopened as a bar or bring your vision to life! Call for more information and details.
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,438
Year Built
- Built in 1950
Lot Details
- 871
Home Design
- Brick Exterior Construction
- Frame Construction
Interior Spaces
- 1,496 Sq Ft Home
- Family Room
- Combination Kitchen and Dining Room
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- Primary Bedroom Upstairs
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Parking
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Deck
Schools
- Tipton Elementary And Middle School
- Tipton High School
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Community Details
- High-Rise Community
Listing and Financial Details
- Assessor Parcel Number 048011061070190
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 13, 2024
Closed on
Jun 2, 2025
Sold by
Sae Investments Llc
Bought by
Seller's Agent
Steven Hankemeier
RE/MAX CONCEPTS
Buyer's Agent
Steven Hankemeier
RE/MAX CONCEPTS
List Price
$175,000
Sold Price
$142,000
Premium/Discount to List
-$33,000
-18.86%
Views
102
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,184
Avg. Annual Appreciation
1.76%
Purchase Details
Closed on
Apr 24, 2020
Sold by
Groves Sally A
Bought by
Sae Investments Llc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Tipton, IA
-
Eric Thompson
-
Monica Hayes
Monica Hayes
Lepic-Kroeger, REALTORS
(319) 250-5488
646 Total Sales
4 in Tipton
$145K - $149K Price Range
-
Robin Sueppel
Robin Sueppel
Urban Acres Real Estate
(319) 844-7009
202 Total Sales
6 in Tipton
$170K - $296K Price Range
-
Angie Longou
Angie Longou
Skogman Realty Co.
(319) 250-5492
71 Total Sales
2 in Tipton
$269,000 Price Range
-
Kimberly Schillig
Kimberly Schillig
Lepic-Kroeger, REALTORS
(424) 322-6425
186 Total Sales
1 in Tipton
$390,000 Price
-
Holly Kreger
Holly Kreger
Pinnacle Realty LLC
(319) 320-4058
54 Total Sales
1 in Tipton
$350,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $142,000 | None Listed On Document | ||
| Sae Investments Llc | -- | None Available |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | Sold | $142,000 | -13.9% | $95 / Sq Ft |
| 04/22/2025 04/22/25 | Pending | -- | -- | -- |
| 04/15/2025 04/15/25 | Price Changed | $165,000 | -5.7% | $110 / Sq Ft |
| 11/13/2024 11/13/24 | For Sale | $175,000 | -- | $117 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,628 | $98,040 | $2,770 | $95,270 |
| 2024 | $1,622 | $90,100 | $2,770 | $87,330 |
| 2023 | $1,468 | $85,230 | $2,770 | $82,460 |
| 2022 | $868 | $55,020 | $2,770 | $52,250 |
| 2021 | $484 | $41,000 | $2,770 | $38,230 |
| 2020 | $656 | $23,200 | $2,770 | $20,430 |
| 2019 | $630 | $29,920 | $0 | $0 |
| 2018 | $634 | $29,920 | $0 | $0 |
| 2017 | $632 | $16,030 | $0 | $0 |
| 2016 | $642 | $16,030 | $0 | $0 |
| 2015 | $534 | $28,120 | $0 | $0 |
| 2014 | $534 | $28,120 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Hankemeier
Seller's Agent in 2025
Steven Hankemeier
RE/MAX
(563) 212-3008
202 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2407901
APN: 0480-11-06-107-019-0
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