$118,500
SOLD MAY 8, 2020

117 E 2nd St Tipton, IA 52772

3 Beds
3 Baths
1,286 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

2% Below List Price

177 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Fenced
  • Hydromassage or Jetted Bathtub
  • Central Air

About This Home

As of June 2021

Great first time home buyer or investment property! Lots of updates here but still "meat on the bone" for the next owner to continue improvements and build easy equity. Newer kitchen, breakfast bar and formal dining area, PLUS a newly remodeled master suite with an incredible attached bath (jetted tub!) This one hits all the marks with the trendy barn door, rustic look of reclaimed wood, and even a distressed corrugated tin ceiling. Talk about character! Extra deep lot with adjoining alley makes for easy access and parking. Newer mechanicals, everything works as it should for a turn-key move in or rent ready home. Located conveniently between Highway 30 and I-80, enjoy the charm of small town living with all the amenities of the city. This bargain priced 3 bed and 3 (Yes THREE!) bath home is being sold as is. Buyers are welcome to inspect for informational purposes only.

Last Agent to Sell the Property

Jeff Nelson

Teri Graf Real Estate Team Listed on: 09/06/2019

Last Buyer's Agent

Jami Wolf

Keller Williams Legacy Group

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,392

Year Built

  • 1899

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 63 x 150
  • Fenced

Home Design

  • Frame Construction

Interior Spaces

  • 1,286 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Hydromassage or Jetted Bathtub

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,392

Year Built

1899

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.2200
  • Above Grade Finished Sq Ft: 1286
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • City Name: Tipton
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 1392
  • List User Cell Phone: 319-343-5333
  • Miscellaneous: Cable Ready, Deck, Fencing, Jetted Tub
  • Net Tax: 1234
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.98340
  • Ratio Current Price By Sq Ft: 92.15
  • Total Sq Ft: 1286
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1899

Interior Features

  • Appliances Included: Dishwasher, Range, Water Heater – Gas
  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame

Garage/Parking

  • Garage/Parking: 2 Cars, Off Street Parking, On Street Parking

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: Tipton
  • Middle School: Tipton
  • High School: Tipton

Lot Info

  • Lot Size: 63 X 150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2021
Closed on
Jun 27, 2021
Sold by
Neumann Joshua R and Neumann Caitlyn M
Bought by
Garcia Robert Anthony and May Haley D
Seller's Agent
Jami Wolf
Keller Williams Legacy Group
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$125,000
Sold Price
$127,500
Premium/Discount to List
$2,500
2%
Current Estimated Value
$144,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,474
Avg. Annual Appreciation
6.20%
Original Mortgage
$121,125
Outstanding Balance
$111,086
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$51,873

Purchase Details

Listed on
Feb 8, 2017
Closed on
Oct 6, 2017
Sold by
Cecena Anthony and Cecena Anthony Richard
Bought by
Jasperson Amber D
Seller's Agent
Kenneth Crock
Aavantis Real Estate
Buyer's Agent
Kenneth Crock
Aavantis Real Estate
List Price
$119,500
Sold Price
$112,500
Premium/Discount to List
-$7,000
-5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Original Mortgage
$110,461
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Similar Home in Tipton, IA

  • 302 Meridian St, Tipton, IA 52772

    $148,000

    • 3 Beds
    • 1.5 Baths
    • 1,038 Sq Ft
    • 302 Meridian St
    • Tipton, IA

    Take a look at this single level home with 3 bedrooms and a bath and a half. Newer flooring, paint, appliances, roof 4 years old, newer shower, and main floor laundry. This home is move in ready. Detached 2 car garage.

    Jeff Wallick Keller Williams Legacy Group

    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $127,500 None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $11,300 Credit Line Revolving
Open $121,125 New Conventional
Closed $121,125 New Conventional
Previous Owner $114,352 FHA
Previous Owner $110,461 FHA
Previous Owner $51,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $127,500 +2.0% $99 / Sq Ft
05/08/2021 05/08/21 For Sale $125,000 +5.5% $97 / Sq Ft
05/08/2020 05/08/20 Sold $118,500 0.0% $92 / Sq Ft
03/09/2020 03/09/20 Off Market $118,500 -- --
03/01/2020 03/01/20 Pending -- -- --
09/27/2019 09/27/19 Price Changed $118,500 -1.7% $92 / Sq Ft
09/06/2019 09/06/19 For Sale $120,500 +7.1% $94 / Sq Ft
10/16/2017 10/16/17 Off Market $112,500 -- --
10/13/2017 10/13/17 Sold $112,500 -5.9% $84 / Sq Ft
09/01/2017 09/01/17 For Sale $119,500 +6.2% $89 / Sq Ft
08/31/2017 08/31/17 Off Market $112,500 -- --
02/08/2017 02/08/17 For Sale $124,500 -- $93 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,242 $145,470 $17,670 $127,800
2023 $2,242 $140,670 $17,670 $123,000
2022 $2,172 $110,420 $14,460 $95,960
2021 $2,024 $110,420 $14,460 $95,960
2020 $1,496 $105,090 $14,460 $90,630
2019 $1,234 $75,210 $0 $0
2018 $1,186 $66,000 $0 $0
2017 $1,186 $69,640 $0 $0
2016 $1,282 $69,640 $0 $0
2015 $1,310 $69,050 $0 $0
2014 $1,310 $69,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1906684

Cedar Rapids Area Association of REALTORS®

APN: 0480-11-06-158-006-0