NOT LISTED FOR SALE

117 Summit Dr Tipton, IA 52772

Estimated Value: $440,234 - $473,000

4 Beds
2 Baths
1,687 Sq Ft
$271/Sq Ft Est. Value

Last Sold October 28, 2018

Last sale price $300,000 $178 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,960/month

98 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • Formal Dining Room
  • Laundry Room
  • Deck
  • Breakfast Bar
  • Kitchen Island

About This Home

As of October 2018

Beautiful 4 bedroom 2 bath new construction in across from country club and golf course. Beautiful kitchen with granite counter tops, built in cook-top, full sized wall oven, french door refrigerator and an amazing island/breakfast bar. Open floorplan. Large covered deck w/ ceiling fan/light. The master bedroom has lots of natural light, huge walk-in closet, private bath w/ dual sinks & linen pantry. 3 additional bedrooms are large and near the second full bath on main. Huge 3 car garage.

Last Agent to Sell the Property

Teresa Horton

Cornerstone Real Estate Consultants Listed on: 07/13/2018

Last Buyer's Agent

Teresa Horton

Cornerstone Real Estate Consultants Listed on: 07/13/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 86 x 120
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,687 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Bathroom Rough-In
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom

Outdoor Features

  • Deck

Schools

  • Tipton Elementary And Middle School
  • Tipton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Community Details

  • Built by Mente Construction
  • Fraisuers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0480-10-01-401-007-0

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1687
  • Homebuilder: Mente Construction
  • Owner Name L F Mi: Mente Construction
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: LL has an egress window, is stubbed for a bath & ready for your finishing touches.
  • Year Built: 2018
  • Subdivision: Fraisuers
  • Directions: I-80 E to W Liberty exit, N to stop sign, E to Summit Dr. S to property
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Other
  • Basement Remarks: Bath Stubbed, Full
  • Fireplace Type Location: In Living Room, Gas
  • Interior R: Cable Available
  • Kitchen Breakfast R: Breakfast Bar, Island, Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre, Level
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Beautiful 4 bedroom 2 bath new construction in across from country club and golf course. Beautiful kitchen with granite counter tops, built in cook-top, full sized wall oven, french door refrigerator and an amazing island/breakfast bar. Open floorplan. Large covered deck w/ ceiling fan/light. The master bedroom has lots of natural light, huge walk-in closet, private bath w/ dual sinks & linen pantry. 3 additional bedrooms are large and near the second full bath on main. Huge 3 car garage.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Cook Top Separate, Dishwasher, Icemaker Line, Microwave, Wall Oven, Refrigerator
  • Number Bedrooms Main: 4
  • Sq Ft Above: 1687
  • Total Full Baths: 2
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, 1st Floor, Main
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • New Construction: Yes
  • ExteriorFeatures: Deck

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Acreage: 0.24
  • Geo Subdivision: IA
  • Lot Dimensions: 86 X 120
  • Zoning: RES

Tax Info

  • Assessor Parcel Number: 0480-10-01-401-007-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Sep 26, 2018
Sold by
Mente Construction Co
Bought by
Hill Douglas R and Foley Lori L
Seller's Agent
Teresa Horton
Cornerstone Real Estate Consultants
Buyer's Agent
Teresa Horton
Cornerstone Real Estate Consultants
List Price
$318,500
Sold Price
$300,000
Premium/Discount to List
-$18,500
-5.81%
Current Estimated Value
$457,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,059
Avg. Annual Appreciation
5.97%
Original Mortgage
$150,000
Outstanding Balance
$85,962
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$371,097
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hill Douglas R $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Douglas R $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2018 10/28/18 Sold $300,000 -5.8% $178 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $318,500 -- $189 / Sq Ft
Source: Iowa City 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
2025 $7,008 $451,300 $40,850 $410,450
2024 $7,008 $413,210 $40,850 $372,360
2023 $6,732 $401,270 $40,850 $360,420
2022 $6,318 $330,190 $36,770 $293,420
2021 $5,530 $330,190 $36,770 $293,420
2020 $4,964 $295,750 $36,770 $258,980
2019 $1,286 $69,490 $0 $0
2018 $484 $26,960 $0 $0
2017 $484 $25,680 $0 $0
2016 $472 $25,680 $0 $0
2015 $22 $1,150 $0 $0
2014 $22 $1,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20184285

Iowa City Area Association of REALTORS®

APN: 0480-10-01-401-007-0