NOT LISTED FOR SALE

1186 Timber Ln Tipton, IA 52772

Estimated Value: $436,000 - $508,394

5 Beds
3 Baths
3,350 Sq Ft
$140/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $400,000 $119 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,040/month

2 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Breakfast Bar
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • Patio

About This Home

As of June 2021

Beautiful sprawling ranch backing up to timber sitting on just over an acre. Located just minutes between Tipton and I80, you can enjoy country living while still having easy access to Iowa City, Muscatine and the Quad Cities. This home features over 3200 square feet of living space. The main level has 4 bedrooms including a beautiful master suite with walk-in closet, jetted tub, his and her vanity and separate shower. The kitchen features tons of cabinet and counter top space along with a breakfast bar. The finished lower level has a 5th bedroom as well as a non-conforming 6th bedroom. The walkout basement has a large family room, rec room and 3rd full bath. Call for your showing today!

Last Agent to Sell the Property

Steven Hankemeier

RE/MAX CONCEPTS Listed on: 04/07/2021

RE/MAX CONCEPTS

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,225

Year Built

  • 2011

Lot Details

  • 1.02 Acre Lot

HOA Fees

  • $48 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Community Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,225

Year Built

2011

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Style: Ranch
  • Acres: 1.0200
  • Above Grade Finished Sq Ft: 1800
  • Association Fee Frequency: Year
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 5
  • City Name: Tipton
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 4225
  • List User Cell Phone: 563-212-3008
  • Low Lvl Fin Sq Ft: 1550
  • Miscellaneous: Cable Ready, Deck, Jetted Tub, Patio, Vaulted Ceiling
  • Net Tax: 4225
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 222.22
  • Total Sq Ft: 3350
  • Water Sewer Roads: Community Well, Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Family Room, Non Egress-Ll Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 4
  • Fireplace Features: Built In, Family Room, Gas
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, Stone, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Fee: 580
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: 1.02 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2021
Sold by
Paustian Brian A
Bought by
Tholen Lindsey M
Current Estimated Value
$467,599

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jun 10, 2021
Sold by
Allen Paustian Brian and Allen Marie Lindsey
Bought by
Paustian Brian and Paustian Marie Lindsey
Seller's Agent
Steven Hankemeier
RE/MAX CONCEPTS
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2011
Sold by
Treimer Lynne P
Bought by
Paustian Brian Allen and Paustian Lindsey Marie
Source: Public Records

Range of Values:

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Average Value
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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
Tholen Lindsey M -- Bray & Klockau Plc
Paustian Brian $400,000 Barnett Ross F
Paustian Brian Allen $29,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paustian Brian $300,000
Previous Owner Paustian Brian A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $400,000 0.0% $119 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $400,000 -- $119 / 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 $5,564 $465,170 $62,830 $402,340
2023 $5,196 $472,040 $62,830 $409,210
2022 $4,026 $387,730 $45,900 $341,830
2021 $3,790 $336,470 $45,900 $290,570
2020 $2,984 $299,080 $40,800 $258,280
2019 $3,064 $250,320 $40,800 $258,280
2018 $3,300 $271,740 $0 $0
2017 $3,300 $241,140 $0 $0
2016 $3,044 $241,140 $0 $0
2015 $3,210 $241,140 $0 $0
2014 $3,210 $241,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2102037

Cedar Rapids Area Association of REALTORS®

APN: 0290-10-36-476-006-0