NOT LISTED FOR SALE

1200 Cemetery Rd Unit 50 Acres M/L Tipton, IA 52772

Estimated Value: $278,000 - $439,000

50 Acres
$7,387 Price per Acre
2,178,000 Sq Ft Lot

Last Sold May 04, 2012

Last sale price $60,000

Est. 498% increase in value since last sale

Current estimated payment $2,260/month

468 Days on Market

Highlights

  • 50 Acre Lot
  • Wooded Lot
  • Gentle Sloping Lot
  • Pond

About This Lot

As of May 2012

See plat in associated documents.

Last Agent to Sell the Property

LouAnn Lathrop

Iowa Realty Listed on: 11/12/2010

Last Buyer's Agent

LouAnn Lathrop

Iowa Realty Listed on: 11/12/2010

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,230

Lot Details

  • 50 Acre Lot
  • Gentle Sloping Lot
  • Wooded Lot
  • Property is zoned Ag

HOA Fees

  • $25 Monthly HOA Fees

Schools

  • Tipton Elementary And Middle School
  • Tipton High School

Additional Features

  • In Flood Plain
  • Internet Available

Community Details

Overview

  • Hidden River Subdivision

Recreation

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$3,230

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: LOTS/LAND
  • Type: Lot/Land
  • Photo Code: Complete
  • Photo Code1: Broker Loaded
  • Remarks: 50 Acres M/L with river frontage. Tons of deer, turkey, duck. Wonderful recreation/hunting ground. Not suitable for primary residence. All in timber reserve. Call LA for directions and access. Subject to plat and survey.
  • T Val: 60000
  • Potential Use: Timber
  • Subdivision: Hidden River
  • Directions: I-80 to Tipton Exit. North on H.38. Left on Cemetery Rd.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Gravel

Utilities

  • Internet: Yes
  • Water: Pond

Condo/Co-op/Association

  • Association Fee: 300

Schools

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

Lot Info

  • Acreage: 50
  • Geo Subdivision: IA
  • Lot Dimensions: 50 acres m/l
  • Zoning: Ag
  • Estimated Lot Sq Ft: 20-50 Acres
  • Improvements: Wooded/Timber
  • Present Use: Timberland, Undeveloped Land
  • Topology: Flood Plain, Gentle Rolling

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2016
Sold by
Baker Stephen L and Baker Elizabeth
Bought by
Pearson Scott A and Pearson Katrina M
Current Estimated Value
$358,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Outstanding Balance
$227,010
Interest Rate
3.25%
Mortgage Type
Commercial
Estimated Equity
$201,839
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pearson Scott A $310,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Scott A $279,000
Closed Pearson Scott A $279,000
Previous Owner Baker Stephen L $196,023
Previous Owner Donahue John R $11,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2012 05/04/12 Sold $60,000 -58.6% --
02/23/2012 02/23/12 Pending -- -- --
11/12/2010 11/12/10 For Sale $145,000 -- --
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
2024 $3,230 $322,950 $97,600 $225,350
2023 $3,230 $306,120 $97,600 $208,520
2022 $2,652 $228,130 $58,500 $169,630
2021 $2,490 $228,130 $58,500 $169,630
2020 $2,380 $202,780 $52,000 $150,780
2019 $2,312 $194,190 $0 $0
2018 $2,286 $194,190 $0 $0
2017 $2,286 $190,960 $0 $0
2016 $2,344 $190,960 $0 $0
2015 $2,472 $190,960 $0 $0
2014 $2,368 $186,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20106469

Iowa City Area Association of REALTORS®

APN: 0290-14-12-429-001-0