NOT LISTED FOR SALE

1201 Cedar St Tipton, IA 52772

Estimated Value: $99,621

-- Bed
-- Bath
1,804 Sq Ft
$55/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $82,500 $46 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $712/month

61 Days on Market

About This Home

As of August 2021

Commercial property with high visibility and high traffic count right on Cedar St (Hwy 38) in Tipton. Many possible uses. .367 acre lot. Front is paved. Building has an overhead door. Sewer line was replaced when W 13th Street on South side was repaved a few years ago. Entrance from Cedar Street and W 13th Street. Great Restaurant location. Storage building in rear is reserved.

Last Listed By

Jeff Wallick

Keller Williams Legacy Group License #S61249000 Listed on: 06/02/2021

Keller Williams Legacy Group

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,578

Year Built

  • Built in 1950

Lot Details

  • 0.36

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$1,578

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment, Office, Other, Restaurant, Retail, Warehouse
  • Lvt Date: 06/02/2021
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Other Access: None
  • Total Building Sq Ft: 1804
  • Estimated Lot Sq Ft: 1804

Exterior Features

  • Exterior Finish: Steel
  • Frontage Access: Corner Lot, City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Metal
  • Wall Construction: Frame, Steel/ST Fram

Utilities

  • Electric Company: City of Tipton
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City
  • Gas Company: City or Tipton
  • Water Company: City of Tipton

Association/Amenities

  • Amenities: Other Amenities

Lot Info

  • Estimated Number of Acres: 0.36
  • Zoning: Commercial
  • Estimated Land Size: 100x150x100x170
  • Geo Subdivision: IA
  • Irregular Lot: Yes
  • Lot Size Remarks: Corner Lot
  • Property Use: Other Property Use

Rental Info

  • Owner Pays: N/A
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 1578
  • Parcel Id Number Tax Id: 048007313010040
  • Tax Incentive: None
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Aug 19, 2021
Sold by
Urmie Charles A and Lynn Tami
Bought by
Claussen Edward S and Claussen Jaye L
Seller's Agent
Jeff Wallick
Keller Williams Legacy Group
Buyer's Agent
Jeff Wallick
Keller Williams Legacy Group
List Price
$99,500
Sold Price
$82,500
Premium/Discount to List
-$17,000
-17.09%
Total Days on Market
61
Current Estimated Value
$99,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,121
Avg. Annual Appreciation
5.69%

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
Claussen Edward S $82,500 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $82,500 -17.1% $46 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $99,500 -- $55 / Sq Ft
Source: RMLS Alliance

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 $1,918 $110,280 $34,870 $75,410
2023 $1,918 $111,350 $34,870 $76,480
2022 $1,762 $89,550 $34,870 $54,680
2021 $1,674 $89,550 $34,870 $54,680
2020 $1,578 $86,960 $34,890 $52,070
2019 $1,560 $84,300 $0 $0
2018 $1,516 $84,300 $0 $0
2017 $1,516 $84,150 $0 $0
2016 $1,764 $95,820 $0 $0
2015 $2,934 $95,820 $0 $0
2014 $3,120 $95,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4222308

RMLS Alliance

APN: 0480-07-31-301-004-0