NOT LISTED FOR SALE

2048 Hwy 38 Tipton, IA 52772

Estimated Value: $442,246

10 Acres
$44,225 Price per Acre
435,600 Sq Ft Lot

Last Sold April 18, 2014

Last sale price $195,872 $102 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,719/month

280 Days on Market

Highlights

  • Separate Outdoor Workshop
  • Property is near shops
  • Level Lot
  • Commercial or Retail Space
  • Fenced

About This Lot

As of April 2014

2 other separate listings. MLS #20133573 lists 10 acres with commercial improvements (Secure Outdoor Storage facility. MLS #20133576 lists the entire 20 acre parcel plus improvements.

Last Agent to Sell the Property

David Biancuzzo

Coldwell Banker Real Estate Professionals Listed on: 06/26/2013

Co-Listed By

David Mattingly

Edge Realty Group

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,938

Lot Details

  • 10 Acre Lot
  • Property fronts an interstate
  • Fenced
  • Level Lot
  • Open Lot
  • Property is zoned Commercial

Home Design

  • Commercial or Retail Space

Location

  • Property is near shops

Schools

  • Tipton Elementary And Middle School
  • Tipton High School

Utilities

  • Private Company Owned Well
  • Septic System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 030015173000090

Community Details

Recreation

  • Separate Outdoor Workshop

Additional Features

  • Auditor's Parcel F Subdivision
  • Security

Property Details

Property Type

Land

Est. Annual Taxes

$3,938

Lot Details

0

Listing Details

  • Property Type: LOTS/LAND
  • Type: Commercial
  • Photo Code: Complete
  • Photo Code1: Broker Loaded
  • Remarks: PRICE REDUCED. 10 Acre parcel of commercial land (Lot 2) fronting Interstate 80 at Hwy 38 (Tipton) exit. Property is next to Kum & Go, and "Secure Outdoor Storage/U-Haul facility. 10 acres of undeveloped land only. Great for auto/truck/farm implement dealer or repair, mini-storage or other future development. Property is on private well and septic system with neighboring 10 acre parcel. Easement can be created/granted upon transfer for use/maintenance/access as per agreed purchase agreement.
  • Tax Year Report: 2011
  • Potential Use: Agriculture/Farming
  • Section: 17-18
  • Subdivision: Auditor's Parcel F
  • Directions: Property located just east of Kum & Go C-Store at I-80 & Hwy 38 (Topton) interchange.
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: County/City Road, Interstate Service, State Highway
  • Structure: Fencing, Work Shop

Utilities

  • Internet: Yes
  • Utilities Available: Electricity, Septic, Well-Private

Condo/Co-op/Association

  • Amenities: Security, Street Lights, Close to Shopping

Schools

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

Lot Info

  • Acreage: 10
  • Geo Subdivision: IA
  • Lot Dimensions: IRREG
  • Zoning: Commercial
  • Estimated Lot Sq Ft: 5-10 Acres, 10-20 Acres, 20-50 Acres
  • Improvements: Open Land
  • Lot: 1
  • Plat Page: 60
  • Present Use: Platted
  • Price Per Acre: 20000
  • Topology: Level

Tax Info

  • Gross Tax County City: 5972
  • Assessor Parcel Number: 030015173000090

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2019
Sold by
Top Farms Llp
Bought by
Kinion Adam H
Total Days on Market
280
Current Estimated Value
$442,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,650
Outstanding Balance
$246,760
Interest Rate
4.1%
Mortgage Type
Undefined Multiple Amounts
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
Kinion Adam H $287,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kinion Adam H $0
Open Kinion Adam H $280,650
Previous Owner Secure Outdoor Storage Inc $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2014 04/18/14 Sold $195,872 -2.1% $102 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
06/26/2013 06/26/13 For Sale $200,000 -- $104 / 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
2024 $3,938 $245,910 $82,580 $163,330
2023 $4,950 $295,960 $150,080 $145,880
2022 $6,084 $274,050 $150,080 $123,970
2021 $5,478 $274,050 $150,080 $123,970
2020 $5,028 $238,140 $120,060 $118,080
2019 $3,154 $218,700 $0 $0
2018 $3,796 $259,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Biancuzzo

    Coldwell Banker Real Estate Professionals

  • D

    Seller Co-Listing Agent in 2014

    David Mattingly

    Edge Realty Group

    Section Image

  • N

    Buyer's Agent in 2014

    Nonmember NONMEMBER

    NONMEMBER

See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20133577

Iowa City Area Association of REALTORS®

APN: 030015184000090

Iowa Cedar County Tipton 52772

2048 Hwy 38, Tipton, IA

This home is located at 2048 Hwy 38, Tipton, IA 52772 since 26 June 2013 and is currently priced at $442,246, approximately $230 per square foot. 2048 Hwy 38 is a home located in Cedar County with nearby schools including Wilton Elementary School and Wilton Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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