NOT LISTED FOR SALE

400 East St Tipton, IA 52772

Estimated Value: $120,737 - $138,000

2 Beds
1 Bath
1,021 Sq Ft
$127/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $68,000 $67 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $846/month

249 Days on Market

Highlights

  • Golf Course Community
  • Community Pool
  • Porch
  • Separate Formal Living Room
  • Formal Dining Room
  • Community Playground

About This Home

As of December 2012

Own a rare piece of history with this 2 bedroom, 1 bath Lustron “Westchester Deluxe” post World War II home located on the east end of Tipton. Many updates including: electric underground service & panel ’11, furnace ’09, central air ’04, roof ’01, garage roof ’00, carpet ’02, range & refrigerator ’04, & more! Galley kitchen with china pass through between kitchen/dining room. Large living room with bay window. MBR has built-in vanity. Ample, built-in storage throughout. Two stall detached garage.

Last Listed By

KIRK WENNDT

Kirk Wenndt Realty Listed on: 03/30/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,516

Year Built

  • Built in 1947

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 150
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Slab Foundation

Interior Spaces

  • 1,021 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Formal Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Porch

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

Listing and Financial Details

  • Assessor Parcel Number 048011062070070

Community Details

Overview

  • Built by Lustron
  • Prescott's Addition Subdivision

Recreation

  • Golf Course Community
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,516

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1021
  • Homebuilder: Lustron
  • Owner Name L F Mi: Shulista, James & Judith
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Easement over neighbor's existing driveway for ingress & egress purposes to garage.
  • T Val: 68000
  • Year Built: 1947
  • Tax Year Report: 2012
  • Subdivision: Prescott's Addition
  • Directions: Hwy. 38 north to Tipton. Right on E. 4th St. Left on East St.
  • Amenities: Golf Course, Park, Playground, Pool, Street Lights
  • Basement Remarks: Slab
  • Fireplace Type Location: None
  • Interior R: Cable Available
  • Kitchen Breakfast R: Pantry, Other
  • Lot Description R: Less than .5 Acre, Level, Sloping
  • Possession R: Immediate, At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story, Other
  • Remarks2: Own a rare piece of history with this 2 bedroom, 1 bath Lustron “Westchester Deluxe” post World War II home located on the east end of Tipton. Many updates including: electric underground service & panel ’11, furnace ’09, central air ’04, roof ’01, garage roof ’00, carpet ’02, range & refrigerator ’04, & more! Galley kitchen with china pass through between kitchen/dining room. Large living room with bay window. MBR has built-in vanity. Ample, built-in storage throughout. Two stall detached garage.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1021
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Mstr Br Width: 12
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • ExteriorFeatures: Porch

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

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

Schools

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

Lot Info

  • Acreage: 0.26
  • Geo Subdivision: IA
  • Lot Dimensions: 75 X 150
  • Zoning: R-1

Tax Info

  • Gross Tax County City: 1296
  • Assessor Parcel Number: 048011062070070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2012
Closed on
Dec 18, 2012
Sold by
Shulista James L and Shulista Judith K
Bought by
Johnston Kathryn L
Seller's Agent
KIRK WENNDT
Kirk Wenndt Realty
Buyer's Agent
KIRK WENNDT
Kirk Wenndt Realty
List Price
$80,000
Sold Price
$68,000
Premium/Discount to List
-$12,000
-15%
Total Days on Market
249
Current Estimated Value
$129,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,934
Avg. Annual Appreciation
5.75%
Original Mortgage
$68,100
Interest Rate
3.28%
Mortgage Type
USDA

Range of Values:

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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
Johnston Kathryn L $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Ryan W $85,000
Closed Rogers Scott P $56,800
Closed Johnston Kathryn L $68,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2012 12/21/12 Sold $68,000 -15.0% $67 / Sq Ft
12/04/2012 12/04/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $80,000 -- $78 / 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 $1,516 $101,490 $21,040 $80,450
2023 $1,516 $98,470 $21,040 $77,430
2022 $1,428 $81,570 $17,210 $64,360
2021 $1,336 $81,570 $17,210 $64,360
2020 $1,254 $78,000 $17,210 $60,790
2019 $1,388 $83,460 $0 $0
2018 $1,344 $83,460 $0 $0
2017 $1,344 $75,950 $0 $0
2016 $1,398 $75,950 $0 $0
2015 $1,264 $75,320 $0 $0
2014 $1,264 $75,320 $0 $0
Source: Public Records

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Source: Iowa City Area Association of REALTORS®

MLS Number: 20122082

Iowa City Area Association of REALTORS®

APN: 0480-11-06-207-007-0