NOT LISTED FOR SALE

408 Meridian St Tipton, IA 52772

Estimated Value: $145,000 - $166,049

3 Beds
1.5 Baths
1,269 Sq Ft
$121/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $120,000 $95 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,024/month

148 Days on Market

Highlights

  • Den
  • 3 Car Detached Garage
  • Living Room
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of December 2020

This home has a NEW ROOF AND NEW GUTTERS! Check out this charming 3 bedroom home in the heart of Tipton. The main level features an updated kitchen with appliances included, a formal dining room and a family room plus a bonus area perfect for an office or play area. All 3 bedrooms are upstairs along with a nice sized bathroom. Looking for the perfect shop? Look no further! This 24x37 is perfect for all of your toys and tools, new roof on the garage in fall 2018! Call for your showing today!

Last Agent to Sell the Property

Steven Hankemeier

RE/MAX CONCEPTS Listed on: 07/07/2020

RE/MAX CONCEPTS

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,702

Year Built

  • 1923

Lot Details

  • Lot Dimensions are 50 x 143

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,269 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Den
  • Washer

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,702

Year Built

1923

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1269
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Tipton
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 1702
  • List User Cell Phone: 563-212-3008
  • Miscellaneous: Cable Ready
  • Net Tax: 1702
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.93023
  • Ratio Close Price By Original Li: 0.85714
  • Ratio Current Price By Sq Ft: 94.56
  • Total Sq Ft: 1269
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1923

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 4 Seasons, Den/Study, Living Room
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 2 Cars, 3 Cars, Detached, Off Street Parking, On Street Parking
  • Garage Size: 24X37

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 50 X 143

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Dec 21, 2020
Sold by
Priebe Kevin J
Bought by
Volkert Aaron T
Seller's Agent
Steven Hankemeier
RE/MAX CONCEPTS
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%
Current Estimated Value
$153,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,762
Avg. Annual Appreciation
4.27%
Original Mortgage
$121,212
Outstanding Balance
$108,411
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$37,716

Purchase Details

Closed on
Jan 23, 2020
Sold by
Priebe Tiffany L
Bought by
Priebe Kevin J

Purchase Details

Listed on
May 8, 2018
Closed on
Jun 22, 2018
Sold by
Anson Corrie
Bought by
Priebe Tiffany
Seller's Agent
Jeff Wallick
Keller Williams Legacy Group
Buyer's Agent
Jeff Wallick
Keller Williams Legacy Group
List Price
$69,900
Sold Price
$70,000
Premium/Discount to List
$100
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$56,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2011
Sold by
Secretary Of Hud
Bought by
Anson Rita and Anson Corrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 28, 2007
Sold by
Zoerb Andrew D and Zoerb Ginger L
Bought by
Gilleland Douglas J and Gilleland Jalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,200
Interest Rate
6.31%
Mortgage Type
FHA
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
Volkert Aaron T $120,000 Abendroth Russell Barnett Law
Priebe Kevin J -- None Available
Priebe Tiffany -- --
Anson Rita -- None Available
Gilleland Douglas J $101,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volkert Aaron T $121,212
Previous Owner Priebe Kevin J $80,132
Previous Owner Priebe Tiffany $56,000
Previous Owner Anson Rita $57,000
Previous Owner Anson Rita M $54,000
Previous Owner Gilleland Douglas J $101,200
Previous Owner Zoerb Andrew D $17,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $120,000 -7.0% $95 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
09/25/2020 09/25/20 Price Changed $129,000 -4.4% $102 / Sq Ft
07/27/2020 07/27/20 Price Changed $135,000 -3.6% $106 / Sq Ft
07/07/2020 07/07/20 For Sale $140,000 +100.0% $110 / Sq Ft
07/10/2018 07/10/18 Sold $70,000 +0.1% $32 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $69,900 -- $32 / 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 $2,250 $135,170 $13,750 $121,420
2023 $2,054 $129,730 $13,750 $115,980
2022 $2,004 $101,860 $11,250 $90,610
2021 $1,864 $101,860 $11,250 $90,610
2020 $1,556 $96,820 $11,250 $85,570
2019 $1,702 $91,960 $0 $0
2018 $1,652 $91,960 $0 $0
2017 $1,836 $97,770 $0 $0
2016 $1,800 $97,770 $0 $0
2015 $1,836 $96,830 $0 $0
2014 $1,806 $96,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2004937

Cedar Rapids Area Association of REALTORS®

APN: 0480-11-06-131-003-0