$320,000
SOLD JUN 28, 2024

506 Horizon Dr Tipton, IA 52772

3 Beds
4 Baths
2,376 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$135 Per Sq Ft

3% Below List Price

10 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Recreation Room
  • Formal Dining Room
  • Breakfast Bar

About This Home

As of June 2024

Nestled in a sought-after neighborhood boasting scenic views of the Iowa countryside and no rear neighbors, this home offers serene living at its finest. The main floor presents a luxurious primary suite, complete with a full bathroom and expansive walk-in closet. A seamless flow guides you from the grand entrance, adorned with lofty ceilings to the spacious family room, dining area, and kitchen. Recently updated, the kitchen showcases brand-new countertops, sink, hardware, and appliances included. Step outside to relish the tranquility of the backyard oasis, featuring a sizable deck and covered porch, accessible from both the primary bedroom and dining area. Upstairs, two additional bedrooms and a generously-sized full bath await. Downstairs, the finished lower level boasts a sprawling open rec room, ideal for an office or potential non-conforming bedroom, along with a convenient half bath and ample storage space.

Last Agent to Sell the Property

Steven Hankemeier

RE/MAX CONCEPTS Listed on: 05/10/2024

RE/MAX CONCEPTS

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,148

Year Built

  • 1993

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Family Room
  • Formal Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Deck
  • 9,583 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,148

Year Built

1993

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.2200
  • Above Grade Finished Sq Ft: 1601
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.20
  • Total Bedrooms: 3
  • City Name: Tipton
  • Dining Features: Breakfast Bar, Formal Dining
  • Gross Tax: 4148
  • List User Cell Phone: 563-212-3008
  • Low Lvl Fin Sq Ft: 775
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 4148
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96970
  • Ratio Close Price By Original Li: 0.96970
  • Ratio Current Price By Sq Ft: 199.88
  • Total Sq Ft: 2376
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Family Room, Non Egress-Ll Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 9,583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jun 11, 2024
Sold by
Stueland Scott A and Alexis Jane
Bought by
Dentlinger Hannah
Seller's Agent
Steven Hankemeier
RE/MAX CONCEPTS
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$330,000
Sold Price
$320,000
Premium/Discount to List
-$10,000
-3.03%
Views
11
Current Estimated Value
$298,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,782
Avg. Annual Appreciation
-6.07%
Original Mortgage
$272,000
Outstanding Balance
$269,720
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$31,232

Purchase Details

Closed on
Sep 29, 2020
Sold by
Lieser Kirk and Elaine Lieser Revocable Trust
Bought by
Stueland Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2014
Sold by
Estate Of Robert K Smith
Bought by
Elaine Lieser Revocable Trust

Purchase Details

Closed on
Sep 18, 2007
Sold by
Dehaan Kenyon M and Dehaan Kristine M
Bought by
Mccall Matthew and Mccall Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.55%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320,000 None Listed On Document
Warranty Deed $215,000 None Available
Legal Action Court Order $200,000 None Available
Warranty Deed $192,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $272,000 New Conventional
Previous Owner $90,800 New Conventional
Previous Owner $204,250 New Conventional
Previous Owner $92,537 Purchase Money Mortgage
Previous Owner $23,500 Credit Line Revolving
Previous Owner $188,000 New Conventional
Previous Owner $192,000 New Conventional
Previous Owner $15,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $320,000 -3.0% $135 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $330,000 -- $139 / 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 $4,358 $272,010 $28,500 $243,510
2023 $4,358 $263,500 $28,500 $235,000
2022 $4,008 $212,740 $24,700 $188,040
2021 $3,730 $212,740 $24,700 $188,040
2020 $3,508 $202,290 $24,700 $177,590
2019 $3,686 $207,680 $0 $0
2018 $3,576 $207,680 $0 $0
2017 $3,576 $194,420 $0 $0
2016 $3,420 $194,420 $0 $0
2015 $3,424 $192,620 $0 $0
2014 $3,424 $192,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2403225

Cedar Rapids Area Association of REALTORS®

APN: 0480-07-31-401-004-0