507 Locust St Tipton, IA 52772
Estimated Value: $155,000 - $214,000
4
Beds
2
Baths
1,806
Sq Ft
$101/Sq Ft
Est. Value
Highlights
- Deck
- Formal Dining Room
- Eat-In Kitchen
- Ranch Style House
- 2 Car Detached Garage
- Forced Air Cooling System
About This Home
As of July 2015Very nice 1 story home with a total restoration. All new windows, doors, heat & central air. Updated electrical, all walls textured and repainted. New oak kitchen with breakfast bar. New black appliances in kitchen. New roof and siding. Added 2 egress windows to basement for bedrooms. New ceramic tile shower and bath in basement. New tub and ceramic tile surround on main. All new flooring and carpet on main. Ceramic tile floor in basement. New cement patio, garage door and more. Beautiful home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,748
Year Built
- 1935
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50 x 147
Parking
- 2 Car Detached Garage
Home Design
- Ranch Style House
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- Wood Burning Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- Primary bedroom located on second floor
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Electric Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2015
Closed on
Jul 25, 2015
Sold by
Greene Brice A and Greene Shannon N
Bought by
Wehmeyer Kory K and Proctor Kaylee
Seller's Agent
Kenneth Crock
Aavantis Real Estate
Buyer's Agent
Kenneth Crock
Aavantis Real Estate
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,179
Avg. Annual Appreciation
3.80%
Original Mortgage
$137,755
Outstanding Balance
$109,774
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$85,825
Purchase Details
Listed on
Sep 16, 2014
Closed on
Dec 18, 2014
Sold by
Fannie Mae
Bought by
Greene Brice
Seller's Agent
Lisa Heckman
REAL ESTATE RESOURCE ASSOCIATES
Buyer's Agent
NON-MEMBER AGENT
RUHL & RUHL REALTORS,INC.
List Price
$41,900
Sold Price
$29,000
Premium/Discount to List
-$12,900
-30.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1197.86%
Purchase Details
Closed on
May 14, 2007
Sold by
Pedersen Zachary A and Pedersen Sarah
Bought by
Burmeister Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.22%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wehmeyer Kory K | $135,000 | None Available | |
| Greene Brice | -- | None Available | |
| Burmeister Mark | $92,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wehmeyer Kory K | $137,755 | |
| Previous Owner | Burmeister Mark | $92,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2015 07/29/15 | Sold | $135,000 | 0.0% | $75 / Sq Ft |
| 07/29/2015 07/29/15 | Pending | -- | -- | -- |
| 06/28/2015 06/28/15 | For Sale | $135,000 | +365.5% | $75 / Sq Ft |
| 12/22/2014 12/22/14 | Sold | $29,000 | -30.8% | $30 / Sq Ft |
| 12/04/2014 12/04/14 | Pending | -- | -- | -- |
| 09/16/2014 09/16/14 | For Sale | $41,900 | -- | $44 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $2,906 | $186,740 | $13,750 | $172,990 |
| 2023 | $2,906 | $179,210 | $13,750 | $165,460 |
| 2022 | $2,592 | $140,730 | $11,250 | $129,480 |
| 2021 | $2,406 | $140,730 | $11,250 | $129,480 |
| 2020 | $2,262 | $133,530 | $11,250 | $122,280 |
| 2019 | $2,224 | $128,610 | $11,250 | $122,280 |
| 2018 | $2,154 | $128,610 | $0 | $0 |
| 2017 | $2,154 | $119,030 | $0 | $0 |
| 2016 | $1,742 | $94,610 | $0 | $0 |
| 2015 | $1,778 | $93,720 | $0 | $0 |
| 2014 | $1,778 | $93,720 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kenneth Crock
Seller's Agent in 2015
Kenneth Crock
Aavantis Real Estate
(563) 889-0029
70 Total Sales
-
Lisa Heckman
Seller's Agent in 2014
Lisa Heckman
REAL ESTATE RESOURCE ASSOCIATES
(563) 299-7230
116 Total Sales
-
N
Buyer's Agent in 2014
NON-MEMBER AGENT
RUHL & RUHL REALTORS,INC.
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1505137
APN: 0480-10-01-231-008-0
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