$29,000
SOLD DEC 22, 2014

507 Locust St Tipton, IA 52772

2 Beds
1 Bath
956 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

31% Below List Price

79 Days on Market

About This Home

As of July 2015

To place offer, Realtors must go to www.homepath.com. First 20-days owner occupant offers only. Check homepath for number of days left. Property is a Fannie Mae homepath property. Lead-based paint provided with offer.

Last Agent to Sell the Property

Lisa Heckman

REAL ESTATE RESOURCE ASSOCIATES License #B42219000 Listed on: 09/16/2014

Last Buyer's Agent

NON-MEMBER AGENT

RUHL & RUHL REALTORS,INC.

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,906

Year Built

1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Miscellaneous: Foreclosure, Hard Surface Street
  • Stories Levels: 1 Story
  • Zoning: Residential
  • Year Built: 1935
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Basement Type: Full
  • First Floor Number Bedrooms: 3
  • First Floor Number Rooms: 5
  • First Floor Number Full Bathrooms: 2
  • Sq Ft Basement: 956.00
  • Sq Ft Finished Bsmt: 725.00
  • Sq Ft Level 1: 956.00
  • Total Above Grade Sq Ft: 956.00

Exterior Features

  • Exterior: Vinyl
  • House Color: Gray

Garage/Parking

  • Garage Type: Detached
  • Garage Stall: 2.00

Utilities

  • Utilities Providers City Sewer: YES
  • Utilities Providers City Water: YES
  • Utilities Providers Heat: Boiler
  • Utilities Providers Water Heater: Gas

Association/Amenities

  • Deck: 253 SF & 155 SF
  • Fireplace: PreFab

Schools

  • School District: Tipton
  • School District: Tipton

Lot Info

  • Prop Grp ID: 19990816212109142258000000
  • Lot Acres: 0.16
  • Lot Size: 7,100 SF

Tax Info

  • Gross Taxes: 1748.00

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
$181,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,875
Avg. Annual Appreciation
3.03%
Original Mortgage
$137,755
Outstanding Balance
$109,774
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$72,101

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
Source: Public Records

Range of Values:

Collateral Analytics

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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 Type Sale Price Title Company
Warranty Deed $135,000 None Available
Special Warranty Deed -- None Available
Warranty Deed $92,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,755 New Conventional
Previous Owner $92,000 New Conventional
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: Muscatine Multiple Listing Service

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 $2,906 $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

    35 in this area

    69 Total Sales

    Kenneth Crock
    Section Image
  • Lisa Heckman

    Seller's Agent in 2014

    Lisa Heckman

    REAL ESTATE RESOURCE ASSOCIATES

    (563) 299-7230

    117 Total Sales

    Lisa Heckman
    Section Image

  • N

    Buyer's Agent in 2014

    NON-MEMBER AGENT

    RUHL & RUHL REALTORS,INC.

See All Agents

Map

Source: Muscatine Multiple Listing Service

MLS Number: 14-738

Muscatine Multiple Listing Service

APN: 0480-10-01-231-008-0

Iowa Cedar County Tipton 52772

507 Locust St, Tipton, IA

This home is located at 507 Locust St, Tipton, IA 52772 and is currently priced at $29,000, approximately $30 per square foot. This property was built in 1935. 507 Locust St is a home located in Cedar County with nearby schools including Tipton Elementary School, Tipton Middle School, and Tipton 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.

Muscatine Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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