$60,000
SOLD SEP 24, 2014

511 East St Tipton, IA 52772

4 Beds
1 Bath
1,117 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

8% Below List Price

72 Days on Market

Highlights

  • Airstrip
  • Deck
  • Tennis Courts
  • Golf Course Community
  • Community Pool
  • Country Kitchen

About This Home

As of January 2020

Nice solid ranch near Aquatic Center and City Park/Football Field. 2 decks & a large side yard. Large living room/dining room w/ picture window. Family room in lower level now being used as non-conforming 4th bedroom. Appliances included.

Last Agent to Sell the Property

Teresa Horton

Cornerstone Real Estate Consultants Listed on: 07/09/2014

Last Buyer's Agent

Kenneth Crock

Cornerstone Real Estate Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,512

Year Built

  • Built in 1953

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 54x150
  • Sloped Lot

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Rear Stairs
  • Combination Dining and Living Room

Kitchen

  • Country Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Airstrip
  • Deck

Schools

  • Tipton Elementary And Middle School
  • Tipton High School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 020 0480 11 06 204 005 0

Community Details

Overview

  • Prescott's Addition Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,512

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1117
  • Owner Name L F Mi: Melz
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Basement Garage has been converted to Family/Storage room – Could easily be restored to garage opener still in area. 24 hour notice to show. Tenants rights.
  • Year Built: 1953
  • Tax Year Report: 2014
  • Subdivision: Prescott's addition
  • Directions: To Tipton – East on Hiway 130 (7th st.) - South on East st (by Bowling alley) 1+ block
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Airstrip, Golf Course, Park, Pool, Tennis Courts
  • Basement Remarks: Poured Concrete, Full
  • Fireplace Type Location: None
  • Interior R: Cable Available, Rear Stairs
  • Kitchen Breakfast R: Country Kitchen
  • Lot Description R: Less than .5 Acre, Sloping
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Nice solid ranch near Aquatic Center and City Park/Football Field. 2 decks & a large side yard. Large living room/dining room w/ picture window. Family room in lower level now being used as non-conforming 4th bedroom. Appliances included.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 1
  • Number Bedrooms Main: 3
  • Sq Ft Above: 864
  • Total Full Baths: 1
  • Bedrooms: 4
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 253
  • Laundry Location: Basement, Other
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck

Utilities

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

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Acreage: 0.18
  • Geo Subdivision: IA
  • Lot Dimensions: 54X150
  • Zoning: Res

Tax Info

  • Gross Tax County City: 1526
  • Assessor Parcel Number: 020 0480 11 06 204 005 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Jan 30, 2020
Sold by
Gregorcyk Jessicia E and Ford Jesse J
Bought by
Wallace Chris J
Seller's Agent
Kenneth Crock
Cornerstone Real Estate Consultants
Buyer's Agent
Kenneth Crock
Cornerstone Real Estate Consultants
List Price
$83,000
Sold Price
$72,000
Premium/Discount to List
-$11,000
-13.25%
Current Estimated Value
$131,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,706
Avg. Annual Appreciation
11.33%
Original Mortgage
$7,200
Outstanding Balance
$6,443
Interest Rate
3.72%
Mortgage Type
Unknown
Estimated Equity
$122,212

Purchase Details

Listed on
Jul 9, 2014
Closed on
Sep 20, 2014
Sold by
Melz Bruce
Bought by
Gregorcyk Jessica E and Vandergaast Randal
Seller's Agent
Teresa Horton
Cornerstone Real Estate Consultants
Buyer's Agent
Kenneth Crock
Cornerstone Real Estate Consultants
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%
Original Mortgage
$12,000
Interest Rate
4.09%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 18, 2006
Sold by
Schmaljohn Steven R and Schmaljohn Debra S
Bought by
Melz Bruce
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 Type Sale Price Title Company
Warranty Deed $72,000 None Available
Warranty Deed $60,000 None Available
Warranty Deed $78,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,200 Unknown
Open $64,800 Adjustable Rate Mortgage/ARM
Previous Owner $12,000 Stand Alone Second
Previous Owner $48,000 Closed End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $72,000 -13.3% $53 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
10/28/2019 10/28/19 For Sale $83,000 +38.3% $61 / Sq Ft
09/24/2014 09/24/14 Sold $60,000 -7.7% $54 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $65,000 -- $58 / 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 $1,512 $89,050 $15,280 $73,770
2023 $1,512 $87,780 $15,280 $72,500
2022 $1,384 $70,340 $12,510 $57,830
2021 $1,292 $70,340 $12,510 $57,830
2020 $1,218 $67,130 $12,510 $54,620
2019 $1,318 $71,230 $12,510 $54,620
2018 $1,280 $71,230 $0 $0
2017 $1,204 $64,140 $0 $0
2016 $1,182 $64,140 $0 $0
2015 $1,394 $73,480 $0 $0
2014 $1,620 $86,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Crock

    Seller's Agent in 2020

    Kenneth Crock

    Cornerstone Real Estate Consultants

    (563) 889-0029

    70 Total Sales

    Section Image
  • Teresa Horton

    Seller's Agent in 2014

    Teresa Horton

    Cornerstone Real Estate Consultants

    (563) 529-2000

    43 Total Sales

    Teresa Horton
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20143824

Iowa City Area Association of REALTORS®

APN: 0480-11-06-204-005-0

Iowa Cedar County Tipton 52772

511 East St, Tipton, IA

This home is located at 511 East St, Tipton, IA 52772 and is currently priced at $60,000, approximately $53 per square foot. This property was built in 1953. 511 East 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.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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