new - 3 days on rocket

116 W 5th, Tipton, IA, 52772

$175,000

Home List Price

$2,078*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
1,496 SqFt
$117/SqFt
Condo

Location

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116 W 5th, Tipton$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street, On Street
Year Built1950
HeatingForced Air
CoolingCentral Air
MLS #2407901
Lot Size0.02 Acres
StatusActive

About 116 W 5th

Here is a incredible opportunity to own a beautiful 2nd floor apartment AND a bar. The entire building can be yours and includes the ground floor space which was most recently operating as a bar and the second floor living space. Both spaces have undergone massive renovations. The living space is an open concepts with the family room flowing to the kitchen which includes a large island, quartz countertops, stainless steel appliances. The full bath is located right off the bedroom and laundry. The main level could be reopened as a bar or bring your vision to life! Call for more information and details.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1950
  • Living Area: 1,496 SqFt

Listing Office:

  • Office Name: RE/MAX CONCEPTS
  • Office Phone: (319) 395-0101
  • Listing Agent: Steven Hankemeier

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: No
  • Interior: Eat-in Kitchen, Kitchen/Dining Combo, Bath in Primary Bedroom, Upper Level Primary

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: Off Street, On Street

Virtual/3D Tour

  • Virtual Tour: 116 W 5th
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $117/SqFt
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Housing Market Comparison

See how this home compares to others in Tipton, IA.

Med. Sold Price

$215.5K

Med. Price/SqFt

$120

Avg. Days On Market

33

# of Sold Homes

2

116 W 5th vs Tipton

3 DAYS ON ROCKET

-30 Days

$175,000

-$40.5K Less

$117/SqFt

-$3 Less

KEY TAKEAWAY

This property is $40.5K less than the Median Sold Price and $3/SqFt less than other homes in Tipton, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CDR
  • MLS Number: #2407901

Listing Office:

  • Office Name: RE/MAX CONCEPTS
  • Office Phone: (319) 395-0101
  • Listing Agent: Steven Hankemeier

IDXProvided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' 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 Believed To Be Accurate But Not Guaranteed.
Copyright 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-620837
7
/10
  • Tipton Elementary School

  • 601 Lemon

  • 0.47 miles

  • Public District Grades PK-4

school-card-donut-620838
5
/10
  • Bennett Elementary School

  • 300 Cedar St

  • 8.11 miles

  • Public District Grades KG-6

school-card-donut-620839
7
/10
  • North Cedar Mechanicsville Elementary Center

  • 609 125th St

  • 11.52 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,793. Residents of Tipton, IA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 W 5th

What is the listing price of this property?

The listing price of 116 W 5th property is $175,000.

What type of property is this?

The property 116 W 5th is a condo located in Tipton, Iowa, 52772.

Is this property for sale now?

Active Listing: 116 W 5th is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 116 W 5th has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 116 W 5th is 1,496 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 W 5th is 1950.

Rocket HomesIowaCedar CountyTipton52772116 W 5th

This home is located at 116 W 5th in Tipton, IA and zip code 52772. This 1,496 square foot home, which was built in 1950, sits on a 0.02 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $175,000.

Over 0 listings were sold over their listed price in October 2024 in Tipton, IA. In the same period over 0 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Tipton, IA between September 2024 and October 2024 increased by 5%. While the average time on the market in October 2024 was 33 days, the median list price was $215,500.

From Rocket Homes Real Estate and based on county public records data.

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