116 W 5th, Tipton, IA, 52772

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116 W 5th, Tipton$175,000

Buyer Closing Credits

$2,078^*

1.25% Loan Amount

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1 (855) 200-2001

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.

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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.

Tipton, IA

City

Med. Sold Price

$222.5K

Med. Price/SqFt

$123

Avg. Days On Market

90

# of Sold Homes

3

116 W 5th vs Tipton

34 DAYS ON ROCKET

-56 Days

$175,000

-$47.5K Less

$117/SqFt

-$6 Less

KEY TAKEAWAY

This property is $47.5K less than the Median Sold Price and $6/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

Provided 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: 12/18/2024, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Iowa›Cedar County›Tipton›52772›116 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.

In November 2024, from all listings sold in Tipton, IA there were more than 0 sold above asking price, over 1 sold below and more than 2 were sold right at the asked price. In November 2024 in Tipton, IA there were 10% more homes for sale than in October 2024. Listings spent 90 days on the market in November 2024, and had a median list price of $222,500 during the same period.

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