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505 Kimberlite Street

505 Kimberlite Street, Tiffin, IA 52340
Property in Johnson
Sold Oct 28, 2020
$102,000
$60,000 by Cbi Bank & Trust
Mortgage Due Oct 27, 2040
Sold Sep 19, 2013
$71,000
Local assessors in Tiffin, IA have categorized 505 Kimberlite Street as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 32,686 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 505 Kimberlite Street has a total of 858 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 235 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 505 Kimberlite Street sold most recently in Oct 23, 2020 for a total of $102,000. If you work out the math, that's approximately a cost of $118.88 per sqft. Before that, the property was also sold for $71,000 in Jul 2, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,866 in taxes each year. 505 Kimberlite Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $116,000. If we break it down further, the land itself was valued at $25,000. Improvements to the property, however, were assessed at a total of $91,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 235
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 32,686
  • Total Building Area: 858
  • Gross Building Area: 858
  • Building Area: 858
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 858
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VALLEY VILLAGE III CONDOMINIUMS
  • Land Acres: 0.75
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: VALLEY VILLAGE III CONDOMINIUMS UNIT 505

Ownership

  • Current Owner : GEORGE JENSEN CONSTRUCTION LLC
  • Previous Owner : ROBERTS DAVID W
  • Previous Owner 2: CHOMYCIA ROBERTS SUSANN
  • Owner Before Previous Owner: PANTHER JEAN A
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Clear Creek-Amana Community School District
  • School Tax School District: CLEAR
  • Census Tract: 010303

Geography

  • Assessors Map Reference: PM 628492003
  • Parcel: 0628492003
  • Meridian: SEC 28 TWN 80N RNG 07W
  • Municipality: TIFFIN
  • Latitude: 41.7042
  • Longitude: -91.6584

    Address

  • Full Address: 505 Kimberlite St
  • Address - House Number: 505
  • Address - Street Name: Kimberlite
  • Address - Suffix Type: St
  • State: IA
  • City Name: Tiffin
  • Carrier Code: R249
  • 4-Digit Zip Code: 9329
  • Zip Code: 52340

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,866
  • Tax Rate Code Area: TFC

    Appraisal Valuation

  • Standard Deviation: 0.1335
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 84
  • Final Value: 131,092
  • High Value: 148,593
  • Low Value: 113,591

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,000
  • First Open Lien Mortgage Lender: CBI BANK & TRUST
  • First Open Lien Mortgage Recording Date: Oct 28, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $60,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 27, 2040

    Market Valuation

  • Market Total Value: $116,000
  • Market Land Value: $25,000
  • Market Improvement Value: $91,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,000
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $91,000

    Sales

  • Current Sale Contract Date: Oct 23, 2020
  • Current Sale Recording Date: Oct 28, 2020
  • Current Sale Transaction ID: 11796556027
  • Current Sale Price: $102,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 19, 2013
  • Previous Sale Contract Date: Jul 02, 2013
  • Previous Sale Amount: $71,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CBI BANK & TRUST
  • First Mortgage Transaction Date: Oct 28, 2020
  • First Mortgage Loan Amount: $60,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Oct 27, 2040

    Financing

  • First Mortgage Financing Type: Variable

About Tiffin



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Frequently Asked Questions

What neighborhood is 505 Kimberlite Street located in?
The 505 Kimberlite Street is a other located in the neighborhood of Johnson in Tiffin, Tiffin.
What is the average sales price for listings in 505 Kimberlite Street?
The average sales price for units in 505 Kimberlite Street is $0 currently.

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