$25,000
SOLD JAN 17, 2025

1040 W 2nd St Ottumwa, IA 52501

3 Beds
1 Bath
1,280 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$20 Per Sq Ft

38% Below List Price

19 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating System
  • Family Room
  • Living Room
  • Dining Room

About This Home

As of January 2025

This home is a real fix-it-upper but with good potential. Check out the metal roof and backyard area. The house is tagged by the city and the repair list is available. This property is selling as an estate and is selling as is.

Last Agent to Sell the Property

Lonnie Lunsford

Team Real Estate

Last Buyer's Agent

Heather Jorgensen

RE/MAX Pride-Ottumwa

RE/MAX Pride-Ottumwa

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1895

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40'x132'

Parking

  • 1 Car Attached Garage

Home Design

  • Slate

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: O'BRIEN & GUGGERTYS ADD LOT 1 EX NW 25' ; NW 9' LOT 2 (1040 W SECOND)
  • Year Built: 1895
  • OFFICELIST_ADDRESS: 1040 W 2nd Street
  • Distribute To Internet: Yes
  • List Office I D: 821
  • Sales Office I D: 607
  • Selling Agent: 3271
  • Street Designation: Street
  • Building Style: 2 Story
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area Units: Square Feet
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 1
  • Basement: Full
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Living Room: Living Room
  • Price Per S Q F T: 19.53
  • Above Grade Finished Sq Ft: 1280
  • Total Finished Sq Ft: 1280

Exterior Features

  • Exterior: Slate

Garage/Parking

  • Description: Attached Garage
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: None
  • Garage Stalls: 1
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Association/Amenities

  • Complex/Development/Subdivision: O BRIEN & GUGGERTYS ADDITION

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.13
  • Geo Update Timestamp: 2024-11-19
  • Total Assessed Value: 55310
  • Assessment Pending: Unknown
  • Homestead Description: Owner
  • Lot Dimensions: 40'X132'
  • Lot Size Sq Ft: 5663
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2023
  • Gross Taxes: 1139
  • Net Taxes: 1139

MLS Schools

  • School District: 5049 - Ottumwa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Jan 14, 2025
Sold by
Clark Patricia V
Bought by
Gcn Construction Llc
Seller's Agent
Lonnie Lunsford
Team Real Estate
Buyer's Agent
Heather Jorgensen
RE/MAX Pride-Ottumwa
List Price
$40,000
Sold Price
$25,000
Premium/Discount to List
-$15,000
-37.5%
Total Days on Market
19
Views
16
Current Estimated Value
$53,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,649
Avg. Annual Appreciation
1174.69%

Purchase Details

Closed on
Mar 15, 2012
Sold by
Espatricia V The Estate Of Betty B Gilliam and Ex Clark
Bought by
Clark Patricia and Obrien Rhonda

Map

Range of Values:

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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
Fiduciary Deed $25,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $25,000 -37.5% $20 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $40,000 -- $31 / Sq Ft
Source: NoCoast MLS

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 $924 $55,310 $4,030 $51,280
2023 $824 $55,310 $4,030 $51,280
2022 $826 $43,360 $4,030 $39,330
2021 $1,039 $40,940 $4,030 $36,910
2020 $692 $35,740 $4,030 $31,710
2019 $714 $35,740 $0 $0
2018 $688 $35,740 $0 $0
2017 $708 $35,740 $0 $0
2016 $620 $33,512 $0 $0
2015 $622 $33,512 $0 $0
2014 $622 $33,512 $0 $0
Source: Public Records

Source: NoCoast MLS

MLS Number: NOC6323069

NoCoast MLS

APN: 007413750002000

Iowa Wapello County Ottumwa 52501

1040 W 2nd St, Ottumwa, IA

Homes for Sale in Ottumwa, IA

This home is located at 1040 W 2nd St, Ottumwa, IA 52501 and is currently priced at $25,000, approximately $19 per square foot. This property was built in 1895. 1040 W 2nd St is a home located in Wapello County with nearby schools including James Elementary School, Evans Middle School, and Ottumwa 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.

NoCoast MLS 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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