NOT LISTED FOR SALE

107 Business Highway 163 Otley, IA 50214

Estimated Value: $69,000 - $239,000

5 Beds
1 Bath
1,248 Sq Ft
$115/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $22,000 $18 Per Sq Ft

Est. 562% increase in value since last sale

Current estimated payment $849/month

350 Days on Market

About This Home

As of May 2022

Great investment property located in Otley! 1.5 story home with 5 bedrooms. First floor features large living room, eat-in kitchen, full bath and 2 bedrooms. Upper level has 3 bedrooms. Unfinished basement. Large yard. Shed and 1 car detached garage with access from the alley.

Last Agent to Sell the Property

Deborah Borwig

Summit Realty Listed on: 05/07/2021

Last Buyer's Agent

Rich Bailey

Summit Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 7,392 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,248 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 1 Full Bathroom

Utilities

  • Heating System Uses Propane
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22418-000-00

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 22.04
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 17.63
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Sq Ft Bsmt: 500
  • Living Area Sq Ft: 1248
  • Total Sq Ft: 1248

Exterior Features

  • Exterior: Frame
  • Roof: Metal
  • Street Feature: Concrete

Garage/Parking

  • Garage: 1 Detached

Utilities

  • Sewer: Septic
  • Water: Rural
  • Heat: Propane

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Pella

Lot Info

  • Acres: 0.1700
  • Lot S F: 7392
  • Assessor Parcel Number: 22418-000-00
  • Zoning: RES

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 670.00
  • Net Taxes: 670.00
  • Tax Year: 2020

MLS Schools

  • School District: Pella

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
Binns Cris A
Bought by
Binns Dennis L
Current Estimated Value
$145,611

Purchase Details

Listed on
May 7, 2021
Closed on
May 18, 2022
Sold by
Rogue 22 Llc
Bought by
Binns Dennis L and Binns Cris A
Seller's Agent
Deborah Borwig
Summit Realty
Buyer's Agent
Rich Bailey
Summit Realty
List Price
$59,500
Sold Price
$22,000
Premium/Discount to List
-$37,500
-63.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.46%

Purchase Details

Listed on
May 7, 2021
Closed on
Apr 19, 2022
Sold by
11T Ia Llc
Bought by
Rogue 22 Llc
Seller's Agent
Deborah Borwig
Summit Realty
Buyer's Agent
Rich Bailey
Summit Realty
List Price
$59,500
Sold Price
$22,000
Premium/Discount to List
-$37,500
-63.03%

Purchase Details

Closed on
Apr 7, 2021
Sold by
Ebbo Eastern Management Llc
Bought by
11T Ia Llc

Purchase Details

Closed on
Feb 2, 2017
Sold by
Mitchell Geneva S and Mitchell Geneva S
Bought by
Mitchell Geneva S

Purchase Details

Closed on
Oct 20, 2012
Sold by
Grant John W
Bought by
Mitchell Geneva S and Mitchell Grant Geneva S

Purchase Details

Closed on
Sep 24, 2008
Sold by
Mitchell Thelma R
Bought by
Mitchell Geneva S
Source: Public Records

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 Buyer Sale Price Title Company
Binns Dennis L -- None Listed On Document
Binns Dennis L $22,000 None Listed On Document
Rogue 22 Llc -- None Listed On Document
Rogue 22 Llc -- None Listed On Document
11T Ia Llc $35,000 None Listed On Document
11T Ia Llc $35,000 None Available
Mitchell Geneva S -- None Available
Mitchell Geneva S -- None Available
Mitchell Geneva S -- Security First Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Geneva S $49,948
Previous Owner Mitchell Thelma R $11,200
Previous Owner Mitchell Thelma R $44,732
Previous Owner Mitchell Thelma R $5,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $22,000 -20.0% $18 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
03/31/2022 03/31/22 Price Changed $27,500 -15.4% $22 / Sq Ft
02/23/2022 02/23/22 Price Changed $32,500 -7.1% $26 / Sq Ft
12/20/2021 12/20/21 Price Changed $35,000 -12.5% $28 / Sq Ft
12/01/2021 12/01/21 Price Changed $40,000 -5.9% $32 / Sq Ft
10/27/2021 10/27/21 Price Changed $42,500 -5.3% $34 / Sq Ft
09/22/2021 09/22/21 Price Changed $44,900 -5.5% $36 / Sq Ft
08/19/2021 08/19/21 Price Changed $47,500 -4.0% $38 / Sq Ft
07/14/2021 07/14/21 Price Changed $49,500 -9.2% $40 / Sq Ft
06/10/2021 06/10/21 Price Changed $54,500 -8.4% $44 / Sq Ft
05/07/2021 05/07/21 For Sale $59,500 -- $48 / Sq Ft
Source: Des Moines 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 $906 $75,450 $1,480 $73,970
2023 $906 $75,450 $1,480 $73,970
2022 $9 $62,910 $1,480 $61,430
2021 $890 $59,350 $1,400 $57,950
2020 $670 $54,090 $1,400 $52,690
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Deborah Borwig

    Summit Realty

    (641) 842-7181

    86 Total Sales

    Section Image

  • R

    Buyer's Agent in 2022

    Rich Bailey

    Summit Realty

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 628262

Des Moines Area Association of REALTORS®

APN: 2241800000

Iowa Marion County Otley 50214

107 Business Highway 163, Otley, IA

This home is located at 107 Business Highway 163, Otley, IA 50214 since 07 May 2021 and is currently estimated at $142,941, approximately $114 per square foot. This property was built in 1910. 107 Business Highway 163 is a home located in Marion County with nearby schools including Pella High School.

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