NOT LISTED FOR SALE

16901 87th St Ottumwa, IA 52501

Estimated Value: $262,000 - $340,000

3 Beds
2.5 Baths
-- Sq Ft
34.19 Acres

Last Sold January 26, 2023

Last sale price $275,000

Est. 9% increase in value since last sale

Current estimated payment $1,814/month

32 Days on Market

Highlights

  • 34.19 Acre Lot
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • 1 Fireplace

About This Home

As of January 2023

These 34.19 +/- acres are located on a hard surface road just 2 miles West of Ottumwa, Iowa. The one-story, 1720 sq ft brick house was built in 1968. The house has an open kitchen concept, 3 bedrooms, and 2 1⁄2 baths, a stone fireplace, along with a dining and living room. The basement features a kitchen, full bath, stone fireplace, and an additional bonus workshop area. Newer hot water heater, and furnace in 2020, along with the Septic being replaced in 2019. The house has good bones and is ready to be updated. There are 11.24 acres in a CRP program paying $153.65 per CRP acre yearly, expiring 9-30-30. The remaining acres are in timber and hay ground. This would make a great homestead close to town with the ability to have a hobby farm. With CRP for bedding and room for a food plot, timber surrounding the north and east side would make for a great setup to hunt out your back door.

Last Agent to Sell the Property

Jim Davis

Iowa Land Company Listed on: 10/28/2022

Last Buyer's Agent

Kathy Brown

Davis County Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,162

Year Built

  • Built in 1968

Lot Details

  • 34.19 Acre Lot
  • Property is zoned Agriculture

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,162

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Accessible: None
  • Legal Description: NW NW SEC 28-72-14 EX PT SOLD 165'X264' (18.40 AC F.R.) (16901 87TH ST)
  • Municipality: Ottumwa
  • Year Built: 1968
  • House Or Land: Includes House
  • Stories: 1 Story
  • OFFICELIST_ADDRESS: 16901 87th Street
  • Distribute To Internet: Yes
  • List Office I D: 2627
  • Sales Office I D: 612
  • Selling Agent: 3240
  • Building Style: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Common Walls: No
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Basement: Finished (Livable), Partial Finished
  • Half Bathrooms: 1
  • Fireplace: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Foundation Size: 1720

Garage/Parking

  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Fireplace

Fee Information

  • Tax Class: FARM

Lot Info

  • Acres: 34.19
  • Geo Update Timestamp: 2022-10-28
  • Assessment Pending: No
  • Lot Size Sq Ft: 1489316.4
  • Lot Size Units: Acres
  • Zoning: Agriculture, Residential-Single Family

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 2162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
Beinhart Lindsey and Beinhart Annie
Bought by
Reynolds Susan M and Reynolds Adelbert E
Current Estimated Value
$300,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,612
Outstanding Balance
$231,486
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$68,663

Purchase Details

Listed on
Oct 28, 2022
Closed on
Jan 4, 2023
Sold by
Bear Creek Farm Llc
Bought by
Beinhart Lindsey and Beinhart Annie
Seller's Agent
Jim Davis
Iowa Land Company
Buyer's Agent
Kathy Brown
Davis County Realtors
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%
Original Mortgage
$220,000
Interest Rate
6.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reynolds Susan M $233,000 None Listed On Document
Beinhart Lindsey $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Susan M $235,612
Previous Owner Beinhart Lindsey $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2023 01/26/23 Sold $275,000 -6.8% --
11/29/2022 11/29/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $295,000 -- --
Source: NoCoast MLS

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
2025 $2,848 $241,740 $39,560 $202,180
2024 $2,848 $197,990 $16,700 $181,290
2023 $2,370 $197,990 $16,700 $181,290
2022 $2,208 $158,800 $13,110 $145,690
2021 $2,222 $139,220 $13,840 $125,380
2020 $2,208 $140,040 $14,610 $125,430
2019 $2,160 $141,930 $0 $0
2018 $2,126 $141,930 $0 $0
2017 $2,126 $134,350 $0 $0
2016 $2,000 $138,412 $0 $0
2015 $2,020 $138,412 $0 $0
2014 $1,978 $138,412 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6303774

NoCoast MLS

APN: 007071410175000