NOT LISTED FOR SALE

215 Summit St Otley, IA 50214

Estimated Value: $189,000 - $230,000

2.86 Acres
$72,574 Price per Acre
124,582 Sq Ft Lot

Last Sold June 06, 2024

Last sale price $199,900 $40 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,198/month

62 Days on Market

Highlights

  • Basketball Court
  • Wood Flooring
  • Forced Air Heating System
  • Pella High School Rated A-
  • No HOA
  • Wood Siding

About This Lot

As of June 2024

Unleash your imagination...welcome to a piece of local history reborn with endless possibilities! Nestled
on 2.86 acres just off Hwy 163, this property showcases the original Otley Schoolhouse, a gem brimming
with potential. Currently zoned R2, it's a canvas awaiting your visionary strokes. The original 2 story
schoolhouse w/ basement was built in 1920 with 2160 sqft followed by an addition in 1955 including an
additional 2813 sqft. Imagine the transformation: from a single family or multi-family dwelling to a
daycare center to community hub, from wedding venue to entrepreneurial oasis – the choice is yours!
With nearly 5000 square feet of space, the potential is boundless. The property features several
classrooms/bedrooms/living space, a 3⁄4 bath, couple other bathroom areas w/ stalls. The lunch room
tables that fold up against the wall are still in place in the basement which was a combined lunch room
and gym. Seize the opportunity to make your mark in Otley's up and coming landscape just a stone’s
throw from the beautiful community of Pella. Don't miss out on this chance to turn dreams into reality –
schedule your tour today and unlock the limitless potential of 215 Summit St!

Last Agent to Sell the Property

Michelle Greene

Realty ONE Group Impact Listed on: 03/14/2024

Last Buyer's Agent

Kaylee Johnson

Realty ONE Group Impact

Realty ONE Group Impact

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $606

Year Built

  • Built in 1920

Lot Details

  • 2.86 Acre Lot
  • Property is zoned R2

Parking

  • Gravel Driveway

Home Design

  • 4,973 Sq Ft Home
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof
  • Tar and Gravel Roof
  • Wood Siding

Kitchen

  • Stove

Flooring

  • Wood
  • Vinyl

Basement

  • Walk-Out Basement
  • Partial Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 000002242400000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Basketball Court

Property Details

Property Type

Land

Est. Annual Taxes

$606

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: See Remarks
  • Lp Amt Sq Ft: 40.20
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 40.20
  • Termite: Follow Showing Instructions
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Interior Amenities: Hardwood Floors, Vinyl Floors
  • Basement Description: Partial, Walkout
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 4973
  • Total Sq Ft: 4973

Exterior Features

  • Exterior: Brick, Wood
  • Exterior Features: Basketball Court
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle, Tar & Gravel
  • Street Feature: Asphalt
  • Trim: Pine

Garage/Parking

  • Driveway: Gravel

Utilities

  • Sewer: Septic
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 2.8600
  • Lot S F: 124581
  • Lot Shape: Regular
  • Assessor Parcel Number: 000002242400000
  • Zoning: R2

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: 606.00
  • Net Taxes: 606.00

MLS Schools

  • School District: Pella

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

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2024 06/06/24 Sold $199,900 0.0% $40 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $199,900 -- $40 / 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
2025 $1,356 $108,600 $58,600 $50,000
2024 $1,356 $108,420 $24,920 $83,500
2023 $524 $43,710 $24,920 $18,790
2022 $600 $42,450 $22,660 $19,790
2021 $600 $40,050 $21,380 $18,670
2020 $566 $38,350 $21,380 $16,970
Source: Public Records

Agents Affiliated with this Home

  • Michelle Greene

    Seller's Agent in 2024

    Michelle Greene

    Realty ONE Group Impact

    (515) 971-6965

    271 Total Sales

    Michelle Greene
    Section Image

  • K

    Buyer's Agent in 2024

    Kaylee Johnson

    Realty ONE Group Impact

    (641) 660-6621

    23 Total Sales

    Kaylee Johnson
    Section Image
  • Dianna Elder

    Buyer Co-Listing Agent in 2024

    Dianna Elder

    Realty ONE Group Impact

    (641) 780-8804

    171 Total Sales

    Dianna Elder
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 691130

Des Moines Area Association of REALTORS®

APN: 2242400000

Iowa Marion County Otley 50214

215 Summit St, Otley, IA

Not Listed for Sale

Lots

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