Seller's Agent in 2024
Jenny Ochoa
Palmas Real Estate LLC
(641) 208-2408
82 Total Sales
417 E 2nd St Ottumwa, IA 52501
Estimated Value: $158,000 - $226,000
8
Beds
4
Baths
4,408
Sq Ft
$46/Sq Ft
Est. Value
About This Home
As of February 2024Welcome to an incredible investment opportunity, nestled right in the heart of Ottumwa! Its prime location puts you close to everything you need; just minutes away from downtown attractions, popular restaurants, convenient laundry mats, JBS, OHS, and HWY 34. This impressive fourplex is generating a cash flow of $2,600 per month. Its occupancy rate is excellent! But that's not all - the potential for even greater returns starts right here, with you. Contact your favorite agent for additional info.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,172
Year Built
- Built in 1900
Lot Details
- 0.28
Home Design
- Quadruplex
- Metal Roof
- Vinyl Siding
Interior Spaces
- 4,408 Sq Ft Home
- Basement Fills Entire Space Under The House
Additional Features
- Lot Dimensions are 62 x 198
- Forced Air Heating System
Community Details
- 4 Units
- Gross Income $31,200
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Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | County Line Properties Llc | $195,820 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/16/2024 02/16/24 | Sold | $215,000 | -13.7% | $49 / Sq Ft |
| 01/05/2024 01/05/24 | Pending | -- | -- | -- |
| 07/24/2023 07/24/23 | For Sale | $249,000 | -- | $56 / Sq Ft |
Source: NoCoast MLS
Tax History Compared to Growth
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 | $1,904 | $92,520 | $12,280 | $80,240 |
| 2023 | $2,172 | $92,520 | $12,280 | $80,240 |
| 2022 | $1,578 | $90,940 | $12,280 | $78,660 |
| 2021 | $1,578 | $56,460 | $10,510 | $45,950 |
| 2020 | $1,618 | $48,650 | $10,510 | $38,140 |
| 2019 | $1,684 | $48,650 | $0 | $0 |
| 2018 | $1,756 | $48,650 | $0 | $0 |
| 2017 | $2,164 | $57,439 | $0 | $0 |
| 2016 | $2,226 | $57,439 | $0 | $0 |
| 2015 | $2,322 | $57,439 | $0 | $0 |
| 2014 | $2,482 | $57,439 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jenny Ochoa
-
Nolan Stewart
Buyer's Agent in 2024
Nolan Stewart
Bogle Realty LLC
(641) 242-0542
47 Total Sales
Map
Source: NoCoast MLS
MLS Number: NOC6309911
APN: 007411240218000
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.
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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