NOT LISTED FOR SALE

502 Ray St Ottumwa, IA 52501

Estimated Value: $113,000 - $135,431

2 Beds
1 Bath
1,176 Sq Ft
$105/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $100,500 $85 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $853/month

2 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of December 2021

Don't miss it...first time on the market in over 70 years, this 2 bedroom, 2 1/2 car delightful home, is in pristine condition and awaiting the next owner to continue caring for it. Large living/dining room, large bedrooms, cedar-lined closets, large living space in the basement, partial kitchen in the basement and a 2 1/2 car garage, are just a few positive features of this great property. The oversized garage can be accessed from the driveway or the alley side. With the walls being insulated, the garage could be easily heated, as the gas line is on the northeast corner of the house. Some of the updates of the property are a metal fence in 2005, new roof in 2013 and new Amana HVAC in 2015. Call your agent today. Act now before it's too late!

Last Agent to Sell the Property

Rhonda McKay

Bridge City Realty Listed on: 10/11/2021

Last Buyer's Agent

Lonnie Lunsford

Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 1920

Lot Details

  • 6,839 Sq Ft Lot
  • Lot Dimensions are 55x124

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,176 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,416

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: ARENSCHIELDS 2ND ADD LOT 1 (502 RAY)
  • Municipality: Ottumwa
  • Year Built: 1920
  • OFFICELIST_ADDRESS: 502 Ray Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2021-10-11
  • List Office I D: 679
  • Sales Office I D: 821
  • Selling Agent: 3514
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: Ranch
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Common Walls: No
  • Bedrooms: 2
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 1
  • Basement: Full
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Main Floor Sq Ft: 1176
  • Price Per S Q F T: 85.46
  • Above Grade Finished Sq Ft: 1176
  • Below Grade Total Sq Ft: 1176
  • Fireplace: No
  • Room Types: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Kitchen, Living Room
  • Bedroom 2 Level: Main
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Living Room Level: Main

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Vinyl

Garage/Parking

  • Description: Detached Garage
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Association/Amenities

  • Complex/Development/Subdivision: Arenschields 2nd Add

Condo/Co-op/Association

  • Association Fee YN: No

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Ottumwa
  • School District Number: 5049
  • School District Phone: 641-684-6597

Lot Info

  • New Develop: No
  • Acres: 0.16
  • Assessment Pending: Unknown
  • Homestead Description: Other
  • Lot Dimensions: 55X124
  • Lot Size Sq Ft: 6839
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 1416
  • Tax Year: 2021
  • Gross Taxes: 1416

MLS Schools

  • School District: 5049 - Ottumwa
  • School District Name: Ottumwa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Nov 22, 2021
Sold by
Juanita M Troutfetter Trust
Bought by
Clark Diana
Seller's Agent
Rhonda McKay
Bridge City Realty
Buyer's Agent
Lonnie Lunsford
Team Real Estate
List Price
$99,900
Sold Price
$100,500
Premium/Discount to List
$600
0.6%
Current Estimated Value
$123,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,358
Avg. Annual Appreciation
5.59%
Original Mortgage
$40,000
Outstanding Balance
$37,156
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$85,896

Purchase Details

Closed on
Oct 15, 2013
Sold by
Troutfetter Juanita M
Bought by
Troutfetter Juanita M and Juanita M Troutfetter Trust
Source: Public Records

Range of Values:

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Average Value
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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
Clark Diana $100,500 None Listed On Document
Troutfetter Juanita M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Diana $40,000
Closed Clark Diana $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2021 12/08/21 Sold $100,500 +0.6% $85 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $99,900 -- $85 / Sq Ft
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
2024 $2,130 $108,480 $5,170 $103,310
2023 $1,846 $108,480 $5,170 $103,310
2022 $1,554 $86,140 $5,170 $80,970
2021 $1,847 $72,770 $5,170 $67,600
2020 $1,426 $67,610 $5,170 $62,440
2019 $1,466 $67,610 $0 $0
2018 $1,416 $67,610 $0 $0
2017 $1,452 $67,610 $0 $0
2016 $1,400 $68,072 $0 $0
2015 $1,402 $68,072 $0 $0
2014 $1,380 $68,072 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6112456

NoCoast MLS

APN: 007416040001000