NOT LISTED FOR SALE

524 S Ferry St Ottumwa, IA 52501

Estimated Value: $44,000 - $69,000

1 Bed
1 Bath
497 Sq Ft
$106/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $33,150 $67 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $380/month

2 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Heating System
  • No HOA
  • Bathroom on Main Level
  • Storage Shed

About This Home

As of July 2020

Investors!!! Look what we have here, whether you are looking to downsize into a 1 bedroom home with a care-free lifestyle or you are looking for a great rental income, this is the one!!! One bedroom, bath, kitchen & living room. A metal roof which is maintenance-free, along with maintenance-free siding. Must have 24 hr. notice to show. This home is not for sale on contract or rent. Please call your friendly agent to come take a look.

Last Agent to Sell the Property

Cynthia Grooms

Team Real Estate Listed on: 06/10/2020

Last Buyer's Agent

Lincoln Lynch

Lynch Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $476

Year Built

  • Built in 1930

Lot Details

  • 4,966 Sq Ft Lot
  • Lot Dimensions are 38 x 131

Home Design

  • Ranch Style House
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 497 Sq Ft Home
  • Living Room
  • Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Bathroom

Parking

  • Gravel Driveway
  • Uncovered Parking

Outdoor Features

  • Storage Shed

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$476

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: WILLIAMS PARK ADD LOT 78 EX N 14.25' (524 S FERRY)
  • Municipality: Ottumwa
  • Year Built: 1930
  • Home Warranty: No
  • Property Includes: Appliances & shed
  • OFFICELIST_ADDRESS: 524 S Ferry Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2020-06-10
  • List Office I D: 821
  • Sales Office I D: 805
  • Selling Agent: 2471
  • 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
  • Appliances: Range, Refrigerator
  • Flooring: Carpet, Linoleum
  • Bedrooms: 1
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: No
  • Bedroom 3: No
  • Bedroom 4: No
  • Bathroom Description: Main Floor 3/4 Bath
  • Total Bathrooms: 1
  • Basement: None
  • Dining Room: No
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Main Floor Sq Ft: 497
  • Price Per S Q F T: 66.7
  • Above Grade Finished Sq Ft: 497
  • Fireplace: No
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3
  • Interior Trim: Painted
  • Three Quarter Bathrooms: 1
  • Living Room Level: Main

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Vinyl
  • Fencing: None
  • Roof: Metal
  • Outbuildings: Storage Shed
  • Construction Type: Frame

Garage/Parking

  • Description: Uncovered/Open, Driveway - Gravel
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Window
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: Fuses

Association/Amenities

  • Complex/Development/Subdivision: Williams Park Add

Condo/Co-op/Association

  • Association Fee YN: No

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

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

Lot Info

  • New Develop: No
  • Acres: 0.11
  • Total Assessed Value: 18160
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Description: Tree Coverage - Light
  • Lot Dimensions: 38 x 131
  • Lot Size Sq Ft: 4966
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 476
  • Tax Year: 2019
  • Gross Taxes: 476

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2025
Sold by
Lynch Lincoln
Bought by
Horning Gregory and Horning Angela
Current Estimated Value
$60,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,616
Outstanding Balance
$43,168
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$8,762

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 22, 2020
Sold by
Dixon Lana L
Bought by
Mlp Properties Llc
Seller's Agent
Cynthia Grooms
Team Real Estate
Buyer's Agent
Lincoln Lynch
Lynch Realty Inc
List Price
$32,500
Sold Price
$33,150
Premium/Discount to List
$650
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$10,001
Interest Rate
3.1%
Mortgage Type
Commercial
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
Horning Gregory $42,000 None Listed On Document
Horning Gregory $42,000 None Listed On Document
Mlp Properties Llc $33,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horning Gregory $43,616
Closed Horning Gregory $43,616
Previous Owner Mlp Properties Llc $24,503
Previous Owner Mlp Properties Llc $10,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $33,150 +2.0% $67 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $32,500 -- $65 / 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 $522 $25,350 $5,470 $19,880
2023 $494 $25,350 $5,470 $19,880
2022 $514 $20,710 $5,470 $15,240
2021 $513 $20,230 $5,470 $14,760
2020 $466 $18,160 $5,470 $12,690
2019 $476 $18,160 $0 $0
2018 $462 $18,160 $0 $0
2017 $462 $18,160 $0 $0
2016 $360 $14,370 $0 $0
2015 $360 $14,370 $0 $0
2014 $356 $14,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cynthia Grooms

    Team Real Estate

    Section Image
  • Lincoln Lynch

    Buyer's Agent in 2020

    Lincoln Lynch

    Lynch Realty Inc

    (641) 208-3649

    192 Total Sales

    Section Image
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Map

Source: NoCoast MLS

MLS Number: NOC5580314

NoCoast MLS

APN: 007417310075000

Iowa Wapello County Ottumwa 52501

524 S Ferry St, Ottumwa, IA

This home is located at 524 S Ferry St, Ottumwa, IA 52501 since 10 June 2020 and is currently estimated at $52,649, approximately $105 per square foot. This property was built in 1930. 524 S Ferry St is a home located in Wapello County with nearby schools including Liberty Elementary School, Douma Elementary School, and Evans Middle School.

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.

NoCoast MLS 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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