NOT LISTED FOR SALE

535 Ottumwa St Ottumwa, IA 52501

Estimated Value: $27,819 - $66,000

2 Beds
4 Baths
1,666 Sq Ft
$27/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $20,000 $12 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $297/month

11 Days on Market

About This Home

As of December 2020

Income producing4plex for sale. 3 1 bedroom units and 1 2 bedroom unit. Owner paus water and gas, renters pay electric. Heat source is electric baseboard. Gross income is 22500, net income is approximately 17,500. Property sells in as in condition, needs work.

Last Agent to Sell the Property

Anthony Gevock

RE/MAX Pride-Ottumwa Listed on: 10/02/2020

RE/MAX Pride-Ottumwa

Last Buyer's Agent

Anthony Gevock

RE/MAX Pride-Ottumwa Listed on: 10/02/2020

RE/MAX Pride-Ottumwa

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 50x132
  • 007414220009010

Home Design

  • Quadruplex
  • Wood Siding

Interior Spaces

  • 1,666 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Baseboard Heating

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $600
  • Insurance Expense $1,200
  • Maintenance Expense $200
  • Trash Expense $1,800
  • Gross Income $1,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: ZOLLARS CENTRAL ADD. LOT 126 (535 OTTUMWA ST)
  • Municipality: Ottumwa
  • Year Built: 1880
  • Stories: 1.5 Stories
  • OFFICELIST_ADDRESS: 535 Ottumwa Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2020-10-04
  • List Office I D: 607
  • Sales Office I D: 607
  • Selling Agent: 3543
  • Share Listings With: Broker Reciprocity, CoreLogic Listing License, Homes.com, Realtor.com, RPR Listing License
  • Street Designation: Street
  • Building Style: Quadruplex
  • Unit 1 Air Conditioning: Window
  • Unit 1 Annual Rent: 450
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Kitchen Level: Main
  • Unit 1 Number of Units: 2
  • Unit 1 Sq Ft: 500
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 1
  • Unit 2 Number of Units: 2
  • Unit 2 Sq Ft: 650
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Basement: Finished (Livable)
  • Price Per S Q F T: 12
  • Above Grade Finished Sq Ft: 1666
  • Room Types: Unit1 Bedroom 1, Unit1 Bedroom 2, Unit1 Bedroom 3, Unit1 Bedroom 4, Unit1 Dining Room, Unit1 Extra Room 1, Unit1 Extra Room 2, Unit1 Extra Room 3, Unit1 Extra Room 4, Unit1 Extra Room 5, Unit1 Extra Room 6, Unit1 Family Room, Unit1 Kitchen, Unit1 Living Room, Unit2 Bedroom 1, Unit2 Bedroom 2, Unit2 Bedroom 3, Unit2 Bedroom 4, Unit2 Dining Room, Unit2 Extra Room 1, Unit2 Extra Room 2, Unit2 Extra Room 3, Unit2 Extra Room 4, Unit2 Extra Room 5, Unit2 Extra Room 6, Unit2 Family Room, Unit2 Kitchen, Unit2 Living Room, Unit3 Bedroom 1, Unit3 Bedroom 2, Unit3 Bedroom 3, Unit3 Bedroom 4, Unit3 Dining Room, Unit3 Extra Room 1, Unit3 Extra Room 2, Unit3 Extra Room 3, Unit3 Extra Room 4, Unit3 Extra Room 5, Unit3 Extra Room 6, Unit3 Family Room, Unit3 Kitchen, Unit3 Living Room, Unit4 Bedroom 1, Unit4 Bedroom 2, Unit4 Bedroom 3, Unit4 Bedroom 4, Unit4 Dining Room, Unit4 Extra Room 1, Unit4 Extra Room 2, Unit4 Extra Room 3, Unit4 Extra Room 4, Unit4 Extra Room 5, Unit4 Extra Room 6, Unit4 Family Room, Unit4 Kitchen, Unit4 Living Room

Exterior Features

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

Garage/Parking

  • Fuel: Natural Gas, Electric

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Association/Amenities

  • Complex/Development/Subdivision: Zollars Central Add

Fee Information

  • Expense Fuel: 600
  • Annual Expense: 5000
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Unknown
  • School District Number: 999
  • School District Phone: 999-999-9999

Lot Info

  • Acres: 0.15
  • Additional Parcels Description: 007414220009010
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 50x132
  • Lot Size Sq Ft: 6621.12
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: Yes
  • Rental License Type: Other

Multi Family

  • Expense Insurance: 1200
  • Expense Maintenance: 200
  • Expenses: 5000
  • Expense Trash: 1800
  • Expense Water Sewer: 1500
  • Total Units: 4
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Tax With Assessments: 1058
  • Tax Year: 2020
  • Gross Taxes: 1058

MLS Schools

  • School District: 999 - Unknown
  • School District Name: Unknown

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mathis Jacob W $5,000
Closed Mathis Jacob $15,050
Closed Sholes John A $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $20,000 -11.1% $12 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $22,500 -- $14 / 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 $614 $28,300 $5,000 $23,300
2023 $666 $28,300 $5,000 $23,300
2022 $1,000 $27,840 $5,000 $22,840
2021 $1,001 $35,810 $7,500 $28,310
2020 $1,028 $30,890 $7,500 $23,390
2019 $1,068 $30,890 $0 $0
2018 $1,114 $30,890 $0 $0
2017 $1,164 $30,890 $0 $0
2016 $2,252 $58,129 $0 $0
2015 $2,350 $58,129 $0 $0
2014 $2,512 $58,129 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5668292

NoCoast MLS

APN: 007414220014000