NOT LISTED FOR SALE

554 Ray St Ottumwa, IA 52501

Estimated Value: $60,000 - $73,000

2 Beds
1 Bath
576 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $48,000 $83 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $423/month

114 Days on Market

Highlights

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

About This Home

As of May 2021

This home is located at 554 Ray St, Ottumwa, IA 52501 since 22 November 2020 and is currently estimated at $66,602, approximately $115 per square foot. This property was built in 1920. 554 Ray St is a home located in Wapello County with nearby schools including Douma Elementary School, Liberty Elementary School, and Evans Middle School.

Last Agent to Sell the Property

Debbie Thode

Bridge City Realty Listed on: 11/22/2020

Last Buyer's Agent

Lonnie Lunsford

Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $642

Year Built

  • Built in 1920

Lot Details

  • 6,186 Sq Ft Lot
  • Lot Dimensions are 50 x 124

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Shake Siding

Interior Spaces

  • 576 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

$642

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Legal Description: ARENSCHIELDS 1ST ADD LOT 2 (554 RAY)
  • Municipality: Ottumwa
  • Year Built: 1920
  • OFFICELIST_ADDRESS: 554 Ray Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2020-11-23
  • 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: (3rd) Bedroom
  • 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
  • Price Per S Q F T: 83.33
  • Above Grade Finished Sq Ft: 576
  • 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
  • Bedroom 2 Level: Main
  • Dining Room Level: Main
  • Family Room Level: Main
  • Living Room Level: Main

Exterior Features

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

Garage/Parking

  • Description: Detached Garage
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 1
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Association/Amenities

  • Complex/Development/Subdivision: Arenschields 1st Add

Condo/Co-op/Association

  • Association Fee YN: No

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

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

Lot Info

  • New Develop: No
  • Acres: 0.14
  • Assessment Pending: Unknown
  • Homestead Description: Other
  • Lot Dimensions: 50 x 124
  • Lot Size Sq Ft: 6186
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 642
  • Tax Year: 2020
  • Gross Taxes: 642

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2020
Closed on
May 7, 2021
Sold by
Deiters Julia A and Shepherd Julia A
Bought by
Septer Nichole M
Seller's Agent
Debbie Thode
Bridge City Realty
Buyer's Agent
Lonnie Lunsford
Team Real Estate
List Price
$48,500
Sold Price
$48,000
Premium/Discount to List
-$500
-1.03%
Current Estimated Value
$66,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,602
Avg. Annual Appreciation
6.14%
Original Mortgage
$2,400
Outstanding Balance
$2,207
Interest Rate
2.94%
Mortgage Type
New Conventional
Estimated Equity
$60,149
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
Septer Nichole M $48,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Septer Nichole M $2,400
Open Septer Nichole M $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $48,000 -1.0% $83 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/12/2021 03/12/21 Price Changed $48,500 0.0% $84 / Sq Ft
03/12/2021 03/12/21 For Sale $48,500 -15.7% $84 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
11/22/2020 11/22/20 For Sale $57,500 -- $100 / 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 $838 $48,880 $4,700 $44,180
2023 $732 $48,880 $4,700 $44,180
2022 $696 $39,490 $4,700 $34,790
2021 $909 $35,820 $4,700 $31,120
2020 $642 $33,740 $4,700 $29,040
2019 $662 $33,740 $0 $0
2018 $638 $33,740 $0 $0
2017 $656 $33,740 $0 $0
2016 $764 $39,296 $0 $0
2015 $766 $39,296 $0 $0
2014 $752 $39,296 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5688172

NoCoast MLS

APN: 007416030002000