NOT LISTED FOR SALE

615 4th St E Ottumwa, IA 52501

Estimated Value: $54,000 - $80,000

3 Beds
2 Baths
1,806 Sq Ft
$37/Sq Ft Est. Value

Last Sold January 24, 2017

Last sale price $35,000 $19 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $423/month

22 Days on Market

About This Home

As of January 2017

Duplex - close to downtown - separate electric and gas meters - owner pays only water/garbage and gas for water heater when fully rented. Currently rented @ 450/each apartment.

Last Agent to Sell the Property

Phyllis McClellan

McClellan Partners Listed on: 10/03/2016

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,578

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 1,806 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Lot Dimensions are 47 x 140
  • Forced Air Heating System

Community Details

  • 2 Units
  • Gross Income $10,800

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: Lot 15 of C F Blakes Sub of Blakes 1st Addition - city of Ottumwa IA
  • Municipality: Ottumwa
  • Stories: 2 Stories
  • Inspections: City Inspected
  • OFFICELIST_ADDRESS: 615 E Fourth Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2016-10-03
  • List Office I D: 629
  • M L Number Foreign: SEIA20163253
  • Sales Office I D: 668
  • Selling Agent: 1121
  • Share Listings With: Broker Reciprocity
  • Street Designation: Street
  • Building Style: Duplex Other
  • Unit 1 Annual Rent: 5400
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Month Rent: 450
  • Unit 1 Number of Units: 1
  • Unit 1 Sq Ft: 888
  • Unit 2 Annual Rent: 5400
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 2
  • Unit 2 Month Rent: 450
  • Unit 2 Number of Units: 1
  • Unit 2 Sq Ft: 918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Price Per S Q F T: 19.38
  • Above Grade Finished Sq Ft: 1806
  • 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

  • Exterior: Other
  • Road Frontage: Sidewalks, Other
  • Roof: Metal

Utilities

  • Heating: Forced Air

Condo/Co-op/Association

  • Common Features: Carpets, Security Deposit, W/D Hookups

Fee Information

  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Lot Info

  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 47 x 140
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Tenant Expenses: Electricity, Fuel
  • Total Units: 2
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2023
Sold by
T & B Rentals Llc
Bought by
Marquez Juvenal
Current Estimated Value
$66,268

Purchase Details

Closed on
Feb 11, 2022
Sold by
Sue Benge Kyla
Bought by
T & B Rentals Llc

Purchase Details

Listed on
Oct 3, 2016
Closed on
Jan 23, 2017
Sold by
Judy Marilyn
Bought by
T & B Rentals Llc
Seller's Agent
Phyllis McClellan
McClellan Partners
List Price
$38,300
Sold Price
$35,000
Premium/Discount to List
-$3,300
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$100,000
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 7, 2005
Sold by
Jerry L Wood Trust
Bought by
Judy Burry D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marquez Juvenal $50,000 None Listed On Document
T & B Rentals Llc $35,000 None Listed On Document
T & B Rentals Llc $35,000 None Available
Judy Burry D $22,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner T & B Rentals Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2017 01/24/17 Sold $35,000 -8.6% $19 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $38,300 -- $21 / 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
2025 $900 $45,290 $4,610 $40,680
2024 $900 $41,530 $4,610 $36,920
2023 $788 $41,530 $4,610 $36,920
2022 $882 $32,990 $4,610 $28,380
2021 $882 $34,760 $4,610 $30,150
2020 $782 $30,390 $4,610 $25,780
2019 $798 $30,390 $0 $0
2018 $774 $30,390 $0 $0
2017 $774 $35,550 $0 $0
2016 $1,014 $40,533 $0 $0
2015 $1,014 $40,533 $0 $0
2014 $1,002 $40,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Phyllis McClellan

    McClellan Partners

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Map

Source: NoCoast MLS

MLS Number: NOC5428365

NoCoast MLS

APN: 007410150002000

Iowa Wapello County Ottumwa 52501

615 4th St E, Ottumwa, IA

Not Listed for Sale

MultiFamily

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