$215,000
SOLD DEC 20, 2024

812 Lake Rd Ottumwa, IA 52501

3 Beds
1 Bath
1,120 Sq Ft
11.12 Acres

Recently Sold

$192 Per Sq Ft

3% Below List Price

18 Days on Market

Highlights

  • 11.12 Acre Lot
  • Pond
  • 1 Fireplace
  • Deck
  • Ranch Style House
  • No HOA

About This Home

As of December 2024

What a fantastic opportunity to own this nice sized acreage on pavement on the edge of town. The home has good sized bedrooms and a metal roof. The rear deck overlooks the expansive backyard and pond. There is a detached garage. The property has a newer large metail building with concrete floors and a small barn with fenced pasture. Property is being sold As-Is. Inspections are for buyers knowledge only. Buyer will be responsible for all abstracting costs. Seller is The Secretary of Veterans Affairs. This property was built prior to 1978 and lead based paint potentially exists. This property may qualify for seller financing (Vendee). Both parcels 007417560006000 and 007417570081000 are incluced in the sale. This is a must see!

Last Agent to Sell the Property

Brent Kelso

Silverado Realty Listed on: 09/30/2024

Last Buyer's Agent

Brent Kelso

Silverado Realty Listed on: 09/30/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,710

Year Built

  • Built in 1920

Lot Details

  • 11.12 Acre Lot
  • Irregular Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 1,120 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement
  • Partial Basement
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Pond
  • Deck
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007417560006000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,710

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 197.32
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 191.96
  • Year Built: 1920
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Carpeting, Laminate Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Partial, Unfinished
  • Sq Ft Bsmt: 640
  • Dining Room: Eat In Kitchen
  • Living Area Sq Ft: 1120
  • Total Sq Ft: 1120

Exterior Features

  • Exterior Features: Deck, Fire Pit, Pond
  • Foundation: Block
  • Roof: Metal
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Gravel
  • Garage: 1 Detached

Utilities

  • Sewer: Septic
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ottumwa

Lot Info

  • Acres: 11.1200
  • Lot Shape: Irregular
  • Lot Size: 11.12
  • Assessor Parcel Number: 007417560006000
  • Zoning: Res

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2710.00
  • Net Taxes: 2710.00

MLS Schools

  • School District: Ottumwa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2024
Closed on
Nov 13, 2024
Sold by
Secretary Of Veterans Affairs
Bought by
Mckelvey Charles and Callas Jodie
Seller's Agent
Brent Kelso
Silverado Realty
Buyer's Agent
Brent Kelso
Silverado Realty
List Price
$221,000
Sold Price
$215,000
Premium/Discount to List
-$6,000
-2.71%
Views
26
Current Estimated Value
$210,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,453
Avg. Annual Appreciation
30.89%
Original Mortgage
$204,250
Outstanding Balance
$203,271
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$51,469

Purchase Details

Closed on
Apr 22, 2024
Sold by
Artzer Eric and Artzer Aubrey
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
Jul 5, 2023
Sold by
Ware Donnitta K
Bought by
Artzer Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
3.55%
Mortgage Type
VA

Purchase Details

Listed on
Sep 8, 2021
Closed on
Feb 8, 2022
Sold by
Ware Donnitta K
Bought by
Artzer Eric
Seller's Agent
Ashley Reynolds
Bridge City Realty
Buyer's Agent
Lonnie Lunsford
Team Real Estate
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$205,000
Interest Rate
3.56%
Mortgage Type
VA

Purchase Details

Closed on
Jul 15, 2021
Sold by
Ware Gary D
Bought by
Ware Donnitta K
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $210,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,250 New Conventional
Closed $204,250 New Conventional
Previous Owner $205,000 VA
Previous Owner $205,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $215,000 -2.7% $192 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
09/30/2024 09/30/24 For Sale $221,000 +5.2% $197 / Sq Ft
02/08/2022 02/08/22 Sold $210,000 -2.3% $188 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
12/05/2021 12/05/21 For Sale $215,000 0.0% $192 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
11/13/2021 11/13/21 Price Changed $215,000 -4.4% $192 / Sq Ft
10/26/2021 10/26/21 For Sale $225,000 0.0% $201 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $225,000 -- $201 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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 $2,326 $132,050 $34,130 $97,920
2023 $2,086 $132,050 $34,130 $97,920
2022 $1,854 $99,550 $34,130 $65,420
2021 $2,067 $80,140 $34,130 $46,010
2020 $1,712 $75,380 $34,130 $41,250
2019 $1,756 $75,380 $0 $0
2018 $1,698 $75,380 $0 $0
2017 $1,698 $75,380 $0 $0
2016 $1,160 $55,157 $0 $0
2015 $1,162 $55,157 $0 $0
2014 $1,162 $55,157 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 704158

Des Moines Area Association of REALTORS®

APN: 007417560006000