Owner
$74,965
1219 CASTLE ST, OTTUMWA, IA
Quick Facts
owner occupied
No
vacant
No
corporate owner
Yes
beds
2
baths
1
sq. ft.
1,034
property type
Single Family Residential
hoa
No
About
Residential
Fair Condition
Living Area
Detached Garage
1.5 Stories
Daylight / Walkout
Forced Air Unit
Frame
None
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1920
Building Size
1,034 sq ft
Lot Size
5,376 sq ft
Lot Size (Acres)
0.12 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
007413390002000
County
Wapello County, Iowa
Metro Area
Ottumwa, IA
Zoning
—
Neighborhood/Subdivision
HALES 1ST ADD
Lot Number
2
School District
Ottumwa Community School District
Legal Description
HALES 1ST ADDITION LOT 2 (1219 CASTLE)
Tax & Value Information
Market Value (Total)
$53,200
Building Value
$46,220
Land Value
$6,980
Annual Property Tax
$1,096
Tax Assessment Year
2024
Assessed Value
$53,200
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
3/29/2023
Recording Date
3/30/2023
Sales Document #
2023.944
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$2,901
Return on Investment
15.60%
After Repair Value
$82,462
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$67,469
Renovation Cost
$3,748
Closing Costs (buying)
$1,349
Holding Costs
$2,047
Selling Costs
$4,948
Total Investment
$18,591
After Repair Value (ARV)
$82,462
Total Costs
$79,561
Estimated Profit
$2,901
Cash Invested
$17,242
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area