$39,999
$10K PRICE DROP

1620 Mowrey Ave Ottumwa, IA 52501

Estimated payment $268/month

Total Views 5,558
2 Beds
1 Bath
1,058 Sq Ft
$38 Price per Sq Ft

About This Home

WHOA New Price! Calling all investors—this is the opportunity you've been waiting for! Check out the walkthrough video! (Video not available on some sites that start with zill and rhyme with willow). Situated on a generous corner lot with a large yard, 1620 Mowrey St is ready for someone with vision to bring it back to life. While the home does need significant repairs and updates, the potential here is undeniable. This is not your average cosmetic flip, but with the right improvements, it could be a fantastic equity-building project or long-term investment. Priced to reflect its current condition, this property offers room in the budget for the renovations needed to unlock its full value. Whether you're looking to rehab and resell, renovate and rent, or simply make it your own, this diamond in the rough is worth a look.

Listing Agent

Derek Gates

Ottumwa Realty License #*** Listed on: 07/01/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $568

Year Built

  • Built in 1902

Additional Features

  • Partial Basement
  • Lot Dimensions are 151x132
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$568

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1902
  • Property Type: Residential
  • Co List Office Mls Id: NOC19073
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Cooling: None
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: SEIA

Lot Info

  • Lot Dimensions: 151X132
  • Lot Size Units: Acres
  • Lot Size Sq Ft: 20038

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 784

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $568 $38,080 $10,600 $27,480
2023 $548 $38,080 $10,600 $27,480
2022 $672 $31,840 $10,600 $21,240
2021 $885 $34,870 $10,600 $24,270
2020 $602 $32,230 $10,600 $21,630
2019 $622 $32,230 $0 $0
2018 $600 $32,230 $0 $0
2017 $698 $35,390 $0 $0
2016 $488 $28,249 $0 $0
2015 $490 $28,249 $0 $0
2014 -- $28,249 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $39,999 -20.0% $38 / Sq Ft
07/01/2025 07/01/25 For Sale $50,000 -- $47 / Sq Ft
Source: NoCoast MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $23,000 None Available
Source: Public Records

About the Listing Agent

Derek Gates

Ottumwa Realty

(641) 334-4585

Section Image

#1 Reason to call me if you are buying or selling, I'm great to work with and I return phone calls!

With 18 years of banking experience, I transitioned successfully to a prominent role in real estate. Formerly a branch manager at US Bank and C1st Credit Union, and most recently the Vice President of Residential Mortgage at First State Bank, I offer extensive financial expertise to clients.

My professional journey showcases a strategic mindset, keen opportunities' sense, and

Derek's Other Listings

  • 1110 Chester Ave, Ottumwa, IA 52501

    $241,000

    • 3 Beds
    • 2 Baths
    • 1,576 Sq Ft
    • 1110 Chester Ave
    • Ottumwa, IA

    Photos are great but check out the walkthrough video! This beautifully cared-for 3-bedroom, 2-bath home offers a perfect balance of comfort, charm, and functionality. A spacious wraparound porch welcomes you and sets the tone for relaxed living—ideal for enjoying quiet mornings or entertaining guests. Inside, the open-concept kitchen and dining area seamlessly connect to a warm and inviting

    Derek Gates Ottumwa Realty

    Section Image
  • 537 S Moore St, Ottumwa, IA 52501

    $52,000

    • 2 Beds
    • 1 Bath
    • 677 Sq Ft
    • 537 S Moore St
    • Ottumwa, IA

    Check out the walkthrough video! (Video not available on some sites that start with zill and rhyme with willow). Welcome to 537 S Moore St, a cozy 2-bedroom, 1-bath home brimming with potential and priced to move! With 677 square feet of smartly designed living space, this property is ideal for anyone seeking a low-maintenance home, a starter investment, or a renovation opportunity. Enjoy the

    Derek Gates Ottumwa Realty

    Section Image
  • 506 Bryan Rd, Ottumwa, IA 52501

    $289,000

    • 3 Beds
    • 3 Baths
    • 2,058 Sq Ft
    • 506 Bryan Rd
    • Ottumwa, IA

    Spacious ranch-style home on a generous corner lot in the highly desirable Eisenhower School District. Situated on just under one acre, this in-town property offers plenty of outdoor space for recreation, gardening, or future expansion. Inside, you'll find a beautifully updated kitchen with slide-out drawers for added convenience. A two-sided fireplace adds warmth and charm to both the formal

    Derek Gates Ottumwa Realty

    Section Image
  • 0 150th Unit 6314578, Ottumwa, IA 52501

    $274,500

    • Land
    • 15 Acres
    • $18,472 per Acre
    • 0 150th
    • Unit 6314578
    • Ottumwa, IA

    View a 3D aerial view under virtual tours. 14.86 tillable acres located between 150th and Highway 163 next to exit 42. Land carries CSR2 of 84.4. This location could also make for an excellent build site.

    Derek Gates Ottumwa Realty

    Section Image
  • 1101 Albia Rd, Ottumwa, IA 52501

    $65,000 Sold Jun 09, 2025

    • 2 Beds
    • 1 Bath
    • 684 Sq Ft
    • 1101 Albia Rd
    • Ottumwa, IA

    This charming 2-bedroom, 1-bath home offers comfort and convenience with main floor laundry and a full basement for additional storage. With almost 900 sq. ft. of living space, it’s a great option for first-time buyers, downsizers, or investors. The home features a spacious deck with a privacy fence, perfect for relaxing or entertaining, and a large storage shed in the backyard for extra space.

    Derek Gates Ottumwa Realty

  • 131 N Willard St, Ottumwa, IA 52501

    $63,000 Sold Oct 31, 2024

    • 1,552 Sq Ft
    • 131 N Willard St
    • Ottumwa, IA

    Step 1- Call your financial institution and get a pre-approval letter. Step 2- Call a Realtor. Step 3- Start making money month 1 on this investment property. Owner is also selling 102 S Davis Ottumwa IA 52501 Discover an incredible investment opportunity with this triplex, generating a steady monthly gross income of $1,465 per month. This property offers a great return on investment and is

    Derek Gates Ottumwa Realty

  • 1212 W Mary St, Ottumwa, IA 52501

    $73,000 Sold Jan 31, 2025

    • 3 Beds
    • 1.5 Baths
    • 880 Sq Ft
    • 1212 W Mary St
    • Ottumwa, IA

    Welcome home! Look at this delightful 3-bedroom, 1.25-bath home that offers both charm and convenience on a sprawling 1.37-acre lot within city limits! This property had a brand-new roof installed in 2021, also has central air for year-round comfort, and a smooth paved driveway that enhances its curb appeal. Step inside to discover a warm and inviting layout. For those in need of extra space the

    Derek Gates Ottumwa Realty

  • 505 S Milner St, Ottumwa, IA 52501

    $60,000 Sold Oct 07, 2024

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft
    • 505 S Milner St
    • Ottumwa, IA

    Discover this charming Southside home with unbeatable access to all of Ottumwa's fine amenities. Passed down through generations, this house is now ready for you to create your own legacy. The property is being sold as-is, with no repairs by the owner. Recent updates include a newer furnace and upgraded electrical system. Enjoy the comfort of central air, a spacious living room, and a sizable

    Derek Gates Ottumwa Realty

  • 102 S Davis St, Ottumwa, IA 52501

    $65,000 Sold May 15, 2025

    • 2,187 Sq Ft
    • 102 S Davis St
    • Ottumwa, IA

    Step 1- Call your financial institution and get a pre-approval letter. Step 2- Call a Realtor. Step 3- Start making money month 1 on this investment property. Owner is also selling 131 N Willard Ottumwa IA 52501 Discover an incredible investment opportunity with this triplex, generating a steady monthly gross income of $875 per month on the upstair units. Downstairs unit is not currently

    Derek Gates Ottumwa Realty

Source: NoCoast MLS

MLS Number: NOC6329323

NoCoast MLS

APN: 007416740061000