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12003 118th Ave

Ottumwa, IA 52501

3 bd 2 ba 892 sqft Built 1964 Lot 50,965 sqft single_family
Most recent sale
$155,000
Feb 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 27, 2022 Sold $190,000 NoCoastMLS
Sep 9, 2022 Listed $199,900 MLS #6302449
Feb 24, 2022 Sold $155,000 Public Record
Feb 18, 2022 Sold $155,000 MLS #6140187
Jan 11, 2022 Listed $155,000 MLS #6140187

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $143,900 $28,160 $172,060 $2,250
2024 $143,900 $28,160 $172,060 $2,042
2023 $135,180 $25,600 $160,780 $1,944
2022 $108,550 $25,600 $134,150 $1,640
2021 $88,790 $25,600 $114,390 $1,606
2020 $90,680 $25,600 $116,280 $1,638
2019 $90,680 $25,600 $116,280 $1,602
2018 $86,140 $25,600 $111,740 $1,568
2017 $86,140 $25,600 $111,740 $1,552
2016 $83,050 $25,600 $108,650 $1,600
2015 $88,870 $24,803 $113,673 $1,624
2014 $88,870 $24,803 $113,673 $1,590
2013 $88,870 $24,803 $113,673 $1,510
2012 $88,870 $24,803 $113,673 $1,490
2011 $88,870 $24,803 $113,673 $1,482
2008 $83,840 $23,399 $107,239 $1,282

Property facts

Year built
1964
Property type
single_family
Stories
Beds
3
Baths
2
Living area
892 sqft
Lot size
50,965 sqft
ZIP code
52501
City
Ottumwa
Street
118th Ave
Coordinates
41.05982, -92.38447

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,338
Gross rental yield
10.36%
Implied cap rate
6.73%
Trend-extrapolated value

Frequently asked questions

When did 12003 118th Ave last sell?
12003 118th Ave most recently sold on Feb 24, 2022 for $155,000.
What is the current tax assessment for 12003 118th Ave?
The most recent total assessment for 12003 118th Ave (year 2025) is $172,060 with $2,250 in property tax.
How does 12003 118th Ave's assessment compare to its last sale price?
The current assessment is 11.0% above the last sale price of $155,000.
When was 12003 118th Ave built?
12003 118th Ave was built in 1964.
How does 12003 118th Ave compare to others on 118th Ave?
We track 8 other properties on 118th Ave. Browse the list under "Other properties on 118th Ave" to compare beds, baths, and sale history.
What are the property facts for 12003 118th Ave?
12003 118th Ave is a 3 bed, 2 bath, 892 sqft, 50,965 sqft lot single_family.
Is 12003 118th Ave a flip candidate?
Yes — 12003 118th Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 12003 118th Ave a tax-appeal candidate?
No — 12003 118th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-2.1%
2026 Q2
$148.2K
2026 Q3
$147.4K
ZIP 52501 — Median Price History + Forecast

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