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518 Elm St

Ottumwa, IA 52501

2 bd 1 ba 882 sqft Built 1900 Lot 6,578 sqft single_family
Most recent sale
$51,500
Apr 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 5, 2024 Sold $55,000 Public Record
Apr 11, 2022 Sold $51,500 MLS #6153851
Feb 18, 2022 Listed $55,000 MLS #6153851
Aug 13, 2014 Listing removed $25,000 OttumWA
Jul 1, 2014 Sold $25,000 MLS #5386965
Jun 15, 2014 Listed $25,000 MLS #30455

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $43,810 $3,360 $47,170 $936
2024 $43,810 $3,360 $47,170 $890
2023 $39,840 $3,360 $43,200 $812
2022 $30,620 $3,360 $33,980 $808
2021 $28,480 $3,360 $31,840 $708
2020 $24,500 $3,360 $27,860 $716
2019 $24,500 $3,360 $27,860 $732
2018 $24,500 $3,360 $27,860 $710
2017 $24,500 $3,360 $27,860 $790
2016 $27,000 $3,360 $30,360 $712
2015 $27,000 $1,515 $28,515 $498
2014 $18,406 $1,515 $19,921 $24
2013 $18,406 $1,515 $19,921 $468
2012 $18,406 $1,515 $19,921 $284
2011 $18,406 $1,515 $19,921 $300
2008 $17,364 $1,429 $18,793 $224

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
882 sqft
Lot size
6,578 sqft
ZIP code
52501
City
Ottumwa
Street
Elm St
Coordinates
41.00548, -92.39761

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$309
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 518 Elm St last sell?
518 Elm St most recently sold on Apr 11, 2022 for $51,500.
What is the current tax assessment for 518 Elm St?
The most recent total assessment for 518 Elm St (year 2025) is $47,170 with $936 in property tax.
How does 518 Elm St's assessment compare to its last sale price?
The current assessment is 8.4% below the last sale price of $51,500.
When was 518 Elm St built?
518 Elm St was built in 1900.
How does 518 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 518 Elm St?
518 Elm St is a 2 bed, 1 bath, 882 sqft, 6,578 sqft lot single_family.
Is 518 Elm St a flip candidate?
No — 518 Elm St does not appear in our flips dataset.
Is 518 Elm St a tax-appeal candidate?
No — 518 Elm St 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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