215 Summit Street Otley, IA $ 199,900
215 Summit Street
$ 199,900
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215 Summit Street

Otley, IA, 50214
$ 199,900
Baths0.0 Sq 4,973

Monthly Estimate*

$ 1,329

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Studio

Single Family Home for sale in Otley, IA

for $199,900. This 4,973 square foot home was built in 1920 on a lot size of 2.86.

Unleash your imagination…welcome to a piece of local history reborn with endless possibilities! Nestled on 2.86 acres just off Hwy 163, this property showcases the original Otley Schoolhouse, a gem brimming with potential. Currently zoned R2, it's a canvas awaiting your visionary strokes. The original 2 story schoolhouse w/ basement was built in 1920 with 2160 sqft followed by an addition in 1955 including an additional 2813 sqft. Imagine the transformation: from a single family or multi-family dwelling to a daycare center to community hub, from wedding venue to entrepreneurial oasis – the choice is yours! With nearly 5000 square feet of space, the potential is boundless. The property features several classrooms/bedrooms/living space, a ¾ bath, couple other bathroom areas w/ stalls. The lunch room tables that fold up against the wall are still in place in the basement which was a combined lunch room and gym. Seize the opportunity to make your mark in Otley's up and coming landscape just a stone’s throw from the beautiful community of Pella. Don't miss out on this chance to turn dreams into reality – schedule your tour today and unlock the limitless potential of 215 Summit St!

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Single Family Pending

Price

$ 199,900

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 606

Style

Lot Size

2.86

Year Built

1920

Town/City

Otley

County/Region

Marion

MLS | Web ID

691130

Features
General
Sewer SepticTank
Heating ForcedAir Gas Propane
Cooling WindowUnits
Roof Asphalt Shingle TarGravel
Appliances Refrigerator Stove
Exterior Features BasketballCourt
Zoning R2
Architectural Style Other
Construction Materials Brick WoodSiding
Year Built 1920
Property SubType Acreage
County Marion
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Pending
Directions From IA-163 E heading North turn left (East) onto Business Hwy 163 then turn right (South) onto Summit St and property will be on the right side of the street.
City Otley
View Y/N N
Senior Community Y/N N
High School District Pella
MLS Area Otley
Lot Size Square Feet 124581.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Summit
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 606.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 61
Standard Status Pending
Occupancy Type Vacant
Middle/Junior School District Pella
Elementary School District Pella
Property Sub Type Additional Acreage
Legal Description LONG LEGAL~SEE ASSESSOR SITE & ABSTRACT
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Interior
Basement Partial WalkOutAccess
Flooring Hardwood Vinyl
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
3/4 Baths 0
Street Suffix Street
Total Bedrooms 0
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features RectangularLot
Water Source Public
Lot Size Area 2.86
Foundation Details Block
Spa N
Building Area Total 4973.0
Lot Size Acres 2.86
Road Surface Type Asphalt
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 215
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* Excluded Features
List By
Michelle Greene

Listing Agent

Realty One Group Impact

Broker

michelle@michellegreenerealestate.com

Email

Affordability Calculator

$1,379
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,329
Monthly Property Taxes
$51
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1177509 Elementary School
1177515 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2024$199,900 Listed Price

Map


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215 Summit Street, Otley, IA, 50214 is a Single Family Home for sale at $199,900 with 4,973 sqft and a lot size of 2.86. 215 Summit Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 50214 which is in Otley, IA