NOT LISTED FOR SALE

1016 Polk St Ottawa, IL 61350

Estimated Value: $141,081 - $153,000

3 Beds
1 Bath
1,300 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $109,000 $84 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,118/month

33 Days on Market

Highlights

  • Property is near park
  • Tennis Courts
  • Fenced Yard
  • Community Pool
  • Home Office
  • Living Room

About This Home

As of September 2022

A great buy for this affordable 3 bedroom, 1 bath home in Ottawa. Great location not far from town or Route 6. The living room features a bay window with updated hardwood flooring. The kitchen and dining room combine and features updated cabinets and flooring. There is a main level bedroom with wall to wall carpet and closet. On the main floor there is an additional bonus/family/office with a sliding glass door leading to the fenced back yard. There is also a closet. The second floor features two large bedrooms with new carpeting and plenty of closets and built-ins. There is a concrete driveway that would hold 4+ cars for off street parking. There is a full basement with updated water heater. The home had new electrical work done also in the past several months.

Last Agent to Sell the Property

Bonnie Lester

Coldwell Banker Today's, Realtors Listed on: 07/25/2022

Coldwell Banker Today's, Realtors

Last Buyer's Agent

Tammy Barry

Homesmart Realty Group IL License #475168055

Homesmart Realty Group IL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,075

Year Built

  • Built in 1946

Lot Details

  • 5,158 Sq Ft Lot
  • Lot Dimensions are 55x95
  • Fenced Yard
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Location

  • Property is near park

Schools

  • Ottawa Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,075

Year Built

Built in 1946

Lot Details

5,158 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1946
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Disposal
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors, First Floor Full Bath
  • LivingArea: 1300
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Foundation Details: Other
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 4
  • Driveway: Concrete
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Ottawa Township High School

Lot Info

  • Lot Size Acres: 0.1184
  • Lot Dimensions: 55X95
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1075.22
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Sep 27, 2022
Sold by
Loza William and Loza Sandra
Bought by
Garcia Jose Guadalupe Perales
Seller's Agent
Bonnie Lester
Coldwell Banker Today's, Realtors
Buyer's Agent
Tammy Barry
Homesmart Realty Group IL
List Price
$115,000
Sold Price
$109,000
Premium/Discount to List
-$6,000
-5.22%
Current Estimated Value
$147,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,770
Avg. Annual Appreciation
9.08%
Original Mortgage
$87,200
Outstanding Balance
$83,617
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$64,153

Purchase Details

Closed on
Nov 10, 2021
Sold by
Rossi Peter J and Robert J Rossi Estate
Bought by
Loza William and Loza Sandra

Purchase Details

Listed on
Aug 5, 2013
Closed on
Feb 11, 2014
Sold by
Jett Gregory A
Bought by
Rossi Robert J
Seller's Agent
George Shanley
Coldwell Banker Real Estate Group
Buyer's Agent
James Rice
Century 21 Grieves Real Estate
List Price
$100,000
Sold Price
$49,500
Premium/Discount to List
-$50,500
-50.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garcia Jose Guadalupe Perales $109,000 None Available
Loza William $30,000 None Available
Rossi Robert J $49,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Jose Guadalupe Perales $87,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2022 09/27/22 Sold $109,000 -5.2% $84 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $115,000 0.0% $88 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $115,000 +132.3% $88 / Sq Ft
02/17/2014 02/17/14 Sold $49,500 -10.0% $38 / Sq Ft View Prior Sale
01/23/2014 01/23/14 Pending -- -- --
11/04/2013 11/04/13 Price Changed $55,000 -45.0% $42 / Sq Ft
08/05/2013 08/05/13 For Sale $100,000 -- $77 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,938 $38,241 $4,761 $33,480
2023 $3,605 $34,226 $4,261 $29,965
2022 $1,139 $10,669 $4,901 $5,768
2021 $1,075 $10,000 $4,594 $5,406
2020 $3,603 $33,687 $4,364 $29,323
2019 $3,689 $33,344 $4,320 $29,024
2018 $3,597 $32,543 $4,216 $28,327
2017 $3,473 $31,546 $4,087 $27,459
2016 $3,337 $30,194 $3,912 $26,282
2015 $1,586 $28,803 $3,732 $25,071
2012 -- $31,489 $4,080 $27,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11473770

Midwest Real Estate Data (MRED)

APN: 21-10-211006

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