NOT LISTED FOR SALE

1308 W Lafayette St Ottawa, IL 61350

Estimated Value: $91,000 - $165,000

4 Beds
1 Bath
1,870 Sq Ft
$70/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $93,000 $50 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $984/month

25 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • Screened Porch
  • Bathroom on Main Level
  • Senior Tax Exemptions

About This Home

As of May 2024

Introducing this charming 2-story home nestled in Ottawa's west side. Featuring four bedrooms and one bathroom, this residence exudes potential for those seeking a project to make their own. Enjoy lazy afternoons on the screened-in front porch, which leads into a foyer with a welcoming staircase with double doors that lead to a formal living room. The living room leads to a formal dining room, as well as a cozy family room, and spacious eat-in kitchen. Convenience is key with a main floor bathroom and laundry room, offering ease of access and functionality. A side/back porch mud room rounds out the main level. Four nice sized bedrooms are situated on the second level. While this home retains its timeless appeal, it is worth noting that being an older property, it will require some updating and repairs. Embrace the opportunity to transform this house into your dream home with endless possibilities awaiting your personal touch.

Last Agent to Sell the Property

George Shanley

Coldwell Banker Real Estate Group License #475092481 Listed on: 04/17/2024

Coldwell Banker Real Estate Group

Last Buyer's Agent

Jacqueline Goldman

Nest Equity Realty License #475176484

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $449

Year Built

  • Built in 1911

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x142

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,870 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Screened Porch
  • Range

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Alley Access
  • Driveway
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price

Schools

  • Ottawa Township High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$449

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1911
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: First Floor Laundry, First Floor Full Bath
  • LivingArea: 1870
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Square Footage Comments: Sqft is an estimate only and buyer to verify all information.
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Porch Screened
  • List Price: 92500
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • OpenParkingSpaces: 6
  • Parking Features: Off Alley, Off Street, Driveway, Alley Access
  • ParkingTotal: 6
  • 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
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Ottawa Township High School
  • Middle/Junior School District: 141

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50X142
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 449.06
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
May 30, 2024
Sold by
Godwin Craig and Pobanz Linda
Bought by
Boutin Eric
Seller's Agent
George Shanley
Coldwell Banker Real Estate Group
Buyer's Agent
Jacqueline Goldman
Nest Equity Realty
List Price
$99,500
Sold Price
$93,000
Premium/Discount to List
-$6,500
-6.53%
Views
149
Current Estimated Value
$130,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,179
Avg. Annual Appreciation
23.27%
Original Mortgage
$74,400
Outstanding Balance
$73,530
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$47,266
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Boutin Eric $93,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boutin Eric $74,400
Previous Owner Packham Ruth $400,000
Previous Owner Packham Ruth M $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $93,000 +0.5% $50 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/08/2024 05/08/24 Price Changed $92,500 -7.0% $49 / Sq Ft
05/03/2024 05/03/24 For Sale $99,500 0.0% $53 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $99,500 -- $53 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $3,310 $38,142 $6,553 $31,589
2023 $443 $34,138 $5,865 $28,273
2022 $449 $30,984 $7,387 $23,597
2021 $452 $29,041 $6,924 $22,117
2020 $450 $27,587 $6,577 $21,010
2019 $465 $27,306 $6,510 $20,796
2018 $465 $26,651 $6,354 $20,297
2017 $463 $25,834 $6,159 $19,675
2016 $465 $24,726 $5,895 $18,831
2015 $232 $23,586 $5,623 $17,963
2012 -- $25,785 $6,147 $19,638
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12031802

Midwest Real Estate Data (MRED)

APN: 21-10-212023