NOT LISTED FOR SALE

1418 Cherokee Ln Ottawa, IL 61350

Estimated Value: $181,000 - $204,000

4 Beds
2 Baths
1,518 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $110,900 $73 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,215/month

241 Days on Market

Highlights

  • Wood Burning Stove
  • Corner Lot
  • 1 Car Attached Garage
  • Ranch Style House
  • Formal Dining Room
  • 5-minute walk to Varland Park

About This Home

As of August 2020

Spacious 4 bedroom, 2 bath home with main floor laundry! Attached garage with large storage room, concrete patio and oversized garden shed are all the features you are looking for.

Last Agent to Sell the Property

Janelle McCarter

Landmark Realty of Illinois LLC License #471004781 Listed on: 10/24/2019

Last Buyer's Agent

Phil Makarewicz

RE/MAX 1st Choice License #475138878

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,160

Year Built

  • Built in 1953 | Remodeled in 2019

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 70x110
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Carport
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,518 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Formal Dining Room
  • Laminate Flooring
  • Unfinished Attic
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Shed

Schools

  • Mckinley Elementary: K-4Th Grade
  • Shepherd Middle School
  • Ottawa Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,160

Year Built

Built in 1953 | Remodeled in 2019

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1953
  • Age: 61-70 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): Yes
  • Rehab Year: 2019
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Dishwasher
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning Stove, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1518
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 115900
  • Lot Features: Corner Lot
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Off Street
  • ParkingTotal: 4
  • Number of Cars: 5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Carport
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,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: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Mckinley Elementary: K-4th Grade
  • High School: Ottawa Township High School
  • Middle/Junior School: Shepherd Middle School
  • Middle/Junior School District: 141
  • Elementary School #2: Central Elementary: 5th and 6th Grade

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 70X110
  • 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: 4160.5
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2021
Sold by
Smith Luke
Bought by
Smith Luke and Smith Jiddahlti
Current Estimated Value
$192,010

Purchase Details

Listed on
Oct 24, 2019
Closed on
Jul 29, 2020
Sold by
Fannie Mae
Bought by
Smith Luke
Seller's Agent
Janelle McCarter
Landmark Realty of Illinois LLC
Buyer's Agent
Phil Makarewicz
RE/MAX 1st Choice
List Price
$129,900
Sold Price
$110,900
Premium/Discount to List
-$19,000
-14.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%

Purchase Details

Closed on
Jan 31, 2019
Sold by
Old Second National Bank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 4, 2014
Sold by
Nehring Gergory T and Nehring Lora L
Bought by
Maegher Karen
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Luke -- None Available
Smith Luke -- Attorney
Federal National Mortgage Association -- None Available
Maegher Karen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nehring Lora L $90,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $110,900 -4.3% $73 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
05/12/2020 05/12/20 Price Changed $115,900 -3.3% $76 / Sq Ft
04/09/2020 04/09/20 Price Changed $119,900 -4.0% $79 / Sq Ft
03/09/2020 03/09/20 Price Changed $124,900 -3.8% $82 / Sq Ft
03/05/2020 03/05/20 For Sale $129,900 +17.1% $86 / Sq Ft
03/03/2020 03/03/20 Off Market $110,900 -- --
02/06/2020 02/06/20 Price Changed $129,900 -3.4% $86 / Sq Ft
12/26/2019 12/26/19 Price Changed $134,500 -3.6% $89 / Sq Ft
11/25/2019 11/25/19 Price Changed $139,500 -3.5% $92 / Sq Ft
10/24/2019 10/24/19 For Sale $144,500 -- $95 / 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 $6,357 $61,501 $6,222 $55,279
2023 $5,974 $56,558 $5,722 $50,836
2022 $5,522 $51,637 $5,224 $46,413
2021 $5,210 $48,413 $4,898 $43,515
2020 $4,941 $46,160 $4,670 $41,490
2019 $4,955 $44,772 $4,530 $40,242
2018 $4,161 $43,629 $4,414 $39,215
2017 $4,040 $42,681 $4,318 $38,363
2016 $3,886 $41,158 $4,164 $36,994
2015 $3,679 $39,389 $3,985 $35,404
2012 -- $40,156 $4,062 $36,094
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10556976

Midwest Real Estate Data (MRED)

APN: 22-13-319011