1508 Cherokee Ln Ottawa, IL 61350
3
Beds
2
Baths
1,565
Sq Ft
7,841
Sq Ft Lot
Highlights
- Ranch Style House
- Living Room
- Ceramic Tile Flooring
- 2 Car Attached Garage
- Laundry Room
- 3-minute walk to Varland Park
About This Home
As of May 2021Step into this 3 bed 2 full bath Southside Ranch Gem that is MOVE IN READY! This easy to navigate house is modern and offers an open concept feel. The master bedroom sits on the far south side of the house allowing privacy from the other two beds on the North end. Just in time for summer enjoy the pool or concrete patio in the privacy of your fenced in yard. If 2 car attached garage is not enough for your lawn care items & pool accessories, no worries, the 10'x12' with an attic shed in back will stay with the property for extra storage. The roof is approximately 8 years old.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,853
Year Built
- Built in 1956
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 110 x 72
Parking
- 2 Car Attached Garage
- Parking Included in Price
Home Design
- Ranch Style House
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 1,565 Sq Ft Home
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Schools
- Mckinley Elementary: K-4Th Grade
- Shepherd Middle School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2021
Closed on
Apr 30, 2021
Sold by
Jackman Chad Evan and Jackman Ashley Brooke
Bought by
Nimke Angela C
Seller's Agent
Jessica Lucas
RE/MAX 1st Choice
Buyer's Agent
George Shanley
Coldwell Banker Real Estate Group
List Price
$152,500
Sold Price
$158,000
Premium/Discount to List
$5,500
3.61%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,514
Avg. Annual Appreciation
11.78%
Original Mortgage
$126,400
Outstanding Balance
$115,765
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$138,967
Purchase Details
Listed on
Feb 14, 2019
Closed on
Apr 24, 2019
Sold by
Johnson Heather M and Wilson Robin D
Bought by
Jackman Chad Evan and Jackman Ashly Brooke
Seller's Agent
Robin Wilson
Homesmart Realty Group IL
Buyer's Agent
Jessica Lucas
RE/MAX 1st Choice
List Price
$144,900
Sold Price
$140,500
Premium/Discount to List
-$4,400
-3.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$137,954
Interest Rate
5.5%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 3, 2009
Sold by
Larson Ronald L
Bought by
Johnson Heather M and Wilson Robin D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,061
Interest Rate
4.9%
Mortgage Type
FHA
Purchase Details
Closed on
May 1, 2008
Sold by
Ekern Laura M
Bought by
Larson Ronald C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.88%
Mortgage Type
New Conventional
Similar Homes in Ottawa, IL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $158,000 | None Available | |
| Warranty Deed | $140,500 | None Available | |
| Warranty Deed | $107,000 | None Available | |
| Warranty Deed | $115,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $126,400 | New Conventional | |
| Previous Owner | $137,954 | FHA | |
| Previous Owner | $105,061 | FHA | |
| Previous Owner | $105,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2021 05/01/21 | Sold | $158,000 | +3.6% | $101 / Sq Ft |
| 03/31/2021 03/31/21 | Pending | -- | -- | -- |
| 03/29/2021 03/29/21 | For Sale | $152,500 | +8.5% | $97 / Sq Ft |
| 04/26/2019 04/26/19 | Sold | $140,500 | -3.0% | $88 / Sq Ft |
| 03/24/2019 03/24/19 | Pending | -- | -- | -- |
| 03/20/2019 03/20/19 | For Sale | $144,900 | 0.0% | $91 / Sq Ft |
| 02/20/2019 02/20/19 | Pending | -- | -- | -- |
| 02/14/2019 02/14/19 | For Sale | $144,900 | -- | $91 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,176 | $56,070 | $6,287 | $49,783 |
| 2023 | $4,813 | $51,564 | $5,782 | $45,782 |
| 2022 | $4,393 | $47,078 | $5,279 | $41,799 |
| 2021 | $4,105 | $44,138 | $4,949 | $39,189 |
| 2020 | $3,863 | $42,085 | $4,719 | $37,366 |
| 2019 | $3,853 | $40,819 | $4,577 | $36,242 |
| 2018 | $3,763 | $39,777 | $4,460 | $35,317 |
| 2017 | $3,625 | $38,913 | $4,363 | $34,550 |
| 2016 | $3,484 | $37,524 | $4,207 | $33,317 |
| 2015 | $3,296 | $35,911 | $4,026 | $31,885 |
| 2012 | -- | $36,612 | $4,105 | $32,507 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Jessica Lucas
RE/MAX 1st Choice
(815) 326-1074
23 in this area
45 Total Sales
-
Buyer's Agent in 2021
George Shanley
Coldwell Banker Real Estate Group
(815) 228-1859
305 in this area
468 Total Sales
-
Seller's Agent in 2019
Robin Wilson
Homesmart Realty Group IL
(815) 993-7553
18 in this area
33 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11035410
APN: 22-13-328005
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