$140,500
SOLD APR 26, 2019

1508 Cherokee Ln Ottawa, IL 61350

3 Beds
2 Baths
1,593 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

3% Below List Price

38 Days on Market

Highlights

  • Spa
  • Bonus Room
  • Stainless Steel Appliances
  • Ranch Style House
  • Formal Dining Room
  • 3-minute walk to Varland Park

About This Home

As of May 2021

This is truly a hidden treasure! 3 bedroom, 2 bath home perfect for a couple or family. Conveniently located within walking distance to schools, grocery, and baseball park. New wood laminate floors throughout. This home has a spacious living room and dining room. The large kitchen has ceramic tile with a stainless steel appliance package. Water heater was replaced 2 years ago. New roof and siding are approximately 7 years old. The attached 2 car garage has built in cabinets and lots of storage. The newly fenced backyard is made for entertaining with a 20' x 20' concrete patio which is home to an 8 person hot tub. The 21' above ground pool with walk in steps will keep you cool in the summer. Also includes a 10' x 12' shed with attic. This home is ready to move in and enjoy.

Last Agent to Sell the Property

Robin Wilson

Homesmart Realty Group IL License #475180884 Listed on: 02/14/2019

Homesmart Realty Group IL

Last Buyer's Agent

Jessica Lucas

RE/MAX 1st Choice

RE/MAX 1st Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,625

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 72 x 110
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,593 Sq Ft Home
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Storm Screens

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Pool

  • Spa
  • Above Ground Pool

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Cable TV Available

Community Details

  • Tomahawk Terrace Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,625

Lot Details

0

Parking

2

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
  • Subdivision Name: Tomahawk Terrace
  • Age: 51-60 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1593
  • Other Equipment: TV-Cable
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Hot Tub, Above Ground Pool, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 144900
  • Lot Features: Fenced Yard
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air, Baseboard
  • Laundry Features: Gas Dryer Hookup, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, 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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 72 X 110
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3624.7
  • Tax Year: 2017
  • Tax Exemptions: Homeowner

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
$246,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,999
Avg. Annual Appreciation
11.83%
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
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 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

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 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10273168

Midwest Real Estate Data (MRED)

APN: 22-13-328005