NOT LISTED FOR SALE

1508 W Main St Ottawa, IL 61350

Estimated Value: $101,000 - $117,891

2 Beds
1 Bath
740 Sq Ft
$151/Sq Ft Est. Value

Last Sold January 26, 2017

Last sale price $65,000 $88 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $803/month

11 Days on Market

About This Home

As of January 2017

Cute and Cozy, this 2 bedroom 1 bath home is ready to move in. Built-in shelving. Large yard with oversized 1 car garage with carport and alley access. Partial basement with laundry room. Stove, refrigerator, washer and dryer stay. Roof new in 2008.

Last Agent to Sell the Property

Cheri Rippel

Malooley Dahm Realty License #475164949 Listed on: 11/18/2016

Last Buyer's Agent

James Rice

Century 21 Grieves Real Estate License #475121790

Century 21 Grieves Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,311

Year Built | Renovated

  • 1940 | 2008

Lot Details

  • 7,623

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Aluminum Siding

Unfinished Basement

  • Partial Basement

Utilities

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

Listing and Financial Details

  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,311

Year Built | Renovated

1940 | 2008

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2008
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940
  • Year Renovated: 2008

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 10X11, On Level: Main Level
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 10X15, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 9X15, On Level: Main Level
  • Bedroom 2: Dimensions: 9X9, On Level: Main Level
  • Estimated Sq Ft: 740

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 140
  • Junior High Dist: 141

Lot Info

  • Lot Dimensions: 50X152
  • Parcel Identification Number: 2110401012

Tax Info

  • Taxes: 1276.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2016
Closed on
Jan 26, 2017
Sold by
Sereno Michael A
Bought by
Imhof Mark Anthony
Seller's Agent
Cheri Rippel
Malooley Dahm Realty
Buyer's Agent
James Rice
Century 21 Grieves Real Estate
List Price
$72,000
Sold Price
$65,000
Premium/Discount to List
-$7,000
-9.72%
Current Estimated Value
$111,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,973
Avg. Annual Appreciation
6.03%
Original Mortgage
$67,929
Outstanding Balance
$57,051
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$50,254

Purchase Details

Closed on
May 8, 2008
Sold by
Spielman Thomas
Bought by
Sereno Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,440
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2007
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Spielman Thomas

Purchase Details

Closed on
Jun 22, 2007
Sold by
Pfalzgraf David A
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Imhof Mark Anthony $68,000 --
Sereno Michael A $70,000 None Available
Spielman Thomas $42,500 None Available
Federal Home Loan Mortgage Corporation $57,774 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Imhof Mark Anthony $67,929
Previous Owner Sereno Michael A $73,440
Previous Owner Pfalzgraf David A $56,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2017 01/26/17 Sold $65,000 -9.7% $88 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $72,000 -- $97 / 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 $2,311 $28,442 $7,046 $21,396
2023 $2,049 $25,456 $6,306 $19,150
2022 $1,826 $23,104 $6,384 $16,720
2021 $1,683 $21,656 $5,984 $15,672
2020 $1,559 $20,571 $5,684 $14,887
2019 $1,589 $20,361 $5,626 $14,735
2018 $1,533 $19,872 $5,491 $14,381
2017 $1,460 $19,263 $5,323 $13,940
2016 $1,374 $18,437 $5,095 $13,342
2015 $1,276 $17,587 $4,860 $12,727
2012 -- $19,227 $5,313 $13,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09391063

Midwest Real Estate Data (MRED)

APN: 21-10-401012