B
Seller's Agent in 2022
Brittany Ross
RE/MAX 1st Choice
1631 Timber Ln Ottawa, IL 61350
Estimated Value: $475,000 - $534,140
3
Beds
2.5
Baths
2,700
Sq Ft
$189/Sq Ft
Est. Value
Highlights
- Pool House
- 2.05 Acre Lot
- Wood Flooring
- Wallace Elementary School Rated 9+
- Loft with Fireplace
- Sun or Florida Room
About This Home
As of January 2022"The Barn" - First time on the market for this custom built two story home, with so much history. Built in the 1950's this barn was rebuilt in 1988, taken down to the studs and cinder blocks, and transformed into this beautiful home. Situated on over 2 acres, including woods, located in Wallace School District, this home exterior features a 3 car garage, an inground heated pool, an attached pool house, paved patio, and plenty of yard space for enjoyment. Walk through the front door and enjoy the vaulted ceilings that feature an oak staircase, leading to a fireplace in the open sitting area and a master suite with a walk in closet. The main floor has another fireplace, a large kitchen with floor to ceiling custom cabinets with pull out storage as well as stainless steel appliances and bar area for seating. Solid oak doors are featured throughout the house. There is also a first floor laundry, two desk spaces and plenty of entertaining space. Some other great details of this home include a large living room and dining room area, an over sized window seat in the nook which flows from the kitchen area, and a gorgeous tiled 3 seasons room that was the perfect location for the family Christmas tree throughout the years. The garage has extra attic storage space and a side storage room. The attached pool house features a bathroom, wet bar, shower area, and two changing rooms. This is a well cared for, well kept home that is ready for a new owner to carry on the stories and appreciate all the details.
Last Agent to Sell the Property
Brittany Ross
RE/MAX 1st Choice Listed on: 10/28/2021
Last Buyer's Agent
Brittany Ross
RE/MAX 1st Choice Listed on: 10/28/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,788
Year Built
- Built in 1950 | Remodeled in 2011
Lot Details
- 2.05 Acre Lot
- Lot Dimensions are 346x328x134x331
- Paved or Partially Paved Lot
- Irregular Lot
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Slab Foundation
- Asphalt Roof
Interior Spaces
- 2,700 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Historic or Period Millwork
- Skylights
- Fireplace With Gas Starter
- Bay Window
- French Doors
- Family Room
- Living Room with Fireplace
- Dining Room
- Loft with Fireplace
- 2 Fireplaces
- Sun or Florida Room
- Pull Down Stairs to Attic
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Flooring
- Wood
- Partially Carpeted
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Accessible Home Design
- Accessibility Features
- Doors swing in
- Entry Slope Less Than 1 Foot
Pool
- Pool House
- In Ground Pool
Outdoor Features
- Brick Porch or Patio
Schools
- Wallace Elementary School
- Ottawa Township High School
Utilities
- Central Air
- Baseboard Heating
- Heating System Uses Steam
- Well
- Water Softener is Owned
- Private or Community Septic Tank
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2021
Closed on
Dec 30, 2021
Sold by
Mcginnis Alice M and Alice M Mcginnis Living Trust
Bought by
Townsend James B and Laurel Robin Svoboda Trust
Seller's Agent
Brittany Ross
RE/MAX 1st Choice
Buyer's Agent
Brittany Ross
RE/MAX 1st Choice
List Price
$420,000
Sold Price
$405,000
Premium/Discount to List
-$15,000
-3.57%
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
$138,747
Avg. Annual Appreciation
5.89%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Townsend James B | $398,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/03/2022 01/03/22 | Sold | $405,000 | -3.6% | $150 / Sq Ft |
| 12/04/2021 12/04/21 | Pending | -- | -- | -- |
| 10/28/2021 10/28/21 | For Sale | $420,000 | -- | $156 / 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 | -- | $188,595 | $37,831 | $150,764 |
| 2023 | -- | $166,589 | $33,417 | $133,172 |
| 2022 | $12,391 | $152,011 | $30,493 | $121,518 |
| 2021 | $11,548 | $145,326 | $29,152 | $116,174 |
| 2020 | $10,788 | $136,367 | $27,355 | $109,012 |
| 2019 | $10,053 | $125,823 | $25,240 | $100,583 |
| 2018 | $9,100 | $113,354 | $22,739 | $90,615 |
| 2017 | $8,966 | $111,888 | $22,445 | $89,443 |
| 2016 | $8,760 | $109,964 | $22,059 | $87,905 |
| 2015 | $8,942 | $112,208 | $22,509 | $89,699 |
| 2012 | -- | $122,201 | $24,513 | $97,688 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11257473
APN: 13-35-310001
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