Seller's Agent in 2021
Philip Howell
RE/MAX
(815) 228-4883
11 in this area
105 Total Sales
222 State St Ottawa, IL 61350
Estimated Value: $174,000 - $210,000
4
Beds
4
Baths
--
Sq Ft
4,792
Sq Ft Lot
About This Home
As of September 2021Investment opportunity awaits! Fully rented four unit in great southside Ottawa location. Private parking, solid rental history. Electric is separately metered, property includes side yard. Coin-op laundry onsite. Sellers would like to combine sale with 2 unit listed at 1020 Clinton Ottawa ( mls 11090029) Call or email for more information today!
Last Agent to Sell the Property
RE/MAX Top Properties License #475119140 Listed on: 07/14/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,197
Year Built
- Built in 1915
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 73 x 63
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- Uncovered Parking
- Parking Space is Owned
Schools
- Ottawa Township High School
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $2,172
- Fuel Expense $960
- Trash Expense $648
- Water Sewer Expense $1,210
- Gross Income $29,400
- Net Operating Income $20,222
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 19, 2024
Sold by
Morelli Anthony and Morelli Tony
Bought by
Spenelli Properties Llc
Current Estimated Value
Purchase Details
Listed on
Jul 14, 2021
Closed on
Aug 30, 2021
Sold by
Excalibur Builders Inc
Bought by
Morelli Anthony and Spencer Adam
Seller's Agent
Philip Howell
RE/MAX Top Properties
Buyer's Agent
Shawn Brown
TCG Realty
List Price
$159,750
Sold Price
$130,000
Premium/Discount to List
-$29,750
-18.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$97,500
Interest Rate
4.5%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spenelli Properties Llc | -- | None Available | |
| Morelli Anthony | $130,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Morelli Anthony | $97,500 | |
| Previous Owner | Excalibur Builders Inc | $112,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2021 09/02/21 | Sold | $130,000 | -18.6% | -- |
| 07/20/2021 07/20/21 | Pending | -- | -- | -- |
| 07/14/2021 07/14/21 | For Sale | $159,750 | -- | -- |
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 | $5,400 | $52,238 | $4,670 | $47,568 |
| 2023 | $5,074 | $48,040 | $4,295 | $43,745 |
| 2022 | $4,691 | $43,860 | $5,242 | $38,618 |
| 2021 | $4,426 | $41,122 | $4,915 | $36,207 |
| 2020 | $4,197 | $39,208 | $4,686 | $34,522 |
| 2019 | $4,208 | $38,029 | $4,545 | $33,484 |
| 2018 | $4,097 | $37,058 | $4,429 | $32,629 |
| 2017 | $3,993 | $36,253 | $4,333 | $31,920 |
| 2016 | $3,864 | $34,959 | $4,178 | $30,781 |
| 2015 | $3,687 | $33,456 | $3,998 | $29,458 |
| 2012 | -- | $34,108 | $4,076 | $30,032 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Shawn Brown
TCG Realty
(815) 324-4373
53 in this area
147 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11155752
APN: 22-11-426006
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