NOT LISTED FOR SALE

2518 Cherie Ln Ottawa, IL 61350

Estimated Value: $432,000 - $490,000

4 Beds
3.5 Baths
4,054 Sq Ft
$112/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $339,500 $84 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,610/month

343 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Whirlpool Bathtub
  • Recreation Room
  • Wood Flooring
  • Den

About This Home

As of October 2021

North side Ottawa home nestled on wooded lot in desired Gracefield Subdivision. Open floor plan with kitchen open to family room with main floor office opting as a main floor bedroom with 3/4 bath nearby. Great entry boosting a two story foyer with curved staircase. Lower Level has another bedroom option with Recreation room and second family room. Pool table and bar negotiable. Living room to right of entry could be great office with plenty of natural light. Master Suite has large walk in closet with bonus area beyond. Expansive deck great for entertaining and lower level concrete patio area. Furnace new in 2018 and central air conditioning new in 2020. Hardwood floors main level recently refinished. New Inductive cook top in 2020. Swingset included.

Last Agent to Sell the Property

Theresa Poundstone

Coldwell Banker Real Estate Group License #475137652 Listed on: 09/14/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Katie Troccoli

Washington Square, Realtors License #471004802

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,698

Year Built

  • Built in 1991

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 90 x 172
  • Dog Run
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,054 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Laundry Room

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,698

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1991
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Full Bath
  • LivingArea: 4054
  • Other Equipment: TV-Cable, Ceiling Fan(s), Sump Pump, Radon Mitigation System
  • Room Type: Bedroom 5, Foyer, Recreation Room, Den
  • Estimated Total Finished Sq Ft: 4054
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 4054
  • Basement Sq Ft: 1808
  • Fireplace Location: Family Room
  • Total Sq Ft: 5862
  • Upper Level Sq Ft: 4054
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Porch, Dog Run
  • Foundation Details: Concrete Perimeter
  • List Price: 348500
  • Lot Features: Wooded
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 141

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.35
  • Lot Dimensions: 90 X 172
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9697.5
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Sep 28, 2021
Sold by
Scaman Mark K and Scaman Laura L
Bought by
Hutchinson Brock and Hutchinson Hilary
Seller's Agent
Theresa Poundstone
Coldwell Banker Real Estate Group
Buyer's Agent
Katie Troccoli
Washington Square, Realtors
List Price
$350,000
Sold Price
$339,500
Premium/Discount to List
-$10,500
-3%
Current Estimated Value
$455,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,615
Avg. Annual Appreciation
6.43%
Original Mortgage
$169,750
Outstanding Balance
$154,450
Interest Rate
2.02%
Mortgage Type
New Conventional
Estimated Equity
$278,194
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 Buyer Sale Price Title Company
Hutchinson Brock $339,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchinson Brock $169,750
Previous Owner Scaman Mark K $30,246
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $339,500 -3.0% $84 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $350,000 0.0% $86 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
09/14/2020 09/14/20 For Sale $350,000 -- $86 / 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 $13,574 $137,804 $11,495 $126,309
2023 $12,358 $123,336 $10,288 $113,048
2022 $11,311 $111,940 $15,129 $96,811
2021 $10,098 $104,920 $14,180 $90,740
2020 $9,484 $99,667 $13,470 $86,197
2019 $9,698 $98,651 $13,333 $85,318
2018 $9,978 $96,283 $13,013 $83,270
2017 $9,616 $93,333 $12,614 $80,719
2016 $10,559 $101,551 $12,073 $89,478
2015 $10,007 $96,872 $11,517 $85,355
2012 -- $105,902 $12,590 $93,312
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10856875

Midwest Real Estate Data (MRED)

APN: 21-01-126007