NOT LISTED FOR SALE

2574 E 1569th Rd Ottawa, IL 61350

Estimated Value: $346,000 - $426,191

3 Beds
3.5 Baths
1,987 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $233,000 $117 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,785/month

55 Days on Market

Highlights

  • Water Views
  • Deck
  • Wooded Lot
  • Above Ground Pool
  • Recreation Room
  • Ranch Style House

About This Home

As of July 2016

Impressive 4 bedroom, 3.5 bath ranch style home in Covel Bluff Estate. A beautiful and unique 1.2 acre lot with private, bluffed backyard overlooking the Covel Creek valley with access to Covel Creek. Remodeled and completely refurbished with quality features including 6 panel oak doors, oak trim, hardwood and ceramic floors and much more. Open greatroom with dramatic cathedral ceilings, hardwoood floors, woodburning fireplace and sliding doors leading to the private back deck and pool area. The spacious kitchen features granite counters with snack bar, stainless appliances and a cozy table area leading to deck. Spacious first floor laundry with 1/2 bath. Master bedroom features remodled bath. The full finisned basement offers a huge family room with pool table, wet bar and gathering area, 4th bedroom and full bath. Utility room offers storage and work area.

Last Agent to Sell the Property

Debbie Burns

RE/MAX 1st Choice License #471009811 Listed on: 04/01/2016

Last Buyer's Agent

Brittany Ross

RE/MAX 1st Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,770

Year Built

  • Built in 1979

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 122x35x256x226
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,987 Sq Ft Home
  • Wet Bar
  • Bar
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Sitting Room
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring
  • Water Views
  • Unfinished Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • Dual Sinks

Laundry

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

Basement

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

Outdoor Features

  • Above Ground Pool
  • Deck

Schools

  • Mckinley Elementary School
  • Shepherd Middle School
  • Ottawa Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,770

Year Built

Built in 1979

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
  • Year Built: 1979
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Skylight(s), Bar-Wet, Hardwood Floors, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1987
  • Other Equipment: Water-Softener Owned, Ceiling Fan(s), Sump Pump
  • Room Type: Recreation Room, Sitting Room
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Attic: Unfinished
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Above Ground Pool
  • Foundation Details: Concrete Perimeter
  • List Price: 239900
  • Lot Features: Water View, Wooded
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: MCKINLEY ELEMENTARY SCHOOL
  • 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: 1.2
  • Lot Dimensions: 122X35X256X226
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 18

Tax Info

  • Tax Annual Amount: 3769.7
  • Tax Year: 2015
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jul 15, 2016
Sold by
Alderman David E and Alderman Christina M
Bought by
Herman Matthew A and Herman Amber C
Seller's Agent
Debbie Burns
RE/MAX 1st Choice
Buyer's Agent
Brittany Ross
RE/MAX 1st Choice
List Price
$249,000
Sold Price
$233,000
Premium/Discount to List
-$16,000
-6.43%
Total Days on Market
55
Current Estimated Value
$380,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,548
Avg. Annual Appreciation
6.03%
Original Mortgage
$221,350
Interest Rate
3.63%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Herman Matthew A $233,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Matthew A $203,000
Closed Herman Matthew A $221,350
Previous Owner Alderman David E $197,000
Previous Owner Alderman David E $198,700
Previous Owner Alderman David E $180,009
Previous Owner Alderman David E $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $233,000 -2.9% $117 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/24/2016 05/24/16 Price Changed $239,900 -3.7% $121 / Sq Ft
04/01/2016 04/01/16 For Sale $249,000 -- $125 / 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 $7,793 $110,164 $23,207 $86,957
2023 $7,793 $101,310 $21,342 $79,968
2022 $7,165 $92,495 $32,229 $60,266
2021 $6,755 $86,720 $30,217 $56,503
2020 $6,424 $82,685 $28,811 $53,874
2019 $6,494 $80,199 $27,945 $52,254
2018 $6,383 $78,152 $27,232 $50,920
2017 $6,246 $76,455 $26,641 $49,814
2016 $3,942 $55,006 $31,933 $23,073
2015 $1,885 $52,643 $30,561 $22,082
2012 -- $53,669 $31,157 $22,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09182717

Midwest Real Estate Data (MRED)

APN: 22-27-200016