NOT LISTED FOR SALE

2961 E 1509th Rd Ottawa, IL 61350

Estimated Value: $375,245 - $397,000

4 Beds
3 Baths
2,550 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $240,000 $94 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,561/month

116 Days on Market

Highlights

  • 1.61 Acre Lot
  • Landscaped Professionally
  • Deck
  • Wallace Elementary School Rated 9+
  • Mature Trees
  • Living Room with Fireplace

About This Home

As of February 2020

If you are looking for a home in Wallace School District don't pass this one by. Built in 1976 it needs a bit of updating but this home can be updated for much less than a new build. Nestled at the end of cul de sac on 1.61 acres, it has a very private setting and over 2,500 square feet to work with. The partially finished basement will almost double that living space. Take a walk through and see how you can upgrade this home to meet your needs.

Last Agent to Sell the Property

Gina Stoudt

Legacy Realty Latta Young License #471017746 Listed on: 08/22/2019

Last Buyer's Agent

Jessica Lucas

RE/MAX 1st Choice

RE/MAX 1st Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,839

Year Built

  • Built in 1976

Lot Details

  • 1.61 Acre Lot
  • Lot Dimensions are 159x163x84x110x217x130x110x221
  • Cul-De-Sac
  • Landscaped Professionally
  • Irregular Lot
  • Mature Trees

Parking

  • 2 Car Garage
  • Parking Included in Price

Interior Spaces

  • 2,550 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

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

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Outdoor Features

  • Deck
  • Fire Pit
  • Brick Porch or Patio

Schools

  • Wallace Elementary School
  • Ottawa Township High School

Utilities

  • Zoned Heating and Cooling
  • Heating Available
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,839

Year Built

Built in 1976

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: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Sauna, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 2550
  • Room Type: Recreation Room, Den, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Porch, Brick Paver Patio, Fire Pit
  • Lot Features: Cul-De-Sac, Irregular Lot, Landscaped, Mature Trees
  • Patio And Porch Features: Deck, Porch, Patio
  • Waterfront: No
  • Exterior Building Type: Cedar,Stone

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air, Zoned
  • Heating: Electric
  • Laundry Features: Sink
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Wallace Elementary School
  • High School: Ottawa Township High School
  • Middle/Junior School: Wallace Elementary School

Lot Info

  • Lot Size Acres: 1.61
  • Lot Dimensions: 159X163X84X110X217X130X110X221
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5839.34
  • Tax Year: 2018
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2025
Sold by
Rick Jordie L
Bought by
Berninger Jonathan Daniels and Berninger Jordan Jennifer
Current Estimated Value
$357,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,250
Outstanding Balance
$318,250
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$64,061

Purchase Details

Closed on
Feb 2, 2024
Sold by
Rickelman Colin M and Rickelman Jordie
Bought by
Rick Jordie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2019
Closed on
Feb 26, 2020
Sold by
Roush Gregory and Roush Melissa A
Bought by
Harold Roush Jr Revocable Trust
Seller's Agent
Gina Stoudt
Legacy Realty Latta Young
Buyer's Agent
Jessica Lucas
RE/MAX 1st Choice
List Price
$265,000
Sold Price
$240,000
Premium/Discount to List
-$25,000
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$192,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records
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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
Berninger Jonathan Daniels $335,000 Wheatland Title Co
Rick Jordie L -- Wheatland Title Co
Rick Jordie L -- Wheatland Title Co
Harold Roush Jr Revocable Trust $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berninger Jonathan Daniels $318,250
Previous Owner Rick Jordie L $182,000
Previous Owner Harold Roush Jr Revocable Trust $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2020 02/26/20 Sold $240,000 0.0% $94 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
11/26/2019 11/26/19 Price Changed $240,000 -3.6% $94 / Sq Ft
10/08/2019 10/08/19 Price Changed $249,000 -6.0% $98 / Sq Ft
08/22/2019 08/22/19 For Sale $265,000 -- $104 / 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 $8,503 $119,355 $13,584 $105,771
2023 $7,731 $106,825 $12,158 $94,667
2022 $7,116 $96,955 $14,039 $82,916
2021 $6,730 $90,876 $13,159 $77,717
2020 $6,832 $86,326 $12,500 $73,826
2019 $6,857 $85,446 $12,373 $73,073
2018 $5,839 $83,395 $12,076 $71,319
2017 $5,619 $80,840 $11,706 $69,134
2016 $5,025 $77,374 $11,204 $66,170
2015 $5,016 $73,809 $10,688 $63,121
2012 -- $80,689 $11,685 $69,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10494905

Midwest Real Estate Data (MRED)

APN: 21-03-102009