NOT LISTED FOR SALE

2962 E 1479th Rd Ottawa, IL 61350

Estimated Value: $264,000 - $2,186,400

0.99 Acre
$923,081 Price per Acre
43,124 Sq Ft Lot

Last Sold February 05, 2021

Last sale price $25,000

Est. 3,555% increase in value since last sale

Current estimated payment $5,931/month

901 Days on Market

About This Lot

As of February 2021

One acre lot in Shadow Ridge Subdivision located just north of Ottawa in Wallace School District. Come build your dream home. Private well and septic required. Covenants and restrictions on file.

Last Agent to Sell the Property

Cortney Kaufman

Coldwell Banker Real Estate Group License #475153957 Listed on: 07/19/2018

Coldwell Banker Real Estate Group

Last Buyer's Agent

Cortney Kaufman

Coldwell Banker Real Estate Group License #475153957 Listed on: 07/19/2018

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,536

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$11,536

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Utilities To Site: Electric Nearby, Gas Nearby
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Acreage: 0.99
  • Frontage Access: City Street
  • Front Footage: 157.2

Schools

  • School District: 140
  • Junior High Dist: 195

Lot Info

  • Lot Dimensions: 157.23X239.67X202.06X253.25
  • Parcel Identification Number: 2104200021

Tax Info

  • Taxes: 1092.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2023
Sold by
Djk Custom Homes Inc
Bought by
Demink Paul and Demink Tara
Current Estimated Value
$913,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$935,132
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$21,282

Purchase Details

Closed on
Nov 18, 2022
Sold by
Demink Paul and Demink Tara
Bought by
Djk Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.95%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 19, 2018
Closed on
Feb 5, 2021
Sold by
Myers Matthew J and Kelly Molly M
Bought by
Demink Paul and Demink Tara
Seller's Agent
Cortney Kaufman
Coldwell Banker Real Estate Group
Buyer's Agent
Cortney Kaufman
Coldwell Banker Real Estate Group
List Price
$25,000
Sold Price
$25,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
119.79%

Purchase Details

Closed on
Aug 8, 2014
Sold by
Krause Daniel A and Krause Stacy L
Bought by
Myers Matthew J and Kelly Molly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,320
Interest Rate
4.15%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2005
Sold by
Dhr Development Llc
Bought by
Krause Daniel A and Krause Stacy L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Demink Paul $1,930,500 None Available
Djk Custom Homes Inc -- None Available
Demink Paul $25,000 None Available
Myers Matthew J $47,900 None Available
Krause Daniel A $57,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demink Paul $1,000,000
Previous Owner Djk Custom Homes Inc $630,000
Previous Owner Myers Matthew J $38,320
Closed Krause Daniel A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $25,000 0.0% --
01/05/2021 01/05/21 Pending -- -- --
08/01/2020 08/01/20 For Sale $25,000 0.0% --
07/31/2020 07/31/20 Off Market $25,000 -- --
01/31/2020 01/31/20 For Sale $25,000 0.0% --
01/29/2020 01/29/20 Off Market $25,000 -- --
08/03/2019 08/03/19 Price Changed $25,000 -14.7% --
07/29/2019 07/29/19 For Sale $29,300 +17.2% --
07/25/2019 07/25/19 Off Market $25,000 -- --
04/24/2019 04/24/19 Price Changed $29,300 -14.6% --
01/28/2019 01/28/19 For Sale $34,300 +37.2% --
01/19/2019 01/19/19 Off Market $25,000 -- --
07/19/2018 07/19/18 For Sale $34,300 -- --
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 $11,536 $153,798 $20,031 $133,767
2023 $1,375 $17,928 $17,928 $0
2022 $1,273 $16,272 $16,272 $0
2021 $1,209 $15,252 $15,252 $0
2020 $1,147 $14,488 $14,488 $0
2019 $1,151 $14,340 $14,340 $0
2018 $1,129 $13,996 $13,996 $0
2017 $1,092 $13,567 $13,567 $0
2016 $1,039 $12,985 $12,985 $0
2015 $1,310 $16,401 $16,401 $0
2012 -- $17,930 $17,930 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10024575

Midwest Real Estate Data (MRED)

APN: 21-04-200021