NOT LISTED FOR SALE

2992 E 1508th Rd Ottawa, IL 61350

Estimated Value: $242,000 - $322,000

3 Beds
2.5 Baths
1,831 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 24, 2015

Last sale price $155,000 $85 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,034/month

267 Days on Market

Highlights

  • 1.02 Acre Lot
  • Deck
  • Formal Dining Room
  • Wallace Elementary School Rated 9+
  • Ranch Style House
  • 2.5 Car Attached Garage

About This Home

As of March 2015

Well built & maintained 3 bedroom, 2 1/2 bath ranch on a 1 acre lot in Terra Cotta Estates. Conveniently located in north Ottawa with easy access to I 80. Some windows have been replaced. Roof is about 5 years old. Family room with sliding glass door to deck overlooking spacious backyard with mature trees. See through brick fireplace between family room & living room. Wallace School District. All appliances included.

Last Agent to Sell the Property

Larry Windsor

Windsor Realty Listed on: 05/27/2014

Last Buyer's Agent

Colleen Benson

Lori Bonarek Realty License #475137487

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,204

Year Built

  • Built in 1989

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 170x261
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,831 Sq Ft Home
  • Double Sided Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Unfinished Attic
  • Carbon Monoxide Detectors
  • Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level

Laundry

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

Outdoor Features

  • Deck
  • Shed

Schools

  • Wallace Elementary School
  • Ottawa Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener Leased
  • Private or Community Septic Tank
  • Mechanical Septic System
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,204

Year Built

Built in 1989

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: 1989
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Double Sided
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1831
  • Other Equipment: Water-Softener Rented, TV-Cable, CO Detectors
  • Room Type: No additional rooms
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room
  • Attic: Unfinished
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 164500
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Mechanical, Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • 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: WALLACE ELEMENTARY SCHOOL
  • High School: OTTAWA TOWNSHIP HIGH SCHOOL
  • Middle/Junior School: WALLACE ELEMENTARY SCHOOL
  • Middle/Junior School District: 195

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.02
  • Lot Dimensions: 170X261
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 18
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3204.08
  • Tax Year: 2012
  • Tax Exemptions: Homeowner,Senior,Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2014
Closed on
Mar 19, 2015
Sold by
Gillette Kathleen M and Gebbia Donna
Bought by
Worth Rebecca S
Seller's Agent
Larry Windsor
Windsor Realty
Buyer's Agent
Colleen Benson
Lori Bonarek Realty
List Price
$179,500
Sold Price
$155,000
Premium/Discount to List
-$24,500
-13.65%
Current Estimated Value
$295,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,793
Avg. Annual Appreciation
6.32%
Original Mortgage
$149,826
Outstanding Balance
$115,047
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$180,746
Source: Public Records

Range of Values:

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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
Worth Rebecca S $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worth Rebecca S $149,826
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2015 03/24/15 Sold $155,000 -5.8% $85 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
11/21/2014 11/21/14 Price Changed $164,500 -2.9% $90 / Sq Ft
09/30/2014 09/30/14 Price Changed $169,500 -2.9% $93 / Sq Ft
07/22/2014 07/22/14 Price Changed $174,500 -2.8% $95 / Sq Ft
05/27/2014 05/27/14 For Sale $179,500 -- $98 / 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 $5,512 $79,488 $11,972 $67,516
2023 $4,995 $71,143 $10,715 $60,428
2022 $4,582 $64,570 $10,934 $53,636
2021 $4,323 $60,521 $10,248 $50,273
2020 $4,075 $57,491 $9,735 $47,756
2019 $4,085 $56,905 $9,636 $47,269
2018 $3,996 $55,539 $9,405 $46,134
2017 $4,809 $65,774 $9,117 $56,657
2016 $5,037 $62,954 $8,726 $54,228
2015 $4,796 $60,053 $8,324 $51,729
2012 -- $65,651 $9,100 $56,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08625387

Midwest Real Estate Data (MRED)

APN: 21-03-103002