Seller's Agent in 2022
Theresa Poundstone
Coldwell Banker Real Estate Group
(815) 228-5842
113 in this area
145 Total Sales
308 Arch St Ottawa, IL 61350
Estimated Value: $179,000 - $197,000
3
Beds
4
Baths
--
Sq Ft
10,454
Sq Ft Lot
Highlights
- Multiple Garages
- Patio
- Forced Air Heating System
- 2 Car Detached Garage
- Bungalow
- Ceiling Fan
About This Home
As of November 2022Investor Property, live in one side and rent other, or rent both, great opportunity! Well maintained brick side-by-side duplex in south side Ottawa. Two Bedroom unit 308 just renovated, new kitchen, new bath, new flooring and paint. One bedroom 306 unit was recently updated with new floors and remodeled bath. Each unit has a private driveway with detached single car garage. Each unit has a full unfinished basement with tons of storage and laundry hookups available and 1/2 bath. Tenants pay gas, electric, scavenger - owner only pays water/sewer. Brand new roof in 2018. Tenant 306 takes care of lawn in agreement. Gas forced air in unit 308, electric heat in 306. Cash or Conventional loans only. 308 Rent amount is projected rent being 2 bedrooms renovated. Come see this great property today.
Last Agent to Sell the Property
Coldwell Banker Real Estate Group License #475137652 Listed on: 09/28/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,590
Year Built
- Built in 1972
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 90x120
Parking
- 2 Car Detached Garage
- Multiple Garages
- Driveway
- Parking Included in Price
Home Design
- Bungalow
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 4 Bathrooms
Outdoor Features
- Patio
Schools
- Ottawa Township High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Baseboard Heating
- Multiple Water Heaters
Community Details
- 2 Units
- Gross Income $18,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2022
Closed on
Nov 3, 2022
Sold by
Ramoino Bermard J and Bernard J Ramoino Revocable Trust Bernard J R
Bought by
Shanley Alex P and Shanley George
Seller's Agent
Theresa Poundstone
Coldwell Banker Real Estate Group
Buyer's Agent
George Shanley
Coldwell Banker Real Estate Group
List Price
$154,900
Sold Price
$160,500
Premium/Discount to List
$5,600
3.62%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,905
Avg. Annual Appreciation
5.44%
Original Mortgage
$128,400
Outstanding Balance
$124,233
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$65,888
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shanley Alex P | $155,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shanley Alex P | $128,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2022 11/07/22 | Sold | $160,500 | +3.6% | -- |
| 09/30/2022 09/30/22 | Pending | -- | -- | -- |
| 09/28/2022 09/28/22 | For Sale | $154,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,601 | $54,185 | $9,683 | $44,502 |
| 2023 | $5,263 | $49,830 | $8,905 | $40,925 |
| 2022 | $4,865 | $45,494 | $10,725 | $34,769 |
| 2021 | $4,591 | $42,653 | $10,055 | $32,598 |
| 2020 | $4,353 | $40,668 | $9,587 | $31,081 |
| 2019 | $4,365 | $39,445 | $9,299 | $30,146 |
| 2018 | $4,250 | $38,438 | $9,062 | $29,376 |
| 2017 | $4,141 | $37,603 | $8,865 | $28,738 |
| 2016 | $4,008 | $36,262 | $8,549 | $27,713 |
| 2015 | $1,912 | $34,704 | $8,182 | $26,522 |
| 2012 | -- | $35,381 | $8,342 | $27,039 |
Source: Public Records
Agents Affiliated with this Home
-
Theresa Poundstone
-
George Shanley
Buyer's Agent in 2022
George Shanley
Coldwell Banker Real Estate Group
(815) 228-1859
311 in this area
471 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11640115
APN: 22-13-306014
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