NOT LISTED FOR SALE

312 E Lafayette St Ottawa, IL 61350

Estimated Value: $179,000 - $215,000

5 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold April 28, 2022

Last sale price $160,000

Est. 22% increase in value since last sale

Current estimated payment $1,386/month

2 Days on Market

Highlights

  • 1 Car Detached Garage
  • Patio
  • Ceiling Fan
  • Porch
  • Forced Air Heating System
  • 5-minute walk to Washington Park

About This Home

As of April 2022

Great investment opportunity in this spacious renovated two unit conveniently located within walking distance to Historic downtown and the two rivers. Some of the updates include home and garage roof, central air units, high efficiency furnaces, painted interior, six panel oak doors, windows, and front porch. Laundry hook-up and reverse osmosis in both units. The main unit has two bedrooms and one bath. The upstairs unit has three bedrooms and one bath. One gas and water meter, two electric meters. Could be converted back to a single family home. Large front porch and back yard patio. One car detached garage.

Last Agent to Sell the Property

Kimberly Eddy

Windsor Realty Listed on: 03/21/2022

Last Buyer's Agent

Alice Fulk

Charles Rutenberg Realty of IL License #475179880

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,590

Year Built

  • Built in 1900 | Remodeled in 2014

Lot Details

  • 3,485 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,590

Year Built

Built in 1900 | Remodeled in 2014

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2014
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished,Crawl
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Patio And Porch Features: Patio, Porch
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Paved

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: .08
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18

Tax Info

  • Tax Annual Amount: 2590
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Apr 27, 2022
Sold by
Kazmierczak Joshua D
Bought by
Bramel William
Seller's Agent
Kimberly Eddy
Windsor Realty
Buyer's Agent
Alice Fulk
Charles Rutenberg Realty of IL
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$195,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,877
Avg. Annual Appreciation
5.67%
Original Mortgage
$120,000
Outstanding Balance
$114,248
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$81,629

Purchase Details

Closed on
Nov 18, 2005
Sold by
Durdan Donald A
Bought by
Kazmierczak Joshua D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,428
Interest Rate
6.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bramel William $160,000 None Available
Kazmierczak Joshua D $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bramel William $120,000
Previous Owner Kazmierczak Joshua D $71,428
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2022 04/28/22 Sold $160,000 +0.1% --
03/26/2022 03/26/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $159,900 -- --
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 $4,302 $41,773 $3,242 $38,531
2023 $3,938 $37,388 $2,902 $34,486
2022 $3,623 $33,934 $5,903 $28,031
2021 $2,775 $31,806 $5,533 $26,273
2020 $2,590 $30,214 $5,256 $24,958
2019 $2,645 $29,906 $5,202 $24,704
2018 $2,563 $29,188 $5,077 $24,111
2017 $2,455 $28,293 $4,921 $23,372
2016 $2,993 $27,080 $4,710 $22,370
2015 $1,422 $25,832 $4,493 $21,339
2012 -- $28,241 $4,913 $23,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11355223

Midwest Real Estate Data (MRED)

APN: 21-11-229009