NOT LISTED FOR SALE

5 Oak Terrace Ottawa, IL 61350

Estimated Value: $292,713 - $363,000

4 Beds
2 Baths
2,364 Sq Ft
$138/Sq Ft Est. Value

Last Sold February 15, 2013

Last sale price $153,000 $65 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,250/month

12 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Corner Lot
  • Wallace Elementary School Rated 9+
  • Wood Flooring
  • Formal Dining Room

About This Home

As of February 2013

WOW! Picture perfect 4 bedroom, 2 bath in WALLACE SCHOOL DISTRICT. You'll be impressed with this sparkling, well maintained bi-level home. Beautiful oak trim, fireplace, tasteful decor. Newer flooring, deck, boiler 2009, central air 2012, roof 2004, many upgrades & updates throughout. Appliances plus washer & dryer included. Large corner lot, patio, shed. Lower tax rate. A Must See!!

Last Agent to Sell the Property

Kimberly Eddy

Windsor Realty Listed on: 12/08/2012

Last Buyer's Agent

Deanna McGeorge

Coldwell Banker Real Estate Group License #475137162

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,948

Year Built

  • Built in 1977

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 115x152
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home
  • Bi-Level Home
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,364 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Wallace Elementary School
  • Ottawa Township High School

Utilities

  • Central Air
  • Radiant Heating System
  • Shared Well
  • Water Softener is Owned
  • Mechanical Septic System

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,948

Year Built

Built in 1977

Lot Details

0.4 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1977
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Wood Laminate Floors, First Floor Full Bath
  • LivingArea: 2364
  • Other Equipment: Water-Softener Owned, Ceiling Fan(s)
  • Room Type: Foyer
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Flooring: Hardwood
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Mechanical
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Radiant
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Lights, 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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.4
  • Lot Dimensions: 115X152
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3948
  • Tax Year: 2011
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2012
Closed on
Feb 15, 2013
Sold by
Terry Donald E and Terry Lee Ann
Bought by
Thompson Gregory O and Thompson Kathy J
Seller's Agent
Kimberly Eddy
Windsor Realty
Buyer's Agent
Deanna McGeorge
Coldwell Banker Real Estate Group
List Price
$155,000
Sold Price
$153,000
Premium/Discount to List
-$2,000
-1.29%
Current Estimated Value
$326,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,428
Avg. Annual Appreciation
5.97%
Original Mortgage
$140,700
Outstanding Balance
$99,889
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$226,539
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
Thompson Gregory O $153,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Gregory O $140,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2013 02/15/13 Sold $153,000 -1.3% $65 / Sq Ft
12/20/2012 12/20/12 Pending -- -- --
12/08/2012 12/08/12 For Sale $155,000 -- $66 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,838 $89,924 $12,183 $77,741
2023 $6,110 $79,431 $10,761 $68,670
2022 $5,642 $72,480 $9,819 $62,661
2021 $5,441 $69,292 $9,387 $59,905
2020 $5,079 $65,020 $8,808 $56,212
2019 $4,727 $59,993 $8,127 $51,866
2018 $4,272 $54,048 $7,322 $46,726
2017 $4,208 $53,349 $7,227 $46,122
2016 $4,110 $52,432 $7,103 $45,329
2015 $4,197 $53,502 $7,248 $46,254
2012 -- $58,266 $7,893 $50,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08233122

Midwest Real Estate Data (MRED)

APN: 13-35-309005

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