NOT LISTED FOR SALE

501 Cornell St Ottawa, IL 61350

Estimated Value: $179,000 - $218,000

3 Beds
1 Bath
1,400 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $150,000 $107 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,460/month

5 Days on Market

Highlights

  • Corner Lot
  • Detached Garage
  • Breakfast Bar
  • Walk-In Pantry
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of November 2020

Many updates to this 3 bedroom home on a corner lot. Siding and roof new in 2017. 25X26 two car detached garage built in 2017. Extra large living room with bay window and bamboo floors. Enclosed front porch for additional living space. Conveniently located main floor laundry. Partially fenced yard and storage shed. Large deck perfect for outdoor entertaining. Schedule a showing today!

Last Agent to Sell the Property

Cortney Kaufman

Coldwell Banker Real Estate Group License #475153957 Listed on: 10/03/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Lori Bernard

Coldwell Banker Real Estate Group License #475136340

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,646

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch
  • Corner Lot

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,646

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: Unknown
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 14X23, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X6, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 14X22, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Enclosed Porch
  • Master Bedroom: Dimensions: 12X18, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 7X19, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 9X10, On Level: Main Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 1400
  • Dining Room Type: Kitchen/Dining Combo

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.18

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 140
  • High School: Ottawa Township High School
  • Junior High Dist: 141

Lot Info

  • Lot Dimensions: 60X120
  • Lot Description: Corner
  • Parcel Identification Number: 2214214019

Tax Info

  • Taxes: 3440.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2020
Closed on
Nov 13, 2020
Sold by
Peterson Scott A and Peterson Kelly M
Bought by
Skinner Katie E
Seller's Agent
Cortney Kaufman
Coldwell Banker Real Estate Group
Buyer's Agent
Lori Bernard
Coldwell Banker Real Estate Group
List Price
$145,000
Sold Price
$150,000
Premium/Discount to List
$5,000
3.45%
Current Estimated Value
$196,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,841
Avg. Annual Appreciation
6.01%
Original Mortgage
$147,283
Outstanding Balance
$131,658
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$66,619

Purchase Details

Closed on
Dec 9, 2005
Sold by
Miller John F and Miller Sharon R
Bought by
Peterson Scott A and Peterson Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
8.55%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Skinner Katie E $150,000 None Available
Peterson Scott A $102,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skinner Katie E $5,371
Open Skinner Katie E $147,283
Previous Owner Peterson Scott A $104,000
Previous Owner Peterson Scott A $41,236
Previous Owner Peterson Scott A $82,000
Previous Owner Miller John F $87,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $150,000 +3.4% $107 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/03/2020 10/03/20 For Sale $145,000 -- $104 / 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 $4,646 $50,949 $7,799 $43,150
2023 $4,315 $46,854 $7,172 $39,682
2022 $3,933 $42,777 $8,685 $34,092
2021 $3,671 $40,106 $8,143 $31,963
2020 $3,451 $38,240 $7,764 $30,476
2019 $3,441 $37,091 $7,531 $29,560
2018 $3,221 $36,144 $7,339 $28,805
2017 $2,969 $33,950 $7,180 $26,770
2016 $3,000 $34,098 $6,924 $27,174
2015 $2,834 $32,632 $6,626 $26,006
2012 -- $33,027 $6,413 $26,614
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10891311

Midwest Real Estate Data (MRED)

APN: 22-14-214019