NOT LISTED FOR SALE

505 E Joliet St Ottawa, IL 61350

Estimated Value: $206,000 - $290,780

3 Beds
2.5 Baths
2,181 Sq Ft
$120/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $245,000 $112 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,636/month

58 Days on Market

Highlights

  • Living Room
  • Central Air
  • Family Room
  • Laundry Room
  • Combination Kitchen and Dining Room

About This Home

As of December 2022

Become a part of Ottawa history by owning this One-Of-A-Kind Victorian home ~ Outstanding renovation just completed in this charming 3 bedroom, 2.1 bath Victorian home. Nearly everything is new! Sellers offering $5,000 credit for appliances! Freshly painted exterior, October, 2022. New cabinets, granite countertops, Brazilian pecan hardwood flooring throughout; new tub/showers/sinks. All new 200 amp electrical service and new electrical throughout; new plumbing; new HVAC. New flooring, trim & reframed walls throughout ~ insulated to the max about 8-10' in exterior walls. Newly poured concrete basement floor, new driveway. Front porch & back porch coming soon! Agent Related sellers. All dimensions are approximate.

Last Agent to Sell the Property

Erin Stuedemann

Coldwell Banker Real Estate Group License #475141525 Listed on: 09/22/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

John McLaren

Village Realty, Inc. License #475193334

Village Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,997

Year Built

  • Built in 1905 | Remodeled in 2022

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 135x90

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,181 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Ottawa Township High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,997

Year Built

Built in 1905 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 2181
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • List Price: 249000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 3
  • Number of Cars: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Ottawa Township High School
  • Middle/Junior School District: 141

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2822
  • Lot Dimensions: 135X90
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 1997
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Dec 9, 2022
Sold by
Bott Brothers Enterprises Llc
Bought by
Malone Brian
Seller's Agent
Erin Stuedemann
Coldwell Banker Real Estate Group
Buyer's Agent
John McLaren
Village Realty, Inc.
List Price
$285,000
Sold Price
$245,000
Premium/Discount to List
-$40,000
-14.04%
Views
55
Current Estimated Value
$261,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,945
Avg. Annual Appreciation
2.35%
Original Mortgage
$196,000
Outstanding Balance
$190,162
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$71,783

Purchase Details

Closed on
Apr 29, 2009
Sold by
Gmac Mortgage Llc
Bought by
Rank Daniel J

Purchase Details

Closed on
Dec 15, 2008
Sold by
The Judicial Sales Corp
Bought by
Condron Bernard R and Condron Benard
Source: Public Records

Range of Values:

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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
Malone Brian $245,000 None Available
Rank Daniel J $25,500 First American Title
Condron Bernard R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malone Brian $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $245,000 -1.6% $112 / Sq Ft
11/20/2022 11/20/22 Pending -- -- --
11/04/2022 11/04/22 Price Changed $249,000 -2.0% $114 / Sq Ft
10/24/2022 10/24/22 Price Changed $254,000 -5.6% $116 / Sq Ft
10/14/2022 10/14/22 Price Changed $269,000 -5.4% $123 / Sq Ft
10/07/2022 10/07/22 Price Changed $284,500 -0.2% $130 / Sq Ft
09/22/2022 09/22/22 For Sale $285,000 -- $131 / 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 $8,044 $84,111 $9,657 $74,454
2023 $7,297 $75,280 $8,643 $66,637
2022 $2,115 $19,811 $10,812 $8,999
2021 $1,997 $18,569 $10,134 $8,435
2020 $1,887 $17,640 $9,627 $8,013
2019 $1,932 $17,460 $9,529 $7,931
2018 $1,898 $17,041 $9,300 $7,741
2017 $1,819 $16,519 $9,015 $7,504
2016 $1,747 $15,810 $8,628 $7,182
2015 $1,661 $15,081 $8,230 $6,851
2012 -- $16,487 $8,997 $7,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11635340

Midwest Real Estate Data (MRED)

APN: 21-01-308001