NOT LISTED FOR SALE

508 1st Ave Ottawa, IL 61350

Estimated Value: $189,000 - $263,000

4 Beds
3 Baths
1,572 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $175,000 $111 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,587/month

46 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Dry Bar
  • Main Floor Bedroom
  • Brick Porch or Patio
  • 2-minute walk to Kiwanis Park

About This Home

As of July 2020

GREAT HOUSE THAT OFFERS 3 LEVELS OF LIVING SPACE. A FABULOUS MASTER ON-SUITE UPSTAIRS THAT HAS A BEAUTIFUL TILED WALK-IN SHOWER. 2 BEDROOMS, FULL BATH, LIVING & DINING ROOMS AND KITCHEN ON THE MAIN LEVEL AND A FULL FINISHED BASEMENT. THE BASEMENT BOASTS OF A FAMILY ROOM, BAR, LAUNDRY, ADDITIONAL BEDROOM AND FULL BATH. NEW ROOF, SIDING AND WINDOWS IN 2017, PLUS NEW PLUMBING, ELECTRIC AND FURNACE IN 2016. HEATED GARAGE, 26 X 12 PAVER PATIO. CONCRETE DRIVEWAY 2016. ALLEY ACCESS TO GARAGE PLUS ADDITIONAL PARKING. LOTS OF ROOM FOR ENTERTAINING, OR RELAXING. PLENTY OF STORAGE SPACE. FHA, USDA and VA loans welcome!

Last Agent to Sell the Property

Diane Lambert

Coldwell Banker Real Estate Group License #471001435 Listed on: 04/06/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Dana Hathorn

Crosstown REALTORS Inc License #475170569

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,115

Year Renovated

  • 2016

Lot Details

  • 7,405

Parking

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

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Dry Bar
  • Entrance Foyer
  • Wood Flooring

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Brick Porch or Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $4,800 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,115

Year Renovated

2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: Unknown
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 3
  • Total Sq Ft: 1572
  • Type Detached: 1.5 Story
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2556
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 11X21, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer, Range Hood
  • Attic: Finished
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 4X12, On Level: Basement, Flooring: Other, Windows: Curtains/Drapes
  • Dining Room: Dimensions: 13X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 11X13, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 14X15, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Foyer, Dimensions: 4X4, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 9X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 4: Dimensions: 9X15, On Level: Basement, Flooring: Other, Windows: Curtains/Drapes
  • Estimated Sq Ft: 1572
  • Estimated Total Finished Sq Ft: 2556
  • Basement Sq Ft: 984
  • Basement Finished Sq Ft: 984
  • Main Level Sq Ft: 1014
  • Upper Level Sq Ft: 558
  • Dining Room Type: Separate
  • Family Room: Dimensions: 13X23, On Level: Basement, Flooring: Other, Windows: Curtains/Drapes

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Brick Paver Patio
  • Acreage: 0.17

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • 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
  • Middle School: Shepherd Middle School
  • High School: Ottawa Township High School
  • Junior High Dist: 141
  • Junior High/Middle School #2: Central Elementary: 5th and 6th

Lot Info

  • Lot Dimensions: 60X120
  • Parcel Identification Number: 2213107003

Tax Info

  • Taxes: 3688.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
Jul 2, 2020
Sold by
Burgwald Jeffrey A
Bought by
Ochoa Danielle R and Ochoa Eddie
Seller's Agent
Diane Lambert
Coldwell Banker Real Estate Group
Buyer's Agent
Dana Hathorn
Crosstown REALTORS Inc
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$214,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,820
Avg. Annual Appreciation
4.37%

Purchase Details

Listed on
Oct 22, 2011
Closed on
Dec 10, 2012
Sold by
Evanson Levonne
Bought by
Burgwald Jeffrey A
Seller's Agent
Debbie Burns
RE/MAX 1st Choice
Buyer's Agent
Larry Windsor
Windsor Realty
List Price
$114,900
Sold Price
$105,000
Premium/Discount to List
-$9,900
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$99,750
Interest Rate
3.37%
Mortgage Type
New Conventional
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
Ochoa Danielle R $175,000 None Available
Burgwald Jeffrey A $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burgwald Jeffrey A $99,750
Previous Owner Evanson Lavonne $99,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $175,000 0.0% $111 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $175,000 +66.7% $111 / Sq Ft
12/12/2012 12/12/12 Sold $105,000 -8.6% $71 / Sq Ft
11/09/2012 11/09/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $114,900 +9.4% $78 / Sq Ft
09/20/2012 09/20/12 Off Market $105,000 -- --
07/16/2012 07/16/12 Price Changed $114,900 -4.2% $78 / Sq Ft
05/07/2012 05/07/12 Price Changed $119,900 -4.0% $81 / Sq Ft
10/22/2011 10/22/11 For Sale $124,900 -- $84 / 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 $5,115 $55,486 $6,574 $48,912
2023 $4,756 $51,027 $6,046 $44,981
2022 $4,341 $46,587 $8,246 $38,341
2021 $4,055 $43,678 $7,731 $35,947
2020 $3,816 $41,645 $7,371 $34,274
2019 $3,806 $40,392 $7,149 $33,243
2018 $3,689 $39,360 $6,966 $32,394
2017 $3,580 $38,505 $6,815 $31,690
2016 $3,441 $37,131 $6,572 $30,559
2015 $3,255 $35,536 $6,290 $29,246
2012 -- $36,229 $6,413 $29,816
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10684998

Midwest Real Estate Data (MRED)

APN: 22-13-107003