NOT LISTED FOR SALE

508 Arch St Ottawa, IL 61350

Estimated Value: $177,000 - $186,591

3 Beds
1.5 Baths
1,397 Sq Ft
$130/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $125,000 $89 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,328/month

34 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Laundry Room
  • 1 Car Detached Garage
  • Living Room
  • Bathroom on Main Level

About This Home

As of December 2020

Southside 3-bedroom, 1.5-bathroom, 1-story ranch style home. Features include a large living room and three bedrooms with double closets. Eat-in kitchen includes appliances. Main floor laundry closet. Spacious family room with new carpet and glass sliding door. Partial basement with updated electric. Newer thermo windows. Recent updates include roof and siding in 2017+/-.

Last Agent to Sell the Property

George Shanley

Coldwell Banker Real Estate Group License #475092481 Listed on: 08/07/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Bethany Coleman-Weger

Local Realty Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,831

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,397 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Attic

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Patio

Schools

  • Shepherd Middle School
  • Ottawa Township High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,831

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1397
  • Other Equipment: Water-Softener Owned, Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Square Footage Comments: Sqft is an estimate only and buyer to verify all information.
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Flooring: Carpet
  • ResoLivingAreaSource: Appraiser

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, Fuses
  • Heating: Natural Gas
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Street Lights, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Ottawa Township High School
  • Middle/Junior School: Shepherd Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Dimensions: 60X120
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2830.74
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

MLS Schools

  • Other Public Sch Dist: 513
  • Othr Public Sch: IVCC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Dec 2, 2020
Sold by
Goetsch Wendy
Bought by
Youngblood Sharon L
Seller's Agent
George Shanley
Coldwell Banker Real Estate Group
Buyer's Agent
Bethany Coleman-Weger
Local Realty Group, Inc.
List Price
$129,500
Sold Price
$125,000
Premium/Discount to List
-$4,500
-3.47%
Current Estimated Value
$182,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,904
Avg. Annual Appreciation
7.50%
Original Mortgage
$100,000
Outstanding Balance
$89,686
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$91,462

Purchase Details

Closed on
Oct 12, 2007
Sold by
Kultgen John J and Kultgen Janice K
Bought by
Wilhelms Barbara E and Goetsch Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Youngblood Sharon L $125,000 None Available
Wilhelms Barbara E $147,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Youngblood Sharon L $100,000
Previous Owner Wilhelms Barbara E $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2020 12/02/20 Sold $125,000 -3.5% $89 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $129,500 -- $93 / 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 $4,574 $50,248 $6,442 $43,806
2023 $4,247 $46,209 $5,924 $40,285
2022 $3,870 $42,189 $7,777 $34,412
2021 $3,611 $39,554 $7,291 $32,263
2020 $2,860 $37,714 $6,952 $30,762
2019 $2,831 $36,580 $6,743 $29,837
2018 $2,725 $35,646 $6,571 $29,075
2017 $2,629 $34,872 $6,428 $28,444
2016 $2,501 $33,628 $6,199 $27,429
2015 -- $32,183 $5,933 $26,250
2012 -- $32,811 $6,049 $26,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10810181

Midwest Real Estate Data (MRED)

APN: 22-13-307015