NOT LISTED FOR SALE

511 Buchanan St Ottawa, IL 61350

Estimated Value: $201,000 - $273,000

5 Beds
2 Baths
3,308 Sq Ft
$74/Sq Ft Est. Value

Last Sold February 26, 2018

Last sale price $115,000 $35 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,826/month

114 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Bedroom
  • Sitting Room
  • Wood Flooring
  • Corner Lot
  • Detached Garage

About This Home

As of February 2018

Stately and one of kind best describes this 2 story 5 bedroom 1.5 bath Colonial home built in approximately 1850+/-, with over 3300 sq. ft. This is a quite a house with huge rooms throughout and volume ceilings. Open foyer with mahogany wood staircase. Huge Living room with marble fireplace and original lighting, formal Dining room has coffered ceiling. Updated eat-in Kitchen with newer cabinetry, includes appliances. 1st floor bedroom or Library an 1/2 bath. Additional bedrooms up. This home has beautiful over-sized moldings and door transoms. Large partially fenced yard with carriage house.

Last Agent to Sell the Property

George Shanley

Coldwell Banker Real Estate Group License #475092481 Listed on: 08/25/2017

Coldwell Banker Real Estate Group

Last Buyer's Agent

George Shanley

Coldwell Banker Real Estate Group License #475092481 Listed on: 08/25/2017

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • 1850

Lot Details

  • Corner Lot

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • Vaulted Ceiling
  • Entrance Foyer
  • Sitting Room
  • Library
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Outdoor Features

  • Patio
  • Porch

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1850

Lot Details

0.33 Acres

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1850
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1850

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 10
  • Living Room: Dimensions: 15X29, On Level: Main Level, Flooring: Carpet, Windows: All
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 12X17, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 11X17, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Additional Rooms: Foyer, Sitting Room, 5th Bedroom, Library
  • Master Bedroom: Dimensions: 12X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Foyer, Dimensions: 9X25, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 2 Name: Sitting, Dimensions: 8X9, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 11X17, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 3 Name: 5th Bdrm, Dimensions: 9X10, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 4 Name: Library, Dimensions: 13X14, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 4: Dimensions: 10X14, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Estimated Sq Ft: 3308

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Schools

  • Junior High Dist: 141
  • Other Public School District: 513
  • Other Public School: IVCC
  • Elementary School #2: CENTRAL ELEMENTARY: 5TH AND 6TH

Lot Info

  • Lot Dimensions: 75X190
  • Lot Description: Corner
  • Parcel Identification Number: 2111307011

Tax Info

  • Taxes: 3683.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2017
Closed on
Feb 26, 2018
Sold by
Mcdermott Thomas B and Mcdermott Helen A
Bought by
Wilson Philip A and Wilson Rachel E S
Seller's Agent
George Shanley
Coldwell Banker Real Estate Group
Buyer's Agent
George Shanley
Coldwell Banker Real Estate Group
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$245,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,185
Avg. Annual Appreciation
9.84%
Original Mortgage
$97,750
Outstanding Balance
$83,303
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$161,882
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wilson Philip A $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Philip A $97,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2018 02/26/18 Sold $115,000 0.0% $35 / Sq Ft
12/17/2017 12/17/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $115,000 -- $35 / 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 $6,426 $68,392 $10,001 $58,391
2023 $5,815 $61,212 $8,951 $52,261
2022 $5,291 $55,556 $11,311 $44,245
2021 $4,954 $52,073 $10,602 $41,471
2020 $4,649 $49,466 $10,071 $39,395
2019 $4,753 $48,961 $9,968 $38,993
2018 $4,618 $47,786 $9,729 $38,057
2017 $4,440 $46,322 $9,431 $36,891
2016 $3,684 $44,336 $9,027 $35,309
2015 $3,446 $42,293 $8,611 $33,682
2012 -- $46,236 $9,414 $36,822
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09732546

Midwest Real Estate Data (MRED)

APN: 21-11-307011

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