NOT LISTED FOR SALE

515 E Canal Ave Ottawa, IL 61350

Estimated Value: $85,000 - $101,000

2 Beds
1 Bath
848 Sq Ft
$111/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $78,000 $92 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $624/month

3 Days on Market

Highlights

  • Property is near park
  • Tennis Courts
  • Living Room
  • Community Pool
  • 1 Car Detached Garage
  • Laundry Room

About This Home

As of August 2023

Affordable two bedroom home in great location near the I&M canal! 1 car detached garage. 2 bedroom, 1 bath, eat in kitchen with large stainless steel sink, main level laundry room. Nice backyard with Bilco door for basement access. Updated plumbing, newer hot water heater. Roof approximately 6 years.

Last Agent to Sell the Property

Wendy Fulmer

Coldwell Banker Today's, Realtors Listed on: 07/24/2023

Coldwell Banker Today's, Realtors

Co-Listed By

Karen Zermeno

Coldwell Banker Today's, Realtors

Last Buyer's Agent

Jacqueline Goldman

Nest Equity Realty License #475176484

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,195

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 49.4x99.8x49.6x99.7

Parking

  • 1 Car Detached Garage
  • No Garage
  • Gravel Driveway
  • Parking Included in Price

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 848 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Location

  • Property is near park

Schools

  • Ottawa Township High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Tennis Courts
  • Community Pool

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,195

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1920
  • 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): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 848
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: None
  • Total Sq Ft: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Block, Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway
  • ParkingTotal: 5
  • Driveway: Gravel
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: Fuses
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s)
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Ottawa Township High School

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 49.4X99.8X49.6X99.7
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1194.72
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Aug 23, 2023
Sold by
Farmer Jared T
Bought by
Bouti Eric
Seller's Agent
Wendy Fulmer
Coldwell Banker Today's, Realtors
Buyer's Agent
Jacqueline Goldman
Nest Equity Realty
List Price
$69,900
Sold Price
$78,000
Premium/Discount to List
$8,100
11.59%
Views
95
Current Estimated Value
$94,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,459
Avg. Annual Appreciation
8.45%
Original Mortgage
$62,400
Outstanding Balance
$60,962
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$33,497

Purchase Details

Closed on
Jun 22, 2018
Sold by
Martinez Vera A and Martinez Thomas W
Bought by
Farmer Jared T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,434
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2007
Sold by
Martinez Vera A
Bought by
Martinez Vera A and Martinez Thomas W
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
Bouti Eric $78,000 None Available
Farmer Jared T $40,000 None Available
Martinez Vera A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bouti Eric $62,400
Previous Owner Farmer Jared T $43,434
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $78,000 +11.6% $92 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $69,900 -- $82 / 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 $1,561 $21,161 $4,557 $16,604
2023 $1,363 $18,940 $4,079 $14,861
2022 $1,195 $17,190 $4,901 $12,289
2021 $1,087 $16,112 $4,594 $11,518
2020 $995 $15,305 $4,364 $10,941
2019 $1,012 $15,149 $4,320 $10,829
2018 $0 $14,785 $4,216 $10,569
2017 $0 $14,332 $4,087 $10,245
2016 $0 $13,718 $3,912 $9,806
2015 -- $13,086 $3,732 $9,354
2012 -- $14,306 $4,080 $10,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11841220

Midwest Real Estate Data (MRED)

APN: 21-12-110002