NOT LISTED FOR SALE

525 2nd Ave Ottawa, IL 61350

Estimated Value: $111,000 - $148,000

2 Beds
1 Bath
900 Sq Ft
$141/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $70,000 $78 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $928/month

9 Days on Market

Highlights

  • 1 Car Detached Garage
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System
  • Porch
  • 1-Story Property
  • 3-minute walk to Kiwanis Park

About This Home

As of April 2022

Move in Ready! Two bedroom home located in a great southside location. Has a large front porch, beautiful bay window, eat-in kitchen, and a garage.

Last Agent to Sell the Property

Kimberly Hanouw

TCG Realty License #475178903 Listed on: 03/09/2022

Co-Listed By

Gentry Nordstrom

TCG Realty License #471020495

Last Buyer's Agent

Gina Stoudt

Fathom Realty License #471017746

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,273

Year Built

  • Built in 1905

Lot Details

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

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Stucco

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Tideland Water Rights
  • Porch

Schools

  • Mckinley Elementary: K-4Th Grade
  • Shepherd Middle School
  • Ottawa Township High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,273

Year Built

Built in 1905

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: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Full Bath
  • LivingArea: 900
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 900
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 70000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 2
  • Number of Cars: 3
  • 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: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Water Rights, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Mckinley Elementary: K-4th Grade
  • High School: Ottawa Township High School
  • Middle/Junior School: Shepherd Middle School
  • Middle/Junior School District: 141
  • Elementary School #2: Central Elementary: 5th and 6th Grade

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 60X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2273.28
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Apr 20, 2022
Sold by
Buxton Ventures Llc
Bought by
Wendt Jourdan
Seller's Agent
Kimberly Hanouw
TCG Realty
Buyer's Agent
Gina Stoudt
Fathom Realty
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$126,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,661
Avg. Annual Appreciation
18.49%
Original Mortgage
$56,000
Outstanding Balance
$52,999
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$70,780

Purchase Details

Listed on
Jun 27, 2018
Closed on
Jul 23, 2019
Sold by
Gillette Donald L and Gillette Betty L
Bought by
Buxton Ventures Llc
Seller's Agent
Larry Windsor
Windsor Realty
Buyer's Agent
Katrina Jarrell
Janko Realty & Development - Peru
List Price
$67,500
Sold Price
$54,000
Premium/Discount to List
-$13,500
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$40,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 7, 2012
Closed on
Aug 31, 2012
Sold by
Pointer Julie A and Pointer Steven T
Bought by
Gillette Donald L and Gillette Betty L
Seller's Agent
Jeffrey Plesko
Coldwell Banker Real Estate Group
Buyer's Agent
Judith McConville
Coldwell Banker Real Estate Group
List Price
$59,000
Sold Price
$44,000
Premium/Discount to List
-$15,000
-25.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wendt Jourdan $70,000 None Available
Buxton Ventures Llc $54,000 None Available
Gillette Donald L $44,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wendt Jourdan $56,000
Previous Owner Buxton Ventures Llc $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $70,000 0.0% $78 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $70,000 +29.6% $78 / Sq Ft
07/23/2019 07/23/19 Sold $54,000 -13.6% $60 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
04/15/2019 04/15/19 Price Changed $62,500 -7.4% $69 / Sq Ft
06/27/2018 06/27/18 For Sale $67,500 +53.4% $75 / Sq Ft
08/31/2012 08/31/12 Sold $44,000 -25.4% $40 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
03/07/2012 03/07/12 For Sale $59,000 -- $54 / 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 $2,925 $28,293 $6,432 $21,861
2023 $2,748 $26,019 $5,915 $20,104
2022 $2,540 $23,755 $5,622 $18,133
2021 $2,397 $22,272 $5,271 $17,001
2020 $2,273 $21,236 $5,026 $16,210
2019 $2,279 $20,598 $4,875 $15,723
2018 $2,219 $20,073 $4,751 $15,322
2017 $2,163 $19,637 $4,648 $14,989
2016 $2,093 $18,936 $4,482 $14,454
2015 $998 $18,122 $4,289 $13,833
2012 -- $25,978 $7,880 $18,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11342846

Midwest Real Estate Data (MRED)

APN: 22-13-107013