NOT LISTED FOR SALE

722 W Main St Ottawa, IL 61350

Estimated Value: $129,000

3 Beds
3 Baths
-- Sq Ft
9,888 Sq Ft Lot

Last Sold September 27, 2016

Last sale price $52,000

Est. 148% increase in value since last sale

Current estimated payment $815/month

27 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • 5-minute walk to Rigden Park
  • 3 Car Detached Garage

About This Home

As of September 2016

2-3 unit apartment building, being sold "AS IS", 2 apartments upper level and 1 unit on first floor. 3 car detached garage on a corner lot. First floor apartment has been gutted and rough in bath, etc. 2nd floor has baseboard heat. 2nd floor could be 1 large 2 bedroom 2 ba. apartment or 2 / 1 bedroom units. 1st floor has no heating system. Walk Up attic.

Last Agent to Sell the Property

George Shanley

Coldwell Banker Real Estate Group License #475092481 Listed on: 08/16/2016

Coldwell Banker Real Estate Group

Last Buyer's Agent

Kim Kettman

Re/Max Country

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 66x160
  • Corner Lot

Parking

  • 3 Car Detached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Schools

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

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove

Exterior Features

  • List Price: 49000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Fee Information

  • Other Expenses $: 0

Schools

  • Elementary School: LINCOLN 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 Dimensions: 66X160
  • Zoning: MULTI
  • 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: 3545.5
  • Tax Year: 2015
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
Sep 21, 2016
Sold by
Old Second National Bank
Bought by
Mlc Trust No 063014Jl
Seller's Agent
George Shanley
Coldwell Banker Real Estate Group
Buyer's Agent
Kim Kettman
Re/Max Country
List Price
$49,000
Sold Price
$52,000
Premium/Discount to List
$3,000
6.12%
Current Estimated Value
$129,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,000

Purchase Details

Closed on
Jul 18, 2016
Sold by
Lasalle County Sheriff
Bought by
Old Second National Bank

Purchase Details

Closed on
Jun 14, 2005
Sold by
Carstens Larry L and Last Will And Testament Of Oli
Bought by
Bohm Thomas Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Mlc Trust No 063014Jl $52,000 --
Old Second National Bank -- --
Bohm Thomas Earl $148,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bohm Thomas Earl $130,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2016 09/27/16 Sold $52,000 +6.1% --
09/12/2016 09/12/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $49,000 -- --
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 $4,567 $44,344 $8,697 $35,647
2023 $4,671 $44,344 $8,697 $35,647
2022 $4,466 $41,834 $8,205 $33,629
2021 $4,498 $41,834 $8,205 $33,629
2020 $4,475 $41,834 $8,205 $33,629
2019 $4,628 $41,834 $8,205 $33,629
2018 $4,624 $41,834 $8,205 $33,629
2017 $4,606 $41,834 $8,205 $33,629
2016 $3,762 $40,040 $7,853 $32,187
2015 $3,546 $38,195 $7,491 $30,704
2012 -- $41,755 $8,189 $33,566
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09318699

Midwest Real Estate Data (MRED)

APN: 21-11-302008