NOT LISTED FOR SALE

801 1st Ave Ottawa, IL 61350

Estimated Value: $195,896

5 Beds
4 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold May 30, 2017

Last sale price $144,000

Est. 36% increase in value since last sale

Current estimated payment $1,437/month

13 Days on Market

Highlights

  • Property is near park
  • Forced Air Heating System
  • 4-minute walk to Kiwanis Park
  • 3 Car Detached Garage
  • Paved or Partially Paved Lot

About This Home

As of May 2017

Great Investment property, already rented, income already there! Beautiful Brick updated 2 unit investment property located on the southside of Ottawa. Updated fencing, roof, some windows and more to come! Unit #803 is a 3 bedroom, 1.5 bath. Updated kitchen, flooring, paint, and very useable basement. Unit #801 is also updated kitchen, flooring, & paint. This unit is a 2 Bedroom, 1.5 bath, also with useable space in the basement area. There is more work to come on both units, newer furnaces, C/A, upper windows, and some outside painting/refreshing, if successfully negotiated at the right price. He would also consider selling without any updates, price negotiable. Each unit also has a detached one car garage. Also enjoy the large covered front porch.

Last Agent to Sell the Property

Alice Green

Starved Rock Realty Listed on: 04/02/2017

Last Buyer's Agent

Karen Yade

Coldwell Banker Today's, Realtors License #475135674

Coldwell Banker Today's, Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,822

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 66 x 115
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Location

  • Property is near park

Schools

  • Mckinley Elementary School
  • Shepherd Middle School
  • Ottawa Township High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,822

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

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, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Paved

Schools

  • Elementary School: MCKINLEY ELEMENTARY SCHOOL
  • High School: OTTAWA TOWNSHIP HIGH SCHOOL
  • Middle/Junior School: SHEPHERD MIDDLE SCHOOL
  • Elementary School #2: CENTRAL ELEMENTARY: 5TH AND 6TH GRADE

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66 X 115
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18

Tax Info

  • Tax Annual Amount: 3821.96
  • Tax Year: 2015
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2017
Closed on
May 30, 2017
Sold by
Couch Jason and Kim Lisa
Bought by
Schoch Matt
Seller's Agent
Alice Green
Starved Rock Realty
Buyer's Agent
Karen Yade
Coldwell Banker Today's, Realtors
List Price
$149,500
Sold Price
$144,000
Premium/Discount to List
-$5,500
-3.68%
Current Estimated Value
$195,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,896
Avg. Annual Appreciation
3.39%
Original Mortgage
$136,800
Outstanding Balance
$113,350
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$78,719

Purchase Details

Closed on
Aug 31, 2009
Sold by
Financial Plus Credit Union
Bought by
Couch Jason and Kim Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.27%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schoch Matt $144,000 --
Couch Jason $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoch Matt $136,800
Previous Owner Couch Jason $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2017 08/28/17 Off Market $144,000 -- --
05/30/2017 05/30/17 Sold $144,000 -3.7% --
04/15/2017 04/15/17 Pending -- -- --
04/02/2017 04/02/17 For Sale $149,500 -- --
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 $5,067 $49,016 $3,018 $45,998
2023 $5,177 $49,016 $3,018 $45,998
2022 $4,945 $46,241 $2,847 $43,394
2021 $4,977 $46,241 $2,847 $43,394
2020 $4,950 $46,241 $2,847 $43,394
2019 $5,117 $46,241 $2,847 $43,394
2018 $4,982 $45,060 $2,774 $42,286
2017 $4,194 $44,082 $2,714 $41,368
2016 $4,035 $42,509 $2,617 $39,892
2015 $3,822 $40,683 $2,505 $38,178
2012 -- $41,475 $2,554 $38,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09585108

Midwest Real Estate Data (MRED)

APN: 22-14-242004