NOT LISTED FOR SALE

832 E Michigan St Ottawa, IL 61350

Estimated Value: $50,000 - $104,000

2 Beds
1 Bath
780 Sq Ft
$91/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $49,000 $63 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $494/month

18 Days on Market

About This Home

As of November 2023

Cozy one story home offers 2 bedrooms, 1 bath, living room, kitchen & separate dining room. Full basement with cellar access. Schedule a showing and see all the potential this home has to offer for the first-time buyer or investor! Sold AS-IS. Long term tenant would like to stay for any investor looking for immediate income.

Last Agent to Sell the Property

Cheri Moyers

Elm Street REALTORS License #4751411035 Listed on: 09/27/2023

Last Buyer's Agent

Cheri Moyers

Elm Street REALTORS License #4751411035 Listed on: 09/27/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,232

Year Built

  • Built in 1906

Lot Details

  • Lot Dimensions are 50.7 x 71.7 x 52.5 x 57.2

Home Design

  • Aluminum Siding

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Ottawa Township High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,232

Year Built

Built in 1906

Lot Details

0

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: 1906
  • 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

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 780
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 780
  • Basement Description: Unfinished,Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 62000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Ottawa Township High School
  • Middle/Junior School District: 141

Lot Info

  • Lot Dimensions: 50.7 X 71.7 X 52.5 X 57.2
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 1232.29
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Nov 3, 2023
Sold by
Brue David
Bought by
832 E Michigan St Ottawa Llc
Seller's Agent
Cheri Moyers
Elm Street REALTORS
Buyer's Agent
Cheri Moyers
Elm Street REALTORS
List Price
$62,000
Sold Price
$49,000
Premium/Discount to List
-$13,000
-20.97%
Views
146
Current Estimated Value
$71,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,112
Avg. Annual Appreciation
20.93%

Purchase Details

Listed on
Jan 13, 2012
Closed on
Feb 20, 2012
Sold by
Deutsche Bank National Trust Co
Bought by
Brue David
Seller's Agent
Katie Troccoli
Washington Square, Realtors
Buyer's Agent
Cheri Moyers
Elm Street REALTORS
List Price
$21,000
Sold Price
$20,000
Premium/Discount to List
-$1,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%

Purchase Details

Closed on
Dec 20, 2011
Sold by
Velazquez Andres
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Oct 18, 2008
Sold by
Vattierra Doloree
Bought by
Vattierra Doloree

Purchase Details

Closed on
Dec 7, 2006
Sold by
Velazquez Andres and Valtierra Delores M
Bought by
Velazquez Andres and Valtierra Delores M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.24%
Mortgage Type
Assumption
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
832 E Michigan St Ottawa Llc $49,000 None Available
Brue David $20,199 Chicago Title Insurance Comp
Deutsche Bank National Trust Co -- None Available
Vattierra Doloree -- None Available
Velazquez Andres -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velazquez Andres $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2023 11/03/23 Sold $49,000 -21.0% $63 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $62,000 +210.0% $79 / Sq Ft
03/23/2012 03/23/12 Sold $20,000 -4.8% $22 / Sq Ft View Prior Sale
01/24/2012 01/24/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $21,000 -- $23 / 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 $1,452 $14,102 $3,013 $11,089
2023 $1,329 $12,622 $2,697 $9,925
2022 $1,223 $11,456 $2,458 $8,998
2021 $1,155 $10,738 $2,304 $8,434
2020 $1,091 $10,201 $2,189 $8,012
2019 $1,117 $10,097 $2,167 $7,930
2018 $1,097 $9,855 $2,115 $7,740
2017 $1,052 $9,553 $2,050 $7,503
2016 $1,010 $9,143 $1,962 $7,181
2015 $961 $8,722 $1,872 $6,850
2012 -- $11,549 $2,046 $9,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11893521

Midwest Real Estate Data (MRED)

APN: 21-12-103003