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Ottawa 61350
1020 Piper Street
$73,390
● House - Off Market

1020 Piper Street

Ottawa, IL 61350
bedrooms
2 Beds
bathrooms
1 Bath
square feet
768 Ft²
$105,155
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Well maintained 2 bedroom home on corner lot, recently completed breezeway that could be converted into additional living space - large heated garage - foundation was completely redone in the last few years - tons of potential
Unit Size
768 Ft²
Days on Market
-
Land Size
-
Price per sqft
$98
Property Type
House
Property Taxes
$155
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #10444435)

Price History

Date / Event Date Event Price
Jun 29, 2020 Sold
Premium
Sold
Jul 9, 2019 Listed by Coldwell Banker Real Estate Group $75,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,756
  • Total Building Area: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONNELLEES SUB
  • Land Acres: 0000000109
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: CONNELLEE'S SUB, LT 10 BLK 5 SEC 10-33-3

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 962800

Geography

  • District: OT
  • Parcel: 21-10-210-001
  • Block: 5
  • Lot: 10
  • Meridian: SEC 10 TWN 33 RNG 03
  • Municipality: OTTAWA TOWNSHIP
  • Latitude: 41.3504
  • Longitude: -88.8634

    Address

  • Full Address: 1020 Piper St
  • Address - House Number: 1020
  • Address - Street Name: Piper
  • Address - Suffix Type: St
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C013
  • 4-Digit Zip Code: 1736
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $219,416
  • Tax Rate Code Area: OT002

    Appraisal Valuation

  • Standard Deviation: 0.2707
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 61
  • Final Value: 98,912
  • High Value: 125,694
  • Low Value: 72,130

    Market Valuation

  • Market Total Value: $79,653
  • Market Land Value: $16,203
  • Market Improvement Value: $63,450

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,551
  • Assessed Land Value: $5,401
  • Assessed Improvements Value: $21,150
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ottawa

Stats & Trends

Median Asking:

$229,700

Sale Price/ft²

$157

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1826 ft²

Average Home Age

58.7 years

Currently For Sale

63 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Gina Stoudt, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 10444435
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1020 Piper Street built and last sold?
The property at 1020 Piper Street was built in 1930 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1020 Piper Street is $0.
What are some comparable homes to 1020 Piper Street?
There are currently no comparable homes to 1020 Piper Street.
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