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Ottawa 61350
1414 Birchlawn Place
$126,000
● House - Off Market

1414 Birchlawn Place

Ottawa, IL 61350
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,194 Ft²
$173,706
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

You must see this immaculate and charming ranch.  One owner, custom built home in established historic neighborhood near the Illinois River.  Eat-in kitchen with pocket doors to dining room and basement.  All appliances plus washer & dryer included. New furnace 2016, furnace and central air serviced annually.  Hardwood flooring under carpet throughout the home.  Plenty of closets. Accessible attic has pull down stairs for extra storage.  Two car detached garage with alley access.  Picture Perfect!!
Unit Size
1,194 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$108
Property Type
House
Property Taxes
$104
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 years ago (MRED MLS #10811216)

Price History

Date / Event Date Event Price
Sep 28, 2020 Sold
Premium
Sold
Aug 6, 2020 Listed by Windsor Realty $128,500
Listed by Windsor Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 7,118
  • Total Building Area: 1,194
  • Gross Building Area: 1,194
  • Building Area: 1,194
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,194
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BIRCH LAWN SUB
  • Land Acres: 0000000163
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: BIRCHLAWN SUB, LT 22 BLK 1 SEC 10-33-3

Neighborhood

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

Geography

  • District: OT
  • Parcel: 21-10-429-028
  • Block: 1
  • Lot: 22
  • Meridian: SEC 10 TWN 33 RNG 03
  • Municipality: OTTAWA TOWNSHIP
  • Latitude: 41.3402
  • Longitude: -88.8602

    Address

  • Full Address: 1414 Birchlawn Pl
  • Address - House Number: 1414
  • Address - Street Name: Birchlawn
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C017
  • 4-Digit Zip Code: 3402
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $439,598
  • Tax Rate Code Area: OT002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 169,319
  • High Value: 192,371
  • Low Value: 146,266

    Market Valuation

  • Market Total Value: $141,522
  • Market Land Value: $23,577
  • Market Improvement Value: $117,945

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,174
  • Assessed Land Value: $7,859
  • Assessed Improvements Value: $39,315

    Sales

  • Current Sale Contract Date: Sep 25, 2020
  • Current Sale Recording Date: Sep 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-14926
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:

$229,500

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1752 ft²

Average Home Age

50.6 years

Currently For Sale

71 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

Unit for rent at 1952 Columbus Street, Ottawa, IL, 61350

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
1952 Columbus Street, Ottawa, IL, 61350 Listing by Delores Barrera
Unit for rent at 611 Webster Street, Ottawa, IL, 61350

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 980 ft²
611 Webster Street #B, Ottawa, IL, 61350 Listing by Irina Allison

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kimberly Eddy, Windsor Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 10811216
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 1414 Birchlawn Place built and last sold?
The property at 1414 Birchlawn Place was built in 1952 and last sold on Sep 25, 2020 for $126,000.
How much is this home worth?
The estimated value of the home located at 1414 Birchlawn Place is $0.
What are some comparable homes to 1414 Birchlawn Place?
There are currently no comparable homes to 1414 Birchlawn Place.
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