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Ottawa 61350
1422 Pembrook Lane
$240,000
● House - Off Market

1422 Pembrook Lane

OTTAWA, IL 61350
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,880 Ft²
$483,434
RealtyHop Estimate
86.01%
Since May 1, 2008
National-US
Primary Model

About This Property

New construction of 3000 sq ft in popular Pembrook Subd. Spacious kitchen with H&B maple cabinets & hardwood floor. Oak trim. 6 panel doors. Oversized garage (24x28). Very large bedrooms all with walk-in closets. Large 4th bedroom bonus room over garage. Front formal living room. Upper laundry located by bedrooms
Unit Size
2,880 Ft²
Days on Market
-
Land Size
-
Price per sqft
$90
Property Type
House
Property Taxes
$4
HOA Dues
$25
Year Built
2006

Payment Calculator

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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.

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • 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: 11,761
  • Total Building Area: 2,744
  • Gross Building Area: 2,744
  • Building Area: 2,744
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEMBROOK SUBD
  • Land Acres: 0000000270
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: PEMBROOK SUBD PHASE 1 LOT 44

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 963500

Geography

  • District: SO
  • Subdivision Phase Number: 1
  • Parcel: 22-22-204-009
  • Lot: 44
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.322
  • Longitude: -88.8565

    Address

  • Full Address: 1422 Pembrook Ln
  • Address - House Number: 1422
  • Address - Street Name: Pembrook
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Ottawa
  • Carrier Code: R004
  • 4-Digit Zip Code: 9149
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $870,832
  • Tax Rate Code Area: SO001

    Appraisal Valuation

  • Standard Deviation: 0.1319
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 73
  • Final Value: 274,334
  • High Value: 310,526
  • Low Value: 238,141

    Market Valuation

  • Market Total Value: $262,284
  • Market Land Value: $44,016
  • Market Improvement Value: $218,268

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $87,428
  • Assessed Land Value: $14,672
  • Assessed Improvements Value: $72,756

    Sales

  • Current Sale Contract Date: Apr 14, 2008
  • Current Sale Recording Date: Apr 15, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2008-08247
  • Previous Sale Recording Date: Sep 07, 2005
  • Previous Sale Contract Date: Sep 06, 2005
  • Previous Sale Amount: $32,900
  • Previous Sale Document Type: 69
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

54

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 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: Theresa Poundstone, ABR,CRS,GRI, Haeberle & Associates Inc.
Data Source: MRED, MLS# MRD06229245
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 1422 Pembrook Lane built and last sold?
The property at 1422 Pembrook Lane was built in 2006 and last sold on Apr 14, 2008 for $240,000.
How much is this home worth?
The estimated value of the home located at 1422 Pembrook Lane is $274,297.
What are some comparable homes to 1422 Pembrook Lane?
There are currently no comparable homes to 1422 Pembrook Lane.
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