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1435 West Lafayette Street

1435 West Lafayette Street, Ottawa, IL 61350
Property in Ottawa
Sold Dec 07, 2022
$82,000
$77,900 by Jp Morgan Chase Bank
Mortgage Due Dec 07, 2052
Sold Nov 23, 2022
Transfer
1435 West Lafayette Street in Ottawa, IL was first built in 1949 and is 75 years old. This has been categorized as a residential property type. 1435 West Lafayette Street has 922 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,970 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1435 West Lafayette Street was last sold in Nov 28, 2022 for $82,000. According to our calculations, that's $88.94 per sqft. Current property owners are expected to pay $2,581 in taxes per year. The property on 1435 West Lafayette Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $30,171. To break that down further, the land itself was valued at $6,384. While improvements to the property were assessed at a total of $23,787. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 922
  • Gross Building Area: 922
  • Building Area: 922
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 922
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHOMAS ADD
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SCHOMAS ADD, LT 4 BLK 2 SEC 10-33-3

Ownership

  • Current Owner : ROSALES JOSE
  • Current Owner 2: GUZMAN EMILY N
  • Previous Owner : CHAMPAIGN INVESTMENT LLC
  • Owner Before Previous Owner: LASALLE COUNTY SHERIFF
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

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

Geography

  • District: OT
  • Parcel: 21-10-215-010
  • Block: 2
  • Lot: 4
  • Meridian: SEC 10 TWN 33 RNG 03
  • Municipality: OTTAWA TOWNSHIP
  • Latitude: 41.3496
  • Longitude: -88.8623

    Address

  • Full Address: 1435 W Lafayette St
  • Address - House Number: 1435
  • Street Direction: W
  • Address - Street Name: Lafayette
  • Address - Suffix Type: St
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C005
  • 4-Digit Zip Code: 1765
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,581
  • Tax Rate Code Area: OT002

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 231,546
  • High Value: 325,323
  • Low Value: 137,768

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $77,900
  • First Open Lien Mortgage Lender: JP MORGAN CHASE BANK
  • First Open Lien Mortgage Recording Date: Dec 07, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $77,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 07, 2052

    Market Valuation

  • Market Total Value: $90,513
  • Market Land Value: $19,152
  • Market Improvement Value: $71,361

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,171
  • Assessed Land Value: $6,384
  • Assessed Improvements Value: $23,787

    Sales

  • Current Sale Contract Date: Nov 28, 2022
  • Current Sale Recording Date: Dec 07, 2022
  • Current Sale Transaction ID: 11899889724
  • Current Sale Price: $82,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-15468
  • Previous Sale Recording Date: Nov 23, 2022
  • Previous Sale Contract Date: Nov 02, 2022
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: JP MORGAN CHASE BANK
  • First Mortgage Transaction Date: Dec 07, 2022
  • First Mortgage Loan Amount: $77,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Transaction Date: Nov 23, 2022
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Ottawa



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Frequently Asked Questions

What neighborhood is 1435 West Lafayette Street located in?
The 1435 West Lafayette Street is a located in the neighborhood of Ottawa in Ottawa, Ottawa.
What is the average sales price for listings in 1435 West Lafayette Street?
The average sales price for units in 1435 West Lafayette Street is $0 currently.

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