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LaSalle 61350
15 Bona Terra Drive
$125,000
● House - Off Market

15 Bona Terra Drive

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,008 Ft²
$154,341
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Come take a look at this rare, affordable, 3 bedroom ranch in Wallace School District!  Boasting a sizable eat-in kitchen and a master bed with 1/2 bath, you won't be disappointed.  Main bath has been totally redone. The partially finished basement includes an additional possible 2 bedrooms, rec room, and family room.  Enjoy a swim in the pool or how about a warm soak in your hot tub!!  Don't delay.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$146
Property Type
House
Property Taxes
$319
HOA Dues
$20
Year Built
1973

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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: 2 years ago (MRED MLS #11484542)

Price History

Date / Event Date Event Price
Oct 21, 2022 Sold
Premium
Sold
Aug 5, 2022 Listed by RE/MAX 1st Choice $147,500
Listed by RE/MAX 1st Choice

Property Highlights

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • 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: 6,970
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BONA TERRA SUB
  • Land Acres: 0000000160
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: BONA TERRA SUB, LT 7 BLK 4 SEC 35-34-3

Neighborhood

  • School District Name: Wallace Community Consolidated School District 195
  • Census Tract: 962600

Geography

  • District: WA
  • Parcel: 13-35-308-001
  • Block: 4
  • Lot: 7
  • Meridian: SEC 35 TWN 34 RNG 03
  • Municipality: WALLACE TOWNSHIP
  • Latitude: 41.3687
  • Longitude: -88.8536

    Address

  • Full Address: 15 Bona Terra Dr
  • Address - House Number: 15
  • Address - Street Name: Bona Terra
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C018
  • 4-Digit Zip Code: 1105
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $397,050
  • Tax Rate Code Area: WA002

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 276,054
  • High Value: 387,857
  • Low Value: 164,250

    Market Valuation

  • Market Total Value: $158,355
  • Market Land Value: $24,366
  • Market Improvement Value: $133,989

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,785
  • Assessed Land Value: $8,122
  • Assessed Improvements Value: $44,663

    Sales

  • Current Sale Contract Date: Oct 18, 2022
  • Current Sale Recording Date: Oct 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 41
  • Current Sale Input Document Number: 2022-13778

    Financing

  • First Mortgage Financing Type: FIX
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 LaSalle

Stats & Trends

Median Asking:

$206,900

Sale Price/ft²

$146

Below Asking

0.02%

Average Days on Market

52

Average Home Size

3058 ft²

Average Home Age

71.3 years

Currently For Sale

285 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: Douglas Carroll, RE/MAX 1st Choice
Last Updated: 2 years ago
Data Source: MRED, MLS# 11484542
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 15 Bona Terra Drive built and last sold?
The property at 15 Bona Terra Drive was built in 1973 and last sold on Oct 18, 2022 for $125,000.
How much is this home worth?
The estimated value of the home located at 15 Bona Terra Drive is $149,574.
What are some comparable homes to 15 Bona Terra Drive?
There are currently no comparable homes to 15 Bona Terra Drive.
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