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1831 North 2703rd Road

1831 North 2703rd Road, Ottawa, IL 61350
House in Fall River
Sold Oct 08, 2020
$235,000
$230,743 by Compass Mortgage Corp
Mortgage
Local assessors in Ottawa, IL have categorized 1831 North 2703rd Road as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 23,958 square feet. If we look only at the heated or air conditioned part of the building, then 1831 North 2703rd Road has a total of 3,216 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1831 North 2703rd Road sold most recently in Sep 18, 2020 for a total of $235,000. If you work out the math, that's approximately a cost of $73.07 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,563 in taxes each year. 1831 North 2703rd Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $95,108. If we break it down further, the land itself was valued at $8,806. Improvements to the property, however, were assessed at a total of $86,302. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,958
  • Total Building Area: 3,216
  • Gross Building Area: 3,216
  • Building Area: 3,216
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,216
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKTON ACRES SUB
  • Land Acres: 0.55
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: OAKTON ACRES SUB, E1/2 LT 34 & ALL LT 35 SEC 18-33-4

Ownership

  • Current Owner : ESCATEL GRACIELA C
  • Current Owner 2: ESCATEL RAMIRO C
  • Previous Owner : BOWERS WILLIAM
  • Previous Owner 2: BOWERS NADINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 964000

Geography

  • District: FA
  • Parcel: 23-18-303-008
  • Lot: 34-35
  • Meridian: SEC 18 TWN 33 RNG 04
  • Municipality: FALL RIVER TOWNSHIP
  • Latitude: 41.3297
  • Longitude: -88.8128

    Address

  • Full Address: 1831 N 2703rd Rd
  • Address - House Number: 1831
  • Street Direction: N
  • Address - Street Name: 2703rd
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Ottawa
  • Carrier Code: R005
  • 4-Digit Zip Code: 9310
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,563
  • Tax Rate Code Area: FA003

    Appraisal Valuation

  • Standard Deviation: 0.2128
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 334,999
  • High Value: 406,302
  • Low Value: 263,695

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $249,504
  • First Open Lien Mortgage Lender: COMPASS MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 08, 2020
  • First Open Lien Mortgage Loan Amount: $230,743
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: HUD
  • Second Open Lien Mortgage Recording Date: Jan 04, 2024
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $18,761
  • Second Open Lien Mortgage Term: 320
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $285,324
  • Market Land Value: $26,418
  • Market Improvement Value: $258,906

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $95,108
  • Assessed Land Value: $8,806
  • Assessed Improvements Value: $86,302

    Sales

  • Current Sale Contract Date: Sep 18, 2020
  • Current Sale Recording Date: Oct 08, 2020
  • Current Sale Transaction ID: 11791705978
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-15400

    Last Sale Mortgage

  • First Mortgage Lender: COMPASS MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 08, 2020
  • First Mortgage Loan Amount: $230,743
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About LaSalle



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Frequently Asked Questions

What neighborhood is 1831 North 2703rd Road located in?
The 1831 North 2703rd Road is a house located in the neighborhood of Fall River in LaSalle, Ottawa.
What is the average sales price for listings in 1831 North 2703rd Road?
The average sales price for units in 1831 North 2703rd Road is $0 currently.

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