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Ottawa 61350
2421 Circle Drive
$180,000
● House - Off Market

2421 Circle Drive

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,330 Ft²
$211,722
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

This all brick ranch home sits on a large lot on the northside of Ottawa in a cul-de-sac neighborhood. The hardwood floors, made of hickory, are throughout this 3 bedroom home.  Full basement with updated 1/2 bath, plus a bonus room that could be used for a 4th bedroom. Plenty of room to add a family room. Want upstairs laundry? The 3rd bedroom upstairs would be a perfect spot to put the laundry there! Check this conveniently located ranch home out!
Unit Size
1,330 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$139
Property Type
House
Property Taxes
$478
HOA Dues
-
Year Built
1958

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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: 3 years ago (MRED MLS #11133381)

Price History

Date / Event Date Event Price
Aug 17, 2021 Sold
Premium
Sold
Jun 23, 2021 Listed by Chismarick Realty, LLC $185,000
Listed by Chismarick Realty, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 1,330
  • Gross Building Area: 1,330
  • Building Area: 1,330
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,330
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GATES SUB
  • Land Acres: 0000000270
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: GATES SUB W1/2 NW1/4 NW1/4 SEC 1-33-3, LT 2 BLK 1

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 962600

Geography

  • District: OT
  • Parcel: 21-01-106-006
  • Block: 1
  • Lot: 2
  • Meridian: SEC 01 TWN 33 RNG 03
  • Municipality: OTTAWA TOWNSHIP
  • Latitude: 41.3663
  • Longitude: -88.8344

    Address

  • Full Address: 2421 Circle Dr
  • Address - House Number: 2421
  • Address - Street Name: Circle
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C004
  • 4-Digit Zip Code: 1219
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $655,631
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: OT002

    Appraisal Valuation

  • Standard Deviation: 0.2606
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 62
  • Final Value: 214,483
  • High Value: 270,396
  • Low Value: 158,570

    Market Valuation

  • Market Total Value: $200,853
  • Market Land Value: $50,466
  • Market Improvement Value: $150,387

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,951
  • Assessed Land Value: $16,822
  • Assessed Improvements Value: $50,129

    Sales

  • Current Sale Contract Date: Aug 16, 2021
  • Current Sale Recording Date: Aug 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 28
  • Current Sale Input Document Number: 2021-12995
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:

$229,250

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1740 ft²

Average Home Age

52.3 years

Currently For Sale

66 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: Beckie Chismarick, Chismarick Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11133381
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 2421 Circle Drive built and last sold?
The property at 2421 Circle Drive was built in 1958 and last sold on Aug 16, 2021 for $180,000.
How much is this home worth?
The estimated value of the home located at 2421 Circle Drive is $0.
What are some comparable homes to 2421 Circle Drive?
There are currently no comparable homes to 2421 Circle Drive.
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