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Ottawa 61350
2703 Everette Road
$200,000
● House - Off Market

2703 Everette Road

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,490 Ft²
$208,591
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Welcome to your dream home - a beautiful 3 bed and 1.5 bath brick ranch nestled in a peaceful neighborhood! The home boasts a large open concept kitchen and living room area with hardwood floors, adjacent to a separate dining area that's ideal for entertaining. French doors off the dining room lead to a deck overlooking a private back yard. The kitchen features ample cabinet space, an island open to the living room, and a washer/dryer closet on the main level. With new carpet and fresh paint, this home is move in ready!
Unit Size
1,490 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$141
Property Type
House
Property Taxes
$485
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11845359)

Price History

Date / Event Date Event Price
Sep 19, 2023 Sold
Premium
Sold
Jul 28, 2023 Listed by TCG Realty $209,900
Listed by TCG Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • 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: 15,458
  • Total Building Area: 1,490
  • Gross Building Area: 1,490
  • Building Area: 1,490
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,490
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DUDGEONS THIRD SUB
  • Land Acres: 0000000354
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DUDGEON'S 3RD SUB, LT 3 & ADJ N33' VAC RD SEC 36-34-3

Neighborhood

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

Geography

  • District: DA
  • Parcel: 14-36-303-008
  • Lot: 3
  • Meridian: SEC 36 TWN 34 RNG 03
  • Municipality: DAYTON TOWNSHIP
  • Latitude: 41.3699
  • Longitude: -88.8321

    Address

  • Full Address: 2703 Everette Rd
  • Address - House Number: 2703
  • Address - Street Name: Everette
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C018
  • 4-Digit Zip Code: 1017
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $630,338
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: DA007

    Appraisal Valuation

  • Standard Deviation: 0.2659
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 62
  • Final Value: 212,095
  • High Value: 268,509
  • Low Value: 155,681

    Market Valuation

  • Market Total Value: $175,215
  • Market Land Value: $41,466
  • Market Improvement Value: $133,749

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,405
  • Assessed Land Value: $13,822
  • Assessed Improvements Value: $44,583

    Sales

  • Current Sale Contract Date: Sep 19, 2023
  • Current Sale Recording Date: Sep 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-10103
  • Previous Sale Recording Date: Oct 28, 2019
  • Previous Sale Contract Date: Oct 25, 2019
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 71

    Last Sale Mortgage

  • First Mortgage Transaction Date:
    Premium
  • First Mortgage Loan Type:
    Premium
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

53

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

Rentals Near You

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MRED

Listed by: Kimberly Hanouw, TCG Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11845359
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 2703 Everette Road built and last sold?
The property at 2703 Everette Road was built in 1964 and last sold on Sep 19, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 2703 Everette Road is $0.
What are some comparable homes to 2703 Everette Road?
There are currently no comparable homes to 2703 Everette Road.
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