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Ottawa 61350
2828 Emerald Drive
$275,000
● House - Off Market

2828 Emerald Drive

OTTAWA, IL 61350
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,500 Ft²
$564,109
RealtyHop Estimate
95.19%
Since Oct 1, 2008
National-US
Primary Model

About This Property

Beautiful all brick 3 bedroom ranch in wooded popular Northside subdivision-O'Donnell Woods.  Attached large 2 car garage. Rear covered patio with brick pillars.  Large Walk-in closet. Open floor plan.Vaulted Living Rm, formal dining room, and family room with 3 season room with large eat-in kitchen.Wallace School Dist, lower tax rate-8.54.  Taxes reflect higher value than list price-2007 assessment equal to 325K+-
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$116
Property Type
House
Property Taxes
$713
HOA Dues
-
Year Built
1996

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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.

Property Highlights

Garage
Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • 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: 15,956
  • Total Building Area: 2,512
  • Gross Building Area: 2,512
  • Building Area: 2,512
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ODONNELL WOODS SUB UNIT 1
  • Land Acres: 0000000366
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: O'DONNELL WOODS SUBD UNIT I LT 7 SEC 35-34-3

Neighborhood

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

Geography

  • District: DA
  • Parcel: 14-35-406-029
  • Lot: 7
  • Meridian: SEC 35 TWN 34 RNG 03
  • Municipality: DAYTON TOWNSHIP
  • Latitude: 41.3732
  • Longitude: -88.8413

    Address

  • Full Address: 2828 Emerald Dr
  • Legal Unit: 1
  • Address - House Number: 2828
  • Address - Street Name: Emerald
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C018
  • 4-Digit Zip Code: 1081
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: DA005

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 286,831
  • High Value: 325,883
  • Low Value: 247,778

    Market Valuation

  • Market Total Value: $307,041
  • Market Land Value: $54,426
  • Market Improvement Value: $252,615

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,347
  • Assessed Land Value: $18,142
  • Assessed Improvements Value: $84,205

    Sales

  • Current Sale Contract Date: Sep 02, 2008
  • Current Sale Recording Date: Sep 02, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 2008-19848
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:

$229,500

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1766 ft²

Average Home Age

51 years

Currently For Sale

70 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

Unit for rent at 1952 Columbus Street, Ottawa, IL, 61350

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
1952 Columbus Street, Ottawa, IL, 61350 Listing by Delores Barrera
Unit for rent at 611 Webster Street, Ottawa, IL, 61350

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 980 ft²
611 Webster Street #B, Ottawa, IL, 61350 Listing by Irina Allison

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Theresa Poundstone, ABR,CRS,GRI, Haeberle & Associates Inc.
Data Source: MRED, MLS# MRD06706046
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 2828 Emerald Drive built and last sold?
The property at 2828 Emerald Drive was built in 1996 and last sold on Sep 2, 2008 for $275,000.
How much is this home worth?
The estimated value of the home located at 2828 Emerald Drive is $395,190.
What are some comparable homes to 2828 Emerald Drive?
There are currently no comparable homes to 2828 Emerald Drive.
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