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300 West Joliet Street

300 West Joliet Street, Ottawa, IL 61350
Property in Ottawa
Local assessors in Ottawa, IL have categorized 300 West Joliet Street as a commercial type of property. The home was built in 1905 and is 119 years old. The property's lot size has been calculated to be 5,275 square feet. If we look only at the heated or air conditioned part of the building, then 300 West Joliet Street has a total of 740 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, 300 West Joliet Street sold most recently in Aug 29, 2019 for a total of $351,000. If you work out the math, that's approximately a cost of $474.32 per sqft. Before that, the property was also sold for $35,000 in Jul 22, 2011. 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 $879 in taxes each year. 300 West Joliet Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $8,231. If we break it down further, the land itself was valued at $4,087. Improvements to the property, however, were assessed at a total of $4,144. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,275
  • Total Building Area: 740
  • Gross Building Area: 740
  • Building Area: 740
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 740
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: OTTAWA NORTH ADDITION TO OTTAWA
  • Land Acres: 0.121
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: OTTAWA NORTH, E48 1/2' S 1/2 LT 1 BLK 8 SEC 2-33-3

Ownership

  • Current Owner : FIRST NATIONAL BANK OF OTTAWA
  • Previous Owner : BANUSHI NEXHAT
  • Owner Before Previous Owner: SMITH BRIAN D
  • Owner Before Previous Owner 2: SMITH FLORENCE F
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Sep 04, 2023

Neighborhood

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

Geography

  • District: OT
  • Parcel: 21-02-416-010
  • Block: 8
  • Lot: 1
  • Meridian: SEC 02 TWN 33 RNG 03
  • Municipality: OTTAWA TOWNSHIP
  • Latitude: 41.3563
  • Longitude: -88.8443

    Address

  • Full Address: 300 W Norris Dr
  • Address - House Number: 300
  • Street Direction: W
  • Address - Street Name: Norris
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C002
  • 4-Digit Zip Code: 1433
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $879
  • Tax Rate Code Area: OT002

    Market Valuation

  • Market Total Value: $24,693
  • Market Land Value: $12,261
  • Market Improvement Value: $12,432

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,231
  • Assessed Land Value: $4,087
  • Assessed Improvements Value: $4,144

    Sales

  • Current Sale Contract Date: Aug 29, 2019
  • Current Sale Recording Date: Aug 29, 2019
  • Current Sale Transaction ID: 11642156552
  • Current Sale Price: $351,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201910947
  • Previous Sale Recording Date: Jul 26, 2011
  • Previous Sale Contract Date: Jul 22, 2011
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDLAND STATES BANK
  • First Mortgage Transaction Date: Aug 29, 2019
  • First Mortgage Loan Amount: $323,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

About Ottawa



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Frequently Asked Questions

What neighborhood is 300 West Joliet Street located in?
The 300 West Joliet Street is a located in the neighborhood of Ottawa in Ottawa, Ottawa.
What is the average sales price for listings in 300 West Joliet Street?
The average sales price for units in 300 West Joliet Street is $0 currently.

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