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LaSalle 61350
3063 E 15th Road
$237,000
● House - Off Market

3063 E 15th Road

OTTAWA, IL 61350
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,394 Ft²
$601,796
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model

About This Property

Ideal location north of Ottawa. 1.9 acres. Interesting ranch with vaulted ceilings, new roof, deck, water softener, plus a 1900 sq ft metal outbuilding with 2 electrical overhead doors. This 2394 sq ft ranch features 3 bedrooms plus a den/office, stone fireplace, slate floor in foyer, separate laundry room, and lots of storage. Minutes from town. Marble table on patio does not stay. Agent owned.
Unit Size
2,394 Ft²
Days on Market
-
Land Size
1.96 acres
Price per sqft
$133
Property Type
House
Property Taxes
$442
HOA Dues
-
Year Built
1966

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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: 2 years ago (MRED MLS #08319386)

Price History

Date / Event Date Event Price
Apr 14, 2014 Sold
Premium
Sold
Apr 17, 2013 Listed by RE/MAX 1st Choice $319,000
Listed by RE/MAX 1st Choice

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 106,286
  • Total Building Area: 2,364
  • Gross Building Area: 2,364
  • Building Area: 2,364
  • 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
  • Land Acres: 0000002440
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: PT NE1/4 33-34-3 COM SE COR NE1/4 N481.29 POB W317.31 N274.62 E309.87 S271.99 POB

Neighborhood

  • School District Name: Wallace Community Consolidated School District 195
  • Census Tract: 962200

Geography

  • District: WA
  • Parcel: 13-33-203-000
  • Municipality: WALLACE TOWNSHIP
  • Latitude: 41.3771
  • Longitude: -88.8751

    Address

  • Full Address: 3063 E 15th Rd
  • Address - House Number: 3063
  • Street Direction: E
  • Address - Street Name: 15th
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Ottawa
  • Carrier Code: R001
  • 4-Digit Zip Code: 9617
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $740,360
  • Tax Rate Code Area: WA002

    Appraisal Valuation

  • Standard Deviation: 0.1982
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 73
  • Final Value: 348,366
  • High Value: 417,436
  • Low Value: 279,296

    Market Valuation

  • Market Total Value: $261,498
  • Market Land Value: $49,533
  • Market Improvement Value: $211,965

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $87,166
  • Assessed Land Value: $16,511
  • Assessed Improvements Value: $70,655

    Sales

  • Current Sale Contract Date: Apr 14, 2014
  • Current Sale Recording Date: May 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201606731
  • Previous Sale Recording Date: Jun 01, 2012
  • Previous Sale Contract Date: May 30, 2012
  • Previous Sale Amount: $827,190
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 LaSalle

Stats & Trends

Median Asking:

$207,500

Sale Price/ft²

$146

Below Asking

0.02%

Average Days on Market

52

Average Home Size

3056 ft²

Average Home Age

71.4 years

Currently For Sale

284 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: Thomas Haeberle, RE/MAX 1st Choice
Last Updated: 2 years ago
Data Source: MRED, MLS# 08319386
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 3063 East 15th Road built and last sold?
The property at 3063 East 15th Road was built in 1966 and last sold on Apr 14, 2014 for $237,000.
How much is this home worth?
The estimated value of the home located at 3063 East 15th Road is $0.
What are some comparable homes to 3063 East 15th Road?
There are currently no comparable homes to 3063 East 15th Road.
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