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Ottawa 61350
308 Windsor Drive
$153,000
● House - Off Market

308 Windsor Drive

OTTAWA, IL 61350
bedrooms
3 Beds
bathrooms
2 Baths
$326,949
RealtyHop Estimate
95.19%
Since Oct 1, 2008
National-US
Primary Model

About This Property

Same owners for 30 yrs.  Clean, well maintained 3 BR, 2 BA Brick Ranch on "cul de sac" like street.  Virtually no thru traffic.  One of the nicest back yards in town, surrounded by trees & private.  Full basement ready to finish, very usable. Dining room AND eat in kitchen. Appliances stay. Warm & inviting home. Check this one out!   NEW ROOF IN APRIL!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$160
HOA Dues
-
Year Built
1978

Payment Calculator

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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

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • 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: 8,712
  • Total Building Area: 1,375
  • Gross Building Area: 1,375
  • Building Area: 1,375
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,375
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINDSOR ESTATES SUB UNIT 2
  • Land Acres: 0000000200
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: WINDSOR ESTATES II LOT 11

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 963500

Geography

  • District: SO
  • Parcel: 22-23-206-027
  • Lot: 11
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.3231
  • Longitude: -88.8436

    Address

  • Full Address: 308 Windsor Dr
  • Address - House Number: 308
  • Address - Street Name: Windsor
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C015
  • 4-Digit Zip Code: 4737
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: SO001

    Appraisal Valuation

  • Standard Deviation: 0.277
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 60
  • Final Value: 206,719
  • High Value: 263,985
  • Low Value: 149,453

    Market Valuation

  • Market Total Value: $173,676
  • Market Land Value: $34,827
  • Market Improvement Value: $138,849

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,892
  • Assessed Land Value: $11,609
  • Assessed Improvements Value: $46,283

    Sales

  • Current Sale Contract Date: Aug 15, 2023
  • Current Sale Recording Date: Aug 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-08556
  • Previous Sale Recording Date: Dec 01, 2022
  • Previous Sale Contract Date: Dec 01, 2022
  • Previous Sale Document Type: 29

    Last Sale Mortgage

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

    Previous Mortgages

  • Previous Mortgage Transaction Date:
    Premium
  • Previous 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:

$229,500

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

Unit for rent at 615 Green Street, Ottawa, IL, 61350

$950 /mo

  • 2 Beds
  • 1 Bath
  • 600 ft²
615 Green Street #LOWER, Ottawa, IL, 61350 Listing by Shawn Sell
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: Shirlene Peterson, Swanson Real Estate
Data Source: MRED, MLS# MRD06943241
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 308 Windsor Drive built and last sold?
The property at 308 Windsor Drive was built in 1978 and last sold on Aug 15, 2023 for $206,000.
How much is this home worth?
The estimated value of the home located at 308 Windsor Drive is $211,737.
What are some comparable homes to 308 Windsor Drive?
There are currently no comparable homes to 308 Windsor Drive.
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