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320 Midwestern Drive

320 Midwestern Drive, Ottawa, IL 61350
Property in South Ottawa
Sold Mar 30, 2021
Transfer
$144,177 by Quicken Loans Inc
Mortgage Due Mar 30, 2051
Sold Feb 23, 2018
$143,500
$140,900 by Quicken Loans Inc
Mortgage Due Mar 01, 2048
Local assessors in Ottawa, IL have categorized 320 Midwestern Drive as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 10,890 square feet.

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. Prior to that sales transaction, the property was also sold in Feb 19, 2018 for $143,500. 320 Midwestern Drive was last assessed in 2022. The total value of the property was assessed at $48,413. Specifically, the land the property is located on was valued at $9,423. While improvements on the property were assessed at a total of $38,990. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,536. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MIDWESTERN SUB
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: MIDWESTERN SUB, LT 10 SEC 13-33-3

Ownership

  • Current Owner : BAYER CHRIS
  • Previous Owner : BAYER CHRIS
  • Previous Owner 2: BAYER MELANIE NOELLE
  • Owner Before Previous Owner: LOWRY RICHARD C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: SO
  • Parcel: 22-13-346-011
  • Lot: 10
  • Meridian: SEC 13 TWN 33 RNG 03
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.3279
  • Longitude: -88.8348

    Address

  • Full Address: 320 Midwestern Dr
  • Address - House Number: 320
  • Address - Street Name: Midwestern
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C011
  • 4-Digit Zip Code: 4565
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,536
  • Tax Rate Code Area: SO001

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 153,292
  • High Value: 223,010
  • Low Value: 83,573

    Open Liens

  • Total Open Liens: 4
  • Total Open Liens Amount: $170,046
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Mar 30, 2021
  • First Open Lien Mortgage Loan Amount: $144,177
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 30, 2051
  • Second Open Lien Mortgage Lender: HUD
  • Second Open Lien Mortgage Recording Date: Jun 01, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $8,526
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2050
  • Third Open Lien Mortgage Lender: HUD
  • Third Open Lien Mortgage Recording Date: May 26, 2022
  • Third Open Lien Mortgage Financing Type: Fixed Rate
  • Third Open Lien Mortgage Loan Amount: $10,499
  • Third Open Lien Mortgage Term: 339
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Sep 01, 2050
  • Fourth Open Lien Mortgage Lender: HUD
  • Fourth Open Lien Mortgage Recording Date: Jan 10, 2024
  • Fourth Open Lien Mortgage Financing Type: Fixed Rate
  • Fourth Open Lien Mortgage Loan Amount: $6,844
  • Fourth Open Lien Mortgage Term: 319
  • Fourth Open Lien Mortgage Interest Rate Type: Y
  • Fourth Open Lien Mortgage Position: 4
  • Fourth Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $145,239
  • Market Land Value: $28,269
  • Market Improvement Value: $116,970

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,413
  • Assessed Land Value: $9,423
  • Assessed Improvements Value: $38,990

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Mar 30, 2021
  • Current Sale Transaction ID: 11828932894
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2021-04850
  • Previous Sale Recording Date: Feb 23, 2018
  • Previous Sale Contract Date: Feb 19, 2018
  • Previous Sale Amount: $143,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Mar 30, 2021
  • First Mortgage Loan Amount: $144,177
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Open Lien Mortgages

  • Third Open Lien Mortgage Interest Rate Type: Y

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Feb 23, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $140,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2048

About Ottawa



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Frequently Asked Questions

What neighborhood is 320 Midwestern Drive located in?
The 320 Midwestern Drive is a located in the neighborhood of South Ottawa in Ottawa, Ottawa.
What is the average sales price for listings in 320 Midwestern Drive?
The average sales price for units in 320 Midwestern Drive is $0 currently.

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