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LaSalle 61373
3495 E 12th Road
$214,900
● House - Off Market

3495 E 12th Road

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,602 Ft²
$297,969
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Have you ever wanted to live in the country? You'll love this 1.5 story, low maintenance home situated on approximately 1.6 acres.  This 3 bedroom, 1.5 bath property with oversized garage boasts a 1st floor master bedroom, 1st floor laundry, large second floor bedrooms, and a useable basement.  Spacious kitchen with plenty of room for family and friends.  Enjoy quiet country evenings on your large south facing patio with a trellis to help shade those extra sunny days. Plenty of room for your toys in the 28x36 shed. New siding in 2018, HW heater 2018, roof 2017, and furnace 2017. Listing agent is related to seller.
Unit Size
1,602 Ft²
Days on Market
-
Land Size
1.61 acres
Price per sqft
$134
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #10741413)

Price History

Date / Event Date Event Price
Jul 30, 2020 Sold
Premium
Sold
Jun 8, 2020 Listed by RE/MAX 1st Choice $214,900
Listed by RE/MAX 1st Choice

Property Highlights

Fireplace

Building Info

Overview

    General

  • 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: 70,132
  • Total Building Area: 1,508
  • Gross Building Area: 1,508
  • Building Area: 1,508
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,508
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000001610
  • Standard Land Use Code: 7001
  • County Land Use Code: 0011
  • Legal Description 1: N292' E240.50' N1/2 NE1/4 SEC 12-34-2

Neighborhood

  • School District Name: Waltham Community Consolidated School District 185
  • Census Tract: 962200

Geography

  • District: WT
  • Parcel: 12-12-203-000
  • Meridian: SEC 12 TWN 34 RNG 02
  • Municipality: WALTHAM TOWNSHIP
  • Latitude: 41.4393
  • Longitude: -88.9344

    Address

  • Full Address: 3495 E 12th Rd
  • Address - House Number: 3495
  • Street Direction: E
  • Address - Street Name: 12th
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Ottawa
  • Carrier Code: R002
  • 4-Digit Zip Code: 9519
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $467,844
  • Tax Rate Code Area: WT003

    Market Valuation

  • Market Total Value: $179,511
  • Market Land Value: $28,670
  • Market Improvement Value: $150,841

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,911
  • Assessed Land Value: $9,903
  • Assessed Improvements Value: $52,008

    Sales

  • Current Sale Contract Date: Aug 01, 2020
  • Current Sale Recording Date: Aug 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202011649

    Last Sale Mortgage

  • First Mortgage Transaction Date:
    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 LaSalle

Stats & Trends

Median Asking:

$206,900

Sale Price/ft²

$146

Below Asking

0.02%

Average Days on Market

52

Average Home Size

3058 ft²

Average Home Age

71.3 years

Currently For Sale

285 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

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MRED

Listed by: Douglas Carroll, RE/MAX 1st Choice
Last Updated: 2 years ago
Data Source: MRED, MLS# 10741413
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 3495 East 12th Road built and last sold?
The property at 3495 East 12th Road was built in and last sold on Aug 1, 2020 for $215,000.
How much is this home worth?
The estimated value of the home located at 3495 East 12th Road is $0.
What are some comparable homes to 3495 East 12th Road?
There are currently no comparable homes to 3495 East 12th Road.
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