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Ottawa 61350
408 CATHERINE Street
$88,999
● House - Off Market

408 CATHERINE Street

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
1,141 Ft²
$132,066
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Updated 3 bedroom with a finished basement, master bedroom on main floor with bath.  Finished attic that can be used as second bedroom and bonus room.  One car detached garage and carport.   Hardwood floors.  Large back yard partially fenced.  AC and gas forced heat. Dining room off kitchen.  Finished basement was used as an additional bedroom.  Move in ready.  All dimensions are approximate.
Unit Size
1,141 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$78
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1920

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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 #10295551)

Price History

Date / Event Date Event Price
Apr 23, 2019 Sold
Premium
Sold
Mar 1, 2019 Listed by HomeSmart Realty Group $88,999
Listed by HomeSmart Realty Group

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 8,276
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DAYS ADD
  • Land Acres: 0000000190
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: DAY'S ADD TO OTTAWA, LT 15 BLK 8 SEC 13-33-3

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 963600

Geography

  • District: SO
  • Parcel: 22-14-211-007
  • Block: 8
  • Lot: 15
  • Meridian: SEC 13 TWN 33 RNG 03
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.338
  • Longitude: -88.8381

    Address

  • Full Address: 408 Catherine St
  • Address - House Number: 408
  • Address - Street Name: Catherine
  • Address - Suffix Type: St
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C014
  • 4-Digit Zip Code: 3654
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $419,374
  • Tax Rate Code Area: SO001

    Appraisal Valuation

  • Standard Deviation: 0.1319
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 73
  • Final Value: 92,861
  • High Value: 105,111
  • Low Value: 80,610

    Market Valuation

  • Market Total Value: $117,642
  • Market Land Value: $23,988
  • Market Improvement Value: $93,654

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,214
  • Assessed Land Value: $7,996
  • Assessed Improvements Value: $31,218

    Sales

  • Current Sale Contract Date: Apr 08, 2019
  • Current Sale Recording Date: Apr 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201904406
  • Previous Sale Recording Date: Jan 30, 2008
  • Previous Sale Contract Date: Jan 03, 2008
  • Previous Sale Amount: $59,500
  • 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 Ottawa

Stats & Trends

Median Asking:

$229,250

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1717 ft²

Average Home Age

52.9 years

Currently For Sale

72 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 1952 Columbus Street, Ottawa, IL, 61350

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
1952 Columbus Street, Ottawa, IL, 61350 Listing by Delores Barrera
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: Shawn Brown, HomeSmart Realty Group
Last Updated: 2 years ago
Data Source: MRED, MLS# 10295551
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 408 Catherine Street built and last sold?
The property at 408 Catherine Street was built in 1920 and last sold on Apr 8, 2019 for $89,000.
How much is this home worth?
The estimated value of the home located at 408 Catherine Street is $0.
What are some comparable homes to 408 Catherine Street?
There are currently no comparable homes to 408 Catherine Street.
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