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Ottawa 61350
614 Guthrie Street
$235,000
● House - Off Market

614 Guthrie Street

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,632 Ft²
$239,345
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Don't miss out on this charming 3 bedroom colonial home on the south side of Ottawa.  House has been extremely well cared for over the years and it shows.  Large living room with gas fireplace.  Three season room off the living room with door leading to private fenced in yard. Basement includes laundry area and additional bathroom.  Plenty of storage throughout the home. 2.5 car detached garage with work shop area.  Backyard features vinyl privacy fence and storage shed. Book your showing today!
Unit Size
1,632 Ft²
Days on Market
-
Land Size
-
Price per sqft
$147
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1927

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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: 3 years ago (MRED MLS #11795769)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
May 31, 2023 Listed by Coldwell Banker Real Estate Group $240,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • 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: 7,841
  • Total Building Area: 1,632
  • Gross Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUB OF SW 1/4 NE 1/4 SEC 14-33-3
  • Land Acres: 0000000180
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SUB OF SW1/4 NE1/4 SEC 14-33-3, S1/2 S1/2 LT 5

Neighborhood

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

Geography

  • District: SO
  • Parcel: 22-14-226-012
  • Lot: 5
  • Meridian: SEC 14 TWN 33 RNG 03
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.3347
  • Longitude: -88.8441

    Address

  • Full Address: 614 Guthrie St
  • Address - House Number: 614
  • Address - Street Name: Guthrie
  • Address - Suffix Type: St
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C008
  • 4-Digit Zip Code: 3846
  • Zip Code: 61350

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2568
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 221,054
  • High Value: 277,837
  • Low Value: 164,271

    Market Valuation

  • Market Total Value: $170,154
  • Market Land Value: $28,269
  • Market Improvement Value: $141,885

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,718
  • Assessed Land Value: $9,423
  • Assessed Improvements Value: $47,295

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 2023-07072

    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:

$227,200

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1783 ft²

Average Home Age

48.6 years

Currently For Sale

67 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: Cortney Kaufman, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11795769
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 614 Guthrie Street built and last sold?
The property at 614 Guthrie Street was built in 1927 and last sold on Jul 14, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 614 Guthrie Street is $0.
What are some comparable homes to 614 Guthrie Street?
There are currently no comparable homes to 614 Guthrie Street.
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