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Ottawa 61350
734 Tomahawk Drive
$185,000
● House - Off Market

734 Tomahawk Drive

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,761 Ft²
$188,815
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

This home offers a great location in a peaceful neighborhood. Perfect for families or those seeking a quiet environment. The kitchen is a chef's dream, featuring newer appliances, ample counter space, and a convenient breakfast bar. Spacious and inviting interior with plenty of natural light and functional layout.    This amazing ranch has it all! 3 bedrooms, 2 full baths, and a fenced-in yard. Newer mechanicals, siding, and roof.
Unit Size
1,761 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$108
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1959

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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 #11841251)

Price History

Date / Event Date Event Price
Sep 7, 2023 Sold
Premium
Sold
Jul 26, 2023 Listed by Keller Williams Infinity $190,000
Listed by Keller Williams Infinity
Nov 25, 2019 No longer available -
No longer available
Oct 14, 2019 Price Decreased $128,500
↓ $4K (2.7%)
Price Decreased
Sep 21, 2019 Price Decreased $132,000
↓ $10K (7%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 1,704
  • Gross Building Area: 1,704
  • Building Area: 1,704
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,704
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOMAHAWK TERRACE 5TH ADD
  • Land Acres: 0000000180
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TOMAHAWK TERRACE 5TH ADD, LT 101 SEC 13-33-3

Neighborhood

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

Geography

  • District: SO
  • Parcel: 22-13-320-014
  • Lot: 101
  • Meridian: SEC 13 TWN 33 RNG 03
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.3282
  • Longitude: -88.8302

    Address

  • Full Address: 734 Tomahawk Dr
  • Address - House Number: 734
  • Address - Street Name: Tomahawk
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C011
  • 4-Digit Zip Code: 4616
  • Zip Code: 61350

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1069
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 89
  • Final Value: 185,608
  • High Value: 205,463
  • Low Value: 165,754

    Market Valuation

  • Market Total Value: $144,330
  • Market Land Value: $15,672
  • Market Improvement Value: $128,658

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,110
  • Assessed Land Value: $5,224
  • Assessed Improvements Value: $42,886

    Sales

  • Current Sale Contract Date: Sep 21, 2015
  • Current Sale Recording Date: Sep 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201518032

    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:

$229,000

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1815 ft²

Average Home Age

55.8 years

Currently For Sale

65 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

Rentals Near You

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MRED

Listed by: Giovanna Schmieder, Keller Williams Infinity
Last Updated: 3 years ago
Data Source: MRED, MLS# 11841251
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 734 Tomahawk Drive built and last sold?
The property at 734 Tomahawk Drive was built in 1959 and last sold on Sep 21, 2015 for $115,000.
How much is this home worth?
The estimated value of the home located at 734 Tomahawk Drive is $198,773.
What are some comparable homes to 734 Tomahawk Drive?
There are currently no comparable homes to 734 Tomahawk Drive.
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