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Ottawa 61350
753 River Edge Circle
$236,500
● House - Off Market

753 River Edge Circle

OTTAWA, IL 61350
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,100 Ft²
$387,237
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Recently updated 3 bedroom, 2.5 bath home in Wallace School District.  Family room with gas fireplace and vaulted ceilings.  Updated kitchen with stainless steel appliances.  Double-door entry to master suite w/ walk-in closet and private bath.  Full finished basement with salon and built-in could be 4th bedroom.  Fenced-in and professionally landscaped yard with concrete patio, built in fire pit and sitting wall.  28' above ground pool.  3 car attached garage. Storage shed.  New roof in 2014.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$113
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
1999

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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 #09350318)

Price History

Date / Event Date Event Price
Apr 21, 2017 Sold
Premium
Sold
Sep 23, 2016 Listed by ForSalebyOwner.com Referral Services, LLC $237,500
Listed by ForSalebyOwner.com Referral Services, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • 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: 11,326
  • Total Building Area: 2,200
  • Gross Building Area: 2,200
  • Building Area: 2,200
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TURNBERRY PHASE I
  • Land Acres: 0000000260
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TURNBERRY SUB PHASE I, LT 24 SEC 36-34-3

Neighborhood

  • School District Name: Wallace Community Consolidated School District 195
  • Census Tract: 962600

Geography

  • District: DA
  • Subdivision Phase Number: 1
  • Parcel: 14-36-420-009
  • Lot: 24
  • Meridian: SEC 36 TWN 34 RNG 03
  • Municipality: DAYTON TOWNSHIP
  • Latitude: 41.3717
  • Longitude: -88.8218

    Address

  • Full Address: 753 River Edge Cir
  • Address - House Number: 753
  • Address - Street Name: River Edge
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Ottawa
  • Carrier Code: R006
  • 4-Digit Zip Code: 9574
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $809,532
  • Tax Rate Code Area: DA005

    Appraisal Valuation

  • Standard Deviation: 0.2396
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 66
  • Final Value: 307,299
  • High Value: 380,951
  • Low Value: 233,647

    Market Valuation

  • Market Total Value: $267,153
  • Market Land Value: $30,585
  • Market Improvement Value: $236,568

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,051
  • Assessed Land Value: $10,195
  • Assessed Improvements Value: $78,856

    Sales

  • Current Sale Contract Date: Sep 16, 2019
  • Current Sale Recording Date: Sep 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201911984
  • Previous Sale Recording Date: Apr 21, 2017
  • Previous Sale Contract Date: Apr 13, 2017
  • Previous Sale Amount: $236,500
  • Previous Sale Document Type: 27

    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

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MRED

Listed by: , ForSalebyOwner.com Referral Services, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 09350318
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 753 River Edge Circle built and last sold?
The property at 753 River Edge Circle was built in 1999 and last sold on Sep 16, 2019 for $258,000.
How much is this home worth?
The estimated value of the home located at 753 River Edge Circle is $0.
What are some comparable homes to 753 River Edge Circle?
There are currently no comparable homes to 753 River Edge Circle.
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