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Ottawa 61350
753 Tomahawk Drive
$140,000
● House - Off Market

753 Tomahawk Drive

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,284 Ft²
$144,268
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Beautiful home on a corner lot with a large fenced backyard. Storage shed included.
Unit Size
1,284 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$109
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11708448)

Price History

Date / Event Date Event Price
Mar 27, 2023 Sold
Premium
Sold
Jan 27, 2023 Listed by Wheatland Realty $140,000
Listed by Wheatland Realty

Property Highlights

Air Conditioning
Fireplace

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: 8,276
  • Total Building Area: 1,284
  • Gross Building Area: 1,284
  • Building Area: 1,284
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,284
  • 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: 0000000190
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TOMAHAWK TERRACE 5TH ADD LOT 117

Neighborhood

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

Geography

  • District: SO
  • Parcel: 22-13-322-012
  • Lot: 117
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.3278
  • Longitude: -88.8296

    Address

  • Full Address: 753 Tomahawk Dr
  • Address - House Number: 753
  • Address - Street Name: Tomahawk
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C011
  • 4-Digit Zip Code: 4617
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $373,644
  • Tax Rate Code Area: SO001

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 252,737
  • High Value: 355,096
  • Low Value: 150,377

    Market Valuation

  • Market Total Value: $122,814
  • Market Land Value: $15,672
  • Market Improvement Value: $107,142

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,938
  • Assessed Land Value: $5,224
  • Assessed Improvements Value: $35,714

    Sales

  • Current Sale Contract Date: Mar 10, 2023
  • Current Sale Recording Date: Apr 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-03630
  • Previous Sale Recording Date: Oct 21, 2008
  • Previous Sale Contract Date: Oct 20, 2008
  • Previous Sale Amount: $120,000
  • 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:

$229,000

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1862 ft²

Average Home Age

54.9 years

Currently For Sale

59 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: Nicole Tudisco, Wheatland Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11708448
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 Tomahawk Drive built and last sold?
The property at 753 Tomahawk Drive was built in 1959 and last sold on Mar 10, 2023 for $140,000.
How much is this home worth?
The estimated value of the home located at 753 Tomahawk Drive is $146,324.
What are some comparable homes to 753 Tomahawk Drive?
There are currently no comparable homes to 753 Tomahawk Drive.
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