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Ottawa 61350
918 White Lane
$120,000
● House - Off Market

918 White Lane

OTTAWA, IL 61350
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,600 Ft²
$187,279
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Spacious and open best describe this 3-4 bedroom 1+ bath 1 story Brick Ranch. Large living room with loads of windows for natural light, bedroom or TV room or perfect office. Spacious eat-in Kitchen with ample cabinets and center island. Dining room off Kitchen. 3 additional bedrooms. Partial basement has laundry hookup. 2 car detached garage and additional 1 car detached garage. Possible hardwood floors under some carpet.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$77
Property Type
House
Property Taxes
$121
HOA Dues
-
Year Built
-

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • 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: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: S95' N449' W119.23' E500.08' NE 1/4 SW 1/4 SEC 13-33-3

Neighborhood

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

Geography

  • District: SO
  • Parcel: 22-13-305-004
  • Meridian: SEC 13 TWN 33 RNG 03
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.3308
  • Longitude: -88.8288

    Address

  • Full Address: 918 White Ln
  • Address - House Number: 918
  • Address - Street Name: White
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C011
  • 4-Digit Zip Code: 4552
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $517,806
  • Tax Rate Code Area: SO001

    Appraisal Valuation

  • Standard Deviation: 0.2707
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 61
  • Final Value: 159,390
  • High Value: 202,548
  • Low Value: 116,232

    Market Valuation

  • Market Total Value: $163,254
  • Market Land Value: $22,608
  • Market Improvement Value: $140,646

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,418
  • Assessed Land Value: $7,536
  • Assessed Improvements Value: $46,882

    Sales

  • Current Sale Contract Date: May 04, 2018
  • Current Sale Recording Date: May 04, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201805275

    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

$157

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1832 ft²

Average Home Age

57.3 years

Currently For Sale

64 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: George Shanley, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD09886140
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 918 White Lane built and last sold?
The property at 918 White Lane was built in and last sold on May 4, 2018 for $120,000.
How much is this home worth?
The estimated value of the home located at 918 White Lane is $0.
What are some comparable homes to 918 White Lane?
There are currently no comparable homes to 918 White Lane.
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