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505 Joliet St

Ottawa, IL 61350

3 bd 3 ba 2,181 sqft Built 1905 Lot 12,293 sqft single_family
Most recent sale
$58,000
Mar 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2024 Listed $280,000 MRED
Dec 9, 2022 Sold $245,000 MRED
Nov 4, 2022 Price changed $249,000 MRED
Oct 24, 2022 Price changed $254,000 MLS #11635340
Oct 14, 2022 Price changed $269,000 MLS #11635340
Oct 7, 2022 Price changed $284,500 MLS #11635340
Sep 22, 2022 Listed $285,000 MLS #11635340
Mar 7, 2022 Sold $58,000 Public Record
May 18, 2009 Sold $25,500 Public Record
May 15, 2009 Sold $25,500 MRED
Feb 4, 2009 Listed $49,900 MRED
Sep 29, 1999 Sold $71,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $82,167 $10,657 $92,824 $8,044
2023 $74,454 $9,657 $84,111 $7,928
2022 $8,999 $10,812 $19,811 $2,115
2021 $8,435 $10,134 $18,569 $1,996
2020 $8,013 $9,627 $17,640 $1,887
2019 $7,931 $9,529 $17,460 $1,932
2018 $7,741 $9,300 $17,041 $1,898
2017 $7,504 $9,015 $16,519 $1,819
2016 $7,182 $8,628 $15,810 $1,747
2015 $6,851 $8,230 $15,081 $1,661
2014 $6,915 $8,306 $15,221 $1,580
2013 $7,070 $8,492 $15,562 $1,588
2012 $7,490 $8,997 $16,487 $1,664
2011 $7,991 $9,599 $17,590 $1,750
2010 $8,625 $10,361 $18,986 $1,837
2009 $27,189 $10,877 $38,066 $3,007
2008 $26,674 $10,671 $37,345 $2,972
2006 $24,815 $9,927 $34,742 $2,502

Property facts

Year built
1905
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,181 sqft
Lot size
12,293 sqft
ZIP code
61350
City
Ottawa
Street
Joliet St
Coordinates
41.35500, -88.83586

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$348
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 Joliet St last sell?
505 Joliet St most recently sold on Mar 7, 2022 for $58,000.
What is the current tax assessment for 505 Joliet St?
The most recent total assessment for 505 Joliet St (year 2024) is $92,824 with $8,044 in property tax.
How does 505 Joliet St's assessment compare to its last sale price?
The current assessment is 60.0% above the last sale price of $58,000.
When was 505 Joliet St built?
505 Joliet St was built in 1905.
How does 505 Joliet St compare to others on Joliet St?
We track 8 other properties on Joliet St. Browse the list under "Other properties on Joliet St" to compare beds, baths, and sale history.
What are the property facts for 505 Joliet St?
505 Joliet St is a 3 bed, 3 bath, 2,181 sqft, 12,293 sqft lot single_family.
Is 505 Joliet St a flip candidate?
Yes — 505 Joliet St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 505 Joliet St a tax-appeal candidate?
No — 505 Joliet St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.5%
Implied 1-yr
+18.2%
2026 Q3
$286.3K
2026 Q4
$296.3K
ZIP 61350 — Median Price History + Forecast

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