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1631 Timber Ln

Ottawa, IL 61350

3 bd 3 ba 2,700 sqft Built 1950 Lot 89,298 sqft single_family
Most recent sale
$405,000
Jan 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 30, 2026 Sold $415,000 MRED
Mar 20, 2026 Price changed $470,000 MRED
Mar 17, 2026 Listed $480,000 MRED
Jan 3, 2022 Sold $405,000 MLS #11257473

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $105,502 $37,831 $143,333 $13,362
2023 $150,764 $37,831 $188,595 $13,362
2022 $121,518 $30,493 $152,011 $12,391
2021 $116,174 $29,152 $145,326 $11,548
2020 $109,012 $27,355 $136,367 $10,788
2019 $100,583 $25,240 $125,823 $10,053
2018 $90,615 $22,739 $113,354 $9,100
2017 $89,443 $22,445 $111,888 $8,966
2016 $87,905 $22,059 $109,964 $8,760
2015 $89,699 $22,509 $112,208 $8,942
2014 $90,441 $22,695 $113,136 $8,250
2013 $92,315 $23,165 $115,480 $8,161
2012 $97,688 $24,513 $122,201 $8,602
2011 $97,708 $24,518 $122,226 $8,476
2010 $99,937 $25,077 $125,014 $8,600
2009 $100,480 $25,213 $125,693 $8,589
2008 $99,663 $25,008 $124,671 $8,567
2006 $94,557 $23,727 $118,284 $7,871

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,700 sqft
Lot size
89,298 sqft
ZIP code
61350
City
Ottawa
Street
Timber Ln
Coordinates
41.37039, -88.84891

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,860
Gross rental yield
14.40%
Implied cap rate
9.36%
Trend-extrapolated value

Frequently asked questions

When did 1631 Timber Ln last sell?
1631 Timber Ln most recently sold on Jan 3, 2022 for $405,000.
What is the current tax assessment for 1631 Timber Ln?
The most recent total assessment for 1631 Timber Ln (year 2024) is $143,333 with $13,362 in property tax.
How does 1631 Timber Ln's assessment compare to its last sale price?
The current assessment is 64.6% below the last sale price of $405,000.
When was 1631 Timber Ln built?
1631 Timber Ln was built in 1950.
How does 1631 Timber Ln compare to others on Timber Ln?
We track 3 other properties on Timber Ln. Browse the list under "Other properties on Timber Ln" to compare beds, baths, and sale history.
What are the property facts for 1631 Timber Ln?
1631 Timber Ln is a 3 bed, 3 bath, 2,700 sqft, 89,298 sqft lot single_family.
Is 1631 Timber Ln a flip candidate?
No — 1631 Timber Ln does not appear in our flips dataset.
Is 1631 Timber Ln a tax-appeal candidate?
No — 1631 Timber Ln 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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