A notable single-family residence situated at 1337 Ottawa Avenue has officially changed hands in a recent real estate transaction. The property fetched a final sale price of $357,500 during the early part of October.
This substantial single-story home encompasses 2,582 square feet of well-maintained living space. Buyers frequently look at home design trends to evaluate how older properties compare to modern construction standards.
Property Features and Transaction Particulars
Originally constructed in 1980, the house features a functional layout highlighted by an interior fireplace. It sits comfortably on an expansive lot spanning 10,890 square feet, translating to an acquisition cost of approximately $138 per square foot.
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Broader Neighborhood Market Dynamics
When analyzing architecture articles, market experts often note that local sales trends provide a clearer picture of regional value. Several nearby addresses have also experienced recent ownership changes, reflecting steady local market velocity.
For instance, a compact 1,092-square-foot home on Riverview Drive traded hands for $220,000 in July. Meanwhile, a property located on Illinois Avenue commanded $250,000, which breaks down to about $183 per square foot.
Earlier in the year, another residence along Illinois Avenue sold for $210,000 across a 1,607-square-foot footprint. Reviewing informational guides can help prospective buyers better understand these fluctuating seasonal valuations.
Ultimately, these localized real estate transactions underscore diverse pricing metrics across the neighborhood. Prospective buyers and sellers can leverage these metrics to navigate future market shifts successfully.
Here is the source article for this story: Ottawa: Single-family home sells for $357,500
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