1053 Orchard Lake Drive

Local assessors in Aurora, IL have categorized 1053 Orchard Lake Drive as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 6,719 square feet. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1053 Orchard Lake Drive has a total of 2,110 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,169 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1053 Orchard Lake Drive was last sold in Oct 13, 2020 for $318,000. According to our calculations, that's $85.51 per sqft. Prior to that sales transaction, the property was sold for $231,500 in May 1, 2001. Current property owners are expected to pay $7,653 in taxes per year. The property on 1053 Orchard Lake Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $92,489. To break that down further, the land itself was valued at $22,689. While improvements to the property were assessed at a total of $69,800. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.