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116 North Calhoun Street

116 North Calhoun Street, Aurora, IL 60505
Sold Feb 08, 2011
$90,000
$87,718 by American Financial Resources I
Mortgage Due Mar 01, 2041
Sold May 25, 2006
$178,000
$178,000 by First Franklin
Mortgage Due Jun 01, 2036
116 North Calhoun Street has been categorized by the local assessors in Aurora, IL as a residential type of property. The building on the property was first built in 2002 and is 22 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 116 North Calhoun Street has 1,197 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,330 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,650 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 116 North Calhoun Street sold most recently in Feb 4, 2011 for a total of $90,000. If you work out the math, that's approximately a cost of $31.98 per sqft. Before that, the property was also sold for $178,000 in May 12, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,160 in taxes each year. 116 North Calhoun Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $60,747. If we break it down further, the land itself was valued at $5,392. Improvements to the property, however, were assessed at a total of $55,355. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,197
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,650
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,814
  • Gross Building Area: 2,814
  • Building Area: 1,197
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,197
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ASHINGTON HEIGHTS ADDN
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WASHINGTON HEIGHTS ADDN LOT 25 BLK 3

Ownership

  • Current Owner : RINCON CLAUDIA
  • Previous Owner : GONZALEZ SAUL
  • Owner Before Previous Owner: MARWAHA RAKESH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Aurora East Unit School District 131
  • Census Tract: 853602

Geography

  • Parcel: 15-23-480-026
  • Block: 3
  • Lot: 25
  • Municipality: AURORA
  • Latitude: 41.7542
  • Longitude: -88.283

    Address

  • Full Address: 116 N Calhoun St
  • Address - House Number: 116
  • Street Direction: N
  • Address - Street Name: Calhoun
  • Address - Suffix Type: St
  • State: IL
  • City Name: Aurora
  • Carrier Code: C080
  • 4-Digit Zip Code: 3959
  • Zip Code: 60505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,160
  • Tax Rate Code Area: AU021

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 230,889
  • High Value: 270,475
  • Low Value: 191,304

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,718
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • First Open Lien Mortgage Recording Date: Feb 08, 2011
  • First Open Lien Mortgage Loan Amount: $87,718
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2041

    Market Valuation

  • Market Total Value: $182,314
  • Market Land Value: $16,182
  • Market Improvement Value: $166,131

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,747
  • Assessed Land Value: $5,392
  • Assessed Improvements Value: $55,355

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 04, 2011
  • Current Sale Recording Date: Feb 08, 2011
  • Current Sale Transaction ID: 1097708760
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2011K009839
  • Previous Sale Recording Date: May 25, 2006
  • Previous Sale Contract Date: May 12, 2006
  • Previous Sale Amount: $178,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • First Mortgage Transaction Date: Feb 08, 2011
  • First Mortgage Loan Amount: $87,718
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FRANKLIN
  • Previous Mortgage Transaction Date: May 25, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $178,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Jun 01, 2036

About Light of The Community



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Frequently Asked Questions

What neighborhood is 116 North Calhoun Street located in?
The 116 North Calhoun Street is a located in the neighborhood of Light of The Community in Light of The Community, Aurora.
What is the average sales price for listings in 116 North Calhoun Street?
The average sales price for units in 116 North Calhoun Street is $0 currently.

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