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Aurora 60503 Far Southeast
2348 Avalon Court
$540,000
● House - Off Market

2348 Avalon Court

Aurora, IL 60503
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,800 Ft²
$546,919
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

This beautiful home has 5 bedrooms, 3.5 baths and is elegantly finished. The main floor has wood floors throughout and offers a spacious living room with a tray ceiling, a large eat-in kitchen with granite counters and plenty of storage and an office. There is also laundry with a laundry chute. The upper level is carpeted and offers a generously sized primary bedroom and a total remodel has been done of the primary bath. There are three additional bedrooms on the upper level of the home. There is also a finished lookout basement with a bedroom and bath. Off the back of the home is a large deck with tons of space for entertaining. Seller's are offering $7500.00 credit for carpet and paint.
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$196
Property Type
House
Property Taxes
$926
HOA Dues
$28
Year Built
1998

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11823481)

Price History

Date / Event Date Event Price
Aug 15, 2023 Sold
Premium
Sold
Jul 7, 2023 Listed by Wheatland Realty $550,000
Listed by Wheatland Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,508
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 4,252
  • Building Area: 2,744
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,744
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHEATLANDS
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 260 IN THE WHEATLANDS UNIT 3B P.U.D. A SUB OF PRT OF THE NW1/4 OF SEC 6, T37N-R9E.

Neighborhood

  • School District Name: Oswego Community Unit School District 308
  • Census Tract: 880324

Geography

  • Parcel: 07-01-06-108-034
  • Lot: 260
  • Meridian: SEC 06 TWN 37N RNG 09E
  • Municipality: WHEATLAND
  • Latitude: 41.7182
  • Longitude: -88.258

    Address

  • Full Address: 2348 Avalon Ct
  • Legal Unit: 3B
  • Address - House Number: 2348
  • Address - Street Name: Avalon
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Aurora
  • Carrier Code: R011
  • 4-Digit Zip Code: 8576
  • Zip Code: 60503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,117,226
  • Tax Rate Code Area: 0751

    Appraisal Valuation

  • Standard Deviation: 0.0872
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 92
  • Final Value: 549,510
  • High Value: 597,456
  • Low Value: 501,564

    Market Valuation

  • Market Total Value: $354,801
  • Market Land Value: $77,415
  • Market Improvement Value: $277,386

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $118,267
  • Assessed Land Value: $25,805
  • Assessed Improvements Value: $92,462

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 2023
  • Current Sale Recording Date: Sep 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 46050
  • Previous Sale Recording Date: Nov 03, 1998
  • Previous Sale Contract Date: Oct 23, 1998
  • Previous Sale Amount: $256,000
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Far Southeast

Stats & Trends

Median Asking:

$456,311

Sale Price/ft²

$216

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2173 ft²

Average Home Age

11.9 years

Currently For Sale

59 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2953 Madison Drive, Naperville, IL, 60564

$3,150 /mo

  • 3 Beds
  • 2 Baths
  • 2,006 ft²
2953 Madison Drive #2953, Naperville, IL, 60564 Listing by Jerry Moody
Unit for rent at 1071 Symphony Drive, Aurora, IL, 60504

$3,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,287 ft²
1071 Symphony Drive, Aurora, IL, 60504 Listing by Giovanna Schmieder

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Nicole Tudisco, Wheatland Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11823481
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2348 Avalon Court built and last sold?
The property at 2348 Avalon Court was built in 1998 and last sold on Aug 9, 2023 for $540,000.
How much is this home worth?
The estimated value of the home located at 2348 Avalon Court is $0.
What are some comparable homes to 2348 Avalon Court?
There are currently no comparable homes to 2348 Avalon Court.
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