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Aurora 60505 Light of The Community
256 N SUMNER Avenue
$135,900
● House - Off Market

256 N SUMNER Avenue

AURORA, IL 60505
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,063 Ft²
$222,284
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

NEWLY RENOVATED 4 BEDROOMS AND 1 BATH HOME LOCATED IN AURORA. SOME OF THE HIGHLIGHTS INCLUDE: KITCHEN (ESPRESSO CABINETS, BACKSPLASH, SS APPL, GRANITE COUNTERS & TILE), NEW CARPET, FRESHLY PAINTED & SO MUCH MORE. CALL NOW TO SCHEDULE A SHOWING! SHOW & SELL.
Unit Size
1,063 Ft²
Days on Market
-
Land Size
-
Price per sqft
$127
Property Type
House
Property Taxes
$118
HOA Dues
-
Year Built
1915

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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 #09496865)

Price History

Date / Event Date Event Price
Mar 24, 2017 Sold
Premium
Sold
Feb 7, 2017 Listed by Roman Realty Group $134,900
Listed by Roman Realty Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 850
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,443
  • Gross Building Area: 2,703
  • Building Area: 1,065
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,065
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST PARK ADDN
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: FOREST PARK ADDN LOT 25 BLK 4 LOT DIMENSIONS: 50 X 132 APPROX LOT SQ FT 6600 SUBDIVISION: SEC 23 & PT SEC 22 RANGE CODE: 001

Neighborhood

  • School District Name: Aurora East Unit School District 131
  • Census Tract: 853500

Geography

  • Section: 22-23
  • Parcel: 15-23-426-024
  • Block: 4
  • Lot: 25
  • Municipality: AURORA
  • Latitude: 41.7598
  • Longitude: -88.2855

    Address

  • Full Address: 256 N Sumner Ave
  • Address - House Number: 256
  • Street Direction: N
  • Address - Street Name: Sumner
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Aurora
  • Carrier Code: C067
  • 4-Digit Zip Code: 3064
  • Zip Code: 60505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $311,776
  • Tax Rate Code Area: AU021

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 197,602
  • High Value: 225,050
  • Low Value: 170,155

    Market Valuation

  • Market Total Value: $141,161
  • Market Land Value: $17,332
  • Market Improvement Value: $123,830

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,035
  • Assessed Land Value: $5,775
  • Assessed Improvements Value: $41,260

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 28, 2019
  • Current Sale Recording Date: Jul 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019K031233
  • Previous Sale Recording Date: Apr 25, 2017
  • Previous Sale Contract Date: Mar 22, 2017
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: 71
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 Light of The Community

Stats & Trends

Median Asking:

$244,900

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

42

Average Home Size

935 ft²

Average Home Age

37.5 years

Currently For Sale

3 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

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MRED

Listed by: , Roman Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09496865
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 256 North Sumner Avenue built and last sold?
The property at 256 North Sumner Avenue was built in 1915 and last sold on Jun 28, 2019 for $140,000.
How much is this home worth?
The estimated value of the home located at 256 North Sumner Avenue is $0.
What are some comparable homes to 256 North Sumner Avenue?
There are currently no comparable homes to 256 North Sumner Avenue.
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