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513 Michigan Avenue

513 Michigan Avenue, Aurora, IL 60506
Property in North River
Sold Jan 10, 2013
$110,000
$107,908 by Cherry Creek Mortgage Co Inc
Mortgage Due Jan 01, 2043
513 Michigan Avenue in Aurora, IL was first built in 1959 and is 65 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 513 Michigan Avenue has 1,056 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,276 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 308 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. The property was last sold in Dec 21, 2012 for $110,000. That's $80.65 per sqft. 513 Michigan Avenue was last assessed in 2022. The total value of the property was assessed at $51,066. Specifically, the land the property is located on was valued at $10,810. While improvements on the property were assessed at a total of $40,256. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,989. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,364
  • Gross Building Area: 1,364
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BISHOP
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUPVRS ASSMT PLAT OF : UNRECORDED PLAT OF BISHOP : PARK LOT 239

Ownership

  • Current Owner : CASTILLO MARISOL
  • Previous Owner : MCFARLAND LINDA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 852905

Geography

  • Parcel: 15-16-251-016
  • Lot: 239
  • Municipality: AURORA
  • Latitude: 41.7772
  • Longitude: -88.3263

    Address

  • Full Address: 513 Michigan Ave
  • Address - House Number: 513
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Aurora
  • Carrier Code: C019
  • 4-Digit Zip Code: 2245
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,989
  • Tax Rate Code Area: AU005

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 233,360
  • High Value: 272,881
  • Low Value: 193,839

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $107,908
  • First Open Lien Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Jan 10, 2013
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $107,908
  • 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: Jan 01, 2043

    Market Valuation

  • Market Total Value: $153,259
  • Market Land Value: $32,443
  • Market Improvement Value: $120,816

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,066
  • Assessed Land Value: $10,810
  • Assessed Improvements Value: $40,256

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 21, 2012
  • Current Sale Recording Date: Jan 10, 2013
  • Current Sale Transaction ID: 1178277816
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013K002493

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Mortgage Transaction Date: Jan 10, 2013
  • First Mortgage Loan Amount: $107,908
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2043

    Financing

  • First Mortgage Financing Type: Unknown

About North River



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Nearby Rentals

Unit for rent at 2020 Church Road, Aurora, IL, 60504

$3,300 /mo

  • 4 Beds
  • 3 Baths
  • 2,231 ft²
2020 Church Road, Aurora, IL, 60504 Listing by Susan Rigsby

Frequently Asked Questions

What neighborhood is 513 Michigan Avenue located in?
The 513 Michigan Avenue is a located in the neighborhood of North River in North River, Aurora.
What is the average sales price for listings in 513 Michigan Avenue?
The average sales price for units in 513 Michigan Avenue is $0 currently.

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