When was property at 514 Palace Street built and last sold?

The property at 514 Palace Street was built in 1914 and last sold on Jul 19, 2022 for $225,000.

How much is this home worth?

The estimated value of the home located at 514 Palace Street is $0.

What are some comparable homes to 514 Palace Street?

There are currently no comparable homes to 514 Palace Street.

Aurora

60506

Near West Galena

514 Palace Street

$225,000

● House - Off Market

514 Palace Street

Aurora, IL 60506

3 Beds

2 Baths

2,070 Ft²

$232,630

RealtyHop Estimate

3.39%

Since Sep 1, 2022

National-US

Primary Model

About This Property

Amazing one of a kind all brick home in the heart of the Palace historic district. This home has a legal nonconforming mother-in-law suite that can be used for a rental property or great for extended family. All appliances were purchased in 2018 and are staying with the house.

Unit Size

2,070 Ft²

Days on Market

Land Size

0.19 acres

Price per sqft

$109

Property Type

House

Property Taxes

$475

HOA Dues

Year Built

1914

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Last updated: 3 years ago (MRED MLS #11439402)

Price History

Date / Event	Date	Event
Aug 9, 2022	Sold	Premium
Sold
Jun 17, 2022	Listed by Access Real Estate Inc	$225,000
Listed by Access Real Estate Inc
Nov 17, 2018	No longer available	-
No longer available
Aug 31, 2018	Listed	$184,900
Listed

	Full of character and charm...and original woodwork! This is a SOLID brick four square with so many great features to love! Nice living room and dining room upon entry. Check out the leaded glass windows in the dining room! The wide staircase leads to the three upstairs bedrooms and full bath, and an added bonus of a second story porch! The basement is finished and adds to the usable square footage of this home. This home also features a rare and wonderful addition! The rear of the home has an attached In-Law suite...much like a studio or efficiency apartment, featuring a large family room, kitchen and full bath. Two car detached garage. and a nice yard complete this home. Don't wait on this one! The manager has listed the unit size as 2070 square feet.

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1914

Effective Year Built: 1914
Building Count: 1
Total Rooms: 8
Bedroom Count: 4
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 0
Building Quality: 0
Construction Type: 12
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 8
Basement Area: 775
Garage Type: 1
Garage Square Area: 399
Parking Space Count: 1
Patio Type: 0
Porch Type: 77
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,085

Lot Size Depth Feet: 1,540
Lot Size Frontage Feet: 525
Total Building Area: 3,264
Gross Building Area: 3,480
Building Area: 2,090
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 0
Heating: 0
Heated Square Feet: 2,090
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ILL AV-W PARK-LAKE-GRAND
Land Acres: 0000000186
Standard Land Use Code: 1001
County Land Use Code: 0040
State Land Use Code: 0040
Legal Description 1: DAVIDS ADDN TO WEST : AURORA PT LOT 15 & : LOT 16 BLK 5 LOT DIMENSIONS: 52.5 X 154 APPROX LOT SQ FT 8085 SUBDIVISION: ILL AV-W PARK-LAKE-GRAND RANGE CODE: 001

Neighborhood

School District Name: Aurora West Unit School District 129

Census Tract: 853200

Geography

Parcel: 15-15-352-052

Block: 5
Lot: 15,16
Municipality: AURORA
Latitude: 41.7677
Longitude: -88.3185

Address

Full Address: 514 Palace St

Address - House Number: 514
Address - Street Name: Palace
Address - Suffix Type: St
State: IL
City Name: Aurora
Carrier Code: C015
4-Digit Zip Code: 3016
Zip Code: 60506

Valuation

Tax

Tax Year: 2022

Tax Amount: $679,996
Tax Rate Code Area: AU102

Appraisal Valuation

Standard Deviation: 0.1653

Valuation Date: Nov 29, 2023
Confidence Score: 79
Final Value: 300,620
High Value: 350,322
Low Value: 250,918

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $245,915

Market Land Value: $23,352
Market Improvement Value: $222,563

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $81,939
Assessed Land Value: $7,781
Assessed Improvements Value: $74,158

Sales

Current Sale Contract Date: Jul 19, 2022

Current Sale Recording Date: Aug 19, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 41886
Previous Sale Recording Date: Dec 07, 2018
Previous Sale Contract Date: Nov 15, 2018
Previous Sale Amount: $183,000
Previous Sale Document Type: 71

Last Sale Mortgage

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Previous Mortgages

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Near West Galena

Stats & Trends

Median Asking:

$279,900

Sale Price/ft²

$196

Below Asking

0.01%

Average Days on Market

Average Home Size

1300 ft²

Average Home Age

110.3 years

Currently For Sale

6 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

Rentals Near You

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Listed by: Christopher Goff, Access Real Estate Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11439402

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.

514 Palace Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Near West Galena

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions