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536 Colorado Avenue

536 Colorado Avenue, Aurora, IL 60506
Property in North River
Sold Nov 19, 2012
$81,500
$77,425 by First Centennial Mortgage Corp
Mortgage Due Oct 01, 2042
Sold Nov 24, 2009
$125,000
$122,735 by First Centennial Mortgage Corp
Mortgage Due Nov 01, 2039
Local assessors in Aurora, IL have categorized 536 Colorado Avenue as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 8,073 square feet. The linear feet between the front and back of the lot was measured at 1,170 ft and the front of the lot was measured at 690 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 536 Colorado Avenue has a total of 1,168 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 450 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. 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, 536 Colorado Avenue sold most recently in Sep 27, 2012 for a total of $81,500. If you work out the math, that's approximately a cost of $50.37 per sqft. Before that, the property was also sold for $125,000 in Oct 30, 2009. 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 $4,745 in taxes each year. 536 Colorado Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $59,599. If we break it down further, the land itself was valued at $10,810. Improvements to the property, however, were assessed at a total of $48,789. 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. 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!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: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 450
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,073
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 690
  • Total Building Area: 1,618
  • Gross Building Area: 1,618
  • Building Area: 1,168
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,168
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BISHOP PARK
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUPVRS ASSMT PLAT OF UNRECORDED PLAT OF BISHOP PARK LOT 166 LOT DIMENSIONS: 69 X 117 APPROX LOT SQ FT 8073 SUBDIVISION: BISHOP PARK RANGE CODE: 001

Ownership

  • Current Owner : MADRIGAL JOSE A
  • Previous Owner : CASAS NORMA I
  • Owner Before Previous Owner: MCCADDON SANDRA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Parcel: 15-16-254-008
  • Lot: 166
  • Municipality: AURORA
  • Latitude: 41.7759
  • Longitude: -88.3273

    Address

  • Full Address: 536 Colorado Ave
  • Address - House Number: 536
  • Address - Street Name: Colorado
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Aurora
  • Carrier Code: C003
  • 4-Digit Zip Code: 2220
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,745
  • Tax Rate Code Area: AU005

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 239,074
  • High Value: 279,563
  • Low Value: 198,586

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $77,425
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 19, 2012
  • First Open Lien Mortgage Loan Amount: $77,425
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2042

    Market Valuation

  • Market Total Value: $178,869
  • Market Land Value: $32,443
  • Market Improvement Value: $146,426

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,599
  • Assessed Land Value: $10,810
  • Assessed Improvements Value: $48,789

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 27, 2012
  • Current Sale Recording Date: Nov 19, 2012
  • Current Sale Transaction ID: 1081449087
  • Current Sale Price: $81,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012K080967
  • Previous Sale Recording Date: Nov 24, 2009
  • Previous Sale Contract Date: Oct 30, 2009
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 19, 2012
  • First Mortgage Loan Amount: $77,425
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 24, 2009
  • Previous Mortgage Loan Amount: $122,735
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2039

About North River



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Frequently Asked Questions

What neighborhood is 536 Colorado Avenue located in?
The 536 Colorado Avenue is a located in the neighborhood of North River in North River, Aurora.
What is the average sales price for listings in 536 Colorado Avenue?
The average sales price for units in 536 Colorado Avenue is $0 currently.

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