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577 Melrose Avenue

577 Melrose Avenue, Aurora, IL 60505
Property in Southeast Aurora
Local assessors in Aurora, IL have categorized 577 Melrose Avenue as a commercial type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 10,454 square feet. 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 577 Melrose Avenue has a total of 1,134 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. 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 frame control joints. The property was last sold in Sep 30, 2021 for $60,000. That's $52.91 per sqft. 577 Melrose Avenue was last assessed in 2022. The total value of the property was assessed at $27,068. Specifically, the land the property is located on was valued at $22,598. While improvements on the property were assessed at a total of $4,470. 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 $1,629. The initial tax year of delinquency was in 2021. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,134
  • Gross Building Area: 1,134
  • Building Area: 1,134
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,134
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: LUCKS NEW ADD
  • Land Acres: 0.24
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: LUCKS NEW ADD PT LOTS 15,16 & 17 & ALL LOTS 18 & 19 BLK 6 & VAC ALLEY ADJ

Ownership

  • Current Owner : AGUIRRE JAMIE
  • Previous Owner : MARTINEZ VICTOR
  • Owner Before Previous Owner: CAHILL FLORENCE M
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Aurora East Unit School District 131
  • Census Tract: 854401

Geography

  • Parcel: 15-34-257-012
  • Block: 6
  • Lot: 15-19
  • Municipality: AURORA
  • Latitude: 41.7327
  • Longitude: -88.3084

    Address

  • Full Address: 577 Melrose Ave
  • Address - House Number: 577
  • Address - Street Name: Melrose
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Aurora
  • Carrier Code: C082
  • 4-Digit Zip Code: 5747
  • Zip Code: 60505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,629
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: AU028

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $45,000
  • First Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • First Open Lien Mortgage Recording Date: Nov 09, 2021
  • First Open Lien Mortgage Loan Amount: $45,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $81,236
  • Market Land Value: $67,821
  • Market Improvement Value: $13,415

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,068
  • Assessed Land Value: $22,598
  • Assessed Improvements Value: $4,470

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Nov 09, 2021
  • Current Sale Transaction ID: 11864468791
  • Current Sale Price: $60,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2021K084550
  • Previous Sale Recording Date: Nov 14, 2016
  • Previous Sale Contract Date: Jun 01, 2016
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • First Mortgage Transaction Date: Nov 09, 2021
  • First Mortgage Loan Amount: $45,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Southeast Aurora



Similar Buildings

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Nearby Rentals

Unit for rent at 354 Spruce Street, Aurora, IL, 60506

$1,195 /mo

  • Studio
  • 1 Bath
  • 300 ft²
354 Spruce Street #4, Aurora, IL, 60506 Listing by Nadine Johnson

Frequently Asked Questions

What neighborhood is 577 Melrose Avenue located in?
The 577 Melrose Avenue is a located in the neighborhood of Southeast Aurora in Southeast Aurora, Aurora.
What is the average sales price for listings in 577 Melrose Avenue?
The average sales price for units in 577 Melrose Avenue is $0 currently.

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