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586 Declaration Lane

586 Declaration Lane, Aurora, IL 60502
Property in Eola Yards
Sold Jul 11, 2002
$181,500
$175,950 by Platinum Home Mtg Corp
Mortgage Due Jul 01, 2032
586 Declaration Lane has been categorized by the local assessors in Aurora, IL as a residential type of property. The building on the property was first built in 2002 and is 22 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 586 Declaration Lane has 1,546 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,066,784 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating 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, 586 Declaration Lane sold most recently in Jun 18, 2002 for a total of $181,500. If you work out the math, that's approximately a cost of $98.75 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,773 in taxes each year. 586 Declaration Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $74,840. If we break it down further, the land itself was valued at $16,040. Improvements to the property, however, were assessed at a total of $58,800. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 292
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,066,784
  • Total Building Area: 1,838
  • Gross Building Area: 1,838
  • Building Area: 1,546
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,546
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEGACY FIELDS CONDO
  • Land Acres: 24.49
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: LEGACY FIELDS CONDO UNIT 605 .66 PERCENT COM INT

Ownership

  • Current Owner : AMOR ADAM R
  • Current Owner 2: AMOR NELIA S
  • Previous Owner : WISEMAN HUGHES ENTERPRISES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Indian Prairie Community Unit School District 204
  • School Tax School District: DISTRICT 204
  • Census Tract: 846517

Zoning

  • Zoning: R

Geography

  • Parcel: 07-19-108-019
  • Lot: B-6
  • Municipality: NAPERVILLE
  • Latitude: 41.7625
  • Longitude: -88.2599

    Address

  • Full Address: 586 Declaration Ln
  • Legal Unit: 605
  • Address - House Number: 586
  • Address - Street Name: Declaration
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Aurora
  • Carrier Code: R016
  • 4-Digit Zip Code: 7341
  • Zip Code: 60502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,773
  • Tax Rate Code Area: 7154

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 310,421
  • High Value: 359,215
  • Low Value: 261,627

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,950
  • First Open Lien Mortgage Lender: PLATINUM HOME MTG CORP
  • First Open Lien Mortgage Recording Date: Jul 11, 2002
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $175,950
  • 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: Jul 01, 2032

    Market Valuation

  • Market Total Value: $224,520
  • Market Land Value: $48,120
  • Market Improvement Value: $176,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,840
  • Assessed Land Value: $16,040
  • Assessed Improvements Value: $58,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 18, 2002
  • Current Sale Recording Date: Jul 11, 2002
  • Current Sale Transaction ID: 1086312984
  • Current Sale Price: $181,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2002-178358

    Last Sale Mortgage

  • First Mortgage Lender: PLATINUM HOME MTG CORP
  • First Mortgage Transaction Date: Jul 11, 2002
  • First Mortgage Loan Amount: $175,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2032

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Eola Yards



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Frequently Asked Questions

What neighborhood is 586 Declaration Lane located in?
The 586 Declaration Lane is a located in the neighborhood of Eola Yards in Eola Yards, Aurora.
What is the average sales price for listings in 586 Declaration Lane?
The average sales price for units in 586 Declaration Lane is $0 currently.

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