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741 Talma Street

741 Talma Street, Aurora, IL 60505
Property in Southeast Aurora
Sold May 28, 2014
$65,000
$52,000 by Old Second National Bank
Mortgage Due Jun 01, 2044
Sold Oct 04, 2001
$132,000
$129,862 by Homeside Lending Inc
Mortgage Due Oct 01, 2031
741 Talma Street 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 1924 and is 100 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 741 Talma Street has 1,288 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,755 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 7,020 square feet.

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 attached garage for those who require parking. The garage measured 280 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. 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 property was last sold in May 16, 2014 for $65,000. That's $29.39 per sqft. Prior to that sales transaction, the property was also sold in Sep 28, 2001 for $132,000. 741 Talma Street was last assessed in 2022. The total value of the property was assessed at $43,995. Specifically, the land the property is located on was valued at $3,984. While improvements on the property were assessed at a total of $40,011. 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 $2,887. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 644
  • Garage Type: Attached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,020
  • Lot Size Depth Feet: 1,755
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,212
  • Gross Building Area: 2,348
  • Building Area: 1,288
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,288
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAYS SUB
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DAYS SUBDN S 30 FT LOT 5 & N 10 FT LOT 8 LOT DIMENSIONS: 40 X 175.5 APPROX LOT SQ FT 7020 SUBDIVISION: SEC 27&34 N ASHLAND RANGE CODE: 001

Ownership

  • Current Owner : TORRES PEDRO
  • Current Owner 2: TORRES MARICELA
  • Previous Owner : LEYVA ARMANDO
  • Previous Owner 2: ALBARRAN ANTONIA
  • Owner Before Previous Owner: JACOBO MANUEL S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Aurora East Unit School District 131
  • Census Tract: 854302

Geography

  • Section: 27
  • Parcel: 15-27-377-025
  • Lot: 5,8
  • Municipality: AURORA
  • Latitude: 41.7411
  • Longitude: -88.311

    Address

  • Full Address: 741 Talma St
  • Address - House Number: 741
  • Address - Street Name: Talma
  • Address - Suffix Type: St
  • State: IL
  • City Name: Aurora
  • Carrier Code: C056
  • 4-Digit Zip Code: 5221
  • Zip Code: 60505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,887
  • Tax Rate Code Area: AU021

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 203,824
  • High Value: 238,769
  • Low Value: 168,879

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $52,000
  • First Open Lien Mortgage Lender: OLD SECOND NATIONAL BANK
  • First Open Lien Mortgage Recording Date: May 28, 2014
  • First Open Lien Mortgage Loan Amount: $52,000
  • 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: Jun 01, 2044

    Market Valuation

  • Market Total Value: $132,038
  • Market Land Value: $11,957
  • Market Improvement Value: $120,081

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,995
  • Assessed Land Value: $3,984
  • Assessed Improvements Value: $40,011

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 16, 2014
  • Current Sale Recording Date: May 28, 2014
  • Current Sale Transaction ID: 1178291373
  • Current Sale Price: $65,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014K025044
  • Previous Sale Recording Date: Oct 04, 2001
  • Previous Sale Contract Date: Sep 28, 2001
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLD SECOND NATIONAL BANK
  • First Mortgage Transaction Date: May 28, 2014
  • First Mortgage Loan Amount: $52,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: HOMESIDE LENDING INC
  • Previous Mortgage Transaction Date: Oct 04, 2001
  • Previous Mortgage Loan Amount: $129,862
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2031

About Southeast Aurora



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 741 Talma Street located in?
The 741 Talma Street is a located in the neighborhood of Southeast Aurora in Southeast Aurora, Aurora.
What is the average sales price for listings in 741 Talma Street?
The average sales price for units in 741 Talma Street is $0 currently.

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