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Aurora 60505 Southeast Aurora
908 Talma Street
$235,000
● House - Off Market

908 Talma Street

Aurora, IL 60505
bedrooms
3 Beds
bathrooms
2 Baths
square feet
884 Ft²
$230,285
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

This is a great opportunity, 3 bedroom house with a garage for 3 cars, and a full basement, the owner is leaving the new floor in boxes for being installed. The New Roof and Siding were changed on Nov 22. AC was installed just a couple of years ago. MULTIPLE OFFERS RECEIVED, THE SELLER IS CALLING FOR THE HIGHEST & BEST  BEFORE APRIL 26th at 12:00 pm.
Unit Size
884 Ft²
Days on Market
-
Land Size
-
Price per sqft
$260
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1926

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11764480)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
Apr 20, 2023 Listed by Century 21 Circle $229,900
Listed by Century 21 Circle

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 884
  • Garage Type: 1
  • Garage Square Area: 384
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,755
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,152
  • Gross Building Area: 2,376
  • Building Area: 884
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 884
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BINDERS ADDN
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: BINDERS ADDN : PT IN EVANS 3RD ADDN : LOT 3 BLK 4

Neighborhood

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

Geography

  • Section: 27
  • Parcel: 15-27-459-003
  • Block: 4
  • Lot: 3
  • Municipality: AURORA
  • Latitude: 41.7387
  • Longitude: -88.3107

    Address

  • Full Address: 908 Talma St
  • Address - House Number: 908
  • Address - Street Name: Talma
  • Address - Suffix Type: St
  • State: IL
  • City Name: Aurora
  • Carrier Code: C056
  • 4-Digit Zip Code: 5252
  • Zip Code: 60505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $345,170
  • Tax Rate Code Area: AU021

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 227,536
  • High Value: 265,131
  • Low Value: 189,941

    Market Valuation

  • Market Total Value: $154,352
  • Market Land Value: $15,348
  • Market Improvement Value: $139,004

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,430
  • Assessed Land Value: $5,114
  • Assessed Improvements Value: $46,316

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jul 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22604
  • Previous Sale Recording Date: Apr 10, 2018
  • Previous Sale Contract Date: Mar 19, 2018
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southeast Aurora

Stats & Trends

Median Asking:

$270,000

Sale Price/ft²

$202

Below Asking

0.01%

Average Days on Market

38

Average Home Size

1317 ft²

Average Home Age

97 years

Currently For Sale

7 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

Unit for rent at 979 Symphony Drive, Aurora, IL, 60504

$2,450 /mo

  • 3 Beds
  • 2 Baths
  • 1,736 ft²
979 Symphony Drive, Aurora, IL, 60504 Listing by Sarah Leonard

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Violeta Pacheco, Century 21 Circle
Last Updated: 3 years ago
Data Source: MRED, MLS# 11764480
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.

Frequently Asked Questions

When was property at 908 Talma Street built and last sold?
The property at 908 Talma Street was built in 1926 and last sold on Jun 30, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 908 Talma Street is $229,496.
What are some comparable homes to 908 Talma Street?
There are currently no comparable homes to 908 Talma Street.
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