NOT LISTED FOR SALE

Estimated Value: $244,000 - $249,000

4 Beds
3 Baths
1,200 Sq Ft
$180/mo HOA Fee

Last Sold October 22, 2013

Last sale price $71,500 $60 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $1,859/month

143 Days on Market

About This Home

As of October 2013

This home is located at 1040 Cascade Dr, Aurora, IL 60506 since 10 December 2012 and is currently estimated at $247,000, approximately $205 per square foot. This property was built in 1979. 1040 Cascade Dr is a home located in Kane County with nearby schools including Hall Elementary School, Jefferson Middle School, and West Aurora High School.

Last Agent to Sell the Property

Faith Staudenbaur

Coldwell Banker Real Estate Group License #475124088 Listed on: 12/10/2012

Coldwell Banker Real Estate Group

Last Buyer's Agent

Cindy Ellis

RE/MAX Action License #475134606

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,609

Year Built

  • 1979

Lot Details

  • 1,742

HOA Fees

  • $180 per month

Home Design

  • Aluminum Siding
  • Vinyl Siding

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • Parking Available
  • Parking Included in Price

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,609

Year Built

1979

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Attached Single
  • Type Attached: Condo-Duplex
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1979

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 22X11, On Level: Main Level, Flooring: Other
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 10X10, On Level: Main Level, Flooring: Other
  • Kitchen Type: Dimensions: 18X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level
  • Bedroom 4: Dimensions: 11X10, On Level: Main Level
  • Estimated Sq Ft: 1200

Exterior Features

  • Exterior Building Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Number Parking Spaces: 2
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 180
  • Assessment Includes: Common Insurance

Schools

  • Junior High Dist: 129

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2012
Closed on
Oct 15, 2013
Sold by
Reyes Herminio and Reyes Virgilia
Bought by
Hess Deanna M
Seller's Agent
Faith Staudenbaur
Coldwell Banker Real Estate Group
Buyer's Agent
Cindy Ellis
RE/MAX Action
List Price
$68,000
Sold Price
$71,500
Premium/Discount to List
$3,500
5.15%
Current Estimated Value
$247,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,500
Avg. Annual Appreciation
10.76%
Original Mortgage
$70,204
Outstanding Balance
$52,215
Interest Rate
4.24%
Mortgage Type
FHA
Estimated Equity
$194,785

Purchase Details

Closed on
Jul 30, 2004
Sold by
Minalga Sharon K
Bought by
Reyes Herminio and Reyes Virgilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
6.35%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2001
Sold by
Pmi Mtg Insurance Co
Bought by
Minalga Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2001
Sold by
Midamerica Bank
Bought by
Pmi Mtg Insurance Co

Purchase Details

Closed on
Mar 16, 2001
Sold by
Case #00 Ch K 781
Bought by
Midamerica Bank Fsb

Purchase Details

Closed on
Jun 14, 1999
Sold by
Mckanna Antoinette M
Bought by
Philpot Gwendolyn L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hess Deanna M $715,000 Chicago Title Insurance Comp
Reyes Herminio $144,500 Ticor Title Insurance Compan
Minalga Sharon K $112,000 Chicago Title Insurance Co
Pmi Mtg Insurance Co -- Chicago Title Insurance Co
Midamerica Bank Fsb -- Chicago Title Insurance Co
Philpot Gwendolyn L $93,000 Law Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hess Deanna M $70,204
Previous Owner Reyes Herminio $139,200
Previous Owner Minalga Sharon K $89,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2013 10/22/13 Sold $71,500 -10.6% $60 / Sq Ft
05/03/2013 05/03/13 Price Changed $80,000 +11.9% $67 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
04/24/2013 04/24/13 Off Market $71,500 -- --
12/10/2012 12/10/12 For Sale $68,000 -- $57 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,609 $66,204 $5,302 $60,902
2023 $4,381 $59,153 $4,737 $54,416
2022 $4,246 $53,972 $4,322 $49,650
2021 $4,043 $50,249 $4,024 $46,225
2020 $3,808 $46,674 $3,738 $42,936
2019 $3,642 $43,244 $3,463 $39,781
2018 $3,318 $39,237 $3,203 $36,034
2017 $2,772 $32,938 $2,951 $29,987
2016 $2,278 $27,439 $2,530 $24,909
2015 -- $24,318 $2,176 $22,142
2014 -- $22,267 $2,093 $20,174
2013 -- $21,950 $2,063 $19,887
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08233198

Midwest Real Estate Data (MRED)

APN: 15-17-108-008