NOT LISTED FOR SALE

1040 N Highland Ave Unit 42 Aurora, IL 60506

North River Neighborhood

Estimated Value: $280,000 - $304,423

4 Beds
2 Baths
-- Sq Ft
8,102 Sq Ft Lot

Last Sold July 08, 2019

Last sale price $170,100

Est. 73% increase in value since last sale

Current estimated payment $2,178/month

7 Days on Market

Highlights

  • Ranch Style House
  • Heating Available
  • 3-minute walk to Jaycee Park
  • 2 Car Attached Garage

About This Home

As of July 2019

Live for free...almost! Let your tenant make most of the mortgage payment while you enjoy the good life in this side by side duplex with 2 bedroom units each side, plus attached garages...great location! Excellent Cash flow potential...low vacancy...located near hospitals & university, stores, parks, trails. Easy Money live in or rent out both units. Will show a positive cash flow. currently occupied month to month tenants...come take a look at what this west Aurora location has to offer you.

Last Agent to Sell the Property

Peter Dominguez

Century 21 Circle - Aurora Listed on: 04/29/2019

Century 21 Circle - Aurora

Last Buyer's Agent

Sergio Lara

Real Broker, LLC License #475138247

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 1979

Lot Details

  • 8,102

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 75x108
  • Heating Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,500

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1979
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 169900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Schools

  • Middle/Junior School District: 129

Lot Info

  • Lot Dimensions: 75X108
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5499.7
  • Tax Year: 2017

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jul 3, 2019
Sold by
Dembowski Edward and Dembowski Anna
Bought by
Maldonado Graciela Tovar
Seller's Agent
Peter Dominguez
Century 21 Circle - Aurora
Buyer's Agent
Sergio Lara
Real Broker, LLC
List Price
$169,900
Sold Price
$170,100
Premium/Discount to List
$200
0.12%
Total Days on Market
7
Current Estimated Value
$294,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,506
Avg. Annual Appreciation
8.90%
Original Mortgage
$127,575
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 1995
Sold by
Dembowski Edward and Dembowski Anna
Bought by
Dembowski Edward and Dembowski Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,400
Interest Rate
7.81%

Purchase Details

Closed on
Sep 15, 1995
Sold by
Frieders Michael J
Bought by
Dembowski Edward and Dembowski Anna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,400
Interest Rate
7.81%
Source: Public Records

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Range of Values:

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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
Maldonado Graciela Tovar $170,500 Affinity Title Services Llc
Dembowski Edward -- --
Dembowski Edward $92,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldonado Graciela Tovar $110,000
Closed Maldonado Graciela Tovar $127,575
Previous Owner Dembowski Edward $64,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2019 07/08/19 Sold $170,100 +0.1% --
05/06/2019 05/06/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $169,900 -- --
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
2023 $6,368 $82,348 $11,848 $70,500
2022 $6,120 $75,135 $10,810 $64,325
2021 $5,843 $69,951 $10,064 $59,887
2020 $5,521 $64,974 $9,348 $55,626
2019 $6,062 $61,998 $8,661 $53,337
2018 $5,864 $58,738 $8,011 $50,727
2017 $5,500 $53,438 $7,381 $46,057
2016 $4,958 $46,673 $6,327 $40,346
2015 -- $39,286 $5,441 $33,845
2014 -- $38,768 $5,233 $33,535
2013 -- $40,861 $5,158 $35,703
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10360449

Midwest Real Estate Data (MRED)

APN: 15-16-202-037