NOT LISTED FOR SALE

1724 Melbourne Ln Aurora, IL 60503

Far Southeast Neighborhood

Estimated Value: $388,000 - $442,000

4 Beds
4 Baths
2,045 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $247,000 $121 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,121/month

About This Home

As of December 2020

FOR RENT - AVAILABE from July 1st 2022. LOCATED IN MOST DESIRABLE WHEATLAND COMMUNITY. MUST SEE TO RENT THIS 4 BEDROOMS, 2 FULL & 2 HALF BATH. LARGE KITCHEN AND SEPARATE DINING AREA, CONCRETE PATIO, FINISHED BASEMENT WITH WET BAR AND AN OFFICE AREA. FENCED BACKYARD FOR ENTERTAINING AND PRIVACY. PETS ALLOWED WITH WEIGHT RESTRICTION OF 60 LBS AND PET DEPOSIT REQUIRED. GREAT LOCATION IN MOST DESIRABLE SCHOOL DISTRICT 308. GOOD CREDIT MUST!!!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2021
Closed on
Dec 8, 2020
Sold by
Jones Temeka
Bought by
Katrhikeyan Srinivasan and Katrhikeyan Lakshmi
Seller's Agent
Lakshmi Karthikeyan
LAK Associates, Inc
Buyer's Agent
Karthikeyan Srinivasan
LAK Associates, Inc
Sold Price
$2,400
Current Estimated Value
$408,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,988
Avg. Annual Appreciation
11.99%
Original Mortgage
$172,500
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2017
Sold by
Turner Benjamin D
Bought by
Jones Temeka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,192
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 2009
Sold by
Turner Veronica G
Bought by
Turner Benjamin D

Purchase Details

Closed on
Apr 1, 1999
Sold by
Greenfield/Waterbury Llc
Bought by
Turner Benjamin D and Turner Veronica G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.1%

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Katrhikeyan Srinivasan $247,000 Fidelity National Title
Jones Temeka $259,900 Fidelity National Title
Turner Benjamin D -- None Available
Turner Benjamin D $203,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Katrhikeyan Srinivasan $172,500
Previous Owner Jones Temeka $255,192
Previous Owner Turner Benjamin D $236,000
Previous Owner Turner Benjamin D $59,000
Previous Owner Turner Benjamin D $262,492
Previous Owner Turner Benjamin D $44,329
Previous Owner Turner Benjamin D $15,000
Previous Owner Turner Benjamin D $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Rented $2,800 0.0% --
06/14/2022 06/14/22 For Rent $2,800 0.0% --
06/13/2022 06/13/22 Under Contract -- -- --
06/10/2022 06/10/22 For Rent $2,800 +16.7% --
02/01/2021 02/01/21 Rented $2,400 0.0% --
01/13/2021 01/13/21 Under Contract -- -- --
01/09/2021 01/09/21 For Rent $2,400 0.0% --
12/18/2020 12/18/20 Sold $247,000 -6.8% $121 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $264,900 -1.9% $130 / Sq Ft
06/09/2020 06/09/20 Price Changed $269,900 -1.8% $132 / Sq Ft
05/13/2020 05/13/20 Price Changed $274,900 -1.8% $134 / Sq Ft
05/01/2020 05/01/20 For Sale $279,900 +13.3% $137 / Sq Ft
04/24/2020 04/24/20 Off Market $247,000 -- --
04/08/2020 04/08/20 For Sale $279,900 -- $137 / Sq Ft

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 $10,025 $108,674 $27,280 $81,394
2022 $9,277 $99,226 $25,805 $73,421
2021 $9,219 $94,501 $24,576 $69,925
2020 $9,434 $93,004 $24,187 $68,817
2019 $9,551 $90,383 $23,505 $66,878
2018 $8,639 $78,964 $22,988 $55,976
2017 $8,512 $76,926 $22,395 $54,531
2016 $8,546 $75,270 $21,913 $53,357
2015 $9,260 $72,375 $21,070 $51,305
2014 $9,260 $72,190 $21,070 $51,120
2013 $9,260 $72,190 $21,070 $51,120
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lakshmi Karthikeyan

    LAK Associates, Inc

    Section Image
  • Nikki Sosa

    Buyer's Agent in 2022

    Nikki Sosa

    Brummel Properties, Inc.

    (630) 551-8005

    22 Total Sales

    Nikki Sosa
    Section Image

  • K

    Buyer's Agent in 2021

    Karthikeyan Srinivasan

    LAK Associates, Inc

    1 in this area

    24 Total Sales

    Karthikeyan Srinivasan
    Section Image
  • Ellen Rhodes

    Seller's Agent in 2020

    Ellen Rhodes

    Coldwell Banker Realty

    (630) 639-7585

    4 in this area

    100 Total Sales

    Ellen Rhodes
    Section Image

  • M

    Buyer's Agent in 2020

    Madhav Sarraf

    LAK Associates, Inc

    (630) 286-2794

    1 in this area

    5 Total Sales

    Madhav Sarraf
    Section Image
See All Agents

Map

Illinois Will County Aurora 60503 Far Southeast

1724 Melbourne Ln, Aurora, IL

Homes for Sale in Aurora, IL

This home is located at 1724 Melbourne Ln, Aurora, IL 60503 and is currently estimated at $408,388, approximately $199 per square foot. 1724 Melbourne Ln is a home located in Will County with nearby schools including The Wheatlands Elementary School, Bednarcik Jr. High School, and Oswego East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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