NOT LISTED FOR SALE

256 W New York St Unit 258 Aurora, IL 60506

Near West Galena Neighborhood

Estimated Value: $318,000 - $397,000

6 Beds
4 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold October 30, 2015

Last sale price $200,000

Est. 77% increase in value since last sale

Current estimated payment $2,658/month

160 Days on Market

About This Home

As of October 2015

SAME OWNER FOR OVER 25 Years! This is a money making machine. Live in one of the units for free and pay the note with rental income. Or if you have the cash to buy without a mortgage. Check out the return on the investment. Owner says he has never had a problem renting the units. Close to everything. Shopping-Laundromat-Gas Station-Liqour Store-PLS-everything is a stone throw away.

Last Agent to Sell the Property

Mark Martinez

Coldwell Banker Real Estate Group License #475112137 Listed on: 02/27/2015

Coldwell Banker Real Estate Group

Last Buyer's Agent

Jose Ochoa

Century 21 Circle License #475142577

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,416

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 95x77
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,416

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 5

Exterior Features

  • List Price: 219000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 129

Lot Info

  • Lot Dimensions: 95X77
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas,Heat

Multi Family

  • GrossIncome: 34800
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 7416
  • Tax Year: 2013
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2015
Closed on
Oct 30, 2015
Sold by
Stalka Robert
Bought by
Curry Christopher
Seller's Agent
Mark Martinez
Coldwell Banker Real Estate Group
Buyer's Agent
Jose Ochoa
Century 21 Circle
List Price
$229,000
Sold Price
$200,000
Premium/Discount to List
-$29,000
-12.66%
Total Days on Market
160
Current Estimated Value
$353,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,544
Avg. Annual Appreciation
6.10%
Original Mortgage
$196,377
Outstanding Balance
$142,579
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$210,965
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
Curry Christopher $200,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curry Christopher $196,377
Previous Owner Stalka Robert J $102,000
Previous Owner Stalka Robert J $65,000
Previous Owner Stalka Robert J $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $200,000 -8.7% --
08/06/2015 08/06/15 Pending -- -- --
05/05/2015 05/05/15 Price Changed $219,000 -4.4% --
02/27/2015 02/27/15 For Sale $229,000 -- --
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 $8,174 $95,432 $7,775 $87,657
2022 $7,708 $87,073 $7,094 $79,979
2021 $7,406 $81,066 $6,605 $74,461
2020 $7,049 $75,298 $6,135 $69,163
2019 $6,822 $69,765 $5,684 $64,081
2018 $6,124 $61,341 $5,258 $56,083
2017 $5,608 $54,491 $4,845 $49,646
2016 $5,323 $50,106 $4,153 $45,953
2015 -- $44,914 $3,571 $41,343
2014 -- $43,045 $3,282 $39,763
2013 -- $64,879 $3,136 $61,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08848001

Midwest Real Estate Data (MRED)

APN: 15-22-163-001