NOT LISTED FOR SALE

Estimated Value: $761,000 - $826,789

12 Beds
7 Baths
-- Sq Ft
0.27 Acres

Last Sold July 26, 2016

Last sale price $395,000

Est. 101% increase in value since last sale

Current estimated payment $5,540/month

323 Days on Market

About This Home

As of July 2016

Long time family owned property is on the market. Great Investment. All Brick building in great shape on Downer Place in Historical Neighborhood in Aurora. 2 one bedrooms and 5 two bedrooms.

Last Agent to Sell the Property

Laura Tomsa

Century 21 Affiliated Listed on: 06/15/2015

Last Buyer's Agent

Jayesh Parekh

ARNI Realty Incorporated License #475149245

ARNI Realty Incorporated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,261

Year Built

  • 1972

Lot Details

  • 0.27

Community Details

  • Insurance Expense $2,064

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,261

Year Built

1972

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 31327
  • Scavenger Expense: 1170
  • Total Annual Exp: 21178
  • Total Annual Income: 56045
  • Total Monthly Income: 5475
  • Number Of Stories: 2
  • Estimated Year Built: 0000
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built (Public Record): 1972

Exterior Features

  • Acreage: 0.27

Garage/Parking

  • Number Of Parking Spaces: 10

Utilities

  • Heatventilation: Electric
  • Water Expense: 4656

Condo/Co-op/Association

  • Units in Building: 7

Fee Information

  • Electricity Expense: 616
  • Janitor Expense: 665

Lot Info

  • Lot Dimensions: 68 X 176
  • Lot Sq Ft: 11965
  • Parcel Identification Number: 1522458012

Rental Info

  • Gross Rental Income: 65700
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2014
  • Insurance Expense: 2064

Tax Info

  • Taxes: 14560

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Agrawal and Sapna
Bought by
Kaps3 Properties Llc
Total Days on Market
323
Current Estimated Value
$793,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$724,717
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$69,178

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jun 22, 2016
Sold by
Smith Charles W
Bought by
Agrawal Piyush and Agrawal Sapna
Seller's Agent
Laura Tomsa
Century 21 Affiliated
Buyer's Agent
Jayesh Parekh
ARNI Realty Incorporated
List Price
$464,900
Sold Price
$395,000
Premium/Discount to List
-$69,900
-15.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$316,000
Interest Rate
3.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 2008
Sold by
Smith Charles W and Smith June L
Bought by
Smith Charles W and Smith June L
Source: Public Records

Range of Values:

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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
Kaps3 Properties Llc -- Pro Title Group
Agrawal Piyush $395,000 Chicago Title Insurance Co
Smith Charles W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaps3 Properties Llc $780,000
Closed Kaps3 Properties Llc $180,000
Previous Owner Agrawal Piyush $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2016 07/26/16 Sold $395,000 -15.0% --
05/03/2016 05/03/16 Pending -- -- --
06/15/2015 06/15/15 For Sale $464,900 -- --
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 $13,261 $177,460 $29,161 $148,299
2022 $12,302 $161,916 $26,607 $135,309
2021 $12,170 $150,745 $24,771 $125,974
2020 $11,645 $140,020 $23,009 $117,011
2019 $12,674 $143,831 $21,318 $122,513
2018 $13,755 $151,059 $19,719 $131,340
2017 $13,650 $139,186 $18,169 $121,017
2016 $15,006 $142,599 $15,574 $127,025
2015 -- $123,331 $13,392 $109,939
2014 -- $115,187 $12,308 $102,879
2013 -- $124,816 $12,133 $112,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08954191

Midwest Real Estate Data (MRED)

APN: 15-22-458-012