NOT LISTED FOR SALE

407 Michigan Ave Aurora, IL 60506

North River Neighborhood

Estimated Value: $265,000 - $279,635

3 Beds
2 Baths
1,480 Sq Ft
$184/Sq Ft Est. Value

About This Home

This home is located at 407 Michigan Ave, Aurora, IL 60506 and is currently estimated at $272,659, approximately $184 per square foot. 407 Michigan Ave is a home located in Kane County with nearby schools including Hill Elementary School, Herget Middle School, and West Aurora High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2004
Sold by
Race Richard S and Race Nina C
Bought by
Cervantes Jose E and Cervantes Rosalina A
Current Estimated Value
$272,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Race Richard S and Manzella Nina C
Bought by
Race Richard S and Race Nina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
6.18%

Purchase Details

Closed on
Apr 30, 1996
Sold by
Sachen Le Roy J and Sachen Wilma Q
Bought by
Race Richard S and Manzella Nina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
7.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 22, 1996
Sold by
Miller Thomas J and Miller Deborah L
Bought by
Sachen Leroy J and Sachen Wilma O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
7.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Cervantes Jose E $157,500 Ticor Title Insurance Co
Race Richard S -- Law Title Insurance Co Inc
Race Richard S $98,000 Law Title Insurance Co Inc
Sachen Leroy J -- Lawyers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cervantes Jose E $127,000
Closed Cervantes Jose E $140,008
Closed Cervantes Jose E $126,000
Previous Owner Race Richard S $103,000
Previous Owner Race Richard S $104,500
Previous Owner Race Richard S $96,800
Source: Public Records

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 $4,593 $74,006 $13,260 $60,746
2023 $4,293 $66,124 $11,848 $54,276
2022 $4,367 $60,332 $10,810 $49,522
2021 $4,127 $56,170 $10,064 $46,106
2020 $3,855 $52,174 $9,348 $42,826
2019 $3,680 $48,634 $8,661 $39,973
2018 $3,317 $44,224 $8,011 $36,213
2017 $3,722 $47,168 $7,381 $39,787
2016 $4,303 $40,508 $6,327 $34,181
2015 -- $35,139 $5,441 $29,698
2014 -- $32,696 $5,233 $27,463
2013 -- $34,397 $5,158 $29,239
Source: Public Records

Map

Illinois Kane County Aurora 60506 North River

407 Michigan Ave, Aurora, IL

This home is located at 407 Michigan Ave, Aurora, IL 60506 and is currently estimated at $272,659, approximately $184 per square foot. 407 Michigan Ave is a home located in Kane County with nearby schools including Hill Elementary School, Herget Middle School, and West Aurora 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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