NOT LISTED FOR SALE

407 Michigan Ave Aurora, IL 60506

North River Neighborhood

Estimated Value: $268,000 - $300,747

3 Beds
2 Baths
1,480 Sq Ft
$193/Sq Ft Est. Value

About This Home

This home is located at 407 Michigan Ave, Aurora, IL 60506 and is currently estimated at $284,937, approximately $192 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2004
Sold by
Bought by
Current Estimated Value
$284,937

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
Outstanding Balance
$58,846
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$226,091

Purchase Details

Closed on
Oct 25, 2002
Sold by
Bought by

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
Bought by

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
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$157,500 Ticor Title Insurance Co
-- Law Title Insurance Co Inc
$98,000 Law Title Insurance Co Inc
-- Lawyers Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $126,000
Previous Owner $103,000
Previous Owner $96,800
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.