NOT LISTED FOR SALE

419 Offutt Ln North Aurora, IL 60542

Estimated Value: $480,000 - $486,000

3.22 Acres
$150,000 Price per Acre
140,263 Sq Ft Lot

Last Sold November 06, 2017

Last sale price $350,000

Est. 38% increase in value since last sale

Current estimated payment $2,922/month

356 Days on Market

About This Lot

As of November 2017

Tremendous DEVELOPEMENT/ INVESTMENT opportunity with over 3 ACRES on the FOX RIVER located on a partially wooded, gently sloping lot that reaches to the bike path easement. 2 pin numbers , 1 in a TIF district. 5 residential homes on site. 1 is owner occupied, 4 others rented out bringing in $3,450 a month. The Village of North Aurora comprehensive plan shows SINGLE FAMILY ATTACHED for future use. Close to I-88, shopping, medical facilities, and restaurants. Near all the action, yet offers the best of nature in your surroundings.

Last Agent to Sell the Property

Kristy Sreenan

Baird & Warner Fox Valley - Geneva License #475163207 Listed on: 10/17/2016

Baird & Warner Fox Valley -  Geneva

Last Buyer's Agent

Nancy Roth

Fathom Realty IL LLC License #471003739

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,851

Lot Details

  • 3.22 Acre Lot
  • Lot Dimensions are 395x358x380x391
  • Waterfront
  • Property fronts an easement
  • Additional Parcels
  • Property is zoned SINGL

Utilities

  • Electricity To Lot Line
  • Gas Available
  • Private Company Owned Well

Property Details

Property Type

Land

Est. Annual Taxes

$4,851

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Multi-Family, Single Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Frontage Length: 395
  • Frontage Type: Easement
  • List Price: 350000
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water Nearby, Well Private

Schools

  • Middle/Junior School District: 129

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 3.22
  • Lot Dimensions: 395X358X380X391
  • Zoning: SINGL
  • Lot Size: 3.0-3.99 Acres
  • Special Assessments: U
  • Land Amenities: Curbs and Gutters
  • Estimated Land Sq Ft: 140359
  • Land Description: Irregular,Sloping,Wooded

Rental Info

  • Board Number: 5
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 4851.19
  • Tax Year: 2015
  • Tax Exemptions: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2024
Sold by
Fr2 Inc
Bought by
Cipher Enterprises Llc
Current Estimated Value
$483,000

Purchase Details

Listed on
Oct 17, 2016
Closed on
Oct 2, 2017
Sold by
Morris Susan A
Bought by
Fr2 Inc
Seller's Agent
Kristy Sreenan
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Nancy Roth
Fathom Realty IL LLC
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%

Purchase Details

Closed on
Feb 24, 2003
Sold by
The Village Of North Aurora
Bought by
The City Of Aurora

Purchase Details

Closed on
Feb 2, 2002
Sold by
Morris Jeffrey H and Morris Susan A
Bought by
Village Of North Aurora
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
Cipher Enterprises Llc $320,000 None Listed On Document
Fr2 Inc -- None Available
The City Of Aurora -- --
Village Of North Aurora -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Jeffrey H $190,000
Previous Owner Morris Jeffrey H $161,000
Previous Owner Morris Jeffrey H $12,153
Previous Owner Morris Jeffrey H $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2018 02/06/18 Off Market $350,000 -- --
11/06/2017 11/06/17 Sold $350,000 0.0% --
10/05/2017 10/05/17 Pending -- -- --
09/23/2017 09/23/17 For Sale $350,000 0.0% --
09/15/2017 09/15/17 Off Market $350,000 -- --
08/28/2017 08/28/17 Price Changed $350,000 -30.0% --
07/18/2017 07/18/17 Price Changed $500,000 -9.1% --
07/06/2017 07/06/17 Price Changed $550,000 -31.3% --
10/14/2016 10/14/16 For Sale $800,000 -- --
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
2024 $3,482 $45,748 $45,748 --
2023 $3,369 $40,876 $40,876 --
2022 $3,125 $37,296 $37,296 $0
2021 $2,999 $34,723 $34,723 $0
2020 $2,838 $32,252 $32,252 $0
2019 $1,030 $11,131 $11,131 $0
2018 $3,827 $39,989 $10,296 $29,693
2017 $2,156 $32,892 $9,487 $23,405
2016 $3,194 $31,463 $8,132 $23,331
2015 -- $28,824 $6,993 $21,831
2014 -- $25,852 $6,765 $19,087
2013 -- $25,619 $6,804 $18,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09368944

Midwest Real Estate Data (MRED)

APN: 15-10-151-020