NOT LISTED FOR SALE

Estimated Value: $356,000 - $396,000

12 Beds
-- Bath
3,000 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 24, 2025

Last sale price $350,000 $117 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,455/month

18 Days on Market

About This Home

As of January 2025

***INVESTMENT PROPERTY***6 UNIT RESIDENTIAL APARTMENT BUILDING IN GOOD CONDITION WITH 4 SPACIOUS STUDIO AND 2 ONE BEDROOM APARTMENTS (WITH ENCLOSED PORCH). ALL UNITS HAVE SEPARATE KITCHENS AND LARGE CLOSETS. 3 STUDIOS ARE CURRENTLY MONTH TO MONTH LEASE (Potential to increase rent). THE OTHER 3 ARE READY TO BE RENTED. ONE OF THE VACANT 1 BEDROOMS JUST FINISHED UPDATING. RENT IS PAID UP. 6 CAR GARAGE FOR PARKING. UNFINISHED BASEMENT WITH SEPARATE ENTRANCE HAS MECHANICALS, METERS, SECURITY SETUP AND STORAGE FOR SELLER. ROOF 8 YRS OLD. ALL INSPECTIONS ARE UP TO DATE WITH CITY OF AURORA. SOLID MONEY MAKER AND EASY TO RENT. WALKING DISTANCE TO DOWNTOWN AURORA. CITY OF AURORA REQUIRES A LANDLORD LICENSE, WHICH YOU CAN APPY FOR AFTER CLOSING. Property is in the historical district. SELLING AS IS

Last Agent to Sell the Property

Ronda Popp

Legacy Properties, A Sarah Leonard Company, LLC License #475138891 Listed on: 11/11/2024

Co-Listed By

Brian Hilgen

Legacy Properties, A Sarah Leonard Company, LLC License #475132908

Last Buyer's Agent

Nayeli Perez

Realty of America, LLC License #475188526

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,057

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 60x132

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Gable Roof Shape
  • Stone Foundation
  • Wood Frame Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Exterior Basement Entry

Utilities

  • Central Heating
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $665
  • Fuel Expense $2,239
  • Insurance Expense $1,305
  • Trash Expense $1,694
  • Water Sewer Expense $1,528
  • Operating Expense $14,000
  • Gross Income $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,057

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1900
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Unfinished,Exterior Access
  • Refrigerators: 6
  • Ranges: 6
  • Room: 0

Exterior Features

  • Construction Materials: Wood Frame
  • Foundation Details: Stone
  • Roof: Composition
  • Exterior Building Type: Aluminum Siding
  • Roof Structure: Gable
  • Misc Outside: Enclosed Porch,Enclosed Stairs,Security Lighting,Security System

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Electric: Circuit Breakers, Fuses, Separate Meters
  • Utilities: Water-Municipal
  • Heat/Ventilation: Central Bldg Heat

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1694
  • Water Sewer Expenses: 1528

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60X132
  • Alternate Phone Number: (630) 675-8471

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10
  • Tenancy Type: Month To Month

Building Info

  • BuildingAreaTotal: 3000

Multi Family

  • Fuel Expense: 2239
  • Insurance Expense: 1305
  • ElectricExpense: 665
  • GrossIncome: 6000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 14000
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 6057
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Jan 2, 2025
Sold by
Pannell Sandra M
Bought by
Huseman Llc-Benton Series
Seller's Agent
Ronda Popp
Legacy Properties, A Sarah Leonard Company, LLC
Buyer's Agent
Nayeli Perez
Realty of America, LLC
List Price
$350,000
Sold Price
$350,000
Views
1
Current Estimated Value
$372,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,887
Avg. Annual Appreciation
6.22%
Original Mortgage
$280,000
Outstanding Balance
$272,686
Interest Rate
6.91%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$100,201
Source: Public Records
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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
Huseman Llc-Benton Series -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huseman Llc-Benton Series $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2025 01/24/25 Sold $350,000 0.0% $117 / Sq Ft
11/12/2024 11/12/24 For Sale $350,000 0.0% $117 / Sq Ft
10/23/2024 10/23/24 For Sale $350,000 -- $117 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,219 $90,717 $7,522 $83,195
2023 $6,057 $81,055 $6,721 $74,334
2022 $5,436 $71,543 $6,132 $65,411
2021 $5,377 $66,607 $5,709 $60,898
2020 $5,145 $61,868 $5,303 $56,565
2019 $5,279 $59,905 $4,913 $54,992
2018 $4,984 $54,732 $4,544 $50,188
2017 $4,643 $47,344 $4,187 $43,157
2016 $4,716 $44,817 $3,589 $41,228
2015 -- $39,986 $3,086 $36,900
2014 -- $41,550 $2,836 $38,714
2013 -- $47,377 $2,853 $44,524
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12192333

Midwest Real Estate Data (MRED)

APN: 15-22-459-019