461 W New York St Aurora, IL 60506
Near West Galena NeighborhoodEstimated Value: $374,000 - $418,401
6
Beds
5
Baths
--
Sq Ft
10,454
Sq Ft Lot
About This Home
As of December 2022Beautiful Queen Anne multi-family (4-unit) home located in the Tanner Historic District steps away from lovely Blackhawk Park, which features a walking path, playground and splash-pad. Walking distance to downtown shops, restaurants, the public library, and the award-winning Paramount Theatre plus easy access to buses and the train station. Recipient of the Mayor's Award for Historic Preservation with recently upgraded electrical, plumbing, insulation and more. Three 1BR/1BA units with mostly long-term renters and one very large 3BR unit with extra/partially finished basement space. Great property/potential for an investor with rents that have been frozen for long-term tenants-OR live in one unit and use the rental income to pay your mortgage! Laundry in the basement is accessible from a separate external door or directly from the 3BR unit. All units have front and rear exits and fire alarms are hard-wired and connected throughout the building for safety. Situated in a neighborhood full of beautiful historic homes, this gem has off street parking available for all four units and an attractive outdoor space with a fenced yard and Unilock stone patio and walkway. (Note: property has one PIN, but two USPS addresses: 103 N. View + 461 W. New York). $5000 credit given at closing for updates.
Last Agent to Sell the Property
Jason Sunderland
Keller Williams Infinity License #475152096 Listed on: 05/06/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,378
Year Built
- Built in 1920
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 95x115
Home Design
- Frame Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 5 Bathrooms
Parking
- 4 Parking Spaces
- Uncovered Parking
- Off-Street Parking
- Parking Space is Owned
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 4 Units
Building Details
- Fuel Expense $3,000
- Insurance Expense $1,337
- Maintenance Expense $1,045
- Trash Expense $400
- Water Sewer Expense $2,200
- Gross Income $45,480
- Net Operating Income $29,660
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2022
Closed on
Dec 13, 2022
Sold by
Guzman Richard and Guzman Desiree
Bought by
Koren Ivan
Seller's Agent
Jason Sunderland
Keller Williams Infinity
Buyer's Agent
Jim Garry
Garry Real Estate
List Price
$409,000
Sold Price
$352,000
Premium/Discount to List
-$57,000
-13.94%
Total Days on Market
200
Views
71
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,850
Avg. Annual Appreciation
5.08%
Purchase Details
Closed on
Sep 28, 2011
Sold by
West Suburban Bank
Bought by
Guzman Richard and Guzman Desiree
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,102
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
May 9, 2006
Sold by
Cooke Walter M
Bought by
West Suburban Bank and Trust #12834
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving
Similar Homes in Aurora, IL
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Koren Ivan | $352,000 | -- | |
| Guzman Richard | $195,000 | First American Title | |
| West Suburban Bank | -- | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Guzman Richard | $180,000 | |
| Previous Owner | Guzman Richard | $50,000 | |
| Previous Owner | Guzman Richard | $35,000 | |
| Previous Owner | Guzman Richard | $174,750 | |
| Previous Owner | Guzman Richard | $187,102 | |
| Previous Owner | West Suburban Bank | $30,324 | |
| Previous Owner | Cooke Walter M | $30,000 | |
| Previous Owner | Cooke Walter M | $85,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/21/2022 12/21/22 | Sold | $352,000 | -9.5% | -- |
| 11/23/2022 11/23/22 | Pending | -- | -- | -- |
| 11/06/2022 11/06/22 | Price Changed | $389,000 | -4.9% | -- |
| 10/10/2022 10/10/22 | For Sale | $409,000 | 0.0% | -- |
| 09/28/2022 09/28/22 | Pending | -- | -- | -- |
| 09/14/2022 09/14/22 | For Sale | $409,000 | 0.0% | -- |
| 08/19/2022 08/19/22 | Pending | -- | -- | -- |
| 07/02/2022 07/02/22 | Price Changed | $409,000 | 0.0% | -- |
| 07/02/2022 07/02/22 | For Sale | $409,000 | -6.0% | -- |
| 06/16/2022 06/16/22 | Pending | -- | -- | -- |
| 05/06/2022 05/06/22 | For Sale | $435,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $9,596 | $110,964 | $12,149 | $98,815 |
| 2022 | $8,142 | $97,034 | $11,085 | $85,949 |
| 2021 | $7,791 | $90,340 | $10,320 | $80,020 |
| 2020 | $7,378 | $83,913 | $9,586 | $74,327 |
| 2019 | $7,099 | $77,748 | $8,882 | $68,866 |
| 2018 | $6,319 | $68,486 | $8,216 | $60,270 |
| 2017 | $6,439 | $61,689 | $7,570 | $54,119 |
| 2016 | $6,129 | $56,840 | $6,489 | $50,351 |
| 2015 | -- | $51,009 | $5,580 | $45,429 |
| 2014 | -- | $45,585 | $5,128 | $40,457 |
| 2013 | -- | $48,228 | $5,158 | $43,070 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2022
Jason Sunderland
Keller Williams Infinity
-
Jake Tysiak
Seller Co-Listing Agent in 2022
Jake Tysiak
Keller Williams Inspire
(815) 483-7563
2 in this area
38 Total Sales
-
Jim Garry
Buyer's Agent in 2022
Jim Garry
Garry Real Estate
(630) 561-3491
1 in this area
174 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11395916
APN: 15-21-254-005
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