501 Palace St Aurora, IL 60506
Near West Galena NeighborhoodEstimated Value: $188,000 - $270,000
4
Beds
2
Baths
--
Sq Ft
5,227
Sq Ft Lot
About This Home
As of April 2019Historic District Location - Bank Owned. Sold As-Is. 100% tax prorations
Last Agent to Sell the Property
Grandview Realty, LLC License #471019567 Listed on: 04/01/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,495
Year Built
- Built in 1910
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 52.5x106
Home Design
- Cedar
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 7, 2021
Sold by
Porcayo Esteban
Bought by
Guerrero Development Llc
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2019
Sold by
Guerrero Development Llc
Bought by
Sanchez Alejandro and Sanchez Amelia
Purchase Details
Listed on
Apr 1, 2019
Closed on
May 30, 2019
Sold by
Maria Rico Maricela Linda
Bought by
Guerrero Development Llc
Seller's Agent
Christopher Lobrillo
Grandview Realty, LLC
Buyer's Agent
Ismael Quintana
Vista Real Estate Group LLC
List Price
$124,000
Sold Price
$124,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$6,000
Interest Rate
4.3%
Mortgage Type
Stand Alone Second
Purchase Details
Listed on
Apr 1, 2019
Closed on
Apr 5, 2019
Sold by
Tcf National Bank
Bought by
Rico Maricela Linda Maria
Seller's Agent
Christopher Lobrillo
Grandview Realty, LLC
Buyer's Agent
Ismael Quintana
Vista Real Estate Group LLC
List Price
$124,000
Sold Price
$124,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
4.3%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jun 29, 2005
Sold by
Olin Sonia J
Bought by
Flores Jose Santiago and Guerrere Santos
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
8.25%
Mortgage Type
Fannie Mae Freddie Mac
Similar Home in the area
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 |
|---|---|---|---|
| Guerrero Development Llc | -- | -- | |
| Sanchez Alejandro | -- | None Available | |
| Delrosario Maria | -- | Attorney | |
| Gonzalez Paulina | -- | Attorney | |
| Porcayo Esteban | -- | Attorney | |
| Guerrero Development Llc | -- | None Available | |
| Rico Maricela Linda Maria | $124,000 | Chicago Title | |
| Tcf National Bank | -- | Chicago Title | |
| Flores Jose Santiago | $195,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Guerrero Development Llc | $292,500 | |
| Previous Owner | Tcf National Bank | $6,000 | |
| Previous Owner | Guerrero Santos | $187,959 | |
| Previous Owner | Flores Jose Santiago | $185,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2019 04/30/19 | Sold | $124,000 | 0.0% | -- |
| 04/03/2019 04/03/19 | Pending | -- | -- | -- |
| 04/01/2019 04/01/19 | For Sale | $124,000 | -- | -- |
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 | $6,621 | $76,457 | $4,263 | $72,194 |
| 2022 | $6,247 | $69,760 | $3,890 | $65,870 |
| 2021 | $6,007 | $64,948 | $3,622 | $61,326 |
| 2020 | $5,722 | $60,327 | $3,364 | $56,963 |
| 2019 | $5,036 | $56,817 | $3,117 | $53,700 |
| 2018 | $4,790 | $53,198 | $2,883 | $50,315 |
| 2017 | $4,495 | $49,013 | $2,656 | $46,357 |
| 2016 | $4,198 | $44,890 | $2,530 | $42,360 |
| 2015 | -- | $39,409 | $2,176 | $37,233 |
| 2014 | -- | $39,057 | $2,093 | $36,964 |
| 2013 | -- | $41,192 | $2,476 | $38,716 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Lobrillo
Seller's Agent in 2019
Christopher Lobrillo
Grandview Realty, LLC
(630) 802-4411
4 in this area
1,771 Total Sales
-
Lynda Sanchez-Werner
L
Seller Co-Listing Agent in 2019
Lynda Sanchez-Werner
Grandview Realty, LLC
(630) 673-8004
4 in this area
1,709 Total Sales
-
Ismael Quintana
Buyer's Agent in 2019
Ismael Quintana
Vista Real Estate Group LLC
(630) 546-5961
2 in this area
86 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10327120
APN: 15-15-353-024
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