NOT LISTED FOR SALE

502 Colfax Ave Aurora, IL 60505

Light of the Community Neighborhood

Estimated Value: $213,000 - $281,000

3 Beds
2 Baths
1,053 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 26, 2012

Last sale price $83,000 $79 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $1,669/month

12 Days on Market

About This Home

As of April 2012

FORECLOSURE - Charming ranch next door to Solfisburg Park. 3 Bedrooms, 2 baths and vaulted ceiling. Spacious corner lot with a large 2 car detached garage. Sold as is, tax @ 100%, no survey, 2yr Warranty for Owner Occupants only.

Last Agent to Sell the Property

Shirley Guercio

Coldwell Banker Honig-Bell Listed on: 03/03/2012

Last Buyer's Agent

George Rodriguez

George Rodriguez Realty Group License #471011265

Property Details

Home Type

  • Other

Year Built

  • 2003

Lot Details

  • 0.27

Parking

  • 2

Home Design

  • Asphalt Shingled Roof
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Basement Fills Entire Space Under The House
  • Corner Lot
  • Central Air

Property Details

Home Type

Other

Year Built

2003

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 5
  • Basement: Full
  • Basement: Unfinished
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X12
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 12X10
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 12X10
  • Living Room Level: Main Level
  • Living Room Size: 14X10
  • Dining Room Level: Not Applicable
  • Kitchen Level: Main Level
  • Kitchen Size: 12X12

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Steel Siding
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Heat/Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Not Applicable

Schools

  • Junior High Dist: 131

Lot Info

  • Lot Dimensions: 51X165
  • Lot Description: Corner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2012
Closed on
Mar 20, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Govea Saul
Seller's Agent
Shirley Guercio
Coldwell Banker Honig-Bell
Buyer's Agent
George Rodriguez
George Rodriguez Realty Group
List Price
$77,000
Sold Price
$83,000
Premium/Discount to List
$6,000
7.79%
Current Estimated Value
$243,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,966
Avg. Annual Appreciation
8.19%
Original Mortgage
$80,895
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 3, 2012
Closed on
Mar 16, 2012
Sold by
Gudino Jose
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Shirley Guercio
Coldwell Banker Honig-Bell
Buyer's Agent
George Rodriguez
George Rodriguez Realty Group
List Price
$77,000
Sold Price
$83,000
Premium/Discount to List
$6,000
7.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,895
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2005
Sold by
Gudino Jose and Gudino Bernabe
Bought by
Gudino Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,900
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2003
Sold by
Enoch Gerald
Bought by
Gudino Jose and Gudino Bernabe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,910
Interest Rate
6.3%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 1994
Sold by
Commonwealth Edison Company
Bought by
Friedrichs Jon and Friedrichs Margaret A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Govea Saul $83,000 None Available
Federal Home Loan Mortgage Corporation -- Atg
Gudino Jose -- Chicago Title Insurance Comp
Gudino Jose $150,000 --
Friedrichs Jon $11,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Govea Saul $80,895
Previous Owner Gudino Jose $146,900
Previous Owner Gudino Jose $147,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2012 04/26/12 Sold $83,000 0.0% $79 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
03/13/2012 03/13/12 Off Market $83,000 -- --
03/03/2012 03/03/12 For Sale $77,000 -- $73 / Sq Ft
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 $4,740 $77,141 $8,866 $68,275
2023 $4,318 $65,781 $7,922 $57,859
2022 $4,543 $65,793 $7,228 $58,565
2021 $4,461 $61,254 $6,729 $54,525
2020 $4,233 $56,896 $6,250 $50,646
2019 $4,228 $53,985 $5,791 $48,194
2018 $4,006 $49,999 $5,357 $44,642
2017 $3,603 $42,743 $4,936 $37,807
2016 $3,322 $37,569 $4,231 $33,338
2015 -- $33,476 $3,638 $29,838
2014 -- $32,040 $3,343 $28,697
2013 -- $34,054 $3,194 $30,860
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Shirley Guercio

    Coldwell Banker Honig-Bell

  • George Rodriguez

    Buyer's Agent in 2012

    George Rodriguez

    George Rodriguez Realty Group

    (630) 504-6230

    2 in this area

    35 Total Sales

    George Rodriguez
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08009167

Midwest Real Estate Data (MRED)

APN: 15-23-127-008

Illinois Kane County Aurora 60505 Light of the Community

502 Colfax Ave, Aurora, IL

Not Listed for Sale

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