NOT LISTED FOR SALE

505 Declaration Ln Unit 1406 Aurora, IL 60502

Eola Yards Neighborhood

Estimated Value: $318,102 - $364,000

3 Beds
3 Baths
1,588 Sq Ft
$213/Sq Ft Est. Value

About This Home

Newly rehabbed, fresh paint, new floors and spacious 3 story, 3 bedroom, 2.5 bath townhome located near shopping and highways for convenience and easy transportation access. Lease Terms: Minimum of one-year lease. Tenant pays electricity, water, heat and trash. We require Gross Family income to be 3X rent. Credit Score of 650+ but may consider lower credit with additional deposits. We do conduct employment verification, background checks; credit checks and eviction check as permissible by law. Pets are allowed with additional deposit and fees. Security Deposit: $3000 ** Owner is a Licensed Real Estate Professional **

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2018
Sold by
Chawla Rishab
Bought by
Vertex Rentals Llc
Current Estimated Value
$338,026

Purchase Details

Closed on
Jun 10, 2016
Sold by
The Rcpmc Llc Declaration
Bought by
Chawla Rishab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2014
Sold by
Chawla Rishad and Chawla Rashi
Bought by
The Rcpmc Llc

Purchase Details

Closed on
Dec 6, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Chawla Rishab and Chawla Rashi

Purchase Details

Closed on
Jul 13, 2010
Sold by
Heglund Carl and Yanette Cathleen
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 13, 2007
Sold by
Offdenkamp Michael K and Offdenkamp Nancy K
Bought by
Heglund Carl Michael and Heglund Cathleen Yanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,813
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 11, 2002
Sold by
Wiseman Hughes Enterprises Inc
Bought by
Offdenkamp Michael K and Offdenkamp Rachel Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,370
Interest Rate
6%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Vertex Rentals Llc -- None Available
Chawla Rishab -- Advantage Title Llc
The Rcpmc Llc -- None Available
Chawla Rishab $121,000 First American Title
Federal Home Loan Mortgage Corp -- None Available
Heglund Carl Michael $215,500 First American Title
Offdenkamp Michael K $194,500 Freedom Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vertex Rentals Llc $130,000
Previous Owner Chawla Rishab $109,000
Previous Owner Chawla Rishab $125,250
Previous Owner Heglund Carl M $53,813
Previous Owner Heglund Carl Michael $161,437
Previous Owner Offdenkamp Michael K $184,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2024 05/04/24 Rented $2,450 0.0% --
04/06/2024 04/06/24 Under Contract -- -- --
04/02/2024 04/02/24 For Rent $2,450 0.0% --
03/31/2024 03/31/24 Off Market $2,450 -- --
03/01/2024 03/01/24 Price Changed $2,450 -2.0% $2 / Sq Ft
01/05/2024 01/05/24 For Rent $2,500 -- --

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
2023 $7,041 $86,640 $18,160 $68,480
2022 $6,416 $76,510 $16,040 $60,470
2021 $6,259 $73,780 $15,470 $58,310
2020 $6,335 $73,780 $15,470 $58,310
2019 $6,130 $70,170 $14,710 $55,460
2018 $5,835 $66,060 $13,850 $52,210
2017 $5,750 $63,820 $13,380 $50,440
2016 $5,109 $61,250 $12,840 $48,410
2015 $5,044 $58,150 $12,190 $45,960
2014 $4,959 $55,770 $11,690 $44,080
2013 $4,910 $56,160 $11,770 $44,390
Source: Public Records

Agents Affiliated with this Home

  • Rishab Chawla

    Seller's Agent in 2024

    Rishab Chawla

    HomeSmart Realty Group

    (331) 263-6800

    4 Total Sales

    Rishab Chawla
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    NON MEMBER

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Map

Illinois DuPage County Aurora 60502 Eola Yards

505 Declaration Ln Unit 1406, Aurora, IL

This home is located at 505 Declaration Ln Unit 1406, Aurora, IL 60502 and is currently estimated at $338,026, approximately $212 per square foot. 505 Declaration Ln Unit 1406 is a home located in DuPage County with nearby schools including Nancy Young Elementary School, Francis Granger Middle School, and Waubonsie Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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