NOT LISTED FOR SALE

506 Michigan Ave Aurora, IL 60506

North River Neighborhood

Estimated Value: $237,000 - $272,000

3 Beds
1 Bath
1,134 Sq Ft
$224/Sq Ft Est. Value

About This Home

This home is located at 506 Michigan Ave, Aurora, IL 60506 and is currently estimated at $254,151, approximately $224 per square foot. 506 Michigan Ave is a home located in Kane County with nearby schools including Hill Elementary School, Herget Middle School, and West Aurora High School.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2017
Sold by
Bought by
Current Estimated Value
$254,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,464
Outstanding Balance
$117,109
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$137,042

Purchase Details

Closed on
Jun 21, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,760
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$140,000 Chicago Title Insurance Co
$101,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $137,464
Previous Owner $76,760
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,026 $71,480 $13,260 $58,220
2023 $4,785 $63,867 $11,848 $52,019
2022 $4,627 $58,273 $10,810 $47,463
2021 $4,409 $54,253 $10,064 $44,189
2020 $4,156 $50,393 $9,348 $41,045
2019 $4,006 $46,971 $8,661 $38,310
2018 $3,853 $44,593 $8,011 $36,582
2017 $3,577 $40,759 $7,381 $33,378
2016 $3,706 $40,883 $6,327 $34,556
2015 -- $34,429 $5,441 $28,988
2014 -- $31,956 $5,233 $26,723
2013 -- $33,608 $5,158 $28,450
Source: Public Records

Map

Illinois Kane County Aurora 60506 North River

506 Michigan Ave, Aurora, IL

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