511 N Edgelawn Dr Unit 513 Aurora, IL 60506
Edgelawn Randall NeighborhoodEstimated Value: $297,204 - $323,000
4
Beds
2
Baths
--
Sq Ft
8,712
Sq Ft Lot
About This Home
As of July 2020Great investment opportunity. Walking distance to shopping. Selling both 511 and 513. New windows on the whole property with transferable warranty. Newer appliances in both sides. Separate washer/dryer for each side in the already separated basement storage areas. Most utilities already separated. Partial rehab on both sides: flooring, paint, cabinets, counters. Tenant occupied. Anyone coming for a showing MUST wear gloves and a mask. Please limit the number of people entering the property
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,777
Year Built | Renovated
- 1961 | 2018
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 75 x125
Home Design
- Duplex
- Ranch Style House
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Parking
- 5 Parking Spaces
- Uncovered Parking
- Parking Space is Owned
- Unassigned Parking
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Gross Income $23,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2020
Closed on
Jun 30, 2020
Sold by
Shortness Lori
Bought by
Elkhatih Mohammed A
Seller's Agent
Lindsey Shortness
Keller Williams Innovate
Buyer's Agent
Christopher Holloway
Brummel Properties, Inc.
List Price
$220,000
Sold Price
$218,000
Premium/Discount to List
-$2,000
-0.91%
Total Days on Market
11
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
$94,301
Avg. Annual Appreciation
7.63%
Original Mortgage
$214,051
Outstanding Balance
$192,870
Interest Rate
2.75%
Mortgage Type
FHA
Estimated Equity
$119,431
Purchase Details
Listed on
Aug 30, 2018
Closed on
Oct 16, 2018
Sold by
Wackerlin Jill
Bought by
Shortness Lori
Seller's Agent
Dennis Malmgren
RE/MAX Town & Country
Buyer's Agent
Joseph Malik
RE/MAX Professionals Select
List Price
$199,511
Sold Price
$185,500
Premium/Discount to List
-$14,011
-7.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%
Original Mortgage
$85,500
Interest Rate
5.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2009
Sold by
Talbot Philip
Bought by
Wackerlin Jill
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 6, 2008
Sold by
Vega Serafin
Bought by
Talbot Philip
Purchase Details
Closed on
Nov 17, 2006
Sold by
Banbury John C and Malmgren Dennis M
Bought by
Vega Serafin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
8.55%
Mortgage Type
Purchase Money Mortgage
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Elkhatih Mohammed A | $218,000 | None Available | |
| Shortness Lori | $185,500 | First American Title | |
| Wackerlin Jill | $234,000 | Attorneys Title Guaranty Fun | |
| Talbot Philip | $170,000 | None Available | |
| Vega Serafin | $260,000 | Attorneys Title Guaranty Fun |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Elkhatih Mohammed A | $214,051 | |
| Previous Owner | Shortness Lori | $92,000 | |
| Previous Owner | Shortness Lori | $85,500 | |
| Previous Owner | Wackerlin Jill | $187,200 | |
| Previous Owner | Vega Serafin | $208,000 | |
| Previous Owner | Vega Serafin | $52,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2020 07/07/20 | Sold | $218,000 | -0.9% | -- |
| 06/01/2020 06/01/20 | Pending | -- | -- | -- |
| 05/21/2020 05/21/20 | For Sale | $220,000 | +18.6% | -- |
| 11/15/2018 11/15/18 | Sold | $185,500 | -7.0% | -- |
| 09/22/2018 09/22/18 | Pending | -- | -- | -- |
| 08/30/2018 08/30/18 | For Sale | $199,511 | -- | -- |
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 | $6,040 | $78,514 | $11,157 | $67,357 |
| 2022 | $5,519 | $68,344 | $10,180 | $58,164 |
| 2021 | $5,265 | $63,629 | $9,478 | $54,151 |
| 2020 | $4,971 | $59,102 | $8,804 | $50,298 |
| 2019 | $6,033 | $67,699 | $8,157 | $59,542 |
| 2018 | $5,984 | $59,944 | $7,545 | $52,399 |
| 2017 | $5,777 | $56,130 | $6,952 | $49,178 |
| 2016 | $5,262 | $49,534 | $5,959 | $43,575 |
| 2015 | -- | $42,074 | $5,124 | $36,950 |
| 2014 | -- | $39,021 | $4,709 | $34,312 |
| 2013 | -- | $39,673 | $4,642 | $35,031 |
Source: Public Records
Agents Affiliated with this Home
-
Lindsey Shortness
L
Seller's Agent in 2020
Lindsey Shortness
Keller Williams Innovate
(630) 421-1192
1 in this area
9 Total Sales
-
Christopher Holloway
Buyer's Agent in 2020
Christopher Holloway
Brummel Properties, Inc.
(815) 302-1767
1 in this area
11 Total Sales
-
Seller's Agent in 2018
Dennis Malmgren
RE/MAX Town & Country
-
Joseph Malik
Buyer's Agent in 2018
Joseph Malik
RE/MAX
(630) 589-4109
1 in this area
61 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10721450
APN: 15-17-352-004
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