524 Declaration Ln Unit 1101 Aurora, IL 60502
Eola Yards NeighborhoodEstimated Value: $285,000 - $387,000
2
Beds
2
Baths
1,400
Sq Ft
$207/mo
HOA Fee
Highlights
- 1 Fireplace
- Formal Dining Room
- 2 Car Attached Garage
- Nancy Young Elementary School Rated A
- Balcony
- Living Room
About This Home
As of July 2022***1 HOUR RESPONSE ON ALL OFFERS*** Updated 2 bedroom with lower-level family room and full bathroom. Lower level can be used for 3rd bedroom. Updated Kitchen and Baths. All new six panel interior entry and closet doors, new carpet, freshly painted, all new appliances including new washer and dryer, new interior light Fixtures and much more. Sellers are a HUD, Fannie Mae and Freddie Mac Approved Housing Developer with close to 500 homes sold to satisfied low to moderate income buyers. HOME IS ON POLICE MONITORING SECURITY ALARM. NO AUDIO OR CAMERAS. PLEASE CALL TO MAKE APPOINTMENT. DO NOT ENTER WITHOUT APPOINTMENT.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,429
Year Built
- Built in 2002 | Remodeled in 2022
Lot Details
- 24
HOA Fees
- $207 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Driveway
- Parking Included in Price
Home Design
- Frame Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,400 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Family Room
- Living Room
- Formal Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
Community Details
Overview
- Association fees include insurance, exterior maintenance, lawn care
- 4 Units
- Desk Association, Phone Number (847) 459-1222
- Legacy Fields Subdivision, Chase Floorplan
- Property managed by Foster Premier
Pet Policy
- Pets up to 25 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2022
Closed on
Jul 22, 2022
Sold by
Greater Chicagoland Fellowship
Bought by
Ritter David V
Seller's Agent
David Pokorny
CNB Property Consultants, Inc
Buyer's Agent
Eric Sutherland
Baird & Warner
List Price
$239,000
Sold Price
$236,000
Premium/Discount to List
-$3,000
-1.26%
Total Days on Market
23
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
$79,692
Avg. Annual Appreciation
6.71%
Original Mortgage
$161,000
Outstanding Balance
$156,126
Interest Rate
5.92%
Mortgage Type
New Conventional
Estimated Equity
$127,641
Purchase Details
Closed on
Feb 7, 2022
Sold by
Federal National Mortgage Association
Bought by
Greater Chicagoland Fellowship
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,350,000
Interest Rate
3.55%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 13, 2021
Sold by
Mcghee Deborah K and Pnc Bank National Association
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Nov 27, 2002
Sold by
Wiseman Hughes Enterprises Inc
Bought by
Mcghee Deborah K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,326
Interest Rate
4.5%
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 Aurora, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ritter David V | -- | New Title Company Name | |
| Greater Chicagoland Fellowship | -- | Affinity Title Services | |
| Federal National Mortgage Association | -- | None Available | |
| Mcghee Deborah K | $165,500 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ritter David V | $161,000 | |
| Previous Owner | Greater Chicagoland Fellowship | $3,350,000 | |
| Previous Owner | Mcghee Deborah K | $140,326 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2022 07/28/22 | Sold | $236,000 | +0.5% | $169 / Sq Ft |
| 06/24/2022 06/24/22 | Pending | -- | -- | -- |
| 06/16/2022 06/16/22 | Price Changed | $234,900 | -1.7% | $168 / Sq Ft |
| 05/31/2022 05/31/22 | For Sale | $239,000 | -- | $171 / Sq Ft |
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 | $4,905 | $68,350 | $18,160 | $50,190 |
| 2022 | $4,559 | $60,360 | $16,040 | $44,320 |
| 2021 | $4,429 | $58,210 | $15,470 | $42,740 |
| 2020 | $4,483 | $58,210 | $15,470 | $42,740 |
| 2019 | $4,312 | $55,360 | $14,710 | $40,650 |
| 2018 | $4,074 | $52,120 | $13,850 | $38,270 |
| 2017 | $3,996 | $50,350 | $13,380 | $36,970 |
| 2016 | $3,913 | $48,320 | $12,840 | $35,480 |
| 2015 | $3,858 | $45,880 | $12,190 | $33,690 |
| 2014 | $3,786 | $44,000 | $11,690 | $32,310 |
| 2013 | $3,749 | $44,300 | $11,770 | $32,530 |
Source: Public Records
Agents Affiliated with this Home
-
David Pokorny
D
Seller's Agent in 2022
David Pokorny
CNB Property Consultants, Inc
(630) 231-4440
1 in this area
38 Total Sales
-
Eric Sutherland
Buyer's Agent in 2022
Eric Sutherland
Baird Warner
(630) 308-2310
1 in this area
57 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11420078
APN: 07-19-108-059
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