NOT LISTED FOR SALE

551 Michigan Ave Unit 2 Aurora, IL 60506

North River Neighborhood

Estimated Value: $257,000 - $282,375

3 Beds
1 Bath
1,148 Sq Ft
$240/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $198,000 $172 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,885/month

3 Days on Market

Highlights

  • Ranch Style House
  • Stainless Steel Appliances
  • Attached Garage
  • Mud Room
  • Fenced Yard
  • 4-minute walk to Jaycee Park

About This Home

As of January 2021

Not easy to find a 3-bedroom ranch home with excellent curb appeal that is under 200K! For less than what you would pay in rent you could have this updated home with an attached 1.5 Car garage and HUGE fenced lot. BIG BONUS: Brand new windows throughout with transferrable lifetime warranty-Huge value to the new homeowner. Sitting in your living room you will love the view out you extra large picture window. Eat in Kitchen with lots of countertop space, cabinets and Stainless-Steel Appliances. Washer and Dryer included. Mud room between kitchen and garage. Roof only 7 years old. Water heater and garage door 2018. Garage is heated. Immaculate well cared for and updated home.

Last Agent to Sell the Property

Cindy Pierce

Baird & Warner License #475139229 Listed on: 11/24/2020

Baird & Warner

Last Buyer's Agent

Maria Rivera

Results Realty ERA Powered License #475155477

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,263

Year Built

  • 1963

Lot Details

  • 8,494

Parking

  • Attached Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clad Trim

Interior Spaces

  • Bathroom on Main Level
  • Mud Room
  • Entrance Foyer
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,263

Year Built

1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1963
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Attic: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 15X10, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island
  • Additional Rooms: Foyer, Mud Room
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 1 Name: Foyer, Dimensions: 5X18, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 2 Name: Mud, Dimensions: 8X6, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 13X10, On Level: Main Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 1148

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame, Clad Trim
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio

Garage/Parking

  • Parking: Garage, Space/s
  • Parking Details: Off Street, Side Apron, Driveway
  • Number Parking Spaces: 3
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1.5
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 129
  • Elementary School: Hill Elementary School
  • Middle School: Jefferson Middle School
  • High School: West Aurora High School
  • Junior High Dist: 129

Lot Info

  • Lot Dimensions: 72 X 117.72
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 1516251008

Tax Info

  • Taxes: 4198

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Jan 10, 2021
Sold by
Batty Robin
Bought by
Sanchez Diana Anguiano
Seller's Agent
Cindy Pierce
Baird & Warner
Buyer's Agent
Maria Rivera
Results Realty ERA Powered
List Price
$189,900
Sold Price
$198,000
Premium/Discount to List
$8,100
4.27%
Current Estimated Value
$264,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,095
Avg. Annual Appreciation
7.48%
Original Mortgage
$188,100
Outstanding Balance
$168,331
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$106,763

Purchase Details

Listed on
Sep 18, 2013
Closed on
Oct 23, 2013
Sold by
Leboutillier Renae
Bought by
Batty Robin
Seller's Agent
Alison France
@properties Christie's International Real Estate
Buyer's Agent
Barb Skowron
Baird & Warner
List Price
$119,000
Sold Price
$110,000
Premium/Discount to List
-$9,000
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$104,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2013
Closed on
Jun 26, 2013
Sold by
Secretary Of Hud Of Washington Dc
Bought by
Leboutillier Renae
Seller's Agent
Ana Wubker
Royana Realty, Ltd.
Buyer's Agent
Alison France
@properties Christie's International Real Estate
List Price
$56,000
Sold Price
$68,500
Premium/Discount to List
$12,500
22.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
287.01%

Purchase Details

Closed on
Dec 17, 2012
Sold by
Mabrey Tyler
Bought by
Secretary Of Hud Of Washington Dc

Purchase Details

Closed on
Oct 31, 1997
Sold by
Chen Somsy and Chen Bountanom
Bought by
Mabrey Tyler and Mabrey Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,489
Interest Rate
7.43%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Sanchez Diana Anguiano $198,000 Baird & Warner Ttl Svcs Inc
Batty Robin $110,000 First American Title
Leboutillier Renae $68,500 None Available
Secretary Of Hud Of Washington Dc -- Premier Title
Mabrey Tyler $60,000 Burnet Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Diana Anguiano $188,100
Previous Owner Batty Robin $104,500
Previous Owner Mabrey Tyler $89,489
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2021 01/19/21 Sold $198,000 +4.3% $172 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $189,900 +72.6% $165 / Sq Ft
10/30/2013 10/30/13 Sold $110,000 -7.6% $96 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $119,000 +73.7% $104 / Sq Ft
06/25/2013 06/25/13 Sold $68,500 +22.3% $60 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $56,000 -- $49 / 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 $5,263 $74,472 $13,260 $61,212
2023 $5,014 $66,541 $11,848 $54,693
2022 $4,843 $60,712 $10,810 $49,902
2021 $4,616 $56,523 $10,064 $46,459
2020 $4,353 $52,501 $9,348 $43,153
2019 $4,199 $48,938 $8,661 $40,277
2018 $4,040 $46,472 $8,011 $38,461
2017 $3,742 $42,363 $7,381 $34,982
2016 $3,290 $36,971 $6,327 $30,644
2015 -- $31,147 $5,441 $25,706
2014 -- $29,006 $5,233 $23,773
2013 -- $30,317 $5,158 $25,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10931422

Midwest Real Estate Data (MRED)

APN: 15-16-251-008