NOT LISTED FOR SALE

701 Edison Ave Unit 703 Aurora, IL 60505

Pigeon Hill Neighborhood

Estimated Value: $296,776 - $372,000

3 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold November 22, 2016

Last sale price $197,000

Est. 67% increase in value since last sale

Current estimated payment $2,255/month

11 Days on Market

About This Home

As of November 2016

Investor or Owner Occupied! Very well maintained ranch duplex features 3 bedrooms, 1 bath, eat in kitchen, with oven and refrigerator in each unit. Full basement for each unit with inside and outside access. All mechanicals have been well maintained. Beautiful landscaping and great curb appeal! Great investment opportunity. Both units are currently rented.

Last Agent to Sell the Property

Kelly Schmidt

Coldwell Banker Realty License #471019957 Listed on: 08/31/2016

Coldwell Banker Realty

Last Buyer's Agent

Carl Cho

Fathom Realty IL LLC License #475139019

Fathom Realty IL LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,997

Year Built

  • Built in 1963

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x129

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,997

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: TV-Cable
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 222900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Stone

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Public

Schools

  • Middle/Junior School District: 131

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50X129
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 4996.64
  • Tax Year: 2015
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2019
Sold by
Atwood Jeffrey J and Atwood Stephanie E
Bought by
Sean Morrissey Llc
Current Estimated Value
$328,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,800
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 31, 2016
Closed on
Oct 13, 2016
Sold by
Schmidt Dennis J
Bought by
Atwood Jeffrey J and Atwood Stephanie E
Seller's Agent
Kelly Schmidt
Coldwell Banker Realty
Buyer's Agent
Carl Cho
Fathom Realty IL LLC
List Price
$222,900
Sold Price
$197,000
Premium/Discount to List
-$25,900
-11.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$145,500
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Sean Morrissey Llc $282,000 First American Title
Atwood Jeffrey J $197,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sean Morrissey Llc $300,800
Previous Owner Atwood Jeffrey J $145,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2016 11/22/16 Sold $197,000 -11.6% --
09/11/2016 09/11/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $222,900 -- --
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 $5,585 $81,478 $8,451 $73,027
2023 $5,440 $72,800 $7,551 $65,249
2022 $5,047 $66,424 $6,890 $59,534
2021 $5,811 $71,976 $6,415 $65,561
2020 $5,560 $66,855 $5,959 $60,896
2019 $6,255 $70,982 $5,521 $65,461
2018 $5,905 $64,847 $5,107 $59,740
2017 $5,171 $52,728 $4,706 $48,022
2016 $5,231 $49,714 $4,746 $44,968
2015 -- $43,442 $4,081 $39,361
2014 -- $40,302 $3,751 $36,551
2013 -- $40,248 $4,217 $36,031
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09330123

Midwest Real Estate Data (MRED)

APN: 15-14-107-009