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316 Melrose Ave; Aurora, IL Property Details

316 Melrose Ave, Aurora, IL is a Single Family that was built in 1958. This property is currently Financed and is not for sale. Our records show that 316 Melrose Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,194 square feet. The lot size of 316 Melrose Ave is 7,920 square feet.

Off market
316 Melrose Ave Aurora, IL 60505
$70,131 Estimated Value
3 Beds
2 Baths
1,194 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1958
  • Purchase Price: $165,000
  • Open Loans / Balance: 1 / $82,294
  • Est. Equity / %: $195,706 / 70.4%
  • Gross Yield: 7.882%
  • APN: 15-34-151-057
  • Situs County: Kane
  • Length Of Ownership: 22 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Water Source: Municipal

Measurements

  • Total: 1,194/SqFt
  • Lot: 7,920/SqFt
  • Gross: 2,696/SqFt
  • Garage: 308/SqFt
  • Living: 1,194/SqFt
  • Basement: 1,194/SqFt
  • Building: 2,696/SqFt
  • Ground: 1,194/SqFt
  • Price Per Square Foot: $138.19

Legal Description

  • Description: H H EVANS 5TH ADDN LOT 30 BLK 8 LOT DIMENSIONS: 60 X 132 APPROX LOT SQ FT 7920 SUBDIVISION: ASHLND-MONT-HOWELL-DOUGLAS RANGE CODE: 001
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Aurora East Unit School District 131
  • Lat / Lon: 41.732903 / -88.31924
  • Subdivision: Ashlnd-Mont-Howell-Douglas
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5539
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

316 Melrose Ave has no associated ownership info
316 Melrose Ave has no associated ownership info.

Taxes

316 Melrose Ave has 10 associated Taxes items

316 Melrose Ave, Aurora, IL pays taxes in Kane County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $70,131. The APN we've located for 316 Melrose Ave is 15-34-151-057.

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Taxes
  • Assessed Value:  $70,131
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-34-151-057
  • Assessed Land Value:  11086
  • Market Land Value:  33271
  • Tax Amount:  4057.86
  • Tax Year:  2025
  • Market Value:  210477
  • Market Year:  2025

Tax History

316 Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $70,131 Land Value $11,086 Improvement Value $59,045 Tax Amount $4,057.86 Change Rate Assessed CR Tax Rate +0.057861%
Year 2024 Assessed Value $64,111 Land Value $10,134 Improvement Value $53,977 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $57,283 Land Value $9,055 Improvement Value $48,228 Tax Amount $3,682.86 Change Rate +0.106077% Assessed CR Tax Rate +0.064292%
Year 2022 Assessed Value $49,824 Land Value $8,262 Improvement Value $41,562 Tax Amount $3,329.66 Change Rate +0.02123% Assessed CR Tax Rate +0.066828%
Year 2021 Assessed Value $46,387 Land Value $7,692 Improvement Value $38,695 Tax Amount $3,260.44 Change Rate +0.057109% Assessed CR Tax Rate +0.070288%
Year 2020 Assessed Value $43,087 Land Value $7,145 Improvement Value $35,942 Tax Amount $3,084.3 Change Rate +0.031877% Assessed CR Tax Rate +0.071583%
Year 2019 Assessed Value $39,921 Land Value $6,620 Improvement Value $33,301 Tax Amount $2,989.02 Change Rate +0.111767% Assessed CR Tax Rate +0.074873%
Year 2018 Assessed Value $36,688 Land Value $6,123 Improvement Value $30,565 Tax Amount $2,688.53 Change Rate -0.98959% Assessed CR Tax Rate +0.073281%
Year 2017 Assessed Value $32,336 Land Value $5,642 Improvement Value $26,694 Tax Amount $258,269.16 Change Rate +72.25309% Assessed CR Tax Rate +7.987047%
Year 2016 Assessed Value $33,508 Land Value $5,689 Improvement Value $27,819 Tax Amount $3,525.71 Change Rate Assessed CR Tax Rate +0.10522%
Year 2015 Assessed Value $29,790 Land Value $4,892 Improvement Value $24,898 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $28,442 Land Value $4,496 Improvement Value $23,946 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $28,378 Land Value $4,773 Improvement Value $23,605 Tax Amount Change Rate Assessed CR Tax Rate