1516 Elder Dr
Aurora, IL 60506
- 2 Beds
- 2 Baths
- 1,281 sqft
2 Beds
2 Baths
1,281 sqft
Home Value
Trulia Estimate
$224KSince last month
Increased$6K (+2.7%)Since last year
Increased$10K (+4.7%)Since last sale
Increased$147K (+183.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +77% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $227K |
| July 2026 | $221K |
| June 2026 | $225K |
| May 2026 | $224K |
| April 2026 | $220K |
| March 2026 | $215K |
| February 2026 | $210K |
| January 2026 | $205K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.25 | Condo | $263,500 | 03/31/26 | 3 | 2 | 1,209 | |
0.54 | Condo | $215,000 | 08/22/25 | 2 | 1.5 | 1,200 | |
0.89 | Condo | $228,000 | 09/23/25 | 2 | 1.5 | 1,250 | |
0.79 | Condo | $280,000 | 08/17/26 | 3 | 2.5 | 1,258 | |
0.79 | Condo | $310,000 | 04/27/26 | 3 | 2.5 | 1,605 | |
1.20 | Condo | $70,000 | 12/11/25 | 3 | 2 | 944 | |
1.20 | Condo | $62,500 | 10/15/25 | 2 | 1 | 876 | |
1.11 | Condo | $190,000 | 09/29/25 | 2 | 1 | 968 | |
1.11 | Condo | $196,900 | 07/27/26 | 2 | 1 | 968 | |
1.10 | Condo | $200,000 | 04/02/26 | 2 | 1 | 968 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $246,000 | 2 | 2 | 1,281 | Off Market | |
0.03 | $285,000 | 3 | 2.5 | 1,911 | Recently Sold | |
0.02 | $275,900 | 3 | 2 | 1,449 | Off Market | |
0.07 | $274,400 | 3 | 2 | 1,575 | Off Market | |
0.03 | $270,000 | 3 | 2 | 1,575 | Recently Sold | |
0.02 | $266,500 | 3 | 2.5 | 1,911 | Recently Sold | |
0.07 | $266,200 | 3 | 2 | 1,911 | Off Market | |
0.07 | $257,300 | 3 | 1.5 | - | Off Market | |
0.02 | $223,300 | 2 | 1.5 | 1,281 | Off Market | |
0.07 | $269,000 | 3 | 2 | 1,449 | Off Market | |
0.01 | $262,200 | 3 | 1.5 | 1,575 | Off Market | |
0.09 | $242,300 | 3 | 1.5 | 1,575 | Off Market |
Local Information
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Home Highlights
Property Type
Condo
Year Built
1972
Living Area
1,281 sqft
Price/Sqft
$175
About this House
This is a Real Estate-Owned (REO)/post-foreclosure home owned by a bank. Offers significantly less than market value are often accepted.
1516 Elder Dr, Aurora, IL 60506 is a 2 bedroom, 2 bathroom, 1,281 sqft condo built in 1972. It last sold for $80,000 on Jul 8, 2010. It is currently off market. The Trulia Estimate is $224,300, with a rent estimate of $1,927/month.
Home Details for 1516 Elder Dr
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Levels, Entrance, & Accessibility Stories: 2 |
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Year Built Year Built: 1972 |
Property Type / Style Property Type: Condo |
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Units in Building: 1 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 8, 2010 Source: N/A | Sold | $80,000 |
Apr 17, 2010 Source: Agent Provided | PriceChange | $89,900 Price decreased by 8% |
Feb 27, 2010 Source: Agent Provided | PriceChange | $97,850 Price decreased by 5% |
Jan 7, 2010 Source: Agent Provided | PriceChange | $103,000 Price increased by 0% |
Dec 26, 2009 Source: Agent Provided | Listed For Sale | $0 |
Sep 9, 2004 Source: N/A | Sold | $119,000 |
Aug 8, 1996 Source: N/A | Sold | $59,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,688 | $213,333 |
Home facts updated by county records
Market trends in Aurora
Last updated July 2026
Avg. sale price
$328K
$17.83KMoM
Sale-to-List Price
100.3%
Price per sq ft
$212
$1MoM
Available listings
390
32MoM
Around this home
What Locals Say about Aurora
At least 1374 Trulia users voted on each feature.
87 % Say there are sidewalks
85 % Say it's dog friendly
85 % Say car is needed
78 % Say parking is easy
75 % Say yards are well-kept
75 % Say kids play outside
74 % Say there's holiday spirit
65 % Say streets are well-lit
63 % Say it's quiet
58 % Say people would walk alone at night
51 % Say there's wildlife
49 % Say they plan to stay for at least 5 years
47 % Say neighbors are friendly
46 % Say it's walkable to restaurants
45 % Say it's walkable to grocery stores
30 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1516 Elder Dr
- What is 1516 Elder Dr estimated to be worth?Trulia's estimated value for 1516 Elder Dr in Aurora, IL is $224,300.
- What is the price history for 1516 Elder Dr?1516 Elder Dr in Aurora, IL last sold for $80,000 in July 2010.
- Is Aurora a buyer's or seller's market?Aurora is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Aurora?The median sale price in Aurora is $328K. That is up $17.83K from the prior month.