NOT LISTED FOR SALE

1001 Grand Ave Waukegan, IL 60085

Estimated Value: $294,000 - $540,000

7 Beds
6 Baths
4,024 Sq Ft
$104/Sq Ft Est. Value

About This Home

This home is located at 1001 Grand Ave, Waukegan, IL 60085 and is currently estimated at $417,000, approximately $103 per square foot. 1001 Grand Ave is a home located in Lake County with nearby schools including Hyde Park Elementary School, Miguel Juarez Middle School, and Waukegan High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
1001 Grand Avenue Llc
Bought by
Desu Suresh Babu and Desu Geetha Sowmya
Current Estimated Value
$516,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Outstanding Balance
$357,793
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Estimated Equity
$151,207

Purchase Details

Closed on
Jan 28, 2016
Sold by
Griffith Daniel L and Griffith John W
Bought by
1001 Grand Avenue Llc

Purchase Details

Closed on
Dec 19, 2014
Sold by
North Shore Property Developers Llc
Bought by
Reyes Paul K and Reyes Lina Reyes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,900
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2004
Sold by
Bank Of Waukegan
Bought by
Griffith Daniel and Griffin John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,750
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2000
Sold by
Onan James A
Bought by
Bank Of Waukegan and Trust #3656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
9.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2000
Sold by
Maldonado Alejandro B and Maldonado Maria I
Bought by
Onan James A

Purchase Details

Closed on
Oct 9, 1996
Sold by
Bank Of Waukegan
Bought by
Maldonado Alejandro B and Maldonado Maria I
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Desu Suresh Babu $515,000 Chicago Title
1001 Grand Avenue Llc -- Attorney
Reyes Paul K $390,558 First American Title
Griffith Daniel $425,000 First American Title
Bank Of Waukegan -- --
Onan James A $123,000 --
Maldonado Alejandro B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desu Suresh Babu $360,500
Previous Owner 1001 Grand Avenue Llc $228,013
Previous Owner Reyes Paul K $292,900
Previous Owner Griffith Daniel $262,500
Previous Owner 1001 Grand Avenue Llc $300,000
Previous Owner Griffith Daniel $53,750
Previous Owner Griffith Daniel $318,750
Previous Owner Bank Of Waukegan $400,000
Previous Owner Maldonado Alejandro B $98,517
Source: Public Records

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 $11,331 $137,785 $16,874 $120,911
2023 $12,696 $120,167 $13,848 $106,319
2022 $12,696 $129,873 $13,314 $116,559
2021 $11,857 $112,277 $11,427 $100,850
2020 $11,933 $104,600 $10,646 $93,954
2019 $11,933 $95,849 $9,755 $86,094
2018 $9,271 $71,705 $11,044 $60,661
2017 $9,024 $63,439 $9,771 $53,668
2016 $8,519 $55,126 $8,491 $46,635
2015 $8,334 $49,339 $7,600 $41,739
2014 $6,908 $40,801 $4,216 $36,585
2012 $7,347 $44,204 $4,568 $39,636
Source: Public Records

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