NOT LISTED FOR SALE

1005 W Atlantic Ave Waukegan, IL 60085

Estimated Value: $164,000 - $258,000

3 Beds
2 Baths
1,906 Sq Ft
$120/Sq Ft Est. Value

Last Sold July 28, 2014

Last sale price $88,500 $46 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,713/month

51 Days on Market

About This Home

As of July 2014

This is a Fannie Mae Homepath property. This property is approved for Homepath Renovation Mortgage Financing. Two story Tudor style 2 unit. Brick exterior with a fenced yard and a full basement. There is a 2 car detached garage. There are two bedrooms on the main floor and one upstairs. Main floor unit has a fireplace.

Last Agent to Sell the Property

John Dulek

Century 21 Affiliated Maki Listed on: 04/07/2014

Last Buyer's Agent

Jorge Trujillo

Re/Max American Dream

Re/Max American Dream

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,347

Year Built

  • Built in 1927

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 44x205

Parking

  • 2.5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Tudor Architecture

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,347

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tudor
  • New Construction: No
  • Year Built: 1927
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 96900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Public

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 44X205
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4346.52
  • Tax Year: 2012

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jul 24, 2014
Sold by
Fannie Mae
Bought by
Buenrostro Carlos
Seller's Agent
John Dulek
Century 21 Affiliated Maki
Buyer's Agent
Jorge Trujillo
Re/Max American Dream
List Price
$96,900
Sold Price
$88,500
Premium/Discount to List
-$8,400
-8.67%
Total Days on Market
51
Current Estimated Value
$228,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,528
Avg. Annual Appreciation
9.06%
Original Mortgage
$62,400
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2013
Sold by
Stevanovic Radivoj
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 16, 2005
Sold by
Herrera Gerardo and Herrera Albina
Bought by
Stevanovic Radivoj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
6.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 1998
Sold by
Stanczak Leonard B and Stanczak Winifred L
Bought by
Herrera Gerardo and Herrera Albina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
6.9%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Buenrostro Carlos -- First American Title Ins Co
Federal National Mortgage Association -- None Available
Stevanovic Radivoj $189,000 Ticor
Herrera Gerardo $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buenrostro Carlos $117,000
Closed Buenrostro Carlos $35,000
Closed Buenrostro Carlos $62,400
Previous Owner Stevanovic Radivoj $184,000
Previous Owner Stevanovic Radivoj $34,500
Previous Owner Stevanovic Radivoj $151,200
Previous Owner Herrera Gerardo $116,100
Closed Stevanovic Radivoj $37,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2014 07/28/14 Sold $88,500 -8.7% $46 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $96,900 -- $51 / 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 $5,260 $61,851 $11,148 $50,703
2023 $5,260 $55,781 $10,054 $45,727
2022 $4,842 $55,525 $11,722 $43,803
2021 $5,220 $56,066 $10,456 $45,610
2020 $5,241 $52,232 $9,741 $42,491
2019 $5,222 $47,862 $8,926 $38,936
2018 $4,744 $43,073 $12,634 $30,439
2017 $4,567 $38,108 $11,178 $26,930
2016 $4,190 $33,114 $9,713 $23,401
2015 $3,993 $29,637 $8,693 $20,944
2014 $3,330 $25,220 $5,342 $19,878
2012 $4,347 $27,323 $5,787 $21,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08578676

Midwest Real Estate Data (MRED)

APN: 08-16-112-012