Seller's Agent in 2023
Terrence Muse
RE/MAX
(847) 571-4392
245 Total Sales
101 N Mcaree Rd Waukegan, IL 60085
Estimated Value: $252,000 - $327,000
4
Beds
2
Baths
2,108
Sq Ft
$135/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Two Heating Systems
- Multiple Water Heaters
- 2 Car Detached Garage
- Baseboard Heating
- Paved or Partially Paved Lot
About This Home
As of August 2023This 2-unit brick Cape-Cod style investment property comes with a brick garage and separate basements, each with laundry facilities. The tenants are content and on a month-to-month lease. Although the property is offered as-is, buyers are required to review *Disclosures* and *Financial & Supplemental* documents.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,747
Year Built
- Built in 1964
Lot Details
- Lot Dimensions are 80x101
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Driveway
- Parking Space is Owned
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Basement Storage
Utilities
- Two Heating Systems
- Individual Controls for Heating
- Baseboard Heating
- Multiple Water Heaters
- Electric Water Heater
Community Details
- 2 Units
- Douglas Nursery Subdivision, Cape Cod Floorplan
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2023
Closed on
Aug 15, 2023
Sold by
Melgoza Francisco and Melgoza Patricia
Bought by
Garcia William
Seller's Agent
Terrence Muse
RE/MAX Premier
Buyer's Agent
Terrence Muse
RE/MAX Premier
List Price
$314,900
Sold Price
$300,000
Premium/Discount to List
-$14,900
-4.73%
Total Days on Market
17
Views
347
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,762
Avg. Annual Appreciation
-5.15%
Original Mortgage
$279,837
Outstanding Balance
$275,941
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
-$2,294
Purchase Details
Listed on
Sep 1, 2022
Closed on
Sep 22, 2022
Sold by
Graff Christine H
Bought by
Melgoza Francisco and Melgoza Patricia
Seller's Agent
Mel Metts
Graff Realty
Buyer's Agent
Terrence Muse
RE/MAX Premier
List Price
$199,900
Sold Price
$199,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.62%
Purchase Details
Closed on
May 16, 2005
Sold by
Beger Jerrold R and Degreef Dolores F
Bought by
Graff Christine H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.91%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garcia William | $285,000 | Chicago Title | |
| Melgoza Francisco | $200,000 | Nippersink Title | |
| Graff Christine H | $189,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Garcia William | $279,837 | |
| Previous Owner | Graff Christine H | $142,852 | |
| Previous Owner | Graff Christine H | $152,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2023 08/10/23 | Sold | $300,000 | -4.7% | $142 / Sq Ft |
| 07/16/2023 07/16/23 | Pending | -- | -- | -- |
| 06/28/2023 06/28/23 | For Sale | $314,900 | +57.5% | $149 / Sq Ft |
| 09/23/2022 09/23/22 | Sold | $199,900 | 0.0% | $95 / Sq Ft |
| 09/04/2022 09/04/22 | Pending | -- | -- | -- |
| 09/01/2022 09/01/22 | For Sale | $199,900 | -- | $95 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $7,007 | $65,890 | $12,363 | $53,527 |
| 2022 | $7,007 | $71,677 | $12,109 | $59,568 |
| 2021 | $6,747 | $64,720 | $11,393 | $53,327 |
| 2020 | $6,835 | $60,294 | $10,614 | $49,680 |
| 2019 | $6,878 | $55,250 | $9,726 | $45,524 |
| 2018 | $6,818 | $52,736 | $11,799 | $40,937 |
| 2017 | $6,637 | $46,657 | $10,439 | $36,218 |
| 2016 | $6,265 | $40,543 | $9,071 | $31,472 |
| 2015 | $6,130 | $36,287 | $8,119 | $28,168 |
| 2014 | $5,286 | $31,246 | $8,689 | $22,557 |
| 2012 | $6,552 | $33,853 | $9,415 | $24,438 |
Source: Public Records
Agents Affiliated with this Home
-
Terrence Muse
-
M
Seller's Agent in 2022
Mel Metts
Graff Realty
(847) 949-6045
Map
Similar Homes in Waukegan, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 11819303
APN: 08-20-301-007
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