Seller's Agent in 2020
Kris Seegren
RE/MAX Plaza
(847) 772-6139
120 Total Sales
1112 Palmer Place Waukegan, IL 60085
Estimated Value: $184,000 - $223,000
3
Beds
1
Bath
1,240
Sq Ft
$164/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Den
- Breakfast Bar
- Wood Flooring
- Walk-In Pantry
- Bathroom on Main Level
About This Home
As of April 2020Easy one-level living in this solid ranch home on pretty Palmer Place in north Waukegan. Nice hardwood floors in the large living room with plenty of room for a formal dining table. Bright and sunny eat-in kitchen has new (2 months) luxury vinyl flooring, solid wood cabinets, appliances included. Convenient laundry nearby with newer washer and dryer and access to 4 foot crawl. Wander back thru the freshly painted living room to the bedrooms and a bonus den or office (could be 4th bedroom complete with closet, but would be a tandem or walk-thru). Nice bath with new floor, glass block window. The 2nd bedroom & den has solid hardwood flooring, the back 2 bedrooms could use some new carpeting, but all have good closet space. Sellers have done some recent painting and new flooring to neutralize the home for the next owner - they are selling "as is" but will consider repairs which may be required for buyers' loan. Windows all newer, 10ish years, roof not old (middle-aged), new hot water heater Fall of 2018, furnace and a/c serviced every year. A well-maintained home, over 1200 sq. feet! (P.S. The story on the street is that 2 of Jack Benny's Aunts (the actor/comedian who was born in Waukegan) lived in this home and Jack used to come visit them often; when he did visit the local fire trucks and police would provide him a fancy escort! :-) - Gotta love some interesting history!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,702
Year Built
- 1950
Lot Details
- East or West Exposure
Home Design
- Ranch Style House
- Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- Bathroom on Main Level
- Den
- Wood Flooring
- Crawl Space
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Microwave
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- Parking Available
- Driveway
- Off-Street Parking
- Parking Space is Owned
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2020
Closed on
Apr 14, 2020
Sold by
Leonaitis Joanne S
Bought by
Idowu Oyindamola
Seller's Agent
Kris Seegren
RE/MAX Plaza
Buyer's Agent
Renee Kessel
Century 21 Circle
List Price
$118,700
Sold Price
$106,000
Premium/Discount to List
-$12,700
-10.7%
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
$97,112
Avg. Annual Appreciation
10.95%
Original Mortgage
$84,800
Outstanding Balance
$75,636
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$110,497
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 |
|---|---|---|---|
| Idowu Oyindamola | $106,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Idowu Oyindamola | $84,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/27/2020 04/27/20 | Sold | $106,000 | -7.8% | $85 / Sq Ft |
| 03/09/2020 03/09/20 | Pending | -- | -- | -- |
| 02/23/2020 02/23/20 | Price Changed | $115,000 | -3.1% | $93 / Sq Ft |
| 02/12/2020 02/12/20 | For Sale | $118,700 | -- | $96 / 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 |
|---|---|---|---|---|
| 2024 | $4,702 | $55,696 | $8,179 | $47,517 |
| 2023 | $4,905 | $49,865 | $7,323 | $42,542 |
| 2022 | $4,905 | $50,171 | $6,095 | $44,076 |
| 2021 | $3,615 | $34,670 | $5,437 | $29,233 |
| 2020 | $2,414 | $32,299 | $5,065 | $27,234 |
| 2019 | $2,333 | $29,597 | $4,641 | $24,956 |
| 2018 | $2,459 | $30,713 | $5,911 | $24,802 |
| 2017 | $2,318 | $27,173 | $5,230 | $21,943 |
| 2016 | $1,341 | $23,613 | $4,545 | $19,068 |
| 2015 | $1,466 | $21,134 | $4,068 | $17,066 |
| 2014 | $1,611 | $19,678 | $4,977 | $14,701 |
| 2012 | $2,142 | $21,319 | $5,393 | $15,926 |
Source: Public Records
Agents Affiliated with this Home
-
Kris Seegren
-
Renee Kessel
Buyer's Agent in 2020
Renee Kessel
Century 21 Circle
(847) 668-5127
130 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10636063
APN: 08-16-403-032
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