NOT LISTED FOR SALE

131 N Butrick St Waukegan, IL 60085

Estimated Value: $230,018

4 Beds
2 Baths
2,184 Sq Ft
$105/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $108,000 $49 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,767/month

45 Days on Market

Highlights

  • Traditional Architecture
  • Paved or Partially Paved Lot
  • 4-minute walk to Ni-Ridge Park
  • 2 Car Detached Garage

About This Home

As of September 2018

Here is an excellent opportunity for a 2 flat home! Live in one unit and rent the 2nd to help pay your mortgage. Each unit has formal dining rooms. Separate utilities ( Gas and Electricity) Close to schools and shopping. Detached two car garage. Fenced yard. Can be a great investment!

Last Listed By

Tomas J Gomez

Freedom Realty License #471002378 Listed on: 08/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,006

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 38x122
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Steel Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,006

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1945
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 119000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Steel Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Dimensions: 38X122
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5005.72
  • Tax Year: 2017

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 28, 2018
Sold by
Bueno Francisco
Bought by
Rodriguez Melgar Jorge and Rodriguez Isabel
Seller's Agent
Tomas J Gomez
Freedom Realty
Buyer's Agent
Tomas J Gomez
Freedom Realty
List Price
$119,000
Sold Price
$108,000
Premium/Discount to List
-$11,000
-9.24%
Total Days on Market
45
Current Estimated Value
$230,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,018
Avg. Annual Appreciation
13.32%

Purchase Details

Closed on
Mar 22, 2007
Sold by
Golden Gate Properties Llc
Bought by
Bueno Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,300
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 2006
Sold by
Serra Dennis
Bought by
Golden Gate Properties Llc

Purchase Details

Closed on
Mar 3, 2005
Sold by
Khoury Kareem
Bought by
Serra Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 16, 2002
Sold by
Joseph Prince and Joseph Elizabeth
Bought by
Khoury Kareem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2001
Sold by
Conseco Finance Servicing Corp
Bought by
Joseph Prince and Joseph Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
6.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2001
Sold by
Booth
Bought by
Conseco Finance Servicing Corp

Purchase Details

Closed on
Jul 30, 1996
Sold by
Chapa Joseph
Bought by
Booth Hattie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
8.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 1995
Sold by
Samson William and Samson Joan
Bought by
Chapa Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,100
Interest Rate
7.8%
Mortgage Type
FHA

Range of Values:

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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
Rodriguez Melgar Jorge $108,000 First American Title
Bueno Francisco -- First American Title
Golden Gate Properties Llc $143,000 None Available
Serra Dennis $182,000 Multiple
Khoury Kareem $164,000 Mid America Title Company
Joseph Prince $98,000 --
Conseco Finance Servicing Corp -- Wheatland Title
Booth Hattie E $120,500 First American Title
Chapa Joseph $69,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bueno Francisco $114,842
Previous Owner Bueno Francisco $118,300
Previous Owner Serra Dennis $127,400
Previous Owner Khoury Kareem $131,200
Previous Owner Joseph Prince $78,400
Previous Owner Booth Hattie E $114,000
Previous Owner Chapa Joseph $105,100
Closed Khoury Kareem $32,800
Closed Serra Dennis $45,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $108,000 -9.2% $49 / Sq Ft
09/15/2018 09/15/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $119,000 0.0% $54 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $119,000 -- $54 / 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
2023 $5,891 $67,682 $6,435 $61,247
2022 $5,891 $60,256 $5,865 $54,391
2021 $5,636 $54,060 $5,526 $48,534
2020 $5,709 $50,363 $5,148 $45,215
2019 $5,745 $46,149 $4,717 $41,432
2018 $5,142 $39,775 $5,563 $34,212
2017 $5,006 $35,190 $4,922 $30,268
2016 $4,725 $30,579 $4,277 $26,302
2015 $4,623 $27,369 $3,828 $23,541
2014 $3,760 $22,226 $3,399 $18,827
2012 $4,388 $24,080 $3,683 $20,397
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10039698

Midwest Real Estate Data (MRED)

APN: 08-20-405-007