NOT LISTED FOR SALE

1312 Melrose Ave Unit 208 Waukegan, IL 60085

Estimated Value: $70,000 - $92,000

1 Bed
1 Bath
619 Sq Ft
$255/mo HOA Fee

Last Sold November 17, 2023

Last sale price $72,000 $116 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $821/month

5 Days on Market

Highlights

  • Resident Manager or Management On Site
  • Heating System Uses Steam
  • 1-minute walk to Plonien Park
  • Combination Dining and Living Room
  • Laundry Facilities

About This Home

As of November 2023

**Multiple offers received. Highest and best offers called for by 7PM Sat. 10/14. Luxurious 1-Bedroom Condo with New Upgrades and Rental Potential! Clean & neutral 1 bedroom condo on second floor features new flooring throughout. Freshly painted. Full Kitchen with new range, range hood, countertop and sink. New light fixtures. Windows have been replaced with vinyl windows. One assigned parking space (#208). Storage area #208 is in basement. Laundry room on the first floor. The monthly assessment fee includes heat, water, common insurance, exterior maintenance, lawn care, scavenger, and snow removal. This makes this condo a very affordable and low-maintenance option. As an added bonus, rentals are allowed in this building, so you can start or add to your rental portfolio. This condo is an exceptional value and is sure to sell quickly. Schedule a showing today!

Last Agent to Sell the Property

Scott Paul

RE/MAX Suburban License #475099693 Listed on: 10/09/2023

RE/MAX Suburban

Last Buyer's Agent

Oralia Herrera

Century 21 TK Realty License #471000493

Century 21 TK Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,317

Year Built

  • Built in 1967

Lot Details

  • 1,263

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 619 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • Uncovered Parking

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 26 Units
  • Association Phone (847) 362-9624
  • Melrose Condominiums Subdivision
  • Property managed by Kalman Management

Amenities

  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,317

Year Built

Built in 1967

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Melrose Condominiums
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 619
  • Other Equipment: CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 71900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Natural Gas, Steam
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 255
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Kalman Management
  • Management Contact Name: Al
  • Management Phone: 847-362-9624
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 1316.54
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Oct 24, 2023
Sold by
Belmont W C Ty
Bought by
Alvarado Luis
Seller's Agent
Scott Paul
RE/MAX Suburban
Buyer's Agent
Oralia Herrera
Century 21 TK Realty
List Price
$71,900
Sold Price
$72,000
Premium/Discount to List
$100
0.14%
Views
53
Current Estimated Value
$83,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,239
Avg. Annual Appreciation
7.32%
Original Mortgage
$68,000
Interest Rate
7.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Alvarado Luis $72,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarado Luis $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $72,000 +0.1% $116 / Sq Ft
10/15/2023 10/15/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $71,900 -- $116 / 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 $1,360 $16,111 $2,304 $13,807
2023 $1,317 $14,425 $2,063 $12,362
2022 $1,317 $13,467 $2,058 $11,409
2021 $1,302 $12,492 $1,898 $10,594
2020 $1,319 $11,638 $1,768 $9,870
2019 $1,328 $10,664 $1,620 $9,044
2018 $2,053 $15,876 $1,834 $14,042
2017 $1,998 $14,046 $1,623 $12,423
2016 $1,886 $12,205 $1,410 $10,795
2015 $1,845 $10,924 $1,262 $9,662
2014 $1,800 $10,641 $1,207 $9,434
2012 $2,231 $11,529 $1,308 $10,221
Source: Public Records

Agents Affiliated with this Home

  • Scott Paul

    Seller's Agent in 2023

    Scott Paul

    RE/MAX Suburban

    (847) 274-3591

    151 Total Sales

    Scott Paul
    Section Image
  • Oralia Herrera

    Buyer's Agent in 2023

    Oralia Herrera

    Century 21 TK Realty

    (630) 816-8059

    148 Total Sales

    Oralia Herrera
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11904849

Midwest Real Estate Data (MRED)

APN: 08-20-415-044

Illinois Lake County Waukegan 60085

1312 Melrose Ave Unit 208, Waukegan, IL

This home is located at 1312 Melrose Ave Unit 208, Waukegan, IL 60085 since 09 October 2023 and is currently estimated at $83,239, approximately $134 per square foot. This property was built in 1967. 1312 Melrose Ave Unit 208 is a home located in Lake County with nearby schools including Washington Elementary School, Robert E. Abbott Middle School, and Waukegan High School.

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