NOT LISTED FOR SALE

1322 Terrace Ave Waukegan, IL 60085

Estimated Value: $200,929 - $242,000

2 Beds
1 Bath
1,100 Sq Ft
$203/Sq Ft Est. Value

Last Sold April 09, 2015

Last sale price $50,000 $45 Per Sq Ft

Est. 346% increase in value since last sale

Current estimated payment $1,578/month

About This Home

As of April 2015

Newly Renovated 1,100 Sq-ft 2 bed Ranch with finished basement (with bar) and quaint back yard with playground. Close to Lake! Nearby parks include Victory Park, Upton Park and Waukegan Skate Park. Nearby schools include St Anastasia School, Glen Flora Elementary School and North Elementary School. Walking distance to shopping, groceries, cafes and restaurants!

Last Agent to Sell the Property

Jessenia Zamarripa

United Real Estate-Chicago License #475158671 Listed on: 12/22/2014

Last Buyer's Agent

Jessenia Zamarripa

United Real Estate-Chicago License #475158671 Listed on: 12/22/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,755

Year Built

  • 1951

Lot Details

  • 6,534

Home Design

  • Brick Exterior Construction

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas

Additional Features

  • Partial Basement
  • Landscaped Professionally

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,755

Year Built

1951

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1951
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Number Of Rooms: 2
  • Basement: Partial
  • Basement: Finished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level
  • Estimated Sq Ft: 1100

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1526

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 60
  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 52X130
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 08162020980000

Tax Info

  • Taxes: 3455.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2014
Closed on
Apr 9, 2015
Sold by
Queen S Park Oval Asset Holding Trust
Bought by
Milczarski Krzysztof
Seller's Agent
Jessenia Zamarripa
United Real Estate-Chicago
Buyer's Agent
Jessenia Zamarripa
United Real Estate-Chicago
List Price
$50,000
Sold Price
$50,000
Current Estimated Value
$222,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,982
Avg. Annual Appreciation
14.28%
Original Mortgage
$49,094
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2014
Sold by
Vazquez Luciano and Bank Of America N A
Bought by
Queen S Park Oval Asset Holding Trust

Purchase Details

Closed on
Apr 23, 2014
Sold by
Bank Of America N A
Bought by
Queens Park Oval Asset Holding Trust

Purchase Details

Closed on
Mar 8, 2013
Sold by
Vazquez Luciano and Vazquez Mayra
Bought by
Vazquez Luciano

Purchase Details

Closed on
Feb 8, 2007
Sold by
Vasquez Victor and Vasquez Magdalena R
Bought by
Vazquez Mayra and Vazquez Luciano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,667
Interest Rate
6.28%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2000
Sold by
Vasquez Magdalena R and Reyes Ivan
Bought by
Vasquez Victor and Vasquez Magdalena R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
12.99%

Purchase Details

Closed on
Sep 5, 1997
Sold by
Gebhardt Mark and Gebhardt Mark J
Bought by
Vasquez Magdalena R and Reyes Ivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,366
Interest Rate
7.63%
Mortgage Type
FHA
Source: Public Records

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
Milczarski Krzysztof $50,000 Chicago Title Insurance Co
Queen S Park Oval Asset Holding Trust -- None Available
Queens Park Oval Asset Holding Trust -- None Available
Vazquez Luciano -- None Available
Vazquez Mayra $149,000 Nat
Vasquez Victor -- Lawyers Title Pick Up
Vasquez Magdalena R $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Milczarski Krzysztof $49,094
Previous Owner Vazquez Mayra $146,667
Previous Owner Vasquez Victor $117,000
Previous Owner Vasquez Magdalena R $89,366
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2015 04/09/15 Sold $50,000 0.0% $45 / Sq Ft
12/22/2014 12/22/14 Pending -- -- --
12/22/2014 12/22/14 For Sale $50,000 -- $45 / 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 $4,755 $56,834 $9,671 $47,163
2023 $3,978 $50,425 $8,580 $41,845
2022 $3,978 $40,695 $6,665 $34,030
2021 $3,648 $34,991 $5,734 $29,257
2020 $3,695 $32,598 $5,342 $27,256
2019 $3,719 $29,871 $4,895 $24,976
2018 $3,594 $27,801 $6,928 $20,873
2017 $3,499 $24,596 $6,129 $18,467
2016 $3,303 $21,373 $5,326 $16,047
2015 $3,231 $19,129 $4,767 $14,362
2014 $2,611 $20,968 $5,111 $15,857
2012 $3,456 $22,718 $5,538 $17,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08805046

Midwest Real Estate Data (MRED)

APN: 08-16-202-098