NOT LISTED FOR SALE

1508 Salem Ave Waukegan, IL 60085

Estimated Value: $161,000 - $188,251

-- Bed
1 Bath
864 Sq Ft
$202/Sq Ft Est. Value

About This Home

This home is located at 1508 Salem Ave, Waukegan, IL 60085 and is currently estimated at $174,313, approximately $201 per square foot. 1508 Salem Ave is a home located in Lake County with nearby schools including Washington Elementary School, Robert E. Abbott Middle School, and Waukegan High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
Pagan Maribel B
Bought by
Serrano Jessica
Current Estimated Value
$174,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Outstanding Balance
$144,179
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$21,310

Purchase Details

Closed on
Feb 21, 2003
Sold by
Borras Maribel
Bought by
Pagan Maribel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 3, 2000
Sold by
Guzman Jose M
Bought by
Borras Maribel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,976
Interest Rate
7.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 27, 1995
Sold by
Delagarza Mario A and Delagarza Elisa
Bought by
Borras Maribel and Guzman Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,546
Interest Rate
7.65%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 1993
Sold by
Lewis Linwood J and Lewis Carolyn R
Bought by
Delagarza Mario A and Delagarza Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,300
Interest Rate
6.93%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Serrano Jessica $150,000 Fidelity National Title
Pagan Maribel B -- --
Borras Maribel -- --
Borras Maribel $74,000 --
Delagarza Mario A $41,333 Imperial Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrano Jessica $147,283
Closed Serrano Jessica $147,283
Previous Owner Pagan Maribel A $10,383
Previous Owner Pagan Maribel B $103,500
Previous Owner Borras Maribel $24,976
Previous Owner Borras Maribel $72,546
Previous Owner Delagarza Mario A $62,300
Closed Borras Maribel $2,950
Source: Public Records

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 $3,060 $45,746 $12,601 $33,145
2023 $3,060 $40,921 $11,273 $29,648
2022 $2,998 $37,132 $10,007 $27,125
2021 $2,264 $28,177 $7,779 $20,398
2020 $2,559 $28,571 $8,019 $20,552
2019 $2,522 $26,181 $7,348 $18,833
2018 $2,426 $25,147 $10,400 $14,747
2017 $2,311 $22,248 $9,201 $13,047
2016 $2,060 $19,332 $7,995 $11,337
2015 $1,909 $17,303 $7,156 $10,147
2014 $2,356 $19,463 $7,284 $12,179
2012 $3,140 $21,086 $7,891 $13,195
Source: Public Records

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