NOT LISTED FOR SALE

1515 Melrose Ave Waukegan, IL 60085

Estimated Value: $142,000 - $230,000

2 Beds
2 Baths
1,064 Sq Ft
$182/Sq Ft Est. Value

Last Sold March 18, 2014

Last sale price $28,000 $26 Per Sq Ft

Est. 593% increase in value since last sale

Current estimated payment $1,277/month

13 Days on Market

Highlights

  • Recreation Room
  • Breakfast Bar
  • 5-minute walk to Plonien Park
  • Home Office
  • Bungalow

About This Home

As of March 2014

Bring your imagination and your toolbox, this house will become a beautiful home with a little effort. Living areas are all nice sized. Basement needs some TLC to make it's areas livable again. Water will not be turned on in this home due to broken pipes. This property is to be sold "AS IS". Freddie Mac First Look initiative thru 03/10/2014.

Last Agent to Sell the Property

Neil Frederiksen

Listed on: 02/19/2014

Co-Listed By

Lucie Kim

Century 21 Affiliated

Last Buyer's Agent

Frank Cox

Century 21 Circle License #475140741

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,019

Year Built

  • 1935

Lot Details

  • 8,712

Home Design

  • Bungalow
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Home Office
  • Recreation Room
  • Breakfast Bar

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • Parking Available
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price
  • Unassigned Parking

Eco-Friendly Details

  • North or South Exposure

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,019

Year Built

1935

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Disability Access: Yes
  • Disability Access Details: Wheelchair Ramp(s)
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bungalow
  • Type Detached: 1 Story
  • Estimated Year Built: 1935
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 12X19, On Level: Main Level
  • Attic: Unfinished
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X15, On Level: Main Level
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Office, Recreation Room
  • Master Bedroom: Dimensions: 11X12, On Level: Main Level
  • Additional Room 1 Name: Office, Dimensions: 14X15, On Level: Basement
  • Additional Room 2 Name: Recreation Rm, Dimensions: 18X20, On Level: Basement
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level
  • Estimated Sq Ft: 1064
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: N (North)
  • Acreage: 0.2

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Unassigned, Off Alley, Off Street
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas

Schools

  • School District: 60
  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 75 X 124
  • Parcel Identification Number: 08292040380000

Tax Info

  • Taxes: 3598

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2014
Closed on
Mar 18, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gomez Alberto
Seller's Agent
Neil Frederiksen
Buyer's Agent
Frank Cox
Century 21 Circle
List Price
$24,900
Sold Price
$28,000
Premium/Discount to List
$3,100
12.45%
Current Estimated Value
$194,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,103
Avg. Annual Appreciation
17.70%

Purchase Details

Listed on
Feb 19, 2014
Closed on
Jan 22, 2014
Sold by
Paddock Charles and Paddock Jamilah
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Neil Frederiksen
Buyer's Agent
Frank Cox
Century 21 Circle
List Price
$24,900
Sold Price
$28,000
Premium/Discount to List
$3,100
12.45%

Purchase Details

Closed on
Aug 9, 2000
Sold by
Paddock Karen J
Bought by
Paddock Charles and Paddock Jamilah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,450
Interest Rate
8.16%

Purchase Details

Closed on
May 23, 1995
Sold by
Leclerc Elsie
Bought by
Leclerc Elsie and Mclees Karen J
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
Gomez Alberto $28,000 First American Title
Federal Home Loan Mortgage Corporation -- None Available
Paddock Charles $85,000 --
Leclerc Elsie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paddock Charles $82,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2014 03/18/14 Sold $28,000 +12.4% $26 / Sq Ft
03/04/2014 03/04/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $24,900 -- $23 / 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 $3,019 $44,735 $11,939 $32,796
2023 $3,309 $40,017 $10,680 $29,337
2022 $3,309 $39,850 $9,481 $30,369
2021 $2,860 $33,430 $8,156 $25,274
2020 $2,850 $31,144 $7,598 $23,546
2019 $2,816 $28,538 $6,962 $21,576
2018 $2,624 $26,675 $9,853 $16,822
2017 $2,522 $23,600 $8,717 $14,883
2016 $2,242 $20,508 $7,575 $12,933
2015 $2,087 $18,355 $6,780 $11,575
2014 $2,725 $21,647 $6,556 $15,091
2012 $3,598 $23,452 $7,103 $16,349
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2014

    Neil Frederiksen

  • L

    Seller Co-Listing Agent in 2014

    Lucie Kim

    Century 21 Affiliated

    Section Image
  • Frank Cox

    Buyer's Agent in 2014

    Frank Cox

    Century 21 Circle

    (847) 361-4470

    7 Total Sales

    Frank Cox
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08540536

Midwest Real Estate Data (MRED)

APN: 08-29-204-038

Illinois Lake County Waukegan 60085

1515 Melrose Ave, Waukegan, IL

This home is located at 1515 Melrose Ave, Waukegan, IL 60085 since 19 February 2014 and is currently estimated at $194,103, approximately $182 per square foot. This property was built in 1935. 1515 Melrose Ave 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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