NOT LISTED FOR SALE

1516 Laurel Ave Waukegan, IL 60085

Estimated Value: $237,000 - $251,000

4 Beds
2 Baths
1,702 Sq Ft
$142/Sq Ft Est. Value

Last Sold August 13, 2012

Last sale price $36,900 $22 Per Sq Ft

Est. 556% increase in value since last sale

Current estimated payment $1,651/month

53 Days on Market

About This Home

As of August 2012

EXCELLENT OPPORTUNITY FOR CORPORATE OWNED HOME W/ 3 PINS (TAXES/LOT SIZE REFLECTIVE OF ALL 3 PINS). 4 BED HOME WITH 2 KITCHENS AND DETACHED GARAGE. CLOSE TO SCHOOLS, PARKS, SHOPPING. SOLD AS-IS. TAXES PRORATED @ 100%. SELLER DOES NOT PROVIDE SURVEY. BUYER RESPONSIBLE FOR ANY CITY LIENS AND REQUIRED REPAIRS/ESCROWS......MULTIPLE OFFERS. HIGHEST & BEST DUE BY 9AM 6/8/12

Last Agent to Sell the Property

Eric Egeland

GenStone Realty License #471008764 Listed on: 06/01/2012

Last Buyer's Agent

Luis Zires

Charles Rutenberg Realty of IL License #475132442

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,458

Year Built

  • 1930

Parking

  • 2

Home Design

  • Asphalt Shingled Roof

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$4,458

Year Built

1930

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 6
  • Basement: Full
  • Basement: Unfinished
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 16X11
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 10X9
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 12X11
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 11X9
  • Living Room Level: Main Level
  • Living Room Size: 21X15
  • Kitchen Level: Main Level
  • Kitchen Size: 11X8

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Other
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage

Utilities

  • Air Conditioner: None
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 75X100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2025
Sold by
Pavon Ramira Vicenta and Flores Ramira Vicenta
Bought by
Pavon Keila and Pavon Ramira Vicenta
Current Estimated Value
$242,126

Purchase Details

Closed on
Mar 17, 2016
Sold by
Hernandez F Cruz T and Altamirano Alberto Jimenez
Bought by
Flores Ramira Vicenta Porcayo and Hernandez Cruz T

Purchase Details

Listed on
Jun 1, 2012
Closed on
Aug 7, 2012
Sold by
Stonecrest Income And Opportunity Fund 1
Bought by
Hernandez F Cruz T
Seller's Agent
Eric Egeland
GenStone Realty
Buyer's Agent
Luis Zires
Charles Rutenberg Realty of IL
List Price
$36,900
Sold Price
$36,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%

Purchase Details

Closed on
Apr 10, 2012
Sold by
Castaneda Lorenzo
Bought by
Stonecrest Income & Opportunity Fund I L

Purchase Details

Closed on
Sep 18, 2007
Sold by
Castaneda Lorenzo
Bought by
Castaneda Lorenzo and Escamilla Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 2004
Sold by
Zavala Gerardo and Zavala Martha
Bought by
Castaneda Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
7.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 11, 2004
Sold by
Citifinancial Mortgage Co Inc
Bought by
Zavala Gerardo and Zavala Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,100
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2002
Sold by
Hibco Investment
Bought by
Citifinancial Mortgage Co Inc

Purchase Details

Closed on
Jan 24, 2002
Sold by
Helander Willard R
Bought by
Hibco Investments

Purchase Details

Closed on
May 6, 1997
Sold by
Tippet Merritt L
Bought by
Rodriguez Ralph J and Rodriguez James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,439
Interest Rate
13.43%
Mortgage Type
Commercial
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
Pavon Keila -- None Listed On Document
Flores Ramira Vicenta Porcayo -- Attorney
Hernandez F Cruz T $37,000 None Available
Stonecrest Income & Opportunity Fund I L -- Premier Title
Castaneda Lorenzo -- K&M Title Llc
Castaneda Lorenzo $159,000 --
Zavala Gerardo $99,000 First American Title
Citifinancial Mortgage Co Inc $23,000 First American Title
Hibco Investments -- --
Rodriguez Ralph J $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castaneda Lorenzo $166,500
Previous Owner Castaneda Lorenzo $127,200
Previous Owner Zavala Gerardo $89,100
Previous Owner Rodriguez Ralph J $80,439
Closed Castaneda Lorenzo $31,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2012 08/13/12 Sold $36,900 0.0% $22 / Sq Ft
07/24/2012 07/24/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $36,900 0.0% $22 / Sq Ft
07/12/2012 07/12/12 Off Market $36,900 -- --
06/12/2012 06/12/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $36,900 -- $22 / 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 $4,458 $61,798 $9,781 $52,017
2023 $4,356 $55,279 $8,749 $46,530
2022 $4,356 $50,560 $7,767 $42,793
2021 $3,784 $42,294 $6,681 $35,613
2020 $3,786 $39,402 $6,224 $33,178
2019 $3,758 $36,105 $5,703 $30,402
2018 $3,502 $32,382 $9,687 $22,695
2017 $3,246 $28,649 $8,570 $20,079
2016 $2,920 $24,895 $7,447 $17,448
2015 $2,750 $22,281 $6,665 $15,616
2014 $4,151 $16,568 $7,269 $9,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08081898

Midwest Real Estate Data (MRED)

APN: 08-20-422-105