$48,000
SOLD AUG 21, 2015

1740 N Mcaree Rd Waukegan, IL 60087

2 Beds
1 Bath
1,236 Sq Ft
0.33 Acres

Recently Sold

$39 Per Sq Ft

49% Below List Price

380 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Central Air
  • Corner Lot
  • Detached Garage
  • Hot Water Heating System

About This Home

As of July 2019

REO!!! AS-IS, NO SURVEY, NO DISCLOSURES, TAXES PROPRATED AT 100%. HOME IS ON A 1/3 ACRE LOT WITH FENCED-IN BACK YARD & IS FULL OF OPPORTUNITY!!! HAS LAMINATE HARDWOODS THROUGHOUT MOST OF HOME, CHAIR RAIL INSTALLED IN THE DINING ROOM, AND A LARGE CUT-OUT BETWEEN THE KITCHEN & FAMILY ROOM THAT OPENS UP THE FLOOR PLAN!!! GREAT INVESTMENT OPPORTUNITY W/SOME SWEAT EQUITY!!! BANK CONSIDERING ALL REASONABLE OFFERS!

Last Agent to Sell the Property

Justin Jenkins

Coldwell Banker Honig-Bell License #475162075 Listed on: 07/07/2014

Coldwell Banker Honig-Bell

Co-Listed By

Judith Archer

RE/MAX Ultimate Professionals License #471002546

Last Buyer's Agent

Terrence Muse

RE/MAX Vision 212 License #475144929

RE/MAX Vision 212

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,188

Year Built

  • 1960

Lot Details

  • Fenced Yard
  • Corner Lot

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Ranch Style House

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • Oven or Range
  • Laminate Flooring

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,188

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1960
  • Tax Exemptions: Homeowner, Senior
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Interior Property Features: Wood Laminate Floors
  • Number Of Rooms: 5
  • Appliances: Oven/Range, Refrigerator
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 10X08, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 13X09, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 1236
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X13, On Level: Main Level, Flooring: Wood Laminate

Exterior Features

  • Lot Size: .25-.49 Acre
  • Acreage: 0.3335

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 60
  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 87 X 167
  • Lot Description: Corner, Fenced Yard
  • Parcel Identification Number: 08074240130000

Tax Info

  • Taxes: 3649.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Jul 30, 2019
Sold by
Gmi Enterprises Inc
Bought by
Abeja Catalina and Diaz Valentin
Seller's Agent
Gagandeep Malhotra
Core Realty & Investments Inc.
Buyer's Agent
Elva Gonzalez
Charles Rutenberg Realty of IL
List Price
$164,500
Sold Price
$155,000
Premium/Discount to List
-$9,500
-5.78%
Current Estimated Value
$238,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,649
Avg. Annual Appreciation
7.74%
Original Mortgage
$139,500
Outstanding Balance
$133,085
Interest Rate
9.37%
Mortgage Type
New Conventional
Estimated Equity
$107,860

Purchase Details

Listed on
Jul 7, 2014
Closed on
Oct 1, 2015
Sold by
Vmalhotra Enterprise Inc
Bought by
Gm1 Enterprises Inc
Seller's Agent
Justin Jenkins
Coldwell Banker Honig-Bell
Buyer's Agent
Terrence Muse
RE/MAX Vision 212
List Price
$94,900
Sold Price
$48,000
Premium/Discount to List
-$46,900
-49.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.65%

Purchase Details

Listed on
Jul 7, 2014
Closed on
Aug 5, 2015
Sold by
Synergy Property Holdings Llc
Bought by
Vmalhotra Enterprise Inc
Seller's Agent
Justin Jenkins
Coldwell Banker Honig-Bell
Buyer's Agent
Terrence Muse
RE/MAX Vision 212
List Price
$94,900
Sold Price
$48,000
Premium/Discount to List
-$46,900
-49.42%

Purchase Details

Closed on
Apr 16, 2014
Sold by
Garcia Juan Luis and First Midwest Bank
Bought by
Synergy Property Holdings Llc

Purchase Details

Closed on
Jan 5, 2007
Sold by
Wolf Mary C
Bought by
Garcia Juan Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Special Warranty Deed $155,000 Alliance Title Corporation
Quit Claim Deed -- None Available
Special Warranty Deed $48,000 Attorney
Sheriffs Deed -- Chicago Title Insurance Co
Warranty Deed $138,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $139,500 New Conventional
Previous Owner $88,200 Commercial
Previous Owner $350,000 Credit Line Revolving
Previous Owner $20,000 Unknown
Previous Owner $138,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2019 07/30/19 Sold $155,000 -5.8% $125 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $164,500 +242.7% $133 / Sq Ft
08/21/2015 08/21/15 Sold $48,000 -8.9% $39 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
07/10/2015 07/10/15 Price Changed $52,700 -29.6% $43 / Sq Ft
03/26/2015 03/26/15 Price Changed $74,900 -6.3% $61 / Sq Ft
12/18/2014 12/18/14 Price Changed $79,900 -15.8% $65 / Sq Ft
07/07/2014 07/07/14 For Sale $94,900 -- $77 / 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 $5,188 $69,878 $12,460 $57,418
2023 $4,664 $63,020 $11,237 $51,783
2022 $4,664 $53,709 $13,313 $40,396
2021 $4,982 $53,786 $13,284 $40,502
2020 $5,000 $50,108 $12,376 $37,732
2019 $5,716 $45,916 $11,341 $34,575
2018 $4,904 $37,927 $12,840 $25,087
2017 $4,773 $33,555 $11,360 $22,195
2016 $4,506 $29,158 $9,871 $19,287
2015 $4,339 $25,688 $8,835 $16,853
2014 $3,650 $27,110 $6,645 $20,465
2012 $4,743 $29,372 $7,200 $22,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08665013

Midwest Real Estate Data (MRED)

APN: 08-07-424-013