NOT LISTED FOR SALE

19 N Cedar Lake Rd Round Lake, IL 60073

Estimated Value: $297,000 - $330,000

5 Beds
2 Baths
2,688 Sq Ft
$116/Sq Ft Est. Value

Last Sold December 02, 2014

Last sale price $61,100 $23 Per Sq Ft

Est. 411% increase in value since last sale

Current estimated payment $2,280/month

63 Days on Market

About This Home

As of December 2014

Two Unit with lots of potential, full unfin bsmnt, hardwood flrs on 1st unit. Spacious kitchen, living rm & DR. Needs repairs thruout. Bank owned..being sold in "as-is" condition. Plz Note: No survey or termite inspection & taxes R prorated 100%. Buyers responsible for all city requirements, if any. Sellers Addendums will B forwarded only after an accepted offer. *Seller does not guaranty vacancy at close of escrow.

Last Agent to Sell the Property

Paul Booth

RE/MAX 10 in the Park Listed on: 07/31/2014

Last Buyer's Agent

Mitch High

Homesmart Connect LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 9,583

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Space is Owned
  • Unassigned Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch
  • 9,583 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1962
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 49900
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Parking Features: Unassigned, Driveway
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard
  • Water Source: Public

Schools

  • Middle/Junior School District: 116

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.22
  • Lot Dimensions: 9927 SF
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8208.37
  • Tax Year: 2012
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2014
Closed on
Nov 21, 2014
Sold by
Aab Property Development Inc
Bought by
Watts Robert
Seller's Agent
Paul Booth
RE/MAX 10 in the Park
Buyer's Agent
Mitch High
Homesmart Connect LLC
List Price
$99,000
Sold Price
$61,100
Premium/Discount to List
-$37,900
-38.28%
Current Estimated Value
$312,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,093
Avg. Annual Appreciation
16.16%

Purchase Details

Closed on
Dec 20, 2010
Sold by
Aztecamerica Bank
Bought by
Aab Property Development Inc

Purchase Details

Closed on
Oct 14, 2010
Sold by
Segura Teresita
Bought by
Aztecamerica Bank

Purchase Details

Closed on
Jul 20, 2006
Sold by
Schlichtenmyer Russell R and Schlichtenmyer Charles L
Bought by
Deoca Felipe Montes and Segura Teresita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.83%
Mortgage Type
Unknown
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
Watts Robert $61,100 None Available
Aab Property Development Inc -- None Available
Aztecamerica Bank -- None Available
Deoca Felipe Montes $282,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deoca Felipe Montes $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2014 12/02/14 Sold $61,100 +22.4% $23 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
09/22/2014 09/22/14 Price Changed $49,900 -49.6% $19 / Sq Ft
07/31/2014 07/31/14 For Sale $99,000 -- $37 / 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 $7,558 $81,397 $9,531 $71,866
2023 $6,611 $74,703 $8,747 $65,956
2022 $6,611 $64,034 $7,362 $56,672
2021 $7,022 $61,547 $7,076 $54,471
2020 $7,625 $66,124 $6,733 $59,391
2019 $7,451 $63,441 $6,460 $56,981
2018 $3,449 $25,673 $9,775 $15,898
2017 $3,394 $24,149 $9,195 $14,954
2016 $3,295 $22,292 $8,488 $13,804
2015 $3,250 $53,223 $7,754 $45,469
2014 $9,250 $59,350 $6,289 $53,061
2012 $8,207 $61,984 $6,568 $55,416
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08690030

Midwest Real Estate Data (MRED)

APN: 06-29-301-001