NOT LISTED FOR SALE

2505 University Ave Waukegan, IL 60085

Estimated Value: $269,000 - $334,000

3 Beds
3 Baths
1,850 Sq Ft
$164/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $125,900 $68 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $2,176/month

68 Days on Market

About This Home

As of June 2016

Charmer on a Corner Lot. Ample windows that allows natural light throughout. Brick and Frame 2 Story. 3 Bedrooms, 1 Bath Up. Hardwood Floors under carpet. Family Room Features Brick Wood Burning Fireplace. Full Finished Basement with Full Bath. Front, Side and Rear Gardens Overflowing with Peaches, Grapes, Apples, Berries and Pears. A Gardener's Dream. This is a Fannie Mae HomePath Property.

Last Agent to Sell the Property

Angela Robinson

Elite Properties Chicago License #471003009 Listed on: 02/17/2016

Last Buyer's Agent

Emanuel Arrambide

Redfin Corporation License #475140275

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,852

Year Built

  • 1962

Lot Details

  • 8,712

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Frame Construction

Finished Basement

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

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • $3,777 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,852

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1962
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 22X20, On Level: Main Level
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 16X18, On Level: Main Level
  • Kitchen Type: Dimensions: 16X18, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X14, On Level: 2nd Level
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level
  • Estimated Sq Ft: 1850
  • Family Room: Dimensions: 24X20, On Level: Main Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame
  • Acreage: 0.2051

Garage/Parking

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

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 60
  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 8932
  • Parcel Identification Number: 08201060010000

Tax Info

  • Taxes: 4136.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2016
Closed on
Apr 26, 2016
Sold by
Fannie Mae
Bought by
Ortiz Dulce Y
Seller's Agent
Angela Robinson
Elite Properties Chicago
Buyer's Agent
Emanuel Arrambide
Redfin Corporation
List Price
$117,000
Sold Price
$125,900
Premium/Discount to List
$8,900
7.61%
Current Estimated Value
$302,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,818
Avg. Annual Appreciation
9.38%
Original Mortgage
$119,600
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2010
Sold by
Brown Willie L and Brown Emma L
Bought by
Chicago Title Land Trust Company and Trust #1498

Purchase Details

Closed on
May 25, 1994
Sold by
Gregorski Anthony P and Gregorski Marcia A
Bought by
Brown Willie L and Brown Emma L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.34%
Source: Public Records

Range of Values:

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Average Value
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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
Ortiz Dulce Y $125,900 Attorney
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Brown Willie L $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Dulce Y $119,600
Previous Owner Brown Willie L $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2016 06/15/16 Sold $125,900 +15.5% $68 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
03/22/2016 03/22/16 Price Changed $109,000 -6.8% $59 / Sq Ft
03/18/2016 03/18/16 For Sale $117,000 0.0% $63 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $117,000 -- $63 / 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 $6,852 $90,099 $13,800 $76,299
2023 $5,677 $80,666 $12,355 $68,311
2022 $5,677 $64,068 $10,512 $53,556
2021 $5,718 $60,841 $9,725 $51,116
2020 $5,745 $56,681 $9,060 $47,621
2019 $5,729 $51,939 $8,302 $43,637
2018 $4,980 $44,897 $10,681 $34,216
2017 $4,797 $39,722 $9,450 $30,272
2016 $5,334 $34,517 $8,212 $26,305
2015 $4,641 $33,474 $7,350 $26,124
2014 $3,431 $30,430 $7,770 $22,660
2012 $4,812 $32,969 $8,419 $24,550
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Angela Robinson

    Elite Properties Chicago

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09141585

Midwest Real Estate Data (MRED)

APN: 08-20-106-001

Illinois Lake County Waukegan 60085

2505 University Ave, Waukegan, IL

This home is located at 2505 University Ave, Waukegan, IL 60085 since 17 February 2016 and is currently estimated at $302,718, approximately $163 per square foot. This property was built in 1962. 2505 University Ave is a home located in Lake County with nearby schools including Whittier Elementary School, Robert E. Abbott Middle School, and Waukegan High School.

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