NOT LISTED FOR SALE

2605 Colbert Rd Waukegan, IL 60085

Estimated Value: $274,000 - $327,000

4 Beds
2 Baths
1,812 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 21, 2015

Last sale price $129,900 $72 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,184/month

32 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Heating Available
  • 2 Car Attached Garage
  • Satellite Dish

About This Home

As of October 2015

Great investment! Side-by-side brick 2 bedroom, 1 bath units, both with basements. Each unit shares a 2 car attached garage. Already leased & ready to go. Each has a fireplace. New hot water heater in one unit,, new stove in one unit. New windows in bedrooms & living rms. New concrete driveway. Each has its own patio.

Last Agent to Sell the Property

Leslie Nauta

Coldwell Banker Residential Brokerage Listed on: 08/08/2015

Co-Listed By

Kurt Nauta

Coldwell Banker Residential Brokerage

Last Buyer's Agent

Flor Luis Washington

Century 21 Circle License #475134379

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,990

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 93 x 74
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • No Garage
  • Parking Included in Price

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio

Utilities

  • Heating Available
  • Lake Michigan Water
  • Satellite Dish

Community Details

Overview

  • 2 Units
  • 2 Ranch Units

Building Details

  • Gross Income $20,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,990

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1980
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Commuter Bus
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: TV-Dish, CO Detectors, Sump Pump
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Wood,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Wood,Garage/Space,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 139900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Electric
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Dimensions: 93 X 74
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 20700
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 5990
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Fonseca Jose Luis and Fonseca Rosalba
Bought by
Rose Properties Waukegan Llc
Current Estimated Value
$303,962

Purchase Details

Listed on
Aug 8, 2015
Closed on
Oct 21, 2015
Sold by
Petron Charles H and Petron Sandra J
Bought by
Fonseca Jose Luis and Fonseca Rosalba
Seller's Agent
Leslie Nauta
Coldwell Banker Residential Brokerage
Buyer's Agent
Flor Luis Washington
Century 21 Circle
List Price
$139,900
Sold Price
$129,900
Premium/Discount to List
-$10,000
-7.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$97,425
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 2014
Sold by
Petron Charles and Petron Sandra
Bought by
Petron Charles H and Petron Sandra J
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
Rose Properties Waukegan Llc -- Attorney
Fonseca Jose Luis $129,900 First American Title
Petron Charles H -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fonseca Jose Luis $97,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2015 10/21/15 Sold $129,900 -7.1% $72 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
08/08/2015 08/08/15 For Sale $139,900 -- $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 $6,947 $82,288 $10,411 $71,877
2023 $8,333 $73,673 $9,321 $64,352
2022 $8,333 $85,243 $8,588 $76,655
2021 $7,602 $72,921 $7,337 $65,584
2020 $7,701 $67,934 $6,835 $61,099
2019 $7,750 $62,250 $6,263 $55,987
2018 $7,281 $56,317 $9,672 $46,645
2017 $7,088 $49,825 $8,557 $41,268
2016 $6,691 $43,920 $7,436 $36,484
2015 $6,640 $39,309 $6,655 $32,654
2014 $5,986 $35,380 $7,494 $27,886
2012 $7,419 $38,332 $8,120 $30,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09007935

Midwest Real Estate Data (MRED)

APN: 08-19-406-039