2850 Darrow Ln Waukegan, IL 60085
Estimated Value: $352,000 - $507,733
8
Beds
4
Baths
3,848
Sq Ft
$117/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Patio
- Paved or Partially Paved Lot
- 4 Car Attached Garage
About This Home
As of September 2021Four unit building on a dead end street. All units have 2 bedrooms, large living room, and an eat in kitchen. They each have their own garage, and patio in the back. All units have washer and dryer hookups in their prospective apartments. One tenant has lived their for 11 years, and one for over 20 years. The tenants pay their own utilities. A couple of the apartments have been refurbished, and all of the apartments have the same floor plan. Owners do not want to inconvenience the tenants, so please pay attention to the showing instructions. Seller has replaced the roof, and made some repairs to the apartments.
Last Agent to Sell the Property
RE/MAX Plaza License #475123448 Listed on: 04/16/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,453
Year Built
- Built in 1967
Lot Details
- 0.46 Acre Lot
- Lot Dimensions are 120 x 167
- Paved or Partially Paved Lot
Parking
- 4 Car Attached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Ranch Style House
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Outdoor Features
- Patio
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 4 Units
- Four Unit
Building Details
- Insurance Expense $1,736
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2021
Closed on
Aug 23, 2021
Sold by
Slb Investmentse Llc
Bought by
Bhatia Rajat
Seller's Agent
David Ayabarreno
RE/MAX Plaza
Buyer's Agent
Jayesh Parekh
ARNI Realty Incorporated
Sold Price
$369,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,683
Avg. Annual Appreciation
5.00%
Original Mortgage
$273,750
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 3, 2015
Sold by
Lorenc Phillip T and Lorenc Becky
Bought by
Slb Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,823
Interest Rate
3.93%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 25, 2014
Sold by
Chicago Title Land Trust Company
Bought by
Phillip T Lorenc & Becky Lorenc Living R
Purchase Details
Closed on
Aug 26, 1993
Sold by
Taylor Janet and Stancil Janet Taylor
Bought by
Mendoza Victor and Mendoza Carol
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bhatia Rajat | $369,000 | First American Title | |
| Slb Investments Llc | $180,000 | Nat | |
| Phillip T Lorenc & Becky Lorenc Living R | -- | Chicago Title Land Trust Co | |
| Mendoza Victor | $48,666 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bhatia Rajat | $273,750 | |
| Previous Owner | Slb Investments Llc | $143,823 | |
| Previous Owner | Grand National Bank | $84,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/07/2021 09/07/21 | Sold | $369,000 | -7.7% | $96 / Sq Ft |
| 07/20/2021 07/20/21 | Pending | -- | -- | -- |
| 05/24/2021 05/24/21 | For Sale | -- | -- | -- |
| 05/23/2021 05/23/21 | Pending | -- | -- | -- |
| 05/20/2021 05/20/21 | For Sale | $399,900 | +8.4% | $104 / Sq Ft |
| 04/26/2021 04/26/21 | Off Market | $369,000 | -- | -- |
| 04/16/2021 04/16/21 | For Sale | $399,900 | 0.0% | $104 / Sq Ft |
| 02/21/2021 02/21/21 | Rented | $1,200 | 0.0% | -- |
| 02/11/2021 02/11/21 | Under Contract | -- | -- | -- |
| 01/29/2021 01/29/21 | For Rent | $1,200 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $11,888 | $139,933 | $18,784 | $121,149 |
| 2023 | $12,285 | $126,077 | $16,817 | $109,260 |
| 2022 | $12,285 | $125,661 | $18,110 | $107,551 |
| 2021 | $13,197 | $126,581 | $16,154 | $110,427 |
| 2020 | $13,368 | $117,925 | $15,049 | $102,876 |
| 2019 | $13,453 | $108,059 | $13,790 | $94,269 |
| 2018 | $12,755 | $98,654 | $17,078 | $81,576 |
| 2017 | $12,416 | $87,281 | $15,109 | $72,172 |
| 2016 | $11,720 | $75,844 | $13,129 | $62,715 |
| 2015 | $11,467 | $67,882 | $11,751 | $56,131 |
| 2014 | $9,946 | $58,790 | $13,398 | $45,392 |
| 2012 | $11,927 | $63,694 | $14,515 | $49,179 |
Source: Public Records
Agents Affiliated with this Home
-
David Ayabarreno
Seller's Agent in 2021
David Ayabarreno
RE/MAX Plaza
(847) 542-4592
104 Total Sales
-
Joanna Elrod
Seller's Agent in 2021
Joanna Elrod
Keller Williams North Shore West
(847) 887-9869
67 Total Sales
-
Jayesh Parekh
J
Buyer's Agent in 2021
Jayesh Parekh
ARNI Realty Incorporated
(847) 962-0239
87 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11056518
APN: 08-30-206-025
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