NOT LISTED FOR SALE

311 Franklin St Waukegan, IL 60085

Estimated Value: $198,000 - $220,000

3 Beds
2 Baths
1,096 Sq Ft
$193/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $23,775 $22 Per Sq Ft

Est. 790% increase in value since last sale

Current estimated payment $1,526/month

74 Days on Market

Highlights

  • Detached Garage
  • Property is near a bus stop
  • Central Air

About This Home

As of September 2014

REO, Corporate owned, NOT A SHORT SALE. Sold as is, where is. No seller disclosures available. Buyer to assume all liens and encumbrances. Buyer to pay $2225 fee at closing. Investor financing available.

Last Agent to Sell the Property

Ryan Gehris

USRealty.com, LLP Listed on: 06/23/2014

Last Buyer's Agent

Ryan Gehris

USRealty.com, LLP Listed on: 06/23/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,473

Year Built

  • 1925

Lot Details

  • 6,273

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Block Foundation
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Unfinished Basement

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

Location

  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,473

Year Built

1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1 Story
  • Estimated Year Built: 1925
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X12, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X12, On Level: Main Level
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 09X10, On Level: Main Level
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level
  • Bedroom 3: Dimensions: 11X09, On Level: Main Level
  • Estimated Sq Ft: 1096

Exterior Features

  • Foundation: Block, Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 60
  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 6290
  • Parcel Identification Number: 08212060160000

Tax Info

  • Taxes: 2480.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2015
Sold by
Mercado Jose L and Mercado Marcelina
Bought by
The Jose L & Marcelina Mercado Living Tr
Current Estimated Value
$211,579

Purchase Details

Listed on
Jun 23, 2014
Closed on
Sep 3, 2014
Sold by
Eh Pooled 114 Lp
Bought by
Mercado Jose
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Ryan Gehris
USRealty.com, LLP
List Price
$31,900
Sold Price
$23,775
Premium/Discount to List
-$8,125
-25.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.66%

Purchase Details

Listed on
Nov 27, 2013
Closed on
Mar 26, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Eh Pooled 114 Lp
Seller's Agent
Tom Yingling
New Century Real Estate
Buyer's Agent
Kelly Deschamp
Exit Real Estate Partners
List Price
$40,000
Sold Price
$21,320
Premium/Discount to List
-$18,680
-46.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.63%

Purchase Details

Closed on
Sep 30, 2013
Sold by
North Shore Trust And Savings
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Jul 29, 2013
Sold by
Delgado Gerardo
Bought by
North Shore Trust And Savings

Purchase Details

Closed on
Aug 29, 2001
Sold by
Deoca Josefina Montes
Bought by
Delgado Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,103
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 1995
Sold by
Wilhelm Kevin J
Bought by
Aguilar Alegandro and Montes Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,462
Interest Rate
7.28%
Mortgage Type
FHA
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
The Jose L & Marcelina Mercado Living Tr -- None Available
Mercado Jose $23,775 Stewart Title
Eh Pooled 114 Lp -- Stewart Title Company
The Secretary Of Hud -- None Available
North Shore Trust And Savings -- None Available
Delgado Gerardo $90,000 Chicago Title Insurance Co
Aguilar Alegandro $67,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delgado Gerardo $5,000
Previous Owner Delgado Gerardo $90,439
Previous Owner Delgado Gerardo $89,103
Previous Owner Aguilar Alegandro $66,462
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2014 09/05/14 Sold $23,775 -19.4% $22 / Sq Ft
08/25/2014 08/25/14 Price Changed $29,500 -4.5% $27 / Sq Ft
07/18/2014 07/18/14 Price Changed $30,900 -3.1% $28 / Sq Ft
06/23/2014 06/23/14 For Sale $31,900 +49.6% $29 / Sq Ft
04/03/2014 04/03/14 Sold $21,320 -40.8% $19 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
02/07/2014 02/07/14 Price Changed $36,000 -10.0% $33 / Sq Ft
02/07/2014 02/07/14 For Sale $40,000 0.0% $36 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
11/27/2013 11/27/13 For Sale $40,000 -- $36 / 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 $4,473 $52,985 $8,193 $44,792
2023 $4,239 $47,438 $7,335 $40,103
2022 $4,239 $43,358 $6,977 $36,381
2021 $3,903 $37,433 $6,222 $31,211
2020 $3,953 $34,874 $5,797 $29,077
2019 $3,978 $31,956 $5,312 $26,644
2018 $4,226 $31,843 $6,768 $25,075
2017 $4,007 $28,172 $5,988 $22,184
2016 $3,783 $24,480 $5,203 $19,277
2015 $3,701 $21,910 $4,657 $17,253
2014 $2,761 $16,317 $2,495 $13,822
2012 $2,480 $17,679 $2,704 $14,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08652840

Midwest Real Estate Data (MRED)

APN: 08-21-206-016