NOT LISTED FOR SALE

38305 Monarch Ln Waukegan, IL 60087

Estimated Value: $354,109 - $425,000

4 Beds
3 Baths
2,400 Sq Ft
$158/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $260,000 $108 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,903/month

58 Days on Market

Highlights

  • Full Attic
  • Attached Garage
  • Senior Tax Exemptions
  • Formal Dining Room

About This Home

As of October 2021

Rarely available in this great Beach Park neighborhood, this gorgeous 4 bedroom, 2.5 bath home has been loved and meticulously maintained by its original and only owner since it was completed in 2002. This home is solid, clean, & provides a great canvas to move in with your creative decorating ideas to upgrade this amazing and large space lavishly to your taste. The entrance foyer and staircase provides a grand effect, and the formal living & dining room are easy on the eyes immediately upon entry. Equipped with the much desirable "open concept" living space, the huge kitchen shares the back width of the house with an informal dining space, with access to the back patio, & a large family room. Directly off the kitchen is a wonderful, bright sunroom with dual walls of floor-to-ceiling windows & gorgeous skylights with direct access to the back patio. The first floor also boasts a convenient powder room & direct entry from the attached two-car garage. The second floor master suite provides ample space to create your own oasis, complete with dual walk-in closets and a HUGE master bathroom with a whirlpool tub, stand up shower & private toilet area. The second floor provides more than enough square footage for a full size bathroom and three good size bedrooms with large windows to allow for plenty of natural light in each bedroom. The full basement boasts high ceilings and a clean slate just waiting to be finished! The major systems in the house have been replaced within the passed 5-10 years (furnace/water heater/ac), and the quant yard is easy to maintain with a wall of trees and forest brush to provide that extra little bit of privacy & serenity beyond the back patio. The front porch also provides a lovely place to relax & enjoy the outdoors in this friendly & desirable neighborhood. Move in & make this your forever, custom dream home to enjoy & make magical memories for years to come! Being sold as-is.

Last Agent to Sell the Property

Kimberly Porter

Compass License #475194614 Listed on: 07/21/2021

Compass

Co-Listed By

Joe Gattone

Compass License #475159416

Last Buyer's Agent

Joe Rodarte

RE/MAX United License #475187091

RE/MAX United

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,515

Year Built

  • 2002

Lot Details

  • 8,712

HOA Fees

  • $13 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price

Interior Spaces

  • 2-Story Property
  • Formal Dining Room
  • Full Attic
  • Unfinished Basement

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,515

Year Built

2002

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Co List Office Mls Id: MRD6498
  • Co List Office Phone: (847) 318-3718
  • Directions: Yorkhouse Rd East of Lewis Ave; North on Harper Ave; East on Howard Ave; North on Monarch Ln
  • Lot Size: 61.88 X 108.90 X 82 X 98.92
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Monarch Point
  • Special Features: None
  • Year Built: 2002

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2414
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Walk-In Closet(s), Open Floorplan, Some Carpeting, Separate Dining Room, Some Wall-To-Wall Cp
  • Dining Room Type: Bonus Room, Foyer

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio, Porch
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee: 150
  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Kenneth Murphy School
  • High School: Zion-Benton Twnshp Hi School
  • Junior High Dist: 126
  • Middle Or Junior School: Beach Park Middle School

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner,Senior,Other
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 16, 2021
Sold by
Olson Rachel L and Denis J Grau Revocable Trust
Bought by
Velez Milagros L Ortega
Seller's Agent
Kimberly Porter
Compass
Buyer's Agent
Joe Rodarte
RE/MAX United
Sold Price
$260,000
Current Estimated Value
$380,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,027
Avg. Annual Appreciation
9.95%
Original Mortgage
$251,322
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2019
Sold by
Grau Denis J
Bought by
Grau Denis J and Denis J Grau Revocable Trust

Purchase Details

Closed on
Jul 3, 2002
Sold by
Oxford Bank & Trust
Bought by
Grau Denis J and Grau Valerie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.64%

Purchase Details

Closed on
Apr 29, 2002
Sold by
Oxford Bank & Trust
Bought by
Oxford Bank & Trust and Trust #859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage
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
Velez Milagros L Ortega $260,000 Chicago Title
Grau Denis J -- None Available
Grau Denis J $245,000 --
Oxford Bank & Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velez Milagros L Ortega $251,322
Previous Owner Grau Denis J $170,000
Previous Owner Oxford Bank & Trust $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2021 10/13/21 Sold $260,000 -10.3% $108 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
08/23/2021 08/23/21 For Sale -- -- --
07/26/2021 07/26/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $289,900 -- $121 / 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 $10,515 $110,452 $6,913 $103,539
2023 $10,491 $106,624 $6,673 $99,951
2022 $10,491 $103,034 $6,522 $96,512
2021 $2,586 $100,413 $6,356 $94,057
2020 $0 $95,823 $6,065 $89,758
2019 $3 $90,913 $5,754 $85,159
2018 $3 $68,858 $6,927 $61,931
2017 $3 $64,777 $6,516 $58,261
2016 $3 $61,669 $6,203 $55,466
2015 $0 $56,557 $5,689 $50,868
2014 $9,345 $67,087 $20,108 $46,979
2012 $9,296 $69,715 $20,896 $48,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11162833

Midwest Real Estate Data (MRED)

APN: 04-32-402-053