NOT LISTED FOR SALE

401 Center St Waukegan, IL 60085

Estimated Value: $192,000 - $276,000

5 Beds
2 Baths
2,252 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $41,000 $18 Per Sq Ft

Est. 489% increase in value since last sale

Current estimated payment $1,784/month

25 Days on Market

About This Home

As of May 2014

FANNIE MAE PROPERTY****2 Unit with a lot of potential. Close to downtown area. In need of tlc. This home is not Homepath approved so please bring your cash offers.

Last Agent to Sell the Property

nancy cavender

Real Estate One LTD License #471008993 Listed on: 04/25/2014

Real Estate One LTD

Last Buyer's Agent

Lorenze Platt

Century 21 Circle License #475143233

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 66x132

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Partial Basement
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

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: 1901
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 42900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 66X132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4886.66
  • Tax Year: 2012

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2014
Closed on
May 27, 2014
Sold by
Fannie Mae
Bought by
Estrada Emmanuel
Seller's Agent
nancy cavender
Real Estate One LTD
Buyer's Agent
Lorenze Platt
Century 21 Circle
List Price
$42,900
Sold Price
$41,000
Premium/Discount to List
-$1,900
-4.43%
Current Estimated Value
$241,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,464
Avg. Annual Appreciation
16.60%

Purchase Details

Closed on
Feb 6, 2014
Sold by
Snap Eric S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 30, 1997
Sold by
Schmidt Robert F
Bought by
Snap Eric S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
7.42%
Mortgage Type
Commercial
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
Estrada Emmanuel -- Premier Title
Federal National Mortgage Association -- Premier Title
Snap Eric S $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Snap Eric S $91,500
Previous Owner Snap Eric S $87,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $41,000 -4.4% $18 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $42,900 -- $19 / 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 $5,610 $66,038 $8,823 $57,215
2023 $5,746 $59,499 $7,899 $51,600
2022 $5,746 $58,773 $7,513 $51,260
2021 $5,753 $55,178 $6,701 $48,477
2020 $5,827 $51,405 $6,243 $45,162
2019 $5,864 $47,105 $5,721 $41,384
2018 $2,568 $19,859 $7,288 $12,571
2017 $2,499 $17,570 $6,448 $11,122
2016 $2,359 $15,268 $5,603 $9,665
2015 $2,308 $28,836 $5,015 $23,821
2014 $3,943 $23,305 $3,833 $19,472
2012 $4,887 $25,249 $4,153 $21,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08596152

Midwest Real Estate Data (MRED)

APN: 08-16-412-011