NOT LISTED FOR SALE

402 S Main St Wauconda, IL 60084

Estimated Value: $297,064 - $369,000

4 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold April 25, 2023

Last sale price $265,000

Est. 22% increase in value since last sale

Current estimated payment $2,273/month

1 Day on Market

Highlights

  • 2 Car Detached Garage
  • Two Heating Systems
  • Multiple Water Heaters

About This Home

As of April 2023

DUPLEX CLOSE TO MAIN STREET ATTRACTIONS. 2 UNITS, BOTH ARE 2 BEDROOM | 1 BATH | WITH A FULL BASEMENT, LAUNDRY, PATIO AND SEPARATE ENTRANCES) 1 SHARED GARAGE (2 GARAGE SPACES) PLUS ADDITIONAL PARKING AT LEAST 2 SPACES ONSITE. UNIT 400 CURRENTLY UNOCCUPIED AND EASY TO SHOW. WALKABLE TO DOWNTOWN WAUCONDA - FARMERS MARKET, SHOPPING, PARADES, FESTIVALS, BANGS LAKE AND PARKS.

Last Agent to Sell the Property

Angela Bjork

Baird & Warner License #475123843 Listed on: 03/17/2023

Baird & Warner

Co-Listed By

Patti Mertz

Baird & Warner Real Estate - Algonquin License #475162413

Last Buyer's Agent

Mila Tsarfis

Mila Tsarfis Real Estate License #471011219

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,362

Year Built

  • Built in 1935

Lot Details

  • 6,970

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Duplex
  • Aluminum Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Lake Michigan Water
  • Multiple Water Heaters

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 63x124

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,362

Year Built

Built in 1935

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: 1935
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • 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: Multiple Water Heaters
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Number of Cars: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Sep Heating Systems - 2+
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 63X124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6362
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 25, 2023
Sold by
Scheid Debora
Bought by
Castillo Maria A and Castillo Guillermo
Seller's Agent
Angela Bjork
Baird & Warner
Buyer's Agent
Mila Tsarfis
Mila Tsarfis Real Estate
List Price
$245,000
Sold Price
$265,000
Premium/Discount to List
$20,000
8.16%
Views
67
Current Estimated Value
$322,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,516
Avg. Annual Appreciation
8.14%
Original Mortgage
$212,000
Outstanding Balance
$207,005
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$115,511

Purchase Details

Closed on
Mar 28, 2011
Sold by
Southwell William Owen and Southwell Sandra Lee
Bought by
Scheid Debora
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
Castillo Maria A $265,000 None Listed On Document
Scheid Debora $130,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Maria A $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold $265,000 +8.2% --
03/19/2023 03/19/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $245,000 -- --
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 $7,024 $78,206 $13,893 $64,313
2023 $6,637 $71,486 $12,699 $58,787
2022 $6,637 $60,829 $13,752 $47,077
2021 $6,362 $57,478 $12,994 $44,484
2020 $6,181 $54,783 $12,385 $42,398
2019 $5,510 $51,775 $11,705 $40,070
2018 $4,634 $40,280 $13,607 $26,673
2017 $4,632 $39,815 $13,450 $26,365
2016 $4,370 $37,704 $12,737 $24,967
2015 $4,139 $34,613 $11,693 $22,920
2014 $4,339 $36,767 $13,692 $23,075
2012 $4,199 $37,163 $13,100 $24,063
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11740002

Midwest Real Estate Data (MRED)

APN: 09-25-307-059