NOT LISTED FOR SALE

Estimated Value: $276,000 - $331,000

6 Beds
4 Baths
2,059 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $265,000 $129 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,205/month

4 Days on Market

Highlights

  • 2 Car Detached Garage
  • Patio
  • Paved or Partially Paved Lot
  • Soaking Tub
  • Forced Air Heating System

About This Home

As of October 2022

REMODELED SIDE BY SIDE BRICK DUPLEX WITH 3 BEDROOMS AND 2 BATHROOMS EACH. NEW KITCHENS, NEW CABINETS, QUARTZ COUNTERTOPS, SOME NEW STAINLESS STEEL APPLIANCES, SINK & FAUCET, NEW FLOORING. REMODELED BATHROOMS. FRESH PAINT. SEPARATE CENTRAL AIR CONDITINING. HVAC SYSTEM JUST SERVICED. SEPARATE FULL BASEMENTS WITH THEIR OWN LAUNDRY. 2 SEPARATE GAS AND ELECTRIC METERS. LARGE BACKYARD WITH 2 PATIO AREAS, 2 CAR GARAGE, AND PLENTY OF EXTRA PARKING SPACES IN THE BACK. BRAND NEW GARAGE DOOR OPENER. AND SELLER WILL HAVE THE ASPHALT DRIVEWAY REPAIRED BEFORE THE CLOSING. SUPER CASH COW, POTENTIAL $36,000 GROSS ANNUAL INCOME, THAT'S OVER 10% CAP RATE, AFTER TAXES, INSURANCE & WATER BILL. PREVIOUS TENANTS HAD A GREAT DEAL, BUT NOW THEY'RE OUT AND YOU CAN CHARGE MUCH MORE IN RENT, POTENTIAL $1,500 PER MONTH FOR EACH UNIT. SELLER PAYS $800 PER YEAR IN INSURNACE. AVERAGE WATER BILL FOR THE PREVIOUS TENANTS WAS $125 EVERY 2 MONTHS. LOCATED ON A CUL-DE-SAC DEAD END STREET. WALK TO DOWNTOWN WAUKEGAN. ** MULTPILE OFFERS RECEIVED, SELLER IS CALLING FOR HIGHEST AND BEST OFFERS BY THIS TUESDAY 09/06 AT NOON **

Last Agent to Sell the Property

Mike Najarian

NCL Realty, INC. License #471002448 Listed on: 09/01/2022

Last Buyer's Agent

Basilio Jimenez

Baird & Warner License #475129881

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,882

Year Built

  • Built in 1956 | Remodeled in 2022

Lot Details

  • Lot Dimensions are 54 x 150
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Duplex
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms
  • Soaking Tub

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Patio

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,882

Year Built

Built in 1956 | Remodeled in 2022

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: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 249900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 6
  • Number of Cars: 8
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • 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: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Paved

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Dimensions: 54 X 150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6881.86
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 28, 2022
Sold by
Cervantes Rental Homez Llc 424 Lawn
Bought by
Vazquez Osvaldo
Seller's Agent
Mike Najarian
NCL Realty, INC.
Buyer's Agent
Basilio Jimenez
Baird & Warner
List Price
$249,900
Sold Price
$265,000
Premium/Discount to List
$15,100
6.04%
Views
3
Current Estimated Value
$298,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,081
Avg. Annual Appreciation
3.72%
Original Mortgage
$260,200
Outstanding Balance
$251,512
Interest Rate
5.58%
Mortgage Type
FHA
Estimated Equity
$41,732

Purchase Details

Closed on
Mar 29, 2021
Sold by
424 Lawn Llc
Bought by
Cervantes Rental Homez Llc

Purchase Details

Closed on
Jun 16, 2009
Sold by
Merlock Kathryn V
Bought by
424 Lawn Llc

Purchase Details

Closed on
Oct 31, 2008
Sold by
Deutsche Bank National Trust
Bought by
Merlock Kathryn V

Purchase Details

Closed on
Jun 23, 2008
Sold by
Carias Marcos and Carias Marcos A
Bought by
Deutsche Bank National Trust and Pooling & Servicing Agreement Dated As O

Purchase Details

Closed on
Aug 26, 2005
Sold by
Koger Bruce
Bought by
Carias Marcos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
7.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 29, 2004
Sold by
Martinez Jeremias and Solis Mayra
Bought by
Koger Bruce P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.39%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2000
Sold by
Mendez Jeronimo
Bought by
Martinez Jeremias and Solis Mayra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,949
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2000
Sold by
Hud
Bought by
Mendez Jeronimo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
8.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 1999
Sold by
Rojas Javier Diaz and Zavala Jose
Bought by
Hud

Purchase Details

Closed on
Jun 11, 1996
Sold by
Cribb Jacque W and Cribb Norma J
Bought by
Diaz Javier and Zavala Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,002
Interest Rate
8.05%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 1994
Sold by
Brooks Robert A and Brooks Eleanor C
Bought by
Cribb Jacque W and Cribb Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.53%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vazquez Osvaldo $265,000 Chicago Title
Cervantes Rental Homez Llc -- Attorney
424 Lawn Llc -- None Available
Merlock Kathryn V $95,000 First American Title
Deutsche Bank National Trust -- None Available
Carias Marcos $190,000 Success Title Services Inc
Koger Bruce P $170,000 Commonwealth Title
Martinez Jeremias $151,000 Ticor Title
Mendez Jeronimo -- Stewart Title Company
Hud $133,193 --
Diaz Javier $117,000 Chicago Title Insurance Co
Cribb Jacque W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Osvaldo $40,146
Open Vazquez Osvaldo $260,200
Previous Owner 424 Lawn Llc $89,201
Previous Owner 424 Lawn Llc $100,000
Previous Owner Carias Marcos $180,500
Previous Owner Koger Bruce P $136,000
Previous Owner Martinez Jeremias $161,212
Previous Owner Martinez Jeremias $149,949
Previous Owner Mendez Jeronimo $61,600
Previous Owner Diaz Javier $116,002
Previous Owner Cribb Jacque W $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $265,000 +6.0% $129 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $249,900 -- $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 $6,712 $87,868 $10,379 $77,489
2023 $6,873 $79,178 $9,293 $69,885
2022 $6,873 $70,302 $8,839 $61,463
2021 $6,882 $66,009 $7,885 $58,124
2020 $6,971 $61,495 $7,346 $54,149
2019 $7,015 $56,350 $6,731 $49,619
2018 $7,603 $58,804 $8,573 $50,231
2017 $7,400 $52,025 $7,585 $44,440
2016 $6,986 $45,208 $6,591 $38,617
2015 $6,835 $40,462 $5,899 $34,563
2014 $3,580 $21,157 $4,141 $17,016
2012 $4,436 $22,922 $4,487 $18,435
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11618633

Midwest Real Estate Data (MRED)

APN: 08-21-209-015