NOT LISTED FOR SALE

43 N Elmwood Ave Waukegan, IL 60085

Estimated Value: $195,591 - $214,000

2 Beds
1 Bath
925 Sq Ft
$224/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $75,000 $81 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $1,368/month

32 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Bungalow
  • Formal Dining Room
  • Porch
  • Bathroom on Main Level

About This Home

As of March 2016

Exceptionally maintained 2 bedroom bungalow in the middle of town. Up-dated kitchen and bath. Full finished basement with a large family room. Detached 2 car garage. Concrete Driveway. Close to everything.

Last Agent to Sell the Property

Mike Culat

Compass License #471007055 Listed on: 01/09/2016

Compass

Co-Listed By

Janis Culat

RE/MAX Advantage Realty

Last Buyer's Agent

Silvia Garcia

Fulton Grace Realty License #475150165

Fulton Grace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,102

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x116

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Driveway
  • Parking Included in Price

Home Design

  • Bungalow
  • Concrete Perimeter Foundation

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Unfinished Attic
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • Washington Manor Subdivision, Ranch Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,102

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Washington Manor
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 925
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Attic: Unfinished

Exterior Features

  • DirectionFaces: West
  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 80000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 (Window/Wall Unit)
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 60

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50X116
  • 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: 3102
  • Tax Year: 2014
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2016
Closed on
Mar 24, 2016
Sold by
Ochoa Daniel
Bought by
Castrejon Clara E Heredia
Seller's Agent
Mike Culat
Compass
Buyer's Agent
Silvia Garcia
Fulton Grace Realty
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Current Estimated Value
$207,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,148
Avg. Annual Appreciation
11.22%
Original Mortgage
$73,641
Outstanding Balance
$59,485
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$146,017

Purchase Details

Closed on
Jan 30, 2008
Sold by
Homecomings Financial Llc
Bought by
Ochoa Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,810
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2007
Sold by
Fernandez
Bought by
Homecomings Financial Llc and Homecomings Financial Network Inc

Purchase Details

Closed on
Jan 20, 2006
Sold by
Fernandez Enrique
Bought by
Fernandez Maribelia and Fernandez Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2005
Sold by
Setteducate Michael
Bought by
Fernandez Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2001
Sold by
Myers Jo Ellen and Crowley Linda
Bought by
Setteducate Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,100
Interest Rate
7.14%

Purchase Details

Closed on
Mar 31, 2001
Sold by
Federal National Mortgage Association
Bought by
Principal Mutual Life Insurance Company and Principal Life Insurace Co

Purchase Details

Closed on
Jan 8, 2001
Sold by
Washburn
Bought by
Fannie Mae
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
Castrejon Clara E Heredia $75,000 Chicago Title Insurance Co
Ochoa Daniel $77,000 First American Title
Homecomings Financial Llc -- None Available
Fernandez Maribelia -- None Available
Fernandez Enrique $137,000 --
Setteducate Michael $79,000 First American Title
Principal Mutual Life Insurance Company -- First American Title
Fannie Mae -- Wheatland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castrejon Clara E Heredia $30,000
Open Castrejon Clara E Heredia $73,641
Previous Owner Ochoa Daniel $75,810
Previous Owner Fernandez Maribelia $124,000
Previous Owner Fernandez Enrique $109,600
Previous Owner Setteducate Michael $88,000
Previous Owner Setteducate Michael $83,200
Previous Owner Setteducate Michael $71,100
Closed Fernandez Enrique $27,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $75,000 -6.3% $81 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
01/09/2016 01/09/16 For Sale $80,000 -- $86 / 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 $3,282 $47,809 $9,215 $38,594
2023 $2,999 $42,804 $8,250 $34,554
2022 $2,999 $36,673 $7,520 $29,153
2021 $2,723 $32,117 $7,082 $25,035
2020 $2,712 $29,921 $6,598 $23,323
2019 $2,676 $27,418 $6,046 $21,372
2018 $2,251 $23,788 $7,133 $16,655
2017 $2,140 $21,046 $6,311 $14,735
2016 $2,826 $18,288 $5,484 $12,804
2015 $2,765 $16,368 $4,908 $11,460
2014 $3,100 $18,323 $5,111 $13,212
2012 $3,842 $19,852 $5,538 $14,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09113368

Midwest Real Estate Data (MRED)

APN: 08-20-407-010