NOT LISTED FOR SALE

449 North Ave Waukegan, IL 60085

Estimated Value: $222,000 - $328,591

3 Beds
4 Baths
2,148 Sq Ft
$130/Sq Ft Est. Value

Last Sold March 14, 2019

Last sale price $88,725 $41 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $2,185/month

8 Days on Market

About This Home

As of March 2019

Brick federal style home on a corner lot in the historic district. Property is a legal two flat currently being used as a single family home. Property is being sold as-is. Seller makes no warranties expressed or implied. Seller is exempt from disclosures and will not provide termite or survey. Taxes prorated at 100%. Buyer is responsible for all inspection(s) and or repair(s). Buyer's pre-qualification and / or Proof of Funds must accompany all offers. Property is listed as a two unit property in tax records and may be de-converted to use as a single family home.

Last Agent to Sell the Property

Bill Knapp

Lake Shore Drive Realty, Inc. License #471012126 Listed on: 02/03/2019

Last Buyer's Agent

Jay Mendes

ASB Brokerage & Dev. License #475156725

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 78 x 132

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ 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: 4
  • Total Bedrooms: 3
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 86500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • 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: 0.25
  • Lot Dimensions: 78 X 132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5503.87
  • Tax Year: 2017

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
Feb 3, 2019
Closed on
Feb 25, 2019
Sold by
Bank Of New York Mellon
Bought by
R O J Global Llc
Seller's Agent
Bill Knapp
Lake Shore Drive Realty, Inc.
Buyer's Agent
Jay Mendes
ASB Brokerage & Dev.
List Price
$86,500
Sold Price
$88,725
Premium/Discount to List
$2,225
2.57%
Current Estimated Value
$279,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,673
Avg. Annual Appreciation
19.04%

Purchase Details

Closed on
Oct 26, 2017
Sold by
Beeler David A and Wells Fargo Bank Na
Bought by
The Bank Of New York Mellon and The Cwalt Inc Alternative Loan Trust

Purchase Details

Closed on
Oct 6, 2006
Sold by
Holtgreive Joseph J and Holtgreive Suzzanne
Bought by
Beeler David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,200
Interest Rate
6.45%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 1999
Sold by
Sebesta Steven M and Sebesta Shelley A
Bought by
Holtgreive Joseph J and Holtgreive Suzzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,050
Interest Rate
7.68%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 1994
Sold by
Sheets Walter F and Sheets Arla
Bought by
Sebesta Steven M and Sebesta Shelley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,316
Interest Rate
7.88%
Mortgage Type
Commercial
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
R O J Global Llc $89,000 Chicago Title
The Bank Of New York Mellon -- None Available
Beeler David A $264,000 None Available
Holtgreive Joseph J $179,000 World Title
Sebesta Steven M $85,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beeler David A $211,200
Previous Owner Holtgreive Joseph J $170,050
Previous Owner Sebesta Steven M $87,316
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2019 03/14/19 Sold $88,725 +2.6% $41 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
02/11/2019 02/11/19 Price Changed $86,500 0.0% $40 / Sq Ft
02/03/2019 02/03/19 For Sale $86,500 -- $40 / 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 $8,372 $98,542 $13,462 $85,080
2023 $3,416 $88,783 $12,053 $76,730
2022 $3,416 $34,946 $10,974 $23,972
2021 $3,612 $34,641 $10,878 $23,763
2020 $3,658 $32,272 $10,134 $22,138
2019 $3,682 $29,572 $9,286 $20,286
2018 $6,104 $50,516 $11,831 $38,685
2017 $5,504 $44,692 $10,467 $34,225
2016 $5,074 $38,835 $9,095 $29,740
2015 $4,858 $34,758 $8,140 $26,618
2014 $4,593 $32,685 $6,377 $26,308
2012 $5,912 $35,410 $6,909 $28,501
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10262832

Midwest Real Estate Data (MRED)

APN: 08-21-209-001