NOT LISTED FOR SALE

Estimated Value: $204,000 - $238,846

5 Beds
2 Baths
1,901 Sq Ft
$119/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $45,000 $24 Per Sq Ft

Est. 402% increase in value since last sale

Current estimated payment $1,570/month

178 Days on Market

About This Home

As of February 2015

Newly Rehabbed Cash Flowing 2 unit right by Waukegan High School. Live in one unit and rent the other or hold as a great rental property! Agent Owned

Last Agent to Sell the Property

Adam Taylor

PRS Realty LLC License #471005936 Listed on: 06/10/2014

Co-Listed By

Jeff Frost

The Horvay Group LLC License #475133873

Last Buyer's Agent

Zheng Wang

Lywant Realty Inc. License #471010599

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,797

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 44000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking Features: None
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Dimensions: 8663
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2810.57
  • Tax Year: 2013

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
Jun 10, 2014
Closed on
Feb 20, 2015
Sold by
Providence Bank & Trust
Bought by
Iwau Holding Lp
Seller's Agent
Adam Taylor
PRS Realty LLC
Buyer's Agent
Zheng Wang
Lywant Realty Inc.
List Price
$79,900
Sold Price
$45,000
Premium/Discount to List
-$34,900
-43.68%
Current Estimated Value
$225,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,962
Avg. Annual Appreciation
16.92%

Purchase Details

Closed on
Nov 13, 2014
Sold by
Mt Homes Llc Series B
Bought by
Providence Bank & Trust

Purchase Details

Closed on
Jul 27, 2010
Sold by
Wells Fargo Bank National Association
Bought by
Mt Homes Llc Series B

Purchase Details

Closed on
Mar 11, 2010
Sold by
Vazquez Hernestino
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Jun 6, 2005
Sold by
Navarrete Luis T and Navarrete Luisa T
Bought by
Vazquez Hernestino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,120
Interest Rate
7.5%
Mortgage Type
Unknown
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
Iwau Holding Lp $45,000 Fidelity National Title
Providence Bank & Trust -- None Available
Mt Homes Llc Series B $37,500 Fidelity National Title
Wells Fargo Bank National Association -- None Available
Vazquez Hernestino $159,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iwau Holding Lp $193,000
Previous Owner Mt Homes Llc $322,500
Previous Owner Mt Homes Llc $2,000,000
Previous Owner Vazquez Hernestino $127,120
Previous Owner Vazquez Hernestino $31,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $45,000 +2.3% $24 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
11/22/2014 11/22/14 Price Changed $44,000 -25.4% $23 / Sq Ft
11/12/2014 11/12/14 Price Changed $59,000 -13.2% $31 / Sq Ft
11/03/2014 11/03/14 Price Changed $68,000 -9.2% $36 / Sq Ft
09/18/2014 09/18/14 Price Changed $74,900 -6.3% $39 / Sq Ft
06/10/2014 06/10/14 For Sale $79,900 -- $42 / 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 $3,997 $49,006 $12,019 $36,987
2023 $3,997 $42,387 $9,864 $32,523
2022 $4,286 $43,843 $8,532 $35,311
2021 $3,909 $37,495 $7,323 $30,172
2020 $3,960 $34,931 $6,822 $28,109
2019 $3,985 $32,008 $6,251 $25,757
2018 $3,067 $23,723 $7,078 $16,645
2017 $2,986 $20,988 $6,262 $14,726
2016 $2,818 $18,237 $5,441 $12,796
2015 $2,757 $16,323 $4,870 $11,453
2014 $2,811 $23,156 $4,523 $18,633
2012 $3,746 $21,500 $4,900 $16,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08640529

Midwest Real Estate Data (MRED)

APN: 08-21-304-009