Seller's Agent in 2023
Stewart Ramirez
E- Signature Realty
(773) 988-1710
1 in this area
333 Total Sales
506 N Elmwood Ave Waukegan, IL 60085
Lorraine Terrace NeighborhoodEstimated Value: $256,000 - $289,156
3
Beds
1.5
Baths
1,437
Sq Ft
$190/Sq Ft
Est. Value
Highlights
- Landscaped Professionally
- Tudor Architecture
- Play Room
- Wood Flooring
- Whirlpool Bathtub
- Den
About This Home
As of May 20231935 was a year that was jam-packed with excitement! Beer came out in a can, the first technicolor Mickey Mouse short film was released, President Roosevelt signed the Social Security Act, Amelia Earhart flew solo across the Pacific, AND... this adorable Waukegan home was built! Here's your opportunity to own this charmingly vintage brick tudor, lovingly updated with all of the amenities of today! You'll adore the stunning curb appeal featuring a lush landscape of vibrant flowers and mature shrubbery, leading you up the custom paver path and into this incredible home! Once inside, take note of all of the original details such as rich hardwood floors, crown molding, arched entryways, and a romantic wood burning fireplace just perfect for chilly winter nights! There have been plenty of updates as well, including NEW WINDOWS throughout, fresh paint, refinished hardwood floors, new storm doors, custom fixtures, and an AMAZING gourmet Kitchen that will impress even the pickiest of household chefs- Oversized cabinets, trendy colors, stainless steel appliances, steel farmhouse sink, stone backsplash, and so much more! The bathrooms have also been updated (check out the awesome jacuzzi bathtub in the main bathroom and the fully remodeled powder room with new everything!), along with the convenient den/ office with built-in bookshelves and custom barn door entry. You'll be impressed with the spacious room sizes, extra windows for tons of natural light, plenty of closets and storage, full basement with laundry area- The list of things to love goes on and on! Once outside, don't forget to look at the beautifully manicured backyard with firepit, and the 2 car garage offering space for all of your toys! All perfectly located on a quiet street just minutes from schools, shopping, dining, major roads, and bustling downtown Waukegan. This is THE ONE, so make your appointment now as it won't last long!
Last Agent to Sell the Property
E- Signature Realty License #471020107 Listed on: 03/29/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,798
Year Built
- Built in 1935 | Remodeled in 2019
Lot Details
- 7,349 Sq Ft Lot
- Lot Dimensions are 50x147
- Fenced Yard
- Partially Fenced Property
- Landscaped Professionally
Parking
- 2.5 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Tudor Architecture
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,437 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Double Pane Windows
- Tilt-In Windows
- Window Screens
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Den
- Play Room
- Workshop
- Storage Room
- Utility Room with Study Area
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Pull Down Stairs to Attic
- Carbon Monoxide Detectors
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Whirlpool Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
- Laundry Chute
Utilities
- No Cooling
- Radiator
- Heating System Uses Steam
- 100 Amp Service
- Lake Michigan Water
- Cable TV Available
Community Details
- Lorraine Terrace Subdivision, Tudor Floorplan
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2023
Closed on
Apr 27, 2023
Sold by
Brockman Justin and Brockman Alaine Marie
Bought by
Wolford James and Caraballo Gipndra Marie
Seller's Agent
Stewart Ramirez
E- Signature Realty
Buyer's Agent
Brenda Newman-Lawler
RE/MAX Plaza
List Price
$225,000
Sold Price
$245,000
Premium/Discount to List
$20,000
8.89%
Views
119
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,539
Avg. Annual Appreciation
3.14%
Original Mortgage
$10,000
Outstanding Balance
$9,775
Interest Rate
6.39%
Estimated Equity
$252,734
Purchase Details
Listed on
Jul 16, 2018
Closed on
Aug 23, 2018
Sold by
Colver Pamela
Bought by
Brockmann Justin and Brockmann Alaine Marie Brockmann
Seller's Agent
Donna Johnson
Key Realty Group
Buyer's Agent
Terrence Muse
RE/MAX Vision 212
List Price
$129,900
Sold Price
$129,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.36%
Original Mortgage
$127,546
Interest Rate
4.75%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 8, 2017
Sold by
Colver Michael and Robert A Thompson Trust
Bought by
Colver Pamela
Purchase Details
Closed on
Nov 3, 2010
Sold by
Thompson Robert A and Thompson Robert A
Bought by
Thompson Robert A and Robert A Thompson Trust
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wolford James | $245,000 | None Listed On Document | |
| Brockmann Justin | $129,900 | Fidelity National Title | |
| Colver Pamela | -- | None Available | |
| Thompson Robert A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wolford James | $10,000 | |
| Open | Wolford James | $240,562 | |
| Previous Owner | Brockmann Justin | $121,066 | |
| Previous Owner | Brockmann Justin | $127,546 | |
| Previous Owner | Thompson Robert A | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2023 05/26/23 | Sold | $245,000 | 0.0% | $170 / Sq Ft |
| 04/03/2023 04/03/23 | Pending | -- | -- | -- |
| 04/03/2023 04/03/23 | Off Market | $245,000 | -- | -- |
| 03/29/2023 03/29/23 | For Sale | $225,000 | +73.2% | $157 / Sq Ft |
| 09/04/2018 09/04/18 | Sold | $129,900 | 0.0% | $85 / Sq Ft |
| 07/31/2018 07/31/18 | Pending | -- | -- | -- |
| 07/16/2018 07/16/18 | For Sale | $129,900 | -- | $85 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,299 | $59,857 | $11,356 | $48,501 |
| 2023 | $4,012 | $53,590 | $10,167 | $43,423 |
| 2022 | $4,012 | $47,037 | $9,268 | $37,769 |
| 2021 | $3,798 | $42,431 | $8,729 | $33,702 |
| 2020 | $3,801 | $39,529 | $8,132 | $31,397 |
| 2019 | $3,772 | $36,222 | $7,452 | $28,770 |
| 2018 | $2,211 | $32,939 | $8,788 | $24,151 |
| 2017 | $3,317 | $29,142 | $7,775 | $21,367 |
| 2016 | $2,986 | $25,323 | $6,756 | $18,567 |
| 2015 | $2,815 | $22,665 | $6,047 | $16,618 |
| 2014 | $3,020 | $23,389 | $4,887 | $18,502 |
| 2012 | $3,963 | $25,339 | $5,294 | $20,045 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Brenda Newman-Lawler
RE/MAX Plaza
(847) 668-3121
1 in this area
297 Total Sales
-
Seller's Agent in 2018
Donna Johnson
Key Realty Group
(847) 682-2381
9 Total Sales
-
T
Buyer's Agent in 2018
Terrence Muse
RE/MAX
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11741106
APN: 08-20-210-010
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