NOT LISTED FOR SALE

512 Center St Waukegan, IL 60085

Estimated Value: $218,000 - $246,000

5 Beds
2 Baths
1,596 Sq Ft
$149/Sq Ft Est. Value

Last Sold February 01, 2013

Last sale price $32,500 $20 Per Sq Ft

Est. 630% increase in value since last sale

Current estimated payment $1,658/month

49 Days on Market

About This Home

As of February 2013

Bank Approved Short Sale. This North Waukegan home is a great opportunity for 1st time buyer with rehabber skills or an investor. Needs TLC, however you will not be limited on space with this five bedroom home.

Last Agent to Sell the Property

Shirley Faucett

Baird & Warner License #475138652 Listed on: 11/10/2012

Baird & Warner

Last Buyer's Agent

Shirley Faucett

Baird & Warner License #475138652 Listed on: 11/10/2012

Baird & Warner

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,800

Year Built

  • 1901

Lot Details

  • 5,793

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas

Property Details

Home Type

Other

Est. Annual Taxes

$4,800

Year Built

1901

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Type Detached: 2 Stories
  • Special Features: 12
  • Year Built: 1901

Interior Features

  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Number Of Rooms: 8
  • Equipment: CO Detectors
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 14X14
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X11
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 15X14
  • Fourth Bedroom Level: Main Level
  • Fourth Bedroom Size: 09X08
  • Living Room Level: Main Level
  • Living Room Size: 23X14
  • Living Room Flooring: Carpet
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 11X15
  • Dining Room Flooring: Carpet
  • Kitchen Level: Main Level
  • Kitchen Size: 12X10
  • Kitchen Flooring: Vinyl
  • Additional Rooms: 5th Bedroom
  • Additional Room 1 Name: 5th Bdrm
  • Additional Room 1 Level: 2nd Level
  • Additional Room 1 Size: 11X15
  • Additional Room 1 Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 51X108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2015
Sold by
Jaime Tapia Maria
Bought by
Limon Miguel and Limon Ofelia
Current Estimated Value
$237,384

Purchase Details

Listed on
Nov 10, 2012
Closed on
Jan 30, 2013
Sold by
Venable Leon and Houston Walter
Bought by
Jaime Tapia Maria
Seller's Agent
Shirley Faucett
Baird & Warner
Buyer's Agent
Shirley Faucett
Baird & Warner
List Price
$40,500
Sold Price
$32,500
Premium/Discount to List
-$8,000
-19.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.86%

Purchase Details

Closed on
Jan 11, 2006
Sold by
Norstates Bank
Bought by
Venable Leon and Houston Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,200
Interest Rate
10.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 26, 2002
Sold by
Williams Bertel and Moore Evonne
Bought by
Allwardt Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2002
Sold by
Washington Mutual Bank Fa
Bought by
Allwardt Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2002
Sold by
Latham
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Jan 27, 2000
Sold by
Lake County Community Action Project
Bought by
Latham Charles and Latham Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
12.36%

Purchase Details

Closed on
Oct 21, 1994
Sold by
Hud
Bought by
Lake County Community Action Project

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,826
Interest Rate
8.91%
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
Limon Miguel -- None Available
Jaime Tapia Maria $32,500 None Available
Venable Leon -- None Available
Allwardt Mary -- --
Bank Of Waukegan $115,000 --
Allwardt Mary $100,000 First American Title
Washington Mutual Bank Fa -- Wheatland Title
Latham Charles -- Ticor Title Insurance Compan
Lake County Community Action Project -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bank Of Waukegan $664,000
Previous Owner Allwardt Mary $80,000
Previous Owner Latham Charles $93,600
Previous Owner Lake County Community Action Project $42,826
Closed Latham Charles $17,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2013 02/01/13 Sold $32,500 -5.8% $20 / Sq Ft
12/29/2012 12/29/12 Pending -- -- --
12/08/2012 12/08/12 Price Changed $34,500 -8.0% $22 / Sq Ft
12/04/2012 12/04/12 Price Changed $37,500 -7.4% $23 / Sq Ft
11/28/2012 11/28/12 For Sale $40,500 +24.6% $25 / Sq Ft
11/19/2012 11/19/12 Off Market $32,500 -- --
11/10/2012 11/10/12 For Sale $40,500 -- $25 / 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 $4,800 $65,364 $7,549 $57,815
2023 $3,734 $58,900 $6,759 $52,141
2022 $3,734 $44,194 $6,429 $37,765
2021 $3,350 $38,132 $5,735 $32,397
2020 $3,347 $35,525 $5,343 $30,182
2019 $3,316 $32,553 $4,896 $27,657
2018 $3,512 $32,458 $6,236 $26,222
2017 $3,256 $28,716 $5,517 $23,199
2016 $2,929 $24,953 $4,794 $20,159
2015 $2,759 $22,334 $4,291 $18,043
2014 $1,479 $9,997 $4,063 $5,934
2012 $4,539 $23,457 $4,402 $19,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08217985

Midwest Real Estate Data (MRED)

APN: 08-16-333-028