NOT LISTED FOR SALE

513 N County St Waukegan, IL 60085

Estimated Value: $280,000 - $317,000

4 Beds
3 Baths
2,478 Sq Ft
$120/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $75,000 $30 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $2,155/month

17 Days on Market

Highlights

  • Fenced Yard
  • Two Heating Systems
  • Paved or Partially Paved Lot
  • 2 Car Detached Garage

About This Home

As of April 2014

Newly rehabbed with fresh paint and many details attended to. This two unit is ready for you or your tenants. The 1st and 2nd floor units have 2 bedrooms and 1 bathroom. Separate utilities for both units. The full basement, accessible from a seperate back entrance, is fully finished with 4 rooms. Lots of room for parking and a two car garage. At this price, grow your immediate cash cow today!

Last Agent to Sell the Property

Gary Stittgen

@properties Listed on: 01/29/2014

@properties

Last Buyer's Agent

Marco Montoya

Midwest America Realty, Inc. License #475143648

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Two Heating Systems
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Other Equipment: TV-Cable, Sump Pump
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Block, Brick/Mortar
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50 X 100
  • Zoning: SINGL
  • 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: 5928.97
  • Tax Year: 2012
  • Tax Exemptions: None

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
Jan 29, 2014
Closed on
Apr 11, 2014
Sold by
Bank Of New York Mellon
Bought by
Puerto Marco A
Seller's Agent
Gary Stittgen
@properties
Buyer's Agent
Marco Montoya
Midwest America Realty, Inc.
List Price
$67,500
Sold Price
$75,000
Premium/Discount to List
$7,500
11.11%
Current Estimated Value
$297,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,090
Avg. Annual Appreciation
12.58%
Original Mortgage
$73,641
Outstanding Balance
$56,316
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$240,774

Purchase Details

Closed on
Aug 15, 2013
Sold by
Alvarez Maria
Bought by
Bank Of New York Mellon and Structured Asset Mortgage Investments Ii

Purchase Details

Closed on
Oct 2, 2000
Sold by
Forever Construction Inc
Bought by
Delgado Carmelo and Alvarez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
8.03%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2000
Sold by
Hud
Bought by
Forever Construction

Purchase Details

Closed on
Oct 25, 1996
Sold by
Garcia Teodoro and Garcia Sonia
Bought by
Flores Raul and Ceniceros Jesus B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,788
Interest Rate
8.32%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 1995
Sold by
Vasquez Bernardo and Vasquez Sylvia
Bought by
Garcia Teodoro and Garcia Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,620
Interest Rate
8.42%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Puerto Marco A $75,000 Attorneys Title Guaranty Fun
Bank Of New York Mellon -- None Available
Delgado Carmelo $166,000 --
Forever Construction -- Stewart Title Company
Flores Raul $138,000 --
Garcia Teodoro $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puerto Marco A $73,641
Previous Owner Delgado Carmelo $86,000
Previous Owner Flores Raul $135,788
Previous Owner Garcia Teodoro $123,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2014 04/11/14 Sold $75,000 +11.1% $30 / Sq Ft
02/15/2014 02/15/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $67,500 -- $27 / 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 $7,071 $83,216 $8,771 $74,445
2023 $4,244 $74,992 $7,853 $67,139
2022 $4,244 $43,416 $7,470 $35,946
2021 $4,477 $42,942 $7,328 $35,614
2020 $4,535 $40,006 $6,827 $33,179
2019 $4,564 $36,659 $6,256 $30,403
2018 $6,017 $46,538 $7,970 $38,568
2017 $5,857 $41,173 $7,051 $34,122
2016 $5,529 $35,778 $6,127 $29,651
2015 $4,396 $32,022 $5,484 $26,538
2014 $4,784 $28,278 $3,909 $24,369
2012 $5,929 $30,637 $4,236 $26,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08526041

Midwest Real Estate Data (MRED)

APN: 08-21-207-018