NOT LISTED FOR SALE

514 S Ml King jr Ave Waukegan, IL 60085

Estimated Value: $161,000 - $201,000

4 Beds
2 Baths
1,231 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 30, 2013

Last sale price $73,518 $60 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,349/month

9 Days on Market

About This Home

As of July 2013

MOVE RIGHT IN and start living! Remodeled & Adorable 4 bedroom, 2 bath home with garage. Just 1 block from Roosevelt Park and a short walk to Lake Michigan! Formal dining room. New appliances included. Charming front porch, mature trees & landscaping adds to the beauty & price. Convenient to Sheridan Rd and Great Lakes Naval Base. Not a SS or F....QUICK CLOSING AND POSSESSION WELCOMED!

Last Agent to Sell the Property

Susan James

@properties Christie's International Real Estate License #471007926 Listed on: 05/15/2013

@properties Christie's International Real Estate

Last Buyer's Agent

Candy Hill

Fulton Grace Realty License #475140853

Fulton Grace Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,941

Year Built

  • 1928

Lot Details

  • 2,178

Parking

  • Side Driveway
  • Off Alley Driveway
  • Gravel Driveway

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

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

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Utilities

  • No Cooling

Property Details

Home Type

Other

Est. Annual Taxes

$3,941

Year Built

1928

Lot Details

0

Parking

1

Interior Features

  • Total # Of Rooms: 7
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Attic: Unfinished
  • Basement: Full
  • Basement: Unfinished
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X11
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 11X11
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 11X10
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 10X9
  • Fourth Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 12X11
  • Living Room Flooring: Carpet
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 11X11
  • Dining Room Flooring: Carpet
  • Kitchen Type: Pantry-Walk-in
  • Kitchen Level: Main Level
  • Kitchen Size: 11X10
  • Kitchen Flooring: Vinyl

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 1
  • Parking Type: Garage
  • Driveway: Gravel, Off Alley, Side Drive

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: None
  • Water: Public
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 30 X 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2013
Closed on
Jul 30, 2013
Sold by
Seija Yunis Jose and Seija Irina
Bought by
Barela Larry and Barela Rose
Seller's Agent
Susan James
@properties Christie's International Real Estate
Buyer's Agent
Candy Hill
Fulton Grace Realty
List Price
$72,513
Sold Price
$73,518
Premium/Discount to List
$1,005
1.39%
Total Days on Market
9
Current Estimated Value
$182,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,133
Avg. Annual Appreciation
7.76%
Original Mortgage
$72,185
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 2011
Sold by
Chase Matthew
Bought by
Seija Yunis Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,352
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2010
Sold by
Visio Reo Ii Limited Partnership
Bought by
Chase Matthew

Purchase Details

Closed on
Dec 23, 2009
Sold by
Res Distressed Asset Fund Ix Llc
Bought by
Visio Reo Ii Limited Partnership

Purchase Details

Closed on
Jul 21, 2009
Sold by
American Home Mortgage Servicing Inc
Bought by
Res Distressed Asset Fund Ix Llc

Purchase Details

Closed on
Dec 22, 2006
Sold by
Serra Dennis and American Home Mortgage Servici
Bought by
American Home Mortgage Servicing Inc

Purchase Details

Closed on
Mar 3, 2005
Sold by
Khoury Kareem
Bought by
Serra Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 31, 2003
Sold by
Joseph Prince and Joseph Elizabeth
Bought by
Khoury Kareem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2001
Sold by
Westfield Ralph G
Bought by
Joseph Prince and Joseph Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
7.03%

Purchase Details

Closed on
Sep 29, 1998
Sold by
Pitts Fredrick and Narvaez Dana
Bought by
Westfield Ralph G

Purchase Details

Closed on
Sep 19, 1997
Sold by
Triplett Lillie
Bought by
Westfield Ralph G
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
Barela Larry $74,000 Chicago Title Insurance Comp
Seija Yunis Jose $65,000 Baird & Warner Title Service
Chase Matthew -- None Available
Visio Reo Ii Limited Partnership $7,900 Madison Title Agency Llc
Res Distressed Asset Fund Ix Llc $7,500 None Available
American Home Mortgage Servicing Inc -- None Available
Serra Dennis $114,000 Multiple
Khoury Kareem $107,000 Matc
Joseph Prince $61,000 --
Westfield Ralph G -- --
Westfield Ralph G $16,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barela Larry $5,255
Closed Barela Larry $2,501
Open Barela Larry $79,568
Closed Barela Larry $72,185
Previous Owner Seija Yunis Jose $63,352
Previous Owner Serra Dennis $79,800
Previous Owner Khoury Kareem $101,600
Previous Owner Joseph Prince $48,800
Previous Owner Westfield Ralph G $35,000
Closed Serra Dennis $28,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2013 07/30/13 Sold $73,518 +1.4% $60 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $72,513 -- $59 / 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 $3,941 $55,622 $3,623 $51,999
2023 $3,292 $49,798 $3,244 $46,554
2022 $3,292 $39,678 $2,525 $37,153
2021 $2,919 $33,996 $2,198 $31,798
2020 $2,615 $29,073 $2,052 $27,021
2019 $2,580 $26,640 $1,880 $24,760
2018 $1,519 $18,127 $2,654 $15,473
2017 $1,428 $16,037 $2,348 $13,689
2016 $2,149 $19,908 $2,915 $16,993
2015 $1,022 $12,049 $2,609 $9,440
2014 $1,856 $16,510 $1,791 $14,719
2012 $1,828 $17,887 $1,941 $15,946
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08343380

Midwest Real Estate Data (MRED)

APN: 08-28-221-035