NOT LISTED FOR SALE

523 North Ave Waukegan, IL 60085

Estimated Value: $159,000 - $235,429

3 Beds
3 Baths
1,368 Sq Ft
$142/Sq Ft Est. Value

Last Sold February 27, 2014

Last sale price $34,000 $25 Per Sq Ft

Est. 471% increase in value since last sale

Current estimated payment $1,394/month

8 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Ceiling Fan
  • 2 Car Detached Garage

About This Home

As of February 2014

Opportunity to Own 2-Unit! Unit 1 with 2 bedrooms, 2 bathrooms & partially-finished basement. Unit 2 with 1 bedroom & 1 bathroom. 2-car detached garage. Property needs work, but priced accordingly. Sold As Is. Home Warranty incntv available to own occ. 100% tax prorations. No survey. Include copy of certEM funds & POF w/offer. Contract & Addn on MRED. Eligible under the Freddie Mac First Look Initiative thru 03/02/14

Last Agent to Sell the Property

Craig Stein

Baird & Warner License #475109228 Listed on: 02/11/2014

Baird & Warner

Last Buyer's Agent

Hersain Rodriguez

Baird & Warner

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.26

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Duplex
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Lot Dimensions are 66x165

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

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: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 33900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Dimensions: 66X165
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3909.45
  • Tax Year: 2012
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2014
Closed on
Feb 26, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Medina Elisama
Seller's Agent
Craig Stein
Baird & Warner
Buyer's Agent
Hersain Rodriguez
Baird & Warner
List Price
$33,900
Sold Price
$34,000
Premium/Discount to List
$100
0.29%
Current Estimated Value
$194,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,107
Avg. Annual Appreciation
15.72%

Purchase Details

Closed on
Nov 14, 2013
Sold by
Snap Eric S
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 11, 1999
Sold by
Dale John D
Bought by
Snap Eric S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Medina Elisama $34,000 Premier Title
Federal Home Loan Mortgage Corporation -- Premier Title
Snap Eric S $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Snap Eric S $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2014 02/27/14 Sold $34,000 +0.3% $25 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $33,900 -- $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 $4,032 $56,385 $13,527 $42,858
2023 $4,670 $50,763 $12,111 $38,652
2022 $4,670 $53,765 $12,363 $41,402
2021 $4,227 $46,543 $11,027 $35,516
2020 $4,235 $43,360 $10,273 $33,087
2019 $4,210 $39,733 $9,414 $30,319
2018 $1,320 $16,468 $11,992 $4,476
2017 $1,153 $14,570 $10,610 $3,960
2016 $967 $12,661 $9,220 $3,441
2015 $840 $26,161 $8,252 $17,909
2014 $3,154 $18,645 $4,681 $13,964
2012 $3,909 $20,200 $5,071 $15,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08535076

Midwest Real Estate Data (MRED)

APN: 08-21-206-020