NOT LISTED FOR SALE

524 N Frolic Ave Waukegan, IL 60085

Estimated Value: $326,123 - $432,000

5 Beds
2 Baths
2,000 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 03, 2015

Last sale price $175,000 $88 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,578/month

35 Days on Market

Highlights

  • Living Room with Fireplace
  • 2.5 Car Attached Garage
  • Dining Room
  • Corner Lot
  • Central Air
  • 4-minute walk to Hinkston Park

About This Home

As of June 2015

Beautifully renovated two story on 1/2 acre fenced yard Gleaming hardwood floors throughout. LR with wood burning lannon stone fireplace. Formal dining room. All new kitchen - ceramic tile floors, new cabinets and granite counter top. New stainless steel appliances. 2 large all new bathrooms - double sink, tub and separate shower, ceramic floors. 5 large bedrooms with hardwood floors Finished basement has fp.

Last Agent to Sell the Property

Terrence Muse

RE/MAX Vision 212 License #475144929 Listed on: 03/11/2015

RE/MAX Vision 212

Last Buyer's Agent

Terrence Muse

RE/MAX Vision 212 License #475144929 Listed on: 03/11/2015

RE/MAX Vision 212

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,657

Year Built

  • Built in 1953

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 140x120
  • Corner Lot

Parking

  • 2.5 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,657

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1953
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Interior Amenities: First Floor Laundry
  • LivingArea: 2000
  • Room Type: Bedroom 5
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room,Basement

Exterior Features

  • List Price: 189900
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 0.4
  • Lot Dimensions: 140X120
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4657
  • Tax Year: 2013
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2015
Closed on
Jun 2, 2015
Sold by
Vmalhotra Enterprise Inc
Bought by
Castrejon Jesus and Rodriguez Andres
Seller's Agent
Terrence Muse
RE/MAX Vision 212
Buyer's Agent
Terrence Muse
RE/MAX Vision 212
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Current Estimated Value
$371,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,531
Avg. Annual Appreciation
7.59%
Original Mortgage
$158,475
Outstanding Balance
$123,092
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$249,343

Purchase Details

Listed on
Sep 17, 2014
Closed on
Nov 18, 2014
Sold by
Phh Mortgage Corporation A Corporation
Bought by
Vmalhotra Enterprise Inc
Seller's Agent
Naomi Campbell
Coldwell Banker Realty
Buyer's Agent
Terrence Muse
RE/MAX Vision 212
List Price
$68,250
Sold Price
$78,000
Premium/Discount to List
$9,750
14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
373.03%

Purchase Details

Listed on
Sep 17, 2014
Closed on
Nov 4, 2014
Sold by
Morales Hector and Case #13 Ch 2438
Bought by
Phh Mortgage Corporation
Seller's Agent
Naomi Campbell
Coldwell Banker Realty
Buyer's Agent
Terrence Muse
RE/MAX Vision 212
List Price
$68,250
Sold Price
$78,000
Premium/Discount to List
$9,750
14.29%

Purchase Details

Closed on
Nov 18, 2002
Sold by
Kniazky Barbara and Barbara Kniazly Trust #524
Bought by
Morales Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,688
Interest Rate
6.23%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 1996
Sold by
Kniazky Barbara
Bought by
Kniazky Barbara
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
Castrejon Jesus $175,000 Fidelity National Title
Vmalhotra Enterprise Inc $78,000 First American Title
Phh Mortgage Corporation $160,167 None Available
Morales Hector $166,000 --
Kniazky Barbara -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castrejon Jesus $158,475
Previous Owner Morales Hector $163,688
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2015 06/03/15 Sold $175,000 -7.8% $88 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $189,900 +143.5% $95 / Sq Ft
11/25/2014 11/25/14 Sold $78,000 +14.3% $45 / Sq Ft
10/08/2014 10/08/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $68,250 -- $39 / 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 $7,298 $95,382 $18,817 $76,565
2023 $7,500 $85,396 $16,847 $68,549
2022 $7,500 $82,718 $19,981 $62,737
2021 $6,959 $72,749 $17,071 $55,678
2020 $7,003 $67,775 $15,904 $51,871
2019 $6,995 $62,104 $14,573 $47,531
2018 $6,772 $58,759 $18,751 $40,008
2017 $6,541 $51,985 $16,589 $35,396
2016 $6,054 $45,173 $14,415 $30,758
2015 $5,436 $35,679 $12,902 $22,777
2014 $4,657 $33,064 $14,569 $18,495
2012 $5,992 $35,822 $15,784 $20,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08858218

Midwest Real Estate Data (MRED)

APN: 08-19-206-013