NOT LISTED FOR SALE

524 South Ave Waukegan, IL 60085

Estimated Value: $179,943 - $255,000

4 Beds
1 Bath
2,050 Sq Ft
$105/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $159,500 $78 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,632/month

36 Days on Market

Highlights

  • American Four Square Architecture
  • Soaking Tub
  • Forced Air Heating System
  • Screened Porch
  • Entrance Foyer
  • 3-minute walk to Eugene P King Park

About This Home

As of October 2018

MONEY MAKING 2 UNIT THAT IS MOVE IN READY! LIVE IN ONE RENT THE OTHER? COMPLETELY RENOVATED, WITH NEW ELECTRIC,SIDING,WINDOWS,ROOF,DOORS, H2O, AND FURNACES! SEP UTILITIES FOR EACH UNIT AND LAUNDRY ROOMS!! BEAUTIFUL NEWLY REBUILT FRONT PORCH TO SIT OUT AND ENJOY. GREAT HOME ON QUIET ST, EACH UNIT HAS 2 BEDROOMS WITH FULL EXPANDABLE ATTIC AND FULL UNFIN BASEMENT. GLEAMING HARDWOOD FLRS, CUSTOM TILE WORK IN BATHS AND KITCHENS. TRUELY A LOVELY HOME THAT MAKES GOOD MONEY SENSE . A MUST SEE FOR SURE.

Last Agent to Sell the Property

Betty Spiller

Coldwell Banker Realty License #475141918 Listed on: 08/27/2018

Coldwell Banker Realty

Last Buyer's Agent

Ariel Manlapaz

GC Realty and Development, LL License #475173895

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,669

Year Built

  • Built in 1901 | Remodeled in 2018

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Paved or Partially Paved Lot

Home Design

  • American Four Square Architecture
  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • Entrance Foyer
  • Screened Porch

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 1 Bathroom
  • Soaking Tub

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,669

Year Built

Built in 1901 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Year Built: 1901
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors
  • Room Type: Enclosed Porch, Foyer, Screened Porch
  • Basement Description: Unfinished
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 1
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up,Range Hood,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up,Range Hood,Hardwood Floors,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Porch, Porch Screened, Storms/Screens
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 159900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 60

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: Y

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1669
  • Tax Year: 2016
  • 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
Aug 27, 2018
Closed on
Oct 23, 2018
Sold by
Mays Buitoni
Bought by
Ireland Pasco Paul Clifford and Ireland Pasco Katherine
Seller's Agent
Betty Spiller
Coldwell Banker Realty
Buyer's Agent
Ariel Manlapaz
GC Realty and Development, LL
List Price
$159,900
Sold Price
$159,500
Premium/Discount to List
-$400
-0.25%
Total Days on Market
36
Current Estimated Value
$215,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,736
Avg. Annual Appreciation
4.64%
Original Mortgage
$164,763
Interest Rate
5%
Mortgage Type
VA

Purchase Details

Closed on
Apr 4, 2017
Sold by
Regions Bank
Bought by
Mays Buitoni

Purchase Details

Closed on
Apr 7, 2015
Sold by
Midtax
Bought by
Regions Bank and Trust #90-P015-00

Purchase Details

Closed on
Mar 25, 2015
Sold by
County Of Lake
Bought by
Midtax Inc

Purchase Details

Closed on
Jul 23, 1991
Sold by
Slaughter Annie Belle
Bought by
Williams Samuel and Williams Mary Dell
Source: Public Records

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Range of Values:

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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
Ireland Pasco Paul Clifford $159,500 Attorneys Title Guaranty Fun
Mays Buitoni $22,000 Chicago Title
Regions Bank $63,500 None Available
Midtax Inc -- None Available
Williams Samuel -- --
Williams Samuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pasco Paul Clifford $164,540
Closed Ireland Pasco Paul Clifford $164,763
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $159,500 -0.3% $78 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $159,900 -- $78 / 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 $5,090 $56,030 $8,355 $47,675
2023 $4,682 $61,979 $7,480 $54,499
2022 $4,682 $53,889 $5,821 $48,068
2021 $4,192 $46,209 $5,070 $41,139
2020 $3,819 $39,691 $4,730 $34,961
2019 $3,791 $36,370 $4,334 $32,036
2018 $1,556 $12,036 $3,220 $8,816
2017 $1,526 $10,649 $2,849 $7,800
2016 $1,669 $16,798 $3,537 $13,261
2015 $1,526 $15,035 $3,166 $11,869
2014 $3,170 $24,278 $3,320 $20,958
2012 $4,149 $26,302 $3,597 $22,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10063557

Midwest Real Estate Data (MRED)

APN: 08-28-125-016