NOT LISTED FOR SALE

534 May St Waukegan, IL 60085

Estimated Value: $118,000 - $164,000

2 Beds
1 Bath
962 Sq Ft
$150/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $99,000 $103 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,055/month

5 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Formal Dining Room
  • 1-Story Property

About This Home

As of April 2024

Don't miss this Great opportunity to purchase a home at a great price! This 2 bedroom is perfect place for an owner occupied homeowner that doesn't mind rolling up their sleeves to gain some sweat equity. But this property is also perfect for an investor who does not wants a house with mostly cosmetic minimum repairs. 2 Bedrooms, Separate Living room & Dining room w hardwood floors, full basement & garage. 2018---Newer siding & roof, Updated furnace, hot water tank & 100 amp electric service makes this deal very attractive.

Last Agent to Sell the Property

Willie Simpson

RE/MAX Plaza License #475132200 Listed on: 02/24/2024

RE/MAX Plaza

Last Buyer's Agent

Ernesto Vaca

Real People Realty License #471013585

Real People Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,287

Year Built

  • Built in 1901

Lot Details

  • 4,739 Sq Ft Lot
  • Lot Dimensions are 39 x 122

Parking

  • 1 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 962 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,287

Year Built

Built in 1901

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1901
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom
  • LivingArea: 962
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 962
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Basement Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 99975
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 0.1088
  • Lot Dimensions: 39 X 122
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2287.22
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Apr 8, 2024
Sold by
Trust No Sbl-3018 and Chicago Trust Company Na
Bought by
Romano Reynaldo Castillo and Martinez Tereza Chavez
Seller's Agent
Willie Simpson
RE/MAX Plaza
Buyer's Agent
Ernesto Vaca
Real People Realty
List Price
$99,975
Sold Price
$99,000
Premium/Discount to List
-$975
-0.98%
Views
116
Current Estimated Value
$142,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,212
Avg. Annual Appreciation
11.84%

Purchase Details

Closed on
Apr 20, 2009
Sold by
Wayne Hummer Trust Company Na
Bought by
Wayne Hummer Trust Co Na and Trust #Sbl-3018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 13, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Wayne Hummer Trust and Sbl2900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,625
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 12, 2007
Sold by
Avalos
Bought by
Hud

Purchase Details

Closed on
Jun 2, 2006
Sold by
Quiroz Gabriel J
Bought by
Avalos Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,991
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2005
Sold by
Citifinancial Mortgage Co Inc
Bought by
Quiroz Gabriel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 6, 2005
Sold by
Montejano Emilio M and Mantejano Emilioa M
Bought by
Citifinancial Mortgage Co Inc

Purchase Details

Closed on
May 17, 1993
Sold by
Potter Larry G
Bought by
Montejano Emilio M and Montejano Maria D M
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
Romano Reynaldo Castillo $99,000 Chicago Title
Wayne Hummer Trust Co Na -- None Available
Wayne Hummer Trust -- Stewart Title Company
Hud -- Comprehensive Title Inc
Avalos Christina $130,000 First American Title
Quiroz Gabriel J $75,000 First American Title
Citifinancial Mortgage Co Inc -- First American Title
Montejano Emilio M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wayne Hummer Trust Co Na $194,000
Previous Owner Wayne Hummer Trust Co Na $194,000
Previous Owner Wayne Hummer Trust Company $23,625
Previous Owner Wayne Hummer Trust $23,625
Previous Owner Avalos Christina $127,991
Previous Owner Quiroz Gabriel J $75,000
Previous Owner Montejano Emilio M $102,354
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $99,000 -1.0% $103 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/24/2024 02/24/24 For Sale $99,975 -- $104 / 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 $3,228 $38,000 $6,174 $31,826
2023 $2,287 $34,229 $5,527 $28,702
2022 $2,287 $23,396 $4,302 $19,094
2021 $2,094 $20,086 $3,746 $16,340
2020 $1,970 $17,383 $3,494 $13,889
2019 $1,983 $15,929 $3,202 $12,727
2018 $1,397 $10,806 $3,094 $7,712
2017 $1,360 $9,560 $2,737 $6,823
2016 $1,834 $11,869 $3,398 $8,471
2015 $1,794 $10,623 $3,041 $7,582
2014 $1,960 $11,583 $3,067 $8,516
2012 $2,429 $12,548 $3,322 $9,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11988018

Midwest Real Estate Data (MRED)

APN: 08-28-309-016