NOT LISTED FOR SALE

546 May St Waukegan, IL 60085

Estimated Value: $188,586

2 Beds
2 Baths
1,662 Sq Ft
$113/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $23,500 $14 Per Sq Ft

Est. 702% increase in value since last sale

Current estimated payment $1,345/month

6 Days on Market

About This Home

As of December 2013

Great Investment, Live in One unit and rent out the other. First floor has one four rooms , one bedroom & bathroom. Second floor has five rooms ,one bedroom & one bathroom. Full basement & Garage. Sold As Is, 100% Tax Pro Rations, and Buyer Pays for all inspections. See MLS 4 Zoning Letters

Last Listed By

Rozanne Kurman

Kurman Realty Group License #471002891 Listed on: 11/19/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 44 x 122

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

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: 1901
  • 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: 2
  • Total Bedrooms: 2
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 22700
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel 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 Size Acres: 0.11
  • Lot Dimensions: 44 X 122
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4794.28
  • Tax Year: 2012

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
Nov 19, 2013
Closed on
Dec 17, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Alva Mayela
Seller's Agent
Rozanne Kurman
Kurman Realty Group
Buyer's Agent
Dennis Gilbert
Kurman Realty Group
List Price
$22,700
Sold Price
$23,500
Premium/Discount to List
$800
3.52%
Total Days on Market
6
Current Estimated Value
$188,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,086
Avg. Annual Appreciation
19.97%

Purchase Details

Closed on
Sep 18, 2013
Sold by
Mendez Genaro and Mendez Maria
Bought by
Secretary Of Hud

Purchase Details

Closed on
Dec 30, 1999
Sold by
Mendez Gloria
Bought by
Mendez Genaro and Mendez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,141
Interest Rate
7.69%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 1999
Sold by
Ralph Ronald
Bought by
Mendez Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,980
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 1996
Sold by
Ralph Eva
Bought by
Ralph Ronald

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
Alva Mayela -- Stewart Title Company
Secretary Of Hud $115,087 None Available
Mendez Genaro $105,000 --
Mendez Gloria $34,000 --
Ralph Ronald -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendez Genaro $102,570
Previous Owner Mendez Genaro $104,141
Previous Owner Mendez Gloria $32,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2013 12/20/13 Sold $23,500 +3.5% $14 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
11/19/2013 11/19/13 For Sale $22,700 -- $14 / 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 $3,469 $49,713 $6,292 $43,421
2023 $2,825 $44,793 $5,634 $39,159
2022 $2,825 $34,894 $4,385 $30,509
2021 $2,495 $29,931 $3,819 $26,112
2020 $2,239 $25,750 $3,563 $22,187
2019 $2,201 $23,596 $3,265 $20,331
2018 $1,026 $14,318 $3,154 $11,164
2017 $948 $12,667 $2,790 $9,877
2016 $1,503 $15,726 $3,464 $12,262
2015 $1,364 $14,075 $3,100 $10,975
2014 $3,774 $22,306 $3,147 $19,159
2012 $4,677 $24,167 $3,410 $20,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08490876

Midwest Real Estate Data (MRED)

APN: 08-28-309-012