NOT LISTED FOR SALE

551 S Ml King jr Ave Waukegan, IL 60085

Estimated Value: $196,450 - $234,000

5 Beds
2 Baths
3,105 Sq Ft
$69/Sq Ft Est. Value

About This Home

This home is located at 551 S Ml King jr Ave, Waukegan, IL 60085 and is currently estimated at $213,613, approximately $68 per square foot. 551 S Ml King jr Ave is a home located in Lake County with nearby schools including Carman-Buckner Elementary School, John R Lewis Middle School, and Waukegan High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2024
Sold by
Aldo Valdes
Bought by
Jose M Corral Maldonado
Current Estimated Value
$213,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,145
Outstanding Balance
$6,124
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$208,278

Purchase Details

Closed on
Mar 13, 2019
Sold by
Rubio Eder De La Cruz
Bought by
Valdes Aldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,464
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2018
Sold by
Loza Properties Llc
Bought by
Rubio Eder Dela Cruz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,007
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2014
Sold by
Norstates Bank
Bought by
Loza Properties Llc Series 551 Martin Lu

Purchase Details

Closed on
Jul 7, 2014
Sold by
Chicago Title Land Trust Company
Bought by
Norstates Bank
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Jose M Corral Maldonado -- None Listed On Document
Valdes Aldo $140,000 Fidelity National Title
Rubio Eder Dela Cruz $110,000 Chicago Title
Loza Properties Llc Series 551 Martin Lu $29,920 Fidelity National Title
Norstates Bank -- Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdes Aldo $6,145
Previous Owner Valdes Aldo $7,570
Previous Owner Valdes Aldo $4,008
Previous Owner Valdes Aldo $137,464
Previous Owner Rubio Eder Dela Cruz $108,007
Previous Owner Chicago Title Land Trust Co $308,131
Previous Owner Bank Of Waukegan $30,000
Source: Public Records

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 $4,613 $54,303 $7,323 $46,980
2023 $4,613 $48,925 $6,556 $42,369
2022 $2,952 $36,197 $5,102 $31,095
2021 $2,951 $34,303 $4,444 $29,859
2020 $2,666 $29,520 $4,145 $25,375
2019 $3,368 $27,050 $3,798 $23,252
2018 $2,471 $18,618 $3,388 $15,230
2017 $2,343 $16,471 $2,997 $13,474
2016 $2,577 $16,673 $3,721 $12,952
2015 $2,521 $14,922 $3,330 $11,592
2014 $3,871 $22,864 $2,727 $20,137
2012 $4,794 $24,772 $2,955 $21,817
Source: Public Records

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