NOT LISTED FOR SALE

553 S Ml King jr Ave Waukegan, IL 60085

Estimated Value: $179,000 - $222,000

6 Beds
2 Baths
2,288 Sq Ft
$90/Sq Ft Est. Value

About This Home

This home is located at 553 S Ml King jr Ave, Waukegan, IL 60085 and is currently estimated at $206,496, approximately $90 per square foot. 553 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 30, 2022
Sold by
Gutierrez Properties Llc-553 South Mlk S
Bought by
Gutierrez Property 553 S Martin Luther King J
Current Estimated Value
$206,496

Purchase Details

Closed on
Jun 23, 2015
Sold by
Gutierrez Antonio
Bought by
Gutierrez Properties Llc 553 South Mlk

Purchase Details

Closed on
Jan 17, 2014
Sold by
Fannie Mae
Bought by
Gutierrez Antonio

Purchase Details

Closed on
Dec 10, 2013
Sold by
Vasile Eugene Ciprian and Rogoz Elena
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 30, 2005
Sold by
Velazquez David and Velazquez Minerva
Bought by
Vasile Eugen Ciprian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,350
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2003
Sold by
Handy Sylvester and Handy Anna
Bought by
Velazquez David and Velazquez Minerva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
5.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2003
Sold by
Bella Finas Abraham and Bell Dion K
Bought by
Handy Sylvester and Handy Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2001
Sold by
Bell Finas Abraham
Bought by
Bell Finas Abraham and Bell Dion K
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
Gutierrez Property 553 S Martin Luther King J -- --
Gutierrez Properties Llc 553 South Mlk -- Attorney
Gutierrez Antonio $40,000 Fidelity National Title
Federal National Mortgage Association $123,019 None Available
Vasile Eugen Ciprian $161,500 Chicago Title Insurance Comp
Velazquez David $133,000 Ticor
Handy Sylvester $110,000 Ticor Title
Bell Finas Abraham -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasile Eugen Ciprian $145,350
Previous Owner Velazquez David $106,400
Previous Owner Handy Sylvester $88,000
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 $5,164 $60,779 $7,269 $53,510
2023 $4,179 $54,766 $6,508 $48,258
2022 $4,179 $42,749 $5,064 $37,685
2021 $3,822 $36,664 $4,412 $32,252
2020 $3,573 $31,523 $4,115 $27,408
2019 $3,596 $28,886 $3,771 $25,115
2018 $2,189 $16,932 $3,363 $13,569
2017 $2,131 $14,980 $2,975 $12,005
2016 $2,874 $18,597 $3,693 $14,904
2015 $2,812 $16,644 $3,305 $13,339
2014 $2,955 $17,464 $2,727 $14,737
2012 $4,876 $18,920 $2,955 $15,965
Source: Public Records

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