NOT LISTED FOR SALE

700 Porter St Waukegan, IL 60085

Estimated Value: $245,000 - $378,000

4 Beds
4 Baths
2,577 Sq Ft
$126/Sq Ft Est. Value

Last Sold April 05, 2018

Last sale price $187,000 $73 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,368/month

21 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Paved or Partially Paved Lot
  • First Floor Utility Room
  • Heating System Uses Steam
  • 5-minute walk to Powell Park

About This Home

As of April 2018

Very well maintained, solid brick, ranch style four unit! This four unit is fully occupied and rarely has any vacancies. All units are identical, one bedroom, large kitchen and living room. One tenant has lived in his unit for over 15 years! Each tenant has an assigned parking space. There is a separate room with machanical's and coin operated laundry. Tenants pay their own electric and gas. Per owner, he pays approximately $300 per month for heat, water and trash removal. Any questions please contact listing agent. Copies of current leases are on file. FHA welcomed.

Last Agent to Sell the Property

David Ayabarreno

RE/MAX Plaza License #475123448 Listed on: 01/27/2018

RE/MAX Plaza

Last Buyer's Agent

Venny Rivera

eXp Realty License #475115955

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,153

Year Built

  • Built in 1960

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 32 x 128 x 133 x 163
  • Paved or Partially Paved Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • First Floor Utility Room
  • Storm Screens

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,153

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1960
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Room Type: Utility Room-1st Floor
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 3

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 189900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Driveway
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Sewer-Storm
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

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: 0.22
  • Lot Dimensions: 32 X 128 X 133 X 163
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 8152.52
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2018
Closed on
Mar 29, 2018
Sold by
Day Patrick John O
Bought by
Camarena Jose
Seller's Agent
David Ayabarreno
RE/MAX Plaza
Buyer's Agent
Venny Rivera
eXp Realty
List Price
$192,500
Sold Price
$187,000
Premium/Discount to List
-$5,500
-2.86%
Current Estimated Value
$324,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,828
Avg. Annual Appreciation
6.59%
Original Mortgage
$183,612
Outstanding Balance
$162,782
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$136,804

Purchase Details

Listed on
Oct 15, 2015
Closed on
Dec 7, 2015
Sold by
Kroll Mary L
Bought by
Oday Patrick John
Seller's Agent
Carmen Garcia
RE/MAX Plaza
Buyer's Agent
David Ayabarreno
RE/MAX Plaza
List Price
$150,000
Sold Price
$146,500
Premium/Discount to List
-$3,500
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$149,649
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 2003
Sold by
Schaefer Arthur F and Schaefer Mary O
Bought by
Kroll James W and Kroll Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Camarena Jose $187,000 Fidelity National Title
Oday Patrick John $146,500 Attorney
Kroll James W $207,500 First American Title
Kroll James W -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camarena Jose $183,612
Previous Owner Oday Patrick John $149,649
Previous Owner Kroll James W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2018 04/05/18 Sold $187,000 -1.5% $73 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
02/15/2018 02/15/18 Price Changed $189,900 -1.4% $74 / Sq Ft
01/27/2018 01/27/18 For Sale $192,500 +31.4% $75 / Sq Ft
12/07/2015 12/07/15 Sold $146,500 -2.3% $57 / Sq Ft
10/22/2015 10/22/15 Pending -- -- --
10/15/2015 10/15/15 For Sale $150,000 -- $58 / 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 $7,181 $84,543 $13,275 $71,268
2023 $7,231 $76,159 $11,885 $64,274
2022 $7,231 $73,965 $11,718 $62,247
2021 $7,585 $72,751 $10,453 $62,298
2020 $7,683 $67,776 $9,738 $58,038
2019 $7,732 $62,105 $8,923 $53,182
2018 $8,872 $68,622 $11,366 $57,256
2017 $8,636 $60,712 $10,056 $50,656
2016 $8,153 $52,756 $8,738 $44,018
2015 $7,976 $47,218 $7,821 $39,397
2014 $5,675 $33,545 $5,398 $28,147
2012 $7,034 $36,343 $5,849 $30,494
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09842849

Midwest Real Estate Data (MRED)

APN: 08-21-113-032