NOT LISTED FOR SALE

701 W Water St Waukegan, IL 60085

Estimated Value: $142,000 - $171,264

2 Beds
1.5 Baths
900 Sq Ft
$173/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $120,000 $133 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $986/month

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Senior Tax Exemptions
  • 1 Car Detached Garage
  • Paved or Partially Paved Lot
  • 4-minute walk to Washington Park

About This Home

As of February 2024

Great investment property or starter home ready for your ideas. 1-story, 2 bedrooms on 1st floor, 1.1 bathrooms. Full unfinished basement could add another 1-2 bedrooms. Open concept living and dining room. 1-car garage and fenced yard. Property sold "as is" with 100% tax proration. Conventional or cash only.

Last Agent to Sell the Property

Cathy Yanda

Baird & Warner License #475177167 Listed on: 01/11/2024

Baird & Warner

Last Buyer's Agent

Cathy Yanda

Baird & Warner License #475177167 Listed on: 01/11/2024

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,809

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 55x91
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • 900 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,809

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1955
  • Age: 61-70 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
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 900
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 900
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 900
  • Total Sq Ft: 900
  • Upper Level Sq Ft: 900
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 125000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • 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 Dimensions: 55X91
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1809.26
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Jan 31, 2024
Sold by
Carrasco Jessica
Bought by
Jaime Josefina and Farias Alfredo Ramirez
Seller's Agent
Cathy Yanda
Baird & Warner
Buyer's Agent
Cathy Yanda
Baird & Warner
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Views
30
Current Estimated Value
$155,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,816
Avg. Annual Appreciation
17.85%

Purchase Details

Closed on
May 23, 2016
Sold by
Ramos Antonio
Bought by
Carrasco Pablo

Purchase Details

Closed on
Oct 20, 2014
Sold by
Carassco Pablo
Bought by
Ramos Antonio

Purchase Details

Listed on
Jul 31, 2013
Closed on
Nov 19, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Carassco Pablo
Seller's Agent
Tom Yingling
New Century Real Estate
Buyer's Agent
Michael Jenkins
New Century Real Estate
List Price
$44,000
Sold Price
$33,000
Premium/Discount to List
-$11,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%

Purchase Details

Closed on
May 30, 2013
Sold by
Reuda
Bought by
Secretary Of Hud

Purchase Details

Closed on
Aug 30, 1996
Sold by
Montejo Jose A and Montejo Maria R
Bought by
Hernandez Maria G and Reuda Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,429
Interest Rate
7.93%
Mortgage Type
FHA
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
Jaime Josefina $120,000 Chicago Title
Carrasco Pablo -- Attorney
Ramos Antonio -- None Available
Carassco Pablo -- First American Title Ins Co
Secretary Of Hud -- None Available
Hernandez Maria G $86,000 Chicago Title Insurance Co
Hernandez Maria G $86,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Maria G $85,429
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $120,000 -4.0% $133 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $125,000 +278.8% $139 / Sq Ft
11/22/2013 11/22/13 Sold $33,000 -16.7% $37 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
09/18/2013 09/18/13 Price Changed $39,600 -10.0% $44 / Sq Ft
07/31/2013 07/31/13 For Sale $44,000 -- $49 / 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 $1,908 $42,933 $6,748 $36,185
2023 $1,809 $36,234 $5,779 $30,455
2022 $1,809 $29,507 $4,697 $24,810
2021 $1,419 $24,615 $3,922 $20,693
2020 $1,167 $22,932 $3,654 $19,278
2019 $1,265 $21,013 $3,348 $17,665
2018 $3,182 $24,608 $4,148 $20,460
2017 $3,097 $21,771 $3,670 $18,101
2016 $2,923 $18,918 $3,189 $15,729
2015 $2,860 $16,932 $2,854 $14,078
2014 $2,916 $17,237 $2,987 $14,250
2012 $2,673 $18,675 $3,237 $15,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11953906

Midwest Real Estate Data (MRED)

APN: 08-21-320-004