715 Walnut St Unit 1 Waukegan, IL 60085
Estimated Value: $420,000 - $506,000
12
Beds
4
Baths
4,688
Sq Ft
$97/Sq Ft
Est. Value
Highlights
- Fenced Yard
- Forced Air Heating System
- Ceiling Fan
- Balcony
About This Home
As of June 2023Attractive, all brick 4-unit building in Waukegan. All units have 3 bedrooms, kitchen, dining room, and large living room! Hardwood floors throughout. All units have separate furnaces, water heaters, and central air conditioners! All units have access to balcony. Each unit has a storage room in basement. Asphalt drive way with 8 parking spaces and a partially fenced yard. Long time tenants, hence below market rents. Rents should be considerably higher. Owners desire to sell as-is. Some minor cosmetics are needed, IE: Scrapping and painting parts of exterior. Requires 24-hour notice for showings.
Last Agent to Sell the Property
RE/MAX Plaza License #475123448 Listed on: 05/04/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,126
Year Built
- Built in 1960
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 140 x 67
- Fenced Yard
Home Design
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
Interior Spaces
- Ceiling Fan
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Potential Bedrooms
- 4 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Block Basement Construction
- Basement Storage
Parking
- 8 Parking Spaces
- Uncovered Parking
- Parking Lot
- Parking Included in Price
Outdoor Features
- Balcony
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Gas Water Heater
Community Details
- 4 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2023
Closed on
Jun 6, 2023
Sold by
Rivera Lydia
Bought by
Cheng Michael S
Seller's Agent
David Ayabarreno
RE/MAX Plaza
Buyer's Agent
David Ayabarreno
RE/MAX Plaza
List Price
$429,900
Sold Price
$415,000
Premium/Discount to List
-$14,900
-3.47%
Total Days on Market
7
Views
95
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,752
Avg. Annual Appreciation
4.63%
Original Mortgage
$290,500
Outstanding Balance
$284,145
Interest Rate
6.55%
Mortgage Type
New Conventional
Estimated Equity
$170,607
Purchase Details
Closed on
Jul 24, 2003
Sold by
Rivera Lydia
Bought by
Rivera Lydia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,176
Interest Rate
6.18%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 15, 1998
Sold by
Buhrke Kent
Bought by
Rivera Ferdinand and Rivera Lydia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,605
Interest Rate
6.75%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 23, 1996
Sold by
Painter Duane H and Painter Nanjean
Bought by
Buhrke Kent
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,130
Interest Rate
8.18%
Similar Home in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cheng Michael S | $415,000 | Doma Insurance Agency Of Illin | |
| Rivera Lydia | -- | Matc | |
| Rivera Ferdinand | $210,000 | -- | |
| Buhrke Kent | $188,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cheng Michael S | $290,500 | |
| Previous Owner | Rivera Lydia | $208,176 | |
| Previous Owner | Rivera Ferdinand | $208,605 | |
| Previous Owner | Buhrke Kent | $141,130 | |
| Closed | Buhrke Kent | $18,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/08/2023 06/08/23 | Sold | $415,000 | -3.5% | $89 / Sq Ft |
| 05/12/2023 05/12/23 | Pending | -- | -- | -- |
| 05/04/2023 05/04/23 | For Sale | $429,900 | -- | $92 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $8,222 | $99,158 | $18,103 | $81,055 |
| 2023 | $7,461 | $87,191 | $15,918 | $71,273 |
| 2022 | $7,461 | $76,324 | $13,916 | $62,408 |
| 2021 | $7,126 | $68,350 | $12,414 | $55,936 |
| 2020 | $7,218 | $63,676 | $11,565 | $52,111 |
| 2019 | $7,264 | $58,348 | $10,597 | $47,751 |
| 2018 | $8,574 | $66,314 | $11,423 | $54,891 |
| 2017 | $8,346 | $58,669 | $10,106 | $48,563 |
| 2016 | $7,878 | $50,981 | $8,782 | $42,199 |
| 2015 | $7,708 | $73,894 | $7,860 | $66,034 |
| 2014 | $7,289 | $43,083 | $5,870 | $37,213 |
| 2012 | $8,653 | $46,676 | $6,359 | $40,317 |
Source: Public Records
Agents Affiliated with this Home
-
David Ayabarreno
Seller's Agent in 2023
David Ayabarreno
RE/MAX Plaza
(847) 542-4592
104 Total Sales
-
Anthony Ayabarreno
A
Seller Co-Listing Agent in 2023
Anthony Ayabarreno
RE/MAX
(224) 419-2167
7 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11774703
APN: 08-16-328-019
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