NOT LISTED FOR SALE

721 8th St Waukegan, IL 60085

Washburn Springs Neighborhood

Estimated Value: $158,413 - $176,000

4 Beds
2 Baths
1,243 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 17, 2013

Last sale price $24,550 $20 Per Sq Ft

Est. 594% increase in value since last sale

Current estimated payment $1,278/month

68 Days on Market

Highlights

  • Detached Garage
  • Property is near a bus stop
  • 4-minute walk to Woodard Park

About This Home

As of July 2013

FM FIRST LOOK INITIATIVE THRU 4/20/13. SOLD AS IS. GREAT BUY FOR AN INVESTOR! LIVE IN ONE UNIT AND RENT THE OTHER! THESE 2 UNITS FEATURES 2 BEDROOMS 1 BATH, PLUS GARAGE.

Last Listed By

Chris Peters

Coldwell Banker Realty License #475123390 Listed on: 04/05/2013

Coldwell Banker Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,891

Year Built

  • 1901

Parking

  • Detached Garage

Home Design

  • Aluminum Siding

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Additional Features

  • Property is near a bus stop
  • Heating System Uses Gas

Property Details

Home Type

Other

Est. Annual Taxes

$3,891

Year Built

1901

Lot Details

0

Parking

4

Listing Details

  • Property Type: Two to Four Units
  • Type-Multi: 2 Flat
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Special Features: 20
  • Year Built: 1901

Interior Features

  • Number Of Rooms: 8
  • Basement: Full, Walkout
  • Basement: Unfinished, Exterior Access
  • Bedrooms All Levels: 4

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 4

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 50X167X50.7X178.9

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2013
Closed on
Jun 24, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Aaron Mark Properties Inc
Seller's Agent
Chris Peters
Coldwell Banker Realty
Buyer's Agent
Chris Peters
Coldwell Banker Realty
List Price
$34,900
Sold Price
$24,550
Premium/Discount to List
-$10,350
-29.66%
Total Days on Market
68
Current Estimated Value
$170,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,803
Avg. Annual Appreciation
17.74%

Purchase Details

Closed on
Dec 31, 2012
Sold by
Pelaez Abel
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 11, 2001
Sold by
Gomez Ana Maribel
Bought by
Pelaez Abel and Pelaez Jordana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
6.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 1998
Sold by
Maredondo Gerardo
Bought by
Gomez Ana Maribel

Purchase Details

Closed on
Jul 11, 1997
Sold by
Cardoza Jesus R and Cardoza Consuelo F
Bought by
Maredondo Gerardo and Gomez Ana Maribel

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
Aaron Mark Properties Inc $24,350 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Pelaez Abel $68,000 First American Title
Gomez Ana Maribel -- --
Maredondo Gerardo $40,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pelaez Abel $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2013 07/17/13 Sold $24,550 -29.7% $20 / Sq Ft
06/12/2013 06/12/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $34,900 -- $28 / 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 $3,891 $45,831 $10,725 $35,106
2023 $3,125 $41,263 $9,602 $31,661
2022 $3,125 $31,968 $7,472 $24,496
2021 $2,864 $27,473 $6,508 $20,965
2020 $2,708 $23,886 $6,072 $17,814
2019 $2,725 $21,888 $5,564 $16,324
2018 $1,691 $13,078 $4,134 $8,944
2017 $1,646 $11,570 $3,657 $7,913
2016 $2,220 $14,364 $4,541 $9,823
2015 $2,172 $12,856 $4,064 $8,792
2014 $1,278 $13,232 $3,320 $9,912
2012 $3,468 $17,920 $3,597 $14,323
Source: Public Records

Agents Affiliated with this Home

  • Chris Peters

    Seller's Agent in 2013

    Chris Peters

    Coldwell Banker Realty

    (847) 363-9923

    115 Total Sales

    Chris Peters
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08309389

Midwest Real Estate Data (MRED)

APN: 08-28-317-003

Illinois Lake County Waukegan 60085 Washburn Springs

721 8th St, Waukegan, IL

Homes for Sale in Waukegan, IL

This home is located at 721 8th St, Waukegan, IL 60085 since 05 April 2013 and is currently estimated at $170,353, approximately $137 per square foot. This property was built in 1901. 721 8th St is a home located in Lake County with nearby schools including Carman-Buckner Elementary School, John R Lewis Middle School, and Waukegan High School.

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