NOT LISTED FOR SALE

721 S Jackson St Waukegan, IL 60085

Washburn Springs Neighborhood

Estimated Value: $182,000 - $215,000

5 Beds
2 Baths
1,664 Sq Ft
$117/Sq Ft Est. Value

Last Sold November 07, 2016

Last sale price $50,000 $30 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $1,305/month

21 Days on Market

About This Home

As of November 2016

Spacious two flat with a full basement. First floor has six rooms, three bedrooms, and one bathroom. The second floor has four rooms, two bedrooms, and one bathroom. Live in one unit and rent out the other. Sold as is, no survey, 100% tax prorations, and buyer pays all inspections. First market period owner occupied only. See condition report in "additional information."

Last Agent to Sell the Property

Rozanne Kurman

Kurman Realty Group License #471002891 Listed on: 08/22/2016

Co-Listed By

Dennis Gilbert

Kurman Realty Group

Last Buyer's Agent

Imelda Gonzalez

U.S. America Realty Inc. License #475148482

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,491

Year Built

  • Built in 1930

Lot Details

  • 6,534

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • 6,534 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,491

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 46000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 6921
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2490.94
  • Tax Year: 2015

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2016
Closed on
Nov 7, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Diaz Jose Guadalupe Jimenez
Seller's Agent
Rozanne Kurman
Kurman Realty Group
Buyer's Agent
Imelda Gonzalez
U.S. America Realty Inc.
List Price
$46,000
Sold Price
$50,000
Premium/Discount to List
$4,000
8.7%
Total Days on Market
21
Current Estimated Value
$194,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,284
Avg. Annual Appreciation
16.07%

Purchase Details

Closed on
Jul 29, 2016
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 29, 2016
Sold by
Lewis Leroy
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 23, 1996
Sold by
Loeb Harvey and Barnow Ben
Bought by
Starwood Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
8.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 1994
Sold by
Construction Realty Company
Bought by
Lewis Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,634
Interest Rate
8.86%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Diaz Jose Guadalupe Jimenez -- Fidelity National Title
The Secretary Of Housing & Urban Develop -- Oconnor Title Services Inc
Bank Of America Na -- Attorney
Starwood Development Inc $87,500 --
Lewis Leroy -- Intercounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Leroy $183,776
Previous Owner Lewis Leroy $181,061
Previous Owner Lewis Leroy $178,386
Previous Owner Lewis Leroy $152,246
Previous Owner Lewis Leroy $136,970
Previous Owner Starwood Development Inc $89,250
Previous Owner Lewis Leroy $56,634
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2016 11/07/16 Sold $50,000 0.0% $30 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
09/01/2016 09/01/16 Off Market $50,000 -- --
08/22/2016 08/22/16 For Sale $46,000 -- $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 $3,293 $47,663 $9,018 $38,645
2023 $2,672 $42,927 $8,074 $34,853
2022 $2,672 $33,332 $5,969 $27,363
2021 $2,358 $28,617 $5,198 $23,419
2020 $2,126 $24,752 $4,850 $19,902
2019 $2,087 $22,681 $4,444 $18,237
2018 $2,048 $21,433 $3,303 $18,130
2017 $1,844 $18,962 $2,922 $16,040
2016 $2,546 $16,476 $3,627 $12,849
2015 $2,491 $14,746 $3,246 $11,500
2014 $3,523 $20,807 $2,722 $18,085
2012 $4,363 $22,543 $2,950 $19,593
Source: Public Records

Agents Affiliated with this Home

  • Rozanne Kurman

    Seller's Agent in 2016

    Rozanne Kurman

    Kurman Realty Group

    (847) 566-7411

    68 Total Sales

    Rozanne Kurman
    Section Image

  • D

    Seller Co-Listing Agent in 2016

    Dennis Gilbert

    Kurman Realty Group

  • I

    Buyer's Agent in 2016

    Imelda Gonzalez

    U.S. America Realty Inc.

    (224) 305-0891

    54 Total Sales

    Imelda Gonzalez
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09322610

Midwest Real Estate Data (MRED)

APN: 08-28-300-003

Illinois Lake County Waukegan 60085 Washburn Springs

721 S Jackson St, Waukegan, IL

This home is located at 721 S Jackson St, Waukegan, IL 60085 since 22 August 2016 and is currently estimated at $194,284, approximately $116 per square foot. This property was built in 1930. 721 S Jackson 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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