NOT LISTED FOR SALE

Estimated Value: $212,000 - $250,000

3 Beds
2 Baths
1,000 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $114,500 $114 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,583/month

About This Home

As of April 2019

This home is located at 741 S Elmwood Ave, Waukegan, IL 60085 since 17 April 2019 and is currently estimated at $224,542, approximately $224 per square foot. This property was built in 1953. 741 S Elmwood Ave is a home located in Lake County with nearby schools including Lyon Magnet Elementary School, John R Lewis Middle School, and Waukegan High School.

Last Agent to Sell the Property

Terrence Muse

RE/MAX Vision 212 License #475144929 Listed on: 04/17/2019

RE/MAX Vision 212

Last Buyer's Agent

Luz Marin

Century 21 Circle License #471020909

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,982

Year Built

  • 1953

Lot Details

  • 10,019

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Aluminum Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,982

Year Built

1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1 Story
  • Estimated Year Built: 1953
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X14, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 17X11, On Level: Main Level
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level
  • Bedroom 3: Dimensions: 11X11, On Level: Basement
  • Estimated Sq Ft: 1000

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding
  • Acreage: 0.2313

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 60
  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 56X190
  • Parcel Identification Number: 08294060110000

Tax Info

  • Taxes: 3042.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Apr 25, 2019
Sold by
Shipp Duane F and Shipp Kim V
Bought by
Gonzalez Veronica
Seller's Agent
Terrence Muse
RE/MAX Vision 212
Buyer's Agent
Luz Marin
Century 21 Circle
List Price
$119,900
Sold Price
$114,500
Premium/Discount to List
-$5,400
-4.5%
Current Estimated Value
$224,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,042
Avg. Annual Appreciation
11.38%
Original Mortgage
$112,425
Outstanding Balance
$100,433
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$121,678
Source: Public Records

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Range of Values:

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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
Gonzalez Veronica $114,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Veronica $6,308
Open Gonzalez Veronica $112,425
Previous Owner Shipp Duane F $136,081
Previous Owner Shipp Duane F $126,315
Previous Owner Shipp Duane P $25,000
Previous Owner Shipp Duane F $23,500
Previous Owner Shipp Duane F $112,886
Previous Owner Shipp Duane $5,773
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $114,500 -4.5% $115 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $119,900 -- $120 / 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 $3,982 $56,154 $13,075 $43,079
2023 $3,982 $50,231 $11,696 $38,535
2022 $4,099 $47,924 $10,435 $37,489
2021 $3,385 $38,466 $8,976 $29,490
2020 $3,382 $35,835 $8,362 $27,473
2019 $3,351 $32,837 $7,662 $25,175
2018 $3,177 $30,954 $9,640 $21,314
2017 $3,042 $27,386 $8,529 $18,857
2016 $2,750 $23,797 $7,411 $16,386
2015 $2,584 $21,299 $6,633 $14,666
2014 $2,381 $19,614 $5,709 $13,905
2012 $3,171 $21,250 $6,185 $15,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10348056

Midwest Real Estate Data (MRED)

APN: 08-29-406-011