814 S Martin Luther King jr Ave Waukegan, IL 60085
Estimated Value: $82,000 - $116,093
4
Beds
2
Baths
2,496
Sq Ft
$38/Sq Ft
Est. Value
About This Home
As of April 2024Great Opportunity to purchase an Investment Property at a great price! This 4 be 2 bath features over 2490 total sq ft for this home. This property has been partially gutted and is awaiting a new owner to come in to rehab it back to a beautiful home. This is a cash only deal. Sold As-Is.
Last Agent to Sell the Property
RE/MAX Plaza License #475132200 Listed on: 02/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,566
Year Built
- Built in 1924
Lot Details
- Lot Dimensions are 40x133
Home Design
- Asphalt Roof
Interior Spaces
- 2,496 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Full Bathrooms
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Off-Street Parking
- Off Alley Parking
- Parking Included in Price
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2024
Closed on
Apr 8, 2024
Sold by
Trust No Sbl-3018 and Chicago Trust Company Na
Bought by
Lopez-Palaguachi Luis A and Saquicela Hugo Rosendo
Seller's Agent
Willie Simpson
RE/MAX Plaza
Buyer's Agent
Oscar Sanchez-Romero
Kurman Realty Group
List Price
$69,975
Sold Price
$76,000
Premium/Discount to List
$6,025
8.61%
Total Days on Market
3
Views
102
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
$18,031
Avg. Annual Appreciation
21.57%
Purchase Details
Closed on
Apr 20, 2009
Sold by
Wayne Hummer Trust Company Na
Bought by
Wayne Hummer Trust Co Na and Trust #Sbl-3018
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 22, 2008
Sold by
Fannie Mae
Bought by
Wayne Hummer Trust Company Na and Trust #Sbl 2900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 28, 2008
Sold by
Pena Filemon
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Apr 30, 2001
Sold by
Pena Filemon and Diaz Lola
Bought by
Pena Filemon and Diaz Lola
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,707
Interest Rate
7.05%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 5, 2001
Sold by
Zubor Paul A
Bought by
Pena Filemon and Diaz Lola
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,707
Interest Rate
7.05%
Mortgage Type
FHA
Similar Home in Waukegan, IL
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 |
|---|---|---|---|
| Lopez-Palaguachi Luis A | $76,000 | Chicago Title | |
| Wayne Hummer Trust Co Na | -- | None Available | |
| Wayne Hummer Trust Company Na | -- | Greater Illinois Title Co | |
| Federal National Mortgage Association | -- | Greater Illinois Title Co | |
| Pena Filemon | -- | -- | |
| Pena Filemon | $83,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wayne Hummer Trust Co Na | $194,000 | |
| Previous Owner | Wayne Hummer Trust Co Na | $194,000 | |
| Previous Owner | Wayne Hummer Trust Company | $24,000 | |
| Previous Owner | Pena Filemon | $113,000 | |
| Previous Owner | Pena Filemon | $89,000 | |
| Previous Owner | Pena Filemon | $81,707 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $76,000 | +8.6% | $30 / Sq Ft |
| 02/28/2024 02/28/24 | Pending | -- | -- | -- |
| 02/24/2024 02/24/24 | For Sale | $69,975 | -- | $28 / 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 | $3,131 | $37,087 | $6,728 | $30,359 |
| 2023 | $3,131 | $33,205 | $6,024 | $27,181 |
| 2022 | $2,567 | $26,254 | $4,688 | $21,566 |
| 2021 | $2,350 | $22,540 | $4,083 | $18,457 |
| 2020 | $2,210 | $19,494 | $3,809 | $15,685 |
| 2019 | $2,224 | $17,863 | $3,490 | $14,373 |
| 2018 | $1,516 | $11,727 | $2,853 | $8,874 |
| 2017 | $1,476 | $10,375 | $2,524 | $7,851 |
| 2016 | $1,990 | $12,879 | $3,134 | $9,745 |
| 2015 | $1,947 | $11,527 | $2,805 | $8,722 |
| 2014 | $2,578 | $15,240 | $2,656 | $12,584 |
| 2012 | $2,130 | $16,511 | $2,877 | $13,634 |
Source: Public Records
Agents Affiliated with this Home
-
Willie Simpson
Seller's Agent in 2024
Willie Simpson
RE/MAX Plaza
177 Total Sales
-
Oscar Sanchez-Romero
Buyer's Agent in 2024
Oscar Sanchez-Romero
Kurman Realty Group
(224) 600-7987
66 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11988886
APN: 08-28-416-025
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