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1013 West Atlantic Avenue

1013 West Atlantic Avenue, Waukegan, IL 60085
Property in Waukegan
Sold Jun 08, 2017
$170,000
$166,920 by Loandepot.com Llc
Mortgage Due Jun 01, 2047
Sold Jul 29, 2016
$82,500
1013 West Atlantic Avenue has been categorized by the local assessors in Waukegan, IL as a residential type of property. The building on the property was first built in 1927 and is 97 years old. However, we must point out that the home was most recently renovated and altered in 1949. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1013 West Atlantic Avenue has 2,002 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,235 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1013 West Atlantic Avenue sold most recently in May 17, 2017 for a total of $170,000. If you work out the math, that's approximately a cost of $56.61 per sqft. Before that, the property was also sold for $82,500 in Jul 29, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,140 in taxes each year. 1013 West Atlantic Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $61,834. If we break it down further, the land itself was valued at $10,226. Improvements to the property, however, were assessed at a total of $51,608. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1949
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,001
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,235
  • Total Building Area: 3,003
  • Gross Building Area: 3,003
  • Building Area: 2,002
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,002
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEBB & JENSENS RESUB
  • Land Acres: 0.212
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: WEBB & JENSENS RESUB LOT 113

Ownership

  • Current Owner : ALBEA HINES SHAMIKA
  • Previous Owner : SKYLINE HOME INVESTMENTS LLC
  • Owner Before Previous Owner: MENDEZ
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Waukegan Community Unit School District 60
  • Census Tract: 862100

Geography

  • Assessors Map Reference: 2479-E5
  • District: WAUKEGAN
  • Parcel: 08-16-112-010
  • Lot: 113
  • Municipality: TWP OF WAUKEGAN
  • Latitude: 42.3818
  • Longitude: -87.8438

    Address

  • Full Address: 1013 W Atlantic Ave
  • Address - House Number: 1013
  • Street Direction: W
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Waukegan
  • Carrier Code: C014
  • 4-Digit Zip Code: 1734
  • Zip Code: 60085

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,140
  • Tax Rate Code Area: 9012

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 250,118
  • High Value: 292,489
  • Low Value: 207,748

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,920
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Jun 08, 2017
  • First Open Lien Mortgage Loan Amount: $166,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Market Valuation

  • Market Total Value: $185,520
  • Market Land Value: $30,681
  • Market Improvement Value: $154,839

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,834
  • Assessed Land Value: $10,226
  • Assessed Improvements Value: $51,608

    Sales

  • Current Sale Contract Date: May 17, 2017
  • Current Sale Recording Date: Jun 08, 2017
  • Current Sale Transaction ID: 1588766442
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7401281
  • Previous Sale Recording Date: Jul 29, 2016
  • Previous Sale Contract Date: Jul 29, 2016
  • Previous Sale Amount: $82,500
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Jun 08, 2017
  • First Mortgage Loan Amount: $166,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2047

About Waukegan



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Frequently Asked Questions

What neighborhood is 1013 West Atlantic Avenue located in?
The 1013 West Atlantic Avenue is a located in the neighborhood of Waukegan in Waukegan, Waukegan.
What is the average sales price for listings in 1013 West Atlantic Avenue?
The average sales price for units in 1013 West Atlantic Avenue is $0 currently.

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