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2751 West Atlantic Avenue

2751 West Atlantic Avenue, Waukegan, IL 60085
Property in Aree Glen
Sold Sep 05, 2018
$165,000
$159,493 by Stearns Lending Llc
Mortgage Due Sep 01, 2048
Sold Sep 30, 2005
$238,000
$138,000 by First Magnus Financial Corp
Mortgage Due Sep 01, 2035
Local assessors in Waukegan, IL have categorized 2751 West Atlantic Avenue as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 7,196 square feet. The linear feet between the front and back of the lot was measured at 1,180 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2751 West Atlantic Avenue has a total of 1,500 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of materials that we aren't sure of. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2751 West Atlantic Avenue sold most recently in Jun 20, 2018 for a total of $165,000. If you work out the math, that's approximately a cost of $48.53 per sqft. Before that, the property was also sold for $238,000 in Aug 3, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,594 in taxes each year. 2751 West Atlantic Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $88,479. If we break it down further, the land itself was valued at $11,990. Improvements to the property, however, were assessed at a total of $76,489. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,500
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,196
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,400
  • Gross Building Area: 3,400
  • Building Area: 1,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MCAREE MANOR
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MCAREE MANOR; LOT 25

Ownership

  • Current Owner : REYES GERARDO
  • Current Owner 2: REYES MARIA DEL S
  • Previous Owner : MARTINEZ HERMINIO
  • Previous Owner 2: MARTINEZ MA DE LOS ANGELES
  • Owner Before Previous Owner: SAJUAN SANTOS
  • Owner Before Previous Owner 2: SAJUAN CELEDONIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Waukegan Community Unit School District 60
  • Census Tract: 861902

Geography

  • Assessors Map Reference: 2479-C5
  • District: WAUKEGAN
  • Parcel: 08-18-225-005
  • Lot: 25
  • Municipality: TWP OF WAUKEGAN
  • Latitude: 42.382
  • Longitude: -87.8689

    Address

  • Full Address: 2751 W Atlantic Ave
  • Address - House Number: 2751
  • Street Direction: W
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Waukegan
  • Carrier Code: C003
  • 4-Digit Zip Code: 1588
  • Zip Code: 60085

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,594
  • Tax Rate Code Area: 9012

    Appraisal Valuation

  • Standard Deviation: 0.1924
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 263,548
  • High Value: 314,265
  • Low Value: 212,830

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,493
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Sep 05, 2018
  • First Open Lien Mortgage Loan Amount: $159,493
  • 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: Sep 01, 2048

    Market Valuation

  • Market Total Value: $265,464
  • Market Land Value: $35,974
  • Market Improvement Value: $229,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,479
  • Assessed Land Value: $11,990
  • Assessed Improvements Value: $76,489

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 20, 2018
  • Current Sale Recording Date: Sep 05, 2018
  • Current Sale Transaction ID: 11505073128
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7510798
  • Previous Sale Recording Date: Sep 30, 2005
  • Previous Sale Contract Date: Aug 03, 2005
  • Previous Sale Amount: $238,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING LLC
  • First Mortgage Transaction Date: Sep 05, 2018
  • First Mortgage Loan Amount: $159,493
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • Previous Mortgage Transaction Date: Sep 30, 2005
  • Previous Mortgage Loan Amount: $138,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Sep 01, 2035

About Aree Glen



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Frequently Asked Questions

What neighborhood is 2751 West Atlantic Avenue located in?
The 2751 West Atlantic Avenue is a located in the neighborhood of Aree Glen in Aree Glen, Waukegan.
What is the average sales price for listings in 2751 West Atlantic Avenue?
The average sales price for units in 2751 West Atlantic Avenue is $0 currently.

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