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504 North Lewis Avenue

504 North Lewis Avenue, Waukegan, IL 60085
Property in Waukegan
Sold Oct 14, 2016
$138,888
$128,888 by Lend Smart Mortgage Llc
Mortgage Due Nov 01, 2046
Local assessors in Waukegan, IL have categorized 504 North Lewis Avenue as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 6,778 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 504 North Lewis Avenue has a total of 1,563 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. 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 composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on no 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, 504 North Lewis Avenue sold most recently in Oct 11, 2016 for a total of $138,888. If you work out the math, that's approximately a cost of $53.32 per sqft. 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 $4,791 in taxes each year. 504 North Lewis Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $61,390. If we break it down further, the land itself was valued at $9,372. Improvements to the property, however, were assessed at a total of $52,018. 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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,042
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,778
  • Total Building Area: 2,605
  • Gross Building Area: 2,605
  • Building Area: 1,563
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,563
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DOUGLAS NURSERY SUB
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DOUGLAS NURSERY SUB LOT 4 BLOCK 6

Ownership

  • Current Owner : SALGADO ELIZABETH
  • Current Owner 2: SALGADO DIANA Y OCAMPO
  • Previous Owner : LENZ KURT O
  • Previous Owner 2: LENZ ELENA H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Waukegan Community Unit School District 60
  • Census Tract: 862603

Geography

  • Assessors Map Reference: 2479-D7
  • District: WAUKEGAN
  • Parcel: 08-20-113-012
  • Block: 6
  • Lot: 4
  • Municipality: TWP OF WAUKEGAN
  • Latitude: 42.3669
  • Longitude: -87.856

    Address

  • Full Address: 504 N Lewis Ave
  • Address - House Number: 504
  • Street Direction: N
  • Address - Street Name: Lewis
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Waukegan
  • Carrier Code: C038
  • 4-Digit Zip Code: 3548
  • Zip Code: 60085

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,791
  • Tax Rate Code Area: 9012

    Appraisal Valuation

  • Standard Deviation: 0.1924
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 222,563
  • High Value: 265,393
  • Low Value: 179,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $128,888
  • First Open Lien Mortgage Lender: LEND SMART MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 14, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $128,888
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2046

    Market Valuation

  • Market Total Value: $184,189
  • Market Land Value: $28,119
  • Market Improvement Value: $156,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,390
  • Assessed Land Value: $9,372
  • Assessed Improvements Value: $52,018

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 11, 2016
  • Current Sale Recording Date: Oct 14, 2016
  • Current Sale Transaction ID: 1827492261
  • Current Sale Price: $138,888
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7337587

    Last Sale Mortgage

  • First Mortgage Lender: LEND SMART MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 14, 2016
  • First Mortgage Loan Amount: $128,888
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 504 North Lewis Avenue located in?
The 504 North Lewis Avenue is a located in the neighborhood of Waukegan in Waukegan, Waukegan.
What is the average sales price for listings in 504 North Lewis Avenue?
The average sales price for units in 504 North Lewis Avenue is $0 currently.

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