See Home Value
Waukegan 60085
534 May Street
$90,000 - $100,000
House - Off Market

534 May Street

Waukegan, IL 60085
bedrooms
2 Beds
bathrooms
1 Bath
square feet
962 Sqft
Sold Jan 17, 2008
Transfer
Hud
Buyer
Seller
$194,000 by North Shore Trust & Savings
Mortgage Due May 01, 2039
Sold Jun 17, 2006
$130,000
$127,991 by Gsf Mortgage Corp
Mortgage Due Jul 01, 2036

About This Property

Don't miss this Great opportunity to purchase a home at a great price!  This 2 bedroom is perfect place for an owner occupied homeowner that doesn't mind  rolling up their sleeves to gain some sweat equity. But this property is also perfect for an investor who does not wants a house with mostly cosmetic minimum repairs. 2 Bedrooms, Separate Living room & Dining room w hardwood floors, full basement & garage. 2018---Newer siding & roof, Updated furnace, hot water tank & 100 amp electric service makes this deal very attractive.

The manager has listed the unit size as 962 square feet.
Unit Size
962Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$104
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1901

Price History

Date / Event Date Event Price
Apr 23, 2024 No longer available -
No longer available
Mar 3, 2024 In contract -
In contract
Feb 23, 2024 Listed $99,975
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1901
  • Effective Year Built: 1901
  • Building Count: 1
  • Total Rooms: 6
  • 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: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 840
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,739
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 390
  • Total Building Area: 1,802
  • Gross Building Area: 1,922
  • Building Area: 962
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 962
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: E A CUMMINGS & COS ADDTO WKGN
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E A CUMMINGS & COS ADDTO WKGN LOT 24 BLOCK 1

Ownership

  • Current Owner : HUD
  • Previous Owner : AVALOS
  • Owner Before Previous Owner: QUIROZ GABRIEL J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Waukegan Community Unit School District 60
  • Census Tract: 862700

Geography

  • Assessors Map Reference: 2537-A3
  • District: WAUKEGAN
  • Parcel: 08-28-309-016
  • Block: 1
  • Lot: 24
  • Municipality: TWP OF WAUKEGAN
  • Latitude: 42.3466
  • Longitude: -87.838

    Address

  • Full Address: 534 May St
  • Address - House Number: 534
  • Address - Street Name: May
  • Address - Suffix Type: St
  • State: IL
  • City Name: Waukegan
  • Carrier Code: C002
  • 4-Digit Zip Code: 7445
  • Zip Code: 60085

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,287
  • Tax Rate Code Area: 9012

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 110,517
  • High Value: 130,497
  • Low Value: 90,536

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,000
  • First Open Lien Mortgage Lender: NORTH SHORE TRUST & SAVINGS
  • First Open Lien Mortgage Recording Date: May 06, 2009
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $194,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: May 01, 2039

    Market Valuation

  • Market Total Value: $102,698
  • Market Land Value: $16,583
  • Market Improvement Value: $86,115

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,229
  • Assessed Land Value: $5,527
  • Assessed Improvements Value: $28,702

    Sales

  • Current Sale Contract Date: Nov 12, 2007
  • Current Sale Recording Date: Jan 17, 2008
  • Current Sale Transaction ID: 11459309181
  • Current Sale Document Type: Legal Action/Court Order
  • Current Sale Input Document Number: 6294837
  • Previous Sale Recording Date: Jun 17, 2006
  • Previous Sale Contract Date: Jun 02, 2006
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: GSF MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 17, 2006
  • Previous Mortgage Loan Amount: $127,991
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2036



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Waukegan


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Nearby Rentals

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$1,845 /mo

  • 1 Bed
  • 1 Bath
  • 786 ft²
115 Lake Street #115 Lake Street - 308 A, Libertyville, IL, 60048 Listing by Manager


Frequently Asked Questions

When was property at 534 May Street built and last sold?
The property at 534 May Street was built in 1901 and last sold on Nov 12, 2007 for $0.
How much is this home worth?
The estimated value of the home located at 534 May Street is $104,019.
What are some comparable homes to 534 May Street?
There are currently no comparable homes to 534 May Street.

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