NOT LISTED FOR SALE

1220 S Lorraine Rd Unit 1G Wheaton, IL 60189

Southeast Wheaton Neighborhood

Estimated Value: $174,000 - $194,410

2 Beds
2 Baths
1,054 Sq Ft
$258/mo HOA Fee

Last Sold October 28, 2015

Last sale price $88,000 $83 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,408/month

28 Days on Market

Highlights

  • Breakfast Bar
  • Patio
  • Bathroom on Main Level
  • Lincoln Elementary School Rated A
  • Storage
  • 3-minute walk to Presidents Park

About This Home

As of October 2015

Estate sale - sold as is- can close quickly. Spacious 1st floor corner unit with open view from MB to green area; private patio. Newer windows, patio doors, lots of closet space. Coin laundry & storage locker, bike area, steps across hallway. Wheaton College and College of DuPage nearby as is train & bus. Heat, water and gas included in monthly association fee. Unit is clean, just needs some updating.

Last Listed By

Maija Zaimins

Weichert, Realtors - All Pro License #471011123 Listed on: 08/17/2015

Weichert, Realtors - All Pro

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,802

Year Built

  • 1974

Lot Details

  • 1.82

HOA Fees

  • $258 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Bathroom on Main Level
  • Storage
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Oven or Range

Parking

  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,802

Year Built

1974

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Unit Floor Level: 1
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1974
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1974

Interior Features

  • Interior Property Features: 1st Floor Laundry, 1st Floor Full Bath, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X16, On Level: Main Level, Flooring: Carpet, Windows: Shades
  • Appliances: Oven/Range, Refrigerator
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Half
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 1X1, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Estimated Sq Ft: 1054
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Patio
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Street
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Radiant

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Storage, Park/Playground, Security Door Locks
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 258
  • Management Contact Name: Tim Aranejo - Brd. Assoc. Pres.
  • Management Phone: 630-690-2370

Fee Information

  • Management Company: Lorraine Court Condo Association

Schools

  • School District: 200
  • Junior High Dist: 200

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 0522132005

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 3

Tax Info

  • Taxes: 329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2021
Sold by
Gilbert Shirley M
Bought by
Kusek Michael Steven and Piper Sara Elizabeth
Total Days on Market
28
Current Estimated Value
$180,353

Purchase Details

Listed on
Aug 17, 2015
Closed on
Oct 28, 2015
Sold by
Kraus David Laroy and Estate Of Eleanore Mae Kraus
Bought by
Gilbert Shirley M
Seller's Agent
Maija Zaimins
Weichert, Realtors - All Pro
Buyer's Agent
Dominic Levita
Providence Residential Brokerage LLC
List Price
$91,000
Sold Price
$88,000
Premium/Discount to List
-$3,000
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$70,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gilbert Shirley M $88,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Shirley M $62,000
Closed Gilbert Shirley M $70,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2015 10/28/15 Sold $88,000 -3.3% $83 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
08/17/2015 08/17/15 For Sale $91,000 -- $86 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2023 $1,802 $42,660 $5,610 $37,050
2022 $1,899 $33,420 $5,300 $28,120
2021 $1,884 $32,620 $5,170 $27,450
2020 $1,875 $32,310 $5,120 $27,190
2019 $1,822 $31,450 $4,980 $26,470
2018 $1,549 $27,380 $4,330 $23,050
2017 $1,367 $24,420 $3,860 $20,560
2016 $1,334 $23,450 $3,710 $19,740
2015 $333 $22,370 $3,540 $18,830
2014 $339 $36,060 $3,510 $32,550
2013 $329 $36,170 $3,520 $32,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09013661

Midwest Real Estate Data (MRED)

APN: 05-22-132-005