NOT LISTED FOR SALE

1220 S Lorraine Rd Unit 2A Wheaton, IL 60189

Southeast Wheaton Neighborhood

Estimated Value: $237,046

3 Beds
1.5 Baths
1,209 Sq Ft
$359/mo HOA Fee

Last Sold September 21, 2023

Last sale price $198,000 $164 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,893/month

Highlights

  • Water Views
  • Property is near a park
  • Stainless Steel Appliances
  • Lincoln Elementary School Rated A
  • End Unit
  • 3-minute walk to Presidents Park

About This Home

As of September 2023

Beautifully updated 3 bedroom condo in desirable Wheaton location. Walk into a stunning brights space with brand new laminate flooring, large open kitchen with new stainless steel appliances, quartz counter tops. Three spacious bedrooms with good closet space, and 2 beautiful modern remodeled bathrooms. Located conveniently just minutes from I-355, College of DuPage, Shopping, Dining, Banks, and backing to Presidents Park. Don't forget the top rated Wheaton Schools. Assessment fee includes HEAT, WATER, EXTERIOR MAINTENANCE, LAWN CARE, SCAVENGER & SNOW REMOVAL. Storage unit #8, laundry and bike room located on the first floor. 1 assigned parking spot #7. Investors welcome. Rentals allowed!

Last Agent to Sell the Property

Ream Masoud

Dream Realty Services License #471007392 Listed on: 09/17/2023

Last Buyer's Agent

Nikunj Joshi

Dream Realty Services License #475185103

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,104

Year Built

  • Built in 1974 | Remodeled in 2023

Lot Details

  • End Unit
  • Zero Lot Line

HOA Fees

  • $359 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Flexicore

Interior Spaces

  • 1,209 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Water Views
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet

Home Security

Parking

  • 1 Parking Space
  • Driveway
  • Uncovered Parking
  • Visitor Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Lincoln Elementary School
  • Edison Middle School
  • Wheaton Warrenville South H S High School

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water

Additional Features

  • Balcony
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 22 Units
  • Ashley Association, Phone Number (630) 985-2500
  • Lorraine Court Condos Subdivision
  • Property managed by Mc Property Management

Amenities

  • Common Area
  • Coin Laundry
  • Community Storage Space

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,104

Year Built

Built in 1974 | Remodeled in 2023

Lot Details

0

HOA Fees

$359 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Lorraine Court Condos
  • Year Built: 1974
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Gas Cooktop
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors, Flexicore, Walk-In Closet(s)
  • LivingArea: 1209
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai, Foyer, Walk In Closet
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 1209
  • Basement Description: Slab
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1209
  • Total Sq Ft: 1209
  • Main Level Sq Ft: 1209
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 205000
  • Lot Features: Common Grounds, Park Adjacent, Sidewalks, Streetlights, Water View
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Visitor Parking
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Electric: Circuit Breakers
  • Heating: Steam, Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 359
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Storage, Park
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Mc Property Management
  • Management Contact Name: Ashley
  • Management Phone: 630-985-2500
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Wheaton Warrenville South H S
  • Middle/Junior School: Edison Middle School
  • Middle/Junior School District: 200

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: Yes

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2104.14
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2023
Closed on
Aug 31, 2023
Sold by
Abdulaj Alfredi and Abdulaj Malvina
Bought by
Hmz 108 Llc
Seller's Agent
Ream Masoud
Dream Realty Services
Buyer's Agent
Nikunj Joshi
Dream Realty Services
List Price
$205,000
Sold Price
$198,000
Premium/Discount to List
-$7,000
-3.41%
Views
8
Current Estimated Value
$237,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,046
Avg. Annual Appreciation
5.01%
Original Mortgage
$153,600
Outstanding Balance
$147,385
Interest Rate
6.55%
Estimated Equity
$70,944

Purchase Details

Listed on
Dec 22, 2022
Closed on
Jan 10, 2023
Sold by
Horton Mary C
Bought by
Abdulaj Alfredi and Kola Malvina
Seller's Agent
Dave Goddard
Garry Real Estate
Buyer's Agent
Ream Masoud
Dream Realty Services
List Price
$129,896
Sold Price
$121,000
Premium/Discount to List
-$8,896
-6.85%
Views
169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.16%
Source: Public Records

Range of Values:

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List Price
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
Hmz 108 Llc $198,000 First American Title
Abdulaj Alfredi $121,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hmz 108 Llc $153,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $198,000 -3.4% $164 / Sq Ft
09/18/2023 09/18/23 For Sale $205,000 +69.4% $170 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
01/12/2023 01/12/23 Sold $121,000 -6.8% $100 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
12/22/2022 12/22/22 For Sale $129,896 -- $107 / 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
2024 $3,383 $52,495 $6,095 $46,400
2023 $3,167 $46,860 $5,610 $41,250
2022 $2,535 $36,600 $5,300 $31,300
2021 $2,104 $35,730 $5,170 $30,560
2020 $2,094 $35,390 $5,120 $30,270
2019 $2,037 $34,450 $4,980 $29,470
2018 $1,737 $29,980 $4,330 $25,650
2017 $1,539 $26,730 $3,860 $22,870
2016 $1,503 $25,670 $3,710 $21,960
2015 $1,474 $24,490 $3,540 $20,950
2014 $2,733 $39,710 $3,510 $36,200
2013 $2,664 $39,830 $3,520 $36,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11887613

Midwest Real Estate Data (MRED)

APN: 05-22-132-007