NOT LISTED FOR SALE

1220 S Lorraine Rd Unit 2E Wheaton, IL 60189

Southeast Wheaton Neighborhood

Estimated Value: $138,000 - $161,000

1 Bed
1 Bath
837 Sq Ft
$196/mo HOA Fee

Last Sold July 25, 2019

Last sale price $94,000 $112 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,191/month

8 Days on Market

Highlights

  • Balcony
  • Storage
  • 3-minute walk to Presidents Park
  • Lincoln Elementary School Rated A
  • Baseboard Heating

About This Home

As of July 2019

Why Rent when you could Own! This Beautiful 1 bedroom/1 bath condo next to Presidents Park! Enjoy open floor plan, secure building entry, assigned parking space & balcony. Spacious Living Room opening to Dining Area and Kitchen, along with Balcony Overlooking the Quiet, Nature Preserve Space! Bike room & generous storage lockers included. Laundry in building! Assessment fee covers, exterior maintenance, lawn care, scavenger & snow removal, and heat! Close to College of DuPage, highways, shopping, train, bus and much more! Do not miss out on this opportunity!

Last Listed By

Sarah Leonard

Legacy Properties, A Sarah Leonard Company, LLC License #475122634 Listed on: 06/10/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,919

Year Built

  • 1974

Lot Details

  • 1.82

HOA Fees

  • $196 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Home Security

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Hot Water Heating System
  • Individual Controls for Heating
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,919

Year Built

1974

Lot Details

0

HOA Fees

$196 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1974
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Low Rise (1-3 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1974

Interior Features

  • Interior Property Features: 1st Floor Laundry, Storage
  • Number Of Rooms: 4
  • Living Room: Dimensions: 17X15, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 10X9, On Level: Main Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Parquet, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Estimated Sq Ft: 837

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Storms/Screens

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • 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: Hot Water/Steam, Baseboard, Indv Controls

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK
  • Common Area Amenities: Security Door Locks
  • Assessment Includes: Heat, Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Master Association Fee: Yes
  • Master Association Fee: 220
  • Assessment Association Fees: 196
  • Management Phone: 630-776-5920

Fee Information

  • Management Company: Lorraine Court Condominium Association

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 0522132011

Multi Family

  • Total Number Unitsin Building: 22
  • Number Stories: 3

Tax Info

  • Taxes: 1266.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Jul 16, 2019
Sold by
Hannon Deanna L
Bought by
Alvarado Mariela
Seller's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
Buyer's Agent
Salvador Hernandez
Century 21 Circle
List Price
$97,500
Sold Price
$94,000
Premium/Discount to List
-$3,500
-3.59%
Total Days on Market
8
Current Estimated Value
$150,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,488
Avg. Annual Appreciation
8.34%
Original Mortgage
$3,760
Interest Rate
3.73%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 13, 2016
Sold by
Hannon Deanna L and Mcconnaughy Deanna L
Bought by
Hannon Deanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,800
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2006
Sold by
Murphy Patrick and Murphy Pamela
Bought by
Mcconnaughy Deanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 30, 2004
Sold by
Murphy Patrick W and Murphy Pamela
Bought by
Murphy Patrick and Murphy Pamela

Purchase Details

Closed on
Apr 4, 2001
Sold by
Lasalle Bank National Assn
Bought by
Murphy Patrick W and Murphy Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.03%

Range of Values:

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Average Value
Not Available
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
Alvarado Mariela $94,000 Fidelity National Title
Hannon Deanna L -- Title 365
Mcconnaughy Deanna L $128,000 First American Title
Murphy Patrick -- --
Murphy Patrick W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarado Mariela $95,060
Closed Alvarado Mariela $3,760
Closed Alvarado Mariela $91,180
Previous Owner Hannon Deanna L $95,800
Previous Owner Mcconnaughy Deanna L $128,000
Previous Owner Murphy Patrick $96,000
Previous Owner Murphy Patrick W $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2019 07/25/19 Sold $94,000 -3.6% $112 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $97,500 -- $116 / 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 $1,919 $36,400 $5,610 $30,790
2022 $1,571 $28,680 $5,300 $23,380
2021 $1,556 $27,990 $5,170 $22,820
2020 $1,548 $27,730 $5,120 $22,610
2019 $1,503 $26,990 $4,980 $22,010
2018 $1,267 $23,490 $4,330 $19,160
2017 $1,109 $20,940 $3,860 $17,080
2016 $1,078 $20,110 $3,710 $16,400
2015 $1,051 $19,190 $3,540 $15,650
2014 $1,991 $30,560 $3,510 $27,050
2013 $1,941 $30,650 $3,520 $27,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10410700

Midwest Real Estate Data (MRED)

APN: 05-22-132-011