NOT LISTED FOR SALE

1220 S Lorraine Rd Unit 3D Wheaton, IL 60189

Southeast Wheaton Neighborhood

Estimated Value: $129,000 - $161,000

1 Bed
1 Bath
837 Sq Ft
$202/mo HOA Fee

Last Sold February 04, 2022

Last sale price $113,000 $135 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,186/month

51 Days on Market

Highlights

  • Combination Kitchen and Dining Room
  • Lincoln Elementary School Rated A
  • 3-minute walk to Presidents Park

About This Home

As of February 2022

Come see this newly remodeled 1bedroom, 1 bathroom unit that features all new luxury vinyl flooring throughout the unit. The kitchen features all new cabinets, granite countertop, new stainless-steel appliances, fan, and pantry. The bathroom has a new vanity, toilet, and the bathtub/shower area has new ceramic tile with an inlet for your personal items. There is large closet with shelving in the bathroom. The bedroom is spacious and has a large walk-in closet that has a barndoor to safe space in the bedroom area. The large bright family room has a sliding door to the balcony which overlooks the courtyard. This unit is close to downtown Wheaton and Glen Ellyn for restaurants and entertainment. It is close to shopping needs, buses, train stations and the expressway. This unit is in a quite building, next to Wheaton's renovated Presidents Park. The condo is move-in ready! Illinois State Licensed Broker Associate has financial interest in the Unit.

Last Listed By

Randall Simpson

Exit Realty Redefined License #475188523 Listed on: 11/04/2021

Exit Realty Redefined

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,919

Year Built | Renovated

  • 1974 | 2021

Lot Details

  • 1.82

HOA Fees

  • $202 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Kitchen and Dining Room

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Community Details

Overview

  • 22 Units
  • Tim Arango Association, Phone Number (630) 675-0813

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,919

Year Built | Renovated

1974 | 2021

Lot Details

0

HOA Fees

$202 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2021
  • Co List Office Mls Id: MRD25046
  • Co List Office Phone: (630) 480-4555
  • Directions: From Roosevelt Rd. in Wheaton go to Lorraine Rd. Go south on Lorraine to 1220 S. Lorraine which is on the West side of the road. The Unit is in the first entrance of the building. Park in marked parking spaces 5 or 6, or visitors.
  • Lot Size: CONDO
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1974
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Dining Room Type: Balcony/Porch/Lanai
  • Stories: 3

Exterior Features

  • Roof: Asphalt
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Total Parking Spaces: 1

Utilities

  • Cooling: Window/Wall Unit - 1
  • Heating: Steam, Baseboard, Radiant, Indv Controls
  • Electric: Circuit Breakers
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Self
  • Management Contact Name: Tim Arango
  • Management Phone: 630-675-0813
  • Association Fee: 202
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK

Fee Information

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

Schools

  • Junior High Dist: 200

Lot Info

  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Multi Family

  • Units in Building: 22

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 1548
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Feb 3, 2022
Sold by
Cornerstone Property Solutions Llc
Bought by
Jachimiec Nicholas J
Seller's Agent
Randall Simpson
Exit Realty Redefined
Buyer's Agent
Sean Crafton
Coldwell Banker Realty
Sold Price
$113,000
Total Days on Market
51
Current Estimated Value
$148,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,587
Original Mortgage
$101,700
Outstanding Balance
$96,565
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2020
Sold by
Sand David
Bought by
Cornerstone Property Solutions Llc

Range of Values:

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Average Value
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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
Jachimiec Nicholas J $113,000 Fidelity National Title
Cornerstone Property Solutions Llc $70,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jachimiec Nicholas J $101,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $113,000 -9.2% $135 / Sq Ft
12/26/2021 12/26/21 Pending -- -- --
11/17/2021 11/17/21 For Sale -- -- --
11/13/2021 11/13/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $124,400 -- $149 / 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 $1,986 $28,680 $5,300 $23,380
2021 $1,981 $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 $1,586 $30,560 $3,510 $27,050
2013 $1,547 $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: 11263221

Midwest Real Estate Data (MRED)

APN: 05-22-132-018