NOT LISTED FOR SALE

1220 S Lorraine Rd Unit 3E Wheaton, IL 60189

Southeast Wheaton Neighborhood

Estimated Value: $146,219 - $190,000

1 Bed
1 Bath
837 Sq Ft
$189/mo HOA Fee

Last Sold September 23, 2022

Last sale price $115,000 $137 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,194/month

14 Days on Market

Highlights

  • Lock-and-Leave Community
  • Park
  • Combination Dining and Living Room
  • Lincoln Elementary School Rated A
  • Laundry Room
  • 3-minute walk to Presidents Park

About This Home

As of September 2022

CONDO ON THE 3RD FLOOR FEATURING 1 BEDROOM & 1 BATH, SPACIOUS LIVING ROOM WITH LARGE BALCONY OVERLOOKING POND AND TREES, SEPARATE DINING SPACE, OPEN FLOOR PLAN, SECURE ENTRY & ASSIGNED PARKING SPACE. ASSESSMENT FEES INCLUDE HEAT, WATER, EXTERIOR MAINTENANCE, LAWN CARE, SCAVENGER AND SNOW REMOVAL. QUIET BUT CONVENIENT LOCATION CLOSE TO COD, HIGHWAYS, SHOPPING, TRAIN, BUS AND PRESIDENT'S PARK.

Last Agent to Sell the Property

Jack Kozar

Kozar Real Estate Group License #471018528 Listed on: 08/04/2022

Last Buyer's Agent

Usman Taj

Baird & Warner License #475181654

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,556

Year Built

  • Built in 1974

Lot Details

  • 1.82

HOA Fees

  • $189 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 837 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 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

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, gas, lawn care
  • 12 Units
  • Lorraine Court Condo Associatio Association, Phone Number (630) 985-2500
  • Property managed by MC Property Management Corp
  • Lock-and-Leave Community

Amenities

  • Coin Laundry
  • Community Storage Space

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Pet Size Limit
  • Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,556

Year Built

Built in 1974

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1974
  • 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
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 837
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Visitor Parking
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Neutered and/or Declawed Only, Size Limit
  • Association Fee: 189
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Storage, Park, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: MC Property Management Corp
  • Management Contact Name: Lorraine Court Condo Associatio
  • Management Phone: 630-985-2500
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Lawn Care

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1556.36
  • Tax Year: 2021

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Sep 21, 2022
Sold by
Zinowicz Andrew and Zinowicz Tanya
Bought by
Lekbiri Abdelouahed
Seller's Agent
Jack Kozar
Kozar Real Estate Group
Buyer's Agent
Usman Taj
Baird & Warner
List Price
$115,000
Sold Price
$115,000
Views
59
Current Estimated Value
$158,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,305
Avg. Annual Appreciation
10.57%
Original Mortgage
$71,000
Outstanding Balance
$68,049
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$90,256

Purchase Details

Listed on
May 22, 2013
Closed on
Jul 31, 2013
Sold by
Pearson Larry and Pearson Jeri
Bought by
Zinowicz Andrew
Seller's Agent
Mary Hartman
Coldwell Banker Realty
Buyer's Agent
Richard Zinowicz
Coldwell Banker Residential
List Price
$69,900
Sold Price
$49,000
Premium/Discount to List
-$20,900
-29.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%

Purchase Details

Closed on
Sep 17, 2005
Sold by
Pearson Larry and Pearson Jeri
Bought by
Pearson Larry and Pearson Jeri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lekbiri Abdelouahed $115,000 First American Title
Zinowicz Andrew $49,000 Fidelity National Title
Pearson Larry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lekbiri Abdelouahed $71,000
Previous Owner Pearson Larry $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2022 09/23/22 Sold $115,000 0.0% $137 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $115,000 0.0% $137 / Sq Ft
08/14/2022 08/14/22 Pending -- -- --
08/13/2022 08/13/22 Price Changed $115,000 -8.0% $137 / Sq Ft
08/04/2022 08/04/22 For Sale $125,000 +155.1% $149 / Sq Ft
07/31/2013 07/31/13 Sold $49,000 -18.2% $59 / Sq Ft View Prior Sale
07/02/2013 07/02/13 Pending -- -- --
06/17/2013 06/17/13 Price Changed $59,900 -14.3% $72 / Sq Ft
05/22/2013 05/22/13 For Sale $69,900 -- $84 / 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 $2,033 $39,545 $6,095 $33,450
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: 11483970

Midwest Real Estate Data (MRED)

APN: 05-22-132-019