NOT LISTED FOR SALE

1220 S Lorraine Rd Unit 3F Wheaton, IL 60189

Southeast Wheaton Neighborhood

Estimated Value: $118,000 - $165,205

1 Bed
1 Bath
837 Sq Ft
$190/mo HOA Fee

Last Sold May 28, 2019

Last sale price $70,000 $84 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,107/month

15 Days on Market

Highlights

  • Storage
  • Hot Water Heating System
  • 3-minute walk to Presidents Park
  • Lincoln Elementary School Rated A

About This Home

As of May 2019

Enjoy this 1 Bed, 1 bath affordable condo in an all brick building behind Presidents Park. Enjoy open floor plan, secure building entry, assigned parking space & balcony. First-floor laundry, bike room & generous storage lockers. Great Start! Assessment fee covers, exterior maintenance, lawn care, scavenger & snow removal. Heat is included with HOA fee. Quiet location close to College of Dupage, highways, shopping, train, bus and much more! Do not miss out on this opportunity! Unit is sold "As-Is". Investors welcome but must be owner-occupied after any rehab work.

Last Agent to Sell the Property

Libby Johnson

Envision Real Estate LLC License #471014419 Listed on: 04/10/2019

Last Buyer's Agent

Greg Bach

Coldwell Banker Realty License #475125847

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,033

Year Built

  • 1974

Lot Details

  • 1.82

HOA Fees

  • $190 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Laundry on main level

Parking

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,033

Year Built

1974

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 3
  • 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
  • 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: 16X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 11X9, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 837

Exterior Features

  • Exterior Building Type: Brick

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, Indv Controls

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK
  • Assessment Includes: Heat, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Master Association Fee: Yes
  • Master Association Fee: 220
  • Assessment Association Fees: 190
  • Management Contact Name: Jim
  • Management Phone: 630-681-9400

Fee Information

  • Management Company: Lorraine Court Condominium Association

Schools

  • Junior High Dist: 200

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 0522132020

Multi Family

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

Tax Info

  • Taxes: 738.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
May 24, 2019
Sold by
Verner Candice
Bought by
Mcclure Kevin D
Seller's Agent
Libby Johnson
Envision Real Estate LLC
Buyer's Agent
Greg Bach
Coldwell Banker Realty
List Price
$79,000
Sold Price
$70,000
Premium/Discount to List
-$9,000
-11.39%
Current Estimated Value
$141,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,551
Avg. Annual Appreciation
11.44%
Original Mortgage
$66,500
Outstanding Balance
$58,348
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$83,203

Purchase Details

Closed on
Feb 21, 2019
Sold by
Meek Edward J and Estate Of Donald M Barrick
Bought by
Verner Candice

Purchase Details

Closed on
Mar 24, 1995
Sold by
Bank Of Lyons
Bought by
Barrick Donald M
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
Mcclure Kevin D $70,000 Chicago Title Insurance Co
Verner Candice -- Attorney
Barrick Donald M $45,000 Law Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclure Kevin D $66,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2019 05/28/19 Sold $70,000 +1.4% $84 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
04/23/2019 04/23/19 Price Changed $69,000 -12.7% $82 / Sq Ft
04/10/2019 04/10/19 For Sale $79,000 -- $94 / 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 $1,145 $26,990 $4,980 $22,010
2018 $905 $23,490 $4,330 $19,160
2017 $738 $20,940 $3,860 $17,080
2016 $696 $20,110 $3,710 $16,400
2015 $653 $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: MRD10339018

Midwest Real Estate Data (MRED)

APN: 05-22-132-020