NOT LISTED FOR SALE

124 Lake Lorraine Dr Swansea, IL 62226

Estimated Value: $347,000 - $406,517

3 Beds
3 Baths
3,320 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $326,000 $98 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,675/month

2 Days on Market

Highlights

  • Water Views
  • Primary Bedroom Suite
  • Creek On Lot
  • Wolf Branch Elementary School Rated A-
  • Family Room with Fireplace
  • Ranch Style House

About This Home

As of August 2022

Located in the Desirable Wolf Branch School District, this pristine all BRICK home will bring you so much joy! The u-shaped Kitchen gives you plenty of workspace with quartz counter tops, customized soft close cabinetry including a pull-out pantry, under cabinet lighting, island seating and all of the appliances stay! The Main level also offers a beautiful gas fireplace, designer ceilings, plantation shutters and updated bathrooms. There are 3 bedrooms, with two of them that could possibly both be master bedrooms because of the room size and closet space. The Large finished Walkout Basement offers a 3/4 bath, open floorplan with a rec area (pool table stays), wet bar, built-in shelving, gas fireplace w/remote and a Family Rm with full size windows boasting a lot of natural light. The large treelined Backyard offers so much privacy and has a HUGE brick patio with gorgeous retaining wall. Plus, there is a small creek on the side of the house feeding into the lake. Enjoy the lake view!

Last Agent to Sell the Property

Karen Cornell

Re/Max Signature Properties License #475122278 Listed on: 07/23/2022

Re/Max Signature Properties

Last Buyer's Agent

Bjaye Greer

Re/Max River Bend License #475188953

Re/Max River Bend

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,108

Year Built

  • Built in 1995

Lot Details

  • 0.38 Acre Lot
  • Level Lot
  • Backs to Trees or Woods

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick or Stone Mason

Interior Spaces

  • Wet Bar
  • Built-in Bookshelves
  • Coffered Ceiling
  • Gas Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Ceilings are 8 Feet High
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Creek On Lot
  • Covered Patio or Porch

Schools

  • Whiteside Dist 115 Elementary And Middle School
  • Belleville High School-East

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 08-10.0-401-002

Community Details

Recreation

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,108

Year Built

Built in 1995

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Ranch
  • Special Areas: Bonus Room, Living Room, Main Floor Laundry
  • Special Description: Owner Occupied
  • Age: 27
  • Ownership: Private
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: 8 ft + pour, Bathroom in LL, Fireplace in LL, Full, Partially Finished, Rec/Family Area, Walk-Out
  • Bedroom Types: Divided Bdr Flr Plan, Main Floor Master, Master Bdr. Suite
  • Dining Room: Separate Dining
  • Fireplace Location: Basement, Family Room, Living Room
  • Fireplace Type: Gas
  • Interior Amenities: Built-In Bookcases, Coffered Ceilings, Walk-In Closets, Wetbar
  • Kitchen: Breakfast Bar, Custom Cabinetry, Granite Countertops, Pantry, Solid Surface Counter
  • Lower Full Bathrooms: 1
  • Main Level Bedrooms: 3
  • Main Full Bathrooms: 2
  • Master Bed.: Full Bath
  • Misc Features: Patio, Porch-Covered, Smoke Alarm/Detec
  • Total Living Area: 3320.00
  • Windows/Doors: Some Insulated Wndws
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven-Gas, Refrigerator, Washer
  • Bathrooms: 3.00
  • Bedrooms: 3.00
  • Room Cnt: 14
  • Square Footage: 1660
  • Square Footage Below Grade: 1660
  • Total Full Baths: 3
  • Number Fireplaces: 2

Exterior Features

  • Architecture: Traditional
  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Garage Size: 440
  • Garage Spaces: 2
  • Parking: Attached Garage, Garage Door Opener, Rear/Side Entry

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Condo/Co-op/Association

  • Association Fee: 75
  • Association Fee Frequency: Yearly

Schools

  • School District: Whiteside DIST 115
  • Elementary School: WHITESIDE DIST 115
  • Middle School: WHITESIDE DIST 115
  • High School: Belleville High School-East
  • Elementary School: WHITESIDE DIST 115
  • Junior High School: WHITESIDE DIST 115
  • School District: Whiteside DIST 115
  • Senior High School: Belleville High School-East

Lot Info

  • Lot Description: Backs to Trees/Woods, Creek, Level Lot, Sidewalks, Streetlights, Water View
  • Lot Dimensions: .38 acres
  • Lot Sq Ft: 16553
  • Acres: 0.3800

Tax Info

  • Taxes Paid: 6336
  • Taxes Paid Year: 2021
  • Assessor Parcel Number: 08-10.0-401-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2022
Closed on
Aug 26, 2022
Sold by
Schulte Clifton and Cindy Schulte Joint Living Trust Cindy Schult
Bought by
Wideman Brian
Seller's Agent
Karen Cornell
Re/Max Signature Properties
Buyer's Agent
Bjaye Greer
Re/Max River Bend
List Price
$300,000
Sold Price
$326,000
Premium/Discount to List
$26,000
8.67%
Views
1
Current Estimated Value
$381,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,879
Avg. Annual Appreciation
5.40%
Original Mortgage
$301,150
Outstanding Balance
$287,127
Interest Rate
5%
Mortgage Type
Construction
Estimated Equity
$94,752

Purchase Details

Closed on
Aug 31, 2017
Sold by
Schulte Clifton and Schulte Cynthia A
Bought by
Schulte Schulte R and Schulte Cynthia A

Purchase Details

Closed on
May 6, 2010
Sold by
Judy M Phillips Trust
Bought by
Sebastian Dupree Llc

Purchase Details

Closed on
Oct 20, 2000
Bought by
Schulte Schulte R and Schulte Cynthia A
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
Wideman Brian $326,000 Town & Country Title
Schulte Schulte R -- Attorney
Sebastian Dupree Llc -- None Available
Schulte Schulte R $198,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wideman Brian $301,150
Previous Owner Schulte R Clifton $20,000
Previous Owner Schulte R Clifton $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $326,000 +8.7% $98 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/23/2022 07/23/22 For Sale $300,000 -- $90 / Sq Ft
Source: MARIS MLS

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 $7,108 $94,427 $18,151 $76,276
2023 $6,982 $92,045 $17,900 $74,145
2022 $6,500 $83,829 $16,302 $67,527
2021 $6,336 $80,388 $15,633 $64,755
2020 $6,148 $74,865 $14,559 $60,306
2019 $5,591 $70,424 $14,858 $55,566
2018 $5,439 $68,626 $14,479 $54,147
2017 $2,665 $66,799 $14,093 $52,706
2016 $5,250 $64,496 $13,607 $50,889
2014 -- $71,254 $14,140 $57,114
2013 $4,473 $71,254 $14,140 $57,114
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22034870

MARIS MLS

APN: 08-10.0-401-002