NOT LISTED FOR SALE

1240 S Lorraine Rd Unit 1C Wheaton, IL 60189

Southeast Wheaton Neighborhood

Estimated Value: $140,000 - $163,667

1 Bed
1 Bath
845 Sq Ft
$188/mo HOA Fee

Last Sold August 08, 2016

Last sale price $79,900 $95 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,133/month

3 Days on Market

Highlights

  • Property is near a bus stop
  • Southern Exposure
  • 4-minute walk to Presidents Park
  • Lincoln Elementary School Rated A

About This Home

As of August 2016

Very nice, 1st Fl., well cared for Condo. Newer kit. cabinets. Close to many amenities and College of Dupage. Units are Rentable.

Last Agent to Sell the Property

Ed Melka

Baird & Warner License #475084501 Listed on: 06/15/2016

Baird & Warner

Last Buyer's Agent

Adrian Mitocaru

Rexx Real Estate Inc. License #471015064

Property Details

Home Type

  • Condominium

Year Built

  • 1974

Lot Details

  • 1.82

HOA Fees

  • $188 per month

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Parking Included in Price

Utilities

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

Additional Features

  • Southern Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • $2,400 Seller Concession

Property Details

Home Type

Condominium

Year Built

1974

Lot Details

0

HOA Fees

$188 per month

Listing Details

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

Interior Features

  • Number Of Rooms: 3
  • Living Room: Dimensions: 21X13, On Level: Main Level
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 9X2, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level
  • Estimated Sq Ft: 845

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 188
  • Management Contact Name: Tim Aranjo
  • Management Phone: 630-776-5920

Fee Information

  • Management Company: Lorraine Court Condo Ass.

Schools

  • Junior High Dist: 200

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 0522132025

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 2

Tax Info

  • Taxes: 2005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
Aug 8, 2016
Sold by
Gowtham Deborah
Bought by
Miranda Raymond
Seller's Agent
Ed Melka
Baird & Warner
Buyer's Agent
Adrian Mitocaru
Rexx Real Estate Inc.
List Price
$79,900
Sold Price
$79,900
Current Estimated Value
$147,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,267
Avg. Annual Appreciation
6.73%
Original Mortgage
$71,910
Outstanding Balance
$57,871
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$89,296

Purchase Details

Closed on
Sep 20, 2010
Sold by
Konkel Janet A and Janet A Konkel Trust
Bought by
Gowtham Deborah

Purchase Details

Closed on
Oct 22, 2008
Sold by
Konkel Janet A
Bought by
Konkel Janet A and Janet A Konkel Trust

Purchase Details

Closed on
Jul 27, 2001
Sold by
Tiedt Marian
Bought by
Konkel Janet A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miranda Raymond $80,000 First American Title Ins Co
Gowtham Deborah $90,000 Attorneys Title Guaranty Fun
Konkel Janet A -- None Available
Konkel Janet A $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miranda Raymond $71,910
Previous Owner Konkel Janet A $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2016 08/08/16 Sold $79,900 0.0% $95 / Sq Ft
06/18/2016 06/18/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $79,900 -- $95 / 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 $2,049 $39,784 $6,095 $33,689
2023 $1,934 $36,620 $5,610 $31,010
2022 $1,581 $28,830 $5,300 $23,530
2021 $1,567 $28,140 $5,170 $22,970
2020 $1,559 $27,880 $5,120 $22,760
2019 $1,513 $27,140 $4,980 $22,160
2018 $1,276 $23,620 $4,330 $19,290
2017 $1,118 $21,060 $3,860 $17,200
2016 $705 $20,220 $3,710 $16,510
2015 $661 $19,290 $3,540 $15,750
2014 $2,005 $30,730 $3,510 $27,220
2013 $1,955 $30,820 $3,520 $27,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09260031

Midwest Real Estate Data (MRED)

APN: 05-22-132-025