NOT LISTED FOR SALE

1240 S Lorraine Rd Unit 3A Wheaton, IL 60189

Southeast Wheaton Neighborhood

Estimated Value: $114,735

2 Beds
1 Bath
1,050 Sq Ft
$241/mo HOA Fee

Last Sold March 06, 2019

Last sale price $88,000 $84 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,120/month

155 Days on Market

Highlights

  • Breakfast Bar
  • Property is near a bus stop
  • Southern Exposure
  • Lincoln Elementary School Rated A
  • Baseboard Heating
  • 2-minute walk to Presidents Park

About This Home

As of March 2019

Spacious 2 bedroom, 1 bath 3rd floor unit adjacent to President's Park. Enjoy the updated kitchen with newer white cabinets, brand new countertops, new flooring and a new sink. Master bedroom has a double closet so storage space won't be an issue. Newer flooring throughout. Large family room and dining room. Relax on the balcony overlooking the courtyard. Exterior parking space. Storage space and laundry in the building. Close to College of DuPage, I355 and 88. No dogs. HOA has confirmed unit cannot be rented.

Last Listed By

Michelle Lawler

GC Realty and Development License #475135444 Listed on: 08/23/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,884

Year Built

  • 1974

Lot Details

  • 1.82

HOA Fees

  • $241 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Breakfast Bar
  • Oven or Range

Parking

  • Parking Available
  • Parking Included in Price

Utilities

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

Additional Features

  • Southern Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,884

Year Built

1974

Lot Details

0

HOA Fees

$241 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Unit Floor Level: 3
  • 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: 3
  • Year Built: 1974

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 16X13, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Refrigerator
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 13X10, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 1050
  • Dining Room Type: Combined w/ LivRm

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, Baseboard

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: 241
  • Management Contact Name: Tim Aranjo
  • Management Phone: 630-776-5920

Fee Information

  • Management Company: Lorraine Court Condo Ass.

Schools

  • School District: 200
  • Elementary School: Lincoln Elementary School
  • Middle School: Edison Middle School
  • High School: Wheaton Warrenville South H S
  • Junior High Dist: 200

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 0522132031

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 3

Tax Info

  • Taxes: 1812.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Feb 26, 2019
Sold by
Nelson Janelle and Kwee Janelle Lynne
Bought by
Laux Anna
Seller's Agent
Michelle Lawler
GC Realty and Development
Buyer's Agent
Patrick Roach
Southwestern Real Estate, Inc.
List Price
$99,999
Sold Price
$88,000
Premium/Discount to List
-$11,999
-12%
Total Days on Market
155
Current Estimated Value
$114,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,735
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
Nov 8, 2013
Sold by
Rinsema Judd L and Rinsema Linda J
Bought by
Vonalmen Lewis and Von Almen Judith

Purchase Details

Closed on
Jun 27, 2002
Sold by
Schroeder David H and Schroeder Irene S
Bought by
Nelson Janelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.82%
Mortgage Type
Unknown

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
Laux Anna $88,000 Landtrust National Title Ser
Vonalmen Lewis $135,000 Bt
Nelson Janelle $95,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Janelle L $72,400
Previous Owner Nelson Janelle L $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2019 03/06/19 Sold $88,000 -12.0% $84 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
11/06/2018 11/06/18 For Sale $99,999 0.0% $95 / Sq Ft
09/30/2018 09/30/18 Pending -- -- --
09/15/2018 09/15/18 For Sale $99,999 0.0% $95 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $99,999 0.0% $95 / Sq Ft
08/25/2018 08/25/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $99,999 -- $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
2023 $2,884 $42,670 $5,610 $37,060
2022 $2,315 $33,430 $5,300 $28,130
2021 $2,309 $32,630 $5,170 $27,460
2020 $2,303 $32,320 $5,120 $27,200
2019 $2,252 $31,460 $4,980 $26,480
2018 $1,983 $27,380 $4,330 $23,050
2017 $1,812 $24,420 $3,860 $20,560
2016 $1,792 $23,450 $3,710 $19,740
2015 $1,783 $22,370 $3,540 $18,830
2014 $2,923 $36,050 $3,510 $32,540
2013 $2,848 $36,160 $3,520 $32,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10060479

Midwest Real Estate Data (MRED)

APN: 05-22-132-031