NOT LISTED FOR SALE

1316 Lorraine Place Waukegan, IL 60085

Estimated Value: $187,000 - $216,057

3 Beds
2 Baths
988 Sq Ft
$204/Sq Ft Est. Value

Last Sold November 26, 2012

Last sale price $39,000 $39 Per Sq Ft

Est. 417% increase in value since last sale

Current estimated payment $1,488/month

122 Days on Market

About This Home

As of November 2012

GREAT SOLID BRICK CONSTRUCTION, HARDWOOD FLOORS ON MOST OF THE HOME. CERAMIC IN KITCHEN. NEEDS SOME WORK BUT HAS GREAT POTENTIAL, GREAT AFFORABLE PRICE MAKES IT VERY DESIRABLE AND PERFECT FOR THE PERSON WILLING TO DO LITTLE AND GET A GREAT HOME TO LIVE ON.

Last Agent to Sell the Property

Jorge Trujillo

Re/Max American Dream Listed on: 02/28/2012

Re/Max American Dream

Last Buyer's Agent

Naomi Campbell

Coldwell Banker Realty License #475129084

Coldwell Banker Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,012

Year Built

  • 1962

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$5,012

Year Built

1962

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 6
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 11X9
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 10X10
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 10X10
  • Third Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 15X14
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: 9X10
  • Dining Room Flooring: Hardwood
  • Kitchen Level: Main Level
  • Kitchen Size: 9X10
  • Kitchen Flooring: Ceramic/Porcelain Tile

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Driveway: Asphalt

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Heat/Fuel: Gas
  • Sewer: Sewer-Storm

Schools

  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 50 X 129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2012
Closed on
Nov 26, 2012
Sold by
Melecio Adalberto and Melecio Paula
Bought by
Petre Magevalena
Seller's Agent
Jorge Trujillo
Re/Max American Dream
Buyer's Agent
Naomi Campbell
Coldwell Banker Realty
List Price
$50,000
Sold Price
$39,000
Premium/Discount to List
-$11,000
-22%
Current Estimated Value
$201,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,764
Avg. Annual Appreciation
13.74%

Purchase Details

Closed on
Nov 20, 1998
Sold by
Vaughn James A and Vaughn Mattie M
Bought by
Melecio Adalberto and Melecio Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
7.5%
Source: Public Records

Range of Values:

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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
Petre Magevalena $39,000 Fidelity National Title
Melecio Adalberto $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melecio Adalberto $90,250
Closed Melecio Adalberto $3,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2012 11/26/12 Sold $39,000 -2.5% $39 / Sq Ft
06/29/2012 06/29/12 Pending -- -- --
06/05/2012 06/05/12 Price Changed $40,000 -11.1% $40 / Sq Ft
05/16/2012 05/16/12 Price Changed $45,000 -4.3% $46 / Sq Ft
05/01/2012 05/01/12 Price Changed $47,000 -6.0% $48 / Sq Ft
02/28/2012 02/28/12 For Sale $50,000 -- $51 / 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 $5,012 $59,365 $7,180 $52,185
2023 $4,445 $53,150 $6,428 $46,722
2022 $4,445 $45,467 $5,707 $39,760
2021 $4,100 $39,329 $5,091 $34,238
2020 $4,153 $36,640 $4,743 $31,897
2019 $4,180 $33,574 $4,346 $29,228
2018 $4,120 $31,863 $6,150 $25,713
2017 $4,010 $28,190 $5,441 $22,749
2016 $3,785 $24,496 $4,728 $19,768
2015 $3,704 $21,925 $4,232 $17,693
2014 $2,030 $12,901 $3,833 $9,068
2012 $3,485 $22,868 $4,153 $18,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08006093

Midwest Real Estate Data (MRED)

APN: 08-17-201-013