NOT LISTED FOR SALE

1320 Lorraine Place Waukegan, IL 60085

Estimated Value: $180,000 - $196,133

3 Beds
1 Bath
952 Sq Ft
$196/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $86,000 $90 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,344/month

63 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 1-minute walk to Armory Park
  • Living Room

About This Home

As of January 2023

Great opportunity on this ranch style home with basement. It offers approximately 952 square feet of living space with 3 bedrooms and 1 bathroom. Good floor plan. Built in 1962 enhancements and updates are needed to make this home move in but has potential. Property sold "AS-IS" without contingencies, repairs, warranties, guarantees or representation as to listing accuracy, property information, photo or other depiction included or described herein. REO Auction property.

Last Agent to Sell the Property

Val Laborevitch

Realhome Services & Solutions, Inc. License #471019467 Listed on: 10/13/2022

Last Buyer's Agent

Erika Ricardo

Netgar Investments Inc License #471019403

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,914

Year Built

  • Built in 1962

Lot Details

  • 6,403 Sq Ft Lot

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • 952 Sq Ft Home
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,914

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1962
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 952
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1904
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • List Price: 91600
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 0.147
  • Lot Dimensions: 6412
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2914.38
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Jan 10, 2023
Sold by
Deutsche Bank National Trust Company
Bought by
Huitron Ma Del Rocio
Seller's Agent
Val Laborevitch
Realhome Services & Solutions, Inc.
Buyer's Agent
Erika Ricardo
Netgar Investments Inc
List Price
$140,500
Sold Price
$86,000
Premium/Discount to List
-$54,500
-38.79%
Views
72
Current Estimated Value
$186,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,283
Avg. Annual Appreciation
30.88%

Purchase Details

Closed on
Jun 6, 2022
Sold by
Sheriff Of Lake County
Bought by
Securities Asset-Backed Pass-Throughcertifica

Purchase Details

Closed on
Sep 27, 2004
Sold by
Smith Barbara Gale Mccue
Bought by
Garcia Teodora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,622
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2003
Sold by
Washington Julia
Bought by
Mccue Smith Barbara Gale
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Huitron Ma Del Rocio $86,000 --
Securities Asset-Backed Pass-Throughcertifica -- Wirbicki Law Group Llc
Garcia Teodora $120,000 Chicago Title Insurance Comp
Mccue Smith Barbara Gale -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Teodora $112,622
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $86,000 -6.1% $90 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
12/16/2022 12/16/22 Price Changed $91,600 0.0% $96 / Sq Ft
12/08/2022 12/08/22 Price Changed $91,600 -11.4% $96 / Sq Ft
11/15/2022 11/15/22 Price Changed $103,400 -10.0% $109 / Sq Ft
11/15/2022 11/15/22 Price Changed $114,900 0.0% $121 / Sq Ft
10/28/2022 10/28/22 Price Changed $114,900 -18.2% $121 / Sq Ft
10/13/2022 10/13/22 For Sale $140,500 -- $148 / 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 $4,287 $50,782 $7,161 $43,621
2023 $3,248 $45,465 $6,411 $39,054
2022 $3,248 $39,224 $5,692 $33,532
2021 $2,914 $33,954 $5,077 $28,877
2020 $2,856 $31,632 $4,730 $26,902
2019 $2,821 $28,985 $4,334 $24,651
2018 $2,754 $28,075 $6,134 $21,941
2017 $2,630 $24,839 $5,427 $19,412
2016 $2,361 $21,279 $4,716 $16,563
2015 $2,204 $19,045 $4,221 $14,824
2014 $2,423 $19,860 $3,833 $16,027
2012 $3,223 $21,516 $4,153 $17,363
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11652269

Midwest Real Estate Data (MRED)

APN: 08-17-201-012