NOT LISTED FOR SALE

1325 Lorraine Place Waukegan, IL 60085

Estimated Value: $164,000 - $190,000

3 Beds
1 Bath
1,050 Sq Ft
$171/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $135,500 $129 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,216/month

35 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • 1-minute walk to Armory Park
  • Corner Lot

About This Home

As of February 2024

This fantastic ranch home home sits on a nice corner lot! Conveniently located near restaurants, stores & schools. X-tra Large living room, updated full bath, 3 nice-sized bedrooms, all with Wood laminate flooring throughout. The perfectly updated kitchen boasts loads of cabinets with table space, plus a dining room perfect for entertaining. Don't miss this wonderful opportunity.

Last Agent to Sell the Property

Luz Marin

Century 21 Circle License #471020909 Listed on: 12/03/2023

Century 21 Circle

Last Buyer's Agent

Tomas J Gomez

Freedom Realty License #471002378

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,907

Year Built

  • Built in 1962

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 65x100
  • Corner Lot

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • Formal Dining Room
  • Laminate Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,907

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: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors
  • LivingArea: 1050
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1050
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1050
  • Total Sq Ft: 1050
  • Main Level Sq Ft: 1050
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 154900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • 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: 0.25
  • Lot Dimensions: 65X100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2907.06
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2023
Closed on
Feb 7, 2024
Sold by
Trujillo Emilio
Bought by
Rosas Maria De Jesus Jai
Seller's Agent
Luz Marin
Century 21 Circle
Buyer's Agent
Tomas J Gomez
Freedom Realty
List Price
$154,900
Sold Price
$135,500
Premium/Discount to List
-$19,400
-12.52%
Views
156
Current Estimated Value
$179,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,385
Avg. Annual Appreciation
16.09%

Purchase Details

Closed on
Sep 4, 1996
Sold by
Lavelle Tony
Bought by
Trujillo Emilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,364
Interest Rate
8.27%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 1993
Sold by
Bank Of Waukegan
Bought by
Lavelle Tony
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
Rosas Maria De Jesus Jai $135,500 Chicago Title
Trujillo Emilio $73,500 --
Lavelle Tony $33,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trujillo Emilio $73,364
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $135,500 -12.5% $129 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
12/03/2023 12/03/23 For Sale $154,900 -- $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 $3,142 $46,150 $7,244 $38,906
2023 $2,908 $41,318 $6,485 $34,833
2022 $2,908 $35,746 $5,757 $29,989
2021 $2,602 $30,960 $5,136 $25,824
2020 $2,589 $28,843 $4,785 $24,058
2019 $2,553 $26,430 $4,385 $22,045
2018 $2,532 $25,964 $6,205 $19,759
2017 $2,432 $22,971 $5,490 $17,481
2016 $2,157 $19,961 $4,771 $15,190
2015 $2,004 $17,865 $4,270 $13,595
2014 $2,162 $18,319 $3,833 $14,486
2012 $2,900 $19,846 $4,153 $15,693
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11932951

Midwest Real Estate Data (MRED)

APN: 08-17-202-003