NOT LISTED FOR SALE

1340 Lorraine Place Waukegan, IL 60085

Estimated Value: $199,338 - $241,000

4 Beds
2 Baths
864 Sq Ft
$249/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $90,000 $104 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,498/month

6 Days on Market

Highlights

  • Ranch Style House
  • Galley Kitchen
  • Forced Air Heating System
  • Fenced Yard
  • Bathroom on Main Level
  • 1-minute walk to Armory Park

About This Home

As of August 2015

NICELY UPDATED GARDEN HOME IN A GREAT NORTH SIDE LOCATION! NEW CARPET & FLOORING! UPDATED KITCHEN AND BATHS! THIS HOME OFFERS 4 BR'S & 2 FULL BATHS! COMBINED WITH BASEMENT- OVER 1700 SQ FT OF LIVING SPACE! PERFECT FOR 1ST TIME HOME BUYER OR INVESTOR! FHA/VA BUYERS WELCOME! OWN FOR LESS THAN RENT! FENCED YARD! ACROSS FROM ARMORY PARK! CLOSE TO SHOPPING, SCHOOLS, GREAT LAKES, ETC! TRADITIONAL SALE & CAN CLOSE QUICK!

Last Agent to Sell the Property

Naomi Campbell

Coldwell Banker Realty License #475129084 Listed on: 06/17/2015

Coldwell Banker Realty

Co-Listed By

Audrey Tuohy

Core Realty & Investments

Last Buyer's Agent

Hersain Rodriguez

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,280

Year Built

  • 1955

Lot Details

  • 6,534

Home Design

  • Ranch Style House
  • Slab Foundation
  • Aluminum Siding

Kitchen

  • Galley Kitchen
  • Oven or Range

Finished Basement

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

Parking

  • Parking Available
  • Driveway
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Laminate Flooring
  • Bathroom on Main Level
  • Fenced Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,280

Year Built

1955

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Refrigerator
  • Equipment: Ceiling Fan
  • Basement: Full
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X8, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: 11X9, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Dimensions: 11X8, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X9, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X9, On Level: Main Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 17X12, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 864
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 25X12, On Level: Basement, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Acreage: 0.1577

Garage/Parking

  • Number of Cars: 3
  • Parking: Space/s
  • Parking Details: Side Apron
  • Number Parking Spaces: 3
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 60
  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 50 X 125
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 08172010070000

Tax Info

  • Taxes: 1812.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2015
Closed on
Jul 30, 2015
Sold by
Chicago Title Land Trust Company
Bought by
Aguirre Artemio and Acosta Rosa M
Seller's Agent
Naomi Campbell
Coldwell Banker Realty
Buyer's Agent
Hersain Rodriguez
Baird & Warner
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%
Current Estimated Value
$215,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,335
Avg. Annual Appreciation
8.41%
Original Mortgage
$88,369
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 27, 2015
Closed on
Mar 11, 2015
Sold by
D Anconia Consulting Group Llc
Bought by
Chicago Title Land Trust and Trust #8002367121
Seller's Agent
Jim Cacioppo
Grand Realty Group, Inc.
Buyer's Agent
Audrey Tuohy
Core Realty & Investments
List Price
$59,000
Sold Price
$50,000
Premium/Discount to List
-$9,000
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
369.65%

Purchase Details

Listed on
Mar 5, 2012
Closed on
Aug 16, 2012
Sold by
Secretary Of Hud Of Washington Dc
Bought by
Danconia Consulting Llc
Seller's Agent
Christian Chase
Chase Real Estate LLC
Buyer's Agent
Danny Likoudis
Barr Agency, Inc
List Price
$47,000
Sold Price
$27,000
Premium/Discount to List
-$20,000
-42.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.45%

Purchase Details

Closed on
Jun 24, 2011
Sold by
Hernandez Marco A and Fifth Third Mortgage Company
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 20, 2004
Sold by
Hernandez Mario L and Hernandez Marco A
Bought by
Hernandez Marco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,800
Interest Rate
5.74%
Mortgage Type
FHA
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
Aguirre Artemio $90,000 First American Title
Chicago Title Land Trust $50,000 Imperial Land Title
Danconia Consulting Llc -- Multiple
The Secretary Of Housing & Urban Develop -- None Available
Hernandez Marco A -- Ticor Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguirre Artemio $88,369
Previous Owner Hernandez Marco A $107,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2015 08/07/15 Sold $90,000 -10.0% $104 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $100,000 +100.0% $116 / Sq Ft
03/20/2015 03/20/15 Sold $50,000 -15.3% $58 / Sq Ft
03/03/2015 03/03/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $59,000 +118.5% $68 / Sq Ft
09/04/2012 09/04/12 Sold $27,000 -28.2% $31 / Sq Ft
06/07/2012 06/07/12 Pending -- -- --
05/16/2012 05/16/12 Price Changed $37,600 -11.1% $44 / Sq Ft
04/19/2012 04/19/12 Price Changed $42,300 -10.0% $49 / Sq Ft
03/05/2012 03/05/12 For Sale $47,000 -- $54 / 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 $4,280 $50,697 $7,673 $43,024
2023 $3,874 $45,389 $6,870 $38,519
2022 $3,874 $39,628 $6,099 $33,529
2021 $3,577 $34,312 $5,440 $28,872
2020 $3,624 $31,966 $5,068 $26,898
2019 $3,647 $29,292 $4,644 $24,648
2018 $3,514 $28,247 $6,573 $21,674
2017 $3,278 $23,045 $5,816 $17,229
2016 $3,095 $20,025 $5,054 $14,971
2015 $3,027 $17,922 $4,523 $13,399
2014 $1,813 $11,521 $3,833 $7,688
2012 $3,842 $19,850 $4,153 $15,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08956682

Midwest Real Estate Data (MRED)

APN: 08-17-201-007