NOT LISTED FOR SALE

1341 Lorraine Place Waukegan, IL 60085

Estimated Value: $212,000 - $224,516

4 Beds
2 Baths
864 Sq Ft
$253/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $175,000 $203 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,496/month

2 Days on Market

Highlights

  • 1-Story Property
  • Combination Dining and Living Room
  • 1-minute walk to Armory Park

About This Home

As of January 2022

Beautiful remodeled home ready for your family to enjoy. Do not miss the opportunity to be the proud owner of this property. Move in and enjoy. 4 bedrooms and 2 full bathrooms will accommodate the entire family. Excellent location near shopping, restaurants and transportation. Call today and set up your private showing.

Last Agent to Sell the Property

Venny Rivera

eXp Realty License #475115955 Listed on: 12/03/2021

eXp Realty

Last Buyer's Agent

Venny Rivera

eXp Realty License #475115955 Listed on: 12/03/2021

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,027

Year Built | Renovated

  • 1955 | 2021

Lot Details

  • 6,098

Home Design

  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Combination Dining and Living Room
  • Finished Basement
  • Finished Basement Bathroom

Parking

  • Driveway
  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,027

Year Built | Renovated

1955 | 2021

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Rebuilt Year: 2021
  • Architectural Style: Ranch
  • Directions: Grand/Lewis Ave North to Glen Flora East to Lorraine Pl North to #
  • Lot Size: 6227
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1955
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 864
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Aluminum Siding
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Number of Cars: 4
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 4

Utilities

  • Cooling: Window/Wall Unit - 1
  • Heating: Forced Air
  • Sewer: Sewer-Storm
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 60

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 2454.58
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 20, 2022
Sold by
Quintanilla Matute Jose M
Bought by
Rios Luis Rodriguez
Seller's Agent
Venny Rivera
eXp Realty
Buyer's Agent
Venny Rivera
eXp Realty
List Price
$155,500
Sold Price
$175,000
Premium/Discount to List
$19,500
12.54%
Current Estimated Value
$218,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,629
Avg. Annual Appreciation
6.22%
Original Mortgage
$8,750
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2018
Closed on
Nov 26, 2018
Sold by
Russell Isaac and Bradin Rodney
Bought by
Matute Jose M Quintanilla
Seller's Agent
Donna Johnson
Key Realty Group
Buyer's Agent
Venny Rivera
eXp Realty
List Price
$85,900
Sold Price
$77,000
Premium/Discount to List
-$8,900
-10.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.67%
Original Mortgage
$616,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2005
Sold by
Johnson Earmia L
Bought by
Johnson Waldo and London Mary F

Purchase Details

Closed on
Jun 12, 2003
Sold by
Johnson Earmia L
Bought by
Johnson Earmia L and Johnson Waldo
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
Rios Luis Rodriguez $175,000 Fidelity National Title
Matute Jose M Quintanilla $77,000 First American Title
Johnson Waldo -- --
Johnson Earmia L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rios Luis Rodriguez $169,159
Previous Owner Matute Jose M Quintanilla $616,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $175,000 +12.5% $203 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $155,500 +101.9% $180 / Sq Ft
11/26/2018 11/26/18 Sold $77,000 -10.4% $89 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
09/16/2018 09/16/18 For Sale $85,900 -- $99 / 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 $4,027 $56,634 $6,954 $49,680
2023 $3,155 $50,705 $6,226 $44,479
2022 $3,155 $38,273 $5,527 $32,746
2021 $2,505 $30,029 $4,930 $25,099
2020 $2,491 $27,976 $4,593 $23,383
2019 $2,455 $25,636 $4,209 $21,427
2018 $1,075 $24,843 $5,958 $18,885
2017 $1,152 $21,979 $5,271 $16,708
2016 $2,951 $19,099 $4,580 $14,519
2015 $2,888 $17,094 $4,099 $12,995
2014 $3,100 $18,323 $3,833 $14,490
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: 11280465

Midwest Real Estate Data (MRED)

APN: 08-17-202-022