Seller's Agent in 2024
Shilpa Patel
eXp Realty
(847) 809-5441
2 in this area
30 Total Sales
1364 Lorraine Place Schaumburg, IL 60173
East Schaumburg NeighborhoodEstimated Value: $703,000 - $767,403
4
Beds
3.5
Baths
3,514
Sq Ft
$209/Sq Ft
Est. Value
Highlights
- Landscaped Professionally
- Deck
- Vaulted Ceiling
- Fairview Elementary School Rated A-
- Recreation Room
- Traditional Architecture
About This Home
As of June 2024*** MULTIPLE OFFERS RECEIVED- SUBMIT HIGHEST AND BEST OFFER BY Sunday, May 19th by 5pm*** Welcome to a rare gem nestled in the prestigious and highly sought-after Park St. Claire subdivision of Schaumburg. Presenting the essence of luxury living, this original owner well maintained two-story four bedroom, three-and-a-half bath Cherbourg model boasts sophistication and comfort at every turn. *** Upon arrival, you're greeted by a gorgeous central foyer and traditional staircase leading to the second floor, setting the tone for the elegance that awaits within. Step inside and discover an expansive light-filled living space adorned with vaulted ceilings and a huge bay window in the living room creating an inviting and open ambiance, perfect for entertaining or simply unwinding in comfort. The dining room can hold a table for 8-10 guests and leads into an eat-in kitchen which overlooks the large backyard and deck. *** The upstairs hosts four generous-sized bedrooms including the primary ensuite. The primary bedroom features his & her closets and a full bath with lots of natural light gleaming through the large windows. The bathroom also includes a double-sink vanity, a shower and a separate soaking tub. *** The finished basement adds versatility to the property providing additional space for recreation, hobbies, or storage. Enjoy the large open space as is or turn this canvas into multiple rooms for even greater use, such as a theater, a man-cave, home gym, or the kids' playpen. There is ample space to also add another bedroom within the basement as there is already a full bathroom on the lowest level. The possibilities are endless.*** The property also features a huge backyard which includes a lovely deck, ideal for enjoying summer barbecues or nice cool evenings under the stars. Buyers with a green thumb will love the space as it can be a gardener's paradise creating a Zen-like atmosphere to enjoy the tranquility of nature. *** Within a short distance, an array of restaurants, shops, and the esteemed Woodfield Mall await, providing the epitome of convenience with access to some of the best dining, entertainment, and retail shops available in Chicago. Additionally, the area boasts award-winning schools, making it a highly sought after location for families seeking educational excellence. *** Recent updates in the home include a new roof installed in 2022, new water heater in April 2024, complete interior painting in 2022 (except basement). Additional features include all vinyl windows and sliding glass door (with tempered glass - lifetime warranty) were replaced in approximately in 2016 (except the bay windows in living/dining rooms). The property has been meticulously maintained and ready for its new owner. This will not last!
Last Buyer's Agent
Claudia Goehner
Redfin Corporation License #475146387
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,828
Year Built
- Built in 1991
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 47x148x96x155
- Landscaped Professionally
- Paved or Partially Paved Lot
HOA Fees
- $45 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Traditional Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,514 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Double Pane Windows
- Breakfast Room
- Formal Dining Room
- Recreation Room
- Partially Carpeted
- Storm Screens
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Outdoor Features
- Deck
Schools
- Fairview Elementary School
- Keller Junior High School
- J B Conant High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- Park St Claire Subdivision, Cherbourg Floorplan
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2024
Closed on
Jun 19, 2024
Sold by
Patel Kusum A
Bought by
Pitcha Seshu
Seller's Agent
Shilpa Patel
eXp Realty
Buyer's Agent
Claudia Goehner
Redfin Corporation
List Price
$659,000
Sold Price
$703,000
Premium/Discount to List
$44,000
6.68%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,101
Avg. Annual Appreciation
4.44%
Original Mortgage
$562,400
Outstanding Balance
$558,169
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$177,932
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pitcha Seshu | $703,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pitcha Seshu | $562,400 | |
| Previous Owner | Patel Arvind D | $210,000 | |
| Previous Owner | Patel Arvind D | $100,000 | |
| Previous Owner | Patel Arvind D | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2024 06/25/24 | Sold | $703,000 | +6.7% | $200 / Sq Ft |
| 05/21/2024 05/21/24 | Pending | -- | -- | -- |
| 05/15/2024 05/15/24 | For Sale | $659,000 | -- | $188 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $8,824 | $47,000 | $13,733 | $33,267 |
| 2023 | $8,828 | $47,000 | $13,733 | $33,267 |
| 2022 | $8,828 | $47,000 | $13,733 | $33,267 |
| 2021 | $9,591 | $43,459 | $8,979 | $34,480 |
| 2020 | $8,781 | $43,459 | $8,979 | $34,480 |
| 2019 | $8,734 | $48,288 | $8,979 | $39,309 |
| 2018 | $9,796 | $47,646 | $7,658 | $39,988 |
| 2017 | $9,473 | $47,646 | $7,658 | $39,988 |
| 2016 | $9,954 | $47,646 | $7,658 | $39,988 |
| 2015 | $11,325 | $42,454 | $6,602 | $35,852 |
| 2014 | $10,967 | $42,454 | $6,602 | $35,852 |
| 2013 | $10,940 | $42,454 | $6,602 | $35,852 |
Source: Public Records
Agents Affiliated with this Home
-
Shilpa Patel
-
C
Buyer's Agent in 2024
Claudia Goehner
Redfin Corporation
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12044278
APN: 07-24-113-008-0000
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