NOT LISTED FOR SALE

1404 Lorraine Place Waukegan, IL 60085

Estimated Value: $157,000 - $200,678

3 Beds
1 Bath
864 Sq Ft
$205/Sq Ft Est. Value

Last Sold July 19, 2022

Last sale price $121,000 $140 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,249/month

1 Day on Market

Highlights

  • Ranch Style House
  • Living Room
  • Laundry Room
  • 2 Car Detached Garage

About This Home

As of July 2022

Attention Investors! 3 Bed, 1 Bath with large 2 Car Detached garage. Newer windows, water heater, large yard! Sold As-Is.

Last Agent to Sell the Property

Mark Higginson

MBH Realty LLC License #471016775 Listed on: 05/27/2022

Last Buyer's Agent

Kimberly Morlaes

Compass License #475199184

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $951

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 40x175x131x80

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 864 Sq Ft Home
  • Living Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$951

Year Built

Built in 1955

Lot Details

0

Parking

2

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: 1955
  • Age: 61-70 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: 864
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 864
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 134999
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

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 Dimensions: 40X175X131X80
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 950.62
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Jul 26, 2022
Sold by
Gmag Properties Inc
Bought by
Lomeli Carlos
Seller's Agent
Mark Higginson
MBH Realty LLC
Buyer's Agent
Kimberly Morlaes
Compass
List Price
$134,999
Sold Price
$121,000
Premium/Discount to List
-$13,999
-10.37%
Current Estimated Value
$176,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,920
Avg. Annual Appreciation
10.38%
Original Mortgage
$116,765
Outstanding Balance
$113,216
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$52,778

Purchase Details

Closed on
Feb 10, 2011
Sold by
Blackburn Mattie C
Bought by
Blackburn Mattie C and Trust #1404
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
Lomeli Carlos $121,000 Greater Illinois Title
Blackburn Mattie C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lomeli Carlos $116,765
Closed Lomeli Carlos $4,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2022 07/19/22 Sold $121,000 -10.4% $140 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $134,999 -- $156 / 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 $3,737 $53,207 $11,143 $42,064
2023 $2,946 $47,636 $9,976 $37,660
2022 $2,946 $41,131 $8,856 $32,275
2021 $874 $35,692 $7,900 $27,792
2020 $951 $33,252 $7,360 $25,892
2019 $1,030 $30,470 $6,744 $23,726
2018 $1,113 $30,120 $9,545 $20,575
2017 $1,193 $26,648 $8,445 $18,203
2016 $1,296 $23,156 $7,338 $15,818
2015 $1,417 $20,725 $6,568 $14,157
2014 $1,562 $19,386 $3,833 $15,553
2012 $1,848 $21,004 $4,153 $16,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11417280

Midwest Real Estate Data (MRED)

APN: 08-17-201-001