NOT LISTED FOR SALE

241 Lorraine St Glen Ellyn, IL 60137

Estimated Value: $1,090,000 - $2,116,715

0.46 Acre
$3,693,324 Price per Acre
20,038 Sq Ft Lot

Last Sold November 11, 2021

Last sale price $275,000

Est. 518% increase in value since last sale

Current estimated payment $12,165/month

221 Days on Market

About This Lot

As of November 2021

One of the original Glen Ellyn Garden Lots. Appx 59 X 375 feet deep, just under approximate 1/2 acre. Amazing location. Close to train, Prairie Path and Lincoln Elementary School. Enjoy both Downtown Glen Ellyn and Wheaton. Current home on the property is a knockdown. Lincoln, Hadley, Glenbard West.

Last Agent to Sell the Property

William Anderson

Berkshire Hathaway HomeServices Chicago License #475159206 Listed on: 02/12/2021

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Sarah Anderson

Berkshire Hathaway HomeServices Chicago License #475165786

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $39,262

Lot Details

Basement

  • Basement Cellar

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$39,262

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • General Information: None
  • Co List Office Mls Id: MRD25083
  • Co List Office Phone: (630) 469-7000
  • Directions: Hill Street to Lorraine, South on Lorraine, previous to entering Wheaton
  • Road Frontage Type: City Street
  • Lot Size: 59X375
  • Ownership: Fee Simple
  • Road Surface Type: Gravel
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Description: Cellar

Exterior Features

  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water-Municipal, Water to Site

Schools

  • Junior High Dist: 87
  • Middle Or Junior School: Hadley Junior High School

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Current Use: Single Family
  • Zoning: SINGL

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 6803
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Oct 26, 2021
Sold by
Vallina Van L
Bought by
Peterson Kurtis G and Peterson Kathryn C
Seller's Agent
William Anderson
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Non Member
NON MEMBER
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Current Estimated Value
$1,698,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,423,929
Avg. Annual Appreciation
58.38%

Purchase Details

Closed on
May 23, 2006
Sold by
Vallina Danielle
Bought by
Vallina Van L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,350
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 22, 2002
Sold by
Holtrup Paul and Holtrup Sarah
Bought by
Vallina Van L and Vallina Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,500
Interest Rate
6.87%

Purchase Details

Closed on
Mar 30, 1999
Sold by
Brandt Mark H and Brandt Grace F
Bought by
Holtrup Paul and Winkelman Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Interest Rate
7.1%
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
Peterson Kurtis G $275,000 Fidelity National Title
Vallina Van L -- First American Title
Vallina Van L $297,500 --
Holtrup Paul $238,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vallina Van L $257,350
Previous Owner Vallina Van L $267,500
Previous Owner Holtrup Paul $190,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2021 11/11/21 Sold $275,000 -8.3% --
09/21/2021 09/21/21 Pending -- -- --
04/13/2021 04/13/21 Price Changed $300,000 -7.7% --
02/12/2021 02/12/21 For Sale $325,000 -- --
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 $39,262 $557,562 $52,310 $505,252
2023 $21,112 $287,690 $48,150 $239,540
2022 $3,992 $53,320 $45,500 $7,820
2021 $7,105 $102,230 $44,420 $57,810
2020 $6,963 $101,280 $44,010 $57,270
2019 $6,803 $98,610 $42,850 $55,760
2018 $7,127 $102,250 $49,710 $52,540
2017 $7,016 $98,480 $47,880 $50,600
2016 $7,103 $94,550 $45,970 $48,580
2015 $7,079 $90,210 $43,860 $46,350
2014 $7,259 $89,230 $22,640 $66,590
2013 $7,068 $89,500 $22,710 $66,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10985475

Midwest Real Estate Data (MRED)

APN: 05-15-212-010