NOT LISTED FOR SALE

338 Lorraine Ave Waukegan, IL 60085

Estimated Value: $219,000 - $237,000

2 Beds
1 Bath
1,513 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $170,000 $112 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,572/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Mature Trees
  • Wood Flooring
  • Bonus Room

About This Home

As of November 2022

Cute Waukegan cape cod ready for your updates. Hardwood floors, plaster walls and arched doorways in original section. Long time owners created a large bedroom and extended, eat in kitchen with the addition. Enclosed front porch has newer steps and deck. Many windows have been replaced. All appliances included (dishwasher and stove vent were just replaced). Elevated deck off sliding doors leads to rear yard and detached garage. Full staircase to partially finished attic with custom built in drawers and cabinets. Basement was partially finished for family game room and work shop. Full laundry room and utility room in basement. Concrete driveway can accommodate several cars. Newer roof. Basement professionally waterproofed with a transferable warranty. Basement ready to finish into family recreation room! Over $10k in recent improvements!! Home is move in condition and seller able to close quickly. Easy to show and short notice OK. Family trust selling "as is".

Last Agent to Sell the Property

Robert Frank

Robert E. Frank Real Estate License #471012445 Listed on: 10/05/2022

Co-Listed By

Timothy Conner

Robert E. Frank Real Estate License #475139835

Last Buyer's Agent

Michelle Nunez

Baird & Warner License #475138042

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $862

Year Built

  • Built in 1930 | Remodeled in 1980

Lot Details

  • 6,085 Sq Ft Lot
  • Lot Dimensions are 49 x 121
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,513 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Window Treatments
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Storm Screens

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Deck
  • Enclosed patio or porch

Schools

  • Hyde Park Elementary School
  • Miguel Juarez Middle School
  • Waukegan High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$862

Year Built

Built in 1930 | Remodeled in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1930
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1980
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1980

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Range Hood, Front Controls on Range/Cooktop, Gas Cooktop, Gas Oven, Range Hood
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Some Carpeting, Some Window Treatmnt, Separate Dining Room, Some Wall-To-Wall Cp
  • LivingArea: 1513
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Bonus Room, Enclosed Porch, Sitting Room
  • Estimated Total Finished Sq Ft: 1513
  • Basement Description: Partially Finished,Unfinished,Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1513
  • Total Sq Ft: 1513
  • Unfinished Basement Sq Ft: 976
  • Upper Level Sq Ft: 297
  • Attic: Finished,Full,Interior Stair,Unfinished
  • Main Level Sq Ft: 1216
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 174900
  • Lot Features: Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway
  • ParkingTotal: 2
  • Number of Cars: 3
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Hyde Park Elementary School
  • High School: Waukegan High School
  • Middle/Junior School: Miguel Juarez Middle School
  • Middle/Junior School District: 60

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1397
  • Lot Dimensions: 49 X 121
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 862.32
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Nov 10, 2022
Sold by
Trust No 338
Bought by
Alvey Diana F
Seller's Agent
Robert Frank
Robert E. Frank Real Estate
Buyer's Agent
Michelle Nunez
Baird & Warner
List Price
$174,900
Sold Price
$170,000
Premium/Discount to List
-$4,900
-2.8%
Views
15
Current Estimated Value
$229,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,733
Avg. Annual Appreciation
10.81%
Original Mortgage
$164,326
Outstanding Balance
$160,124
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$65,340

Purchase Details

Closed on
Feb 23, 2011
Sold by
Stolarik Antoinette Yvonne
Bought by
Dickson Kelly A and Trust #338

Purchase Details

Closed on
Dec 21, 1999
Sold by
Stolarik John L and Stolarik John Laurence
Bought by
Stolarik Antoinette Y and Stolarik Antoinette Yvonne
Source: Public Records

Range of Values:

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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
Alvey Diana F $170,000 Chicago Title
Dickson Kelly A -- None Available
Stolarik Antoinette Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvey Diana F $164,326
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $170,000 -2.8% $112 / Sq Ft
10/09/2022 10/09/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $174,900 -- $116 / 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 $3,777 $53,675 $9,402 $44,273
2023 $809 $48,055 $8,417 $39,638
2022 $809 $40,664 $7,673 $32,991
2021 $862 $36,667 $7,226 $29,441
2020 $938 $34,160 $6,732 $27,428
2019 $1,016 $31,302 $6,169 $25,133
2018 $1,137 $28,007 $7,277 $20,730
2017 $1,177 $24,778 $6,438 $18,340
2016 $1,278 $21,531 $5,594 $15,937
2015 $1,397 $19,271 $5,007 $14,264
2014 $2,298 $23,734 $5,431 $18,303
2012 $3,408 $25,713 $5,884 $19,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11645391

Midwest Real Estate Data (MRED)

APN: 08-20-215-015