NOT LISTED FOR SALE

404 E Lorraine Ave Addison, IL 60101

Estimated Value: $529,000 - $690,000

4 Beds
4 Baths
2,533 Sq Ft
$233/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $350,000 $138 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,100/month

73 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Recreation Room
  • Wood Flooring
  • Home Office

About This Home

As of January 2020

NEW PRICE ON THIS BEAUTIFUL HOME. 4 BED 4 BATH WITH 2 CAR GARAGE, EXTRA LARGE MASTER SUITE WITH WHIRLPOOL TUB, SEPARATE SHOWER AND HUGE WALK IN CLOSET. HARDWOOD FLOORING AND CROWN MOLDING THROUGHOUT FIRST FLOOR, EAT IN KITCHEN WITH GRANITE COUNTER TOPS AND STAINLESS KITCHEN APPLIANCES. SPACIOUS COVERED PORCH OFF THE KITCHEN, GAS FIREPLACE, LOTS OF NATURAL LIGHT, FINISHED BASEMENT WITH PLENTY OF STORAGE, BASEMENT BONUS ROOM CAN BE 5TH BEDROOM, OFFICE OR PLAYROOM.

Last Agent to Sell the Property

Joseph Graventi

HomeSmart Realty Group License #475168415 Listed on: 10/09/2019

HomeSmart Realty Group

Last Buyer's Agent

Jerry Tribuzio

HomeSmart Connect LLC License #475180628

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,428

Year Built

  • 2002

Lot Details

  • 0.27

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Home Office
  • Recreation Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,428

Year Built

2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 16-20 Years
  • Full Bathrooms: 4
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4
  • Type Detached: 2 Stories
  • Estimated Year Built: 2002
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Living Room: Dimensions: 17X16, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 14X08, On Level: Basement, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 16X09, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 15X15, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Office, Recreation Room, Walk In Closet
  • Master Bedroom: Dimensions: 25X13, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Office, Dimensions: 20X10, On Level: Basement, Flooring: Carpet, Windows: None
  • Additional Room 2 Name: Recreation Rm, Dimensions: 27X18, On Level: Basement, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 3 Name: Walk in Closet, Dimensions: 12X7, On Level: 2nd Level
  • Bedroom 3: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 4: Dimensions: 15X10, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 2533
  • Dining Room Type: Separate
  • Family Room: Dimensions: 26X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.2783

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 2533

Schools

  • School District: 88
  • Elementary School: Fullerton Elementary School
  • Middle School: Indian Trail Junior High School
  • High School: Addison Trail High School
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 60X179X74X224
  • Parcel Identification Number: 0333203040

Tax Info

  • Taxes: 9111.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Jan 30, 2020
Sold by
Kraleti Kishore and Varanasi Neelima
Bought by
Quraishi Abid H and Quraishi Roohi
Seller's Agent
Joseph Graventi
HomeSmart Realty Group
Buyer's Agent
Jerry Tribuzio
HomeSmart Connect LLC
List Price
$410,000
Sold Price
$350,000
Premium/Discount to List
-$60,000
-14.63%
Current Estimated Value
$591,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,418
Avg. Annual Appreciation
9.68%
Original Mortgage
$235,000
Outstanding Balance
$208,666
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$382,752

Purchase Details

Listed on
Oct 25, 2012
Closed on
Dec 19, 2012
Sold by
Imeri Avenir and Imeri Brunilda
Bought by
Kraleti Kishore and Varanasi Neelima
Seller's Agent
Randy Stob
Randall K. Stob
Buyer's Agent
Michelle Scholl
Baird & Warner
List Price
$324,900
Sold Price
$312,000
Premium/Discount to List
-$12,900
-3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.63%
Original Mortgage
$296,400
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Quraishi Abid H $350,000 Chicago Title
Kraleti Kishore $312,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quraishi Abid H $235,000
Previous Owner Kraleti Kishore $296,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2020 01/31/20 Sold $350,000 -4.1% $138 / Sq Ft
12/21/2019 12/21/19 Pending -- -- --
11/23/2019 11/23/19 Price Changed $365,000 -2.7% $144 / Sq Ft
11/07/2019 11/07/19 Price Changed $375,000 -6.0% $148 / Sq Ft
10/17/2019 10/17/19 Price Changed $399,000 -2.7% $158 / Sq Ft
10/09/2019 10/09/19 For Sale $410,000 +31.4% $162 / Sq Ft
12/19/2012 12/19/12 Sold $312,000 -4.0% $123 / Sq Ft View Prior Sale
11/02/2012 11/02/12 Pending -- -- --
10/25/2012 10/25/12 For Sale $324,900 -- $128 / 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 $11,428 $170,143 $35,865 $134,278
2023 $10,925 $156,410 $32,970 $123,440
2022 $10,396 $147,160 $30,660 $116,500
2021 $9,968 $140,960 $29,370 $111,590
2020 $9,704 $135,020 $28,130 $106,890
2019 $9,643 $129,830 $27,050 $102,780
2018 $9,346 $121,130 $27,050 $94,080
2017 $9,111 $115,770 $25,850 $89,920
2016 $8,879 $106,890 $23,870 $83,020
2015 $8,669 $98,740 $22,050 $76,690
2014 $8,801 $99,540 $25,990 $73,550
2013 $8,618 $101,570 $26,520 $75,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10542676

Midwest Real Estate Data (MRED)

APN: 03-33-203-040