NOT LISTED FOR SALE

408 E Lorraine Ave Addison, IL 60101

Estimated Value: $557,000 - $696,000

4 Beds
3.5 Baths
2,800 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $500,000 $179 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,247/month

39 Days on Market

Highlights

  • Second Kitchen
  • Landscaped Professionally
  • Recreation Room
  • 0.89 Acre Lot
  • Property is near forest
  • Wooded Lot

About This Home

As of July 2022

Check out this amazing 5 bedroom 3 and a half bath house uniquely located on almost 1 acre lot. The very spacious layout includes cathedral ceilings throughout the family room and master suite. Lots of storage and closets. Fully finished 1,400 sq/ft basement for great entertainment. Attached 2 car garage.

Last Agent to Sell the Property

Gabriela Rozborska

Nex-Gen Real Estate & Property Managment Co. License #471020552 Listed on: 05/05/2022

Last Buyer's Agent

Sean Field

Keller Williams Success Realty License #475196013

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,350

Year Built

  • Built in 2003

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 65x270
  • Landscaped Professionally
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Attached Fireplace Door
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room

Kitchen

  • Second Kitchen
  • Double Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Patio
  • Property is near forest

Community Details

  • Fieldstone

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,350

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s)
  • LivingArea: 2800
  • Other Equipment: TV-Cable, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn
  • Room Type: Kitchen, Bedroom 5, Recreation Room, Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Forest Preserve Adjacent, Landscaped, Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: No
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.89
  • Lot Dimensions: 65X270
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 10349.58
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 13, 2022
Sold by
Daniela Pacurar
Bought by
Gordon Larry and Gordon Rachael
Seller's Agent
Gabriela Rozborska
Nex-Gen Real Estate & Property Managment Co.
Buyer's Agent
Sean Field
Keller Williams Success Realty
List Price
$529,990
Sold Price
$500,000
Premium/Discount to List
-$29,990
-5.66%
Current Estimated Value
$616,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,823
Avg. Annual Appreciation
6.18%
Original Mortgage
$400,000
Outstanding Balance
$384,788
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$232,035

Purchase Details

Closed on
May 3, 2006
Sold by
Ansari Altaf A and Ansari Rasheeda
Bought by
Pacurar Daniela
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gordon Larry $500,000 Citywide Title
Pacurar Daniela $541,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Larry $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2022 07/14/22 Sold $500,000 0.0% $179 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/02/2022 06/02/22 Price Changed $499,900 -3.7% $179 / Sq Ft
05/28/2022 05/28/22 Price Changed $519,000 -2.1% $185 / Sq Ft
05/23/2022 05/23/22 Price Changed $529,990 0.0% $189 / Sq Ft
05/23/2022 05/23/22 For Sale $529,990 -1.8% $189 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $539,900 -- $193 / 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 $12,260 $181,946 $35,865 $146,081
2023 $11,724 $167,260 $32,970 $134,290
2022 $11,154 $157,450 $30,660 $126,790
2021 $10,696 $150,820 $29,370 $121,450
2020 $10,414 $144,460 $28,130 $116,330
2019 $10,350 $138,910 $27,050 $111,860
2018 $10,010 $129,310 $27,050 $102,260
2017 $9,760 $123,580 $25,850 $97,730
2016 $9,514 $114,100 $23,870 $90,230
2015 $9,292 $105,400 $22,050 $83,350
2014 $9,433 $106,260 $25,990 $80,270
2013 $9,237 $108,430 $26,520 $81,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11394513

Midwest Real Estate Data (MRED)

APN: 03-34-104-073