488 E Lorraine Ave Addison, IL 60101
Estimated Value: $289,000 - $339,000
3
Beds
2
Baths
1,329
Sq Ft
$234/Sq Ft
Est. Value
Highlights
- Deck
- Corner Lot
- Attached Garage
- Main Floor Bedroom
- Fenced Yard
- Storage
About This Home
As of July 2019Rarely Available Ranch 1/2 Duplex with Full finished basement for tons of additional living space. This 3 bedroom, 2 full bathroom is perfect for your family and way bigger than it looks! Master bedroom has full master bathroom and double closets. The finished basement with built in bar, also has a huge laundry room with plenty of storage. Great eat-in kitchen with pantry. New deck with gas grill included that looks over a giant fenced in back yard. 1 car garage with 2 car wide driveway. Great location within walking distance to schools.
Last Agent to Sell the Property
Envision Real Estate & Management Co. License #475122276 Listed on: 05/24/2019
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,729
Year Built
- 1984
Lot Details
- Fenced Yard
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
Interior Spaces
- Storage
- Washer and Dryer Hookup
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- Main Floor Bedroom
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
Outdoor Features
- Deck
- Outdoor Grill
Utilities
- Central Air
- Heating System Uses Gas
- Lake Michigan Water
Community Details
- Pets Allowed
Listing and Financial Details
- Homeowner Tax Exemptions
- $6,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2019
Closed on
Jul 12, 2019
Sold by
Wendt Norbert C
Bought by
Guerrero Francisco G
Seller's Agent
June McCrory
Envision Real Estate & Management Co.
Buyer's Agent
Airel Hermosillo
Smart Home Realty
List Price
$215,900
Sold Price
$215,900
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,629
Avg. Annual Appreciation
6.39%
Original Mortgage
$211,989
Interest Rate
3.99%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 25, 2012
Sold by
Harris Jessica L
Bought by
Wendt Norbert C
Purchase Details
Closed on
Jun 25, 2003
Sold by
Bailey Joyce E
Bought by
Wendt Norbert C and Wendt Joyce E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 6, 1994
Sold by
Samples Scott E and Samples Judith A
Bought by
Bailey Joyce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.55%
Similar Homes in Addison, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Guerrero Francisco G | $216,000 | Stewart Title | |
| Wendt Norbert C | -- | None Available | |
| Wendt Norbert C | -- | 1St American Title | |
| Bailey Joyce | $135,000 | First American Title Insuran |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Guerrero Francisco G | $212,293 | |
| Closed | Guerrero Francisco G | $211,989 | |
| Previous Owner | Wendt Norbert C | $53,000 | |
| Previous Owner | Bailey Joyce E | $60,000 | |
| Previous Owner | Bailey Joyce | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2019 07/12/19 | Sold | $215,900 | 0.0% | $162 / Sq Ft |
| 06/10/2019 06/10/19 | For Sale | $215,900 | 0.0% | $162 / Sq Ft |
| 05/28/2019 05/28/19 | Pending | -- | -- | -- |
| 05/24/2019 05/24/19 | For Sale | $215,900 | -- | $162 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $4,729 | $72,240 | $16,490 | $55,750 |
| 2022 | $4,551 | $67,790 | $15,340 | $52,450 |
| 2021 | $4,352 | $64,930 | $14,690 | $50,240 |
| 2020 | $4,226 | $62,190 | $14,070 | $48,120 |
| 2019 | $3,800 | $59,800 | $13,530 | $46,270 |
| 2018 | $3,610 | $55,470 | $13,530 | $41,940 |
| 2017 | $3,487 | $53,010 | $12,930 | $40,080 |
| 2016 | $3,339 | $48,940 | $11,940 | $37,000 |
| 2015 | $3,198 | $45,210 | $11,030 | $34,180 |
| 2014 | $4,142 | $50,020 | $13,000 | $37,020 |
| 2013 | $4,061 | $51,030 | $13,260 | $37,770 |
Source: Public Records
Agents Affiliated with this Home
-
June McCrory
Seller's Agent in 2019
June McCrory
Envision Real Estate & Management Co.
(630) 688-9832
14 Total Sales
-
Airel Hermosillo
Buyer's Agent in 2019
Airel Hermosillo
Smart Home Realty
(630) 806-1330
26 in this area
266 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10391273
APN: 03-34-104-059
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 437 E Lorraine Ave
- 902 E Krage Dr
- 600 E Armitage Ave
- 240 S Villa Ave
- 805 S Chatham Ave
- 655 W Lorraine Ave
- 651 W Lorraine Ave
- 646 W Babcock Ave
- 724 N Junior Terrace
- 577 W Crockett Ave
- 573 W Babcock Ave
- 566 W Babcock Ave
- 116 E Armitage Ave
- 747 S Wisconsin Ave
- 550 E Lake St
- 359 N Shady Ln
- 447 N Highview Ave
- 204 E Hill St
- 17W364 3rd St
- 300 N Shady Ln
- 488 E Lorraine Ave
- 486 E Lorraine Ave
- 484 E Lorraine Ave
- 482 E Lorraine Ave
- 490 S Villa Ave
- 470 S Villa Ave
- 472 S Villa Ave
- 492 S Villa Ave
- 460 S Villa Ave
- 480 E Lorraine Ave
- 478 E Lorraine Ave
- 454 S Villa Ave
- 476 E Lorraine Ave
- 476 E Lorraine Ave Unit 478
- 474 E Lorraine Ave
- 17W601 Lorraine Ave
- 448 S Villa Ave
- 500 S Villa Ave
- 472 E Lorraine Ave
- 17W621 Lorraine Ave