Seller's Agent in 2020
Chicky Johnson
RE/MAX Suburban
(847) 602-8600
1 in this area
152 Total Sales
501 Lorraine Ave Waukegan, IL 60085
Lorraine Terrace NeighborhoodEstimated Value: $250,622 - $269,000
3
Beds
1
Bath
1,424
Sq Ft
$181/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Bonus Room
- Detached Garage
- Main Floor Bedroom
- Fenced Yard
- Porch
About This Home
As of December 2020Enjoy the charm and character of this classic home completely updated and ready for a new family! Enclosed front porch welcomes you to this all brick home loved by the owner for decades! Brand new carpeting thruout 10/20, freshly painted in every room 10/20, new vinyl flooring in bright & sunny galley kitchen 10/20. Windows had all been replaced with efficient vinyl windows, all new blinds 10/20. Tankless water heater, Heil gas furnace with Aprilaire humidifier in unfinished basement complete with washtub, battery back up sump pump, and plenty of storage! Rich woodwork graces the main floor formal living room with new wall sconce lighting, brick wood burning fireplace, adjacent dining room, two bedrooms & full bath complete with new no wax flooring. Second story has master bedroom, plus large bonus room with built-ins ideal for guest area, home school space or office. Large fully fenced yard has detached one car garage with separate electrical panel, newer door, spacious storage shed, and dog run! All appliances included! This is an estate and being sold as is. Taxes reflect homestead, senior and senior freeze exemption. This home is fantastic and pristine. Security system is negotiable. Immediate closing just in time for the holidays! Roof approx 5 years old. **Buyer responsible for Village of Waukegan occupancy permit if required**
Last Agent to Sell the Property
RE/MAX Suburban License #475137989 Listed on: 10/25/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,607
Year Built
- 1941
Lot Details
- East or West Exposure
- Fenced Yard
Parking
- Detached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Block Foundation
- Asphalt Shingled Roof
Interior Spaces
- Built-In Features
- Historic or Period Millwork
- Wood Burning Fireplace
- Bonus Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Galley Kitchen
- Oven or Range
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Porch
- Property is near a bus stop
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2020
Closed on
Dec 22, 2020
Sold by
Buff Deborah and Clyde W Golwitzer Living Trust
Bought by
Garcia Margot N and Sanchez Arturo J
Seller's Agent
Chicky Johnson
RE/MAX Suburban
Buyer's Agent
Vicente Maldonado
American Dream Realty Group Inc
List Price
$159,750
Sold Price
$164,000
Premium/Discount to List
$4,250
2.66%
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
$93,906
Avg. Annual Appreciation
10.30%
Original Mortgage
$161,029
Interest Rate
2.7%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 1, 2016
Sold by
Golwitzer Clyde W and Golwitzer June C
Bought by
Golwitzer Clyde W and The Clyde W Golwitzer Living T
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 |
|---|---|---|---|
| Garcia Margot N | $164,000 | First American Title | |
| Golwitzer Clyde W | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Garcia Margot N | $161,029 | |
| Previous Owner | Golwitzer Clyde W | $25,000 | |
| Previous Owner | Golwitzer Clyde W | $25,000 | |
| Previous Owner | Golwitzer Clyde W | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2020 12/23/20 | Sold | $164,000 | +2.7% | $115 / Sq Ft |
| 10/27/2020 10/27/20 | Pending | -- | -- | -- |
| 10/25/2020 10/25/20 | For Sale | $159,750 | -- | $112 / 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 |
|---|---|---|---|---|
| 2024 | $5,607 | $75,353 | $9,031 | $66,322 |
| 2023 | $5,204 | $67,464 | $8,086 | $59,378 |
| 2022 | $5,204 | $59,233 | $7,371 | $51,862 |
| 2021 | $3,604 | $40,566 | $6,943 | $33,623 |
| 2020 | $1,156 | $37,792 | $6,468 | $31,324 |
| 2019 | $1,253 | $34,630 | $5,927 | $28,703 |
| 2018 | $1,354 | $30,808 | $6,990 | $23,818 |
| 2017 | $1,451 | $27,256 | $6,184 | $21,072 |
| 2016 | $1,576 | $23,685 | $5,374 | $18,311 |
| 2015 | $1,723 | $21,199 | $4,810 | $16,389 |
| 2014 | $1,815 | $21,723 | $4,345 | $17,378 |
| 2012 | $2,986 | $23,534 | $4,707 | $18,827 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Vicente Maldonado
American Dream Realty Group Inc
(847) 505-5108
1 in this area
46 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10916619
APN: 08-20-212-005
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