NOT LISTED FOR SALE

502 E Lorena Ave Wood River, IL 62095

Estimated Value: $132,000 - $165,173

3 Beds
2 Baths
1,263 Sq Ft
$115/Sq Ft Est. Value

Sale Details

Date Sold: July 18, 2023

Last sale price $155,000 $123 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $986 / mo

38 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • East Alton-Wood River High School Rated 10
  • Security System Owned
  • Level Lot

About This Home

As of July 2023

Located at 502 E Lorena Ave in Wood River, IL, this charming 3-bedroom, 2-bathroom bungalow is now available for sale. The property is lovingly maintained and boasts a cozy and inviting living room, perfect for relaxing with family or friends. The finished basement is a great space for entertaining guests, while the large laundry room provides ample storage for all your essentials.
The kitchen and bathrooms are well-maintained and offer plenty of storage and counter space. Outdoors, you will find a back deck with an above-ground pool - ideal for summer entertainment - as well as fresh landscaping that adds to the property's charm. There is off street parking and a detached garage. This property is fenced in, providing privacy and security. This bungalow is perfect for those looking for a comfortable home in a peaceful neighborhood.

Last Agent to Sell the Property

Nicholas Schranck

Landmark Realty License #475.194759 Listed on: 06/09/2023

Last Buyer's Agent

Don Hellrung

Landmark Realty License #475149649

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off Alley Parking

Home Design

  • Traditional Architecture
  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Security System Owned

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Basement

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

Schools

  • Wood River-Hartford Dist 15 Elementary And Middle School
  • East Alton/Wood River High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 19-2-08-27-06-104-015

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

6,251 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Style: 1.5 Story
  • Style Description: Bungalow / Cottage
  • Special Description: Owner Occupied
  • Age: 101
  • Ownership: Private
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Bathroom in LL, Full
  • Lower Full Bathrooms: 1
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Misc Features: Security Alarm-Owned
  • Total Living Area: 1263.00
  • Appliances: Dishwasher, Disposal, Range/Oven-Gas, Refrigerator
  • Bathrooms: 2.00
  • Bedrooms: 3.00
  • Room Cnt: 10
  • Square Footage: 884
  • Square Footage Below Grade: 379
  • Total Full Baths: 2

Exterior Features

  • Architecture: Traditional
  • Construction: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking: Alley Access, Detached, Garage Door Opener

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: WOOD RIVER-HARTFORD DIST 15
  • Junior High School: WOOD RIVER-HARTFORD DIST 15
  • School District: Wood River-Hartford DIST 15
  • Senior High School: East Alton/Wood River

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 50x120
  • Lot Sq Ft: 6251
  • Acres: 0.1435

Tax Info

  • Taxes Paid: 1993
  • Taxes Paid Year: 2021
  • Assessor Parcel Number: 19-2-08-27-06-104-015

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jul 18, 2023
Sold by
Bought by
Seller's Agent
Nicholas Schranck
Landmark Realty
Buyer's Agent
Don Hellrung
Landmark Realty
List Price
$135,000
Sold Price
$155,000
Premium/Discount to List
$20,000
14.81%
Views
50
Current Estimated Value
$145,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,707
Avg. Annual Appreciation
-2.18%
Original Mortgage
$120,000
Outstanding Balance
$116,593
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$28,700
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$155,000 Serenity Title & Escrow
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/18/2023 07/18/23 Sold $155,000 +14.8% $123 / Sq Ft
06/09/2023 06/09/23 For Sale $135,000 -- $107 / Sq Ft
Source: MARIS MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,430 $37,100 $4,660 $32,440
2024 $2,430 $34,240 $4,300 $29,940
2023 $2,430 $31,920 $4,010 $27,910
2022 $2,270 $29,460 $3,700 $25,760
2021 $1,993 $27,460 $3,450 $24,010
2020 $1,927 $26,440 $3,320 $23,120
2019 $1,842 $25,650 $3,220 $22,430
2018 $1,778 $24,380 $3,060 $21,320
2017 $1,658 $23,800 $2,990 $20,810
2016 $1,628 $23,800 $2,990 $20,810
2015 $1,617 $23,550 $2,960 $20,590
2014 $1,617 $23,550 $2,960 $20,590
2013 $1,617 $23,890 $3,000 $20,890
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Schranck

    Seller's Agent in 2023

    Nicholas Schranck

    Landmark Realty

    (618) 978-1619

    4 in this area

    110 Total Sales

    Nicholas Schranck
    Section Image
  • Don Hellrung

    Buyer's Agent in 2023

    Don Hellrung

    Landmark Realty

    (618) 830-2405

    3 in this area

    31 Total Sales

    Don Hellrung
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS23031043

MARIS MLS

APN: 19-2-08-27-06-104-015

Illinois Madison County Wood River 62095

502 E Lorena Ave, Wood River, IL

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.

MARIS MLS 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.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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