NOT LISTED FOR SALE

502 Lorraine Ave Waukegan, IL 60085

Lorraine Terrace Neighborhood

Estimated Value: $222,000 - $244,608

2 Beds
2 Baths
1,185 Sq Ft
$200/Sq Ft Est. Value

About This Home

This home is located at 502 Lorraine Ave, Waukegan, IL 60085 and is currently estimated at $237,152, approximately $200 per square foot. 502 Lorraine Ave is a home located in Lake County with nearby schools including Hyde Park Elementary School, Miguel Juarez Middle School, and Waukegan High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 1997
Sold by
Beeman Michael J and Beeman Deborah L
Bought by
Carley Larry Darnell and Carley Caroline
Current Estimated Value
$237,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,198
Interest Rate
7.57%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Carley Larry Darnell $76,666 Blackhawk Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carley Larry Darnell $128,000
Closed Carley Larry Darnell $20,000
Closed Carley Larry Darnell $147,600
Closed Carley Larry Darnell $174,000
Closed Carley Larry Darnell $184,500
Closed Carley Larry D $15,000
Closed Carley Larry D $144,000
Closed Carley Larry Darnell $34,812
Closed Carley Larry D $25,000
Closed Carley Larry $25,000
Closed Carley Larry Darnell $10,000
Closed Carley Larry Darnell $116,000
Previous Owner Carley Larry Darnell $117,198
Source: Public Records

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 $4,667 $64,215 $13,492 $50,723
2023 -- $57,492 $12,079 $45,413
2022 $0 $50,143 $11,011 $39,132
2021 $3,699 $43,975 $10,371 $33,604
2020 $3,680 $40,968 $9,662 $31,306
2019 $3,630 $37,541 $8,854 $28,687
2018 $3,207 $33,843 $10,444 $23,399
2017 $3,050 $29,942 $9,240 $20,702
2016 $3,093 $26,018 $8,029 $17,989
2015 $2,920 $23,286 $7,186 $16,100
2014 $4,166 $30,163 $6,519 $23,644
2012 $4,404 $32,680 $7,063 $25,617
Source: Public Records

Map

Illinois Lake County Waukegan 60085 Lorraine Terrace

502 Lorraine Ave, Waukegan, IL

This home is located at 502 Lorraine Ave, Waukegan, IL 60085 and is currently estimated at $237,152, approximately $200 per square foot. 502 Lorraine Ave is a home located in Lake County with nearby schools including Hyde Park Elementary School, Miguel Juarez Middle School, and Waukegan High School.

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.

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