NOT LISTED FOR SALE

507 S Lorraine Rd Wheaton, IL 60187

Estimated Value: $928,000 - $1,072,102

6 Beds
4 Baths
3,509 Sq Ft
$285/Sq Ft Est. Value

Last Sold August 14, 2013

Last sale price $482,000 $137 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $6,725/month

126 Days on Market

Highlights

  • Whirlpool Bathtub
  • Formal Dining Room
  • Zoned Heating and Cooling
  • Lowell Elementary School Rated A
  • Fenced Yard
  • Tandem Garage

About This Home

As of August 2013

GORGEOUS HOME WITH STATE OF THE ART FINISHES IN DESIRABLE WHEATON HOME.... THIS HOME FEATURES; 6 BEDROOMS (1 on first floor), 4 FULL BATHS, 4 CAR GARAGE (1 space Tandem). KITCHEN HAS SS APPLIANCES. GRANITE COUNTERS AND WINE COOLER. MASTER BATH W/ SEPERATE SHOWER/WHIRLPOOL. SEE THROUGH FIREPLACE, CATHEDRAL CEILINGS AND 2ND FLOOR LAUNDRY. FENCED PRIVATE YARD WITH UNDERGROUND SPRINKLERS, SERVICE GARAGE DOOR AND PATIO

Last Agent to Sell the Property

Christina White

Baird & Warner License #475123428 Listed on: 02/21/2013

Baird & Warner

Last Buyer's Agent

Mary Carol Chrisman

Berkshire Hathaway HomeServices Chicago License #475125228

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Other

Year Built

  • 2007

Lot Details

  • 0.26

Parking

  • Garage
  • Garage Transmitter
  • Tandem Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Stucco Exterior Insulation and Finish Systems
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Crawl Space

Schools

  • Lowell Elementary School
  • Wheaton North High School

Utilities

  • Zoned Heating and Cooling
  • Lake Michigan Water

Additional Features

  • Formal Dining Room
  • Fenced Yard

Property Details

Home Type

Other

Year Built

2007

Lot Details

0

Parking

4

Interior Features

  • Total # Of Rooms: 12
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, Security System, CO Detectors, Ceiling Fan, Sprinkler-Lawn, Radon Mitigation System(s)
  • Fireplace Type/Details: See through/Multi Sided, Attached Fireplace Doors/Screen, Gas Logs
  • Fireplaces: 1
  • Basement: Partial
  • Basement: Finished, Crawl
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 19X18
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 17X12
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 17X10
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 14X13
  • Fourth Bedroom Flooring: Carpet
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Living Room Level: Main Level
  • Living Room Size: 19X13
  • Living Room Flooring: Wood Laminate
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 14X09
  • Dining Room Flooring: Wood Laminate
  • Family Room Level: Main Level
  • Family Room Size: 20X13
  • Family Room Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island
  • Kitchen Level: Main Level
  • Kitchen Size: 16X10
  • Kitchen Flooring: Wood Laminate

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick, EIFS (e.g. Dryvit).
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 4
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Transmitter(s), Tandem
  • Driveway: Concrete

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air, Zoned

Schools

  • Elementary School: Lowell Elementary School
  • High School: Wheaton North High School
  • Junior High Dist: 200
  • Junior High: Franklin Middle School

Lot Info

  • Lot Dimensions: 80X150
  • Lot Description: Fenced Yard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2013
Closed on
Aug 7, 2013
Sold by
Kile Evan W and Kile Allison
Bought by
Solomon Iren
Seller's Agent
Christina White
Baird & Warner
Buyer's Agent
Mary Carol Chrisman
Berkshire Hathaway HomeServices Chicago
List Price
$539,900
Sold Price
$482,000
Premium/Discount to List
-$57,900
-10.72%
Current Estimated Value
$999,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,526
Avg. Annual Appreciation
6.07%
Original Mortgage
$409,700
Outstanding Balance
$296,729
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$702,797

Purchase Details

Closed on
Nov 4, 2009
Sold by
Current Development Corporation
Bought by
Kile Evan and Kile Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2009
Sold by
Federal Deposit Insurance Corporation
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Apr 3, 2009
Sold by
Jp Morgan Chase Bank National Associatio
Bought by
Current Development Corporation

Purchase Details

Closed on
Sep 23, 2008
Sold by
Stone Dawn and Washington Mutual Bank
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Jun 7, 2005
Sold by
Triggs Wilfred O and Triggs Lorraine E
Bought by
Stone Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,400
Interest Rate
5.87%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Solomon Iren $482,000 Baird & Warner Title Service
Kile Evan $500,000 Ctic
Jpmorgan Chase Bank National Association $500 Registered Title Ins Agent
Current Development Corporation $413,100 Servicelink
Lasalle Bank Na -- None Available
Stone Dawn $235,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solomon Iren $409,700
Previous Owner Kile Evan $400,000
Previous Owner Stone Dawn $188,400
Closed Stone Dawn $47,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2013 08/14/13 Sold $482,000 -3.4% $137 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
05/30/2013 05/30/13 Price Changed $499,000 -4.8% $142 / Sq Ft
04/02/2013 04/02/13 Price Changed $524,000 -2.9% $149 / Sq Ft
02/21/2013 02/21/13 For Sale $539,900 -- $154 / 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 $18,038 $287,874 $37,546 $250,328
2023 $17,367 $264,980 $34,560 $230,420
2022 $16,928 $250,430 $32,670 $217,760
2021 $16,878 $244,480 $31,890 $212,590
2020 $16,829 $242,200 $31,590 $210,610
2019 $16,452 $235,810 $30,760 $205,050
2018 $17,320 $245,130 $32,760 $212,370
2017 $17,077 $236,090 $31,550 $204,540
2016 $11,821 $160,660 $30,290 $130,370
2015 $12,327 $160,660 $28,900 $131,760
2014 $12,287 $157,540 $19,040 $138,500
2013 $16,226 $212,050 $19,100 $192,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08275503

Midwest Real Estate Data (MRED)

APN: 05-15-416-028