NOT LISTED FOR SALE

509 Lorraine Ave Waukegan, IL 60085

Lorraine Terrace Neighborhood

Estimated Value: $174,000 - $234,000

2 Beds
1 Bath
900 Sq Ft
$218/Sq Ft Est. Value

About This Home

This home is located at 509 Lorraine Ave, Waukegan, IL 60085 and is currently estimated at $196,335, approximately $218 per square foot. 509 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
Aug 28, 2002
Sold by
Watson Joan D
Bought by
Novotny Robert H
Current Estimated Value
$196,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.39%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Novotny Robert H $110,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novotny Robert H $64,995
Closed Novotny Robert H $83,092
Closed Novotny Robert H $84,900
Closed Novotny Robert H $85,000
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 $2,943 $43,798 $9,065 $34,733
2023 $2,840 $39,213 $8,117 $31,096
2022 $2,840 $35,054 $7,399 $27,655
2021 $2,577 $30,719 $6,969 $23,750
2020 $2,564 $28,618 $6,492 $22,126
2019 $2,528 $26,224 $5,949 $20,275
2018 $2,335 $24,440 $7,018 $17,422
2017 $2,222 $21,623 $6,209 $15,414
2016 $1,976 $18,789 $5,395 $13,394
2015 $1,827 $16,817 $4,829 $11,988
2014 $1,941 $17,010 $4,345 $12,665
2012 $2,625 $18,429 $4,707 $13,722
Source: Public Records

Map

Illinois Lake County Waukegan 60085 Lorraine Terrace

509 Lorraine Ave, Waukegan, IL

This home is located at 509 Lorraine Ave, Waukegan, IL 60085 and is currently estimated at $196,335, approximately $218 per square foot. 509 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.

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