NOT LISTED FOR SALE

520 Lorraine Ave Waukegan, IL 60085

Lorraine Terrace Neighborhood

Estimated Value: $266,000 - $278,000

3 Beds
2 Baths
2,688 Sq Ft
$101/Sq Ft Est. Value

About This Home

This home is located at 520 Lorraine Ave, Waukegan, IL 60085 and is currently estimated at $271,033, approximately $100 per square foot. 520 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
Nov 11, 2020
Sold by
Magee Arnold and Magee Mikki
Bought by
Fajardo Diego
Current Estimated Value
$271,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,350
Outstanding Balance
$162,860
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$108,173

Purchase Details

Closed on
Sep 25, 1999
Sold by
Magee Arnold
Bought by
Magee Arnold and Magee Mikki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
10.75%

Purchase Details

Closed on
Nov 13, 1998
Sold by
Larson Jimmie L and Larson Joy
Bought by
Magee Arnold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
9.9%
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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
Fajardo Diego $193,000 First American Mortgage Sln
Magee Arnold -- First American Title
Magee Arnold $95,000 Lawyers Title Pick Up
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fajardo Diego $183,350
Previous Owner Magee Arnold $125,100
Previous Owner Magee Arnold $105,300
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 $5,432 $73,283 $11,583 $61,700
2023 $5,221 $65,610 $10,370 $55,240
2022 $5,221 $59,403 $9,452 $49,951
2021 $4,775 $51,799 $8,904 $42,895
2020 $4,790 $48,257 $8,295 $39,962
2019 $4,768 $44,220 $7,601 $36,619
2018 $4,364 $40,136 $8,966 $31,170
2017 $4,198 $35,509 $7,932 $27,577
2016 $3,841 $30,856 $6,893 $23,963
2015 $3,651 $27,616 $6,169 $21,447
2014 $3,998 $29,169 $5,323 $23,846
2012 $5,175 $31,600 $5,766 $25,834
Source: Public Records

Map

Illinois Lake County Waukegan 60085 Lorraine Terrace

520 Lorraine Ave, Waukegan, IL

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