Seller's Agent in 2024
Terrence Muse
RE/MAX
(847) 571-4392
3 in this area
240 Total Sales
631 Lorraine Ave Waukegan, IL 60085
Lorraine Terrace NeighborhoodEstimated Value: $248,000 - $257,000
4
Beds
2.5
Baths
2,000
Sq Ft
$127/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
- Formal Dining Room
- Enclosed Patio or Porch
About This Home
As of September 2024Beautiful 2-Story Home with Tons of Charm, close to 2000 sqft with marble flooring in the entry way, beautiful hardwood floors throughout the house. Large living room and formal dinning room. Fresh paint throughout the house. Over sized kitchen with Newer cabinets and countertop great breakfast area with walk out to the enclosed porch. Over sized rooms upstairs with a bonus room located off the Master bed room that can be used for an office or walk-in closet. Huge basement perfect for storage.
Last Agent to Sell the Property
RE/MAX Premier License #475144929 Listed on: 03/01/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,996
Year Built
- Built in 1947
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 146x48
Parking
- 2 Car Detached Garage
- Driveway
- Parking Space is Owned
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
- Formal Dining Room
- Wood Flooring
- Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Enclosed Patio or Porch
Schools
- Hyde Park Elementary School
- Miguel Juarez Middle School
- Waukegan High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 6, 2023
Sold by
I Buy Llc
Bought by
Basurto William and Basurto Silvia
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,128
Outstanding Balance
$199,268
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$53,985
Purchase Details
Listed on
Mar 1, 2022
Closed on
May 4, 2022
Sold by
Kilkelly Joan
Bought by
I Buy Llc
Seller's Agent
Gus Karigan
@properties Christie's International Real Estate
Buyer's Agent
Terrence Muse
RE/MAX Premier
List Price
$175,000
Sold Price
$175,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Basurto William | $210,000 | Chicago Title | |
| I Buy Llc | $175,000 | Drobinski Roderick |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Basurto William | $205,128 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2024 09/10/24 | Sold | $230,000 | 0.0% | $115 / Sq Ft |
| 09/10/2024 09/10/24 | Pending | -- | -- | -- |
| 03/01/2023 03/01/23 | For Sale | $230,000 | +31.4% | $115 / Sq Ft |
| 05/06/2022 05/06/22 | Sold | $175,000 | 0.0% | $101 / Sq Ft |
| 03/23/2022 03/23/22 | Pending | -- | -- | -- |
| 03/01/2022 03/01/22 | For Sale | $175,000 | -- | $101 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,000 | $71,067 | $10,766 | $60,301 |
| 2023 | $4,389 | $63,626 | $9,639 | $53,987 |
| 2022 | $4,389 | $55,895 | $8,787 | $47,108 |
| 2021 | $4,098 | $50,309 | $8,277 | $42,032 |
| 2020 | $4,066 | $46,869 | $7,711 | $39,158 |
| 2019 | $3,996 | $42,948 | $7,066 | $35,882 |
| 2018 | $2,965 | $33,337 | $8,334 | $25,003 |
| 2017 | $2,631 | $29,494 | $7,373 | $22,121 |
| 2016 | $2,858 | $29,494 | $6,407 | $23,087 |
| 2015 | $2,601 | $26,397 | $5,734 | $20,663 |
| 2014 | $2,666 | $25,911 | $5,322 | $20,589 |
| 2012 | $2,778 | $28,073 | $5,766 | $22,307 |
Source: Public Records
Agents Affiliated with this Home
-
Terrence Muse
-
Jessica Campoverde
Buyer's Agent in 2024
Jessica Campoverde
Interstate Team Realty LLC
(847) 315-0010
1 in this area
49 Total Sales
-
Gus Karigan
Seller's Agent in 2022
Gus Karigan
@ Properties
(847) 732-6393
1 in this area
51 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12160605
APN: 08-20-203-008
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