NOT LISTED FOR SALE

7 Lorrie Ln Unit 1 Springfield, IL 62703

Estimated Value: $271,000 - $288,000

5 Beds
2 Baths
2,026 Sq Ft
$138/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $245,000 $121 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,996/month

2 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • Central Heating
  • Glenwood High School Rated A-
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of April 2024

Springfield address, Chatham schools! This home sits in the neighborhood right next to Southwind Park, and will give you everything you need! Nice, open floor plan. Kitchen is light and bright with quartz countertops, plenty of cabinets and a pantry. Massive laundry/mud room. Primary suite has double closets and a beautifully tiled walk-in shower. 5th bedroom is smaller and was used as an office, but has a closet. Fully fenced in yard. Recent updates: AC with Heat Pump 2023, New Septic 2021, Hall bath flooring and vanity 2023, flooring in 5th bedroom 2024, Refrigerator 2022, dishwasher 2022, washer/dryer 2022, bedroom thermostats 2023. Roof 2015, garage roof 2020, Water heater 2018, bedroom carpet 2019. Seller has loved the home and it been perfect for their growing family, but they have decided to sell in order to be closer to their family. They will miss the pleasant neighborhood, Southwind Park, and the openness of the kitchen/living area. Call your favorite Realtor and have them show you this cutie!

Last Agent to Sell the Property

Debra Sarsany

The Real Estate Group, Inc. Brokerage Phone: 217-313-0580 License #475118739 Listed on: 02/29/2024

The Real Estate Group, Inc.

Last Buyer's Agent

NANCY LONG

IN BETWEEN OFFICES License #475097433

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,526

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 150x106x140x112

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2,026 Sq Ft Home
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Chatham District #5 High School

Utilities

  • Central Heating
  • Heat Pump System
  • Baseboard Heating
  • Septic System

Community Details

  • Lakewind Acres Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 22280232006

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,526

Year Built

Built in 1996

Lot Details

0.34 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1996
  • Architectural Style: Ranch
  • New Construction: No
  • Age55PlusDevelopment: No
  • Attribution Contact: Mobl: 217-313-0580
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Living Area: 2026
  • KitchenDining: Breakfast Bar,Dining Formal,Pantry

Exterior Features

  • Lot Features: Other
  • Construction Type: Brick
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Baseboard, Heat Pump, Central Air
  • Water Source: Public, Septic System

Schools

  • High School: Chatham District #5

Lot Info

  • Lot Size: 150x106x140x112
  • Parcel #: 22280232006

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5526
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 11, 2024
Sold by
Pearson Justin and Lehman Kaylan
Bought by
Smith Geoffrey R and Smith Kendra B
Seller's Agent
Debra Sarsany
The Real Estate Group, Inc.
Buyer's Agent
NANCY LONG
IN BETWEEN OFFICES
List Price
$239,900
Sold Price
$245,000
Premium/Discount to List
$5,100
2.13%
Views
999
Current Estimated Value
$279,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,489
Avg. Annual Appreciation
6.88%
Original Mortgage
$237,650
Outstanding Balance
$234,099
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$45,390

Purchase Details

Listed on
Nov 11, 2021
Closed on
Mar 3, 2022
Sold by
Craig Reincke S and Craig Rachelle M
Bought by
Pearson Justin
Seller's Agent
The Easley Team
The Real Estate Group, Inc.
Buyer's Agent
The Easley Team
The Real Estate Group, Inc.
List Price
$244,900
Sold Price
$235,000
Premium/Discount to List
-$9,900
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.01%
Original Mortgage
$213,128
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2021
Closed on
Aug 30, 2021
Sold by
Webster Julie A
Bought by
Reincke S Craig S and Reincke Rachelle M
Seller's Agent
Matt Garrison
The Real Estate Group, Inc.
Buyer's Agent
The Easley Team
The Real Estate Group, Inc.
List Price
$219,900
Sold Price
$230,000
Premium/Discount to List
$10,100
4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$230,000
Interest Rate
3.99%
Mortgage Type
Construction

Purchase Details

Closed on
May 1, 2015

Purchase Details

Closed on
Oct 28, 2005

Purchase Details

Closed on
May 14, 2004
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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Purchase History

Date Buyer Sale Price Title Company
Smith Geoffrey R $245,000 None Listed On Document
Pearson Justin $235,000 Fernandes David A
Reincke S Craig S $230,000 None Listed On Document
-- -- --
-- $133,000 --
-- $122,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Geoffrey R $237,650
Previous Owner Pearson Justin $213,128
Previous Owner Reincke S Craig S $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2024 04/05/24 Sold $245,000 +2.1% $121 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $239,900 +2.1% $118 / Sq Ft
03/03/2022 03/03/22 Sold $235,000 -2.0% $116 / Sq Ft View Prior Sale
01/15/2022 01/15/22 Pending -- -- --
01/12/2022 01/12/22 Price Changed $239,900 -2.0% $118 / Sq Ft
11/11/2021 11/11/21 For Sale $244,900 +6.5% $120 / Sq Ft
08/30/2021 08/30/21 Sold $230,000 +4.6% $113 / Sq Ft View Prior Sale
07/27/2021 07/27/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $219,900 -- $108 / Sq Ft
Source: RMLS Alliance

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 $6,023 $88,873 $9,900 $78,973
2023 $6,152 $82,290 $9,167 $73,123
2022 $5,526 $72,260 $8,675 $63,585
2021 $3,511 $51,365 $8,335 $43,030
2020 $3,443 $50,806 $8,244 $42,562
2019 $3,318 $49,918 $8,100 $41,818
2018 $3,237 $49,704 $8,065 $41,639
2017 $3,154 $48,940 $7,941 $40,999
2016 $3,059 $47,677 $7,736 $39,941
2015 $3,018 $46,600 $7,561 $39,039
2014 $2,935 $46,212 $7,498 $38,714
2013 $2,952 $46,707 $7,578 $39,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1027564

RMLS Alliance

APN: 22-28.0-232-006

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