NOT LISTED FOR SALE

7021 Lorraine Terrace Berwyn, IL 60402

Estimated Value: $275,000 - $332,000

2 Beds
2 Baths
1,279 Sq Ft
$236/Sq Ft Est. Value

Last Sold September 28, 2013

Last sale price $130,100 $102 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,073/month

48 Days on Market

Highlights

  • Formal Dining Room
  • Fenced Yard
  • Central Air

About This Home

As of September 2013

Charming Georgian, newer windows & hardwood floors thruout largest lot on street with lovely pines pear tree grapevines roses lilies and more. oversized master bdrm can be easily converted for 3rd bed. Room on property to expand home as well. Great starter or investor project. 8mins to I-55 and 5 min to Metra.

Last Agent to Sell the Property

Marlene Piat

@properties Christie's International Real Estate License #475125072 Listed on: 07/10/2013

@properties Christie's International Real Estate

Last Buyer's Agent

Jorge Luna

REMAX Legends License #475101633

REMAX Legends

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,562

Year Built

  • 1949

Lot Details

  • Fenced Yard
  • Irregular Lot

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Oven or Range

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$5,562

Year Built

1949

Lot Details

0

Parking

1

Interior Features

  • Total # Of Rooms: 5
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Attic: Full, Unfinished
  • Basement: Full
  • Basement: Partially Finished
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 20X12
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 14X11
  • Second Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 17X11
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 11X10
  • Dining Room Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 11X11
  • Kitchen Flooring: Hardwood

Exterior Features

  • Foundation: Brick, Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 1
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s)
  • Driveway: Concrete

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 103

Lot Info

  • Lot Dimensions: 93.5 X 128.7 X 27.8 X 105
  • Lot Description: Fenced Yard, Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2013
Closed on
Sep 20, 2013
Sold by
Chicago Title Land Trust Co
Bought by
Alvarez Araceli R
Seller's Agent
Marlene Piat
@properties Christie's International Real Estate
Buyer's Agent
Jorge Luna
REMAX Legends
List Price
$119,500
Sold Price
$130,100
Premium/Discount to List
$10,600
8.87%
Current Estimated Value
$302,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,244
Avg. Annual Appreciation
7.27%
Original Mortgage
$117,090
Outstanding Balance
$88,975
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$213,369
Source: Public Records

Range of Values:

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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
Alvarez Araceli R $130,500 Proper Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Araceli R $117,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2013 09/28/13 Sold $130,100 +8.9% $102 / Sq Ft
08/27/2013 08/27/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $119,500 0.0% $93 / Sq Ft
07/11/2013 07/11/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $119,500 -- $93 / 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 $5,562 $20,000 $5,908 $14,092
2023 $5,180 $20,000 $5,908 $14,092
2022 $5,180 $16,474 $5,087 $11,387
2021 $5,050 $16,473 $5,087 $11,386
2020 $5,049 $16,473 $5,087 $11,386
2019 $4,893 $14,856 $4,594 $10,262
2018 $4,774 $14,856 $4,594 $10,262
2017 $4,664 $14,856 $4,594 $10,262
2016 $4,718 $13,250 $3,774 $9,476
2015 $4,515 $13,250 $3,774 $9,476
2014 $4,411 $13,250 $3,774 $9,476
2013 $6,003 $15,724 $3,774 $11,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08390256

Midwest Real Estate Data (MRED)

APN: 19-06-125-018-0000