NOT LISTED FOR SALE

7025 Lorraine Terrace Berwyn, IL 60402

Estimated Value: $336,000 - $399,000

3 Beds
2 Baths
1,755 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $175,900 $100 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,669/month

60 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Detached Garage
  • Georgian Architecture
  • Home Office
  • Breakfast Bar

About This Home

As of October 2014

Truly special ALL brick 2-Story w/SURPRISE BRICK ADDITION*Grade-level Family Room w/toasty FIREPLACE*Love the 17 ft Master Bdrm PLUS adjoining office & private balcony*Snug, tight windows*Central Air*Finished Basement Rec Rm & EXTRA storage*Low traffic street*Ready to move in!*NOT a Short Sale or Foreclosure - Just a great deal on a B-I-G house*Short walk to White Eagle Woods-Nice*PRICED TO SELL NOW*Big Value*SEE IT!

Last Agent to Sell the Property

Jim Nealis

RE/MAX 10 License #475080725 Listed on: 07/10/2014

RE/MAX 10

Last Buyer's Agent

Magali Miranda

I.D.S. Realty, Inc. License #475146181

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,230

Year Built

  • 1948

Lot Details

  • 4,356

Parking

  • Detached Garage
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

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

Interior Spaces

  • Wood Burning Fireplace
  • Heatilator
  • Home Office
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Patio
  • Southern Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,230

Year Built

1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Georgian
  • Type Detached: 2 Stories
  • Estimated Year Built: 1948
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Interior Property Features: Hardwood Floors, Wood Laminate Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 17X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Equipment: CO Detectors, Sump Pump
  • Fireplace Details: Wood Burning, Heatilator Type System
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 12X14, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Office, Recreation Room
  • Master Bedroom: Dimensions: 17X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Recreation Rm, Dimensions: 21X20, On Level: Basement, Flooring: Vinyl, Windows: None
  • Additional Room 2 Name: Office, Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 10X09, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1755
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 16X13, On Level: Main Level, Flooring: Carpet, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens
  • Exposure: N (North), S (South)
  • Acreage: 0.1061

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 201
  • High School: J STERLING MORTON WEST HIGH SCHO
  • Junior High Dist: 101

Lot Info

  • Lot Dimensions: 44 X 105
  • Parcel Identification Number: 19061250170000

Tax Info

  • Taxes: 5922

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2014
Closed on
Oct 10, 2014
Sold by
Finwall Properties Inc
Bought by
Cadena Cecilia
Seller's Agent
Jim Nealis
RE/MAX 10
Buyer's Agent
Magali Miranda
I.D.S. Realty, Inc.
List Price
$189,900
Sold Price
$175,900
Premium/Discount to List
-$14,000
-7.37%
Current Estimated Value
$362,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,280
Avg. Annual Appreciation
6.26%
Original Mortgage
$163,715
Outstanding Balance
$128,504
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$211,365

Purchase Details

Closed on
Apr 4, 2014
Sold by
County Of Cook
Bought by
Finwall Properties Inc

Purchase Details

Closed on
Nov 30, 2005
Sold by
Pekar Robert F and Pekar Maria J
Bought by
Padilla Francisco J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,800
Interest Rate
8.5%
Mortgage Type
Fannie Mae Freddie Mac
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cadena Cecilia $176,000 1St American Title
Finwall Properties Inc -- None Available
Padilla Francisco J $284,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cadena Cecilia $163,715
Previous Owner Padilla Francisco J $30,000
Previous Owner Padilla Francisco J $273,568
Previous Owner Padilla Francisco J $269,800
Previous Owner Pekar Robert F $229,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2014 10/10/14 Sold $175,900 0.0% $100 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
08/06/2014 08/06/14 Price Changed $175,900 -2.2% $100 / Sq Ft
07/22/2014 07/22/14 Price Changed $179,900 -5.3% $103 / Sq Ft
07/10/2014 07/10/14 For Sale $189,900 -- $108 / 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 $8,230 $28,000 $4,158 $23,842
2023 $6,987 $28,000 $4,158 $23,842
2022 $6,987 $21,027 $3,581 $17,446
2021 $6,799 $21,025 $3,580 $17,445
2020 $6,768 $21,025 $3,580 $17,445
2019 $6,510 $18,633 $3,234 $15,399
2018 $6,353 $18,633 $3,234 $15,399
2017 $6,199 $18,633 $3,234 $15,399
2016 $6,971 $15,887 $2,656 $13,231
2015 $6,750 $15,887 $2,656 $13,231
2014 $5,500 $15,887 $2,656 $13,231
2013 $6,036 $18,441 $2,656 $15,785
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08668612

Midwest Real Estate Data (MRED)

APN: 19-06-125-017-0000