NOT LISTED FOR SALE

7037 Lorraine Terrace Berwyn, IL 60402

Estimated Value: $182,000 - $331,000

3 Beds
2 Baths
1,500 Sq Ft
$179/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $225,000 $150 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,950/month

19 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Detached Garage
  • Georgian Architecture
  • Heated Sun or Florida Room
  • Breakfast Bar

About This Home

As of November 2018

Lovely Georgian home on a quiet, cul-de-sac street, in Lyons school district. Main floor has spacious living room, dining room, kitchen with breakfast bar, sun room addition, and half bath. 2nd floor has 3 bedrooms with good closet space and full bath with refinished tub and new shower tile. Lower level has large recreation area, laundry and storage rooms. Hardwood floors throughout were recently refinished. Flood control system. Huge yard with 1 car garage. Close to shops, restaurants, schools, Haley Park and Cermak Woods Forest Preserve.

Last Agent to Sell the Property

Nancy McAdam

Jameson Sotheby's Intl Realty License #475105499 Listed on: 08/29/2018

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Perfecto Carrillo

Agent 1 Realty Group LLC License #471020295

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,334

Year Renovated

  • 2018

Lot Details

  • 4,356

Parking

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

Home Design

  • Georgian Architecture
  • Brick Exterior Construction

Interior Spaces

  • Recreation Room
  • Heated Sun or Florida Room
  • Storage Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • North or South Exposure

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $6,750 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,334

Year Renovated

2018

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Georgian
  • Type Detached: 2 Stories
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 17X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X10, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Sun/Florida Room Heated, Recreation Room, Storage
  • Master Bedroom: Dimensions: 14X11, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Sun/Florida Room Heated, Dimensions: 18X14, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Additional Room 2 Name: Recreation Rm, Dimensions: 11X21, On Level: Basement, Flooring: Other
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 3 Name: Storage, Dimensions: 12X12, On Level: Basement, Flooring: Other
  • Bedroom 3: Dimensions: 10X8, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Estimated Sq Ft: 1500
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Exposure: N (North)
  • Acreage: 0.1061

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 103
  • Junior High Dist: 103

Lot Info

  • Lot Dimensions: 45X106
  • Parcel Identification Number: 19061250140000

Tax Info

  • Taxes: 4151.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
Quicken Loans Llc
Bought by
Romero Jose Esteban
Current Estimated Value
$268,202

Purchase Details

Closed on
Mar 11, 2020
Sold by
Escobedo Julian
Bought by
Quicken Loans Inc

Purchase Details

Listed on
Aug 29, 2018
Closed on
Nov 15, 2018
Sold by
Flores Miguel and Flores Alisha G
Bought by
Escobedo Julian and Camacho Maria
Seller's Agent
Nancy McAdam
Jameson Sotheby's Intl Realty
Buyer's Agent
Perfecto Carrillo
Agent 1 Realty Group LLC
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$220,924
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
May 24, 2014
Closed on
Aug 12, 2014
Sold by
Ditkowich Michael and Ditkowich Melissa G
Bought by
Flores Alisha G and Flores Miguel
Seller's Agent
Jeanne Baker
Alden Realty Services Inc
Buyer's Agent
Nancy McAdam
Jameson Sotheby's Intl Realty
List Price
$184,900
Sold Price
$181,000
Premium/Discount to List
-$3,900
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$175,570
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2000
Sold by
Sichta Charles J
Bought by
Ditkowich Michael and Ditkowich Melissa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.27%

Purchase Details

Closed on
Apr 7, 1997
Sold by
Sichta James and Sichta Georgia
Bought by
Sichta James and James Sichta Declaration Of Trust
Source: Public Records

Range of Values:

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Average Value
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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
Romero Jose Esteban $159,500 Premier Title Company
Quicken Loans Inc -- Fidelity National Title
Escobedo Julian $225,000 Fidelity National Title Insu
Flores Alisha G $181,000 --
Flores Alisha G $181,000 --
Flores Alisha G $181,000 --
Ditkowich Michael $120,500 Chicago Title Insurance Co
Sichta James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Escobedo Julian $220,924
Previous Owner Flores Alisha G $175,570
Previous Owner Ditkowich Michael $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $225,000 0.0% $150 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $225,000 +24.3% $150 / Sq Ft
07/19/2014 07/19/14 Sold $181,000 -2.1% $121 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
05/24/2014 05/24/14 For Sale $184,900 -- $123 / 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 $6,334 $19,000 $4,158 $14,842
2023 $7,787 $19,000 $4,158 $14,842
2022 $7,787 $19,620 $3,581 $16,039
2021 $7,539 $19,619 $3,580 $16,039
2020 $7,409 $19,619 $3,580 $16,039
2019 $5,821 $13,594 $3,234 $10,360
2018 $4,247 $13,594 $3,234 $10,360
2017 $4,152 $13,594 $3,234 $10,360
2016 $3,521 $10,522 $2,656 $7,866
2015 $4,435 $13,060 $2,656 $10,404
2014 $4,332 $13,060 $2,656 $10,404
2013 $4,933 $15,552 $2,656 $12,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10066042

Midwest Real Estate Data (MRED)

APN: 19-06-125-014-0000