NOT LISTED FOR SALE

7041 Lorraine Terrace Berwyn, IL 60402

Estimated Value: $269,000 - $344,000

3 Beds
3 Baths
1,300 Sq Ft
$243/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $216,000 $166 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,192/month

14 Days on Market

Highlights

  • Georgian Architecture
  • Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Wet Bar

About This Home

As of June 2015

MOVE IN READY QUALITY HOME W/MANY UPGRADES & NO EXPENSE SPARED! 3 LEVELS WHICH INCLUDE 3 BR.'S, 2.1 BTHS. FIN.BASE W/WET BAR AND REC. RM. SIDE DRIVE TO 2.5 CAR GAR. BIG FENCED IN YARD W/GREAT DECK TO ENJOY THOSE SUMMER NIGHTS!!! LOCATED ON A QUIET CUL-DE-SAC STREET. CLOSE TO SHOPS, SCHOOLS & TRANSPORTATION. SHOW THE REST, SELL THE BEST!!

Last Agent to Sell the Property

Anthony Conforti

Chicago Real Estate Resources License #475138299 Listed on: 04/11/2015

Last Buyer's Agent

Geovanni Guerra

Realty of America License #475140706

Realty of America

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,896

Year Built

  • 1948

Lot Details

  • 4,356

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Georgian Architecture
  • Brick Exterior Construction

Interior Spaces

  • Wet Bar
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $7,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,896

Year Built

1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • 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: Bar-Wet, Hardwood Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 21X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Equipment: CO Detectors, Ceiling Fan
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X19, On Level: Basement
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X8, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1300
  • Dining Room Type: Separate
  • Family Room: Dimensions: 12X20, On Level: Basement

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1061

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 201
  • Junior High Dist: 103

Lot Info

  • Lot Dimensions: 50X105
  • Parcel Identification Number: 19061250130000

Tax Info

  • Taxes: 4968.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2015
Closed on
Jun 24, 2015
Sold by
Castaldo Development Llc
Bought by
Gonzalez Juan
Seller's Agent
Anthony Conforti
Chicago Real Estate Resources
Buyer's Agent
Geovanni Guerra
Realty of America
List Price
$229,900
Sold Price
$216,000
Premium/Discount to List
-$13,900
-6.05%
Current Estimated Value
$310,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,636
Avg. Annual Appreciation
3.25%
Original Mortgage
$5,000
Interest Rate
3.86%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 11, 2014
Sold by
Burns Carmel
Bought by
Castaldo Development Llc

Purchase Details

Closed on
Jan 21, 2008
Sold by
Burns Carmel
Bought by
Okane Patrick and Burns Carmel

Purchase Details

Closed on
Aug 15, 2005
Sold by
Nicezyporuk Robert and Nicezyporuk Lori
Bought by
Burns Carmel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 24, 2000
Sold by
Homan Lawrence S
Bought by
Nicezyporuk Robert V and Nicezyporuk Lorie Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,820
Interest Rate
8.05%
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
Gonzalez Juan $216,000 Git
Castaldo Development Llc $100,000 None Available
Okane Patrick -- Chicago Title Insurance Co
Burns Carmel $262,500 Attorneys Title Guaranty Fun
Nicezyporuk Robert V $143,000 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Juan $216
Open Gonzalez Juan $62,732
Closed Gonzalez Juan $5,000
Open Gonzalez Juan $212,087
Previous Owner Burns Carmel $210,000
Previous Owner Burns Carmel $26,250
Previous Owner Nicezyporuk Robert $30,000
Previous Owner Nicezyporuk Robert $146,667
Previous Owner Nicezyporuk Robert V $141,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $216,000 -6.0% $166 / Sq Ft
04/25/2015 04/25/15 Pending -- -- --
04/11/2015 04/11/15 For Sale $229,900 -- $177 / 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 $5,896 $21,000 $4,158 $16,842
2023 $5,633 $21,000 $4,158 $16,842
2022 $5,633 $17,615 $3,581 $14,034
2021 $5,489 $17,614 $3,580 $14,034
2020 $5,480 $17,614 $3,580 $14,034
2019 $5,002 $15,110 $3,234 $11,876
2018 $4,880 $15,110 $3,234 $11,876
2017 $4,767 $15,110 $3,234 $11,876
2016 $4,730 $13,276 $2,656 $10,620
2015 $5,641 $13,276 $2,656 $10,620
2014 $4,422 $13,276 $2,656 $10,620
2013 $4,968 $15,644 $2,656 $12,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08888330

Midwest Real Estate Data (MRED)

APN: 19-06-125-013-0000