NOT LISTED FOR SALE

862 Loraine Ave Springfield, IL 62704

Historic West Side Neighborhood

Estimated Value: $245,000 - $266,000

Studio
-- Bath
-- Sq Ft
5,576 Sq Ft Lot

About This Home

This home is located at 862 Loraine Ave, Springfield, IL 62704 and is currently estimated at $255,500. 862 Loraine Ave is a home located in Sangamon County with nearby schools including Elizabeth Graham Elementary School, Benjamin Franklin Middle School, and Springfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Property Dog Llc
Bought by
Loraine Property Group Llc
Current Estimated Value
$255,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Outstanding Balance
$392,915
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$137,415

Purchase Details

Closed on
Jun 28, 2019
Sold by
Janssen David B and Janssen Ann Julie
Bought by
Property Dog Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1994
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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ICE

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First American

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Quantarium

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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
Loraine Property Group Llc $505,000 None Listed On Document
Property Dog Llc $330,000 Illinois Real Estate Title
-- $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loraine Property Group Llc $404,000
Previous Owner Property Dog Llc $280,500
Source: Public Records

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 $6,753 $80,395 $4,846 $75,549
2023 $5,711 $64,597 $4,426 $60,171
2022 $5,491 $61,275 $4,198 $57,077
2021 $5,309 $58,981 $4,041 $54,940
2020 $5,203 $59,070 $4,047 $55,023
2019 $4,896 $56,436 $4,033 $52,403
2018 $5,324 $63,007 $4,014 $58,993
2017 $5,213 $62,192 $3,962 $58,230
2016 $5,111 $61,285 $3,904 $57,381
2015 $5,061 $60,552 $3,857 $56,695
2014 $4,986 $60,161 $3,832 $56,329
2013 $4,874 $60,161 $3,832 $56,329
Source: Public Records

Map

Illinois Sangamon County Springfield 62704 Historic West Side

862 Loraine Ave, Springfield, IL

Not Listed for Sale

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