NOT LISTED FOR SALE

862 Loraine Ave Springfield, IL 62704

Historic West Side Neighborhood

Estimated Value: $235,000 - $568,000

-- Bed
-- 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 $334,839. 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
$348,667

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
$396,153
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$85,486

Purchase Details

Closed on
Mar 31, 1994
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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
-- $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loraine Property Group Llc $404,000
Previous Owner Property Dog Llc $561,000
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

This home is located at 862 Loraine Ave, Springfield, IL 62704 and is currently estimated at $334,839. 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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