914 E Lorraine Ave Addison, IL 60101
3
Beds
1
Bath
--
Sq Ft
9,583
Sq Ft Lot
Highlights
- 2 Car Detached Garage
- Living Room
- Forced Air Heating System
- Churchville Middle School Rated A-
- 1-Story Property
About This Home
As of March 2024Quaint, Charming with tons of upside is the best way to describe this spacious 3 bedroom cape cod in the heart of Addison. The home is a versatile property in which you can buy, complete some updates and build equity but also can be a great passive income home in which you can rent it while gaining equity. The home has a large open living room with low maintenance tile flooring, off the living room is a spacious kitchen with a bedroom on the main level. There are two additional bedrooms on the second level, the home is on a deep lot, features a 2 car detached garage and close to major expressway. These value add homes in sought after Addison do not last long, get inside today to appreciate all the home has to offer!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,811
Year Built
- Built in 1961
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Aluminum Siding
Interior Spaces
- 1-Story Property
- Living Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- Forced Air Heating System
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2024
Closed on
Mar 8, 2024
Sold by
Mellske Rita
Bought by
Conde Gilberto T and Govedarica Jovana
Seller's Agent
Giovanni Arenella
Century 21 Circle
Buyer's Agent
Dancy Bateman
Baird & Warner
List Price
$335,000
Sold Price
$319,900
Premium/Discount to List
-$15,100
-4.51%
Total Days on Market
82
Views
136
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,861
Avg. Annual Appreciation
5.36%
Original Mortgage
$255,920
Outstanding Balance
$253,165
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$87,596
Purchase Details
Listed on
Jul 19, 2022
Closed on
Aug 22, 2022
Sold by
Marys Lane Lor Llc
Bought by
Mellske Rita
Seller's Agent
Neil Gates
Chase Real Estate LLC
Buyer's Agent
Giovanni Arenella
Century 21 Circle
List Price
$319,900
Sold Price
$310,000
Premium/Discount to List
-$9,900
-3.09%
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$100,000
Interest Rate
5.51%
Mortgage Type
Balloon
Purchase Details
Listed on
Dec 14, 2021
Closed on
Mar 17, 2022
Sold by
Mtglq Investors Lp
Bought by
Marys Lane Lor Llc
Seller's Agent
Ryan Smith
RE/MAX Properties
Buyer's Agent
Christian Chase
Chase Real Estate LLC
List Price
$215,000
Sold Price
$185,000
Premium/Discount to List
-$30,000
-13.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
275.70%
Original Mortgage
$192,500
Interest Rate
8.49%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 6, 2021
Sold by
Garza Guadalupe P
Bought by
Mtglq Investors Lp
Purchase Details
Closed on
Jan 18, 2003
Sold by
Garza Guadalupe P and Montalvo Jose
Bought by
Garza Guadalupe P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
5.94%
Purchase Details
Closed on
Apr 24, 2001
Sold by
Garza Guadalupe P
Bought by
Garza Guadalupe P and Montalvo Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,500
Interest Rate
6.95%
Purchase Details
Closed on
May 25, 2000
Sold by
Garza Guadalupe P and Quintana Vazquez Manuel
Bought by
Garza Guadalupe P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
9.25%
Purchase Details
Closed on
Aug 5, 1999
Sold by
Garza Guadalupe P and Bonilla Ismael R
Bought by
Garza Guadalupe P and Quintana Vazquez Manuel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,125
Interest Rate
8.5%
Purchase Details
Closed on
Sep 4, 1994
Sold by
Keating Jo Ann Gale and Keating Dennis C
Bought by
Garza Guadalupe P and Bonilla Ismael R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,150
Interest Rate
8.64%
Mortgage Type
FHA
Map
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Similar Home in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $320,000 | Acuity Title | |
| Warranty Deed | $310,000 | -- | |
| Special Warranty Deed | $185,000 | Codilis & Associates Pc | |
| Sheriffs Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | Pntn | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | Title One | |
| Warranty Deed | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $255,920 | New Conventional | |
| Previous Owner | $100,000 | Balloon | |
| Previous Owner | $192,500 | Construction | |
| Previous Owner | $154,000 | Unknown | |
| Previous Owner | $147,000 | Unknown | |
| Previous Owner | $133,500 | No Value Available | |
| Previous Owner | $131,500 | No Value Available | |
| Previous Owner | $122,400 | No Value Available | |
| Previous Owner | $116,125 | No Value Available | |
| Previous Owner | $94,150 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/11/2024 03/11/24 | Sold | $319,900 | 0.0% | $213 / Sq Ft |
| 02/12/2024 02/12/24 | Pending | -- | -- | -- |
| 02/07/2024 02/07/24 | Price Changed | $319,900 | -4.5% | $213 / Sq Ft |
| 02/06/2024 02/06/24 | For Sale | $335,000 | +8.1% | $223 / Sq Ft |
| 08/24/2022 08/24/22 | Sold | $310,000 | -3.1% | $207 / Sq Ft |
| 07/29/2022 07/29/22 | Pending | -- | -- | -- |
| 07/19/2022 07/19/22 | For Sale | $319,900 | +72.9% | $213 / Sq Ft |
| 04/05/2022 04/05/22 | Sold | $185,000 | -14.0% | -- |
| 03/07/2022 03/07/22 | Pending | -- | -- | -- |
| 12/14/2021 12/14/21 | For Sale | $215,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2023 | $3,184 | $58,210 | $28,020 | $30,190 |
| 2022 | $3,163 | $53,080 | $25,550 | $27,530 |
| 2021 | $2,997 | $50,840 | $24,470 | $26,370 |
| 2020 | $2,811 | $48,700 | $23,440 | $25,260 |
| 2019 | $2,727 | $46,830 | $22,540 | $24,290 |
| 2018 | $1,980 | $44,850 | $22,540 | $22,310 |
| 2017 | $2,021 | $42,860 | $21,540 | $21,320 |
| 2016 | $3,270 | $39,570 | $19,890 | $19,680 |
| 2015 | $3,198 | $36,550 | $18,370 | $18,180 |
| 2014 | $3,306 | $35,900 | $20,230 | $15,670 |
| 2013 | $2,745 | $31,040 | $17,490 | $13,550 |
Source: Public Records
Source: Midwest Real Estate Data (MRED)
MLS Number: 11286567
APN: 03-34-206-023
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