NOT LISTED FOR SALE

1009 Farwell Ct Unit 499 Gurnee, IL 60031

Estimated Value: $180,000 - $198,000

2 Beds
2 Baths
1,100 Sq Ft
$385/mo HOA Fee

Last Sold February 28, 2023

Last sale price $145,000 $132 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,835/month

47 Days on Market

Highlights

  • 1 Car Attached Garage
  • Living Room
  • Dining Room
  • Woodland Elementary School Rated A-
  • Forced Air Heating System
  • Dogs and Cats Allowed

About This Home

As of February 2023

Great Opportunity to own in Heather Ridge Subdivision. 2 bedroom 2 bath condo that is ready for a quick sale. Kitchen has been updated, large master with its own bath. In-Unit full size washer and dryer. Cul-de-sac location with a balcony.

Last Agent to Sell the Property

Timothy Coleman

10 West Real Estate Group License #471015554 Listed on: 12/06/2022

Last Buyer's Agent

John Plamoottil

Brick Stone International Inc. License #475179227

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,953

Year Built

  • Built in 1980

Lot Details

  • 44

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Warren Township High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include insurance, security, exterior maintenance, lawn care, snow removal
  • 6 Units
  • Linda Association, Phone Number (847) 816-9300
  • Property managed by AFV

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,953

Year Built

Built in 1980

Lot Details

0

HOA Fees

$385 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1100
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1828
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 149900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 385
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: AFV
  • Management Contact Name: Linda
  • Management Phone: 847-816-9300
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Security, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • High School: Warren Township High School
  • Middle/Junior School District: 50

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 2953.24
  • Tax Year: 2021

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
Mar 1, 2023
Sold by
Witt Holdings Llc
Bought by
Plamoottil Issac
Seller's Agent
Timothy Coleman
10 West Real Estate Group
Buyer's Agent
John Plamoottil
Brick Stone International Inc.
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Views
341
Current Estimated Value
$189,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,392
Avg. Annual Appreciation
12.21%
Original Mortgage
$137,750
Outstanding Balance
$134,808
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$54,420

Purchase Details

Closed on
Apr 26, 2017
Sold by
Berg Holdings Inc
Bought by
Witt Holdings Llc

Purchase Details

Closed on
Apr 11, 2017
Sold by
Fannie Mae
Bought by
Berg Holding Inc

Purchase Details

Closed on
Jul 1, 2016
Sold by
Heiti Maija L
Bought by
Federal National Mortgage Association
Source: Public Records

Similar Homes in Gurnee, IL

  • 917 Vose Dr Unit 304, Gurnee, IL 60031

    $199,500

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • 917 Vose Dr
    • Unit 304
    • Gurnee, IL

    Location, location, location !!! Beautiful remodeled condo. Garage and storage. Golf course, pool and restaurants.

    Yuriy Nydza Core Realty & Investments Inc.

    Section Image
  • 5844 Heatherridge Dr Unit 105, Gurnee, IL 60031

    $249,999

    • 2 Beds
    • 2 Baths
    • 1,530 Sq Ft
    • 5844 Heatherridge Dr
    • Unit 105
    • Gurnee, IL

    Your next chapter starts here! This beautifully updated condo is full of natural light and is move-in ready. Featuring a fantastic open floorplan, generous living space, modern finishes, and a bright, welcoming atmosphere-perfect for both relaxing and entertaining. Enjoy brand new flooring throughout, updated vanities, mirrors, and lighting in the bathrooms, outdoor patio plus a new hot water

    Dawn Kasten Berkshire Hathaway HomeServices Chicago

    Section Image
  • 1338 Stratford Dr Unit 13A1, Gurnee, IL 60031

    $234,900

    • 3 Beds
    • 2 Baths
    • 1,309 Sq Ft
    • 1338 Stratford Dr
    • Unit 13A1
    • Gurnee, IL

    Excellent 3 bedroom 2 bath condo with many updated features and both bathrooms remodeled. Recently updated kitchen cabinets with newer stainless steel appliances and a breakfast bar. Master suite includes private bath and walk-in closet. Great location with large side yard and plenty of privacy. Larger garage with workshop area. Walk out patio from the living room overlooks beautiful setting.

    Scott Paul RE/MAX Suburban

    Section Image
  • 1388 Stratford Dr Unit 12C2, Gurnee, IL 60031

    $189,900

    • 2 Beds
    • 1 Bath
    • 950 Sq Ft
    • 1388 Stratford Dr
    • Unit 12C2
    • Gurnee, IL

    Welcome to this 2nd-floor unit featuring 2 bedrooms and an updated bathroom. Enjoy a spacious living room with a vaulted ceiling and wood-burning fireplace, New carpeting installed in March 2025. The kitchen offers ample space with a large pantry, the separate dining room opens to a private balcony-perfect for relaxing or entertaining. Has an in-unit laundry room with washer and dryer, Residents

    Craig Stein Dream Town Real Estate

    Section Image

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Plamoottil Issac $145,000 Chicago Title
Witt Holdings Llc $85,500 None Available
Berg Holding Inc $28,500 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plamoottil Issac $137,750
Previous Owner Witt Holdings Llc $1,500,000
Previous Owner Witt Holdings Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $145,000 -3.3% $132 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
12/16/2022 12/16/22 For Sale $149,900 0.0% $136 / Sq Ft
12/10/2022 12/10/22 Pending -- -- --
12/06/2022 12/06/22 For Sale $149,900 -- $136 / 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 $4,745 $52,005 $8,185 $43,820
2023 $3,488 $48,282 $7,599 $40,683
2022 $3,488 $35,785 $5,985 $29,800
2021 $2,953 $32,102 $5,369 $26,733
2020 $2,862 $31,313 $5,237 $26,076
2019 $2,783 $30,404 $5,085 $25,319
2018 $2,656 $29,337 $3,569 $25,768
2017 $2,630 $28,497 $3,467 $25,030
2016 $3,187 $39,157 $3,313 $35,844
2015 $3,084 $37,137 $3,142 $33,995
2014 $3,122 $37,711 $3,100 $34,611
2012 $2,971 $38,000 $3,124 $34,876
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11683530

Midwest Real Estate Data (MRED)

APN: 07-28-302-007