NOT LISTED FOR SALE

1009 Farwell Ct Unit 499 Gurnee, IL 60031

Estimated Value: $181,000 - $196,571

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 $1,784/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
$189,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,393
Avg. Annual Appreciation
10.73%
Original Mortgage
$137,750
Outstanding Balance
$134,312
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$55,081

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

Range of Values:

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Average Value
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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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11683530

Midwest Real Estate Data (MRED)

APN: 07-28-302-007