NOT LISTED FOR SALE

1196 Laurel Ln Gurnee, IL 60031

Estimated Value: $453,000 - $473,000

4 Beds
2.5 Baths
2,314 Sq Ft
$200/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $400,000 $173 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,567/month

2 Days on Market

Highlights

  • Property is adjacent to nature preserve
  • Recreation Room
  • Wood Flooring
  • Woodland Elementary School Rated A-
  • Traditional Architecture
  • 1 Fireplace

About This Home

As of September 2023

The beautiful 4 bedroom home is nestled on a quiet street backing to a nature preserve in a highly sought after neighborhood. The two story entryway welcomes you to a large open kitchen with 42" maple cabinets, granite countertops, stainless steel appliances, dry bar, hardwood floors and a family room with a fireplace. The first floor laundry is located right off the garage. The large finished basement is perfect for entertaining. The master bedroom boasts a large master bath and walk in closet.

Last Agent to Sell the Property

Kim Nallen

@properties Christie's International Real Estate License #475149419 Listed on: 07/28/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Brandy Schuldt

Keller Williams North Shore West License #475153058

Keller Williams North Shore West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,102

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 183x139x111x60
  • Property is adjacent to nature preserve

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,314 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Brick Porch or Patio

Schools

  • Warren Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Nw Property Management Association, Phone Number (815) 459-9187
  • Ravinia Woods Subdivision
  • Property managed by NW Property Management

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,102

Year Built

Built in 1996

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Ravinia Woods
  • Year Built: 1996
  • Age: 26-30 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • LivingArea: 2314
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Brick Paver Patio
  • List Price: 415000
  • Lot Features: Nature Preserve Adjacent
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Annually
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: NW Property Management
  • Management Contact Name: NW Property Management
  • Management Phone: 815-459-9187
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 183X139X111X60
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 10101.64
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 6, 2023
Sold by
Lock Jason and Lock Crystal
Bought by
Michael D Lundin Trust
Seller's Agent
Kim Nallen
@properties Christie's International Real Estate
Buyer's Agent
Brandy Schuldt
Keller Williams North Shore West
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Total Days on Market
2
Views
57
Current Estimated Value
$462,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,029
Avg. Annual Appreciation
8.69%

Purchase Details

Listed on
Sep 7, 2012
Closed on
Nov 9, 2012
Sold by
Hamilton Derek W and Stivenson Sara Jayne
Bought by
Lock Jason and Lock Crystal
Seller's Agent
Cheryl Duhig
Baird & Warner
Buyer's Agent
John Pleines
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%
Original Mortgage
$251,100
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2012
Closed on
Jun 22, 2012
Sold by
Haevers Scott
Bought by
Hamilton Derek W and Stivenson Sara Jayne
Seller's Agent
Lori Haevers
RE/MAX Plaza
Buyer's Agent
Cheryl Duhig
Baird & Warner
List Price
$269,900
Sold Price
$264,900
Premium/Discount to List
-$5,000
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$211,920
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2012
Sold by
Kamaraj Ramakrishnan and Bank Of America Na
Bought by
Haevers Scott

Purchase Details

Closed on
Feb 20, 2007
Sold by
Dave Sujata R
Bought by
Kamaraj Ramakrishnan and Sundarajan Rama Malini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
5.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 28, 1996
Sold by
Sundance Holdings Inc
Bought by
Dave Ravindra N and Dave Sujata R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
7.62%
Source: Public Records

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Range of Values:

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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
Michael D Lundin Trust $400,000 Chicago Title
Lock Jason $270,000 Baird & Warner Title Service
Hamilton Derek W $264,900 None Available
Haevers Scott $160,500 None Available
Kamaraj Ramakrishnan $331,000 None Available
Dave Ravindra N $218,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lock Jason $251,100
Previous Owner Hamilton Derek W $211,920
Previous Owner Kamaraj Ramakrishnan $77,000
Previous Owner Kamaraj Ramakrishnan $264,800
Previous Owner Dave Ravindra N $166,000
Previous Owner Dave Ravindra N $69,000
Previous Owner Dave Ravindra N $168,000
Previous Owner Dave Ravindra N $174,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $400,000 -3.6% $173 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $415,000 +53.7% $179 / Sq Ft
11/15/2012 11/15/12 Sold $270,000 -3.5% $117 / Sq Ft
10/06/2012 10/06/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $279,900 +5.7% $121 / Sq Ft
06/22/2012 06/22/12 Sold $264,900 -1.9% $114 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $269,900 -- $117 / 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 $11,647 $136,271 $32,176 $104,095
2023 $10,102 $126,517 $29,873 $96,644
2022 $10,102 $109,635 $29,881 $79,754
2021 $9,129 $105,236 $28,682 $76,554
2020 $8,834 $102,649 $27,977 $74,672
2019 $9,082 $105,130 $27,165 $77,965
2018 $8,893 $104,302 $28,568 $75,734
2017 $8,798 $101,313 $27,749 $73,564
2016 $8,728 $96,802 $26,513 $70,289
2015 $8,500 $91,808 $25,145 $66,663
2014 $8,058 $87,920 $24,785 $63,135
2012 $8,171 $88,593 $24,975 $63,618
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11840171

Midwest Real Estate Data (MRED)

APN: 07-18-307-017