NOT LISTED FOR SALE

1526 Millstone Ln Unit 6 Gurnee, IL 60031

Estimated Value: $464,000 - $484,258

4 Beds
3 Baths
2,583 Sq Ft
$183/Sq Ft Est. Value

Last Sold September 26, 2012

Last sale price $227,500 $88 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,569/month

10 Days on Market

Highlights

  • Fenced Yard
  • Central Air
  • 3-minute walk to Concord Oaks Park
  • Woodland Elementary School Rated A-
  • Combination Dining and Living Room

About This Home

As of September 2012

BEAUTIFUL 4BR/2.1BTH HOME WITH 2 STORY ENTRY IN GURNEE!!!HWD FLRS T/O LWR LVL. LR W/20FT CEIL,CMBND W/DR.LRG KIT W/CNTR ISLD&MPL CABS THT OPNS 2 HGE FR&SLDR TO YRD..THIS IS A FANNIE MAE HOMEPATH PROPERTY, PURCHASE FOR AS LITTLE AS 3% DOWN,THIS PROPERTY IS APPROVED FOR HOMEPATH MORTGAGE AND FOR HOME PATH RENOVATION MORTGAGE FINANCING...Investors offers can be considered after15days.

Last Agent to Sell the Property

Mariola Buchowska

Red Zone Realty Group Inc. License #475134751 Listed on: 07/31/2012

Last Buyer's Agent

Gordana Ottens

RE/MAX Showcase

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $12,517

Year Built

  • 1998

Lot Details

  • 7,841

HOA Fees

  • $21 per month

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Stone Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Combination Dining and Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Schools

  • Woodland Elementary School
  • Warren Township High School

Additional Features

  • Fenced Yard
  • Central Air

Property Details

Home Type

Other

Est. Annual Taxes

$12,517

Year Built

1998

Lot Details

0

HOA Fees

$21 per month

Parking

2

Interior Features

  • Total # Of Rooms: 9
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Fireplaces: 1
  • Basement: Full
  • Basement: Finished
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 16X15
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 14X12
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 15X12
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: Main Level
  • Fourth Bedroom Size: 13X12
  • Fourth Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 13X12
  • Living Room Flooring: Wood Laminate
  • Dining Room: Combined w/ LivRm
  • Dining Room Level: Main Level
  • Dining Room Size: 13X10
  • Dining Room Flooring: Wood Laminate
  • Family Room Level: Main Level
  • Family Room Size: 18X14
  • Family Room Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Kitchen Level: Main Level
  • Kitchen Size: 18X13
  • Kitchen Flooring: Wood Laminate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Stone
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Driveway: Asphalt

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Heat/Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment/Association Fees: 257

Schools

  • Elementary School: Woodland Elementary School
  • High School: Warren Township High School
  • Junior High Dist: 50
  • Junior High: Woodland Intermediate School

Lot Info

  • Lot Dimensions: 58X112X72X132
  • Lot Description: Fenced Yard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2012
Closed on
Sep 19, 2012
Sold by
Kwag Jung Lan and Kwag Lee
Bought by
Federal National Mortgage Association
Seller's Agent
Mariola Buchowska
Red Zone Realty Group Inc.
Buyer's Agent
Gordana Ottens
RE/MAX Showcase
List Price
$234,900
Sold Price
$227,500
Premium/Discount to List
-$7,400
-3.15%
Current Estimated Value
$472,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,065
Avg. Annual Appreciation
5.49%
Original Mortgage
$182,000
Outstanding Balance
$128,014
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$328,223

Purchase Details

Listed on
Jul 31, 2012
Closed on
Aug 20, 2012
Sold by
Fannie Mae
Bought by
Fassbinder Trevor
Seller's Agent
Mariola Buchowska
Red Zone Realty Group Inc.
Buyer's Agent
Gordana Ottens
RE/MAX Showcase
List Price
$234,900
Sold Price
$227,500
Premium/Discount to List
-$7,400
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$128,014
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$328,223

Purchase Details

Closed on
Dec 7, 2004
Sold by
Nonato Reynaldo and Nonato Cristina
Bought by
Lee Jong Bok and Kwag Jung Lan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Monato Reynaldo and Monato Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
9.49%
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
Federal National Mortgage Association -- Greater Illinois Title Compa
Fassbinder Trevor $227,500 Great Illinois Title Company
Lee Jong Bok $352,500 --
Monato Reynaldo $222,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Federal National Mortgage Association $182,000
Closed Fassbinder Trevor $182,000
Previous Owner Lee Jong Bok $282,000
Previous Owner Monato Reynaldo $185,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2012 09/26/12 Sold $227,500 -3.2% $88 / Sq Ft
08/10/2012 08/10/12 Pending -- -- --
07/31/2012 07/31/12 For Sale $234,900 -- $91 / 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 $12,517 $145,804 $16,974 $128,830
2023 $11,266 $135,367 $15,759 $119,608
2022 $11,266 $121,580 $16,429 $105,151
2021 $10,184 $116,702 $15,770 $100,932
2020 $9,856 $113,833 $15,382 $98,451
2019 $9,576 $110,528 $14,935 $95,593
2018 $9,562 $111,691 $19,444 $92,247
2017 $9,461 $108,491 $18,887 $89,604
2016 $9,387 $103,660 $18,046 $85,614
2015 $9,145 $98,312 $17,115 $81,197
2014 $7,501 $82,252 $16,799 $65,453
2012 $7,110 $82,882 $16,928 $65,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08128574

Midwest Real Estate Data (MRED)

APN: 07-17-113-027