NOT LISTED FOR SALE

1840 Somerset Ct Gurnee, IL 60031

Gurnee Area

Estimated Value: $268,000 - $288,000

3 Beds
2 Baths
1,432 Sq Ft
$195/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2018

Last sale price $163,000 $114 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,342 / mo

155 Days on Market

About This Home

As of August 2018

REDUCE 10 GRAND!!!!!! SELLER IS MOTIVATED BRING THE OFFER Immaculate 3 bedroom, 1.5 bath townhome in a great location- Walking distance from GURNEE MALL. Your backyard opens to a beautiful pond view and your lot is truly in one of the best locations of the subdivision. Very quiet and safe neighborhood. Well maintained unit. Enjoy sitting by fireplace as you gaze out to a wonderful view. Right in HUB of all the major stores. Close to 94 highways, Six Flags, shopping. Home is move-in ready...

Last Agent to Sell the Property

Muhammad Hafeez Haroon

RE/MAX SAWA License #471020844 Listed on: 01/27/2018

Last Buyer's Agent

Ivonne Payes

Payes Real Estate Group License #471022097

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built | Renovated

  • 1988 | 2017

Lot Details

  • 1,655

HOA Fees

  • $195 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Vinyl Siding

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $4,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built | Renovated

1988 | 2017

Lot Details

1,655 Sq Ft Lot

HOA Fees

$195 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Interstate Access
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 26-30 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Rehab Year: 2017
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1988
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1988
  • Year Renovated: 2017

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 17X15, On Level: Main Level, Flooring: Wood Laminate
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 9X8, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 10X10, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1432
  • Family Room: Dimensions: 15X14, On Level: Main Level, Flooring: Wood Laminate

Exterior Features

  • Exterior Building Type: Vinyl Siding, Brick
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Deposit Required
  • Assessment Includes: Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 195
  • Management Contact Name: JESSICA
  • Management Phone: 847-866-7400X648

Fee Information

  • Management Company: Heil, Heil, Smart & Golee LLC

Schools

  • Junior High Dist: 50

Lot Info

  • Lot Dimensions: 1650
  • Parcel Identification Number: 07094060090000

Multi Family

  • Total Number Unitsin Building: 1
  • Number Stories: 2

Tax Info

  • Taxes: 4061.86

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2018
Closed on
Aug 2, 2018
Sold by
Bought by
Seller's Agent
Muhammad Hafeez Haroon
RE/MAX SAWA
Buyer's Agent
Ivonne Payes
Payes Real Estate Group
List Price
$187,000
Sold Price
$163,000
Premium/Discount to List
-$24,000
-12.83%
Current Estimated Value
$279,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,865
Avg. Annual Appreciation
7.02%
Original Mortgage
$160,047
Outstanding Balance
$138,481
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$141,384

Purchase Details

Listed on
Jul 5, 2016
Closed on
Feb 1, 2017
Sold by
Bought by
Seller's Agent
Cheryl Rabin
Realhome Services & Solutions, Inc.
Buyer's Agent
Muhammad Hafeez Haroon
RE/MAX SAWA
List Price
$127,800
Sold Price
$118,384
Premium/Discount to List
-$9,416
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.08%
Original Mortgage
$94,707
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Gurnee, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$163,000 First American Title
$1,183 Attorney
-- Attorney
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $7,495
Open $160,047
Previous Owner $94,707
Previous Owner $133,000
Previous Owner $106,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2018 08/15/18 Sold $163,000 +2.6% $114 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
06/24/2018 06/24/18 Price Changed $158,900 -3.7% $111 / Sq Ft
06/01/2018 06/01/18 Price Changed $165,000 -5.7% $115 / Sq Ft
05/04/2018 05/04/18 Price Changed $174,900 -1.2% $122 / Sq Ft
03/03/2018 03/03/18 Price Changed $177,000 -5.3% $124 / Sq Ft
01/27/2018 01/27/18 For Sale $187,000 +58.0% $131 / Sq Ft
01/30/2017 01/30/17 Sold $118,384 +0.5% $83 / Sq Ft View Prior Sale
12/06/2016 12/06/16 Price Changed $117,800 -0.5% $82 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
10/31/2016 10/31/16 Off Market $118,384 -- --
10/24/2016 10/24/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $127,800 0.0% $89 / Sq Ft
08/04/2016 08/04/16 Price Changed $127,800 +8.0% $89 / Sq Ft
07/05/2016 07/05/16 Off Market $118,384 -- --
07/05/2016 07/05/16 For Sale $137,800 -- $96 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,269 $80,709 $11,087 $69,622
2024 $6,723 $76,873 $10,560 $66,313
2023 $6,012 $67,330 $9,249 $58,081
2022 $6,012 $60,687 $8,179 $52,508
2021 $5,451 $58,252 $7,851 $50,401
2020 $5,283 $56,820 $7,658 $49,162
2019 $5,136 $55,171 $7,436 $47,735
2018 $4,159 $51,266 $3,962 $47,304
2017 $4,110 $49,797 $3,848 $45,949
2016 $4,062 $47,580 $3,677 $43,903
2015 $3,941 $45,125 $3,487 $41,638
2014 $3,721 $42,122 $3,440 $38,682
2012 $4,009 $42,444 $3,466 $38,978
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09842489

Midwest Real Estate Data (MRED)

APN: 07-09-406-009

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