1981 Madison Ave Gurnee, IL 60031
Estimated Value: $401,000 - $419,722
4
Beds
2.5
Baths
2,366
Sq Ft
$175/Sq Ft
Est. Value
Highlights
- Deck
- Formal Dining Room
- Walk-In Closet
- Woodland Elementary School Rated A-
- 2 Car Attached Garage
- Living Room
About This Home
As of August 2023This adorable 4 bedroom 2.5 bath home is ready for you to move in. Freshly painted throughout. Kitchen boasts white cabinets and updated appliances. Room for a table in your eat in kitchen as well as a formal dining room. Two great living spaces on first floor. Large primary bedroom has walk in closet, linen closet, and ensuite bathroom. 3 more generously sized bedrooms upstairs. Basement is ready for your finishing touches. Large deck and private backyard as well!
Last Agent to Sell the Property
Keller Williams North Shore West License #475172583 Listed on: 06/27/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,212
Year Built
- Built in 1988
Lot Details
- 9,670
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Space is Owned
Interior Spaces
- 2,366 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Unfinished Basement
- Partial Basement
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Deck
Schools
- Warren Township High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Westgate Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2023
Closed on
Aug 28, 2023
Sold by
Petersen Joshua Ryan and Petersen Heidi Joy
Bought by
Flores Carlos and Flores Haram
Seller's Agent
Joanna Elrod
Keller Williams North Shore West
Buyer's Agent
Randy Schulenburg
Schulenburg Realty, Inc
List Price
$389,000
Sold Price
$350,000
Premium/Discount to List
-$39,000
-10.03%
Total Days on Market
28
Views
174
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,931
Avg. Annual Appreciation
8.04%
Original Mortgage
$350,000
Outstanding Balance
$344,081
Interest Rate
7.13%
Mortgage Type
VA
Estimated Equity
$56,611
Purchase Details
Closed on
May 2, 2022
Sold by
Jkm Legacy Trust
Bought by
Petersen Joshua Ryan and Petersen Heidi Joy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2021
Sold by
Maldonado Javier J and Maldonado Judy K
Bought by
Jkm Legacy Trust and Mkm Legacy Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 21, 2006
Sold by
Do Pil Hwan and Do Hae Sun
Bought by
Maldonado Javier J and Maldonado Judy K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,900
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Gurnee, IL
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Flores Carlos | $350,000 | First American Title | |
| Petersen Joshua Ryan | $300,000 | Chicago Title | |
| Jkm Legacy Trust | -- | Attorney | |
| Maldonado Javier J | $280,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Flores Carlos | $350,000 | |
| Previous Owner | Petersen Joshua Ryan | $285,000 | |
| Previous Owner | Maldonado Javier | $203,000 | |
| Previous Owner | Maldonado Javier J | $230,000 | |
| Previous Owner | Maldonado Javier J | $254,400 | |
| Previous Owner | Maldonado Javier J | $29,000 | |
| Previous Owner | Maldonado Javier J | $223,900 | |
| Previous Owner | Do Pil Hwan | $65,000 | |
| Previous Owner | Do Pil H | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2023 08/29/23 | Sold | $350,000 | -4.1% | $148 / Sq Ft |
| 07/26/2023 07/26/23 | Pending | -- | -- | -- |
| 07/21/2023 07/21/23 | Price Changed | $365,000 | -3.7% | $154 / Sq Ft |
| 07/12/2023 07/12/23 | Price Changed | $379,000 | -2.6% | $160 / Sq Ft |
| 06/27/2023 06/27/23 | For Sale | $389,000 | -- | $164 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $11,024 | $118,913 | $15,752 | $103,161 |
| 2023 | $10,212 | $110,401 | $14,624 | $95,777 |
| 2022 | $10,212 | $103,080 | $14,845 | $88,235 |
| 2021 | $9,259 | $98,944 | $14,249 | $84,695 |
| 2020 | $8,973 | $96,512 | $13,899 | $82,613 |
| 2019 | $8,724 | $93,710 | $13,495 | $80,215 |
| 2018 | $8,213 | $89,217 | $12,369 | $76,848 |
| 2017 | $8,132 | $86,661 | $12,015 | $74,646 |
| 2016 | $8,089 | $89,205 | $11,480 | $77,725 |
| 2015 | $8,521 | $84,603 | $10,888 | $73,715 |
| 2014 | $6,306 | $69,041 | $10,736 | $58,305 |
| 2012 | $5,982 | $69,570 | $10,818 | $58,752 |
Source: Public Records
Agents Affiliated with this Home
-
Joanna Elrod
Seller's Agent in 2023
Joanna Elrod
Keller Williams North Shore West
(847) 887-9869
9 in this area
68 Total Sales
-
Randy Schulenburg
Buyer's Agent in 2023
Randy Schulenburg
Schulenburg Realty, Inc
(224) 805-2616
1 in this area
154 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11818218
APN: 07-10-314-006
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