1988 Madison Ave Gurnee, IL 60031
Estimated Value: $349,857 - $373,000
3
Beds
2
Baths
1,622
Sq Ft
$223/Sq Ft
Est. Value
About This Home
This home is located at 1988 Madison Ave, Gurnee, IL 60031 and is currently estimated at $361,214, approximately $222 per square foot. 1988 Madison Ave is a home located in Lake County with nearby schools including Woodland Primary School, Woodland Intermediate School, and Woodland Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 15, 1997
Sold by
Haskett Timothy P and Haskett Gretchen G
Bought by
Luoma Paul A and Luoma Laura Beth
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,550
Outstanding Balance
$12,208
Interest Rate
7.94%
Estimated Equity
$349,006
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Luoma Paul A | $104,666 | Attorneys Natl Title Network |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Luoma Paul A | $117,550 |
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 |
|---|---|---|---|---|
| 2025 | $7,983 | $97,026 | $16,224 | $80,802 |
| 2024 | $7,769 | $92,415 | $15,453 | $76,962 |
| 2023 | $7,384 | $85,800 | $14,347 | $71,453 |
| 2022 | $7,384 | $80,530 | $14,563 | $65,967 |
| 2021 | $6,672 | $77,299 | $13,979 | $63,320 |
| 2020 | $6,452 | $75,399 | $13,635 | $61,764 |
| 2019 | $6,264 | $73,210 | $13,239 | $59,971 |
| 2018 | $6,179 | $73,217 | $12,136 | $61,081 |
| 2017 | $6,110 | $71,119 | $11,788 | $59,331 |
| 2016 | $6,052 | $67,952 | $11,263 | $56,689 |
| 2015 | $5,887 | $64,446 | $10,682 | $53,764 |
| 2014 | $4,727 | $53,239 | $10,533 | $42,706 |
| 2012 | $4,488 | $53,647 | $10,614 | $43,033 |
Source: Public Records
Map
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