1996 Madison Ave Unit 1 Gurnee, IL 60031
Estimated Value: $406,000 - $425,000
4
Beds
3
Baths
2,366
Sq Ft
$177/Sq Ft
Est. Value
Highlights
- Spa
- Deck
- Traditional Architecture
- Woodland Elementary School Rated A-
- Recreation Room
- Lower Floor Utility Room
About This Home
As of October 2020Freshly and completely updated, this spacious and charming four bedroom two and a half bath home is perfectly situated in a serene residential neighborhood, minutes from highway access and area attractions such as Great America theme park. Lovely and large back yard. When you are ready to move be prepared to make this your new home: available for a quick close and easy to show! Features & Upgrades: entire home freshly painted; new dishwasher & garage opener (2020); new water heater (2019); windows 3 years old; beautifully maintained landscaping throughout. For virtual showing click on link above. Home also available for live virtual showings. Text or call listing agent to schedule.
Last Agent to Sell the Property
EXP Realty, LLC License #475149276 Listed on: 04/14/2020
Last Buyer's Agent
Tamika Neal
Century 21 Circle License #475173200
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,447
Year Built
- 1988
Lot Details
- 9,845
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Garage Is Owned
Home Design
- Traditional Architecture
- Slab Foundation
- Asphalt Shingled Roof
Interior Spaces
- Wet Bar
- Dry Bar
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Attached Fireplace Door
- Entrance Foyer
- Breakfast Room
- Recreation Room
- Lower Floor Utility Room
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
Outdoor Features
- Spa
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Community Well
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2020
Closed on
Oct 1, 2020
Sold by
Hemmerich Lance
Bought by
St Clair Albert
Seller's Agent
Adriana Laura Cook
EXP Realty, LLC
Buyer's Agent
Tamika Neal
Century 21 Circle
List Price
$359,000
Sold Price
$289,000
Premium/Discount to List
-$70,000
-19.5%
Total Days on Market
135
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
$129,370
Avg. Annual Appreciation
7.96%
Original Mortgage
$289,000
Outstanding Balance
$258,701
Interest Rate
2.75%
Mortgage Type
VA
Estimated Equity
$153,850
Purchase Details
Listed on
Apr 14, 2020
Closed on
Aug 19, 2020
Sold by
Steele Jerilynn
Bought by
Steele Jerilynn and Jerilynn Steele Revocable Trus
Seller's Agent
Adriana Laura Cook
EXP Realty, LLC
Buyer's Agent
Tamika Neal
Century 21 Circle
List Price
$359,000
Sold Price
$289,000
Premium/Discount to List
-$70,000
-19.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Outstanding Balance
$258,701
Interest Rate
2.75%
Mortgage Type
VA
Estimated Equity
$153,850
Purchase Details
Closed on
Apr 26, 2011
Sold by
Kraman Steven J and Kraman Mallory
Bought by
Hemmerich Lance
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 8, 2006
Sold by
Garofalo Gregory
Bought by
Kraman Steven J and Kraman Mallory
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.24%
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 |
|---|---|---|---|
| St Clair Albert | $289,000 | Premier Title | |
| Steele Jerilynn | -- | Attorney | |
| Hemmerich Lance | $196,000 | Attorneys Title Guaranty Fun | |
| Kraman Steven J | $305,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | St Clair Albert | $289,000 | |
| Previous Owner | Hemmerich Lance S | $153,500 | |
| Previous Owner | Hemmerich Lance | $147,000 | |
| Previous Owner | Kraman Steven J | $125,000 | |
| Previous Owner | Garofalo Gregory A | $40,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2020 10/06/20 | Sold | $289,000 | -2.0% | $122 / Sq Ft |
| 08/27/2020 08/27/20 | Pending | -- | -- | -- |
| 08/25/2020 08/25/20 | Price Changed | $295,000 | -11.8% | $125 / Sq Ft |
| 05/08/2020 05/08/20 | Price Changed | $334,500 | -6.8% | $141 / Sq Ft |
| 04/14/2020 04/14/20 | For Sale | $359,000 | -- | $152 / 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 | $11,447 | $123,472 | $16,010 | $107,462 |
| 2023 | $11,447 | $114,634 | $14,864 | $99,770 |
| 2022 | $10,058 | $107,526 | $15,088 | $92,438 |
| 2021 | $9,370 | $103,212 | $14,483 | $88,729 |
| 2020 | $7,007 | $100,675 | $14,127 | $86,548 |
| 2019 | $9,100 | $97,752 | $13,717 | $84,035 |
| 2018 | $9,223 | $100,197 | $12,573 | $87,624 |
| 2017 | $9,133 | $97,326 | $12,213 | $85,113 |
| 2016 | $9,084 | $92,992 | $11,669 | $81,323 |
| 2015 | $8,883 | $88,194 | $11,067 | $77,127 |
| 2014 | $7,221 | $72,241 | $10,912 | $61,329 |
| 2012 | $6,828 | $72,795 | $10,996 | $61,799 |
Source: Public Records
Agents Affiliated with this Home
-
Adriana Laura Cook
Seller's Agent in 2020
Adriana Laura Cook
EXP Realty, LLC
(312) 497-2044
1 in this area
64 Total Sales
-
Steve Nasralla
Seller Co-Listing Agent in 2020
Steve Nasralla
Compass
(708) 466-5164
1 in this area
204 Total Sales
-
Buyer's Agent in 2020
Tamika Neal
Century 21 Circle
(847) 477-7782
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10622567
APN: 07-09-404-031
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