NOT LISTED FOR SALE

1996 Madison Ave Unit 1 Gurnee, IL 60031

Estimated Value: $423,000 - $444,000

4 Beds
3 Baths
2,366 Sq Ft
$185/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $289,000 $122 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,270/month

135 Days on Market

Highlights

  • Spa
  • Deck
  • Traditional Architecture
  • Woodland Elementary School Rated A-
  • Recreation Room
  • Lower Floor Utility Room

About This Home

As of October 2020

Freshly 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

Adriana Laura Cook

eXp Realty License #475149276 Listed on: 04/14/2020

eXp Realty

Co-Listed By

Steve Nasralla

Compass License #475130818

Last Buyer's Agent

Tamika Neal

Century 21 Circle License #475173200

Century 21 Circle

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,447

Year Built

1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Interior Property Features: Hot Tub, Bar-Dry, Bar-Wet
  • Number Of Rooms: 10
  • Living Room: Dimensions: 17X16, On Level: Main Level
  • Appliances: Oven/Range, Refrigerator
  • Equipment: Humidifier, TV Antenna, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning, Attached Fireplace Doors/Screen, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 9X7, On Level: Main Level
  • Dining Room: Dimensions: 12X11, On Level: Main Level
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Deck, Utility Room-Lower Level, Recreation Room, Breakfast Room, Foyer, Walk In Closet
  • Master Bedroom: Dimensions: 27X12, On Level: 2nd Level
  • Additional Room 1 Name: Deck, Dimensions: 21X14, On Level: Main Level
  • Additional Room 2 Name: Utility Room-Lower Level, Dimensions: 18X18, On Level: Basement
  • Bedroom 2: Dimensions: 16X13, On Level: 2nd Level
  • Additional Room 3 Name: Recreation Rm, Dimensions: 26X25, On Level: Basement
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level
  • Additional Room 4 Name: Other, Dimensions: 24X21, On Level: Main Level
  • Bedroom 4: Dimensions: 12X12, On Level: 2nd Level
  • Additional Room 6 Name: Breakfast Rm, Dimensions: 13X12, On Level: Main Level
  • Additional Room 7 Name: Foyer, Dimensions: 15X8, On Level: Main Level
  • Additional Room 8 Name: Walk in Closet, Dimensions: 8X7, On Level: 2nd Level
  • Family Room: Dimensions: 15X13, On Level: Main Level

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Hot Tub

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public, Well-Community
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 121
  • Elementary School: Woodland Elementary School
  • Middle School: Woodland Middle School
  • High School: Warren Township High School
  • Junior High Dist: 50

Lot Info

  • Lot Dimensions: 70X115X40X58X120
  • Parcel Identification Number: 07094040310000

Tax Info

  • Taxes: 9099.76

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
Buyer's Agent
Tamika Neal
Century 21 Circle
List Price
$359,000
Sold Price
$289,000
Premium/Discount to List
-$70,000
-19.5%
Current Estimated Value
$436,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,763
Avg. Annual Appreciation
8.63%
Original Mortgage
$289,000
Outstanding Balance
$256,346
Interest Rate
2.75%
Mortgage Type
VA
Estimated Equity
$180,418

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
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
$256,346
Interest Rate
2.75%
Mortgage Type
VA
Estimated Equity
$180,418

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
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
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 $147,000
Previous Owner Kraman Steven J $125,000
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

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 $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

    (312) 497-2044

    1 in this area

    62 Total Sales

    Adriana Laura Cook
    Section Image
  • Steve Nasralla

    Seller Co-Listing Agent in 2020

    Steve Nasralla

    Compass

    (708) 466-5164

    1 in this area

    206 Total Sales

    Steve Nasralla
    Section Image

  • T

    Buyer's Agent in 2020

    Tamika Neal

    Century 21 Circle

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10622567

Midwest Real Estate Data (MRED)

APN: 07-09-404-031

Illinois Lake County Gurnee 60031

1996 Madison Ave Unit 1, Gurnee, IL

This home is located at 1996 Madison Ave Unit 1, Gurnee, IL 60031 since 14 April 2020 and is currently estimated at $436,763, approximately $184 per square foot. This property was built in 1988. 1996 Madison Ave Unit 1 is a home located in Lake County with nearby schools including Woodland Primary School, Woodland Intermediate School, and Woodland Elementary School.

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