NOT LISTED FOR SALE

2016 Madison Ave Gurnee, IL 60031

Estimated Value: $429,000 - $437,000

4 Beds
3 Baths
2,226 Sq Ft
$195/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $270,100 $121 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,213/month

137 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Fenced Yard
  • Woodland Elementary School Rated A-
  • Walk-In Pantry
  • Attached Garage

About This Home

As of March 2016

SPACIOUS 4 BEDROOM / 2.5 BATH HOME W/ GLEAMING HARDWOOD FLOORS THROUGHOUT. UPDATED EAT-IN KITCHEN W/ GRANITE COUNTER TOPS, PREMIUM-GRADE CABINETS, STAINLESS STEEL APPLIANCES & MORE! KITCHEN OPENS TO LARGE FAMILY ROOM. FORMAL DINING ROOM. 1ST FLOOR LAUNDRY ROOM & 1/2 BATH. MASTR SUITE W/ FULL BATHROOM & WIC. ENGINEERED HARDWOOD T-OUT 2ND LVL. BASEMENT W/ REC ROOM. FENCED YARD. LOCATED NEAR SHOPPING, DINING & ENTERTAINMENT! EASY ACCESS TO I-94.

Last Agent to Sell the Property

Jane Lee

RE/MAX Top Performers License #471004433 Listed on: 09/11/2015

Co-Listed By

Sharon Peng

RE/MAX Top Performers License #475148365

Last Buyer's Agent

Ghita Mueller

Compass License #475113280

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,220

Year Built

  • 1988

Lot Details

  • 9,148

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • Recreation Room
  • Wood Flooring
  • Finished Basement
  • Partial Basement
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,220

Year Built

1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1988
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 9
  • Living Room: Dimensions: 17X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, CO Detectors, Ceiling Fan, Sump Pump
  • Basement: Partial
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 19X12, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Recreation Rm, Dimensions: 20X40, On Level: Basement, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Bedroom 4: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Estimated Sq Ft: 2226
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X14, On Level: Main Level, Flooring: Hardwood, Windows: All

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Exterior Property Features: Patio, Storms/Screens
  • Acreage: 0.2138

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
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • 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: 60X58X90X60X126
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 07103130020000

Tax Info

  • Taxes: 6132.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2021
Sold by
Gajauskas Gregory Steven and Gajauskas Laura Jean
Bought by
Gajauskas Gregory Steven and Gajauskas Laura Jean
Current Estimated Value
$433,184

Purchase Details

Listed on
Sep 11, 2015
Closed on
Feb 24, 2016
Sold by
Le Dung and Bun Samantha
Bought by
Gajauskas Gregory Steven and Gajauskas Laura Jean
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Ghita Mueller
Compass
List Price
$299,000
Sold Price
$270,100
Premium/Discount to List
-$28,900
-9.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$216,080
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2000
Sold by
Fong Lee Chi Chou and Fong Lee Hsino
Bought by
Le Dung and Bun Samnang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
8.12%
Mortgage Type
Stand Alone First
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
Gajauskas Gregory Steven -- None Listed On Document
Gajauskas Gregory Steven $270,100 Chicago Title Insurance Co
Le Dung $219,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gajauskas Gregory Steven $202,492
Previous Owner Gajauskas Gregory Steven $216,080
Previous Owner Le Dung $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $270,100 -3.2% $121 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
12/09/2015 12/09/15 Price Changed $279,000 -3.5% $125 / Sq Ft
10/07/2015 10/07/15 Price Changed $289,000 -3.3% $130 / Sq Ft
09/11/2015 09/11/15 For Sale $299,000 -- $134 / 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 $10,220 $118,848 $15,177 $103,671
2023 $9,574 $110,341 $14,091 $96,250
2022 $9,574 $102,636 $14,303 $88,333
2021 $8,658 $98,518 $13,729 $84,789
2020 $8,376 $96,097 $13,392 $82,705
2019 $8,135 $93,307 $13,003 $80,304
2018 $7,971 $92,680 $11,919 $80,761
2017 $7,884 $90,024 $11,577 $78,447
2016 $8,696 $89,019 $11,062 $77,957
2015 $7,538 $80,845 $10,491 $70,354
2014 $5,956 $65,535 $10,345 $55,190
2012 $5,650 $66,037 $10,424 $55,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09036576

Midwest Real Estate Data (MRED)

APN: 07-10-313-002