NOT LISTED FOR SALE

349 Prescott Ln Unit 3 Gurnee, IL 60031

Estimated Value: $523,000 - $584,000

4 Beds
4 Baths
3,067 Sq Ft
$181/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $370,000 $121 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,262/month

26 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Vaulted Ceiling
  • Woodland Elementary School Rated A-
  • Recreation Room
  • Traditional Architecture

About This Home

As of June 2015

FRESHLY PAINTED FROM TOP TO BOTTOM AND BRAND NEW CARPETING INSTALLED 3/2015 ON THE FIRST AND SECOND FLOORS. LOTS OF ROOM IN THIS FINE HOME INCLUDING 1ST FLOOR DEN/OFFICE. MASTER EN SUITE W/VAULTED CEILINGS, LG WIC, PRIVATE BATHROOM. SPACIOUS SECONDARY BEDROOMS + A 1500sf FINISHED BASEMENT W/TILED BATHROOM, REC & GAME SPACES + A PLAY AREA + AN EXERCISE RM . FENCED BACKYARD WITH A SPACIOUS DECK AND MATURE LANDSCAPING

Last Agent to Sell the Property

Kieron Quane

@properties Christie's International Real Estate License #475137700 Listed on: 03/29/2015

@properties Christie's International Real Estate

Co-Listed By

Terri Sponburgh

@properties

Last Buyer's Agent

Lupe Ocampo

Coldwell Banker Realty License #475159958

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,088

Year Built

  • 2001

Lot Details

  • East or West Exposure
  • Fenced Yard
  • Landscaped Professionally

HOA Fees

  • $15 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Vaulted Ceiling
  • Dining Area
  • Den
  • Recreation Room
  • Game Room
  • Play Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • <<doubleOvenToken>>
  • <<microwave>>
  • 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

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,088

Year Built

2001

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 11-15 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 14
  • Living Room: Dimensions: 14X14, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan, Sump Pump, Air Cleaner
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 08X07, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Den, Eating Area, Exercise Room, Game Room, Play Room, Recreation Room
  • Master Bedroom: Dimensions: 19X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Playroom, Dimensions: 14X10, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Den, Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Exercise Rm, Dimensions: 12X10, On Level: Basement, Flooring: Ceramic Tile
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Eating Area, Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Recreation Rm, Dimensions: 24X16, On Level: Basement, Flooring: Carpet
  • Additional Room 6 Name: Game Rm, Dimensions: 25X14, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 3067
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 19X14, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: W (West)

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

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 185
  • Management Contact Name: RESIDENT
  • Management Phone: 847-888-8888

Fee Information

  • Management Company: SELF-MANAGED

Schools

  • School District: 121
  • Elementary School: WOODLAND ELEMENTARY SCHOOL
  • Middle School: WOODLAND INTERMEDIATE SCHOOL
  • High School: WARREN TOWNSHIP HIGH SCHOOL
  • Junior High Dist: 50

Lot Info

  • Lot Dimensions: 80 X 127 X 128
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 07192090300000

Tax Info

  • Taxes: 10854.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2015
Closed on
Jun 1, 2015
Sold by
Michaud Petra T
Bought by
Varughese Abraham and Varughese Bindu M
Seller's Agent
Kieron Quane
@properties Christie's International Real Estate
Buyer's Agent
Lupe Ocampo
Coldwell Banker Realty
List Price
$392,000
Sold Price
$370,000
Premium/Discount to List
-$22,000
-5.61%
Current Estimated Value
$556,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,392
Avg. Annual Appreciation
4.10%
Original Mortgage
$296,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2001
Sold by
Drh Cambridge Homes Inc
Bought by
Michaud William F and Michaud Petra T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.27%
Source: Public Records

Range of Values:

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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
Varughese Abraham $370,000 Multiple
Michaud William F $349,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varughese Abraham $145,000
Open Varughese Abraham $261,700
Closed Varughese Abraham $45,200
Closed Varughese Bindu M $296,000
Closed Varughese Abraham $296,000
Previous Owner Michaud Petra T $283,900
Previous Owner Michaud William F $110,000
Previous Owner Michaud William F $313,000
Previous Owner Michaud William F $50,000
Previous Owner Michaud Petra T $319,000
Previous Owner Michaud Petra J $275,000
Previous Owner Michaud Petra T $38,900
Previous Owner Michaud William F $275,000
Closed Michaud William F $38,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $370,000 -5.6% $121 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
03/29/2015 03/29/15 For Sale $392,000 -- $128 / 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 $14,088 $163,028 $23,554 $139,474
2023 $11,566 $151,358 $21,868 $129,490
2022 $11,566 $124,654 $21,875 $102,779
2021 $10,455 $119,652 $20,997 $98,655
2020 $10,119 $116,711 $20,481 $96,230
2019 $9,832 $113,322 $19,886 $93,436
2018 $11,347 $131,410 $23,361 $108,049
2017 $11,229 $127,645 $22,692 $104,953
2016 $11,146 $121,962 $21,682 $100,280
2015 $11,458 $115,669 $20,563 $95,106
2014 $10,854 $110,411 $20,300 $90,111
2012 $9,779 $111,256 $20,455 $90,801
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08875164

Midwest Real Estate Data (MRED)

APN: 07-19-209-030