36389 N Traer Terrace Gurnee, IL 60031
3
Beds
2.5
Baths
1,500
Sq Ft
10,454
Sq Ft Lot
Highlights
- Waterfront
- 2 Car Attached Garage
- Central Air
- Woodland Elementary School Rated A-
About This Home
As of March 2025Spacious 3-bedroom, 2.5-bathroom residence located in the Grandwood Park subdivision. This property is located with a beautiful view of Grand Lake with over 1500 sq ft of leaving space. Please note that the home requires repair. Home is being sold "AS IS, WHERE IS," with no repairs or warranties provided. Additionally, no survey is available. This property is an excellent opportunity for investors or those with a vision to enhance and add value. Do not miss the chance to transform this house. Close proximity to 94 and Gurnee Mills with Gurnee School Districts
Last Agent to Sell the Property
Baird & Warner License #475162388 Listed on: 08/09/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,866
Year Built
- Built in 1967
Lot Details
- Waterfront
Parking
- 2 Car Attached Garage
- Parking Space is Owned
Home Design
- Vinyl Siding
Interior Spaces
- 1,500 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Schools
- Warren Township High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2025
Closed on
Mar 17, 2025
Sold by
Robles Sixto and Pine Builders Llc
Bought by
Reublin Dylan
Seller's Agent
Erika Ricardo
Netgar Investments Inc
Buyer's Agent
Dancy Bateman
Baird & Warner
List Price
$389,900
Sold Price
$389,900
Views
63
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
-$11,677
Avg. Annual Appreciation
-8.80%
Original Mortgage
$370,405
Outstanding Balance
$370,091
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$8,132
Purchase Details
Listed on
Aug 9, 2024
Closed on
Aug 9, 2024
Sold by
Hung Kelly Lynn and Hung Holly Ann
Bought by
Pine Builders Llc
Seller's Agent
Nicole Verlotta
Baird & Warner
Buyer's Agent
Sixto Robles
Netgar Investments Inc
List Price
$169,000
Sold Price
$185,000
Premium/Discount to List
$16,000
9.47%
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
287.88%
Original Mortgage
$252,000
Interest Rate
6.78%
Mortgage Type
Construction
Similar Home 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $390,000 | None Listed On Document | |
| Warranty Deed | $185,000 | Truly Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $370,405 | New Conventional | |
| Previous Owner | $252,000 | Construction | |
| Previous Owner | $129,000 | Credit Line Revolving | |
| Previous Owner | $160,000 | Credit Line Revolving | |
| Previous Owner | $160,000 | Unknown | |
| Previous Owner | $112,800 | Unknown | |
| Previous Owner | $70,000 | Unknown | |
| Previous Owner | $30,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | Sold | $389,900 | 0.0% | $254 / Sq Ft |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- |
| 02/24/2025 02/24/25 | For Sale | $389,900 | +110.8% | $254 / Sq Ft |
| 08/29/2024 08/29/24 | Sold | $185,000 | +9.5% | $123 / Sq Ft |
| 08/19/2024 08/19/24 | For Sale | $169,000 | -- | $113 / 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 | $7,674 | $61,660 | $11,885 | $49,775 |
| 2023 | $7,674 | $91,005 | $10,713 | $80,292 |
| 2022 | $6,866 | $74,775 | $11,144 | $63,631 |
| 2021 | $6,460 | $69,015 | $10,286 | $58,729 |
| 2020 | $6,221 | $67,318 | $10,033 | $57,285 |
| 2019 | $6,098 | $65,364 | $9,742 | $55,622 |
| 2018 | $4,849 | $54,310 | $13,342 | $40,968 |
| 2017 | $4,850 | $52,754 | $12,960 | $39,794 |
| 2016 | $4,811 | $50,405 | $12,383 | $38,022 |
| 2015 | $4,646 | $47,804 | $11,744 | $36,060 |
| 2014 | $3,932 | $35,939 | $11,585 | $24,354 |
| 2012 | $4,596 | $42,870 | $12,324 | $30,546 |
Source: Public Records
Agents Affiliated with this Home
-
Erika Ricardo
Seller's Agent in 2025
Erika Ricardo
Netgar Investments Inc
(847) 849-0067
5 in this area
155 Total Sales
-
Dancy Bateman
Buyer's Agent in 2025
Dancy Bateman
Baird Warner
(773) 717-9072
2 in this area
14 Total Sales
-
Nicole Verlotta
N
Seller's Agent in 2024
Nicole Verlotta
Baird Warner
(847) 991-5000
1 in this area
32 Total Sales
-
Sixto Robles
Buyer's Agent in 2024
Sixto Robles
Netgar Investments Inc
(847) 263-8100
2 in this area
46 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12141758
APN: 07-07-307-003
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