
36389 N Traer Terrace Gurnee, IL 60031
Highlights
- Waterfront
- Community Lake
- Formal Dining Room
- Woodland Elementary School Rated A-
- Property is near a park
- Stainless Steel Appliances
About This Home
As of March 2025This gorgeous residence located in the desirable Grandwood Park subdivision, offers stunning lake views from the backyard and has undergone a complete renovation. The interior features an expansive living/family room, separate dining room, and a gourmet kitchen equipped with an island, new cabinets, granite countertops, and stainless steel appliances. The abundance of natural light pours in through the windows, creating a bright and airy atmosphere. The three-season porch provides the perfect spot to take in the picturesque views of the lake. The spacious master bedroom offers a serene retreat, while the full basement features an additional full bathroom. The expansive backyard is perfect for outdoor entertaining, and the two-car garage provides ample parking space, supplemented by a large driveway. Don't miss this incredible opportunity. Hard to find this bigger model with FULL BASEMENT.
Last Agent to Sell the Property
Netgar Investments Inc License #471019403 Listed on: 02/24/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,674
Year Built
- Built in 1967
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,536 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Laminate Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Schools
- Warren Township High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Waterfront
- Property is near a park
Community Details
- Community Lake
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Gurnee, IL
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 |
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 |
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 |
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 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Erika Ricardo
Netgar Investments Inc
(847) 849-0067
5 in this area
155 Total Sales
-
Buyer's Agent in 2025
Dancy Bateman
Baird Warner
(773) 717-9072
2 in this area
14 Total Sales
-
N
Seller's Agent in 2024
Nicole Verlotta
Baird Warner
(847) 991-5000
1 in this area
32 Total Sales
-
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: 12296988

APN: 07-07-307-003
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