NOT LISTED FOR SALE

3847 Drexel Ave Gurnee, IL 60031

Estimated Value: $288,394 - $345,000

3 Beds
2 Baths
1,374 Sq Ft
$230/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $260,000 $189 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,312/month

Highlights

  • Multiple Garages
  • Formal Dining Room
  • Garage
  • Warren Township High School Rated A
  • Garage ceiling height seven feet or more
  • Senior Tax Exemptions

About This Home

As of February 2022

THIS HOME IS NOT FOR RENT! IF SOMEONE TELLS YOU, IT IS NOT TRUE! Stop looking this is the one! Welcome to this spectacular home on a dead-end street with an extra lot next to the home! This 3-bedroom, 2 baths, full basement, and five-car (YES, 5 CAR!). Ibarn garage waiting just for you! The home has been remodeled to perfection! Nothing to do but move right in! This home will check all your boxes: freshly painted, newer appliances, freshly paved driveway, BRAND NEW light fixtures, can lighting, REMODELED kitchen with NEW granite countertops, NEW carpet, NEW A/C, NEW Vinyl flooring, NEW electric, 2 BRAND NEW bathrooms, the BIG extra lot next to home, and PROFESSIONALLY LANDSCAPED. On top of all these wonderful features, you have an attached 1 car garage next to the home and a MASSIVE 34x36 detached garage! ATTENTION car enthusiasts, mechanics, landscapers, wood-worker, business owners, or anyone in need of extra space this is the garage of your dreams! You will not find another one like it. Located near downtown Gurnee. Did I mention GURNEE SCHOOLS! Close to shopping and Six Flags. Be prepared to fall in love at first sight. Check out the virtual tour!

Last Agent to Sell the Property

Silvia Carmona

Jason Mitchell Real Estate IL License #471002878 Listed on: 12/20/2021

Jason Mitchell Real Estate IL

Co-Listed By

Angie Fraguas

Jason Mitchell Real Estate IL License #471021253

Last Buyer's Agent

Nanette Masangcay

Kale Realty License #475176371

Kale Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,063

Year Built | Renovated

  • 1948 | 2021

Lot Details

  • 0.5

Parking

  • Garage
  • Multiple Garages
  • Garage ceiling height seven feet or more
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Unfinished Basement

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,063

Year Built | Renovated

1948 | 2021

Lot Details

0

Parking

5

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Co List Office Mls Id: MRD25044
  • Co List Office Phone: (866) 418-9999
  • Directions: Rt 132 to Estes, turn left on Drexel to the end of street
  • Lot Size: 100X145
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1948
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 1374
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1374
  • Basement Sq Ft: 728
  • Total Sq Ft: 2102
  • Unfinished Basement Sq Ft: 728
  • Main Level Sq Ft: 1374
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 5
  • Garage Details: 7 Foot or more high garage door,Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage
  • Garage Spaces: 5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: River Trail School
  • High School: Warren Township High School
  • Junior High Dist: 121
  • Middle Or Junior School: Viking Middle School

Lot Info

  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Additional Parcels: Yes

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 4487.82
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Jan 27, 2022
Sold by
Red Door Acquisitions Llc
Bought by
Morgan Kyle
Seller's Agent
Silvia Carmona
Jason Mitchell Real Estate IL
Buyer's Agent
Nanette Masangcay
Kale Realty
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Current Estimated Value
$316,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,099
Avg. Annual Appreciation
4.11%
Original Mortgage
$247,000
Interest Rate
3.25%
Mortgage Type
Balloon

Purchase Details

Listed on
Jan 13, 2021
Closed on
Feb 26, 2021
Sold by
Dixon Raymond David and Dixon William
Bought by
Red Door Acquisitions Llc
Seller's Agent
Tracy Stella
Stellar Results Realty
Buyer's Agent
Silvia Carmona
Jason Mitchell Real Estate IL
List Price
$152,000
Sold Price
$160,101
Premium/Discount to List
$8,101
5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.43%

Purchase Details

Closed on
Dec 29, 1999
Sold by
Wooster Arthur D and Wooster Laura E
Bought by
Dixon Raymond N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.69%
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
Morgan Kyle $260,000 Chicago Title
Red Door Acquisitions Llc $160,500 North American Title
Dixon Raymond N $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Kyle $247,000
Previous Owner Dixon Raymond N $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $260,000 -1.9% $189 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $265,000 +65.5% $193 / Sq Ft
02/26/2021 02/26/21 Sold $160,101 +5.3% $117 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $152,000 -- $111 / 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 $7,063 $75,011 $14,575 $60,436
2023 $6,157 $69,642 $13,532 $56,110
2022 $6,157 $61,265 $14,460 $46,805
2021 $5,246 $54,960 $12,972 $41,988
2020 $3,847 $51,480 $12,653 $38,827
2019 $3,740 $49,986 $12,286 $37,700
2018 $4,323 $55,832 $11,876 $43,956
2017 $4,300 $54,232 $11,536 $42,696
2016 $4,110 $51,817 $11,022 $40,795
2015 $3,956 $49,143 $10,453 $38,690
2014 $3,151 $42,362 $10,895 $31,467
2012 $3,739 $42,686 $10,978 $31,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11291938

Midwest Real Estate Data (MRED)

APN: 07-24-109-008