NOT LISTED FOR SALE

3848 University Ave Gurnee, IL 60031

Estimated Value: $277,000 - $307,000

3 Beds
2 Baths
998 Sq Ft
$288/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $235,000 $235 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,948/month

10 Days on Market

Highlights

  • Formal Dining Room
  • Warren Township High School Rated A
  • Detached Garage

About This Home

As of January 2022

Stunning cap cod home located in cul-de-sac with University park right across the street. Gurnee schools, easy access to major transportation, and all stores. Enjoy the 3D tour of home, Drone Video of home, park and surrounding, and floor plans. All available through virtual tour button on real estate internet web sites. *Renovated in 2021...Fresh paint, New carpet, New bathroom, New vanities, new toilets, New shower, New roof/siding both house and garage, New gutters, New central A/C, New electrical meter and rod, new electrical box, New laundry sink and pump in basement, New laundry hookups, Oak cabinets kitchen, Double sink kitchen, Dishwasher, Gas range, Refrigerator, Washer and gas drier, Water heater (new as of 2017)

Last Agent to Sell the Property

Jay Reid

HomeSmart Connect LLC License #471006747 Listed on: 11/26/2021

HomeSmart Connect LLC

Last Buyer's Agent

Martha Lozano

RE/MAX City License #475142753

RE/MAX City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,601

Year Built | Renovated

  • 1935 | 2021

Lot Details

  • 0.29

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Interior Spaces

  • 2-Story Property
  • Formal Dining Room
  • Unfinished Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,601

Year Built | Renovated

1935 | 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Architectural Style: Cape Cod
  • Directions: Rt. 41 & Grand Ave., W to Estes, S to University, E to #
  • Lot Size: 90X145
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1935
  • Year Renovated: 2021

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: Recreation Room

Exterior Features

  • Roof: Asphalt
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Aluminum Siding,Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Warren Township High School
  • Junior High Dist: 121

Lot Info

  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 3823
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2000
Sold by
Jedrszek Walter and Jedryszek Delores M
Bought by
Stefanova Gueorguiev Borislav H and Stefanova Gueorguiev Ivanka
Current Estimated Value
$287,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,100
Interest Rate
8.26%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stefanova Gueorguiev Borislav H $118,000 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stefanova Georgieva Ivanka $127,851
Previous Owner Gueorguiev Borislav H $147,434
Previous Owner Stefanova Ivanka Geogieva $145,600
Previous Owner Gueorguiev Borislav H $56,000
Previous Owner Gueorguiev Ivanka $20,000
Previous Owner Gueorguiev Borislav H $116,000
Previous Owner Gueorguiev Ivanka $10,000
Previous Owner Gueorguiev Borislav H $118,500
Previous Owner Stefanova Gueorguiev Borislav H $112,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $235,000 -6.0% $235 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $249,900 -- $250 / 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 $4,601 $57,473 $13,118 $44,355
2023 $4,818 $53,359 $12,179 $41,180
2022 $4,818 $47,947 $13,015 $34,932
2021 $4,032 $42,238 $11,676 $30,562
2020 $3,915 $41,200 $11,389 $29,811
2019 $3,823 $40,004 $11,058 $28,946
2018 $4,206 $43,456 $10,688 $32,768
2017 $4,168 $42,211 $10,382 $31,829
2016 $4,061 $40,332 $9,920 $30,412
2015 $3,967 $38,251 $9,408 $28,843
2014 $3,132 $37,203 $9,841 $27,362
2012 $2,979 $37,488 $9,916 $27,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11276849

Midwest Real Estate Data (MRED)

APN: 07-24-109-016