NOT LISTED FOR SALE

385 N 1st St Gurnee, IL 60031

Estimated Value: $294,000 - $356,000

3 Beds
3 Baths
1,873 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 19, 2015

Last sale price $110,000 $59 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $2,303/month

293 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Detached Garage
  • Warren Township High School Rated A
  • Corner Lot
  • Bathroom on Main Level

About This Home

As of March 2015

Sold as-is! home was expanded to 2-story. Huge corner lot.

Last Agent to Sell the Property

Merle Feldstein

Berkshire Hathaway HomeServices Chicago License #475142645 Listed on: 11/26/2013

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

John Steele

RE/MAX Plaza License #471003805

RE/MAX Plaza

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,756

Year Built

  • 1940

Lot Details

  • East or West Exposure
  • Corner Lot

Parking

  • Detached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Dining Area
  • Laundry on main level

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Property is near a bus stop

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,756

Year Built

1940

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Age: 71-80 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Type Detached: 2 Stories
  • Estimated Year Built: 1940
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Interior Property Features: 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 12X24, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X6, On Level: Main Level, Windows: None
  • Dining Room: Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 17X13, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Additional Rooms: Eating Area
  • Master Bedroom: Dimensions: 15X14, On Level: Main Level, Windows: None
  • Additional Room 1 Name: Eating Area, Dimensions: 9X10, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 16X11, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 16X10, On Level: Main Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 1873
  • Family Room: Dimensions: 15X15, On Level: Main Level, Flooring: Carpet, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: W (West)
  • Acreage: 0.37

Garage/Parking

  • Number of Cars: 6
  • Parking: Garage, Space/s
  • Number Parking Spaces: 3
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 121
  • Elementary School: SPAULDING SCHOOL
  • Middle School: VIKING MIDDLE SCHOOL
  • High School: WARREN TOWNSHIP HIGH SCHOOL
  • Junior High Dist: 56
  • Elementary School #2: SPAULDING SCHOOL
  • Junior High/Middle School #2: SPAULDING SCHOOL

Lot Info

  • Lot Dimensions: 135X117
  • Lot Description: Corner
  • Parcel Identification Number: 07232180010000

Tax Info

  • Taxes: 5694.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2013
Closed on
Mar 10, 2015
Sold by
Madden Benjamin V and Ocampo Silvia
Bought by
Truelsen Jay
Seller's Agent
Merle Feldstein
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
John Steele
RE/MAX Plaza
List Price
$150,000
Sold Price
$110,000
Premium/Discount to List
-$40,000
-26.67%
Current Estimated Value
$329,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,120
Avg. Annual Appreciation
10.89%
Original Mortgage
$98,000
Outstanding Balance
$78,213
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$250,907

Purchase Details

Closed on
Sep 30, 2002
Sold by
Funke Patrick J and Funke Melinda R
Bought by
Madden Benjamin V and Ocampo Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,693
Interest Rate
6.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2000
Sold by
Fiscus Kenneth L and Fiscus Constance L
Bought by
Funke Patrick J and Funke Melinda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,300
Interest Rate
8.31%

Purchase Details

Closed on
Oct 29, 1998
Sold by
Bank Of Waukegan
Bought by
Fiscus Kenneth L and Fiscus Constance L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,840
Interest Rate
6.59%
Mortgage Type
VA
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
Truelsen Jay $10,000 Prism Title
Madden Benjamin V $214,000 --
Funke Patrick J -- --
Fiscus Kenneth L $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truelsen Jay $98,000
Previous Owner Madden Benjamin V $210,693
Previous Owner Funke Patrick J $136,300
Previous Owner Fiscus Kenneth L $131,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2015 03/19/15 Sold $110,000 -20.9% $59 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
09/08/2014 09/08/14 Price Changed $139,000 -7.3% $74 / Sq Ft
11/26/2013 11/26/13 For Sale $150,000 -- $80 / 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 $6,756 $84,432 $16,681 $67,751
2023 $6,081 $74,613 $14,741 $59,872
2022 $6,081 $66,515 $15,457 $51,058
2021 $5,231 $60,805 $14,130 $46,675
2020 $5,066 $59,311 $13,783 $45,528
2019 $4,938 $57,589 $13,383 $44,206
2018 $3,234 $39,504 $13,658 $25,846
2017 $3,196 $38,372 $13,267 $25,105
2016 $3,087 $38,657 $12,676 $25,981
2015 $3,180 $54,545 $12,022 $42,523
2014 $5,694 $62,771 $11,843 $50,928
2012 $5,401 $63,252 $11,934 $51,318
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08494414

Midwest Real Estate Data (MRED)

APN: 07-23-218-001