NOT LISTED FOR SALE

3960 Grandville Ave Gurnee, IL 60031

Estimated Value: $360,111 - $423,000

4 Beds
3 Baths
2,382 Sq Ft
$166/Sq Ft Est. Value

About This Home

This home is located at 3960 Grandville Ave, Gurnee, IL 60031 and is currently estimated at $394,778, approximately $165 per square foot. 3960 Grandville Ave is a home located in Lake County with nearby schools including Spaulding Elementary School, Viking Middle School, and Warren Township High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2005
Sold by
Corcoran Joseph J and Kelley Amy C
Bought by
Morrelli Michael and Morrelli Jeannene
Current Estimated Value
$394,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,630
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2003
Sold by
Rice James B
Bought by
Corcoran Joseph J and Kelley Amy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2003
Sold by
Rice Connie
Bought by
Rice James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2002
Sold by
Rice James B
Bought by
Rice James B and Rice Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
6.87%

Purchase Details

Closed on
Jan 13, 1994
Sold by
Hintz Donald J and Hintz Helen M
Bought by
Papp Marianne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,500
Interest Rate
5.62%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Morrelli Michael $297,000 --
Corcoran Joseph J $250,000 --
Rice James B -- Mid America Title Company
Rice James B -- First American Title Insuran
Rice James B $232,000 First American Title
Papp Marianne L $112,666 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrelli Michael $234,630
Previous Owner Corcoran Joseph J $200,000
Previous Owner Rice James B $190,000
Previous Owner Rice James B $185,600
Previous Owner Papp Marianne L $109,500
Closed Rice James B $34,800
Closed Rice James B $35,300
Closed Corcoran Joseph J $37,500
Source: Public Records

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 $9,174 $106,037 $15,078 $90,959
2023 $7,996 $98,447 $13,999 $84,448
2022 $7,996 $85,565 $14,401 $71,164
2021 $7,039 $79,739 $13,420 $66,319
2020 $6,821 $77,779 $13,090 $64,689
2019 $6,651 $75,521 $12,710 $62,811
2018 $6,894 $77,324 $12,284 $65,040
2017 $6,823 $75,108 $11,932 $63,176
2016 $6,622 $71,764 $11,401 $60,363
2015 $6,436 $68,062 $10,813 $57,249
2014 $7,461 $80,396 $10,387 $70,009
2012 $7,070 $81,012 $10,467 $70,545
Source: Public Records

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