NOT LISTED FOR SALE

422 Farmgate Ct Gurnee, IL 60031

Estimated Value: $361,000 - $393,019

3 Beds
2 Baths
1,760 Sq Ft
$216/Sq Ft Est. Value

Last Sold January 11, 2017

Last sale price $201,000 $114 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,745/month

16 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Main Floor Bedroom
  • Woodland Elementary School Rated A-
  • Vaulted Ceiling
  • Corner Lot

About This Home

As of January 2017

Lovingly cared for ranch home in Gurnee in fabulous location near toll way, entertainment, shopping and more! Vaulted ceilings, an array of windows and sliding glass doors. Oversized deck overlooks yard. Sun-drenched living room open to dining room; perfect for entertaining. Kitchen includes breakfast bar and eating area. Family room open to eating area and includes a dramatic stone fireplace. Master bedroom with generous closet space and private bathroom. Two additional bedroom and a full bathroom complete the main level. For added living space the finished basement features a REC space and laundry room. Furnace, A/C and Hot Water Tank 5 years old.

Last Agent to Sell the Property

Leslie McDonnell

RE/MAX Suburban License #475124525 Listed on: 11/01/2016

RE/MAX Suburban

Last Buyer's Agent

Dawn Kasten

Berkshire Hathaway HomeServices Chicago License #475159845

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,092

Year Built

  • 1979

Lot Details

  • Corner Lot

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Dining Area
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Grill

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,092

Year Built

1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Interstate Access
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1 Story
  • Estimated Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 9
  • Living Room: Dimensions: 22X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Equipment: Sump Pump
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X12, On Level: Basement, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Vinyl, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space
  • Additional Rooms: Eating Area, Recreation Room
  • Master Bedroom: Dimensions: 18X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Eating Area, Dimensions: 12X09, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 2 Name: Recreation Rm, Dimensions: 14X12, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 14X10, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1760
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Storms/Screens, Outdoor Grill
  • Acreage: 0.2634

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas

Schools

  • School District: 121
  • Elementary School: WOODLAND ELEMENTARY SCHOOL
  • Middle School: WOODLAND MIDDLE SCHOOL
  • High School: WARREN TOWNSHIP HIGH SCHOOL
  • Junior High Dist: 50

Lot Info

  • Lot Dimensions: 84X135
  • Lot Description: Corner
  • Parcel Identification Number: 07262050120000

Tax Info

  • Taxes: 6161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2016
Closed on
Jan 11, 2017
Sold by
Chicago Title Land Trust Company
Bought by
Hoffert Scott J
Seller's Agent
Leslie McDonnell
RE/MAX Suburban
Buyer's Agent
Dawn Kasten
Berkshire Hathaway HomeServices Chicago
List Price
$209,900
Sold Price
$201,000
Premium/Discount to List
-$8,900
-4.24%
Current Estimated Value
$380,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,005
Avg. Annual Appreciation
7.50%
Original Mortgage
$160,800
Outstanding Balance
$133,196
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$241,455
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
Hoffert Scott J $201,000 Pro Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffert Scott J $160,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2017 01/11/17 Sold $201,000 -4.2% $114 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $209,900 -- $119 / 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 $8,092 $106,617 $22,855 $83,762
2023 $8,358 $89,031 $19,085 $69,946
2022 $8,358 $90,368 $19,081 $71,287
2021 $7,556 $86,742 $18,315 $68,427
2020 $7,309 $84,610 $17,865 $66,745
2019 $7,648 $82,153 $17,346 $64,807
2018 $7,632 $82,909 $17,046 $65,863
2017 $7,557 $80,534 $16,558 $63,976
2016 $6,442 $76,948 $15,821 $61,127
2015 $6,161 $72,978 $15,005 $57,973
2014 $6,301 $72,172 $15,715 $56,457
2012 $5,915 $72,724 $15,835 $56,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09379361

Midwest Real Estate Data (MRED)

APN: 07-26-205-012