NOT LISTED FOR SALE

498 Freedom Ct Gurnee, IL 60031

Estimated Value: $455,321 - $511,000

4 Beds
3 Baths
2,079 Sq Ft
$229/Sq Ft Est. Value

About This Home

This home is located at 498 Freedom Ct, Gurnee, IL 60031 and is currently estimated at $476,580, approximately $229 per square foot. 498 Freedom Ct is a home located in Lake County with nearby schools including Woodland Primary School, Woodland Elementary School, and Woodland Intermediate School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2020
Sold by
Tibbs Theresa R
Bought by
Spencer Jeffrey and Spencer Dawn
Current Estimated Value
$476,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,294
Outstanding Balance
$275,870
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$182,131

Purchase Details

Closed on
Jul 9, 1997
Sold by
Morton David B and Morton Bozena
Bought by
Tibbs Theresa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
7.68%

Purchase Details

Closed on
May 30, 1996
Sold by
D R Horton Inc
Bought by
Morton David B and Morton Bozena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Spencer Jeffrey $315,000 Attorney
Tibbs Theresa R $163,333 --
Morton David B $227,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Jeffrey $309,294
Previous Owner Tibbs Theresa R $220,500
Previous Owner Morton David B $150,000
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 $9,464 $112,348 $28,155 $84,193
2023 $9,298 $104,306 $26,140 $78,166
2022 $9,298 $101,393 $26,147 $75,246
2021 $8,401 $97,325 $25,098 $72,227
2020 $8,129 $94,933 $24,481 $70,452
2019 $7,896 $92,177 $23,770 $68,407
2018 $8,739 $102,601 $25,275 $77,326
2017 $8,710 $99,661 $24,551 $75,110
2016 $8,576 $95,224 $23,458 $71,766
2015 $8,352 $90,311 $22,248 $68,063
2014 $8,189 $85,291 $21,946 $63,345
2012 $7,762 $89,940 $22,128 $67,812
Source: Public Records

Map

Illinois Lake County Gurnee 60031

498 Freedom Ct, Gurnee, IL

This home is located at 498 Freedom Ct, Gurnee, IL 60031 and is currently estimated at $476,580, approximately $229 per square foot. 498 Freedom Ct is a home located in Lake County with nearby schools including Woodland Primary School, Woodland Elementary School, and Woodland Intermediate School.

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