5118 Carol Ln Unit 16 Gurnee, IL 60031
3
Beds
3
Baths
1,540
Sq Ft
$319/mo
HOA Fee
Highlights
- Landscaped Professionally
- Detached Garage
- Breakfast Bar
- Warren Township High School Rated A
- Walk-In Closet
- Forced Air Heating and Cooling System
About This Home
As of July 2025Motivated Sellers are offering this spacious 3 Bedroom/2.5 Bath townhome at a price that will allow new buyers the ability to transform this "diamond in the rough" into the gem it can so be! The sellers started a few projects but never got around to completing so many of the others. Home features tile backsplash & laminate flooring in the kitchen, NEWER sliding door, NEWER carpet throughout the main level, stairs, & hallway up/down, NEW hot water heater, NEWER toilets, UPDATED drainage system, Alarm system & NEWER digital thermostat plus a clean and dry crawl space for additional storage. Master bedroom with private bath & walk-in closet! Spacious room sizes. FENCED BACKYARD is perfect for privacy, and safety for children and pets. Enjoy parking your expensive car in the detached 2 car garage with plenty of visitor parking just around the corner. HOA fees include outdoor pool and clubhouse. Just minutes I-94 and everything fun that Gurnee offers. Walking distance to Six Flags!
Last Agent to Sell the Property
Fulton Grace Realty License #475138812 Listed on: 08/01/2019
Last Buyer's Agent
saul waimberk
Keller Williams Success Realty License #471011255
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,928
Year Built
- 1974
HOA Fees
- $319 per month
Parking
- Detached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Dining Area
- Laminate Flooring
- Crawl Space
Kitchen
- Breakfast Bar
- Oven or Range
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- North or South Exposure
- Landscaped Professionally
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Pet Policy
- Pets Allowed
Security
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2025
Closed on
Jul 18, 2025
Sold by
Mehr Marjan
Bought by
Matute Hector
Seller's Agent
Bahareh Rezvanian
Keller Williams ONEChicago
Buyer's Agent
Alexander Attiah
Fulton Grace Realty
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%
Views
395
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
204.63%
Original Mortgage
$213,400
Outstanding Balance
$213,400
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$27,105
Purchase Details
Listed on
Aug 1, 2019
Closed on
Sep 10, 2019
Sold by
Wayne Harold and Wayne Towinina Annette
Bought by
Mehr Marjan
Seller's Agent
Jim Newcomb
Fulton Grace Realty
Buyer's Agent
saul waimberk
Keller Williams Success Realty
List Price
$159,900
Sold Price
$148,500
Premium/Discount to List
-$11,400
-7.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Purchase Details
Closed on
May 26, 2004
Sold by
Lawrence Harold S and Lawrence Elvira
Bought by
Wayne Harold
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
6.17%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 5, 2002
Sold by
Patel Bharat D
Bought by
Lawrence Harold S and Lawrence Elvira
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,250
Interest Rate
6.93%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 11, 2001
Sold by
Hoff Melinda J
Bought by
Patel Bharat D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 5, 1995
Sold by
Manley Harold M
Bought by
Hoff Melinda J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,100
Interest Rate
7.81%
Mortgage Type
VA
Similar Home in Gurnee, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $220,000 | Burnet Title | |
| Warranty Deed | $148,500 | Chicago Title | |
| Warranty Deed | $155,000 | First American Title | |
| Warranty Deed | $125,000 | -- | |
| Warranty Deed | $125,000 | First American Title | |
| Warranty Deed | $93,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $213,400 | New Conventional | |
| Previous Owner | $117,430 | FHA | |
| Previous Owner | $24,000 | Stand Alone Second | |
| Previous Owner | $150,000 | FHA | |
| Previous Owner | $121,250 | FHA | |
| Previous Owner | $112,500 | Purchase Money Mortgage | |
| Previous Owner | $90,100 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | Sold | $220,000 | -6.4% | $143 / Sq Ft |
| 06/06/2025 06/06/25 | Pending | -- | -- | -- |
| 04/24/2025 04/24/25 | For Sale | $235,000 | +58.2% | $153 / Sq Ft |
| 09/10/2019 09/10/19 | Sold | $148,500 | -7.1% | $96 / Sq Ft |
| 08/07/2019 08/07/19 | Pending | -- | -- | -- |
| 08/01/2019 08/01/19 | For Sale | $159,900 | -- | $104 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,928 | $62,953 | $8,939 | $54,014 |
| 2023 | $5,928 | $58,447 | $8,299 | $50,148 |
| 2022 | $5,953 | $59,239 | $7,544 | $51,695 |
| 2021 | $5,428 | $56,862 | $7,241 | $49,621 |
| 2020 | $5,271 | $55,464 | $7,063 | $48,401 |
| 2019 | $4,581 | $53,854 | $6,858 | $46,996 |
| 2018 | $3,930 | $46,699 | $4,151 | $42,548 |
| 2017 | $3,886 | $45,361 | $4,032 | $41,329 |
| 2016 | $3,760 | $43,341 | $3,852 | $39,489 |
| 2015 | $3,641 | $43,268 | $3,653 | $39,615 |
| 2014 | $3,354 | $39,423 | $3,603 | $35,820 |
| 2012 | $3,447 | $39,725 | $3,631 | $36,094 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2025
Bahareh Rezvanian
Keller Williams ONEChicago
(312) 262-7379
1 in this area
12 Total Sales
-
Buyer's Agent in 2025
Alexander Attiah
Fulton Grace Realty
(847) 276-5980
45 in this area
219 Total Sales
-
J
Seller's Agent in 2019
Jim Newcomb
Fulton Grace Realty
11 in this area
82 Total Sales
-
Seller Co-Listing Agent in 2019
Candy Hill
Fulton Grace Realty
(224) 588-2131
21 in this area
142 Total Sales
-
s
Buyer's Agent in 2019
saul waimberk
Keller Williams Success Realty
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10470231
APN: 07-15-202-006
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