NOT LISTED FOR SALE

540 Prescott Ln Gurnee, IL 60031

Gurnee Area

Estimated Value: $608,000 - $676,000

4 Beds
3.5 Baths
4,286 Sq Ft
$151/Sq Ft Est. Value

Sale Details

Date Sold: June 4, 2024

Last sale price $569,000 $133 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,833 / mo

5 Days on Market

Highlights

  • Home Theater
  • Landscaped Professionally
  • Wooded Lot
  • Woodland Elementary School Rated A-
  • Property is near park
  • Vaulted Ceiling

About This Home

As of June 2024

Best PRICED HOME in Desirable Timberwoods! Beautiful home w/Newer Mechanics!!! (2) New HI_EFF furnaces in 2020 & (2) New A/C units in 2020 ($20k+), New Roof and gutter guards in 2018! ($14k)Brand new Hot water heater 2024!! Step inside Lovely 2 STORY FOYER hosts gleaming hardwood floors, entry opens into the Spacious Living room/dining area. PERFECT HOME for Entertaining! LARGE EAT IN KITCHEN W/BREAKFAST BAR, Stainless Steel APPLIANCES & LOADS OF CABINET SPACE, Corian counters & NICE planning desk. Sliders to The MOST Beautiful 4 SEASON ROOM W/MARBLE FLOORS & FANTASTIC VIEWS OF the Private/ FENCED BACKYARD lined w/MATURE TREES! Volume ceiling in the FAMILY RM W/Romantic Fireplace.(gas logs). 1ST FLOOR BEDROOM W/WALK IN CLOSET & FULL BATH. (IDEAL FOR IN-LAWS!) PLUS First floor den/office & Main floor Laundry room. Head upstairs to the Large MASTER Suite W/TRAY CEILING, HIS/HERS CLOSETS & HUGE MASTER BATH w/all the bells and whistles...DUAL VANITIES MAKE UP COUNTER, OVER SIZED TUB & SHOWER. TWO OTHER UPSTAIRS BEDROOMS & MEDIA ROOM W/WINDOWS OVERLOOKING FAMILY Room. NOTE***. ALL CLOSETS ARE WALK-In's!! Unfinished basement (1470 SQ FT) is ready for your finishing touches. Attached 2 1/2 car garage w/2 service doors. Home is EXTREMELY WELL KEPT.. MOVE IN READY!! Ideal Location-2 BLOCKS FROM PARK, & MINUTES TO TOLLWAY & SHOPPING... (new microwave and nest). CALL NOW-SHOWS GREAT! EZ to show!

Last Agent to Sell the Property

Brenda Newman-Lawler

RE/MAX Plaza License #475094630 Listed on: 04/16/2024

RE/MAX Plaza

Co-Listed By

Mason Lawler

RE/MAX Plaza License #475191090

Last Buyer's Agent

Brenda Newman-Lawler

RE/MAX Plaza License #475094630 Listed on: 04/16/2024

RE/MAX Plaza

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,076

Year Built

  • Built in 2000 | Remodeled in 2018

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Dimensions are 78x143x85x146
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Wooded Lot

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,286 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Home Theater
  • Den
  • Heated Sun or Florida Room
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Laundry on main level

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Separate Shower

Unfinished Basement

  • Partial Basement
  • Sump Pump

Location

  • Property is near park

Schools

  • Woodland Elementary School
  • Woodland Middle School
  • Warren Township High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas

Community Details

  • Timberwoods Subdivision, Maple Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,076

Year Built

Built in 2000 | Remodeled in 2018

Lot Details

0.28 Acres

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Timberwoods
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, First Floor Full Bath
  • LivingArea: 4286
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump, Radon Mitigation System
  • Room Type: Den, Media Room, Heated Sun Room
  • Estimated Total Finished Sq Ft: 4286
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Family Room
  • Total Sq Ft: 5756
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Landscaped, Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Zoned
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 270
  • Association Fee Frequency: Annually
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Woodland Elementary School
  • High School: Warren Township High School
  • Middle/Junior School: Woodland Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.28
  • Lot Dimensions: 78X143X85X146
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 14076
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 29, 2024
Sold by
Bought by
Seller's Agent
Brenda Newman-Lawler
RE/MAX Plaza
Buyer's Agent
Brenda Newman-Lawler
RE/MAX Plaza
List Price
$589,000
Sold Price
$569,000
Premium/Discount to List
-$20,000
-3.4%
Views
77
Current Estimated Value
$647,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,938
Avg. Annual Appreciation
6.38%
Original Mortgage
$80,000
Interest Rate
0.0722%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,099
Interest Rate
0.0412%
Mortgage Type
FHA

Purchase Details

Listed on
May 30, 2014
Closed on
Aug 4, 2014
Sold by
Bought by
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Michael Nukkala
Redfin Corporation
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$370,475
Interest Rate
0.035%
Mortgage Type
VA

Purchase Details

Closed on
Dec 31, 2001
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
0.0703%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$569,000 None Listed On Document
$400,000 Stewart Title
$400,000 Chicago Title Insurance Co
-- --
$441,500 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $80,000
Previous Owner $357,812
Previous Owner $372,099
Previous Owner $370,475
Previous Owner $40,000
Previous Owner $150,000
Previous Owner $275,000
Previous Owner $275,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2024 06/04/24 Sold $569,000 0.0% $133 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $569,000 -3.4% $133 / Sq Ft
04/16/2024 04/16/24 For Sale $589,000 +47.3% $137 / Sq Ft
08/07/2014 08/07/14 Sold $400,000 -3.6% $93 / Sq Ft View Prior Sale
06/26/2014 06/26/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $415,000 -- $97 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $15,483 $194,201 $31,566 $162,635
2024 $15,123 $174,368 $28,342 $146,026
2023 $15,123 $161,886 $26,313 $135,573
2022 $14,076 $150,412 $26,321 $124,091
2021 $12,730 $144,377 $25,265 $119,112
2020 $12,323 $140,828 $24,644 $116,184
2019 $11,975 $136,740 $23,929 $112,811
2018 $13,303 $153,004 $28,110 $124,894
2017 $13,165 $148,620 $27,305 $121,315
2016 $13,073 $142,002 $26,089 $115,913
2015 $12,747 $134,676 $24,743 $109,933
2014 $10,544 $118,169 $24,426 $93,743
2012 $10,093 $119,074 $24,613 $94,461
Source: Public Records

Agents Affiliated with this Home

  • Brenda Newman-Lawler

    Seller's Agent in 2024

    Brenda Newman-Lawler

    RE/MAX Plaza

    (847) 668-3121

    316 Total Sales

    Brenda Newman-Lawler
    Section Image
  • Mason Lawler

    Seller Co-Listing Agent in 2024

    Mason Lawler

    RE/MAX Plaza

    (847) 785-9583

    180 Total Sales

    Mason Lawler
    Section Image
  • Jane Lee

    Seller's Agent in 2014

    Jane Lee

    RE/MAX

    (847) 420-8866

    2,200 Total Sales

    Jane Lee
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12030872

Midwest Real Estate Data (MRED)

APN: 07-19-212-031

Illinois Lake County Gurnee 60031

540 Prescott Ln, Gurnee, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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