$700,000
SOLD MAY 26, 2017

5475 Chancery Rd Gurnee, IL 60031

5 Beds
4.5 Baths
4,622 Sq Ft
0.92 Acres

Recently Sold

$151 Per Sq Ft

5% Below List Price

4 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Deck
  • Wooded Lot
  • Woodland Elementary School Rated A-
  • Recreation Room
  • 1-minute walk to Churchill Hunt Park

About This Home

As of August 2022

Picturesque wooded lot - the best in the subdivision! 6,000+ square feet of total luxury on 3 finished levels with 5 bedrooms and 4.5 baths. Magnificent living areas-perfect for parties. Unmatched master suite with French doors, fireplace, private dressing area, 2 large walk-in closets, and spa-like bathroom. Finished walkout basement with 5th bedroom, exercise room, bathroom with steam shower, wine area with built-in bar, dishwasher, wine fridge and microwave. Large Rec and family room. Private screened porch overlooks lush grounds and private wooded area. Designer details throughout this home include hardwood floors, new carpet and paint, built-ins, crown molding, custom speakers, custom window treatments, 3 fireplaces, den, parlor... too much to list!

Last Agent to Sell the Property

Polly Berry

Winner's Edge, Inc. License #471007868 Listed on: 02/06/2017

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,015

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 135x362x260x54x61
  • Wooded Lot

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,622 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Electric Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Workshop
  • Heated Sun or Florida Room
  • Screened Porch
  • Utility Room with Study Area
  • Home Gym
  • Full Attic

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Dual Sinks
  • Soaking Tub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Storm Screens

Outdoor Features

  • Deck
  • Patio

Schools

  • Woodland Elementary School
  • Woodland Intermediate School
  • Warren Township High School

Utilities

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

Community Details

  • Association fees include insurance
  • The Estates At Churchill Hunt Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,015

Year Built

Built in 2007

Lot Details

0

HOA Fees

$64 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Subdivision Name: The Estates at Churchill Hunt
  • Year Built: 2007
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access,Flood Zone (Partial)
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full, Walkout
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Electric, Gas Starter
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors
  • LivingArea: 4622
  • Other Equipment: Humidifier, TV-Cable, Security System, Ceiling Fan(s), Sump Pump
  • Room Type: Bedroom 5, Den, Exercise Room, Foyer, Mud Room, Recreation Room, Sitting Room, Heated Sun Room, Workshop
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 6122
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Master Bedroom,Other
  • Attic: Full
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Patio, Porch, Porch Screened, Brick Paver Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 740000
  • Lot Features: Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick,Cedar

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • 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
  • Heating: Natural Gas, Forced Air, Zoned
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 191
  • Association Fee Frequency: Quarterly
  • Master Association Fee: No
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Insurance, Other

Schools

  • Elementary School: WOODLAND ELEMENTARY SCHOOL
  • High School: WARREN TOWNSHIP HIGH SCHOOL
  • Middle/Junior School: WOODLAND INTERMEDIATE SCHOOL
  • Middle/Junior School District: 50

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 135X362X260X54X61
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 18014.58
  • Tax Year: 2015
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 19, 2022
Sold by
Malhotra and Gagandeep
Bought by
Wedley William C and Wedley Felicia L
Seller's Agent
Gagandeep Malhotra
Core Realty & Investments Inc.
Buyer's Agent
Ashley Hood
Kale Realty
List Price
$795,000
Sold Price
$772,500
Premium/Discount to List
-$22,500
-2.83%
Current Estimated Value
$895,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,631
Avg. Annual Appreciation
4.84%
Original Mortgage
$750,000
Outstanding Balance
$711,718
Interest Rate
4.63%
Mortgage Type
VA
Estimated Equity
$183,413

Purchase Details

Listed on
Feb 6, 2017
Closed on
May 19, 2017
Sold by
Halverson Mark and Halverson Danielle
Bought by
Malhotra Vikas
Seller's Agent
Polly Berry
Winner's Edge, Inc.
Buyer's Agent
Non Member
NON MEMBER
List Price
$740,000
Sold Price
$700,000
Premium/Discount to List
-$40,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%
Original Mortgage
$490,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 17, 2012
Closed on
Sep 6, 2012
Sold by
Vovolka John D and Vovolka Michele H
Bought by
Halverson Mark and Halverson Danielle
Seller's Agent
Mary Lou Leboeuf
@properties Christie's International Real Estate
Buyer's Agent
Brenda Bersani
Baird & Warner
List Price
$777,000
Sold Price
$675,000
Premium/Discount to List
-$102,000
-13.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.77%

Purchase Details

Closed on
Jul 25, 2008
Sold by
Toll Il Iii Lp
Bought by
Vovolka John D and Vovolka Michele H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,112
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $772,500 Zma Legal
Warranty Deed $700,000 Chicago Title
Warranty Deed $675,000 None Available
Warranty Deed $874,000 Ct
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 VA
Previous Owner $490,000 Adjustable Rate Mortgage/ARM
Previous Owner $699,112 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $772,500 -2.8% $109 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $795,000 +13.6% $112 / Sq Ft
08/28/2017 08/28/17 Off Market $700,000 -- --
05/26/2017 05/26/17 Sold $700,000 -5.4% $151 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $740,000 +9.6% $160 / Sq Ft
09/06/2012 09/06/12 Sold $675,000 -13.1% $146 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $777,000 0.0% $168 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
04/11/2012 04/11/12 Price Changed $777,000 -2.8% $168 / Sq Ft
02/17/2012 02/17/12 For Sale $799,000 -- $173 / 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 -- $252,662 $31,082 $221,580
2023 $14,759 $234,576 $28,857 $205,719
2022 $14,759 $232,779 $32,279 $200,500
2021 $20,348 $223,439 $30,984 $192,455
2020 $19,705 $217,946 $30,222 $187,724
2019 $19,149 $211,619 $29,345 $182,274
2018 $18,966 $210,019 $40,005 $170,014
2017 $18,579 $204,001 $38,859 $165,142
2016 $18,455 $194,918 $37,129 $157,789
2015 $18,015 $206,376 $35,213 $171,163
2014 $17,883 $194,825 $49,071 $145,754
2012 $16,945 $196,317 $49,447 $146,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09495922

Midwest Real Estate Data (MRED)

APN: 07-10-106-010