5501 Chapel Hill Gurnee, IL 60031
Estimated Value: $595,766 - $641,000
4
Beds
4
Baths
3,614
Sq Ft
$170/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Landscaped Professionally
- Vaulted Ceiling
- Woodland Elementary School Rated A-
- Recreation Room
- Wood Flooring
About This Home
As of September 2016Beautiful 4 bedroom, 4 bathroom detached home located in desireable Steeple Pointe Subdivision. Spacious room sizes and tons of upgrades. Open floor with formal & bright living room and dining room. Eat-in kitchen with bay window eating area. A lot of cabinets, huge island/breakfast bar, open to a 2-story family room with charming fireplace. 1st floor office can be converted into fifth bedroom. Luxury master suite with tray ceiling & private bath and jetted tub. Finished basement offers potential in- law suite with kitchen roughed-in & full bath. Close to schools, shopping, restaurants and minutes from I-294.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,842
Year Built
- 1999
Lot Details
- 0.28
HOA Fees
- $34 per month
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- Vaulted Ceiling
- Den
- Recreation Room
- Bonus Room
- Wood Flooring
Kitchen
- Second Kitchen
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Double Oven
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Patio
- Landscaped Professionally
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2016
Closed on
Sep 29, 2016
Sold by
Rachel John Ittyavirah and Rachel John
Bought by
Bava Salim and Abubacker Ralphia M
Seller's Agent
Delphine Nguyen
eXp Realty, LLC
Buyer's Agent
Varghese Palamalayil
Achieve Real Estate Group Inc
List Price
$409,000
Sold Price
$380,000
Premium/Discount to List
-$29,000
-7.09%
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,942
Avg. Annual Appreciation
5.74%
Original Mortgage
$361,000
Outstanding Balance
$292,501
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$323,441
Purchase Details
Closed on
Jul 26, 1999
Sold by
D R Horton Inc
Bought by
Rachel John Ittyavirah and Rachel John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.68%
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
Similar Homes in Gurnee, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bava Salim | $380,000 | Chicago Title Insurance Co | |
| Rachel John Ittyavirah | $342,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bava Salim | $361,000 | |
| Previous Owner | John Itty Avirah | $50,000 | |
| Previous Owner | John Ittyavirah | $160,000 | |
| Previous Owner | Rachel John Ittyavirah | $170,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2016 09/29/16 | Sold | $380,000 | -7.1% | $105 / Sq Ft |
| 08/08/2016 08/08/16 | Pending | -- | -- | -- |
| 08/08/2016 08/08/16 | For Sale | $409,000 | -- | $113 / 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 | $15,842 | $184,872 | $23,262 | $161,610 |
| 2023 | $14,884 | $166,640 | $20,968 | $145,672 |
| 2022 | $14,884 | $156,241 | $19,102 | $137,139 |
| 2021 | $13,473 | $149,973 | $18,336 | $131,637 |
| 2020 | $13,043 | $146,286 | $17,885 | $128,401 |
| 2019 | $12,671 | $142,039 | $17,366 | $124,673 |
| 2018 | $11,563 | $130,390 | $23,029 | $107,361 |
| 2017 | $11,322 | $126,654 | $22,369 | $104,285 |
| 2016 | $11,822 | $132,013 | $21,373 | $110,640 |
| 2015 | $11,502 | $125,202 | $20,270 | $104,932 |
| 2014 | $11,531 | $117,942 | $23,014 | $94,928 |
| 2012 | $10,603 | $118,845 | $23,190 | $95,655 |
Source: Public Records
Agents Affiliated with this Home
-
Delphine Nguyen
Seller's Agent in 2016
Delphine Nguyen
eXp Realty, LLC
(773) 234-7778
13 Total Sales
-
Varghese Palamalayil
V
Buyer's Agent in 2016
Varghese Palamalayil
Achieve Real Estate Group Inc
(847) 687-5100
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09309802
APN: 07-10-103-024
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