NOT LISTED FOR SALE

5532 Chancery Rd Gurnee, IL 60031

Estimated Value: $702,064 - $815,000

4 Beds
4 Baths
3,527 Sq Ft
$208/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $419,000 $119 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,397/month

48 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Woodland Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Churchill Hunt Park

About This Home

As of January 2013

**** SOLD AS SHORT SALE ****

Last Agent to Sell the Property

Jane Lee

RE/MAX Top Performers License #471004433 Listed on: 09/06/2012

Co-Listed By

Theresa Hannah

HomeSmart Connect LLC License #475128421

Last Buyer's Agent

Elizabeth Bryant

Baird & Warner License #475131493

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,264

Year Built

  • 2005

Lot Details

  • 0.93

HOA Fees

  • $64 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Sitting Room
  • Den
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Brick Porch or Patio
  • Landscaped Professionally

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,264

Year Built

2005

Lot Details

0

HOA Fees

$64 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 6-10 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 20X14, On Level: Main Level, Flooring: Carpet, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Disposal
  • Equipment: Humidifier, Security System, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 15X14, On Level: Main Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 25X16, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Den, Sitting Room
  • Master Bedroom: Dimensions: 17X17, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Den, Dimensions: 15X13, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Room 2 Name: Sitting, Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 4: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 3527
  • Dining Room Type: Separate
  • Family Room: Dimensions: 23X15, On Level: Main Level, Flooring: Carpet, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Brick Paver Patio, Storms/Screens
  • Acreage: 0.93

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment Association Fees: 64

Schools

  • School District: 121
  • Elementary School: WOODLAND ELEMENTARY SCHOOL
  • Middle School: WOODLAND MIDDLE SCHOOL
  • High School: WARREN TOWNSHIP HIGH SCHOOL
  • Junior High Dist: 50

Lot Info

  • Lot Dimensions: 143X16X262X79X68X264
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 07101040100000

Tax Info

  • Taxes: 13506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2012
Closed on
Jan 24, 2013
Sold by
Kavilaveettil Tom T and Kavilaveettil Tom T
Bought by
Weiss Kevin A
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Elizabeth Bryant
Baird & Warner
List Price
$475,000
Sold Price
$419,000
Premium/Discount to List
-$56,000
-11.79%
Current Estimated Value
$734,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,516
Avg. Annual Appreciation
4.53%
Original Mortgage
$335,200
Outstanding Balance
$233,346
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$501,170

Purchase Details

Closed on
Oct 24, 2005
Sold by
Toll Il Iii Lp
Bought by
Kavilaveettil Tom T and Kavilaveettil Santhi T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Weiss Kevin A -- --
Weiss Kevin A -- --
Kavilaveettil Tom T $597,500 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiss Kevin A $335,200
Closed Weiss Kevin A $335,200
Previous Owner Kavilaveettil Tom T $178,000
Previous Owner Kavilaveettil Tom T $359,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2013 01/31/13 Sold $419,000 -11.8% $119 / Sq Ft
10/24/2012 10/24/12 Pending -- -- --
09/06/2012 09/06/12 For Sale $475,000 -- $135 / 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 $17,264 $194,832 $31,129 $163,703
2023 $17,113 $180,886 $28,901 $151,985
2022 $17,113 $178,738 $32,328 $146,410
2021 $15,494 $171,567 $31,031 $140,536
2020 $15,001 $167,350 $30,268 $137,082
2019 $14,575 $162,491 $29,389 $133,102
2018 $15,110 $170,234 $39,825 $130,409
2017 $14,953 $165,356 $38,684 $126,672
2016 $14,848 $157,994 $36,962 $121,032
2015 $15,704 $161,916 $35,265 $126,651
2014 $13,258 $138,592 $49,145 $89,447
2012 $14,268 $157,922 $49,521 $108,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08153526

Midwest Real Estate Data (MRED)

APN: 07-10-104-010