NOT LISTED FOR SALE

5572 Chancery Rd Gurnee, IL 60031

Estimated Value: $775,363 - $884,000

5 Beds
5 Baths
5,783 Sq Ft
$141/Sq Ft Est. Value

Last Sold January 17, 2018

Last sale price $605,000 $105 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,206/month

114 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Vaulted Ceiling
  • Woodland Elementary School Rated A-
  • Recreation Room
  • Wood Flooring

About This Home

As of January 2018

Grand 5 bedroom, 4 1/2 bath brick front two-story in prestigious Estates at Churchill Hunt! Fabulous two-story foyer with bridal staircase. ...hardwood floors...Truly awesome granite kitchen with cabinets galore. Two-story family room with fireplace. First floor office. Spectacular master bedroom suite with luxury bath, 4 walk-in closets, sitting area and adjoining office. Loads of new carpeting. Full, finished basement with full bath, rec room, 5th bedroom and exercise room. Huge newly remodeled laundry. Tons of storage & closet space. Big Trex deck...oversized 3+ car garage. Incredible interior location on 1+ acre. This one is truly special!

Last Agent to Sell the Property

Kathy Regel

Baird & Warner License #475131077 Listed on: 07/21/2017

Baird & Warner

Last Buyer's Agent

Laura Reilly

Baird & Warner License #475131527

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,589

Year Built

  • 2005

Lot Details

  • 1.06

HOA Fees

  • $80 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Dining Area
  • Home Office
  • Recreation Room
  • Utility Room with Study Area
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Additional Features

  • Deck
  • Landscaped Professionally

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,589

Year Built

2005

Lot Details

0

HOA Fees

$80 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Interstate Access
  • Age: 11-15 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Total Sq Ft: 4166
  • Type Detached: 2 Stories
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 14
  • Living Room: Dimensions: 17X14, On Level: Main Level, Flooring: Carpet
  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Oven/Built-in
  • Equipment: Humidifier, Security System, Fire Sprinklers, Ceiling Fan, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 12X8, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Walk-in
  • Additional Rooms: Eating Area, Office, Pantry, 5th Bedroom, Recreation Room, Exercise Room, Foyer, Study
  • Master Bedroom: Dimensions: 26X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Eating Area, Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Office, Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Pantry, Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: 5th Bdrm, Dimensions: 19X11, On Level: Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Recreation Rm, Dimensions: 31X27, On Level: Basement, Flooring: Carpet
  • Additional Room 6 Name: Exercise Rm, Dimensions: 13X12, On Level: Basement, Flooring: Carpet
  • Additional Room 7 Name: Foyer, Dimensions: 11X15, On Level: Main Level, Flooring: Hardwood
  • Additional Room 8 Name: Study, Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 5783
  • Estimated Total Finished Sq Ft: 5783
  • Basement Finished Sq Ft: 1617
  • Main Level Sq Ft: 4166
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X20, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 1.06

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air, Zoned
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems, Zoned

Condo/Co-op/Association

  • Fee Frequency: Quarterly
  • Assessment Association Fees: 240

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: 306X43X103X234X159X61
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 07101040050000

Tax Info

  • Taxes: 17715.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Jan 9, 2018
Sold by
Backe David L and Backe Jean M
Bought by
Wagner David S and Wagner Laura M
Seller's Agent
Kathy Regel
Baird & Warner
Buyer's Agent
Laura Reilly
Baird & Warner
List Price
$625,000
Sold Price
$605,000
Premium/Discount to List
-$20,000
-3.2%
Current Estimated Value
$816,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,091
Avg. Annual Appreciation
3.96%
Original Mortgage
$453,100
Outstanding Balance
$374,050
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$442,041

Purchase Details

Closed on
Mar 11, 2016
Sold by
Borozan Jean and Jean Borozan Living Trust
Bought by
David L Backe & Jean M Backe Living Trus

Purchase Details

Closed on
Aug 26, 2005
Sold by
Toll Il Iii Lp
Bought by
Borozan Jean and Backe David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Wagner David S $605,000 Attorneys Title Guaranty Fu
David L Backe & Jean M Backe Living Trus -- Attorney
Borozan Jean $703,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner David S $453,100
Previous Owner Borozan Jean $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2018 01/17/18 Sold $605,000 -3.2% $105 / Sq Ft
11/12/2017 11/12/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $625,000 -- $108 / 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 $21,589 $232,869 $33,385 $199,484
2023 $21,129 $216,200 $30,995 $185,205
2022 $21,129 $213,277 $34,670 $178,607
2021 $19,157 $204,720 $33,279 $171,441
2020 $18,565 $199,688 $32,461 $167,227
2019 $18,049 $193,891 $31,519 $162,372
2018 $9,224 $201,861 $42,576 $159,285
2017 $17,836 $196,077 $41,356 $154,721
2016 $17,715 $187,347 $39,515 $147,832
2015 $18,774 $192,397 $37,701 $154,696
2014 $18,117 $187,198 $55,617 $131,581
2012 $17,149 $188,632 $56,043 $132,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09697163

Midwest Real Estate Data (MRED)

APN: 07-10-104-005