NOT LISTED FOR SALE

5848 Hancock Ln Gurnee, IL 60031

Estimated Value: $340,000 - $390,000

3 Beds
2 Baths
1,494 Sq Ft
$238/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $286,000 $191 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,714/month

Highlights

  • Deck
  • Property is near a park
  • Wood Flooring
  • Woodland Elementary School Rated A-
  • Ranch Style House
  • 2-minute walk to Westgate Park

About This Home

As of July 2022

Single level well maintained 3 bed, 2 bath in the desirable community of Westgate Ranch in Gurnee. Possible 4th bedroom in partially finished basement with huge walk-in closet. DR/LV Combo. Eat-in Kitchen with wood cabinets, double sink and newer appliances. Bonus room off patio doors to backyard and finished wood deck great for entertaining. Top-rated schools. Seconds from your local park and minutes from the tollway, shopping, dining, and Six-Flags. No HOA. Being sold as-is. Priced to sell. Vacant. Easy to show.

Last Agent to Sell the Property

Jill Dana

Village Realty, Inc. License #475165054 Listed on: 06/10/2022

Village Realty, Inc.

Last Buyer's Agent

Maria Villarreal

Freedom Realty License #475161617

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,581

Year Built

  • Built in 1988

Lot Details

  • Lot Dimensions are 120x75
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,494 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Open Floorplan
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Warren Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • Deck
  • Property is near a park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,581

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1988
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, Some Carpeting, Some Wood Floors, Dining Combo, Some Wall-To-Wall Cp
  • LivingArea: 1494
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1494
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Basement Sq Ft: 1494
  • Fireplace Location: Family Room
  • Total Sq Ft: 1494

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 279000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 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
  • Heating: Electric, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Warren Township High School
  • Middle/Junior School District: 50

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 120X75
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6580.64
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 12, 2022
Sold by
Lynne Presti Jessica
Bought by
Nadulek Randi
Seller's Agent
Jill Dana
Village Realty, Inc.
Buyer's Agent
Maria Villarreal
Freedom Realty
List Price
$279,000
Sold Price
$286,000
Premium/Discount to List
$7,000
2.51%
Total Days on Market
0
Current Estimated Value
$355,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,079
Avg. Annual Appreciation
7.55%
Original Mortgage
$280,819
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2012
Sold by
Presti Cathy M
Bought by
Presti Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.38%
Mortgage Type
New Conventional
Source: Public Records

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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
Nadulek Randi $286,000 Sutton Law Llc
Presti Michael P -- Citywide Title Corportion
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nadulek Randi $280,819
Previous Owner Presti Michael $120,000
Previous Owner Presti Michael P $100,000
Previous Owner Presti Michael P $92,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $286,000 +2.5% $191 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $279,000 -- $187 / 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 $8,721 $102,685 $15,366 $87,319
2023 $7,530 $95,335 $14,266 $81,069
2022 $7,530 $82,006 $14,482 $67,524
2021 $6,805 $78,716 $13,901 $64,815
2020 $6,581 $76,781 $13,559 $63,222
2019 $6,389 $74,552 $13,165 $61,387
2018 $6,293 $74,452 $12,067 $62,385
2017 $6,223 $72,318 $11,721 $60,597
2016 $6,164 $69,098 $11,199 $57,899
2015 $5,996 $65,533 $10,621 $54,912
2014 $5,259 $58,562 $10,475 $48,087
2012 $4,991 $59,010 $10,555 $48,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11428753

Midwest Real Estate Data (MRED)

APN: 07-09-407-010