NOT LISTED FOR SALE

648 Chip Ct Unit U262 Gurnee, IL 60031

Estimated Value: $159,000 - $166,000

1 Bed
1.5 Baths
956 Sq Ft
$170/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $110,000 $115 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,493/month

20 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Vaulted Ceiling
  • Woodland Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of July 2021

Fantastic unit with outstanding location. The kitchen features stainless appliances, granite counter-top, updated lighting, breakfast bar, and hardwood flooring. Great room with vaulted ceiling and wood-burning fireplace. First floor powder room with granite vanity and hardwood floors. The master bedroom is situated on the second level with a walk in closet. Even the master bath has been updated with newer vanity, flooring, and sliding glass doors to your own balcony. Relax on the deck with views of the two ponds. The neighborhood also features an outdoor pool for you to enjoy.

Last Agent to Sell the Property

Ronna Streiff

Baird & Warner License #475144930 Listed on: 06/01/2021

Baird & Warner

Last Buyer's Agent

Joanna Elrod

Keller Williams North Shore West License #475172583

Keller Williams North Shore West

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,642

Year Built

  • Built in 1976 | Remodeled in 2015

Lot Details

  • Waterfront

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 956 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Deck

Schools

  • Woodland Elementary School
  • Woodland Middle School
  • Warren Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include insurance, pool, lawn care, scavenger, snow removal
  • 4 Units
  • Management Association, Phone Number (847) 816-9300
  • Heather Ridge Subdivision
  • Property managed by Heather Ridge Umbrella Association

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,642

Year Built

Built in 1976 | Remodeled in 2015

Lot Details

0

HOA Fees

$335 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Heather Ridge
  • Year Built: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2015
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, 2nd Floor Laundry
  • LivingArea: 956
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: East
  • ExteriorFeatures: Balcony, Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 127500
  • Lot Features: Common Grounds
  • Waterfront: Yes
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 335
  • Association Amenities: Golf Course, Park, Pool, Tennis Court/s
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Heather Ridge Umbrella Association
  • Management Contact Name: management
  • Management Phone: 847-816-9300

Fee Information

  • Association Fee Includes: Insurance, Pool, Lawn Care, Scavenger, Snow Removal

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 2642.14
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 20, 2021
Sold by
Burby Kyle M
Bought by
Schultz Mikayla
Seller's Agent
Ronna Streiff
Baird & Warner
Buyer's Agent
Joanna Elrod
Keller Williams North Shore West
List Price
$130,000
Sold Price
$110,000
Premium/Discount to List
-$20,000
-15.38%
Current Estimated Value
$162,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,095
Avg. Annual Appreciation
10.84%
Original Mortgage
$88,000
Outstanding Balance
$80,637
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$83,881

Purchase Details

Listed on
Mar 22, 2014
Closed on
Apr 1, 2014
Sold by
Edler George K
Bought by
Burby Kyle M
Seller's Agent
Scott Paul
RE/MAX Suburban
Buyer's Agent
Elizabeth Splitt
Keller Williams Success Realty
List Price
$74,800
Sold Price
$72,400
Premium/Discount to List
-$2,400
-3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$71,088
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1995
Sold by
Larson Charles H and Larson Daniel C
Bought by
Edler George K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
8%
Source: Public Records

Similar Home in Gurnee, IL

  • 1896 Windsor Ct, Gurnee, IL 60031

    $160,000

    • 3 Beds
    • 1.5 Baths
    • 1,432 Sq Ft
    • 1896 Windsor Ct
    • Gurnee, IL

    Fantastic opportunity to own a townhome in a well kept subivision on a quiet side street. Easily relax in any of the 3 bedrooms located on the 2nd level. Beautiful kitchen with lots cabinet space and counter top space. Ample parking in the 1-car garage, driveway and visitor parking within close walking distance to the home. Cosmetic work needed throughout. Conveniently located near food,

    Derrick Jackson @properties Christie's International Real Estate

    Section Image

Range of Values:

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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
Schultz Mikayla $110,000 Baird & Warner Ttl Svcs Inc
Burby Kyle M $72,500 Ct
Edler George K $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Mikayla $34,000
Open Schultz Mikayla $88,000
Closed Schultz Mikayla $88,000
Previous Owner Burby Kyle M $70,914
Previous Owner Burby Kyle M $71,088
Previous Owner Edler George K $60,000
Previous Owner Edler George K $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2021 07/21/21 Sold $110,000 -15.4% $115 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $130,000 0.0% $136 / Sq Ft
11/01/2018 11/01/18 Rented $1,250 0.0% --
10/24/2018 10/24/18 Under Contract -- -- --
10/13/2018 10/13/18 For Rent $1,250 +4.2% --
07/06/2017 07/06/17 Rented $1,200 0.0% --
06/13/2017 06/13/17 Under Contract -- -- --
06/05/2017 06/05/17 Price Changed $1,200 -4.0% $1 / Sq Ft
05/23/2017 05/23/17 For Rent $1,250 +13.6% --
07/05/2016 07/05/16 Rented $1,100 0.0% --
06/03/2016 06/03/16 Under Contract -- -- --
06/01/2016 06/01/16 For Rent $1,100 0.0% --
05/23/2014 05/23/14 Sold $72,400 -3.2% $76 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
03/22/2014 03/22/14 For Sale $74,800 -- $78 / 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 $3,022 $41,735 $8,185 $33,550
2023 $2,696 $38,747 $7,599 $31,148
2022 $2,696 $33,654 $5,929 $27,725
2021 $2,804 $30,475 $5,369 $25,106
2020 $2,717 $29,726 $5,237 $24,489
2019 $2,642 $28,863 $5,085 $23,778
2018 $1,727 $19,074 $2,240 $16,834
2017 $1,710 $18,528 $2,176 $16,352
2016 $1,702 $17,703 $2,079 $15,624
2015 $1,663 $16,790 $1,972 $14,818
2014 $1,166 $17,810 $1,945 $15,865
2012 $2,498 $17,947 $1,960 $15,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11106895

Midwest Real Estate Data (MRED)

APN: 07-28-202-058