$49,900
SOLD NOV 16, 2012

701 Colby Ct Unit U80 Gurnee, IL 60031

1 Bed
1 Bath
782 Sq Ft
$281/mo HOA Fee

Recently Sold

$64 Per Sq Ft

27% Below List Price

53 Days on Market

Highlights

  • Landscaped Professionally
  • Main Floor Bedroom
  • Corner Lot
  • Woodland Elementary School Rated A-
  • End Unit
  • Detached Garage

About This Home

As of April 2025

Beautiful ranch townhome in Heather Ridge. 2012 upgrades include new carpet, window blinds, refrigerator, dishwasher, venthood, & microwave. Ceramic tile installed in 2010. Home includes patio with private view, fireplace, in-unit laundry and gas heat. Community has private security community, pool, clubhouse and reduced rates for golf.

Last Agent to Sell the Property

Jackson Sanderson

Berkshire Hathaway HomeServices Chicago License #471016762 Listed on: 07/15/2012

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Jackson Sanderson

Berkshire Hathaway HomeServices Chicago License #471016762 Listed on: 07/15/2012

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,824

Year Built

  • 1976

Lot Details

  • End Unit
  • East or West Exposure
  • Landscaped Professionally

HOA Fees

  • $281 per month

Parking

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

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Main Floor Bedroom
  • Wood Burning Fireplace
  • Attached Fireplace Door

Kitchen

  • Breakfast Bar
  • Oven or Range

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,824

Year Built

1976

Lot Details

0

HOA Fees

$281 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Type Attached: Ground Level Ranch
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1976

Interior Features

  • Interior Property Features: 1st Floor Bedroom, Laundry Hook-Up in Unit
  • Number Of Rooms: 3
  • Living Room: Dimensions: 27X14, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Equipment: TV-Cable, TV Antenna, Ceiling Fan
  • Fireplace Details: Wood Burning, Attached Fireplace Doors/Screen
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 782
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Cedar, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens, End Unit
  • Exposure: W (West)

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Golf Course, On Site Manager/Engineer, Party Room, Pool-Outdoors, Tennis Court/s, Sauna
  • Assessment/Association Fees: 281
  • Assessment Includes: Water, Parking, Common Insurance, Security, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Management Company: LEIBERMAN

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: COMMON AREA
  • Lot Description: Corner, Landscaped Professionally

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
Mar 29, 2025
Sold by
Brown Christine
Bought by
Mehta Kimberly
Seller's Agent
Misael Chacon
Beycome brokerage realty LLC
Buyer's Agent
Sarah Hickman-Elliott
RE/MAX Plaza
List Price
$175,000
Sold Price
$172,500
Premium/Discount to List
-$2,500
-1.43%
Total Days on Market
53
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.15%

Purchase Details

Closed on
Jun 26, 2024
Sold by
Kohli Amit S
Bought by
Brown Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,050
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2016
Sold by
Buschick Donna and Brock Jacqueline
Bought by
Kohli Amit S and Power Rebecca L

Purchase Details

Listed on
Jul 15, 2012
Closed on
Nov 16, 2012
Sold by
Beake Charles F and Beake Lisa M
Bought by
Hebior Loretta Marie
Seller's Agent
Jackson Sanderson
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Jackson Sanderson
Berkshire Hathaway HomeServices Chicago
List Price
$67,900
Sold Price
$49,900
Premium/Discount to List
-$18,000
-26.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%

Purchase Details

Closed on
Nov 9, 2011
Sold by
Beake Charles F and Beake Lisa M
Bought by
Beake Charles F and Beake Lisa M

Purchase Details

Closed on
Apr 14, 1998
Sold by
Wilson Christi E and Hoskins Christi E
Bought by
Beake Charles F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,875
Interest Rate
7.25%

Purchase Details

Closed on
Jan 31, 1997
Sold by
Hunter Wayne M and Hunter Wayne
Bought by
Wilson Christi E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,200
Interest Rate
7.73%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $172,500 Chicago Title
Warranty Deed $165,000 Ata Gmt Title
Quit Claim Deed -- Ata Gmt Title
Warranty Deed $71,000 First American Title Ins Co
Warranty Deed $49,900 First American Title
Interfamily Deed Transfer -- None Available
Warranty Deed $72,500 Chicago Title Insurance Co
Warranty Deed $65,500 Burnet Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $160,050 New Conventional
Previous Owner $78,725 New Conventional
Previous Owner $84,600 Unknown
Previous Owner $79,222 Fannie Mae Freddie Mac
Previous Owner $10,000 Credit Line Revolving
Previous Owner $67,300 Unknown
Previous Owner $68,875 No Value Available
Previous Owner $62,200 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Sold $172,500 -1.4% $221 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $175,000 +250.7% $224 / Sq Ft
11/16/2012 11/16/12 Sold $49,900 -26.5% $64 / Sq Ft
09/06/2012 09/06/12 Pending -- -- --
07/15/2012 07/15/12 For Sale $67,900 -- $87 / 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 $3,824 $41,912 $8,185 $33,727
2023 $3,824 $38,912 $7,599 $31,313
2022 $3,134 $32,149 $6,377 $25,772
2021 $2,490 $27,069 $5,369 $21,700
2020 $2,413 $26,404 $5,237 $21,167
2019 $2,347 $25,637 $5,085 $20,552
2018 $1,728 $18,905 $2,649 $16,256
2017 $1,695 $18,363 $2,573 $15,790
2016 $1,110 $17,545 $2,458 $15,087
2015 $1,054 $16,640 $2,331 $14,309
2014 $994 $16,068 $2,300 $13,768
2012 $2,154 $16,191 $2,318 $13,873
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08114865

Midwest Real Estate Data (MRED)

APN: 07-28-203-003