NOT LISTED FOR SALE

704 Colby Ct Unit U74 Gurnee, IL 60031

Estimated Value: $198,000 - $212,000

3 Beds
2 Baths
1,162 Sq Ft
$177/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $150,000 $129 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,878/month

3 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Woodland Elementary School Rated A-
  • Wood Flooring
  • Tennis Courts

About This Home

As of September 2022

Amazing price for the work needed in this upgraded expanded Linden model townhome in highly desirable Heather Ridge subdivision! The expanded Linden model features a tandem bedroom off the master loft bedroom, 2 full baths and it comes with hardwood flooring, gas furnace and new A/C (2021). The main floor bathroom was updated (2021). Newer stove & Dishwasher (2021). Spacious 2-story living room with fireplace. Unit has a one car detached garage. Complex features on-site security, golf course, swimming pool, clubhouse, & much more! No leasing restrictions, call Association for more details. Close to schools, Gurnee Mills, Great America, shopping, dining and everything Lake County has to offer. There are many cosmetic projects to be found here but the sweet equity will be worth it!

Last Agent to Sell the Property

Nelida Daily

iFind Properties LLC License #471020087 Listed on: 07/30/2022

Last Buyer's Agent

David Moreno

Redfin Corporation License #475195355

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,031

Year Built

  • Built in 1976

Lot Details

  • 871

HOA Fees

  • $382 Monthly HOA Fees

Parking

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

Home Design

  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,162 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Loft with Fireplace
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Office Association, Phone Number (847) 816-9300
  • Expanded Linden
  • Property managed by AFV Management, Inc.

Recreation

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

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,031

Year Built

Built in 1976

Lot Details

0

HOA Fees

$382 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • 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): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 1162
  • Other Equipment: Sump Pump
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Loft
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 155000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 382
  • Association Amenities: Exercise Room, Golf Course, On Site Manager/Engineer, Park, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: AFV Management, Inc.
  • Management Contact Name: Office
  • Management Phone: 847-816-9300
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, 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

  • Lot Dimensions: 0
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3030.76
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Aug 31, 2022
Sold by
Karen J Paddock Living Trust
Bought by
Vasavda Malay
Seller's Agent
Nelida Daily
iFind Properties LLC
Buyer's Agent
David Moreno
Redfin Corporation
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Current Estimated Value
$205,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,996
Avg. Annual Appreciation
10.54%

Purchase Details

Closed on
Oct 16, 2003
Sold by
Paddock Karen J
Bought by
Paddock Karen J and Karen J Paddock Living Trust

Purchase Details

Closed on
Aug 9, 2000
Sold by
Callahan John and Callahan John E
Bought by
Paddock Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,900
Interest Rate
8.14%

Purchase Details

Closed on
Jul 29, 1999
Sold by
Castillo Carol E and Castillo Carol C
Bought by
Callahan John and Callahan John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.93%

Purchase Details

Closed on
Dec 11, 1995
Sold by
Brown Durk L and Brown Sharon M
Bought by
Castillo Carol E and Castillo Carol C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,479
Interest Rate
7.43%

Purchase Details

Closed on
Mar 3, 1995
Sold by
Henricksen Bruce H and Henricksen Lisa K
Bought by
Brown Durk L and Brown Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
9.12%
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
Vasavda Malay $150,000 Chicago Title
Paddock Karen J -- --
Paddock Karen J $109,000 --
Callahan John $96,000 --
Castillo Carol E $84,000 --
Brown Durk L $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasavda Malay $140,008
Previous Owner Paddock Karen J $110,753
Previous Owner Paddock Karen J $135,000
Previous Owner Paddock Karen J $104,651
Previous Owner Paddock Karen J $82,547
Previous Owner Paddock Karen J $68,900
Previous Owner Callahan John $85,000
Previous Owner Castillo Carol E $72,479
Previous Owner Brown Durk L $81,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $150,000 -3.2% $129 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/30/2022 07/30/22 For Sale $155,000 -- $133 / 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 $4,413 $56,983 $8,185 $48,798
2023 $4,413 $52,904 $7,599 $45,305
2022 $3,736 $44,333 $5,929 $38,404
2021 $3,141 $40,146 $5,369 $34,777
2020 $3,031 $39,159 $5,237 $33,922
2019 $2,939 $38,022 $5,085 $32,937
2018 $2,434 $32,973 $2,676 $30,297
2017 $2,403 $32,028 $2,599 $29,429
2016 $2,365 $30,602 $2,483 $28,119
2015 $2,281 $29,023 $2,355 $26,668
2014 $2,118 $27,502 $2,323 $25,179
2012 $3,075 $27,713 $2,341 $25,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11478947

Midwest Real Estate Data (MRED)

APN: 07-28-402-074