$160,000
SOLD JAN 21, 2025

7047 S Stratton Ln Gurnee, IL 60031

2 Beds
1 Bath
1,002 Sq Ft
$215/mo HOA Fee

Recently Sold

$160 Per Sq Ft

24% Below List Price

86 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Woodland Elementary School Rated A-
  • Balcony
  • Laundry Room

About This Home

As of March 2025

Handyman special! Home needs TLC but great value. Lots of potential. Stonebrook Villas is near shopping, restaurants, Gurnee Aquatic Center and tollway!

Last Agent to Sell the Property

Dana Carris

@properties Christie's International Real Estate License #475122308 Listed on: 08/28/2024

@properties Christie's International Real Estate

Co-Listed By

Tom Carris

@properties Christie's International Real Estate License #475098656

Last Buyer's Agent

Dana Carris

@properties Christie's International Real Estate License #475122308 Listed on: 08/28/2024

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,574

Year Built

  • Built in 1994

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,002 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Family Room
  • Combination Dining and Living Room
  • Range<<rangeHoodToken>>

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • Landscaped Professionally

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Villas Of Stonebrook HOA, Phone Number (847) 815-4451
  • Property managed by Carlynn Management

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,574

Year Built

Built in 1994

Lot Details

0

HOA Fees

$215 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1994
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Laundry Hook-Up in Unit
  • LivingArea: 1002
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 199900
  • Lot Features: Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 215
  • Association Amenities: None
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Carlynn Management
  • Management Contact Name: Villas of Stonebrook HOA
  • Management Phone: 847-815-4451
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, 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: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 3574
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Mar 3, 2025
Sold by
Carris Thomas
Bought by
Ponce Jared
Seller's Agent
Tom Carris
@properties Christie's International Real Estate
Buyer's Agent
Zach Daniels
Westward360 RM
List Price
$219,900
Sold Price
$219,900
Views
56
Current Estimated Value
$214,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,499
Avg. Annual Appreciation
-9.50%
Original Mortgage
$204,900
Outstanding Balance
$204,732
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$8,039

Purchase Details

Listed on
Feb 3, 2025
Closed on
Jan 7, 2025
Sold by
William G Murphey Trust and Murphey William G
Bought by
Carris Thomas
Seller's Agent
Tom Carris
@properties Christie's International Real Estate
Buyer's Agent
Zach Daniels
Westward360 RM
List Price
$219,900
Sold Price
$219,900
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,900
Outstanding Balance
$204,732
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$8,039

Purchase Details

Closed on
Sep 30, 2011
Sold by
Murphey William G
Bought by
Murphey William G and William G Murphey Trust

Purchase Details

Closed on
Nov 30, 2000
Sold by
Walker James A and Walker Diane M
Bought by
Murphey William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,140
Interest Rate
11.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 7, 1998
Sold by
Mill Mira
Bought by
Walker James A and Walker Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.07%

Purchase Details

Closed on
Apr 4, 1995
Sold by
Nbd Bank
Bought by
Mill Mira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,300
Interest Rate
8.55%

Purchase Details

Closed on
Nov 14, 1994
Sold by
Nbd Bank
Bought by
Desai Sunanda S and Long Mildred E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,500
Interest Rate
9.06%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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 $220,000 Chicago Title
Deed $160,000 Chicago Title
Interfamily Deed Transfer -- None Available
Warranty Deed $120,000 First American Title
Warranty Deed $100,000 Chicago Title Insurance Co
Trustee Deed $93,500 Chicago Title Insurance Co
Joint Tenancy Deed $122,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,900 New Conventional
Previous Owner $20,140 Unknown
Previous Owner $95,000 No Value Available
Previous Owner $58,300 No Value Available
Previous Owner $113,500 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $219,900 0.0% $219 / Sq Ft
02/09/2025 02/09/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $219,900 +37.4% $219 / Sq Ft
01/21/2025 01/21/25 Sold $160,000 -20.0% $160 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
11/16/2024 11/16/24 Price Changed $199,900 -4.8% $200 / Sq Ft
11/01/2024 11/01/24 For Sale $210,000 0.0% $210 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $210,000 -- $210 / 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 $3,820 $59,099 $9,558 $49,541
2023 $3,820 $54,869 $8,874 $45,995
2022 $3,574 $47,670 $8,724 $38,946
2021 $3,197 $45,757 $8,374 $37,383
2020 $3,074 $44,632 $8,168 $36,464
2019 $2,973 $43,336 $7,931 $35,405
2018 $2,451 $38,234 $5,755 $32,479
2017 $2,413 $37,138 $5,590 $31,548
2016 $2,353 $35,484 $5,341 $30,143
2015 $2,244 $33,653 $5,065 $28,588
2014 $2,502 $31,409 $4,913 $26,496
2012 $3,236 $32,969 $4,951 $28,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12149571

Midwest Real Estate Data (MRED)

APN: 07-17-102-083