NOT LISTED FOR SALE

7061 S Stratton Ln Gurnee, IL 60031

Estimated Value: $208,000 - $236,000

1 Bed
1 Bath
1,002 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $113,000 $113 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,812/month

98 Days on Market

Highlights

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

About This Home

As of October 2014

Beautiful townhouse blocks away from Gurnee Mills. Currently configured as a 1 bedroom with HUGE living room. Floor plan allows for second bedroom. Have bids and can convert too 2 bedroom by closing. Cathedral ceilings! Large walk in closet. all newer Stainless Steel appliances. Laundry room in home and washer/dryer included. Association allows renting unit out, great for an investor!!!

Last Agent to Sell the Property

Mike Welsch

Better Homes and Garden Real Estate Star Homes License #471020554 Listed on: 06/05/2014

Better Homes and Garden Real Estate Star Homes

Last Buyer's Agent

Benjamin Hickman

RE/MAX Plaza License #475159801

RE/MAX Plaza

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1994

Lot Details

  • 44

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,002 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • Landscaped Professionally

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, snow removal
  • 4 Units
  • N/S Association, Phone Number (847) 459-0000
  • Property managed by Lieberman Management

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,500

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: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Year Built: 1994
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Second Floor Laundry
  • LivingArea: 1002
  • Room Type: Foyer
  • Stories Total: 2
  • Basement Description: None
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 119900
  • Lot Features: Corner Lot, Landscaped
  • Roof: Asphalt
  • 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: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 215
  • Association Amenities: Bike Room/Bike Trails
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Management Company: Lieberman Management
  • Management Contact Name: n/s
  • Management Phone: 847-459-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal, Other

Schools

  • 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: 999

Tax Info

  • Tax Annual Amount: 2499.78
  • Tax Year: 2013

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2014
Closed on
Oct 17, 2014
Sold by
Carr Erin J and Buer Christopher M
Bought by
Normand Joseph D
Seller's Agent
Mike Welsch
Better Homes and Garden Real Estate Star Homes
Buyer's Agent
Benjamin Hickman
RE/MAX Plaza
List Price
$119,900
Sold Price
$113,000
Premium/Discount to List
-$6,900
-5.75%
Current Estimated Value
$221,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,433
Avg. Annual Appreciation
6.40%
Original Mortgage
$90,400
Outstanding Balance
$32,630
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$188,481

Purchase Details

Closed on
Sep 28, 2001
Sold by
Lambert Alan Lee
Bought by
Carr Erin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
6.8%

Purchase Details

Closed on
Mar 3, 1995
Sold by
Nbd Bank
Bought by
Lambert Alan Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,614
Interest Rate
8.91%
Mortgage Type
Assumption

Purchase Details

Closed on
Nov 14, 1994
Sold by
Nbd Bank
Bought by
Waldon Lavita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.91%
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 Buyer Sale Price Title Company
Normand Joseph D $113,000 Citywide Title Corporation
Carr Erin J $118,000 --
Lambert Alan Lee $96,000 Chicago Title Insurance Co
Waldon Lavita M $116,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Normand Joseph D $90,400
Previous Owner Carr Erin J $100,000
Previous Owner Carr Erin J $107,000
Previous Owner Carr Erin J $94,400
Previous Owner Lambert Alan Lee $97,614
Previous Owner Waldon Lavita M $92,000
Closed Carr Erin J $11,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2014 10/17/14 Sold $113,000 -5.8% $113 / Sq Ft
09/09/2014 09/09/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $119,900 -- $120 / 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 $4,606 $59,099 $9,558 $49,541
2023 $4,606 $54,869 $8,874 $45,995
2022 $4,062 $47,677 $8,724 $38,953
2021 $3,658 $45,764 $8,374 $37,390
2020 $3,532 $44,639 $8,168 $36,471
2019 $3,426 $43,343 $7,931 $35,412
2018 $2,911 $38,239 $5,755 $32,484
2017 $2,875 $37,143 $5,590 $31,553
2016 $2,834 $35,489 $5,341 $30,148
2015 $2,740 $33,658 $5,065 $28,593
2014 $2,500 $31,382 $4,913 $26,469
2012 $3,233 $32,941 $4,951 $27,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08635347

Midwest Real Estate Data (MRED)

APN: 07-17-102-077