NOT LISTED FOR SALE

711 Penny Ln Gurnee, IL 60031

Estimated Value: $556,000 - $645,000

5 Beds
3 Baths
2,896 Sq Ft
$201/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2021

Last sale price $415,100 $143 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,246 / mo

3 Days on Market

Highlights

  • Deck
  • Property is near park
  • Recreation Room
  • Woodland Elementary School Rated A-
  • Pond
  • 1-minute walk to Timberwoods Park

About This Home

As of April 2021

This beautifully updated 5 bedroom 2.5 Birch model home with finished basement in Timberwoods subdivision features a large deck that backs to park. Enjoy gorgeous views of open space and nearby pond! Premium brick front elevation. Roof, siding, & gutters replaced 2015. Exterior painted in 2018. New Samsung washer & dryer. Updated master bath faucets, sink, & shower. 5th bedroom on first floor currently used as an office. Kitchen features stainless appliances, plenty of cabinet space, and Corian countertops. Generous master suite has vaulted ceiling, walk-in closet and master bath with dual vanities, deluxe tub, & separate shower. Family room includes beautiful fireplace with gas log & glass doors. Finished basement includes large rec room plus exercise area and a separate work/craft room. Pool table, dart board, TV in exercise area, and basement refrigerator are included. Security system. This home is the perfect combination of an attractive thoughtfully designed and well-maintained home that presides over a gorgeous location. See it today!

Last Agent to Sell the Property

Scott Paul

RE/MAX Suburban License #475099693 Listed on: 03/05/2021

RE/MAX Suburban

Last Buyer's Agent

Ghita Mueller

Compass License #475113280

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1998

Lot Details

  • 10,019

HOA Fees

  • $23 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom Bathtub Only
  • Vaulted Ceiling
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Dining Area
  • Workroom
  • Recreation Room
  • Home Gym
  • Kitchen Island
  • Wood Flooring
  • Finished Basement
  • Partial Basement

Outdoor Features

  • Pond
  • Deck

Location

  • Property is near park

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1998

Lot Details

10,019 Sq Ft Lot

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1998
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors
  • Number Of Rooms: 13
  • Living Room: Dimensions: 14X16, On Level: Main Level, Flooring: Carpet
  • Equipment: Humidifier, Security System, CO Detectors, Ceiling Fan, Sump Pump, Backup Sump Pump;
  • Fireplace Details: Attached Fireplace Doors/Screen, Gas Logs
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Finished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: A,DOUB,TUBS
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 7X8, On Level: Main Level, Flooring: Hardwood
  • Dining Room: Dimensions: 12X15, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island
  • Additional Rooms: Eating Area, Workroom, Exercise Room, Recreation Room, 5th Bedroom
  • Master Bedroom: Dimensions: 16X17, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Eating Area, Dimensions: 10X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Work Rm, Dimensions: 12X12, On Level: Basement
  • Bedroom 2: Dimensions: 12X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Exercise Rm, Dimensions: 12X13, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Recreation Rm, Dimensions: 21X28, On Level: Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: 5th Bdrm, Dimensions: 11X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 2896
  • Dining Room Type: Separate
  • Family Room: Dimensions: 14X21, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.23

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessed Sq Ft: 2896
  • Assessment Association Fees: 270

Schools

  • Junior High Dist: 50

Lot Info

  • Lot Dimensions: 80X125
  • Lot Description: Park Adjacent, Pond
  • Parcel Identification Number: 07192090060000

Tax Info

  • Taxes: 9132.22

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 28, 2021
Sold by
Bought by
Seller's Agent
Scott Paul
RE/MAX Suburban
Buyer's Agent
Ghita Mueller
Compass
List Price
$409,900
Sold Price
$415,100
Premium/Discount to List
$5,200
1.27%
Current Estimated Value
$582,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,225
Avg. Annual Appreciation
6.79%
Original Mortgage
$332,000
Outstanding Balance
$295,705
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$286,620

Purchase Details

Closed on
May 5, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.32%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$415,500 North American Title
$310,500 1St American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $332,000
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/28/2021 04/28/21 Sold $415,100 +1.3% $143 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $409,900 -- $142 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $13,169 $166,504 $25,757 $140,747
2024 $12,854 $149,501 $23,127 $126,374
2023 $11,648 $138,800 $21,472 $117,328
2022 $11,648 $125,503 $21,478 $104,025
2021 $10,070 $120,467 $20,616 $99,851
2020 $9,412 $113,925 $20,109 $93,816
2019 $9,132 $110,617 $19,525 $91,092
2018 $10,039 $120,798 $22,936 $97,862
2017 $9,816 $117,337 $22,279 $95,058
2016 $9,719 $112,113 $21,287 $90,826
2015 $9,443 $106,329 $20,189 $86,140
2014 $9,815 $105,790 $19,930 $85,860
2012 $9,298 $106,601 $20,083 $86,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11012444

Midwest Real Estate Data (MRED)

APN: 07-19-209-006

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