NOT LISTED FOR SALE

7123 S Stratton Ln Gurnee, IL 60031

Estimated Value: $265,000 - $299,000

2 Beds
1.5 Baths
1,394 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $239,000 $171 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,138/month

40 Days on Market

Highlights

  • Landscaped Professionally
  • Mature Trees
  • Loft
  • Woodland Elementary School Rated A-
  • Vaulted Ceiling
  • Stainless Steel Appliances

About This Home

As of December 2023

THIS IS THE ONE! This spacious and updated 2 Bed, 1 1/2 Bath 2- Story townhome welcomes you with a fresh, neutral decor, gleaming luxury vinyl tile flooring, a grand Foyer and so much more! The cheerful, Updated Kitchen features stainless steel appliances, quartz countertops, plenty of white cabinets and a spacious pantry closet. The large Family Room with cozy Fireplace is adjacent to the Dining Area and provides the perfect space to entertain family and friends. Sliders open to the spacious Patio that is nestled among mature trees. The main floor is complete with a Renovated 1/2 Bath and a Laundry Room next to the Attached 2-Car Garage. Upstairs, the spacious Primary Bedroom has loads of natural light and plenty of walk-in closet storage. 1 additional bedroom upstairs, a shared beautifully Renovated Full Bathroom and a cozy Loft perfect for an additional seating area or home office space. Recent Updates Include: Freshly Painted Stairway Balusters, New Laundry Cabinets (2023). New Garage Door Opener with Smart Device (2022). Complete Kitchen Remodel, including new refrigerator, new dishwasher, new microwave, new flooring, new quartz countertop, new backsplash, painted cabinets (2021). Updated Living Room Fireplace and Mantel, Freshly Painted throughout, Powder Room Remodel, Full Bath Remodel, New Epoxy Garage Flooring, New Single-Unit Stackable Washer and Dryer, New Lighting, New Window Treatments, New Garage Heater (2021). New Air Conditioner (2020). HOA includes exterior maintenance, snow removal and lawn care. In the heart of a friendly neighborhood with sought after schools. Premium location with nearby restaurants, shopping, parks, entertainment, transportation & everything else Gurnee has to offer!

Last Agent to Sell the Property

Nannette Porter

@properties Christie's International Real Estate License #475174754 Listed on: 09/28/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Gina Kim

Baird & Warner License #475145164

Baird & Warner

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,766

Year Built

  • Built in 1995

Lot Details

  • Landscaped Professionally
  • Mature Trees

HOA Fees

  • $209 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,394 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • Loft
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 6 Units
  • Representative Association, Phone Number (847) 259-1331
  • Villas Of Stonebrook Subdivision
  • Property managed by The Villas of Stonebrook Condominium Association

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,766

Year Built

Built in 1995

Lot Details

0

HOA Fees

$209 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
  • Subdivision Name: Villas of Stonebrook
  • Year Built: 1995
  • Age: 26-30 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: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Wood Laminate Floors, First Floor Laundry, Walk-In Closet(s)
  • LivingArea: 1394
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Loft, Foyer
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1804
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate,L-shaped
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 249900
  • Lot Features: Landscaped, Mature Trees
  • 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),Heated
  • 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
  • Association Fee: 209
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: The Villas of Stonebrook Condominium Association
  • Management Contact Name: Representative
  • Management Phone: 847-259-1331
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, 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: 36
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 4766.46
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Nov 28, 2023
Sold by
Simonsen John and Simonsen Leslie
Bought by
Kang Andrew Myungho
Seller's Agent
Nannette Porter
@properties Christie's International Real Estate
Buyer's Agent
Gina Kim
Baird & Warner
List Price
$249,900
Sold Price
$239,000
Premium/Discount to List
-$10,900
-4.36%
Views
111
Current Estimated Value
$279,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,096
Avg. Annual Appreciation
6.05%
Original Mortgage
$190,000
Outstanding Balance
$187,220
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$78,577

Purchase Details

Closed on
Oct 2, 2014
Sold by
Hunter Ryan
Bought by
Simonsen John and Simonsen Leslie

Purchase Details

Closed on
Nov 9, 2006
Sold by
Hunter Ryan and Hunter Rachel
Bought by
Hunter Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 2005
Sold by
Hunter Ryan
Bought by
Hunter Ryan and Hunter Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 26, 2003
Sold by
Wassermann Mark Richard and Wassermann Johanna T
Bought by
Hunter Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 1996
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Wassermann Mark Richard and Wassermann Johanna T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,447
Interest Rate
8.27%
Mortgage Type
VA
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
Kang Andrew Myungho $239,000 Chicago Title
Simonsen John $125,000 Proper Title Llc
Hunter Ryan -- None Available
Hunter Ryan -- Lawyers Title Ins
Hunter Ryan $168,000 Chicago Title Insurance Comp
Wassermann Mark Richard $130,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kang Andrew Myungho $190,000
Previous Owner Hunter Ryan $152,000
Previous Owner Hunter Ryan $143,000
Previous Owner Hunter Ryan $168,000
Previous Owner Wassermann Mark Richard $132,447
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $239,000 -4.4% $171 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/30/2023 10/30/23 For Sale $249,900 0.0% $179 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
10/10/2023 10/10/23 Price Changed $249,900 -3.5% $179 / Sq Ft
09/28/2023 09/28/23 For Sale $259,000 -- $186 / 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 $5,390 $76,306 $9,558 $66,748
2023 $4,766 $70,844 $8,874 $61,970
2022 $4,766 $59,900 $8,724 $51,176
2021 $4,278 $57,497 $8,374 $49,123
2020 $4,121 $56,084 $8,168 $47,916
2019 $3,991 $54,456 $7,931 $46,525
2018 $3,893 $54,158 $5,755 $48,403
2017 $3,841 $52,606 $5,590 $47,016
2016 $3,774 $50,264 $5,341 $44,923
2015 $3,633 $47,670 $5,065 $42,605
2014 $3,775 $38,402 $4,913 $33,489
2012 $4,204 $40,308 $4,951 $35,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11892825

Midwest Real Estate Data (MRED)

APN: 07-17-111-044