NOT LISTED FOR SALE

7429 Cascade Way Gurnee, IL 60031

Estimated Value: $609,936 - $709,000

6 Beds
4 Baths
3,730 Sq Ft
$172/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $599,000 $161 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,722/month

Highlights

  • Landscaped Professionally
  • Mature Trees
  • Property is near a park
  • Woodland Elementary School Rated A-
  • Deck
  • 2-minute walk to Timberwoods Park

About This Home

As of June 2023

WELCOME HOME! You will Truly Appreciate all the UPDATES and VALUE in this 5 Bedroom (upstairs) 6th Bedroom/Office (main floor), 4 FULL bathroom, FINISHED Basement, with 3 Car Garage. This home boasts a main level finished of 3730 sq ft and another 754 sq ft below totaling 4484 sq ft of family living with hours of entertaining in highly desirable Timberwoods Subdivision! This "one-of-a-kind" sprawling main level Open Floor Plan encourages interaction with family or friends from any of the main level rooms. The 2021 refinished HARDWOOD Main floor flows into the 34X17 HUGE Double Size Family Room, Kitchen, Dinning, Office, Laundry & Bathroom. Experience the commanding vaulted ceilings when you first walk in with sky-high level windows which brings maximum lighting into the home. The Gourmet Kitchen hosts an abundant number of custom 42' cabinets, granite ct/backsplash, HUGE Island, double oven, a serving warmer, Built-in wine cooler, Sub-Zero refrigerator, ALL SS Appliances, walk-in pantry, and a central place that is open to all rooms on the first floor. The main floor Office can be used alternatively as a 6th bedroom/mother in-law suite with closet next to a full 2021 remodeled bathroom. Enjoy the wall length built-in custom cabinet in the Family Room to display all your proudest memories! Surround sound speakers are located on both levels! The extra wide stair case leads up to the newly installed carpet and rare 5 full bedrooms, with 2 full remodeled bathrooms! The large Master Suite overlooks the wooded Lot, and recently renovated oversize Spa Bathroom has TWO deep walk-in closets, granite ct, soft close drawers with plenty of storage, swanky oversize custom shower, separate tub! Mosey on down two levels to a world of entertainment with an OVERSIZED finished 26X29 Basement, and a Full Bathroom! Plenty of storage and closets! The 3 car garage has overhead rafters to store all your holiday items. The recently stained 31X16 Deck overlooks your fenced in, professionally landscaped yard with tranquil wooded views to create full privacy at its best! The 162k+ in upgrades since 2015 includes a few of these highlights: (2015) Roof, Siding, Gutters, (2018) TWO Furnaces & A/C with humidifier, (2019) Basement full remodeled, (2019) Sump & Backup, (2021) 70 gallon water heater, (2021) Master Bathroom remodel, (2021) all new carpet on the second level, (2021) ENTIRE MAIN FLOOR Hardwood floors stain, along with NEW wood stairs, (2021) ALL Interior painted, (2021) Microwave & Dishwasher just to name a few. Please see Feature Sheet attached for more detail of dollar value. Close to shops, restaurants, walking paths, adjacent park and schools. You are sure to fall in LOVE with this home and it's convenient location!

Last Agent to Sell the Property

Corey Barker

Keller Williams North Shore West License #475162994 Listed on: 05/03/2023

Keller Williams North Shore West

Last Buyer's Agent

Saadia Saleem

RE/MAX SAWA License #475204343

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,004

Year Built

  • Built in 1998

Lot Details

  • 0.26 Acre Lot
  • Property is adjacent to nature preserve
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $23 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Aluminum Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,730 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Double Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom
  • Crawl Space

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • 200+ Amp Service

Additional Features

  • Deck
  • Property is near a park

Community Details

  • Association fees include insurance
  • Kevin Association
  • Timberwoods Subdivision
  • Property managed by Timberwoods HOA

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,004

Year Built

Built in 1998

Lot Details

0

HOA Fees

$23 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Timberwoods
  • Year Built: 1998
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Other
  • Basement: Full
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Below Grade Finished Sq Ft: 754
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s)
  • LivingArea: 3730
  • Other Equipment: Humidifier, Security System, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;, Radon Mitigation System
  • Room Type: Bedroom 5, Bedroom 6, Recreation Room, Storage, Deck
  • Estimated Total Finished Sq Ft: 4484
  • Basement Description: Finished,Crawl
  • Bathroom Amenities: Separate Shower,Double Sink,Double Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3730
  • Basement Sq Ft: 1326
  • Total Sq Ft: 5056
  • Unfinished Basement Sq Ft: 572
  • Main Level Sq Ft: 3730
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 599000
  • Lot Features: Fenced Yard, Nature Preserve Adjacent, Landscaped, Wooded, Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway
  • ParkingTotal: 4
  • Number of Cars: 7
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls, Zoned
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, Laundry Closet, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 275
  • Association Fee Frequency: Annually
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Timberwoods HOA
  • Management Contact Name: Kevin
  • Management Phone: 111-111-1111X11
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Insurance, Other

Schools

  • Elementary School: Woodland Primary School
  • High School: Warren Township High School
  • Middle/Junior School: Woodland Middle School
  • Middle/Junior School District: 50

Lot Info

  • Lot Size Acres: 0.26
  • Lot Dimensions: 11326
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 12004
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
May 25, 2023
Sold by
Corey R Barker Living Trust
Bought by
Ejaz Syed Nadeem and Mushtaq Nomana
Seller's Agent
Corey Barker
Keller Williams North Shore West
Buyer's Agent
Saadia Saleem
RE/MAX SAWA
List Price
$599,000
Sold Price
$599,000
Views
64
Current Estimated Value
$642,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,234
Avg. Annual Appreciation
4.05%
Original Mortgage
$479,200
Outstanding Balance
$467,875
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$182,464

Purchase Details

Closed on
Jan 13, 2023
Sold by
Barker Corey R
Bought by
Corey R Barker Living Trust

Purchase Details

Closed on
Mar 17, 2010
Sold by
Barker Corey R and Barker Angela D
Bought by
Barker Corey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2003
Sold by
Long Paul R and Long Tracy L
Bought by
Barker Corey A and Barker Angela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 1998
Sold by
The Northern Trust Company
Bought by
Long Paul R and Long Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
7.05%
Source: Public Records

Range of Values:

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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
Ejaz Syed Nadeem $599,000 Citywide Title
Corey R Barker Living Trust -- --
Barker Corey R -- None Available
Barker Corey A $479,000 Chicago Title Insurance Comp
Long Paul R $306,500 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ejaz Syed Nadeem $479,200
Previous Owner Barker Corey R $252,000
Previous Owner Barker Corey R $297,250
Previous Owner Barker Corey R $297,000
Previous Owner Barker Corey R $290,000
Previous Owner Barker Corey R $280,000
Previous Owner Barker Corey R $100,000
Previous Owner Barker Corey A $300,000
Previous Owner Long Paul R $1,178,000
Previous Owner Long Paul R $124,800
Previous Owner Long Paul R $227,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $599,000 0.0% $161 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $599,000 -- $161 / 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 $13,820 $160,086 $26,144 $133,942
2023 $13,275 $148,627 $24,273 $124,354
2022 $13,275 $142,192 $24,280 $117,912
2021 $12,004 $136,487 $23,306 $113,181
2020 $11,620 $133,132 $22,733 $110,399
2019 $11,291 $129,267 $22,073 $107,194
2018 $12,947 $149,076 $25,929 $123,147
2017 $12,813 $144,804 $25,186 $119,618
2016 $12,722 $138,357 $24,065 $114,292
2015 $12,404 $131,218 $22,823 $108,395
2014 $11,396 $121,874 $22,530 $99,344
2012 $10,793 $122,808 $22,703 $100,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11769614

Midwest Real Estate Data (MRED)

APN: 07-19-211-003