NOT LISTED FOR SALE

7441 Cascade Way Gurnee, IL 60031

Estimated Value: $651,243 - $680,000

4 Beds
3.5 Baths
4,238 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $640,000 $151 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,979/month

1 Day on Market

Highlights

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

About This Home

As of June 2024

Introducing a captivating opportunity in the highly sought-after Timberwoods neighborhood-an extraordinary home that promises to captivate both hearts and imaginations. Tucked away in this prestigious community, this exceptional residence epitomizes the essence of upscale living. Featuring four generously-sized bedrooms and three and a half bathrooms, including a fully finished basement, this home radiates both opulence and comfort. Step into the remarkable Maple Model, where elegance seamlessly intertwines with functionality. Upon entry, a sense of serenity and warmth envelops you. The thoughtfully crafted layout offers an impeccable fusion of expansive areas and cozy nooks, catering effortlessly to intimate gatherings and grand festivities alike. Throughout the home, rich hardwood floors complement an abundance of natural light, creating an inviting ambiance. The spacious living room and adjacent formal dining area set the stage for seamless entertaining. A main level den/office offers versatility, ideal for remote work or use as an additional bedroom. The gourmet kitchen is a culinary haven, featuring ample cabinets, granite countertops, a large center island, and stainless steel appliances, all complemented by a comfortable dining space. The family room, adorned with a floor-to-ceiling fireplace, provides ample room for relaxation and bonding. Upstairs, the Primary Suite awaits, boasting a cozy fireplace, his and her walk-in closets, and a luxurious en suite bathroom complete with dual vanities, a soaking tub, and a standalone shower. Three additional spacious bedrooms, a full bath, PLUS a tech area complete the upper level. Upstairs offers NEW carpet throughout! The fantastic finished basement was done in 2017 is an entertainer's dream! Featuring a stunning wet bar with granite countertops, fridge, sink, and dishwasher, along with ample space and a full bathroom. Outside, the meticulously landscaped yard offers an idyllic setting for enjoying nature or hosting gatherings under the stars. Ideally situated close to both Ravinia and Timberwoods Park, this home presents an unparalleled opportunity to embrace luxury living in Timberwoods. Don't miss your chance to make this exquisite residence your own and embark on a new chapter of refined living.

Last Agent to Sell the Property

Lisa Wolf

Keller Williams North Shore West License #471008702 Listed on: 03/14/2024

Keller Williams North Shore West

Last Buyer's Agent

Sara Poss

@properties Christie's International Real Estate License #475169461

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,982

Year Built

  • Built in 1997

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80 x 140
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Wooded Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,238 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Game Room
  • Play Room
  • Carbon Monoxide Detectors
  • Laundry in unit

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Finished Basement

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

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

  • Timberwoods Subdivision, Maple Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,982

Year Built

Built in 1997

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Timberwoods
  • Year Built: 1997
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • 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, Bar Fridge, Disposal
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet
  • LivingArea: 4238
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Foyer, Den, Recreation Room, Game Room, Play Room, Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 615000
  • Lot Features: Fenced Yard, Landscaped, Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 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, Zoned
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 185
  • Association Fee Frequency: Annually
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

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

  • Additional Parcels: No
  • Lot Size Acres: 0.26
  • Lot Dimensions: 80 X 140
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 12982
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Jun 7, 2024
Sold by
Boller Matthew
Bought by
Planet Friendship Revocable Living Trust
Seller's Agent
Lisa Wolf
Keller Williams North Shore West
Buyer's Agent
Sara Poss
@properties Christie's International Real Estate
List Price
$615,000
Sold Price
$640,000
Premium/Discount to List
$25,000
4.07%
Views
38
Current Estimated Value
$661,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,561
Avg. Annual Appreciation
3.84%

Purchase Details

Listed on
Mar 14, 2024
Closed on
May 18, 2024
Sold by
Mundt Kieran J and Skarbek Mundt Briana
Bought by
Boller Matthew
Seller's Agent
Lisa Wolf
Keller Williams North Shore West
Buyer's Agent
Sara Poss
@properties Christie's International Real Estate
List Price
$615,000
Sold Price
$640,000
Premium/Discount to List
$25,000
4.07%
Views
38

Purchase Details

Closed on
Jul 21, 2008
Sold by
Kolaczewki Richard J and Kolaczewski Kathleen M
Bought by
Mundt Kieran J and Mundt Briana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 1998
Sold by
The Northern Trust Company
Bought by
Kolaczewski Richard J and Kolaczewski Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.27%
Mortgage Type
Balloon
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
Planet Friendship Revocable Living Trust -- None Listed On Document
Boller Matthew $640,000 None Listed On Document
Mundt Kieran J $493,500 First American Title
Kolaczewski Richard J $381,500 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mundt Kieran J $246,500
Previous Owner Mundt Kieran J $246,500
Previous Owner Mundt Kieran J $252,295
Previous Owner Mundt Kieran J $252,000
Previous Owner Mundt Kieran J $253,000
Previous Owner Kolaczewski Richard J $165,000
Previous Owner Kolaczewski Richard J $270,000
Previous Owner Kolaczewski Richard J $274,000
Previous Owner Kolaczewski Richard J $100,000
Previous Owner Kolaczewski Richard J $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $640,000 +4.1% $151 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $615,000 -- $145 / 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 $15,722 $180,936 $26,144 $154,792
2023 $14,355 $167,985 $24,273 $143,712
2022 $14,355 $153,268 $24,280 $128,988
2021 $12,982 $147,119 $23,306 $123,813
2020 $12,568 $143,503 $22,733 $120,770
2019 $12,213 $139,337 $22,073 $117,264
2018 $13,600 $156,287 $25,929 $130,358
2017 $13,459 $151,809 $25,186 $126,623
2016 $13,366 $145,050 $24,065 $120,985
2015 $13,033 $137,566 $22,823 $114,743
2014 $12,281 $132,297 $22,530 $109,767
2012 $11,632 $133,311 $22,703 $110,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11991488

Midwest Real Estate Data (MRED)

APN: 07-19-211-002