7441 Cascade Way Gurnee, IL 60031
4
Beds
3.5
Baths
4,238
Sq Ft
0.26
Acres
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 2024Introducing 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.
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
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%
Total Days on Market
1
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,938
Avg. Annual Appreciation
1.50%
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
Map
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $640,000 | None Listed On Document | |
| Warranty Deed | $493,500 | First American Title | |
| Trustee Deed | $381,500 | 1St American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $246,500 | New Conventional | |
| Previous Owner | $246,500 | New Conventional | |
| Previous Owner | $252,295 | New Conventional | |
| Previous Owner | $252,000 | Unknown | |
| Previous Owner | $253,000 | Purchase Money Mortgage | |
| Previous Owner | $165,000 | Credit Line Revolving | |
| Previous Owner | $270,000 | Unknown | |
| Previous Owner | $274,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $340,000 | Balloon |
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
| 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 |
|---|---|---|---|---|
| 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
Source: Midwest Real Estate Data (MRED)
MLS Number: 11991488
APN: 07-19-211-002
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