$336,000
SOLD MAY 23, 2014

7498 Abbey Rd Gurnee, IL 60031

5 Beds
3 Baths
3,132 Sq Ft
0.29 Acres

Recently Sold

$107 Per Sq Ft

9% Below List Price

43 Days on Market

Highlights

  • Property is adjacent to nature preserve
  • Recreation Room
  • Wood Flooring
  • Woodland Elementary School Rated A-
  • Vaulted Ceiling
  • 2-minute walk to Timberwoods Park

About This Home

As of October 2021

PRICE REDUCTION! SUNNY & UPDATED 5/3 W/FRESH PAINT-2012,BACKS TO WOODED AREA.2 STORY FOYER OPENS TO SPACIOUS LIV/DR RM COMBO. HW FLOOR & ARCHITECTURAL DETAILS T-OUT MAIN LEVEL. COMPLETE KIT UPDATE IN 2011 W/EAS,SS APPS & LRG SLIDERS TO CEDAR DECK. 1ST FLR BR, FULL BATH & LAUNDRY.LRG MSTR STE UPDATED-2011 W/SEP SHOWER & DUAL SINKS. 3 MORE BR W/CEILING FANS & SHARED BATH. ALMOST FINISHED BSMT WAITING FOR FINAL TOUCHES

Last Agent to Sell the Property

Jane Lee

RE/MAX Top Performers License #471004433 Listed on: 03/12/2014

Last Buyer's Agent

Nancy Gibour

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,760

Year Built

  • 1996

HOA Fees

  • $21 per month

Parking

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

Home Design

  • Aluminum Siding
  • Vinyl Siding
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Recreation Room
  • Wood Flooring
  • Storm Screens
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Separate Shower

Finished Basement

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

Utilities

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

Additional Features

  • Patio
  • Property is adjacent to nature preserve

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,760

Year Built

1996

Lot Details

0

HOA Fees

$21 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3
  • Type Detached: 2 Stories
  • Estimated Year Built: 1996
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, TV Antenna, Security System, Intercom, Ceiling Fan, Sump Pump
  • Fireplace Details: Attached Fireplace Doors/Screen, Gas Logs, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Recreation Room
  • Master Bedroom: Dimensions: 18X15, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Recreation Rm, Dimensions: 22X16, On Level: Basement, Flooring: Carpet, Windows: None
  • Additional Room 2 Name: 5th Bdrm, Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 4: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 3132
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 20X13, On Level: Main Level, Flooring: Hardwood, Windows: All

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Cedar
  • Exterior Property Features: Patio, Storms/Screens
  • Acreage: 0.29

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • 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
  • Assessment Includes: Common Insurance
  • Assessment Association Fees: 250
  • Management Contact Name: TED MEEHAN
  • Management Phone: 847-543-4802

Fee Information

  • Management Company: KINGSPORT WOODS

Schools

  • School District: 121
  • Elementary School: WOODLAND ELEMENTARY SCHOOL
  • Middle School: WOODLAND MIDDLE SCHOOL
  • High School: WARREN TOWNSHIP HIGH SCHOOL
  • Junior High Dist: 50

Lot Info

  • Lot Dimensions: 37X132X122X129X40
  • Lot Description: Nature Preserve Adjacent
  • Parcel Identification Number: 07192010290000

Tax Info

  • Taxes: 7869.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 12, 2021
Sold by
Tomasiewicz David B and Tomasiewicz Terri Ann
Bought by
Heiser Mark E and Heiser Fides G
Seller's Agent
Nannette Porter
@properties Christie's International Real Estate
Buyer's Agent
Stewart Ramirez
E- Signature Realty
List Price
$515,000
Sold Price
$515,000
Current Estimated Value
$626,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,112
Avg. Annual Appreciation
4.79%
Original Mortgage
$469,989
Outstanding Balance
$429,042
Interest Rate
2.25%
Mortgage Type
VA
Estimated Equity
$185,682

Purchase Details

Closed on
Aug 9, 2021
Sold by
Simonsen John P and Simonsen Leslie G
Bought by
Tomasiewicz David B and Tomasiewicz Terri Ann

Purchase Details

Listed on
Mar 12, 2014
Closed on
May 23, 2014
Sold by
Mcbride Christopher and Mcbride Manisa
Bought by
Simonsen John P and Simonsen Leslie G
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Nancy Gibour
Century 21 Affiliated
List Price
$370,000
Sold Price
$336,000
Premium/Discount to List
-$34,000
-9.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%

Purchase Details

Listed on
Jan 1, 2012
Closed on
Mar 7, 2012
Sold by
Federal National Mortgage Association
Bought by
Mcbride Christopher and Mcbride Manisa
Seller's Agent
John Dulek
Century 21 Affiliated Maki
Buyer's Agent
Faye Ceaser
Freedom Realty
List Price
$282,000
Sold Price
$273,000
Premium/Discount to List
-$9,000
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Original Mortgage
$266,079
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2011
Sold by
Threatt Arthur M and Case 10 Ch 06412
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 11, 2004
Sold by
Xu Xiangdong and Liu Yaya
Bought by
Threatt Arthur and Threatt Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1996
Sold by
Cole Taylor Bank
Bought by
Xu Xiangdong and Liu Yaya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,235
Interest Rate
6.37%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $515,000 Chicago Title
Quit Claim Deed -- None Available
Warranty Deed $336,000 Fidelity National Title
Special Warranty Deed $278,000 Attorneys Title Guaranty Fun
Sheriffs Deed -- None Available
Warranty Deed $420,000 St
Joint Tenancy Deed $278,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $469,989 VA
Previous Owner $16,000 Future Advance Clause Open End Mortgage
Previous Owner $266,079 FHA
Previous Owner $40,000 Credit Line Revolving
Previous Owner $381,000 Unknown
Previous Owner $372,000 Unknown
Previous Owner $294,000 Purchase Money Mortgage
Previous Owner $295,000 Unknown
Previous Owner $299,000 Unknown
Previous Owner $298,500 Unknown
Previous Owner $217,000 Unknown
Previous Owner $222,235 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $515,000 0.0% $120 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $515,000 +53.3% $120 / Sq Ft
05/23/2014 05/23/14 Sold $336,000 -6.7% $107 / Sq Ft
04/24/2014 04/24/14 Pending -- -- --
03/31/2014 03/31/14 Price Changed $360,000 -2.7% $115 / Sq Ft
03/12/2014 03/12/14 For Sale $370,000 +35.5% $118 / Sq Ft
03/13/2012 03/13/12 Sold $273,000 -3.2% $87 / Sq Ft
01/13/2012 01/13/12 Pending -- -- --
01/01/2012 01/01/12 For Sale $282,000 -- $90 / 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 $13,760 $170,748 $31,229 $139,519
2023 $12,691 $148,017 $27,072 $120,945
2022 $12,691 $136,198 $27,080 $109,118
2021 $11,475 $130,733 $25,993 $104,740
2020 $11,107 $127,519 $25,354 $102,165
2019 $10,792 $123,817 $24,618 $99,199
2018 $11,990 $138,507 $33,586 $104,921
2017 $11,865 $134,539 $32,624 $101,915
2016 $11,779 $128,548 $31,171 $97,377
2015 $11,483 $121,916 $29,563 $92,353
2014 $8,303 $90,418 $29,165 $61,253
2012 $7,869 $91,110 $29,388 $61,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08557104

Midwest Real Estate Data (MRED)

APN: 07-19-201-029