NOT LISTED FOR SALE

7606 Cascade Way Unit 3 Gurnee, IL 60031

Estimated Value: $603,000 - $651,000

5 Beds
4 Baths
2,940 Sq Ft
$210/Sq Ft Est. Value

About This Home

This home is located at 7606 Cascade Way Unit 3, Gurnee, IL 60031 and is currently estimated at $617,904, approximately $210 per square foot. 7606 Cascade Way Unit 3 is a home located in Lake County with nearby schools including Woodland Primary School, Woodland Elementary School, and Woodland Intermediate School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Shebley Mohamad A and Shebley Eaman S
Bought by
Faletoi Jonathan and Faletoi Stephanie
Current Estimated Value
$617,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Outstanding Balance
$545,335
Interest Rate
6.13%
Mortgage Type
VA
Estimated Equity
$67,501

Purchase Details

Closed on
Sep 3, 2011
Sold by
Ma Lan and Li Wei
Bought by
Shebley Mohamad A and Shebley Eaman S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,482
Interest Rate
4.22%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2003
Sold by
Vreeland Michael J and Vreeland Katie
Bought by
Li Wei and Ma Lan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,300
Interest Rate
5.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 25, 1998
Sold by
Sundance Suburban Properties Inc
Bought by
Lautenschlager Stephen J and Lautenschlager Janie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
6.9%

Purchase Details

Closed on
Feb 13, 1998
Sold by
Lautenschlager Stephen J and Lautenschlager Janie L
Bought by
Vreeland Michael J and Vreeland Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,250
Interest Rate
7.17%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Faletoi Jonathan $565,000 Scott A Brower Llc
Shebley Mohamad A $336,000 Multiple
Li Wei $452,500 --
Lautenschlager Stephen J $301,500 Ticor Title
Vreeland Michael J $303,000 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faletoi Jonathan $565,000
Previous Owner Shebley Mohamad A $275,370
Previous Owner Shebley Mohamad A $327,482
Previous Owner Li Wei $173,000
Previous Owner Li Wei $190,000
Previous Owner Li Wei $194,000
Previous Owner Li Wei $316,000
Previous Owner Li Wei $318,000
Previous Owner Li Wei $322,300
Previous Owner Li Wei $322,700
Previous Owner Vreeland Michael J $229,500
Previous Owner Vreeland Michael $48,821
Previous Owner Vreeland Michael J $227,800
Previous Owner Lautenschlager Stephen J $259,000
Previous Owner Vreeland Michael J $227,250
Closed Vreeland Michael J $30,300
Source: Public Records

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 -- $180,355 $24,394 $155,961
2023 $12,332 $159,381 $21,558 $137,823
2022 $12,332 $132,519 $21,564 $110,955
2021 $11,150 $127,202 $20,699 $106,503
2020 $10,792 $124,075 $20,190 $103,885
2019 $10,486 $120,473 $19,604 $100,869
2018 $10,005 $117,094 $20,615 $96,479
2017 $9,853 $112,738 $20,024 $92,714
2016 $9,869 $108,673 $19,132 $89,541
2015 $9,616 $103,066 $18,145 $84,921
2014 $9,126 $98,787 $17,887 $80,900
2012 $8,647 $99,544 $18,024 $81,520
Source: Public Records

Map

Illinois Lake County Gurnee 60031

7606 Cascade Way Unit 3, Gurnee, IL

This home is located at 7606 Cascade Way Unit 3, Gurnee, IL 60031 and is currently estimated at $617,904, approximately $210 per square foot. 7606 Cascade Way Unit 3 is a home located in Lake County with nearby schools including Woodland Primary School, Woodland Elementary School, and Woodland Intermediate School.

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