NOT LISTED FOR SALE

7632 Cascade Way Gurnee, IL 60031

Estimated Value: $581,869 - $634,000

4 Beds
3.5 Baths
3,140 Sq Ft
$191/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $360,000 $115 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,593/month

72 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Wooded Lot
  • Woodland Elementary School Rated A-
  • Recreation Room
  • Vaulted Ceiling

About This Home

As of March 2018

This home is ready for your memories! This gorgeous home is located mere minutes from downtown Gurnee which offers a mall, amusement park and an abundance of shops and restaurants! Upon walking up this home with a massive driveway to include 3 car garage, you stumble upon an oversized porch- perfect for watching the sunrise! You are greeted in this home in the two story foyer with immediate views into the living room and dining room which offers plenty of natural lighting through the plentiful windows. The kitchen features all black appliances to include double oven, oversized island, and eating area with patio access. Main level also includes office that can easily be converted into 5th bed. Upstairs you will find a spacious master suite with vaulted ceilings, large walk in closet and en-suite bath with soak tub and dual vanity. 3 additional bedrooms, one with en-suite and others with jack and jill bath. Fully finished basement! Quiet and serene backyard that will steal your heart!!

Last Agent to Sell the Property

Jane Lee

RE/MAX Top Performers License #471004433 Listed on: 12/05/2017

Last Buyer's Agent

Bryce Fuller

Baird & Warner License #475108328

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,566

Year Built

  • Built in 1996

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 72x138x72x138
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,140 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Recreation Room
  • Bonus Room
  • Unfinished Attic
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Ravinia Woods Association, Phone Number (815) 459-9187
  • Ravinia Woods Subdivision, Crescendo Floorplan
  • Property managed by Northwest Properties

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,566

Year Built

Built in 1996

Lot Details

0

HOA Fees

$8 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: RAVINIA WOODS
  • Year Built: 1996
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1417
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Bedroom, In-Law Arrangement
  • LivingArea: 3140
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Eating Area, Den, Bonus Room, Foyer, Recreation Room, Other Room
  • Estimated Total Finished Sq Ft: 4557
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 3140
  • Fireplace Location: Family Room
  • Upper Level Sq Ft: 3140
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 379000
  • Lot Features: Landscaped, Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • 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
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Community Features: Horse-Riding Area, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Management Company: Northwest Properties
  • Management Contact Name: Ravinia Woods
  • Management Phone: 815-459-9187X224
  • 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: 0.23
  • Lot Dimensions: 72X138X72X138
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 10566.21
  • Tax Year: 2016
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2017
Closed on
Mar 23, 2018
Sold by
Workman Ryan F and Workman Margaret
Bought by
Zhen Yueqian and Wu Lanying Z
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Bryce Fuller
Baird & Warner
List Price
$379,000
Sold Price
$360,000
Premium/Discount to List
-$19,000
-5.01%
Total Days on Market
72
Current Estimated Value
$598,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,967
Avg. Annual Appreciation
7.77%
Original Mortgage
$216,000
Outstanding Balance
$183,262
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$434,502

Purchase Details

Closed on
Oct 14, 2008
Sold by
Kaczman Daniel L and Kaczman Susan D
Bought by
Workman Ryan F and Workman Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 12, 2000
Sold by
Lim John K C and Johnson Nelda E
Bought by
Kaczman Daniel L and Kaczman Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
8%

Purchase Details

Closed on
Sep 30, 1997
Sold by
Sundance Holdings Inc
Bought by
Lim John K C and Johnson Nelda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
7.54%
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 Buyer Sale Price Title Company
Zhen Yueqian $360,000 Fidelity National Title
Workman Ryan F $415,000 First American Title Ins Co
Kaczman Daniel L $346,000 --
Lim John K C $206,666 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhen Yueqian $216,000
Previous Owner Workman Ryan F $324,000
Previous Owner Workman Ryan F $325,000
Previous Owner Kaczman Daniel L $30,000
Previous Owner Kaczman Daniel L $282,600
Previous Owner Kaczman Daniel L $282,000
Previous Owner Kaczman Daniel L $276,000
Previous Owner Lim John K C $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2018 03/28/18 Sold $360,000 -5.0% $115 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
12/05/2017 12/05/17 For Sale $379,000 -- $121 / 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 $14,850 $182,316 $24,270 $158,046
2023 $12,085 $161,114 $21,448 $139,666
2022 $12,085 $131,985 $21,454 $110,531
2021 $10,919 $126,689 $20,593 $106,096
2020 $10,564 $123,575 $20,087 $103,488
2019 $10,261 $119,988 $19,504 $100,484
2018 $10,534 $119,988 $20,511 $99,477
2017 $10,646 $121,329 $19,923 $101,406
2016 $10,566 $115,927 $19,036 $96,891
2015 $10,297 $109,946 $18,054 $91,892
2014 $9,982 $107,491 $17,796 $89,695
2012 $9,456 $108,314 $17,932 $90,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09812630

Midwest Real Estate Data (MRED)

APN: 07-19-201-006