NOT LISTED FOR SALE

7747 Milan Way Unit 2 Gurnee, IL 60031

Estimated Value: $344,000 - $391,000

3 Beds
2.5 Baths
1,416 Sq Ft
$259/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $279,900 $198 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,742/month

4 Days on Market

Highlights

  • Property is near a park
  • Recreation Room
  • Traditional Architecture
  • Woodland Elementary School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of September 2021

Welcome Home! This 3 bedroom 2.1 bath house with partially finished basement is ready for its new owners! As you enter you'll be impressed with the 2 story living room that leads into the hub of home - the open concept kitchen and family room. The kitchen has top of the line stainless steel appliances, a great center island and separate eating area. The cozy and inviting family room has a beautiful fireplace and sliders leading out to the fully fenced backyard. Upstairs you will find the master suite with built-ins, a walk in cedar closet and large attached bath. Two additional rooms, the 2nd full bath and convenient 2nd floor laundry complete the floor. Need more space? You're in luck with the partially finished basement that's perfect for a work out area, kids play room or office space - you decide! Recent updates include a new roof, siding and exterior paint. Conveniently located in the heart of Gurnee, close to the expressway, parks, restaurants/shopping, award winning schools and all that Gurnee has to offer!

Last Agent to Sell the Property

Stacy Johnson

Baird & Warner License #475117838 Listed on: 08/03/2021

Baird & Warner

Last Buyer's Agent

Rhonda Wong-Calace

Coldwell Banker Realty License #475192575

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,138

Year Built

  • Built in 1994

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 58x133x80x127
  • Fenced Yard
  • Paved or Partially Paved Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,416 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Family Room with Fireplace
  • Recreation Room
  • Wood Flooring
  • Unfinished Attic
  • Storm Screens

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Sump Pump

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Brick Porch or Patio
  • Property is near a park

Community Details

  • Northwest Property Management Association, Phone Number (815) 459-9187
  • Ravinia Woods Subdivision
  • Property managed by Ravinia Woods Home

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,138

Year Built

Built in 1994

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Ravinia Woods
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 740
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 2nd Floor Laundry
  • LivingArea: 1416
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Recreation Room, Walk In Closet
  • Estimated Total Finished Sq Ft: 2156
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower,Garden Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1416
  • Basement Sq Ft: 740
  • Fireplace Location: Family Room
  • Total Sq Ft: 2156
  • Upper Level Sq Ft: 708
  • Attic: Unfinished
  • Main Level Sq Ft: 708
  • Bedroom 2 Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Kitchen: Eating Area-Table Space,Island
  • Living Room Flooring: Carpet
  • MRD_MBB: Full
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Dimensions: 16X12
  • Bedroom 3 Flooring: Hardwood
  • Family Room Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Porch, Brick Paver Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 279900
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 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
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Annually
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Ravinia Woods Home
  • Management Contact Name: Northwest Property Management
  • Management Phone: 815-459-9187

Fee Information

  • Association Fee Includes: None

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: 0.2
  • Lot Dimensions: 58X133X80X127
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7138
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 15, 2021
Sold by
Santos Raymond and Santos Wilma
Bought by
Ferrara Matthew Joseph and Ferrara Sheridan Jean
Seller's Agent
Stacy Johnson
Baird & Warner
Buyer's Agent
Rhonda Wong-Calace
Coldwell Banker Realty
List Price
$279,900
Sold Price
$279,900
Total Days on Market
4
Current Estimated Value
$366,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,431
Avg. Annual Appreciation
8.42%
Original Mortgage
$223,920
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2017
Closed on
Mar 19, 2018
Sold by
Forchin Jeunese A
Bought by
Santos Raymond and Santos Wilma
Seller's Agent
Debbie Bacci
Baird & Warner
Buyer's Agent
Stacy Johnson
Baird & Warner
List Price
$249,900
Sold Price
$242,000
Premium/Discount to List
-$7,900
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$247,203
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Listed on
May 16, 2015
Closed on
Aug 14, 2015
Sold by
Alessio Christopher J D and Herman Michelle S
Bought by
Forchin Jeunese A
Seller's Agent
Anna Klarck
AK Homes
Buyer's Agent
Hersain Rodriguez
Baird & Warner
List Price
$238,000
Sold Price
$238,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.64%
Original Mortgage
$233,689
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2002
Sold by
Smith Kendall A and Smith Sherry L
Bought by
Dalessio Christopher J and Herman Michelle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.87%

Purchase Details

Closed on
Nov 30, 1994
Sold by
Sundance Holdings Inc
Bought by
Smith Kendall A and Smith Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,138
Interest Rate
8.91%
Mortgage Type
FHA
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
Ferrara Matthew Joseph $280,000 Baird & Warner Ttl Svcs Inc
Santos Raymond $242,000 Baird & Warner Title Service
Forchin Jeunese A $238,000 Attorneys Title Guaranty Fun
Dalessio Christopher J $240,000 Lawyers Title
Smith Kendall A $162,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrara Matthew Joseph $223,920
Previous Owner Santos Raymond $247,203
Previous Owner Forchin Jeunese A $233,689
Previous Owner Dalessio Christopher J $127,000
Previous Owner Dalessio Christopher J $191,999
Previous Owner Dalessio Christopher J $192,000
Previous Owner Smith Kendall A $55,000
Previous Owner Smith Sherry L $43,000
Previous Owner Smith Kendall A $20,500
Previous Owner Smith Kendall A $171,000
Previous Owner Smith Kendall A $155,138
Closed Dalessio Christopher J $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $279,900 0.0% $198 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $279,900 +15.7% $198 / Sq Ft
03/30/2018 03/30/18 Sold $242,000 -1.2% $171 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
02/13/2018 02/13/18 Price Changed $244,900 -0.8% $173 / Sq Ft
12/02/2017 12/02/17 Price Changed $246,900 -0.4% $174 / Sq Ft
11/13/2017 11/13/17 Price Changed $247,900 -0.4% $175 / Sq Ft
10/28/2017 10/28/17 Price Changed $248,900 -0.4% $176 / Sq Ft
09/13/2017 09/13/17 For Sale $249,900 +5.0% $176 / Sq Ft
08/19/2015 08/19/15 Sold $238,000 0.0% $168 / Sq Ft
07/11/2015 07/11/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $238,000 0.0% $168 / Sq Ft
06/27/2015 06/27/15 Pending -- -- --
05/16/2015 05/16/15 For Sale $238,000 -- $168 / 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 $8,387 $100,541 $20,111 $80,430
2023 $8,118 $93,344 $18,671 $74,673
2022 $8,118 $89,281 $18,676 $70,605
2021 $7,380 $86,222 $17,927 $68,295
2020 $7,139 $84,102 $17,486 $66,616
2019 $6,933 $81,660 $16,978 $64,682
2018 $5,952 $71,821 $17,749 $54,072
2017 $5,886 $69,763 $17,240 $52,523
2016 $5,830 $66,656 $16,472 $50,184
2015 $5,544 $61,960 $15,716 $46,244
2014 $5,261 $59,466 $15,491 $43,975
2012 $4,993 $59,922 $15,610 $44,312
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11176956

Midwest Real Estate Data (MRED)

APN: 07-19-117-006