NOT LISTED FOR SALE

7767 Milan Way Unit 2 Gurnee, IL 60031

Estimated Value: $390,922 - $411,000

4 Beds
4 Baths
1,875 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $319,900 $171 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,016/month

4 Days on Market

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • Fenced Yard
  • Woodland Elementary School Rated A-
  • Wood Flooring
  • Attached Garage

About This Home

As of May 2021

Gorgeous 2-story living with Full-Finished Basement in the sought-after Ravinia Woods. 4 large Bedrooms with 3.5 Baths, the 3rd Full Bath in the Basement is perfect for family / guests. Grand 2-story Foyer with Vaulted Ceilings and Luxury Vinyl Plank Hardwood Floors in the Living and Dining areas with lots of natural light throughout. Eat-in Kitchen with Stainless Steel appliances, Oak Cabinets, Breakfast Bar overlooking the large Family Room also with LVT Hardwood Floors, leading to the perfect fully Fenced-in Backyard with garden, storage shed, and Playset included. Expansive Finished Basement with 3rd Full Bath and room for Storage and Recreation. High Efficiency Laundry Units. Furnace is 5 years new; Roof, A/C, and Water Heater new in 2011. Home includes solar panel system for huge potential cost savings, lease must transfer with the home (ask for more details). Close to Schools, Parks, Shopping, Restaurants, Groceries, and Six Flags Great America.

Last Listed By

Daniel Chan

Cambridge Realty LLC License #475147535 Listed on: 03/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,289

Year Built

  • 1995

Lot Details

  • Fenced Yard
  • Garden

HOA Fees

  • $10 per month

Parking

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

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Recreation Room
  • Storage Room
  • Wood Flooring

Finished Basement

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

Eco-Friendly Details

  • Solar Heating System

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,289

Year Built

1995

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 26-30 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Total Sq Ft: 1875
  • Type Detached: 2 Stories
  • Estimated Year Built: 1995
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2739
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 12X11, On Level: Main Level, Flooring: Vinyl
  • Equipment: Humidifier, CO Detectors, Ceiling Fan, Sump Pump
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 5X6, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Dimensions: 13X14, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: Recreation Room, Storage
  • Master Bedroom: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Recreation Rm, Dimensions: 16X14, On Level: Basement
  • Additional Room 2 Name: Recreation Rm, Dimensions: 16X12, On Level: Basement
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Storage, Dimensions: 12X9, On Level: Basement
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1875
  • Estimated Total Finished Sq Ft: 2739
  • Basement Sq Ft: 864
  • Basement Finished Sq Ft: 864
  • Main Level Sq Ft: 1875
  • Family Room: Dimensions: 16X11, On Level: Main Level, Flooring: Vinyl

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.18

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Electric, Solar

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 125

Schools

  • School District: 121
  • Junior High Dist: 50

Lot Info

  • Lot Dimensions: 57 X 125
  • Lot Description: Fenced Yard, Garden
  • Parcel Identification Number: 07191170100000

Tax Info

  • Taxes: 7751

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
May 17, 2021
Sold by
Tillett Lucas and Tillett Callie
Bought by
Flores Berner and Flores Aimee
Seller's Agent
Daniel Chan
Cambridge Realty LLC
Buyer's Agent
Jonathan Calan
Gallery Realty Inc.
List Price
$329,900
Sold Price
$319,900
Premium/Discount to List
-$10,000
-3.03%
Total Days on Market
4
Current Estimated Value
$402,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,581
Avg. Annual Appreciation
5.94%
Original Mortgage
$314,105
Outstanding Balance
$287,218
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$115,263

Purchase Details

Closed on
Jun 10, 2011
Sold by
Orenstein Richard A
Bought by
Tillett Lucas and Tillett Callie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Gamas Martha P and Gonzalez Martha P
Bought by
Orenstein Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2005
Sold by
Gonzalez Mario and Gamas Martha P
Bought by
Gamas Martha P

Purchase Details

Closed on
Nov 30, 1995
Sold by
Sundance Holdings Inc
Bought by
Gonzalez Mario and Gonzalez Martha P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,150
Interest Rate
7.44%

Range of Values:

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Average Value
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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
Flores Berner $320,000 Chicago Title
Tillett Lucas $216,000 Chicago Title Insurance Co
Orenstein Richard A $315,000 First American Title
Gamas Martha P -- First American Title
Gonzalez Mario $177,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Berner $314,105
Previous Owner Tillett Lucas $172,000
Previous Owner Tillett Lucas $172,800
Previous Owner Orenstein Richard A $305,682
Previous Owner Orenstein Richard A $299,250
Previous Owner Gonzalez Mario $181,000
Previous Owner Gonzalez Mario $182,000
Previous Owner Gonzalez Mario $23,600
Previous Owner Gonzalez Mario $167,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $319,900 0.0% $171 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/31/2021 03/31/21 Price Changed $319,900 -3.0% $171 / Sq Ft
03/29/2021 03/29/21 For Sale $329,900 -- $176 / 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
2023 $9,289 $105,782 $16,804 $88,978
2022 $9,289 $101,297 $16,809 $84,488
2021 $8,393 $97,233 $16,135 $81,098
2020 $7,985 $93,305 $15,738 $77,567
2019 $7,751 $90,596 $15,281 $75,315
2018 $6,775 $80,912 $16,068 $64,844
2017 $6,701 $78,594 $15,608 $62,986
2016 $6,641 $75,095 $14,913 $60,182
2015 $6,461 $71,221 $14,144 $57,077
2014 $6,348 $70,532 $13,942 $56,590
2012 $6,021 $71,072 $14,049 $57,023
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11036221

Midwest Real Estate Data (MRED)

APN: 07-19-117-010