NOT LISTED FOR SALE

7880 Geneva Dr Gurnee, IL 60031

Estimated Value: $357,000 - $400,000

4 Beds
3 Baths
1,474 Sq Ft
$258/Sq Ft Est. Value

About This Home

This home is located at 7880 Geneva Dr, Gurnee, IL 60031 and is currently estimated at $380,905, approximately $258 per square foot. 7880 Geneva Dr 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 15, 2017
Sold by
Nerheim Michael G and Nerheim Andraea L
Bought by
Lynn Jerry Jr Irvin and Lynn Jerry Kristina
Current Estimated Value
$380,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Outstanding Balance
$177,656
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$203,249

Purchase Details

Closed on
Apr 30, 2003
Sold by
Relocation Advantage Llc
Bought by
Nerheim Michael G and Nerheim Andraea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2003
Sold by
Lajoie Wayne P and Lajoie Audrey L
Bought by
Relocation Advantage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 1995
Sold by
Sundance Holdings Inc
Bought by
Lajoie Wayne P and Lajoie Audrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,250
Interest Rate
7.8%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lynn Jerry Jr Irvin $265,000 Chicago Title
Nerheim Michael G $263,000 First American Title
Relocation Advantage Llc $263,000 First American Title
Lajoie Wayne P $190,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Jerry Jr Irvin $212,000
Previous Owner Nerheim Michael G $223,000
Previous Owner Lajoie Wayne P $171,250
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 $8,296 $106,498 $25,138 $81,360
2023 $8,055 $92,422 $23,339 $69,083
2022 $8,055 $88,640 $23,347 $65,293
2021 $7,275 $85,083 $22,410 $62,673
2020 $7,037 $82,991 $21,859 $61,132
2019 $6,834 $80,581 $21,224 $59,357
2018 $6,230 $74,887 $22,318 $52,569
2017 $6,161 $72,741 $21,678 $51,063
2016 $6,104 $69,502 $20,713 $48,789
2015 $5,935 $65,916 $19,644 $46,272
2014 $5,644 $63,368 $19,365 $44,003
2012 $5,355 $63,853 $19,513 $44,340
Source: Public Records

Map

Illinois Lake County Gurnee 60031

7880 Geneva Dr, Gurnee, IL

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