NOT LISTED FOR SALE

903 Adderly Ln Gurnee, IL 60031

Estimated Value: $450,000 - $465,189

4 Beds
2.5 Baths
2,145 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $420,000 $196 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,374/month

Highlights

  • Open Floorplan
  • Community Lake
  • Property is near a park
  • Woodland Elementary School Rated A-
  • Clubhouse
  • Recreation Room

About This Home

As of September 2023

Now Showing! Lovely Gleneagles model with full finished basement on extended 0.23 acre lot in the Highlands of Fairway Ridge. Beautifully maintained and meticulously cared for, 4 bedrooms, 2.5 baths. Cathedral ceiling in living room and primary suite. Family room and dining room off kitchen. Large basement rec room and workshop area. On-trend hues and elegantly-appointed finishes throughout. Open concept kitchen features hardwood floors, granite counters, upgraded cabinets, large eating area, and sliders to private patio. Low HOA fee provides access to clubhouse, exercise facilities and pool. Close to parks and playgrounds, golf course, popular restaurants, local shopping, I-94, major commuter ways, and don't forget those award-winning Woodland and Warren schools! Don't blink, you'll miss it! A preferred lender offers a reduced interest rate for this listing.

Last Agent to Sell the Property

David Leigh

Redfin Corporation License #471007779 Listed on: 08/10/2023

Redfin Corporation

Last Buyer's Agent

Jodi Cinq-Mars

Keller Williams North Shore West License #475181058

Keller Williams North Shore West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,176

Year Built

  • Built in 1995

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 48x35x25x71x95x137
  • Paved or Partially Paved Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,145 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Includes Fireplace Accessories
  • Fireplace With Gas Starter
  • Tilt-In Windows
  • Bay Window
  • Window Screens
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Recreation Room
  • Unfinished Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Fire Pit

Location

  • Property is near a park

Schools

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, clubhouse, exercise facilities, pool
  • Penny Gatsis Association, Phone Number (847) 816-8447
  • Highlands Of Fairway Ridge Subdivision, Gleneagles Floorplan
  • Property managed by Fairway Ridge HOA
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,176

Year Built

Built in 1995

Lot Details

0

HOA Fees

$42 per month

Parking

2

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: Highlands of Fairway Ridge
  • Year Built: 1995
  • Age: 26-30 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, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter, Includes Accessories
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry, Built-in Features, Walk-In Closet(s), Open Floorplan, Some Carpeting
  • LivingArea: 2145
  • Other Equipment: Humidifier, CO Detectors, Sump Pump, Backup Sump Pump;
  • Room Type: Recreation Room, Breakfast Room, Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 3642
  • Basement Description: Finished,Egress Window
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Basement Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Door Features: Sliding Doors,36" Minimum Entry Door,32" Minimum Interior Door(s),6 Panel Door(s)
  • Window Features: Bay Window(s),Screens,Some Tilt-In Windows
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 400000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee: 42
  • Association Fee Frequency: Monthly
  • Community Features: Clubhouse, Park, Pool, Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Fairway Ridge HOA
  • Management Contact Name: Penny Gatsis
  • Management Phone: 847-816-8447
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Clubhouse, Exercise Facilities, Pool

Schools

  • Elementary School: Woodland Elementary School
  • High School: Warren Township High School
  • Middle/Junior School: Woodland Jr High School
  • Middle/Junior School District: 50

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 48X35X25X71X95X137
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10175.92
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Aug 31, 2023
Sold by
Bieber James J and Bieber Elsa H
Bought by
Koric Tarik and Koric Cerim Samra
Seller's Agent
David Leigh
Redfin Corporation
Buyer's Agent
Jodi Cinq-Mars
Keller Williams North Shore West
List Price
$400,000
Sold Price
$420,000
Premium/Discount to List
$20,000
5%
Views
11
Current Estimated Value
$458,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,297
Avg. Annual Appreciation
4.22%
Original Mortgage
$336,000
Outstanding Balance
$329,722
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$128,575

Purchase Details

Closed on
May 22, 2021
Sold by
Alexakos Elsa H
Bought by
Alexakos Elsa H and Bieber James J

Purchase Details

Closed on
Jul 6, 2017
Sold by
Alexakos John C
Bought by
Alexakos Elsa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2000
Sold by
Bowen Kevin J and Bowen Lisa D
Bought by
Alexakos John C and Alexakos Elsa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
8.24%

Purchase Details

Closed on
Mar 28, 1995
Sold by
Northern Tr Bank Lake Forest Natl Assn
Bought by
Bowen Kevin J and Bowen Lisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
6.5%
Source: Public Records

Range of Values:

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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
Koric Tarik $420,000 Chicago Title
Alexakos Elsa H -- None Available
Alexakos Elsa H $52,000 None Available
Alexakos John C $239,000 --
Bowen Kevin J $214,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koric Tarik $336,000
Previous Owner Alexakos Elsa H $224,500
Previous Owner Alexakos John C $190,000
Previous Owner Bowen Kevin J $192,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2023 09/05/23 Sold $420,000 +5.0% $196 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $400,000 -- $186 / 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 $10,835 $136,417 $17,676 $118,741
2023 $10,176 $118,256 $15,323 $102,933
2022 $10,176 $110,397 $15,328 $95,069
2021 $9,197 $105,968 $14,713 $91,255
2020 $8,899 $103,363 $14,351 $89,012
2019 $8,645 $100,362 $13,934 $86,428
2018 $8,277 $97,501 $17,176 $80,325
2017 $8,188 $94,707 $16,684 $78,023
2016 $8,121 $90,490 $15,941 $74,549
2015 $7,907 $85,822 $15,119 $70,703
2014 $7,894 $86,258 $14,931 $71,327
2012 $7,664 $86,918 $15,045 $71,873
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11831054

Midwest Real Estate Data (MRED)

APN: 07-28-308-053