NOT LISTED FOR SALE

986 Knowles Rd Gurnee, IL 60031

Estimated Value: $491,384 - $503,000

5 Beds
2.5 Baths
2,638 Sq Ft
$189/Sq Ft Est. Value

Highlights

  • Home Theater
  • Landscaped Professionally
  • Recreation Room
  • Woodland Elementary School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of October 2022

Fantastic opportunity in this five bedroom, 2.1 bath home in desirable Ravinia Woods neighborhood! Thist stunning home boasts ample living space and an open floor plan. Living and dining rooms graced with soaring ceilings. Enter the office through double French doors. Gourmet kitchen appointed with stainless steel appliances, abundant cabinet space, and sunny eating area with exterior access. Gather in the family room for quiet nights in. Fifth bedroom, half bath, and laundry room complete the main level. Retreat away to your private master suite boasting abundant space and spa-like ensuite with walk-in closet, whirlpool tub, separate shower, and double sink vanity. Three bedrooms and a shared bath adorn the second level. Finished basement provides additional living space and storage space. Great fully fenced yard with large deck! Amazing location close to Gurnee restaurants, shopping, and more!

Last Agent to Rent the Property

Roberta Urbinatti

RE/MAX Top Performers License #475127846 Listed on: 07/18/2022

Last Renter's Agent

Jeannette Collado

ARNI Realty Incorporated License #475181150

ARNI Realty Incorporated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,256

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 70x155x70x155
  • Fenced Yard
  • Landscaped Professionally

Parking

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

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,638 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

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

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

Community Details

  • Ravinia Woods Subdivision

Listing and Financial Details

  • Property Available on 7/18/22

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,256

Year Built

Built in 1996

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2022-07-18
  • Board Number: 2
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Detached
  • Rental Price: 3000
  • Security Deposit: 1MONTH
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Detached: 2 Stories
  • Property Sub-Type: Detached
  • Subdivision Name: Ravinia Woods
  • Year Built: 1996
  • 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
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, First Floor Laundry
  • LivingArea: 2638
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Office, Eating Area, Bedroom 5, Recreation Room, Media Room
  • Estimated Total Finished Sq Ft: 2638
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2638
  • Basement Sq Ft: 1193
  • Total Sq Ft: 3831
  • Main Level Sq Ft: 2638
  • Bathroom: Full
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • List Price: 3000
  • Lot Features: Fenced Yard, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl 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
  • Type: Eating Area-Table Space,Pantry-Closet

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent 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

  • Lot Dimensions: 70X155X70X155

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2000
Sold by
Matlock Betty D and Matlock Austin L
Bought by
Arcot Venkata R
Current Estimated Value
$497,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,900
Interest Rate
7.77%

Purchase Details

Closed on
Dec 4, 1996
Sold by
Sundance Holdings Inc
Bought by
Matlock Austin L and Matlock Betty D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.85%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Arcot Venkata R $260,000 --
Matlock Austin L $227,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arcot Venkat $195,000
Closed Arcot Venkata R $25,000
Closed Arcot Venkata R $198,500
Closed Arcot Venkata R $207,000
Closed Arcot Venkata $245,800
Closed Arcot Venkata R $220,000
Closed Arcot Venkata R $212,000
Closed Arcot Venkata R $26,450
Closed Arcot Venkata R $233,900
Previous Owner Matlock Austin L $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2022 10/08/22 Rented $3,200 +6.7% --
09/16/2022 09/16/22 Under Contract -- -- --
09/01/2022 09/01/22 Price Changed $3,000 -6.3% $1 / Sq Ft
07/18/2022 07/18/22 For Rent $3,200 -- --
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 $12,256 $134,334 $25,138 $109,196
2023 $10,464 $124,719 $23,339 $101,380
2022 $10,464 $113,354 $23,347 $90,007
2021 $9,458 $108,806 $22,410 $86,396
2020 $9,152 $106,131 $21,859 $84,272
2019 $8,891 $103,049 $21,224 $81,825
2018 $8,653 $101,649 $22,318 $79,331
2017 $8,624 $98,736 $21,678 $77,058
2016 $8,491 $94,340 $20,713 $73,627
2015 $8,269 $89,472 $19,644 $69,828
2014 $7,973 $87,057 $19,365 $67,692
2012 $7,557 $87,723 $19,513 $68,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11467604

Midwest Real Estate Data (MRED)

APN: 07-18-304-045