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4331 Meadowlark Court

4331 Meadowlark Court, Gurnee, IL 60031
Property in Big Oaks
Sold Aug 20, 2021
$325,000
$299,250 by Fairway Independent Mortgage C
Mortgage Due Aug 01, 2051
Sold Apr 09, 2002
$255,000
$200,000 by National City Mtg Co
Mortgage Due Apr 01, 2032
4331 Meadowlark Court in Gurnee, IL was first built in 1988 and is 36 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 4331 Meadowlark Court has 2,510 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,724 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 506 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4331 Meadowlark Court sold most recently in Jun 28, 2021 for a total of $325,000. If you work out the math, that's approximately a cost of $77.42 per sqft. Before that, the property was also sold for $255,000 in Mar 7, 2002. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,270 in taxes each year. 4331 Meadowlark Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $113,225. If we break it down further, the land itself was valued at $11,875. Improvements to the property, however, were assessed at a total of $101,350. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,182
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,724
  • Total Building Area: 4,198
  • Gross Building Area: 4,358
  • Building Area: 2,510
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,510
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BIG OAKS UNIT 7 PHASE NO.3
  • Land Acres: 0.292
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BIG OAKS UNIT 7 PHASE NO.3; LOT33 LOT 33

Ownership

  • Current Owner : PEGGAR ROBERT
  • Current Owner 2: PEGGAR ELYSE
  • Previous Owner : MUNDA MICHAEL B
  • Previous Owner 2: MUNDA CYNTHIA M
  • Owner Before Previous Owner: COUGHLIN MATHEW T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gurnee School District 56
  • Census Tract: 861509

Geography

  • District: WARREN
  • Subdivision Phase Number: N
  • Parcel: 07-23-222-027
  • Lot: 33
  • Municipality: TWP OF WARREN
  • Latitude: 42.3651
  • Longitude: -87.9097

    Address

  • Full Address: 4331 Meadowlark Ct
  • Legal Unit: 7
  • Address - House Number: 4331
  • Address - Street Name: Meadowlark
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Gurnee
  • Carrier Code: C018
  • 4-Digit Zip Code: 2762
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,270
  • Tax Rate Code Area: 8001

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 390,697
  • High Value: 456,804
  • Low Value: 324,590

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $299,250
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Aug 20, 2021
  • First Open Lien Mortgage Loan Amount: $299,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $339,709
  • Market Land Value: $35,629
  • Market Improvement Value: $304,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,225
  • Assessed Land Value: $11,875
  • Assessed Improvements Value: $101,350

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Transaction ID: 11856699347
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7819019
  • Previous Sale Recording Date: Apr 09, 2002
  • Previous Sale Contract Date: Mar 07, 2002
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Aug 20, 2021
  • First Mortgage Loan Amount: $299,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MTG CO
  • Previous Mortgage Transaction Date: Apr 09, 2002
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2032

About Big Oaks



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Frequently Asked Questions

What neighborhood is 4331 Meadowlark Court located in?
The 4331 Meadowlark Court is a located in the neighborhood of Big Oaks in Big Oaks, Gurnee.
What is the average sales price for listings in 4331 Meadowlark Court?
The average sales price for units in 4331 Meadowlark Court is $0 currently.

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