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482 Cross Road

482 Cross Road, Gurnee, IL 60031
Sold Dec 03, 2007
$279,000
Local assessors in Gurnee, IL have categorized 482 Cross Road as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 9,784 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 482 Cross Road has a total of 1,248 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 462 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a roof that is made of wood shake/ shingles. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 482 Cross Road sold most recently in Nov 16, 2007 for a total of $279,000. If you work out the math, that's approximately a cost of $109.76 per sqft. 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 $7,118 in taxes each year. 482 Cross Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $94,186. If we break it down further, the land itself was valued at $19,860. Improvements to the property, however, were assessed at a total of $74,326. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 832
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,784
  • Total Building Area: 2,542
  • Gross Building Area: 2,686
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PROVIDENCE VILLAGE PHASE II
  • Land Acres: 0.225
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PROVIDENCE VILLAGE PHASE II; LOT 267

Ownership

  • Current Owner : KERR PATRICK J
  • Previous Owner : HOLM MARK E
  • Previous Owner 2: HOLM SHARON A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Warren Township High School District 121
  • Census Tract: 861509

Geography

  • District: WARREN
  • Subdivision Phase Number: 2
  • Parcel: 07-26-105-017
  • Lot: 267
  • Municipality: TWP OF WARREN
  • Latitude: 42.3527
  • Longitude: -87.9184

    Address

  • Full Address: 482 Cross Rd
  • Address - House Number: 482
  • Address - Street Name: Cross
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Gurnee
  • Carrier Code: R001
  • 4-Digit Zip Code: 3252
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,118
  • Tax Rate Code Area: 8042

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 332,635
  • High Value: 388,918
  • Low Value: 276,352

    Market Valuation

  • Market Total Value: $282,586
  • Market Land Value: $59,586
  • Market Improvement Value: $223,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,186
  • Assessed Land Value: $19,860
  • Assessed Improvements Value: $74,326

    Sales

  • Current Sale Contract Date: Nov 16, 2007
  • Current Sale Recording Date: Dec 03, 2007
  • Current Sale Transaction ID: 1136570768
  • Current Sale Price: $279,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6276175

    Last Sale Mortgage

  • First Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: Dec 03, 2007
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2037

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Frequently Asked Questions

What neighborhood is 482 Cross Road located in?
The 482 Cross Road is a located in the neighborhood of Providence Village in Providence Village, Gurnee.
What is the average sales price for listings in 482 Cross Road?
The average sales price for units in 482 Cross Road is $0 currently.

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