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5050 Boulders Drive

5050 Boulders Drive, Gurnee, IL 60031
Property in Boulders
Sold Jul 25, 2017
$30,700
$301,892 by Movement Mortgage
Mortgage Due Jul 01, 2047
Sold Sep 02, 2011
$300,000
5050 Boulders Drive has been categorized by the local assessors in Gurnee, IL as a residential type of property. The building on the property was first built in 1989 and is 35 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5050 Boulders Drive has 2,380 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,622 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 630 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery 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, 5050 Boulders Drive sold most recently in Jun 28, 2017 for a total of $30,700. If you work out the math, that's approximately a cost of $7.31 per sqft. Before that, the property was also sold for $300,000 in Aug 25, 2011. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $10,475 in taxes each year. 5050 Boulders Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $112,541. If we break it down further, the land itself was valued at $19,060. Improvements to the property, however, were assessed at a total of $93,481. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • 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: 1,190
  • Garage Type: Attached
  • Garage Square Area: 630
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,622
  • Total Building Area: 4,200
  • Gross Building Area: 4,200
  • Building Area: 2,380
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,380
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOULDERS SUB PHASE ONE
  • Land Acres: 0.267
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BOULDERS SUB PHASE ONE; LOT 11A

Ownership

  • Current Owner : JACKSON KEVIN
  • Previous Owner : KELLER MICHELLE D
  • Owner Before Previous Owner: MCWHORTER PHILIP R
  • Owner Before Previous Owner 2: MCWHORTER JEANNE D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Warren Township High School District 121
  • Census Tract: 861505

Geography

  • Assessors Map Reference: 2478-B5
  • District: WARREN
  • Subdivision Phase Number: 1
  • Parcel: 07-10-408-011
  • Lot: 11A
  • Municipality: TWP OF WARREN
  • Latitude: 42.3868
  • Longitude: -87.9279

    Address

  • Full Address: 5050 Boulders Dr
  • Address - House Number: 5050
  • Address - Street Name: Boulders
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Gurnee
  • Carrier Code: R002
  • 4-Digit Zip Code: 6084
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,475
  • Tax Rate Code Area: 8042

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 427,929
  • High Value: 496,291
  • Low Value: 359,567

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $317,326
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 25, 2017
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $301,892
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2047
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Feb 21, 2024
  • Second Open Lien Mortgage Loan Amount: $15,434
  • Second Open Lien Mortgage Term: 325
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $337,657
  • Market Land Value: $57,186
  • Market Improvement Value: $280,471

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,541
  • Assessed Land Value: $19,060
  • Assessed Improvements Value: $93,481

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 28, 2017
  • Current Sale Recording Date: Jul 25, 2017
  • Current Sale Transaction ID: 1731827303
  • Current Sale Price: $30,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7413859
  • Previous Sale Recording Date: Sep 02, 2011
  • Previous Sale Contract Date: Aug 25, 2011
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Jul 25, 2017
  • First Mortgage Loan Amount: $301,892
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2047

    Financing

  • First Mortgage Financing Type: Unknown

About Boulders



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2580 Bayswater Circle, Gurnee, IL, 60031 Listing by Noe Lopez

Frequently Asked Questions

What neighborhood is 5050 Boulders Drive located in?
The 5050 Boulders Drive is a located in the neighborhood of Boulders in Boulders, Gurnee.
What is the average sales price for listings in 5050 Boulders Drive?
The average sales price for units in 5050 Boulders Drive is $0 currently.

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