When was property at 548 Prescott Lane built and last sold?

The property at 548 Prescott Lane was built in 2000 and last sold on Jun 28, 2022 for $475,000.

How much is this home worth?

The estimated value of the home located at 548 Prescott Lane is $0.

What are some comparable homes to 548 Prescott Lane?

There are currently no comparable homes to 548 Prescott Lane.

Gurnee

60031

Timberwoods

548 Prescott Lane

$475,000

● House - Off Market

548 Prescott Lane

Gurnee, IL 60031

4 Beds

4 Baths, 1 Half Bath

3,036 Ft²

$496,196

RealtyHop Estimate

2.31%

Since Aug 1, 2022

National-US

Primary Model

About This Property

Beautiful 4 bedroom Timberwoods beauty on wooded .28 acre lot with fenced in backyard! So much privacy! Family room has soaring ceilings with dramatic floor to ceiling windows overlooking the trees. Large Primary Suite features vaulted ceilings, an extra Sitting Room and walk in closet. Large Primary Bath has jetted tub, separate shower and dual vanity. 1st Floor Office is perfect for work at home! First floor mudroom makes laundry day a breeze, custom cabinets, utility sink and closet. Custom Sauna and Large Spa-Style Shower in the basement is your own personal retreat! Large finished basement has large open area, work room and storage room. Paver Patio with fire pit, fenced-in yard overlooks mature trees for privacy Brand NEW (2022!) ROOF, SIDING & GUTTERS! Transferable warranty! Don't miss this one!

Unit Size

3,036 Ft²

Days on Market

Land Size

0.28 acres

Price per sqft

$160

Property Type

House

Property Taxes

$869

HOA Dues

$23

Year Built

2000

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11357174)

Price History

Date / Event	Date	Event
Jul 8, 2022	Sold	Premium
Sold
May 15, 2022	Listed by Baird & Warner	$485,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2000

Effective Year Built: 2000
Building Count: 1
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 11
Building Condition: 6
Building Quality: 1
Construction Type: 6
Building Style: 15
Exterior Walls Type: 18
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 3
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 9
Basement Area: 1,497
Garage Type: 1
Garage Square Area: 546
Parking Space Count: 2
Patio Type: 59
Porch Type: 102
Pool Type: 0

Dimensions

Lot Size Square Feet: 12,027

Total Building Area: 4,815
Gross Building Area: 4,815
Building Area: 2,772
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 2,772
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: TIMBERWOODS UNIT 3
Land Acres: 0000000276
Standard Land Use Code: 1001
County Land Use Code: 40
Legal Description 1: TIMBERWOODS UNIT 3; LOT 147

Neighborhood

School District Name: Warren Township High School District 121

Census Tract: 861611

Geography

Assessors Map Reference: 2477-A7

District: WARREN
Parcel: 07-19-212-030
Lot: 147
Municipality: TWP OF WARREN
Latitude: 42.3683
Longitude: -87.9842

Address

Full Address: 548 Prescott Ln

Legal Unit: 3
Address - House Number: 548
Address - Street Name: Prescott
Address - Suffix Type: Ln
State: IL
City Name: Gurnee
Carrier Code: R009
4-Digit Zip Code: 5313
Zip Code: 60031

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,191,904
Tax Rate Code Area: 8029

Appraisal Valuation

Standard Deviation: 0.1597

Valuation Date: Feb 28, 2024
Confidence Score: 80
Final Value: 497,862
High Value: 577,395
Low Value: 418,328

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $445,455

Market Land Value: $77,345
Market Improvement Value: $368,110

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $148,470
Assessed Land Value: $25,779
Assessed Improvements Value: $122,691

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jun 28, 2022

Current Sale Recording Date: Jul 13, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 7919466
Previous Sale Recording Date: Jun 27, 2001
Previous Sale Contract Date: Jun 01, 2001
Previous Sale Amount: $384,500
Previous Sale Document Type: 20

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Timberwoods

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$171

Below Asking

0.02%

Average Days on Market

Average Home Size

3688 ft²

Average Home Age

27.5 years

Currently For Sale

4 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7624 Beringer Court, Gurnee, IL, 60031

$3,500 /mo

4 Beds
3 Baths
2,922 ft²

7624 Beringer Court, Gurnee, IL, 60031 Listing by Sheila Lee

Unit for rent at 34400 N Tangueray Drive, Grayslake, IL, 60030

$3,300 /mo

4 Beds
2 Baths
2,711 ft²

34400 N Tangueray Drive, Grayslake, IL, 60030 Listing by Yong Yap

Unit for rent at 33451 N Sears Boulevard, Grayslake, IL, 60030

$3,750 /mo

4 Beds
2 Baths
2,598 ft²

33451 N Sears Boulevard, Grayslake, IL, 60030 Listing by Kathleen Bak

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Connie Barhorst, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11357174

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

548 Prescott Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Timberwoods

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions