NOT LISTED FOR SALE

4516 Kings Way N Gurnee, IL 60031

Estimated Value: $488,998 - $526,000

4 Beds
3 Baths
2,897 Sq Ft
$176/Sq Ft Est. Value

Last Sold September 20, 2012

Last sale price $244,350 $84 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,980/month

43 Days on Market

Highlights

  • Whirlpool Bathtub
  • Formal Dining Room
  • Central Air
  • Woodland Elementary School Rated A-
  • Fenced Yard
  • 3-minute walk to O'Plaine Community Park

About This Home

As of September 2012

Fantastic value! 2900 sf in desirable Providence Village! Tax assesor value is $393,924! Nice flowing floor plan with separate dining and living rooms, spacious island kitchen, vaulted breakfast room, cozy family room with fireplace, large master with vaulted ultra bath, three add brs, fin bsmt and large, fenced yard! Just freshly painted neutral throughout and new carpet added. Home warranty offered.

Last Listed By

Diane Heidenreich

Coldwell Banker Realty License #475138327 Listed on: 07/04/2012

Coldwell Banker Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $13,789

Year Built

  • 1994

Lot Details

  • 0.28

HOA Fees

  • $10 per month

Parking

  • Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Wood Shingle Roof
  • Cedar

Interior Spaces

  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Schools

  • Woodland Elementary School
  • Warren Township High School

Additional Features

  • Fenced Yard
  • Central Air

Property Details

Home Type

Other

Est. Annual Taxes

$13,789

Year Built

1994

Lot Details

0

HOA Fees

$10 per month

Parking

2

Interior Features

  • Total # Of Rooms: 10
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Equipment: Humidifier, TV-Cable, Ceiling Fan, Sump Pump
  • Fireplace Type/Details: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Attic: Unfinished
  • Basement: Full
  • Basement: Partially Finished
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 18X18
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 17X12
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 15X11
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 20X15
  • Fourth Bedroom Flooring: Carpet
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Living Room Level: Main Level
  • Living Room Size: 15X12
  • Living Room Flooring: Carpet
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 16X13
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 22X15
  • Family Room Flooring: Carpet
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Kitchen Level: Main Level
  • Kitchen Size: 13X13
  • Kitchen Flooring: Ceramic/Porcelain Tile

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Wood Shakes/Shingles

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Transmitter(s)
  • Driveway: Asphalt

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Heat/Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment/Association Fees: 125

Schools

  • Elementary School: Woodland Elementary School
  • High School: Warren Township High School
  • Junior High Dist: 50
  • Junior High: Woodland Middle School

Lot Info

  • Lot Dimensions: 67 X 180
  • Lot Description: Fenced Yard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2012
Closed on
Sep 17, 2012
Sold by
Chicago Title Land Trust Co
Bought by
Cruz Eric De La
Seller's Agent
Diane Heidenreich
Coldwell Banker Realty
Buyer's Agent
Mary Lou Leboeuf
@properties Christie?s International Real Estate
List Price
$271,500
Sold Price
$244,350
Premium/Discount to List
-$27,150
-10%
Total Days on Market
43
Current Estimated Value
$508,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,400
Avg. Annual Appreciation
5.97%
Original Mortgage
$183,200
Outstanding Balance
$129,980
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$378,770

Purchase Details

Closed on
May 29, 2011
Sold by
Musick Aaron W and Musick Vicky L
Bought by
Chicago Title Land Trust Co and Trust Number F675266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2004
Sold by
Gerstenberger Gregg A and Gerstenberger Joan M
Bought by
Musick Aaron W and Musick Vicky L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,800
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1994
Sold by
Komen Company
Bought by
Gerstenberger Gregg A and Gerstenberger Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,550
Interest Rate
8%

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
Cruz Eric De La $244,350 Fidelity National Title
Chicago Title Land Trust Co $271,500 None Available
Musick Aaron W $361,000 --
Gerstenberger Gregg A $241,000 Land Title Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Eric De La $183,200
Previous Owner Chicago Title Land Trust Co $183,200
Previous Owner Musick Aaron W $288,800
Previous Owner Gerstenberger Gregg A $184,700
Previous Owner Gerstenberger Gregg A $192,550
Closed Musick Aaron W $18,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2012 09/20/12 Sold $244,350 -7.8% $84 / Sq Ft
08/16/2012 08/16/12 Pending -- -- --
08/04/2012 08/04/12 Price Changed $264,900 -2.4% $91 / Sq Ft
07/04/2012 07/04/12 For Sale $271,500 -- $94 / Sq Ft
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
2023 $13,789 $143,477 $24,532 $118,945
2022 $13,789 $139,185 $21,448 $117,737
2021 $12,502 $133,600 $20,587 $113,013
2020 $12,116 $130,316 $20,081 $110,235
2019 $11,779 $126,533 $19,498 $107,035
2018 $11,408 $123,923 $21,914 $102,009
2017 $11,295 $120,372 $21,286 $99,086
2016 $11,235 $120,192 $20,338 $99,854
2015 $11,481 $113,991 $19,289 $94,702
2014 $7,944 $79,473 $19,012 $60,461
2012 $6,968 $80,082 $19,158 $60,924
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08106802

Midwest Real Estate Data (MRED)

APN: 07-26-101-049