$505,000
SOLD MAY 17, 2021

480 Old Walnut Cir Gurnee, IL 60031

5 Beds
4.5 Baths
4,104 Sq Ft
0.27 Acres

Recently Sold

$123 Per Sq Ft

1% Below List Price

13 Days on Market

Highlights

  • Property is near a park
  • Recreation Room
  • Wood Flooring
  • Woodland Elementary School Rated A-
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of May 2021

Recently updated gorgeous home located in the desirable Timberwoods subdivision features 5 bedrooms with 2 more in the fully-finished basement. With 4.1 baths and an additional 2,000 sq feet in the basement, everything you're looking for is here! This oasis boasts a main-floor spacious suite with full bath, vaulted ceilings, new stainless-steel appliances, 1st floor laundry with new washer and dryer, a den, and more! On the second floor you're greeted with the remaining 4 generously sized bedrooms, a spa-like master bathroom with separate double vanities, and 2 walk-in closets. In the bright finished basement with 9' ceilings you will find a large recreation room with 150" projector, and 2 more bedrooms. With a patio this retreat is just perfect for entertaining! (Homestead Exemption not included in current taxes)

Last Agent to Sell the Property

Kyle Harris

GenStone Realty License #475190007 Listed on: 03/24/2021

Last Buyer's Agent

Diane Kuhfuss

Keller Williams North Shore West License #475131970

Keller Williams North Shore West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,411

Year Built

  • Built in 2000 | Remodeled in 2020

Lot Details

  • 0.27 Acre Lot
  • Corner Lot

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Interior Spaces

  • 4,104 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Wood Flooring

Kitchen

  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Location

  • Property is near a park

Schools

  • Woodland Middle School
  • Warren Township High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Kevin Mcgowan Association, Phone Number (847) 665-9515
  • Timberwoods Subdivision
  • Property managed by Timberwoods Homeowners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,411

Year Built

Built in 2000 | Remodeled in 2020

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Timberwoods
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Range Hood, Range Hood
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Finished Sq Ft: 2011
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Laundry, Walk-In Closet(s), Some Window Treatmnt, Separate Dining Room
  • LivingArea: 4104
  • Room Type: Bedroom 5, Bedroom 6, Bedroom 7, Den, Recreation Room
  • Estimated Total Finished Sq Ft: 2011
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Basement Sq Ft: 2011
  • Fireplace Location: Family Room
  • Square Footage Comments: 4104 sq ft. with an additional 2011 sq ft. in basement.
  • Total Sq Ft: 2011

Exterior Features

  • DirectionFaces: East
  • List Price: 510000
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Number of Cars: 4
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 270
  • Association Fee Frequency: Annually
  • Community Features: Park
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Timberwoods Homeowners Association
  • Management Contact Name: Kevin McGowan
  • Management Phone: 847-665-9515

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Warren Township High School
  • Middle/Junior School: Woodland Middle School
  • Middle/Junior School District: 50

Lot Info

  • Lot Size Acres: 0.27
  • Lot Dimensions: 11761
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 12411.2
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 12, 2021
Sold by
Javed Hamid M and Idrees Yumna
Bought by
Harsh Fnu and Harika Damanjeet S
Seller's Agent
Kyle Harris
GenStone Realty
Buyer's Agent
Diane Kuhfuss
Keller Williams North Shore West
List Price
$510,000
Sold Price
$505,000
Premium/Discount to List
-$5,000
-0.98%
Current Estimated Value
$650,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,149
Avg. Annual Appreciation
6.25%
Original Mortgage
$454,500
Outstanding Balance
$413,253
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$236,896

Purchase Details

Listed on
Apr 3, 2020
Closed on
Jun 17, 2020
Sold by
Nrz Reo Inventory Ii Llc
Bought by
Javed Hamid M and Idrees Yumna
Seller's Agent
Renzie Gipson
Coldwell Banker Realty
Buyer's Agent
Ryan DeHeer
Baird & Warner
List Price
$399,900
Sold Price
$375,800
Premium/Discount to List
-$24,100
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.57%
Original Mortgage
$300,640
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2019
Sold by
Us Bank National Association
Bought by
Nrz Reo Inventory Ii Llc

Purchase Details

Closed on
Jan 3, 2018
Sold by
Sardharia Farid and Sardharia Farhan
Bought by
Us Bank Na and Specialty Underwriting And Residential F

Purchase Details

Closed on
Nov 2, 2005
Sold by
Leal Nestor E and Leal Normalita A
Bought by
Sardharia Farid and Sardharia Farhan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2000
Sold by
Drh Cambridge Homes Inc
Bought by
Leal Nestor E and Leal Normalita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.03%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $505,000 Precision Title Company
Special Warranty Deed $376,000 Fidelity National Title
Quit Claim Deed -- Attorney
Sheriffs Deed $381,192 None Available
Warranty Deed $525,000 --
Corporate Deed $379,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $454,500 New Conventional
Previous Owner $300,640 New Conventional
Previous Owner $446,250 Purchase Money Mortgage
Previous Owner $148,557 Unknown
Previous Owner $157,600 Unknown
Previous Owner $160,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $505,000 -1.0% $123 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $510,000 0.0% $124 / Sq Ft
04/05/2021 04/05/21 Price Changed $510,000 +1.0% $124 / Sq Ft
04/05/2021 04/05/21 Off Market $505,000 -- --
03/28/2021 03/28/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $493,000 +31.2% $120 / Sq Ft
07/09/2020 07/09/20 Sold $375,800 -6.0% $125 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
04/03/2020 04/03/20 For Sale $399,900 -- $133 / 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
2024 $15,714 $180,852 $27,148 $153,704
2023 $12,455 $167,907 $25,205 $142,702
2022 $12,455 $133,779 $25,213 $108,566
2021 $11,813 $128,411 $24,201 $104,210
2020 $11,448 $125,254 $23,606 $101,648
2019 $12,406 $141,449 $22,921 $118,528
2018 $13,627 $156,587 $26,925 $129,662
2017 $13,486 $152,100 $26,153 $125,947
2016 $13,392 $145,328 $24,989 $120,339
2015 $13,059 $137,830 $23,700 $114,130
2014 $12,649 $134,627 $23,397 $111,230
2012 $11,978 $135,658 $23,576 $112,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11019756

Midwest Real Estate Data (MRED)

APN: 07-19-213-004