NOT LISTED FOR SALE

4850 Kings Way N Gurnee, IL 60031

Estimated Value: $507,000 - $545,000

4 Beds
4 Baths
2,808 Sq Ft
$189/Sq Ft Est. Value

Last Sold March 13, 2023

Last sale price $505,000 $180 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,894/month

Highlights

  • Colonial Architecture
  • Landscaped Professionally
  • Property is near a park
  • Woodland Elementary School Rated A-
  • Deck
  • Recreation Room

About This Home

As of March 2023

WELCOME HOME! Nestled beautifully on a GORGEOUS lot in one of Gurnee's most sought after neighborhoods Providence Village, this IMMACULATE beauty is a must see! Charming curb appeal invites you in, as you are welcomed into the lovely foyer of this Emily model! With an OPEN & BRIGHT floor plan, this meticulously maintained home is just PERFECT for the whole family! ELEGANT and classical moldings throughout add style and substance to this simply phenomenal home! Natural light beams through the large windows and glistens off of the hardwood floors showcased throughout the main level. Enjoy your downtime in the formal living room or host your next get together in the adjacent dining room! BIG and BRIGHT main level office, with custom built-ins, is IDEAL for working from home! The GORGEOUS kitchen features loads of crisp cabinets, a classic tile backsplash, granite countertops and stainless steel appliances and replaced in 2021! YES PLEASE! FABULOUS eat-in breakfast area and peninsula island are ideal for a quick bite or your morning cup of coffee! SPACIOUS Family Room is perfectly complemented by a cozy fireplace and french doors to the outside! Step outside to see the perfect deck overlooking the HUGE fenced in backyard. Outdoor entertaining has never looked so good! Main level half bath and mudroom are super convenient! As you head upstairs, you will LOVE the private Primary Suite! SPECTACULAR en-suite offers a double bowl vanity, soaker tub and separate walk-in shower! YES PLEASE! Three generously sized bedrooms inclusive of a HUGE bonus room over the garage and additional full bathroom complete the upper level of this STUNNER! Large finished basement is a DREAM. Wet bar with loads of cabinet space and plenty of room for recreation, media and TONS of storage! Additional room can be used asa library, office, craft room ect. Community is what Providence Village is all about! Commuters dream, just minutes from I94 and Rt 41! Calling all nature lovers, bikers and runners; easy access to the Des Plaines River trail right from the neighborhood! This home is truly EXQUISITE-come check it out! Updates Include - 2023 NEW Furnace, Sump Pump, Back-Up Sump Pump and 2021 NEW Appliances.

Last Agent to Sell the Property

Lisa Wolf

Keller Williams North Shore West License #471008702 Listed on: 02/10/2023

Keller Williams North Shore West

Last Buyer's Agent

Danielle Rose

Jameson Sotheby's International Realty License #475185188

Jameson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,764

Year Built

  • Built in 1992

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 84x135x82x134
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Shake Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,808 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Play Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Schools

  • Woodland Elementary School
  • Woodland Middle School
  • Warren Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Property is near a park

Community Details

  • Providence Village Subdivision, Emily Floorplan

Listing and Financial Details

  • Other Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,764

Year Built

Built in 1992

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Providence Village
  • Year Built: 1992
  • Age: 31-40 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): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Laundry
  • LivingArea: 2808
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump, Radon Mitigation System
  • Room Type: Den, Office, Play Room, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 485000
  • Lot Features: Fenced Yard, Landscaped
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.26
  • Lot Dimensions: 84X135X82X134
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Year: 2021
  • Tax Exemptions: Disabled Vet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2025
Sold by
Vaal Lucas and Vaal Samantha
Bought by
Brunson Terrance and Brunson Payton
Current Estimated Value
$531,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,706
Outstanding Balance
$526,651
Interest Rate
6.25%
Mortgage Type
VA
Estimated Equity
$4,695

Purchase Details

Closed on
Aug 16, 2022
Sold by
Philbin John M and Philbin Aleksandra
Bought by
John M And Aleksandra Philbin Family Trust and Philbin

Purchase Details

Listed on
Jun 23, 2015
Closed on
Aug 10, 2015
Sold by
Burns John and Burns Leigh
Bought by
Philbin John M and Philbin Aleksandra
Seller's Agent
Kieron Quane
@properties Christie's International Real Estate
Buyer's Agent
Sheila Doyle
Baird & Warner
List Price
$390,000
Sold Price
$380,000
Premium/Discount to List
-$10,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.36%
Original Mortgage
$304,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2007
Sold by
Wasser James R and Wasser Karen Ann
Bought by
Burns John and Burns Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.13%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Brunson Terrance $524,000 Chicago Title
John M And Aleksandra Philbin Family Trust -- None Listed On Document
Philbin John M $380,000 First American Title Ins Co
Burns John $480,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brunson Terrance $529,706
Previous Owner Philbin John M $304,000
Previous Owner Burns John $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2023 03/13/23 Sold $505,000 +4.1% $180 / Sq Ft
02/11/2023 02/11/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $485,000 +27.6% $173 / Sq Ft
08/17/2015 08/17/15 Sold $380,000 -2.6% $135 / Sq Ft
07/14/2015 07/14/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $390,000 -- $139 / 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 $12,764 $150,681 $25,537 $125,144
2023 $12,764 $135,820 $23,018 $112,802
2022 $0 $138,416 $20,124 $118,292
2021 $0 $132,863 $19,317 $113,546
2020 $0 $129,597 $18,842 $110,755
2019 $0 $125,835 $18,295 $107,540
2018 $0 $127,066 $20,562 $106,504
2017 $0 $123,425 $19,973 $103,452
2016 $5,330 $117,930 $19,084 $98,846
2015 $10,661 $111,845 $18,099 $93,746
2014 $10,632 $112,313 $17,839 $94,474
2012 $10,071 $113,173 $17,976 $95,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11716371

Midwest Real Estate Data (MRED)

APN: 07-26-109-008