NOT LISTED FOR SALE

4862 Kings Way W Gurnee, IL 60031

Estimated Value: $529,000 - $543,000

5 Beds
3 Baths
2,717 Sq Ft
$197/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $375,000 $138 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,926/month

6 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Whirlpool Bathtub
  • Woodland Elementary School Rated A-
  • Wood Flooring
  • Attached Garage

About This Home

As of September 2020

WELCOME HOME! Tucked away perfectly on a serene, wooded lot in one of Gurnee's most sought after neighborhoods, this FIVE bedroom, two and a half bath + basement BEAUTY in Providence Village is an absolute must see! Gleaming hardwood floors and LOVELY natural light welcome you into this meticulously maintained home! Enjoy FABULOUS updates including a NEW driveway, NEW furnace, NEW A/C and complete Master Bath remodel! The sunken formal living room and adjacent dining room are the IDEAL space to host your next get party, or to simply spend quality time together! Featuring STUNNING cabinetry, Granite countertops and stainless steel appliances, this kitchen is the true HEART of the home! Open to the eat-in area and the INCREDIBLE family room, this is the PERFECT place for the whole family! Relax in front of the cozy brick fireplace or simply take in the views from the tranquil outdoor retreat. Head outside to enjoy the deep, show stopping oasis with a multi-level deck which leads to the EXPANSIVE fenced-in yard! Main level laundry and half bath are super convenient! Upstairs, you will find FIVE incredibly spacious bedrooms including an absolutely BREATHTAKING Master Suite! The large Master bedroom, with two WICs, is enhanced by GORGEOUS natural light and a vaulted ceiling, making it a truly DREAMY private getaway! The exquisitely updated en-suite offers a dazzling dual vanity, Jacuzzi whirlpool tub and HUGE walk-in tiled shower! WOW! A stylish updated full bath with a dual vanity and skylight, allowing for ample natural light, completes the upstairs of this REMARKABLE home! Entertainers DREAM basement features LOADS of storage, media and recreation area! This picturesque neighborhood is close to nature trails, commuter routes and all that Gurnee has to offer! You will just LOVE the true community feel and neighborhood events like Ravinia Nights, Fall hayrides and ice cream socials! You're going to LOVE it!

Last Agent to Sell the Property

Lisa Wolf

Keller Williams North Shore West License #471008702 Listed on: 07/14/2020

Keller Williams North Shore West

Last Buyer's Agent

Celeste Barr

eXp Realty License #475094890

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,845

Year Built

  • 1993

Lot Details

  • 9,583

HOA Fees

  • $13 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Wood Shingle Roof
  • Cedar

Interior Spaces

  • Dining Area
  • Recreation Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,845

Year Built

1993

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1993
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 11
  • Living Room: Dimensions: 12X21, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: CO Detectors, Sump Pump
  • Fireplace Location: Family Room, Living Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 8X6, On Level: Main Level
  • Dining Room: Dimensions: 13X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space
  • Additional Rooms: 5th Bedroom, Recreation Room, Eating Area
  • Master Bedroom: Dimensions: 18X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Recreation Rm, Dimensions: 34X32, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Eating Area, Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X13, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2717
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X13, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Deck
  • Acreage: 0.22

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 150

Schools

  • School District: 121
  • Elementary School: Woodland Elementary School
  • Middle School: Woodland Middle School
  • High School: Warren Township High School
  • Junior High Dist: 50

Lot Info

  • Lot Dimensions: 73X136X73X135
  • Parcel Identification Number: 07261090100000

Tax Info

  • Taxes: 10312.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 28, 2020
Sold by
Schwede Thomas A and Schwede Mary C
Bought by
Young Hill Gail J
Seller's Agent
Lisa Wolf
Keller Williams North Shore West
Buyer's Agent
Celeste Barr
eXp Realty
List Price
$379,900
Sold Price
$375,000
Premium/Discount to List
-$4,900
-1.29%
Current Estimated Value
$536,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,465
Avg. Annual Appreciation
7.30%
Original Mortgage
$337,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1993
Sold by
M W Doran Inc
Bought by
Schwede Thomas A and Schwede Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,300
Interest Rate
6.88%
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
Young Hill Gail J $375,000 First American Title
Schwede Thomas A $166,333 Intercounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Hill Gail J $337,500
Previous Owner Schwede Thomas A $179,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $375,000 -1.3% $138 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $379,900 -- $140 / 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 $12,845 $151,581 $21,782 $129,799
2023 $12,123 $136,632 $19,634 $116,998
2022 $12,123 $128,372 $17,166 $111,206
2021 $10,969 $123,221 $16,477 $106,744
2020 $10,617 $120,192 $16,072 $104,120
2019 $10,313 $116,702 $15,605 $101,097
2018 $10,217 $117,073 $17,540 $99,533
2017 $10,108 $113,718 $17,037 $96,681
2016 $10,028 $108,654 $16,278 $92,376
2015 $9,775 $103,048 $15,438 $87,610
2014 $9,852 $104,513 $15,216 $89,297
2012 $9,334 $105,314 $15,333 $89,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10781681

Midwest Real Estate Data (MRED)

APN: 07-26-109-010