$386,000
SOLD JUL 16, 2021

4891 Kings Way W Unit 4 Gurnee, IL 60031

4 Beds
2.5 Baths
2,558 Sq Ft
0.27 Acres

Recently Sold

$151 Per Sq Ft

3% Below List Price

48 Days on Market

Highlights

  • Home Gym
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Woodland Elementary School Rated A-
  • Laundry Room
  • Combination Dining and Living Room

About This Home

As of July 2021

Elegant Providence Village home, Southern exposure with charm curb appeal, situated on higher ground, oversize, and deep lot, wide backyard with beautiful deck and large patio perfect for summer! Gorgeous new espresso Hardwood flooring on the main floor throughout, freshly painted all throughout, Separate L/R and D/R, w/ cozy Wood-burning FP, separate LR/DR, beautiful bay window, spacious den designed to your taste, Huge EIK overlooking the nice backyard, all SS appliances, New refrigerator, double dishwasher, New furnace, New sump pump. Large Master bedroom ensuite w/ spacious WIC, 3 generous bedrooms sizes. High ceiling finished basement for exercise and family rooms. Absolutely stunning and ready to move in. Close to Xpressway, shopping malls, naval base, etc. Beautiful Park, Fun Community events include Ravinia Music nights, Ice cream.

Last Agent to Sell the Property

Arceli Antonio

RE/MAX City License #475133683 Listed on: 04/22/2021

RE/MAX City

Last Buyer's Agent

Diana Arellano

Diana Arellano License #471010109

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,794

Year Built

  • Built in 1993

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 77x168x65x167

HOA Fees

  • $13 Monthly HOA Fees

Parking

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

Home Design

  • Shake Roof
  • Cedar

Interior Spaces

  • 2,558 Sq Ft Home
  • 2-Story Property
  • Family Room Downstairs
  • Combination Dining and Living Room
  • Home Gym
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Woodland Elementary School
  • Woodland Intermediate School
  • Warren Township High School

Utilities

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

Community Details

  • Association fees include scavenger, snow removal
  • Www.Pvha.Net Association, Phone Number (847) 414-9528
  • Providence Village Subdivision
  • Property managed by Providence Village Home Owners Assn

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,794

Year Built

Built in 1993

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 w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Providence Village
  • Year Built: 1993
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 2558
  • Room Type: Exercise Room, Family Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Flooring: Carpet
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar,Eating Area-Table Space
  • Primary Bedroom Bath: Full
  • Family Room Flooring: Hardwood
  • Living Room Flooring: Hardwood
  • Master Bedroom Flooring: Carpet
  • Laundry Flooring: Vinyl
  • Living Room Window Treatments: Bay Window(s)

Exterior Features

  • List Price: 379999
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(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
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Providence Village Home Owners Assn
  • Management Contact Name: www.pvha.net
  • Management Phone: 847-414-9528
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Scavenger, Snow Removal

Schools

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

Lot Info

  • Lot Size Acres: 0.27
  • Lot Dimensions: 77X168X65X167
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9794
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jul 9, 2021
Sold by
Pena Christopher and Pena Lara Vanessa
Bought by
Arellano Deneb and Arellano Monica
Seller's Agent
Arceli Antonio
RE/MAX City
Buyer's Agent
Diana Arellano
Diana Arellano
List Price
$399,999
Sold Price
$386,000
Premium/Discount to List
-$13,999
-3.5%
Current Estimated Value
$513,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,013
Avg. Annual Appreciation
7.31%
Original Mortgage
$379,008
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2017
Sold by
Dudko Aleksandra
Bought by
Pena Christopher and Pena Lara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,355
Interest Rate
3.95%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2012
Sold by
Katdare Ajit S and Katdare Lindee M
Bought by
Dudko Aleksandra

Purchase Details

Closed on
Feb 23, 2011
Sold by
Patra Kaushik and Datta Arunima
Bought by
Katdare Ajit S and Katdare Lindee M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,350
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2008
Sold by
Kroeninger Chris and Kroeninger Kristin
Bought by
Patra Kaushik and Datta Arunima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,800
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2002
Sold by
Washington Mutual Bank
Bought by
Kroeninger Chris and Kroeninger Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,800
Interest Rate
6.87%

Purchase Details

Closed on
Feb 20, 2002
Sold by
Lebeuf Kathleen A
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Apr 22, 2001
Sold by
Higgins Michael A and Higgins Caryn D
Bought by
Lebeuf Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,410
Interest Rate
6.62%

Purchase Details

Closed on
May 15, 1997
Sold by
Gravgaard James M and Koch Jennifer L
Bought by
Higgins Michael A and Higgins Caryn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,500
Interest Rate
8.27%

Purchase Details

Closed on
Dec 14, 1995
Sold by
Brown Patrick Lee and Brown Karna L
Bought by
Gravgaard James M and Koch Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.43%

Purchase Details

Closed on
Dec 17, 1993
Sold by
Komen Company
Bought by
Brown Patrick Lee and Brown Karna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,800
Interest Rate
7.26%

Purchase Details

Closed on
Jul 12, 1993
Sold by
Northern Tr Bank Lake Forest Natl Assn
Bought by
Komen Company
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 $386,000 Chicago Title
Warranty Deed $317,500 Chicago Title
Warranty Deed $253,000 Stewart Title Company
Warranty Deed $255,000 Greater Illinois Title Co
Warranty Deed $338,500 First American Title Ins Co
Warranty Deed $296,000 --
Warranty Deed $300,000 First American Title
Warranty Deed $284,500 --
Warranty Deed $234,500 First American Title
Warranty Deed $225,000 --
Warranty Deed $145,666 Land Title Group Inc
Trustee Deed $32,333 Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $379,008 FHA
Previous Owner $311,355 FHA
Previous Owner $0 No Value Available
Previous Owner $247,350 New Conventional
Previous Owner $270,800 Purchase Money Mortgage
Previous Owner $236,800 No Value Available
Previous Owner $256,410 No Value Available
Previous Owner $204,500 No Value Available
Previous Owner $202,500 No Value Available
Previous Owner $195,800 No Value Available
Closed $20,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $386,000 +1.6% $151 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/24/2021 05/24/21 Price Changed $379,999 -2.6% $149 / Sq Ft
04/25/2021 04/25/21 Price Changed $389,999 -2.5% $152 / Sq Ft
04/21/2021 04/21/21 For Sale $399,999 +58.1% $156 / Sq Ft
06/20/2012 06/20/12 Sold $253,000 -8.7% $99 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
04/20/2012 04/20/12 Price Changed $277,000 -2.5% $108 / Sq Ft
04/12/2012 04/12/12 For Sale $284,000 -- $111 / 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 $11,535 $137,028 $27,108 $109,920
2023 $11,480 $123,515 $24,435 $99,080
2022 $11,480 $121,872 $21,363 $100,509
2021 $10,616 $119,448 $20,506 $98,942
2020 $10,275 $116,512 $20,002 $96,510
2019 $9,980 $113,129 $19,421 $93,708
2018 $10,238 $117,301 $21,827 $95,474
2017 $10,128 $113,940 $21,202 $92,738
2016 $10,049 $108,867 $20,258 $88,609
2015 $9,795 $103,250 $19,213 $84,037
2014 $7,630 $82,287 $18,937 $63,350
2012 $7,234 $82,917 $19,082 $63,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11061872

Midwest Real Estate Data (MRED)

APN: 07-26-107-063