NOT LISTED FOR SALE

531 Old Walnut Cir Gurnee, IL 60031

Estimated Value: $594,669 - $635,000

6 Beds
4 Baths
3,818 Sq Ft
$161/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $430,000 $113 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,587/month

11 Days on Market

Highlights

  • Sauna
  • Colonial Architecture
  • Deck
  • Woodland Elementary School Rated A-
  • Landscaped Professionally
  • 4-minute walk to Timberwoods Park

About This Home

As of April 2015

"EXTRAORDINARY SIZABLE INVITING HOME! New exterior roof/siding/gutters/screens,w/sprinkler system,raised garden,fenced-in prof. landscaped yard, MALIBU lighting, 2-tier deck, ext drive. DRAMATIC INTERIOR refinished hardwood floors, gourmet kitchen, w/granite tops/island, SS appl, Bonus Room, Office, Craft Studio, Exercise Room, Sauna, Steam Room/Bath, 6 bedrooms and space for entertaining. This is the home to buy!"

Last Agent to Sell the Property

Corey Barker

Keller Williams North Shore West License #475162994 Listed on: 03/08/2015

Keller Williams North Shore West

Last Buyer's Agent

Lisa Wolf

Keller Williams North Shore West License #471008702

Keller Williams North Shore West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,173

Year Built

  • 1998

Lot Details

  • Fenced Yard
  • Landscaped Professionally
  • Wooded Lot

HOA Fees

  • $15 per month

Parking

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

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Dry Bar
  • Vaulted Ceiling
  • Wood Burning Stove
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Recreation Room
  • Bonus Room
  • Play Room
  • Storage Room
  • Laundry on main level
  • Utility Room with Study Area
  • Sauna
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Double Shower
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Finished Basement

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

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,173

Year Built

1998

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1998
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Sauna/Steam Room, Bar-Dry, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 15
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, TV-Cable, Security System, Ceiling Fan, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;
  • Fireplace Details: Wood Burning Stove, Attached Fireplace Doors/Screen, Gas Logs, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Below Grade Bedrooms: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Full Body Spray Shower, Double Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 11X6, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 15X10, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 19X20, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Bonus, 5th Bedroom, 6th Bedroom, Deck, Exercise Room, Play Room, Recreation Room, Study, Storage
  • Master Bedroom: Dimensions: 25X18, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 14X11, On Level: Basement, Flooring: Carpet, Windows: None
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 14X10, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 12X16, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Bonus, Dimensions: 13X17, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 3: Dimensions: 13X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Recreation Rm, Dimensions: 32X20, On Level: Basement, Flooring: Carpet, Windows: Shades
  • Bedroom 4: Dimensions: 12X17, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Playroom, Dimensions: 16X7, On Level: Basement, Flooring: Wood Laminate, Windows: None
  • Additional Room 6 Name: Exercise Rm, Dimensions: 13X12, On Level: Basement, Flooring: Other, Windows: Blinds
  • Additional Room 7 Name: Storage, Dimensions: 17X12, On Level: Basement, Flooring: Other, Windows: None
  • Additional Room 8 Name: Deck, Dimensions: 14X38, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 9 Name: Study, Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Estimated Sq Ft: 3818
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X17, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.23

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.1
  • Driveway: Asphalt, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 175

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: 10,019 SQ FT
  • Lot Description: Fenced Yard, Landscaped Professionally, Wooded
  • Parcel Identification Number: 07192120070000

Tax Info

  • Taxes: 10968

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2017
Sold by
Konstantin Moshe and Walnut Circle Llc
Bought by
Rivero Rafael R and Rivero Rosalinda
Current Estimated Value
$614,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,085,000
Outstanding Balance
$3,450,716
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
-$2,836,580

Purchase Details

Listed on
Mar 8, 2015
Closed on
Apr 27, 2015
Sold by
Mitsch Lawrence J and The Lawrence J Mitsch Revocabl
Bought by
Walnut Circle Llc
Seller's Agent
Corey Barker
Keller Williams North Shore West
Buyer's Agent
Lisa Wolf
Keller Williams North Shore West
List Price
$449,900
Sold Price
$430,000
Premium/Discount to List
-$19,900
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%

Purchase Details

Closed on
Sep 12, 2010
Sold by
Mitsch Lawrence J and Mitsch Sandra H
Bought by
Mitsch Lawrence J and The Lawrence J Mitsch Revocabl

Purchase Details

Closed on
Jul 24, 1998
Sold by
The Northern Trust Company
Bought by
Mitsch Lawrence J and Mitsch Sandra H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.06%
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
Rivero Rafael R $430,000 First American Title Insuran
Walnut Circle Llc $430,000 First American Title
Mitsch Lawrence J -- None Available
Mitsch Lawrence J $339,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Rafael R $100,000
Closed Rivero Rafael $85,500
Open Rivero Rafael R $389,000
Open Rivero Rafael R $4,085,000
Previous Owner Mitsch Lawrence J $65,000
Previous Owner Mitsch Lawrence J $343,000
Previous Owner Mitsch Lawrence J $10,000
Previous Owner Mitsch Lawrence J $345,000
Previous Owner Mitsch Lawrence J $25,000
Previous Owner Mitsch Lawrence J $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $430,000 -4.4% $113 / Sq Ft
03/19/2015 03/19/15 Pending -- -- --
03/08/2015 03/08/15 For Sale $449,900 -- $118 / 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 $14,173 $163,958 $23,127 $140,831
2023 $13,869 $152,222 $21,472 $130,750
2022 $13,869 $148,290 $21,478 $126,812
2021 $12,543 $142,340 $20,616 $121,724
2020 $12,142 $138,841 $20,109 $118,732
2019 $11,798 $134,810 $19,525 $115,285
2018 $12,206 $137,831 $22,936 $114,895
2017 $12,358 $133,882 $22,279 $111,603
2016 $12,296 $127,921 $21,287 $106,634
2015 $11,424 $121,321 $20,189 $101,132
2014 $10,968 $117,523 $19,930 $97,593
2012 -- $118,423 $20,083 $98,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08855487

Midwest Real Estate Data (MRED)

APN: 07-19-212-007