NOT LISTED FOR SALE

579 Old Walnut Cir Gurnee, IL 60031

Estimated Value: $553,000 - $601,000

4 Beds
3.5 Baths
3,090 Sq Ft
$187/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $552,500 $179 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,306/month

10 Days on Market

Highlights

  • Landscaped Professionally
  • Property is near a park
  • Traditional Architecture
  • Woodland Elementary School Rated A-
  • Vaulted Ceiling
  • 3-minute walk to Timberwoods Park

About This Home

As of June 2024

Welcome Home to this STUNNING home in Timberwoods. Nestled amidst the serene beauty of multiple parks and scenic walking trails, this stunning home exudes timeless elegance and modern charm. As you enter, you are greeted by a two-story foyer, illuminated by the warmth of natural light dancing upon gleaming hardwood floors. The spacious living room and adjoining dining area set the stage for formal gatherings, while the adjacent kitchen stands as the heart of the home. Prepare to fall in love with this STUNNING kitchen boasting a HUGE island, adorned with pristine white cabinets, sleek stainless-steel appliances, and a stylish backsplash, perfect for culinary creations and lively entertaining. Relax and unwind in the inviting family room, where walls of windows invite the outdoors in, accompanied by the crackle of a cozy fireplace. A main-level den offers versatility, ideal for a home office or a creative haven for the little ones. Completing the main level is a convenient half bath and a mudroom, ensuring functionality meets style seamlessly. Venture upstairs to discover the luxurious primary suite, a tranquil retreat boasting voluminous ceilings and an opulent en suite, featuring double vanities and a fabulous standalone shower. Three additional spacious bedrooms and a full bath await, providing ample space for rest and rejuvenation. Head down to the finished basement, where endless entertainment possibilities abound, accompanied by a full bathroom and an additional bedroom, offering comfort and convenience for guests or growing families. Outside, the expansive backyard beckons, offering an idyllic setting for al fresco dining and leisurely gatherings under the vast expanse of the open sky. Experience the epitome of luxury living in this captivating home, where every detail has been meticulously crafted to elevate your lifestyle amidst the unparalleled beauty of Timberwoods.

Last Agent to Sell the Property

Lisa Wolf

Keller Williams North Shore West License #471008702 Listed on: 04/25/2024

Keller Williams North Shore West

Last Buyer's Agent

John Korolis

Prime Capital Real Estate License #471004085

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,927

Year Built

  • Built in 1998

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 66x126x97x65x83
  • Landscaped Professionally
  • Paved or Partially Paved Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,090 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Den
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

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
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • Property is near a park

Community Details

  • Timberwoods Subdivision, Chestnut Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,927

Year Built

Built in 1998

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Timberwoods
  • Year Built: 1998
  • Age: 26-30 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
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry
  • LivingArea: 3090
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Den, Eating Area, Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 565000
  • Lot Features: Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 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: 185
  • 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

  • Lot Size Acres: 0.27
  • Lot Dimensions: 66X126X97X65X83
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 11927
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jun 17, 2024
Sold by
Grawe Paul J and Grawe Rita J
Bought by
Maglaras Spiro and Maglaras Zoe
Seller's Agent
Lisa Wolf
Keller Williams North Shore West
Buyer's Agent
John Korolis
Prime Capital Real Estate
List Price
$565,000
Sold Price
$552,500
Premium/Discount to List
-$12,500
-2.21%
Views
93
Current Estimated Value
$577,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,023
Avg. Annual Appreciation
4.27%
Original Mortgage
$497,250
Outstanding Balance
$493,838
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$83,685

Purchase Details

Closed on
Nov 20, 2000
Sold by
Walker Timothy J and Walker Shelley R
Bought by
Wilcox Douglas E and Wilcox Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
7.77%

Purchase Details

Closed on
Apr 6, 1998
Sold by
The Northern Trust Company
Bought by
Walker Timothy J and Walker Shelley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,500
Interest Rate
6%
Source: Public Records

Range of Values:

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Average Value
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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
Maglaras Spiro $552,500 Old Republic Title
Wilcox Douglas E $362,500 --
Walker Timothy J $310,000 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maglaras Spiro $497,250
Previous Owner Grawe Paul J $180,000
Previous Owner Grawe Paul J $80,500
Previous Owner Grawe Paul J $180,000
Previous Owner Wilcox Douglas E $161,111
Previous Owner Wilcox Douglas E $162,500
Previous Owner Walker Timothy J $210,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $552,500 -2.2% $179 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $565,000 -- $183 / 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 $13,223 $153,548 $27,148 $126,400
2023 $11,927 $142,557 $25,205 $117,352
2022 $11,927 $128,362 $25,213 $103,149
2021 $10,783 $123,211 $24,201 $99,010
2020 $10,436 $120,182 $23,606 $96,576
2019 $10,140 $116,693 $22,921 $93,772
2018 $10,982 $127,375 $26,925 $100,450
2017 $10,867 $123,725 $26,153 $97,572
2016 $10,786 $118,217 $24,989 $93,228
2015 $10,512 $112,118 $23,700 $88,418
2014 $8,463 $92,044 $23,397 $68,647
2012 $8,021 $92,749 $23,576 $69,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12039434

Midwest Real Estate Data (MRED)

APN: 07-19-212-003