NOT LISTED FOR SALE

7438 Korbel Dr Gurnee, IL 60031

Estimated Value: $464,000 - $509,847

4 Beds
3 Baths
2,717 Sq Ft
$179/Sq Ft Est. Value

About This Home

This home is located at 7438 Korbel Dr, Gurnee, IL 60031 and is currently estimated at $485,212, approximately $178 per square foot. 7438 Korbel Dr is a home located in Lake County with nearby schools including Woodland Primary School, Woodland Intermediate School, and Woodland Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2006
Sold by
Chicago Title Land Trust Co
Bought by
Mago Nestor S and Mago Ana Luisa M
Current Estimated Value
$485,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Outstanding Balance
$41,938
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$426,090

Purchase Details

Closed on
Mar 27, 2006
Sold by
Diamond Mark
Bought by
Chicago Title Land Trust Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2006
Sold by
Kauffman Larry and Kauffman Robyn
Bought by
Diamond Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 1994
Sold by
Harris Bank Hinsdale
Bought by
Kauffman Larry and Kauffman Robyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
9.2%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Mago Nestor S $340,000 First American Title
Chicago Title Land Trust Co $260,000 Lawyers
Diamond Mark -- Lawyers
Kauffman Larry $226,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mago Nestor S $68,000
Open Mago Nestor S $272,000
Previous Owner Kauffman Larry $175,000
Source: Public Records

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 $12,245 $142,831 $21,957 $120,874
2023 $12,245 $132,607 $20,385 $112,222
2022 $11,310 $122,030 $21,253 $100,777
2021 $10,224 $117,134 $20,400 $96,734
2020 $9,895 $114,255 $19,899 $94,356
2019 $9,613 $110,938 $19,321 $91,617
2018 $10,003 $116,561 $25,008 $91,553
2017 $9,897 $113,221 $24,291 $88,930
2016 $9,821 $108,179 $23,209 $84,970
2015 $9,569 $102,598 $22,012 $80,586
2014 $8,288 $90,265 $23,964 $66,301
2012 $7,855 $90,957 $24,148 $66,809
Source: Public Records

Map

Illinois Lake County Gurnee 60031

7438 Korbel Dr, Gurnee, IL

This home is located at 7438 Korbel Dr, Gurnee, IL 60031 and is currently estimated at $485,212, approximately $178 per square foot. 7438 Korbel Dr is a home located in Lake County with nearby schools including Woodland Primary School, Woodland Intermediate School, and Woodland Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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