$515,000
SOLD OCT 13, 2021

7498 Abbey Rd Gurnee, IL 60031

5 Beds
4 Baths
4,305 Sq Ft
0.29 Acres

Recently Sold

$120 Per Sq Ft

2 Days on Market

Highlights

  • Family Room with Fireplace
  • Whirlpool Bathtub
  • Attached Garage
  • Woodland Elementary School Rated A-
  • Formal Dining Room
  • 2-minute walk to Timberwoods Park

About This Home

As of October 2021

THIS IS THE ONE! This impeccably cared for home is nestled among mature trees in the popular Kingsport Woods neighborhood, has countless custom updates and is ready for you to move in! From the moment you arrive, the beautifully landscaped yard and charming front porch with New Front Door welcome you to this impressive 5 Bed, 4 Bath home with 3 Car Garage. Every space in this home is more charming than the last with an Updated Kitchen, Updated High End Bathrooms, Custom Molding and Built-Ins, Hardwood Floors, Updated Lighting, New Mechanicals, Private Backyard and So Much More! You enter to find gleaming hardwood floors and soaring ceilings in the Foyer and spacious Living and Dining Rooms. As you venture past the dual staircase, you will feel as if you stepped straight into a Pottery Barn image. The Renovated Family Room has a dramatic 2-story ceiling, NEW Fireplace, and Custom High-End Built-Ins. The open floorplan is perfect for gathering with family and friends in the beautiful Updated Kitchen with Custom White Cabinets, Center Island, New Quartz Counters, New Stainless Steel appliances and spacious eat-in area. Enjoy your very own personal retreat in the private backyard with expansive Newer Deck and Firepit area for those chilly winter evenings. But there's more! There's a spacious In-Law Suite on the Main Floor with beautiful bedroom overlooking the backyard and adjacent Updated Full Bathroom. The large Mud Room with Custom Built-Ins has plenty of coat and shoe storage. Retreat upstairs to the sunny Fully Renovated Master Suite with High-End Custom Marble Bathroom and separate Designer Shower. Another Updated Full Bathroom, 3 more spacious Bedrooms, New Loft and New Laundry Room upstairs with ample storage. The Finished Basement is a perfect getaway location with another living space, Full Bathroom and separate area perfect for a home gym or play room. More Updates: New Carpet and Hardwood (2021,2019), Interior Repainted (2021), Kitchen Renovation (2021), Master Suite Renovation (2020), New Furnace and A/C (2020), New Washer (2020), New Dishwasher (2018), New Front Door (2017), Basement Renovation (2016), Family Room Renovation (2016), New Sump Pump (2016), Mud Room Renovation (2015), New Deck (2015), Main Floor Master Suite Renovation (2014), New Front Door (2017), Basement Renovation (2016), Family Room Renovation (2016), New Sump Pump (2016), Mud Room Renovation (2015), New Deck (2015), Main Floor & Upper Hall Bathroom Renovations (2014), New Dryer (2014), New Water Heater (2014), All New Lighting. Enjoy the beauty of this incredible home, just moments from forest preserves, parks, shopping, transportation. Sought after Gurnee schools.

Last Agent to Sell the Property

Nannette Porter

@properties Christie's International Real Estate License #475174754 Listed on: 08/26/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Stewart Ramirez

E- Signature Realty License #471020107

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,760

Year Built

  • 1996

HOA Fees

  • $25 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Interior Spaces

  • 4,305 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Finished Basement Bathroom

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Community Details

  • Representative Association, Phone Number (847) 543-4802
  • Property managed by KINGSPORT WOODS

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,760

Year Built

1996

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 21-25 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
  • New Construction Y/N: No
  • Directions: WASHINGTON E OF 45 TO KINGPORT E2 CASCADE STRAWBERRY E2
  • Lot Size: 37X132X122X129X40
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Kingsport Woods
  • Special Features: None
  • Year Built: 1996

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: Partial
  • Fireplace Features: Gas Log, Gas Starter
  • Estimated Total Finished Sq Ft: 4305
  • Assessed Sq Ft: 3146
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3214
  • Basement Sq Ft: 1502
  • Fireplace Location: Family Room
  • Total Sq Ft: 4716
  • Unfinished Basement Sq Ft: 411
  • Upper Level Sq Ft: 1645
  • Main Level Sq Ft: 1569
  • Full Bathrooms: 4
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1091
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, In-Law Arrangement, Second Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Coffered Ceiling(s), Open Floorplan, Special Millwork
  • Other Equipment: Humidifier, Ceiling Fan(s), Sump Pump, Radon Mitigation System
  • Dining Room Type: Recreation Room, Bedroom 5, Eating Area, Loft, Exercise Room, Foyer, Mud Room, Utility Room-Lower Level, Walk In Closet, Deck

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio, Storms/Screens
  • Exterior Building Type: Vinyl Siding,Cedar
  • Lot Features: Nature Preserve Adjacent, Wooded, Mature Trees
  • Other Structures: Shed(s)
  • Waterfront: No

Garage/Parking

  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Sink
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: KINGSPORT WOODS
  • Management Contact Name: Representative
  • Management Phone: 847-543-4802
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: Insurance

Schools

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

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 10792.2
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 12, 2021
Sold by
Tomasiewicz David B and Tomasiewicz Terri Ann
Bought by
Heiser Mark E and Heiser Fides G
Seller's Agent
Nannette Porter
@properties Christie's International Real Estate
Buyer's Agent
Stewart Ramirez
E- Signature Realty
List Price
$515,000
Sold Price
$515,000
Current Estimated Value
$626,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,112
Avg. Annual Appreciation
4.78%
Original Mortgage
$469,989
Outstanding Balance
$429,042
Interest Rate
2.25%
Mortgage Type
VA
Estimated Equity
$185,682

Purchase Details

Closed on
Aug 9, 2021
Sold by
Simonsen John P and Simonsen Leslie G
Bought by
Tomasiewicz David B and Tomasiewicz Terri Ann

Purchase Details

Listed on
Mar 12, 2014
Closed on
May 23, 2014
Sold by
Mcbride Christopher and Mcbride Manisa
Bought by
Simonsen John P and Simonsen Leslie G
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Nancy Gibour
Century 21 Affiliated
List Price
$370,000
Sold Price
$336,000
Premium/Discount to List
-$34,000
-9.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%

Purchase Details

Listed on
Jan 1, 2012
Closed on
Mar 7, 2012
Sold by
Federal National Mortgage Association
Bought by
Mcbride Christopher and Mcbride Manisa
Seller's Agent
John Dulek
Century 21 Affiliated Maki
Buyer's Agent
Faye Ceaser
Freedom Realty
List Price
$282,000
Sold Price
$273,000
Premium/Discount to List
-$9,000
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Original Mortgage
$266,079
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2011
Sold by
Threatt Arthur M and Case 10 Ch 06412
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 11, 2004
Sold by
Xu Xiangdong and Liu Yaya
Bought by
Threatt Arthur and Threatt Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1996
Sold by
Cole Taylor Bank
Bought by
Xu Xiangdong and Liu Yaya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,235
Interest Rate
6.37%
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 $515,000 Chicago Title
Quit Claim Deed -- None Available
Warranty Deed $336,000 Fidelity National Title
Special Warranty Deed $278,000 Attorneys Title Guaranty Fun
Sheriffs Deed -- None Available
Warranty Deed $420,000 St
Joint Tenancy Deed $278,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $469,989 VA
Previous Owner $16,000 Future Advance Clause Open End Mortgage
Previous Owner $266,079 FHA
Previous Owner $40,000 Credit Line Revolving
Previous Owner $381,000 Unknown
Previous Owner $372,000 Unknown
Previous Owner $294,000 Purchase Money Mortgage
Previous Owner $295,000 Unknown
Previous Owner $299,000 Unknown
Previous Owner $298,500 Unknown
Previous Owner $217,000 Unknown
Previous Owner $222,235 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $515,000 0.0% $120 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $515,000 +53.3% $120 / Sq Ft
05/23/2014 05/23/14 Sold $336,000 -6.7% $107 / Sq Ft
04/24/2014 04/24/14 Pending -- -- --
03/31/2014 03/31/14 Price Changed $360,000 -2.7% $115 / Sq Ft
03/12/2014 03/12/14 For Sale $370,000 +35.5% $118 / Sq Ft
03/13/2012 03/13/12 Sold $273,000 -3.2% $87 / Sq Ft
01/13/2012 01/13/12 Pending -- -- --
01/01/2012 01/01/12 For Sale $282,000 -- $90 / 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 $13,760 $170,748 $31,229 $139,519
2023 $12,691 $148,017 $27,072 $120,945
2022 $12,691 $136,198 $27,080 $109,118
2021 $11,475 $130,733 $25,993 $104,740
2020 $11,107 $127,519 $25,354 $102,165
2019 $10,792 $123,817 $24,618 $99,199
2018 $11,990 $138,507 $33,586 $104,921
2017 $11,865 $134,539 $32,624 $101,915
2016 $11,779 $128,548 $31,171 $97,377
2015 $11,483 $121,916 $29,563 $92,353
2014 $8,303 $90,418 $29,165 $61,253
2012 $7,869 $91,110 $29,388 $61,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11198596

Midwest Real Estate Data (MRED)

APN: 07-19-201-029