NOT LISTED FOR SALE

7518 Korbel Dr Gurnee, IL 60031

Estimated Value: $366,770 - $417,000

3 Beds
2 Baths
1,497 Sq Ft
$259/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $285,000 $190 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,745/month

1 Day on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Stainless Steel Appliances
  • Woodland Elementary School Rated A-
  • Wood Flooring
  • Fenced Yard

About This Home

As of September 2020

What a lovely house to call home! Upon entering, you'll enjoy the vaulted living/dining room with huge sun-filled windows. The architectural cut out wall adds an open floor plan between the kitchen, living/dining, family room areas. Imagine using the family room as an extension of the kitchen making a lovely country kitchen! The kitchen was upgraded to include 42" maple cabinets that include a 40" pantry unit. All stainless appliances and an oversized island complete with hard surface counter tops. You will love the maple floors that extend thru the entire home except for bedrooms. The home has just been totally painted inside. A large primary bedroom with a bathroom suite that includes a double sink vanity, private commode room and tub with shower. Two extra bedrooms. Large laundry/mud room complete with washer/dryer and space for cubies! Use your imagination to finish the full lower level which features high ceilings, utility sink, a full size freezer and many storage shelves. The fenced back yard is manicured with mature landscaping and large patio. Two car garage with storage shelving. This home is immaculate and totally ready to welcome home its new owners! Close to shopping, dining, recreational parks and the Interstate.

Last Agent to Sell the Property

Janet Knight-Carey

Berkshire Hathaway HomeServices Chicago License #475130220 Listed on: 08/05/2020

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Glenn Rickel

Redfin Corporation License #471000802

Redfin Corporation

Home Details

Home Type

  • Single Family

Year Built

  • 1994

Lot Details

  • 7,405

HOA Fees

  • $23 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Fenced Yard
  • Property is near bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1994

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Interstate Access
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1497
  • Unfinished Basement Sq Ft: 1497
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1994
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Total Sq Ft: 2994
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X21, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Sump Pump, Air Exchanger
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 9X6, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 19X19, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 18X14, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1497
  • Estimated Total Finished Sq Ft: 1497
  • Basement Sq Ft: 1497
  • Main Level Sq Ft: 1497
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 12X19, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.17

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Common Insurance
  • Assessment Association Fees: 275

Schools

  • Junior High Dist: 50

Lot Info

  • Lot Dimensions: 68X116X59X120
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 07182020110000

Tax Info

  • Taxes: 4418.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Sep 6, 2020
Sold by
Thill Holly A
Bought by
Widenhoefer Craig A and Widenhoefer Ingrid A
Seller's Agent
Janet Knight-Carey
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Glenn Rickel
Redfin Corporation
List Price
$255,000
Sold Price
$285,000
Premium/Discount to List
$30,000
11.76%
Current Estimated Value
$393,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,721
Avg. Annual Appreciation
5.90%
Original Mortgage
$270,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2018
Sold by
Crunkilton Heather C
Bought by
Crunkilton Heather C and The Terms And Provisions Of A

Purchase Details

Closed on
Nov 1, 1994
Sold by
Harris Bank Hinsdale
Bought by
Crunkilton Heather C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Widenhoefer Craig A $285,000 First American Title
Crunkilton Heather C -- Attorney
Crunkilton Heather C $162,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Widenhoefer Craig A $270,750
Previous Owner Crunkilton Heather C $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2020 09/08/20 Sold $285,000 +11.8% $190 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $255,000 -- $170 / 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 $8,208 $98,581 $16,030 $82,551
2023 $8,457 $91,525 $14,883 $76,642
2022 $8,457 $92,757 $15,516 $77,241
2021 $7,639 $89,035 $14,893 $74,142
2020 $4,470 $86,847 $14,527 $72,320
2019 $4,418 $84,325 $14,105 $70,220
2018 $4,472 $68,063 $15,741 $52,322
2017 $4,515 $66,113 $15,290 $50,823
2016 $4,701 $63,169 $14,609 $48,560
2015 $4,845 $59,910 $13,855 $46,055
2014 $5,580 $67,675 $13,598 $54,077
2012 $5,399 $68,193 $13,702 $54,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10807396

Midwest Real Estate Data (MRED)

APN: 07-18-202-011