NOT LISTED FOR SALE

7526 Korbel Dr Gurnee, IL 60031

Estimated Value: $424,162 - $480,000

4 Beds
3 Baths
2,135 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $345,000 $162 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,153/month

6 Days on Market

Highlights

  • Family Room with Fireplace
  • Attached Garage
  • Senior Tax Exemptions
  • Woodland Elementary School Rated A-
  • Soaking Tub

About This Home

As of October 2021

Highly sought-after Mendocino model in desirable Elysian Fields. This gracious home offers 4 bedrooms with 2.5 baths, two-car garage and lovely finished basement with spacious multiple storage options, built-in shelving and cabinets. As you enter on the upgraded brick paver walkway you are greeted by a combined living and dining rooms with soaring ceilings and plenty of natural light creating a warm and inviting atmosphere. The kitchen boasts plenty of storage options, cream painted cabinets, pantry closet, breakfast nook with access through sliding glass doors to patio and professionally landscaped yard. Beautiful family room with built in shelving, decorative nook and gas fireplace perfect for relaxing and entertaining. 1st floor laundry room is located just off the garage with Maytag washer and dryer. On the second floor you'll find the spacious primary suite complimented by a large private bath, walk-in closet with dual sinks, soaking tub and new toilet and flooring. Two additional bedrooms plus a third bedroom or office and full bath complete the second floor. Six-panel doors and custom window treatments additionally add to this spacious open floorplan. Over the last 8 years the home has had several upgrades including being professionally painted with neutral colors, primary bedroom carpet and bathroom flooring. The light fixtures and toilet fixtures have been replaced, ceiling fans added, front brick walkway, gleaming hardwood floors, sump pump with back up battery plus an additional sump pump, new furnace, new hot water heater, garage door opener, GE double door refrigerator with water, Whirlpool microwave and partially finished basement. Garage refrigerator and basement freezer to remain. Great opportunity to own a large home in Elysian Fields. Vineyard Park is nearby with playground equipment and spacious open areas. Conveniently located to all the shopping and abundant activities in the Gurnee area.

Last Agent to Sell the Property

Darla Terrell

Berkshire Hathaway HomeServices Chicago License #475102387 Listed on: 09/07/2021

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Susan Gilhart

Baird & Warner License #475171030

Baird & Warner

Home Details

Home Type

  • Single Family

Year Built

  • 1994

Lot Details

  • 7,841

HOA Fees

  • $21 per month

Parking

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

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Pull Down Stairs to Attic
  • Partially Finished Basement

Bedrooms and Bathrooms

  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Community Details

  • Mike Shannon Association, Phone Number (847) 308-0736
  • Property managed by Elysian Fields Association

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1994

Lot Details

7,841 Sq Ft Lot

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Traditional
  • Directions: Grand Ave South to Vineyard, East to Korbel
  • Lot Size: 49 X 123 X 63 X 126
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Elysian Fields
  • Special Features: None
  • Year Built: 1994

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal
  • Has Basement: Full
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Log, Gas Starter, Includes Accessories
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Pull Down Stair
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump, Air Purifier, Backup Sump Pump;
  • Dining Room Type: Recreation Room

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio, Storms/Screens
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding
  • Lot Features: Landscaped
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Elysian Fields Association
  • Management Contact Name: Mike Shannon
  • Management Phone: 847-308-0736
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Community Features: Park, Tennis Court(s), Lake, Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: Other

Schools

  • Junior High Dist: 121
  • Middle Or Junior School: Woodland Jr High School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 5323.48
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Oct 20, 2021
Sold by
Skarecky James M
Bought by
Minarro Pedro Pablo Mula and Steele Erin Larkin
Seller's Agent
Darla Terrell
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Susan Gilhart
Baird & Warner
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$445,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,844
Avg. Annual Appreciation
6.29%
Original Mortgage
$310,500
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2003
Sold by
Lake Thomas M and Lake Amy E
Bought by
Skarecky James M and Skarecky Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1994
Sold by
Harris Bank Hinsdale
Bought by
Lake Thomas M and Lake Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,700
Interest Rate
8.41%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Minarro Pedro Pablo Mula $345,000 Fidelity National Title
Skarecky James M $300,000 Multiple
Lake Thomas M $187,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minarro Pedro Pablo Mula $310,500
Previous Owner Skarecky James M $160,000
Previous Owner Lake Thomas M $180,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $345,000 0.0% $162 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $345,000 -- $162 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $10,064 $118,926 $16,974 $101,952
2023 $9,156 $110,413 $15,759 $94,654
2022 $9,156 $99,938 $16,429 $83,509
2021 $5,358 $95,928 $15,770 $80,158
2020 $5,323 $93,570 $15,382 $78,188
2019 $5,261 $90,853 $14,935 $75,918
2018 $5,351 $92,399 $16,667 $75,732
2017 $5,376 $89,751 $16,189 $73,562
2016 $5,598 $85,755 $15,468 $70,287
2015 $5,770 $81,331 $14,670 $66,661
2014 $5,734 $69,243 $14,399 $54,844
2012 $5,545 $69,773 $14,509 $55,264
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11180482

Midwest Real Estate Data (MRED)

APN: 07-18-202-010

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