See Home Value
Gurnee 60031 Timberwoods
507 Old Walnut Circle
$475,000
● House - Off Market

507 Old Walnut Circle

Gurnee, IL 60031
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,916 Ft²
$517,660
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

EXTREME VALUE!...WELCOME HOME!  Nestled perfectly in this ideal neighborhood called Timberwoods. This home has a Partial Brick & Cedar Front and Relaxing Front Porch! Appreciate ALL the extra space in this 6 Bedroom, Bonus Room, Office, 3.1 Bathroom, HUGE Finished Basement, and partial fence in Backyard.  3916 sq ft above ground and another 1522 sq ft in the finished basement with a TOTAL OF 5438 sq ft!!  Amazing Open Floor Plan with Double Level Windows in the Family Room. The Gourmet Kitchen has Hardwood Floors, Extended Countertops, SS Appliances and Custom 42" Cabinets with Center Island.  The Main Level includes an additional Home Office and Bonus Room!  Upstair Bedrooms are ALL Oversized with the Master Bedroom being the Extended King of them all with 2 deep walk-in closets! Relax in your Master Spa like Bathroom with Jacuzzi tub & separate shower. Dual A/C & Furnace for Energy Efficient Zone Controls.  The Oversized Finished Basement has 2 More Rooms, a Full Bathroom and Plenty of Storage.  Don't forget the Partial Fenced in Wooded Backyard and Appealing Park Down the Street. 2022 New Carpet Basement and in selected rooms. 2022 New interior painting Basement, New flooring Laundry Room, Refrigerator, Dryer, 2019 Washer, 2017 ROOF & SIDING, Sump Pump & Water Heater   Close to major retail, award winning schools and Hwy.  This is a Must See before we go live!
Unit Size
3,916 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$125
Property Type
House
Property Taxes
$1,050
HOA Dues
$23
Year Built
1998

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Last updated: 3 years ago (MRED MLS #11678004)

Price History

Date / Event Date Event Price
Jan 18, 2023 Sold
Sold
Dec 2, 2022 Listed by Keller Williams North Shore West $489,000
Listed by Keller Williams North Shore West
Dec 2, 2018 No longer available -
No longer available
Oct 31, 2018 Relisted $424,900
Relisted
Oct 29, 2018 No longer available -
No longer available
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,911
  • Garage Type: 1
  • Garage Square Area: 468
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 6,129
  • Gross Building Area: 6,129
  • Building Area: 3,750
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,750
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBERWOODS UNIT 1
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: TIMBERWOODS UNIT 1; LOT 103

Neighborhood

  • School District Name: Warren Township High School District 121
  • Census Tract: 861611

Geography

  • Assessors Map Reference: 2477-A7
  • District: WARREN
  • Parcel: 07-19-212-009
  • Lot: 103
  • Municipality: TWP OF WARREN
  • Latitude: 42.3678
  • Longitude: -87.9848

    Address

  • Full Address: 507 Old Walnut Cir
  • Legal Unit: 1
  • Address - House Number: 507
  • Address - Street Name: Old Walnut
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Gurnee
  • Carrier Code: R009
  • 4-Digit Zip Code: 5332
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,393,664
  • Tax Rate Code Area: 8029

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 557,953
  • High Value: 657,704
  • Low Value: 458,203

    Market Valuation

  • Market Total Value: $470,903
  • Market Land Value: $64,422
  • Market Improvement Value: $406,481

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,952
  • Assessed Land Value: $21,472
  • Assessed Improvements Value: $135,480

    Sales

  • Current Sale Contract Date: Jan 03, 2023
  • Current Sale Recording Date: Feb 09, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7957753
  • Previous Sale Recording Date: Dec 17, 2018
  • Previous Sale Contract Date: Nov 27, 2018
  • Previous Sale Amount: $419,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Timberwoods


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7624 Beringer Court, Gurnee, IL, 60031

$3,700 /mo

  • 4 Beds
  • 3 Baths
  • 2,922 ft²
7624 Beringer Court, Gurnee, IL, 60031 Listing by Sheila Lee
Unit for rent at 1601 Newgate Court, Gurnee, IL, 60031

$3,500 /mo

  • 3 Beds
  • 3 Baths
  • 2,148 ft²
1601 Newgate Court, Gurnee, IL, 60031 Listing by Nataliia Burylina


Frequently Asked Questions

When was property at 507 Old Walnut Circle built and last sold?
The property at 507 Old Walnut Circle was built in 1998 and last sold on Jan 3, 2023 for $475,000.
How much is this home worth?
The estimated value of the home located at 507 Old Walnut Circle is $505,143.
What are some comparable homes to 507 Old Walnut Circle?
There are currently no comparable homes to 507 Old Walnut Circle.