When was property at 7489 Korbel Drive built and last sold?

The property at 7489 Korbel Drive was built in 1994 and last sold on Apr 21, 2023 for $420,000.

How much is this home worth?

The estimated value of the home located at 7489 Korbel Drive is $421,635.

What are some comparable homes to 7489 Korbel Drive?

There are currently no comparable homes to 7489 Korbel Drive.

Gurnee

60031

Elysian Fields

7489 Korbel Drive

$420,000

● House - Off Market

7489 Korbel Drive

Gurnee, IL 60031

4 Beds

3 Baths, 1 Half Bath

2,469 Ft²

$413,078

RealtyHop Estimate

0.78%

Since Jun 1, 2023

National-US

Primary Model

About This Property

Welcome Home to Sought After Elysian Fields! You will Fall in Love with this 4 Bedroom 2.1 Bath Home with Finished Basement! Dramatic 2 Story Entry with Soaring Staircase Opens to Grand Living and Dining Room Perfect for all Your Family Entertaining. The Heart of the Home is the STUNNING 4 Year Old Custom Kitchen! Huge Island for All Your Family Gatherings adorned with Exotic Granite, Glass Backsplash that is Focul Point to 5 Burner Cooktop and Vent! Stainless Steel Appliances, Crown Molding, Pull out Drawers and More. Memories Will Be Made in this Gourmet Kitchen that Opens to the Spacious Family Room that Overlooks the NEWER Deck and Huge Backyard! This Home Has Fantastic Natural Light With so Many Windows! Master Suite with 2 Walk in Closets, Dual Granite Vanities, Soaking Tub and Separate Shower! 3 More Generous Sized Bedrooms and Dual Vanity Granite Hall Bath! Enjoy More Family Gatherings in the Finished Basement with Plenty of Storage! 2023 Water Heater, 2018 Furnace, 2015 Roof! Steps to the Best Shopping and Entertainment, Close to Major expressway! Top Gurnee Schools, Park District, Walking Paths and More! Begin Your Next Chapter at 7489 Korbel Drive! It Just Doesn't Get Better Than This!

Unit Size

2,469 Ft²

Days on Market

Land Size

0.19 acres

Price per sqft

$166

Property Type

House

Property Taxes

$749

HOA Dues

Year Built

1994

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11747200)

Price History

Date / Event	Date	Event
May 5, 2023	Sold	Premium
Sold
Mar 29, 2023	Listed by RE/MAX Suburban	$409,900
Listed by RE/MAX Suburban

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1994

Effective Year Built: 1994
Building Count: 1
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 10
Building Condition: 6
Building Quality: 4
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: 1,208
Garage Type: 1
Garage Square Area: 462
Parking Space Count: 2
Patio Type: 3
Porch Type: 102
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,276

Total Building Area: 4,139
Gross Building Area: 4,139
Building Area: 2,469
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 2,469
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ELYSIAN FIELDS PHASE 1
Land Acres: 0000000190
Standard Land Use Code: 1001
County Land Use Code: 40
Legal Description 1: ELYSIAN FIELDS PHASE 1; LOT 253

Neighborhood

School District Name: Warren Township High School District 121

Census Tract: 861609

Geography

Assessors Map Reference: 2477-A5

District: WARREN
Subdivision Phase Number: 1
Parcel: 07-18-208-013
Lot: 253
Municipality: TWP OF WARREN
Latitude: 42.383
Longitude: -87.9886

Address

Full Address: 7489 Korbel Dr

Address - House Number: 7489
Address - Street Name: Korbel
Address - Suffix Type: Dr
State: IL
City Name: Gurnee
Carrier Code: R010
4-Digit Zip Code: 5130
Zip Code: 60031

Valuation

Tax

Tax Year: 2022

Tax Amount: $993,926
Tax Rate Code Area: 8029

Appraisal Valuation

Standard Deviation: 0.1692

Valuation Date: Feb 28, 2024
Confidence Score: 78
Final Value: 430,531
High Value: 503,378
Low Value: 357,684

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $361,614

Market Land Value: $49,904
Market Improvement Value: $311,710

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $120,526
Assessed Land Value: $16,633
Assessed Improvements Value: $103,893

Sales

Current Sale Contract Date: Apr 21, 2023

Current Sale Recording Date: May 10, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 7972482
Previous Sale Recording Date: Sep 04, 1998
Previous Sale Contract Date: Aug 24, 1998
Previous Sale Amount: $233,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Elysian Fields

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$170

Below Asking

0.01%

Average Days on Market

Average Home Size

1884 ft²

Average Home Age

31 years

Currently For Sale

3 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 37061 N Bonnie Brae Road, Lake Villa, IL, 60046

$3,700 /mo

4 Beds
2 Baths
2,862 ft²

37061 N Bonnie Brae Road, Lake Villa, IL, 60046 Listing by Venkateshwar Talari

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

Unit for rent at 34191 N Horseshoe Lane, Gurnee, IL, 60031

$3,600 /mo

3 Beds
2 Baths
1,612 ft²

34191 N Horseshoe Lane, Gurnee, IL, 60031 Listing by Rajesh Sharma

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Sadie Winter, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 11747200

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

7489 Korbel Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Elysian Fields

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions