When was property at 7503 Korbel Drive built and last sold?

The property at 7503 Korbel Drive was built in 1994 and last sold on Feb 14, 2018 for $245,000.

How much is this home worth?

The estimated value of the home located at 7503 Korbel Drive is $284,824.

What are some comparable homes to 7503 Korbel Drive?

There are currently no comparable homes to 7503 Korbel Drive.

Gurnee

60031

Elysian Fields

7503 Korbel Drive

Sold on Feb 15, 2018

Map

$245,000

● House - Off Market

7503 Korbel Drive

GURNEE, IL 60031

5 Beds

3 Baths

2,400 Ft²

$422,425

RealtyHop Estimate

56.45%

Since Mar 1, 2018

National-US

Primary Model

About This Property

Spacious 6 total bedrooms: 4 bedrooms on the top floor. 1 bedroom on the main floor. 1 bedroom in the basement. 1 master bedroom bathroom, 2 additional full bathrooms. Brand new roof April 2017, Living room, recreational room w/ gas fireplace, Spacious kitchen and dining room combo with sliding door that leads to patio for your enjoyment, ample backyard with shed,

Unit Size

2,400 Ft²

Days on Market

Land Size

0.20 acres

Price per sqft

$113

Property Type

House

Property Taxes

$702

HOA Dues

Year Built

1994

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Property Highlights

Air Conditioning

Fireplace

Garage

Building Info

Overview

General

Year Built: 1994

Effective Year Built: 1994
Building Count: 1
Bedroom Count: 6
Bathroom Count: 4
Full Bathrooms: 3
Partial Bathrooms: 4
Bathroom Plumbing Fixtures: 12
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: 59
Porch Type: 102
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,712

Total Building Area: 4,055
Gross Building Area: 4,055
Building Area: 2,385
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 2,385
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: 0000000200
Standard Land Use Code: 1001
County Land Use Code: 40
Legal Description 1: ELYSIAN FIELDS PHASE 1; LOT 251

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: 07-18-208-011
Lot: 251
Municipality: TWP OF WARREN
Latitude: 42.3833
Longitude: -87.9888

Address

Full Address: 7503 Korbel Dr

Address - House Number: 7503
Address - Street Name: Korbel
Address - Suffix Type: Dr
State: IL
City Name: Gurnee
Carrier Code: R010
4-Digit Zip Code: 5131
Zip Code: 60031

Valuation

Tax

Tax Year: 2022

Tax Amount: $817,052
Tax Rate Code Area: 8029

Appraisal Valuation

Standard Deviation: 0.1692

Valuation Date: Feb 28, 2024
Confidence Score: 78
Final Value: 394,460
High Value: 461,204
Low Value: 327,716

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $366,342

Market Land Value: $52,532
Market Improvement Value: $313,810

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $122,102
Assessed Land Value: $17,509
Assessed Improvements Value: $104,593

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Feb 14, 2018

Current Sale Recording Date: Mar 06, 2018
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 7467723
Previous Sale Recording Date: Feb 28, 2000
Previous Sale Contract Date: Feb 11, 2000
Previous Sale Document Type: 42

Last Sale Mortgage

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Financing

First Mortgage Financing Type: FIX

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

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Comparables

About Elysian Fields

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$168

Below Asking

0.01%

Average Days on Market

Average Home Size

1946 ft²

Average Home Age

31.3 years

Currently For Sale

4 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

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$2,800 /mo

4 Beds
1 Bath
1,625 ft²

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Unit for rent at 18768 W Highfield Drive, Lake Villa, IL, 60046

$6,300 /mo

4 Beds
3 Baths
3,735 ft²

18768 W Highfield Drive, Lake Villa, IL, 60046 Listing by Renee Hughes

Unit for rent at 722 Aster Drive, Gurnee, IL, 60031

$4,095 /mo

4 Beds
2 Baths
4,516 ft²

722 Aster Drive, Gurnee, IL, 60031 Listing by Marty Rinehart

Rentals Near You

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Listed by: Herbert Gonzalez, Herbert A. Gonzalez
Data Source: MRED, MLS# MRD09611680

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.