2903 N Magellan Dr McHenry, IL 60051
West Palm Beach NeighborhoodEstimated Value: $247,000 - $289,000
3
Beds
2
Baths
1,354
Sq Ft
$196/Sq Ft
Est. Value
Highlights
- Boat Dock
- Wooded Lot
- Whirlpool Bathtub
- Community Lake
- Ranch Style House
- Formal Dining Room
About This Home
As of March 2024Welcome to 2903 N. Magellan Dr! Enjoy the perks of lake living & watch some amazingly beautiful sunsets at community the beach on Pistakee Bay without the high taxes of waterfront living. Whether you are searching for a year-round home or a possible investment property/summer house, this home checks all the boxes. This updated & move-in ready ranch features 3 bedrooms, 2 full baths, modern kitchen with stainless steel appliances, under cabinet lighting, ample counter space & a breakfast bar. An abundance of natural light from the large windows & open concept living create a sense of serenity throughout. Dining room just off the kitchen has plenty of room for entertaining. The woodburning stone fireplace in the living room creates a cozy space to snuggle up with loved ones on those cold winter nights. The primary suite offers a private bath with double vanity sinks, whirlpool tub & walk-in closet. Partial basement is being used as an art studio right now, but could be a great workshop or office too! Fenced yard features a spacious deck, play set, & storage shed. This is a nice & quiet community with a private association beach & boat slips in walking distance from the home. Per McHenry County, a garage is possible if you choose to build one! This home is not in flood plain. No HS contingencies please.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,829
Year Built
- Built in 1937
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 104x100x104x100
- Fenced Yard
- Paved or Partially Paved Lot
- Wooded Lot
HOA Fees
Home Design
- Ranch Style House
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,354 Sq Ft Home
- Wood Burning Fireplace
- Family Room with Fireplace
- Formal Dining Room
- Laminate Flooring
- Unfinished Attic
- Laundry on main level
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Solar Tube
Partially Finished Basement
- Partial Basement
- Crawl Space
Parking
- 5 Parking Spaces
- Driveway
- Uncovered Parking
- Visitor Parking
- Parking Space is Owned
Outdoor Features
- Tideland Water Rights
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Well
- Private or Community Septic Tank
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include lake rights
- Stacy Association, Phone Number (847) 212-6644
- Ranch
- Property managed by Pistakee Bay Wooded Homeowner Association
- Community Lake
Recreation
- Boat Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2024
Closed on
Feb 28, 2024
Sold by
Christensen Alexandra N and Christensen Sean
Bought by
Rietschel Brett J
Seller's Agent
Emily Ruhnke
RE/MAX Plaza
Buyer's Agent
Matthew Messel
Compass
List Price
$244,900
Sold Price
$224,000
Premium/Discount to List
-$20,900
-8.53%
Views
677
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,891
Avg. Annual Appreciation
11.16%
Original Mortgage
$212,800
Interest Rate
7.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 4, 2015
Sold by
Initial Realty Services Inc
Bought by
Christensen Alexandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,265
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 24, 2015
Sold by
Fannie Mae
Bought by
Initial Alty Services Inc
Purchase Details
Closed on
Aug 27, 2014
Sold by
Meader Scott and Meader Scott E
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
May 2, 2003
Sold by
Rauhut Gregory S and Rauhut Kimberly A
Bought by
Meader Scott and Meader Vicki
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Similar Homes in McHenry, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rietschel Brett J | $224,000 | Fidelity National Title | |
| Christensen Alexandra | $151,000 | Citywide Title Corporation | |
| Initial Alty Services Inc | $56,250 | First American Title | |
| Federal National Mortgage Association | -- | None Available | |
| Meader Scott | $164,000 | Ht |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rietschel Brett J | $212,800 | |
| Previous Owner | Christensen Alexandra | $137,421 | |
| Previous Owner | Christensen Alexandra | $148,265 | |
| Previous Owner | Meader Scott | $188,500 | |
| Previous Owner | Meader Scott E | $185,000 | |
| Previous Owner | Meader Scott | $131,200 | |
| Previous Owner | Rauhut Gregory S | $106,500 | |
| Closed | Meader Scott | $32,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2024 03/05/24 | Sold | $224,000 | -8.5% | $165 / Sq Ft |
| 02/05/2024 02/05/24 | Pending | -- | -- | -- |
| 01/23/2024 01/23/24 | For Sale | $244,900 | -- | $181 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $5,429 | $70,248 | $7,994 | $62,254 |
| 2022 | $5,829 | $65,171 | $7,416 | $57,755 |
| 2021 | $5,570 | $60,692 | $6,906 | $53,786 |
| 2020 | $5,398 | $58,162 | $6,618 | $51,544 |
| 2019 | $5,331 | $55,229 | $6,284 | $48,945 |
| 2018 | $5,673 | $52,725 | $5,999 | $46,726 |
| 2017 | $5,475 | $49,484 | $5,630 | $43,854 |
| 2016 | $5,324 | $46,247 | $5,262 | $40,985 |
| 2013 | $1,512 | $33,778 | $5,180 | $28,598 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Ruhnke
Seller's Agent in 2024
Emily Ruhnke
RE/MAX
(815) 690-4738
1 in this area
62 Total Sales
-
Marge Ruhnke
Seller Co-Listing Agent in 2024
Marge Ruhnke
RE/MAX
1 in this area
61 Total Sales
-
Matthew Messel
Buyer's Agent in 2024
Matthew Messel
Compass
(847) 420-1269
2 in this area
586 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11966253
APN: 10-20-128-015
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