7022 Burning Tree Cir McHenry, IL 60050
Estimated Value: $515,045 - $598,000
4
Beds
3.5
Baths
2,752
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- Second Kitchen
- 1.09 Acre Lot
- Mature Trees
- McHenry Community High School - Upper Campus Rated A-
- Landscaped Professionally
- Family Room with Fireplace
About This Home
As of September 2023Welcome to 7022 Burning Tree! This beautiful home's original owners have loved and cared for it, but now is your opportunity to make it yours! As soon as you step in, you're greeted by a grand staircase and gleaming hardwood floors. There's an office on the first floor and a separate dining room area that leads you to the family room with a fireplace and an open-concept kitchen with freshly-painted cabinets and hardware, new stainless steel appliances, and granite counter tops. The second floor has 4 bedrooms including the grand master suite with vaulted ceilings, a separate sitting area, and a stunning and spacious state-of-the-art master bathroom with heated flooring, a luxury bath with rain shower head, and a stand-alone bathtub for a relaxing evening bath. Each bedroom has walk-in closets with plenty of space and shelves and brand new carpeting. The second and third bedrooms connect with a Jack & Jill bathroom. The finished basement is the perfect place to entertain with a built-in surround sound system, a full kitchenette, full bath, family room with a ventless fireplace, and your very own wine room! The private backyard with a brick paver patio is the perfect location to enjoy the summer nights. Other features include an electric dog fence on the property, brand new asphalt driveway, new Nest thermostats, new HVAC systems, and new windows (2021). There's nothing for you to do but move in! Schedule your private showing today - this is the dream home you have been looking for!
Last Agent to Sell the Property
Payes Real Estate Group License #471022097 Listed on: 06/10/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,665
Year Built
- Built in 1998 | Remodeled in 2023
Lot Details
- 1.09 Acre Lot
- Lot Dimensions are 309 x 148
- Landscaped Professionally
- Paved or Partially Paved Lot
- Sprinkler System
- Mature Trees
- Wooded Lot
HOA Fees
- $17 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Traditional Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,752 Sq Ft Home
- 2-Story Property
- Bar Fridge
- Ceiling Fan
- Gas Log Fireplace
- Shutters
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Den
- Home Gym
- Carbon Monoxide Detectors
Kitchen
- Second Kitchen
- Range
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Shower Body Spray
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
- Finished Basement Bathroom
Outdoor Features
- Brick Porch or Patio
- Fire Pit
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Well
- Water Softener Leased
- Private or Community Septic Tank
Community Details
- Main Association, Phone Number (815) 000-0000
- Burning Tree Subdivision, Beautiful Floorplan
- Property managed by BURNING TREE HOA
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 10, 2023
Closed on
Sep 11, 2023
Sold by
Timothy J Martens And Paula A Martens Re
Bought by
Tang Tienna and Nordman David Mark
Seller's Agent
Ivonne Payes
Payes Real Estate Group
Buyer's Agent
Kimberli Crisman
Coldwell Banker Real Estate Group
List Price
$495,000
Sold Price
$489,000
Premium/Discount to List
-$6,000
-1.21%
Total Days on Market
38
Views
412
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
$60,761
Avg. Annual Appreciation
7.00%
Original Mortgage
$489,000
Outstanding Balance
$475,204
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$74,557
Purchase Details
Closed on
Mar 27, 2002
Sold by
Martens Timothy J and Martens Paula A
Bought by
Martens Timothy J and Martens Paula A
Purchase Details
Closed on
Jan 20, 1998
Sold by
Harris Bank Woodstock
Bought by
Martens Timothy J and Martens Paula A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Interest Rate
7.24%
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 |
|---|---|---|---|
| Tang Tienna | $489,000 | Carrington Title Partners | |
| Martens Timothy J | -- | -- | |
| Martens Timothy J | $242,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tang Tienna | $489,000 | |
| Previous Owner | Martens Timothy J | $320,000 | |
| Previous Owner | Martens Timothy J | $192,000 | |
| Previous Owner | Martens Timothy J | $49,280 | |
| Previous Owner | Martens Timothy J | $224,500 | |
| Previous Owner | Martens Timothy J | $20,001 | |
| Previous Owner | Martens Timothy J | $231,200 | |
| Previous Owner | Martens Timothy J | $235,000 | |
| Previous Owner | Martens Timothy J | $50,000 | |
| Previous Owner | Martens Timothy J | $20,000 | |
| Previous Owner | Martens Timothy J | $244,000 | |
| Previous Owner | Martens Timothy J | $244,400 | |
| Previous Owner | Martens Timothy J | $78,000 | |
| Previous Owner | Martens Timothy J | $21,000 | |
| Previous Owner | Martens Timothy J | $214,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2023 09/11/23 | Sold | $489,000 | -1.2% | $178 / Sq Ft |
| 07/19/2023 07/19/23 | Pending | -- | -- | -- |
| 06/10/2023 06/10/23 | For Sale | $495,000 | -- | $180 / 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 | $7,370 | $117,046 | $11,431 | $105,615 |
| 2022 | $10,665 | $118,274 | $23,481 | $94,793 |
| 2021 | $10,189 | $110,145 | $21,867 | $88,278 |
| 2020 | $9,858 | $105,553 | $20,955 | $84,598 |
| 2019 | $9,717 | $100,230 | $19,898 | $80,332 |
| 2018 | $10,996 | $101,955 | $20,241 | $81,714 |
| 2017 | $10,587 | $95,688 | $18,997 | $76,691 |
| 2016 | $10,260 | $89,428 | $17,754 | $71,674 |
| 2013 | -- | $86,671 | $17,480 | $69,191 |
Source: Public Records
Agents Affiliated with this Home
-
Ivonne Payes
Seller's Agent in 2023
Ivonne Payes
Payes Real Estate Group
(224) 338-5063
5 in this area
360 Total Sales
-
Kimberli Crisman
Buyer's Agent in 2023
Kimberli Crisman
Coldwell Banker Real Estate Group
(630) 660-8044
1 in this area
29 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11805272
APN: 09-32-102-001
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