NOT LISTED FOR SALE

7114 Burning Tree Dr McHenry, IL 60050

Estimated Value: $562,000 - $599,000

3 Beds
3.5 Baths
2,396 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $569,000 $237 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,187/month

21 Days on Market

Highlights

  • 0.92 Acre Lot
  • Mature Trees
  • Ranch Style House
  • McHenry Community High School - Upper Campus Rated A-
  • Deck
  • Wood Flooring

About This Home

As of June 2024

Welcome to this meticulously maintained 3 bedroom 3 bath ranch home nestled in the highly sought-after Burning Tree neighborhood. Charming covered front porch opens to a bright and spacious floor plan with panoramic views of the lovely gardens and plush backyard, spanning just shy of one acre. Stunning see through multi-sided fireplace seamlessly flows between the living room and kitchen offering a wonderful entertaining space. The main living area boasts 10' ceilings, refinished hardwood floors and newly installed magnificent floor-to-ceiling windows which flood the home with an abundance of natural light. Beautifully remodeled kitchen features quartz countertops, SS appliances, subway tile backsplash and pantry closet. An adjacent eating area includes a coffee bar overlooking the coy pond/waterfall. Separate dining area can be easily converted to a home office/pub room. The master bedroom is a true retreat with a recently remodeled ensuite that features double vanities, walk-in shower, freestanding soaker tub and large walk-in closet. The two additional bedrooms are generously sized and share a Jack-n-Jill bathroom. Descend into the lower level of this remarkable home where you'll discover a basement that truly elevates the living experience. Luxurious vinyl flooring adds both style and durability to the space, while a large wet bar and gas fireplace create a cozy atmosphere perfect for gathering with friends and family. Full bathroom with walk-in shower and linen closet is conveniently located near an extra-large multi-purpose room which you can customize to suit your needs. Useful storage room and craft/work shop provide ample space for projects and hobbies. 3 car heated garage with epoxy flooring conveniently located next to the first floor laundry room that offers exterior access to the professionally landscaped yard. Relax on the new deck or spacious patio and enjoy BBQ's on the natural gas grill. The sellers take enormous pride in their home and have done too many updates/improvements to list. Please contact listing agent for details. Don't miss the opportunity to own this amazing home!

Last Agent to Sell the Property

Caroline Touhy

Compass License #475142404 Listed on: 03/19/2024

Compass

Last Buyer's Agent

Angel Collins

Berkshire Hathaway HomeServices Starck Real Estate License #475188489

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,931

Year Built

  • Built in 1994

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 194x230x160x216
  • Paved or Partially Paved Lot
  • Mature Trees

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,396 Sq Ft Home
  • Wet Bar
  • Ceiling height of 10 feet or more
  • Ceiling Fan
  • Double Sided Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Workshop
  • Storage Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio

Schools

  • Valley View Elementary School
  • Parkland Middle School
  • Mchenry Campus High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Community Details

  • Burning Tree Subdivision, Custom Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,931

Year Built

Built in 1994

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Burning Tree
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Built-In Oven, Range Hood
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Double Sided, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Ceiling - 10 Foot
  • LivingArea: 2396
  • Other Equipment: Humidifier, Water-Softener Owned, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Breakfast Room, Workshop, Storage, Other Room, Foyer
  • Estimated Total Finished Sq Ft: 2396
  • Basement Description: Partially Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2396
  • Basement Sq Ft: 2396
  • Fireplace Location: Living Room,Other
  • Total Sq Ft: 4792
  • Main Level Sq Ft: 2396
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 569900
  • Lot Features: Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Sink
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Community Features: Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Valley View Elementary School
  • High School: Mchenry Campus
  • Middle/Junior School: Parkland Middle School
  • Middle/Junior School District: 15

Lot Info

  • Lot Size Acres: 0.918
  • Lot Dimensions: 194X230X160X216
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10930.53
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Jun 14, 2024
Sold by
Mccarthy Mark and Mccarthy Heidi
Bought by
Gem Trust and Gern
Seller's Agent
Caroline Touhy
Compass
Buyer's Agent
Angel Collins
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$579,900
Sold Price
$569,000
Premium/Discount to List
-$10,900
-1.88%
Views
157
Current Estimated Value
$591,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,747
Avg. Annual Appreciation
3.47%

Purchase Details

Listed on
Jul 16, 2018
Closed on
May 23, 2019
Sold by
Barbara L Farley Revocable Living Trust
Bought by
Mccarthy Mark and Mccarthy Heidi
Seller's Agent
Laura Rogers
Baird & Warner
Buyer's Agent
Caroline Touhy
Compass
List Price
$367,000
Sold Price
$338,000
Premium/Discount to List
-$29,000
-7.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$304,200
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 27, 2018
Sold by
Farley Barbara L
Bought by
Barbara L Farley Revocable Living Trust

Purchase Details

Closed on
Apr 7, 1997
Sold by
Farley Michael D and Farley Barbara
Bought by
Farley Michael D and Farley Barbara

Purchase Details

Closed on
May 19, 1994
Sold by
The State Bank Of Woodstock
Bought by
Farley Michael D and Farley Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.5%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gem Trust $569,000 None Listed On Document
Mccarthy Mark $338,000 Fidelity National Title
Barbara L Farley Revocable Living Trust -- None Available
Farley Michael D -- Chicago Title
Farley Michael D $268,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarthy Mark $310,250
Previous Owner Mccarthy Mark $317,460
Previous Owner Mccarthy Mark $304,200
Previous Owner Farley Michael D $107,500
Previous Owner Farley Michael D $150,000
Previous Owner Farley Michael D $103,443
Previous Owner Farley Michael D $144,600
Previous Owner Farley Michael D $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $569,000 -0.2% $237 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
04/05/2024 04/05/24 Price Changed $569,900 -1.7% $238 / Sq Ft
03/19/2024 03/19/24 For Sale $579,900 +71.6% $242 / Sq Ft
05/23/2019 05/23/19 Sold $338,000 -6.0% $141 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
09/12/2018 09/12/18 Price Changed $359,700 -2.0% $150 / Sq Ft
07/16/2018 07/16/18 For Sale $367,000 -- $153 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2024 $11,352 $150,190 $12,759 $137,431
2023 $11,691 $134,555 $11,431 $123,124
2022 $10,931 $121,066 $23,481 $97,585
2021 $10,444 $112,745 $21,867 $90,878
2020 $10,105 $108,045 $20,955 $87,090
2019 $9,961 $102,597 $19,898 $82,699
2018 $10,482 $104,364 $20,241 $84,123
2017 $10,264 $97,949 $18,997 $78,952
2016 $9,905 $91,541 $17,754 $73,787
2013 -- $90,126 $17,480 $72,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11995549

Midwest Real Estate Data (MRED)

APN: 09-31-201-015