NOT LISTED FOR SALE

7417 Chippewa Dr Wonder Lake, IL 60097

Estimated Value: $240,000 - $271,652

3 Beds
1.5 Baths
1,296 Sq Ft
$197/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $240,000 $185 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,791/month

58 Days on Market

Highlights

  • Water Views
  • Open Floorplan
  • Community Lake
  • McHenry Community High School - Upper Campus Rated A-
  • Mature Trees
  • 4-minute walk to Indian Ridge Park & Boat Launch

About This Home

As of August 2024

Spacious ranch home with full basement with fireplace and lookout windows to the fenced back yard. Water rights to Wonder Lake for great fishing, boating and watching beautiful sunsets. Enjoy the wonderful space in this 3 bedroom with a full bath and an extra 1/2 bath in the primary bedroom. All appliances included as well as the owned water softener and water filtration system in the kitchen. No water bills with your private well is a plus! Some extra features in the home like a built-in wall safe next to the fireplace, pool table that stays with the home, flexible rooms in the basement for crafts or woodworking and a portable bar that may be moved to accommodate your furniture placement. The attached 2 car garage is spacious and has built-in wood shelving for extra storage. The fenced yard includes a metal shed. Just a short stroll to the lake.

Last Agent to Sell the Property

Jay Rasmussen

Schulenburg Realty, Inc License #475194478 Listed on: 04/13/2024

Co-Listed By

Randy Schulenburg

Schulenburg Realty, Inc License #471009970

Last Buyer's Agent

Jill Insco

HomeSmart Connect, LLC. License #471001266

HomeSmart Connect, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,388

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 108 x 98
  • Fenced Yard
  • Mature Trees

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Masonite

Interior Spaces

  • 1,296 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Dining Room
  • Storage Room
  • Water Views
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry
  • Laundry Chute

Partially Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Outdoor Features

  • Tideland Water Rights
  • Deck

Location

  • Property is near a park

Schools

  • Harrison Elementary School

Utilities

  • Central Air
  • Heating System Uses Steam
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Community Details

  • Ranch
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,388

Year Built

Built in 1975

Lot Details

0

HOA Fees

$15 per month

Parking

2

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
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer, Water Softener Owned
  • Basement: Full, English
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 996
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Bedroom, First Floor Full Bath, Built-in Features, Open Floorplan
  • LivingArea: 1296
  • Other Equipment: Water-Softener Owned
  • Room Type: Storage, Other Room
  • Estimated Total Finished Sq Ft: 2292
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1296
  • Basement Sq Ft: 1296
  • Fireplace Location: Basement
  • Total Sq Ft: 2592
  • Unfinished Basement Sq Ft: 300
  • Main Level Sq Ft: 1296
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 245000
  • Lot Features: Fenced Yard, Water View, Mature Trees
  • Waterfront: No
  • Exterior Building Type: Masonite

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Steam
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, Laundry Chute, Sink
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Water Rights
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Master Association Fee: 180

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Harrison Elementary School
  • Middle/Junior School: Harrison Elementary School
  • Middle/Junior School District: 36

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 108 X 98
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 4387.64
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2025
Sold by
Schwerdtfeger Robert and Schwerdtfeger Morgan
Bought by
Schwerdtfeger Morgan M
Current Estimated Value
$255,163

Purchase Details

Listed on
Apr 13, 2024
Closed on
Aug 5, 2024
Sold by
Rasmussen Sara Jane and Portillo Tonatiuh
Bought by
Schwerdtfeger Robert and Schwerdtfeger Morgan
Seller's Agent
Jay Rasmussen
Schulenburg Realty, Inc
Buyer's Agent
Jill Insco
HomeSmart Connect, LLC.
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Views
135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$220,000
Interest Rate
5.5%
Mortgage Type
VA

Purchase Details

Listed on
Dec 11, 2021
Closed on
Jan 19, 2022
Sold by
Mcdowell Janet and Keener Susan
Bought by
Portillo Tonatiuh and Rasmussen Sara
Seller's Agent
Cindy Jacob
RE/MAX Plaza
Buyer's Agent
Cindy Jacob
RE/MAX Plaza
List Price
$199,000
Sold Price
$197,000
Premium/Discount to List
-$2,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$193,431
Interest Rate
2.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 2016
Sold by
Mcdowell Janet and Keener Susan
Bought by
Mcdowell Norma and Mcdowell Janet

Purchase Details

Closed on
Aug 4, 1997
Sold by
Horton Delores
Bought by
Mcdowell Frank and Mcdowell Norma

Purchase Details

Closed on
Jul 10, 1997
Sold by
Horton James
Bought by
Horton Delores

Purchase Details

Closed on
Dec 12, 1996
Sold by
Wenzler John and Wenzler Katarina
Bought by
Horton James E and Horton Delores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,751
Interest Rate
7.85%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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List Price
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
Schwerdtfeger Morgan M -- Navy Federal Title
Schwerdtfeger Robert $240,000 None Listed On Document
Portillo Tonatiuh $197,000 First American Title
Mcdowell Norma -- Accommodation
Mcdowell Frank $122,000 Universal Title Services Inc
Horton Delores -- Chicago Title
Horton James E $119,500 Universal Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwerdtfeger Robert $220,000
Previous Owner Portillo Tonatiuh $193,431
Previous Owner Horton James E $97,751
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $240,000 -2.0% $185 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $245,000 +2.1% $189 / Sq Ft
05/15/2024 05/15/24 Off Market $240,000 -- --
04/19/2024 04/19/24 Pending -- -- --
04/14/2024 04/14/24 For Sale $245,000 +24.4% $189 / Sq Ft
01/19/2022 01/19/22 Sold $197,000 -1.0% $152 / Sq Ft
12/11/2021 12/11/21 Pending -- -- --
12/11/2021 12/11/21 For Sale $199,000 -- $154 / 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 $5,079 $77,364 $11,517 $65,847
2023 $4,905 $69,310 $10,318 $58,992
2022 $4,388 $51,221 $9,572 $41,649
2021 $4,207 $47,701 $8,914 $38,787
2020 $4,087 $45,712 $8,542 $37,170
2019 $4,033 $43,407 $8,111 $35,296
2018 $3,818 $37,671 $7,039 $30,632
2017 $3,761 $35,355 $6,606 $28,749
2016 $3,721 $33,042 $6,174 $26,868
2013 -- $39,350 $6,079 $33,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12028734

Midwest Real Estate Data (MRED)

APN: 09-07-403-036