7501 Burning Tree Dr McHenry, IL 60050
4
Beds
4
Baths
3,986
Sq Ft
0.93
Acres
Highlights
- Landscaped Professionally
- Deck
- Vaulted Ceiling
- McHenry Community High School - Upper Campus Rated A-
- Recreation Room
- Wood Flooring
About This Home
As of August 2022From the extreme curb appeal, to the impeccable interior, to the superb floor plan, this walkout ranch has it all! The first floor is open with the master suite on one side of the home and two bedrooms on the other side. The kitchen eating area opens to the private deck with views. The walkout basement is finished with a beautiful office, rec room, 4th bedroom, full bath, spacious gym, and wonderful paver patio! The 3 car garage has high ceilings! Located in an elegant area, this home has so many updates and is ready now.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,843
Year Built
- 2001
Lot Details
- East or West Exposure
- Landscaped Professionally
HOA Fees
- $8 per month
Parking
- Attached Garage
- Garage ceiling height seven feet or more
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Circular Driveway
- Brick Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Walk-Out Ranch
- Slab Foundation
- Asphalt Shingled Roof
- Concrete Siding
- Stone Siding
Interior Spaces
- Vaulted Ceiling
- Includes Fireplace Accessories
- Gas Log Fireplace
- Entrance Foyer
- Breakfast Room
- Home Office
- Recreation Room
- Sewing Room
- Home Gym
- Wood Flooring
- Storm Screens
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Built-In Oven
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
Bedrooms and Bathrooms
- Main Floor Bedroom
- Primary Bathroom is a Full Bathroom
- In-Law or Guest Suite
- Bathroom on Main Level
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Exterior Basement Entry
- Finished Basement Bathroom
Outdoor Features
- Deck
- Brick Porch or Patio
Location
- Property is near a bus stop
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Well
- Water Softener is Owned
- Private or Community Septic Tank
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2022
Closed on
Aug 23, 2022
Sold by
Donald R Teegen Trust
Bought by
Nkamanyang Tipisweng and Nkamanyang Rita
Seller's Agent
Rick O'Connor
Realty Executives Cornerstone
Buyer's Agent
Bob Panek
CENTURY 21 New Heritage
List Price
$499,999
Sold Price
$510,000
Premium/Discount to List
$10,001
2%
Total Days on Market
23
Views
17
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
$71,285
Avg. Annual Appreciation
4.82%
Original Mortgage
$500,000
Outstanding Balance
$478,398
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$102,887
Purchase Details
Listed on
Apr 29, 2019
Closed on
Jun 25, 2019
Sold by
Reenan Richard D and Reenan Karen F
Bought by
Teegen Donald R and Donald R Teegen Trust
Seller's Agent
Sue Perdue
Baird & Warner
Buyer's Agent
Jim Starwalt
Better Homes and Garden Real Estate Star Homes
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
Original Mortgage
$308,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 17, 2014
Sold by
Reenan Richard D and Reenan Karen F
Bought by
Reenan Revocable Living Trust
Purchase Details
Closed on
Sep 26, 2011
Sold by
Reenan Karen F and Reenan Richard D
Bought by
Reenan Richard D and Reenan Karen F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2003
Sold by
Lanco Development Co
Bought by
Mcnalley Karen F and Reenan Richard D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.81%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 14, 2001
Sold by
Continental Community Bank & Trust Co
Bought by
Lanco Development Company
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Interest Rate
7.28%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $510,000 | -- | |
| Deed | $385,000 | Baird & Warner Ttl Svcs Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Carrington Title Partners Ll | |
| Warranty Deed | $429,000 | Chicago Title Insurance Co | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | VA | |
| Previous Owner | $119,000 | Credit Line Revolving | |
| Previous Owner | $308,000 | New Conventional | |
| Previous Owner | $215,000 | New Conventional | |
| Previous Owner | $273,500 | Unknown | |
| Previous Owner | $273,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $230,000 | Unknown | |
| Previous Owner | $609,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2022 08/23/22 | Sold | $510,000 | +2.0% | $190 / Sq Ft |
| 07/19/2022 07/19/22 | Pending | -- | -- | -- |
| 07/15/2022 07/15/22 | For Sale | $499,999 | +29.9% | $186 / Sq Ft |
| 06/28/2019 06/28/19 | Sold | $385,000 | -3.5% | $97 / Sq Ft |
| 05/22/2019 05/22/19 | Pending | -- | -- | -- |
| 05/14/2019 05/14/19 | For Sale | $399,000 | 0.0% | $100 / Sq Ft |
| 05/06/2019 05/06/19 | Pending | -- | -- | -- |
| 04/29/2019 04/29/19 | For Sale | $399,000 | -- | $100 / 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 | $7,843 | $151,277 | $11,431 | $139,846 |
| 2022 | $7,843 | $140,344 | $23,481 | $116,863 |
| 2021 | $11,711 | $130,698 | $21,867 | $108,831 |
| 2020 | $11,314 | $125,249 | $20,955 | $104,294 |
| 2019 | $11,130 | $118,933 | $19,898 | $99,035 |
| 2018 | $12,604 | $120,981 | $20,241 | $100,740 |
| 2017 | $12,105 | $113,544 | $18,997 | $94,547 |
| 2016 | $11,697 | $106,116 | $17,754 | $88,362 |
| 2013 | -- | $104,476 | $17,480 | $86,996 |
Source: Public Records
Agents Affiliated with this Home
-
Rick O'Connor
Seller's Agent in 2022
Rick O'Connor
Realty Executives
(815) 788-9000
31 in this area
336 Total Sales
-
Larry Lang
Seller Co-Listing Agent in 2022
Larry Lang
Realty Executives
(815) 482-3682
20 in this area
253 Total Sales
-
Bob Panek
Buyer's Agent in 2022
Bob Panek
CENTURY 21 New Heritage
(847) 204-4543
2 in this area
111 Total Sales
-
Sue Perdue
Seller's Agent in 2019
Sue Perdue
Baird Warner
(815) 236-0649
4 in this area
132 Total Sales
-
Jim Starwalt
Buyer's Agent in 2019
Jim Starwalt
Better Homes and Gardens Real Estate Star Homes
(847) 650-9139
64 in this area
1,489 Total Sales
-
Cori Pavlis
Buyer Co-Listing Agent in 2019
Cori Pavlis
Vylla Home
(847) 652-4822
9 in this area
34 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10348815
APN: 09-31-202-002
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