NOT LISTED FOR SALE

7505 Timber Trail McHenry, IL 60050

Estimated Value: $417,412 - $527,000

4 Beds
5 Baths
2,456 Sq Ft
$197/Sq Ft Est. Value

About This Home

This home is located at 7505 Timber Trail, McHenry, IL 60050 and is currently estimated at $483,853, approximately $197 per square foot. 7505 Timber Trail is a home located in McHenry County with nearby schools including Valley View Elementary School, Parkland School, and McHenry Community High School - Upper Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2005
Sold by
Ferguson James L and Ferguson Erika L
Bought by
Sorensen Jon H and Sorensen Jennifer R
Current Estimated Value
$483,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,800
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 4, 2001
Sold by
Teele Pat
Bought by
Ferguson James and Ferguson Erika I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,700
Interest Rate
7.07%

Purchase Details

Closed on
Sep 17, 1999
Sold by
Pearlman David L
Bought by
Teele Pat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,100
Interest Rate
7.93%

Purchase Details

Closed on
May 15, 1995
Sold by
Mchenry State Bank
Bought by
Pearlman David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.4%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Sorensen Jon H $386,000 Cti
Ferguson James $265,891 Prairie Title
Teele Pat $263,000 Chicago Title
Pearlman David L $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorensen John H $75,000
Open Sorensen Jon H $264,000
Closed Sorensen Jon H $30,000
Closed Sorensen Jon H $308,800
Previous Owner Ferguson James $89,195
Previous Owner Ferguson James L $216,200
Previous Owner Ferguson James L $218,000
Previous Owner Ferguson James $212,700
Previous Owner Teele Pat $184,100
Previous Owner Pearlman David L $168,000
Closed Teele Pat $52,600
Source: Public Records

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
2023 $9,772 $113,781 $11,431 $102,350
2022 $10,550 $117,060 $20,726 $96,334
2021 $10,079 $109,015 $19,302 $89,713
2020 $9,751 $104,470 $18,497 $85,973
2019 $9,611 $99,202 $17,564 $81,638
2018 $10,877 $100,910 $17,867 $83,043
2017 $10,471 $94,707 $16,769 $77,938
2016 $10,147 $88,511 $15,672 $72,839
2013 -- $87,142 $15,429 $71,713
Source: Public Records

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