NOT LISTED FOR SALE

Estimated Value: $202,000 - $219,000

2 Beds
1 Bath
832 Sq Ft
$253/Sq Ft Est. Value

Last Sold November 26, 2024

Last sale price $199,900 $240 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,387/month

72 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • 3 Car Detached Garage
  • McHenry Community High School - Upper Campus Rated A-
  • Fenced Yard
  • 4-minute walk to Kame's Edge

About This Home

As of November 2024

Buyer lost financing. This charming 2-bedroom, 1-bath ranch is perfectly situated on two spacious lots, offering a serene and expansive setting. The standout feature of this property is the nearly 4-car garage, providing ample space for vehicles, storage, or a workshop. Inside, you'll find a beautifully updated bath and the convenience of in-unit laundry. The living room boasts vaulted ceilings, enhancing the sense of space and light, creating an inviting atmosphere for relaxation and entertaining. Location is key, and this home doesn't disappoint. Just a couple of blocks from Wonder Lake, you'll enjoy easy access to the beach and boat launch, making lakeside living a daily delight. Don't miss this opportunity to own a delightful home with fantastic amenities in a prime location. Schedule your visit today and envision the possibilities of your dream life at 7511 Backbay Rd!

Last Agent to Sell the Property

Shawn Strach

Dream Real Estate, Inc. License #471000585 Listed on: 08/04/2024

Dream Real Estate, Inc.

Last Buyer's Agent

Rebecca Johnson

Huntley Realty License #475173697

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,554

Year Built

  • Built in 1960

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x120
  • Fenced Yard
  • Additional Parcels

HOA Fees

  • $27 Monthly HOA Fees

Parking

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

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 832 Sq Ft Home
  • Vaulted Ceiling
  • Family Room
  • Living Room
  • Dining Room
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

  • Harrison Elementary School

Utilities

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

Community Details

  • Wildwood Assoc Of Look Out Pt Association, Phone Number (815) 728-0730
  • Lookout Point Subdivision, Ranch Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,554

Year Built

Built in 1960

Lot Details

0

HOA Fees

$27 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Lookout Point
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 832
  • Other Equipment: Water-Softener Owned
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Ceramic Tile
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 329
  • Association Fee Frequency: Annually
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: N/A
  • Management Contact Name: Wildwood Assoc of look out pt
  • Management Phone: 815-728-0730
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.22
  • Lot Dimensions: 80X120
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3554.4
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2024
Closed on
Oct 15, 2024
Sold by
Strom Cody
Bought by
Cooper Matthew and Babincsak Sarah
Seller's Agent
Shawn Strach
Dream Real Estate, Inc.
Buyer's Agent
Rebecca Johnson
Huntley Realty
List Price
$199,900
Sold Price
$199,900
Views
57
Current Estimated Value
$210,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,519
Avg. Annual Appreciation
4.91%
Original Mortgage
$10,000
Outstanding Balance
$1,024
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$209,395

Purchase Details

Closed on
Feb 24, 2020
Sold by
Interligi Joseph E
Bought by
Strom Cody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,645
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2007
Sold by
Egerstaffer William D and Egerstaffer Kimberly A
Bought by
Interligi Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,500
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cooper Matthew $200,000 None Listed On Document
Cooper Matthew $200,000 None Listed On Document
Strom Cody $130,000 Attorney
Interligi Joseph E $140,500 Land America-Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Matthew $10,000
Closed Cooper Matthew $10,000
Previous Owner Cooper Matthew $196,278
Previous Owner Strom Cody $127,645
Previous Owner Interligi Joseph E $140,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $199,900 0.0% $240 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $199,900 0.0% $240 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/29/2024 09/29/24 Price Changed $199,900 -4.8% $240 / Sq Ft
08/14/2024 08/14/24 For Sale $209,900 0.0% $252 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
08/04/2024 08/04/24 For Sale $209,900 -- $252 / 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 $3,052 $47,648 $4,892 $42,756
2023 $2,917 $42,688 $4,383 $38,305
2022 $2,306 $31,596 $4,066 $27,530
2021 $2,173 $29,425 $3,787 $25,638
2020 $1,618 $28,198 $3,629 $24,569
2019 $1,542 $26,776 $3,446 $23,330
2018 $1,304 $23,238 $2,991 $20,247
2017 $1,768 $21,809 $2,807 $19,002
2016 $1,701 $20,382 $2,623 $17,759
2013 -- $22,389 $2,582 $19,807
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12094035

Midwest Real Estate Data (MRED)

APN: 09-07-205-010