Seller's Agent in 2021
Rick O'Connor
Realty Executives
(815) 788-9000
2 in this area
300 Total Sales
7520 Backbay Rd Unit 1 Wonder Lake, IL 60097
Lookout Point NeighborhoodEstimated Value: $191,000 - $225,235
2
Beds
2
Baths
889
Sq Ft
$233/Sq Ft
Est. Value
Highlights
- Water Views
- Cape Cod Architecture
- Mature Trees
- McHenry Community High School - Upper Campus Rated A-
- Landscaped Professionally
- 4-minute walk to Kame's Edge
About This Home
As of May 2021Looking for the perfect house or vacation home by the Lake? Then look no further than this beautifully updated 889 sq foot 2-bedroom, 2 full bathroom, 1.5 story home with awesome views of Wonder Lake!!! Whether this is your first home, vacation home or you are downsizing you will enjoy having Lake rights year-round. Home has been freshly painted inside and out and features new LVP vinyl plank flooring and carpet so all you have to do is move in and enjoy!!! Generous sized eat in kitchen with plenty of cabinet and countertop space opens directly into the sunlit living room offering flexibility for today's lifestyles and family living arrangements. On the main level there is a 1st floor bedroom and a full bath as well as laundry so you do not want to deal with stairs!!! Natural sunlight floods the upstairs master bedroom through adjustable skylights, highlighting the custom built-in dresser and cabinets where you will be able to easily keep your personal effects. Private master bath will allow you to relax in your jetted tub after a long day at the beach...or office. Mornings will definitely be less hectic with having two full baths!!! Park your boat/RV/sleds etc. on the side apron of the heated 2 car garage that features exceptional storage for all your toys, tools and equipment!!! Yard has been professionally landscaped and features numerous mature oak trees. A brick paver walkway and circular brick paver sitting area for your patio furniture offers idyllic views of Wonder Lake. Big ticket items like the furnace and roof were replaced 4 years ago to save you money. You will love the peace and serenity this neighborhood offers with Wonder Lake beach and Lookout Point Park minutes away from your doorstep. Enjoy year-round recreational opportunities on the 830 Acre Wonder Lake. Great for fishing, swimming, kayaking, water skiing, and boating. Great investment property with low property taxes. This one will not last long!!! Schedule your showing today...this home is a must see!!!
Last Agent to Sell the Property
Realty Executives Cornerstone License #471008196 Listed on: 03/25/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,500
Year Built
- 1940
Lot Details
- Landscaped Professionally
- Corner Lot
- Irregular Lot
- Mature Trees
HOA Fees
- $21 per month
Parking
- Detached Garage
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Garage Is Owned
Home Design
- Cape Cod Architecture
- Pillar, Post or Pier Foundation
- Asphalt Shingled Roof
- Clad Trim
- Cedar
Interior Spaces
- Built-In Features
- Vaulted Ceiling
- Skylights
- Entrance Foyer
- Laminate Flooring
- Water Views
- Crawl Space
- Storm Screens
Kitchen
- Breakfast Bar
- Oven or Range
Bedrooms and Bathrooms
- Main Floor Bedroom
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
- Whirlpool Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Brick Porch or Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Water Rights
- Well
- Private or Community Septic Tank
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2021
Closed on
May 5, 2021
Sold by
Kinsfather Christopher P
Bought by
Kotel Ashley
Seller's Agent
Rick O'Connor
Realty Executives Cornerstone
Buyer's Agent
Tom Gancer
HomeSmart Connect LLC
List Price
$139,900
Sold Price
$150,000
Premium/Discount to List
$10,100
7.22%
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
$57,559
Avg. Annual Appreciation
6.50%
Original Mortgage
$147,283
Outstanding Balance
$135,841
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$62,187
Purchase Details
Closed on
Jun 25, 2001
Sold by
Penkava Michael A and Penkava Jil E
Bought by
Kinsfather Christopher P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,100
Interest Rate
7.18%
Mortgage Type
FHA
Purchase Details
Closed on
May 15, 1998
Sold by
Opensky Allan H and Opensky Patricia J
Bought by
Penkava Michael A and Penkava Jil E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,500
Interest Rate
7.25%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kotel Ashley | $150,000 | Stewart Title | |
| Kinsfather Christopher P | $119,000 | First American | |
| Penkava Michael A | $104,000 | Signet Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kotel Ashley | $147,283 | |
| Previous Owner | Kinsfather Christopher P | $117,100 | |
| Previous Owner | Penkava Michael A | $98,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2021 05/05/21 | Sold | $150,000 | +7.2% | $169 / Sq Ft |
| 04/02/2021 04/02/21 | Pending | -- | -- | -- |
| 04/01/2021 04/01/21 | For Sale | $139,900 | 0.0% | $157 / Sq Ft |
| 03/30/2021 03/30/21 | Pending | -- | -- | -- |
| 03/25/2021 03/25/21 | For Sale | $139,900 | -- | $157 / 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 |
|---|---|---|---|---|
| 2024 | $3,500 | $53,456 | $7,444 | $46,012 |
| 2023 | $3,354 | $47,891 | $6,669 | $41,222 |
| 2022 | $2,140 | $29,762 | $6,187 | $23,575 |
| 2021 | $2,014 | $27,717 | $5,762 | $21,955 |
| 2020 | $1,935 | $26,562 | $5,522 | $21,040 |
| 2019 | $1,879 | $25,223 | $5,244 | $19,979 |
| 2018 | $1,693 | $21,890 | $4,551 | $17,339 |
| 2017 | $1,626 | $20,544 | $4,271 | $16,273 |
| 2016 | $1,561 | $19,200 | $3,992 | $15,208 |
| 2013 | -- | $22,371 | $3,930 | $18,441 |
Source: Public Records
Agents Affiliated with this Home
-
Rick O'Connor
-
Larry Lang
Seller Co-Listing Agent in 2021
Larry Lang
Realty Executives
(815) 482-3682
2 in this area
234 Total Sales
-
Tom Gancer
Buyer's Agent in 2021
Tom Gancer
HomeSmart Connect LLC
(630) 430-5162
1 in this area
94 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD11032780
APN: 09-07-204-004
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