NOT LISTED FOR SALE

Estimated Value: $186,000 - $236,963

2 Beds
1 Bath
900 Sq Ft
$234/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $66,250 $74 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $1,467/month

30 Days on Market

Highlights

  • 1 Car Detached Garage
  • Living Room
  • Forced Air Heating System
  • Northwood Middle School Rated 9+
  • 1-Story Property
  • 2-minute walk to White Oaks Bay Nature Park

About This Home

As of October 2022

White Oaks Bay Subdivision. Many possibilities. Summer home or getaway, investment, or year-round living. White Oaks Bay Park, is only minutes away. Lake access and lake rights. Opportunity awaits. Great project to renovate and update according to your vision and taste. One car garage, nice sized lot, 2 bedrooms, one bath. Spacious attic for storage. Property being sold as is.

Last Agent to Sell the Property

Glenn Gallico

TNT Realty, Inc. License #471007179 Listed on: 08/26/2022

Last Buyer's Agent

Glenn Gallico

TNT Realty, Inc. License #471007179 Listed on: 08/26/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,575

Year Built

  • Built in 1937

Lot Details

  • 7,697 Sq Ft Lot

HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Wood Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Basement Cellar

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Community Details

  • Association fees include lake rights
  • Bill Mckinney Association, Phone Number (815) 382-2185
  • White Oaks Bay Subdivision
  • Property managed by White Oaks Bay Association

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,575

Year Built

Built in 1937

Lot Details

0

HOA Fees

$8 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: White Oaks Bay
  • Year Built: 1937
  • Age: 81-90 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

  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 900
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 79000
  • Waterfront: No
  • Exterior Building Type: Wood Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 72
  • Association Fee Frequency: Annually
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Management Company: White Oaks Bay Association
  • Management Contact Name: Bill McKinney
  • Management Phone: 815-382-2185
  • Master Association Fee: 27
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Lake Rights

Schools

  • Middle/Junior School District: 200

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1767
  • Lot Dimensions: 7500
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 2574.9
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2023
Sold by
Sturt Cheryl
Bought by
Kathleen Irene Jacobs Irrevocable Trust
Current Estimated Value
$210,991

Purchase Details

Closed on
Jan 24, 2023
Sold by
County Of Mchenry
Bought by
8011 Oakworth Drive Trust

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 10, 2022
Sold by
Hai Pervez
Bought by
Rutkowski Jeff
Seller's Agent
Glenn Gallico
TNT Realty, Inc.
Buyer's Agent
Glenn Gallico
TNT Realty, Inc.
List Price
$89,900
Sold Price
$66,250
Premium/Discount to List
-$23,650
-26.31%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.01%

Purchase Details

Closed on
Aug 7, 2022
Sold by
Credit Suisse First Boston Mortgage Secu
Bought by
Hai Pervez

Purchase Details

Closed on
May 16, 2022
Sold by
Carol Morales
Bought by
Credit Suisse First Boston Mortgage Securitie

Purchase Details

Closed on
Aug 22, 2005
Sold by
First Midwest Bank
Bought by
Morales Carolyn Schopen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 7, 2002
Sold by
Schopen Carol Morales
Bought by
First Midwest Bank and Trust #13338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.9%

Purchase Details

Closed on
Dec 5, 2002
Sold by
First Midwest Bank
Bought by
Morales Schopen Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.9%

Purchase Details

Closed on
Jan 10, 2001
Sold by
Schopen Carol S
Bought by
First Midwest Trust Company Natl Assn and Trust #13338

Purchase Details

Closed on
Dec 27, 1996
Sold by
The Chicago Trust Company
Bought by
Schopen Eugene R and Schopen Carol S

Purchase Details

Closed on
Jul 14, 1994
Sold by
Schopen Carol S
Bought by
Traharne Katherine M
Source: Public Records

Range of Values:

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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
Kathleen Irene Jacobs Irrevocable Trust $190,000 --
8011 Oakworth Drive Trust -- --
Rutkowski Jeff $66,500 --
Hai Pervez $45,500 Fidelity National Title
Credit Suisse First Boston Mortgage Securitie $42,132 None Listed On Document
Morales Carolyn Schopen -- Law Title Insurance
First Midwest Bank -- Multiple
Morales Schopen Carol -- Multiple
First Midwest Trust Company Natl Assn -- --
Schopen Eugene R -- Plm Title Company
Traharne Katherine M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Carolyn Schopen $120,000
Previous Owner Morales Schopen Carol $108,000
Previous Owner Schopen Carol S $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $66,250 -16.1% $74 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/23/2022 09/23/22 Price Changed $79,000 -6.9% $88 / Sq Ft
09/10/2022 09/10/22 Price Changed $84,900 -5.6% $94 / Sq Ft
08/26/2022 08/26/22 For Sale $89,900 -- $100 / 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 $4,141 $52,639 $7,135 $45,504
2023 $3,941 $47,159 $6,392 $40,767
2022 $2,728 $34,363 $5,930 $28,433
2021 $2,575 $32,001 $5,522 $26,479
2020 $2,471 $30,667 $5,292 $25,375
2019 $2,379 $29,121 $5,025 $24,096
2018 $2,045 $25,273 $4,361 $20,912
2017 $1,956 $23,719 $4,093 $19,626
2016 $2,464 $22,167 $3,825 $18,342
2013 -- $24,729 $3,766 $20,963
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11614319

Midwest Real Estate Data (MRED)

APN: 09-07-105-001