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Fox Lake 60050
717 Monterrey Terrace
$590,000
● House - For Sale

717 Monterrey Terrace

McHenry, IL 60050
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,587 Ft²
$3,962
Est. Monthly

About This Property

Experience the best of waterfront living in this spacious, beautifully maintained home with direct access to Pistakee Lake and the renowned Chain O'Lakes. Surrounded by peaceful water views, this exceptional property offers 5 generously sized bedrooms, 4 full bathrooms, and plenty of space for entertaining, relaxing, and making lasting memories.    The main living area features beautiful hardwood floors and an open, inviting layout. The spacious kitchen is equipped with stainless steel appliances, abundant cabinetry, and extensive countertop space, making it ideal for everyday living and hosting family and friends. The oversized bedrooms provide comfort for everyone, while the luxurious primary suite boasts a massive walk-in closet and a spa-inspired open-concept bath. The full English basement expands your living space with a cozy stone fireplace living area and a fifth bedroom. Step outside to the expansive deck overlooking the water, the perfect place to enjoy morning coffee or evening sunsets. This home has been thoughtfully updated with a new HVAC system, epoxy flooring in the two-car garage, and most furniture and beds are available and may be included or purchased separately, making this an excellent opportunity for a turnkey vacation home or full-time waterfront residence.  Don't miss this rare opportunity to own a spacious waterfront retreat with modern updates, exceptional living space, and easy access to one of Northern Illinois' premier boating and recreation destinations.
Unit Size
2,587 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$228
Property Type
House
Property Taxes
$1,065
HOA Dues
-
Year Built
1973

Listed By

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Property Highlights

Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Parking Features: Asphalt, Garage Door Opener, Garage, Detached, Yes
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Walk-In Closet(s), 1st Floor Bedroom, 1st Floor Full Bath
Appliances: Dishwasher, Refrigerator, Stainless Steel Appliance(s), Cooktop, Oven, Range Hood
Flooring Type: Hardwood
Laundry Features: In Unit
Rooms: 9
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Basement: Partially Finished, Full, Daylight
Exterior Details
Square Footage: 2587
Square Footage Source: $0
Architectural Style: Traditional
Year Built: 1973
Construction Materials: Vinyl Siding
Lot Features: Channel Front, Water Rights
Lot Size Area: 8986.428
Lot Size Units: Square Feet
Lot Size Acres: 0.2063
Lot Size Square Feet: 8986.428
Lot Size Dimensions: 60X120
Water Source: Public
Financial Details
Tax Annual Amount: $12,776
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,280
  • Garage Type: 4
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,668
  • Total Building Area: 3,840
  • Gross Building Area: 3,840
  • Building Area: 3,840
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 3,840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RICHARD G.GREMLEY & ROY N.MILLER-S ROUND
  • Land Acres: 0000000199
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: RICHARD G.GREMLEY & ROY N.MILLER-S ROUND HILL SUB LOT 47

Neighborhood

  • School District Name: Fox Lake Grade School District 114
  • Census Tract: 860908

Geography

  • Assessors Map Reference: 2472-D2
  • District: GRANT
  • Parcel: 05-04-301-003
  • Lot: 47
  • Municipality: TWP OF GRANT
  • Latitude: 42.4079
  • Longitude: -88.1984

    Address

  • Full Address: 717 Monterrey Ter
  • Address - House Number: 717
  • Address - Street Name: Monterrey
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R012
  • 4-Digit Zip Code: 7136
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,060,472
  • Tax Rate Code Area: 6063

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 416,105
  • High Value: 486,388
  • Low Value: 345,822

    Market Valuation

  • Market Total Value: $387,192
  • Market Land Value: $50,717
  • Market Improvement Value: $336,475

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,051
  • Assessed Land Value: $16,904
  • Assessed Improvements Value: $112,147

    Sales

  • Current Sale Contract Date: Sep 23, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7717534

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fox Lake


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Frequently Asked Questions

When was property at 717 Monterrey Terrace built and last sold?
The property at 717 Monterrey Terrace was built in 1973 and last sold on Sep 23, 2020 for $240,000.
How much is this home worth?
The estimated value of the home located at 717 Monterrey Terrace is $587,801.
What are some comparable homes to 717 Monterrey Terrace?
There are currently no comparable homes to 717 Monterrey Terrace.