NOT LISTED FOR SALE

2401 Grove Ln Cary, IL 60013

Estimated Value: $458,000 - $822,000

3 Beds
3 Baths
2,262 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $382,000 $169 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,870/month

72 Days on Market

Highlights

  • Boat Slip
  • Spa
  • Deck
  • Cary Grove High School Rated A
  • River Front
  • Vaulted Ceiling

About This Home

As of March 2016

Exquisite waterfront home on the Fox River with panoramic view the golf course ~ Sunny kitchen, living room, family room & dining room with spectacular views overlooking the deck, lawn & water ~ Brazilian cherry hardwood floors throughout the first level ~ Open floor plan ~ Spacious kitchen with island/breakfast bar ~ Den (office) soundproofed ~ Master bedroom features: double door entry, volume/beamed ceiling, gas fireplace and a wall of windows that lead to the private balcony ~ Deluxe master bath: whirlpool soaking tub, separate shower & double sink ~ Deep 2 car garage: drywalled, insulated & heated with workshop area ~ Deck with hot tub for entertaining ~ remodeled ~ recently painted ~ steel sea wall & electric at pier ~ walk to community park/beach & golf course restaurant ~ a mile to downtown & Metra ~ Lovingly maintained home is not in the flood plain ~ This is a 10!

Last Agent to Sell the Property

Sharon Bus

Nest Equity Realty License #475131748 Listed on: 11/17/2015

Last Buyer's Agent

Mike Schneider

Brokerocity Inc License #475138548

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,432

Year Built

  • 1932

Lot Details

  • River Front

HOA Fees

  • $20 per month

Parking

  • Detached Garage
  • Heated Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Aluminum Siding

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Home Office
  • Wood Flooring
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Boat Slip
  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,432

Year Built

1932

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1932
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1932

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hot Tub, Bar-Wet, Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 9
  • Living Room: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Water-Softener Owned, Ceiling Fan
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Master Bedroom
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Garden Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 08X06, On Level: 2nd Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: Den, Deck, Foyer, Office
  • Master Bedroom: Dimensions: 24X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 10X09, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Office, Dimensions: 08X07, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Foyer, Dimensions: 09X05, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Deck, Dimensions: 40X16, On Level: Main Level
  • Estimated Sq Ft: 2262
  • Dining Room Type: Separate
  • Family Room: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Waterfront: Yes
  • Exterior Property Features: Balcony, Deck, Hot Tub, Boat Slip

Garage/Parking

  • Number of Cars: 5
  • Parking: Garage, Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 3
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment Includes: Common Insurance, Snow Removal
  • Assessment Association Fees: 20

Schools

  • School District: 155
  • Junior High Dist: 26

Lot Info

  • Lot Dimensions: 50 X 185
  • Lot Description: River Front
  • Parcel Identification Number: 1924251022

Tax Info

  • Taxes: 8454.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
Mar 25, 2016
Sold by
Young Nathan M and Young Rachel
Bought by
Riedel Glenn J
Seller's Agent
Sharon Bus
Nest Equity Realty
Buyer's Agent
Mike Schneider
Brokerocity Inc
List Price
$395,000
Sold Price
$382,000
Premium/Discount to List
-$13,000
-3.29%
Current Estimated Value
$568,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,413
Avg. Annual Appreciation
4.25%
Original Mortgage
$305,600
Outstanding Balance
$243,635
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$324,778

Purchase Details

Closed on
Aug 15, 2002
Sold by
Cardella Fred C and Cardella Debra
Bought by
Young Nathan M and Young Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.64%

Purchase Details

Closed on
Mar 3, 1994
Sold by
Ferrari Robert
Bought by
Cardella Fred C and Cardella Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.25%
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
Riedel Glenn J $382,000 First United Title Svcs Inc
Young Nathan M $395,900 Chicago Title
Cardella Fred C $170,000 Main Street Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riedel Glenn J $305,600
Previous Owner Young Nathan M $300,700
Previous Owner Cardella Fred C $184,000
Closed Young Nathan M $55,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2016 03/25/16 Sold $382,000 -3.3% $169 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $395,000 -- $175 / 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 $10,432 $138,495 $27,554 $110,941
2023 $10,898 $123,867 $24,644 $99,223
2022 $10,458 $123,396 $28,262 $95,134
2021 $9,976 $114,958 $26,329 $88,629
2020 $9,683 $110,888 $25,397 $85,491
2019 $9,491 $106,133 $24,308 $81,825
2018 $8,944 $98,044 $22,455 $75,589
2017 $8,773 $92,364 $21,154 $71,210
2016 $9,360 $86,630 $19,841 $66,789
2013 -- $80,814 $18,509 $62,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09087824

Midwest Real Estate Data (MRED)

APN: 19-24-251-022