NOT LISTED FOR SALE

405 Parkway Dr Cary, IL 60013

Estimated Value: $464,000 - $530,000

4 Beds
2 Baths
1,944 Sq Ft
$259/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $400,000 $206 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,380/month

33 Days on Market

Highlights

  • Living Room with Fireplace
  • Whirlpool Bathtub
  • Detached Garage
  • Cary Grove High School Rated A
  • L-Shaped Dining Room
  • Senior Tax Exemptions

About This Home

As of November 2021

We found the perfect property for you to create your own peaceful riverfront paradise! This beautiful 4 bedroom, 2 bathroom retreat has been the happy home to the same family for over 35 years! The main level features a bright and spacious living and dining room with a large picture window, vaulted ceilings, hardwood floors and a wood burning fireplace. The galley kitchen features newer appliances and laminate flooring, with easy access to the back patio and basement. The master bedroom has fantastic river views and opens to the expansive deck to enjoy your morning coffee. There's a newer full bath near the master with a jetted tub and walk-in shower. Of the three secondary bedrooms, another is on that level and two are upstairs with a second full bath. The porch spans the whole depth of the house, and features baseboard heat for cooler nights. Outside you'll be impressed with the two 2.5 car detached garages, extra storage for your toys! One is used as the primary garage, while the other is heated with a workshop and potential to convert into a cottage/guest house. The incredible 115' of riverfront offers a park-like setting with gorgeous towering oak trees and an expansive newer pier with an electric boat lift and jet ski lifts. Prime location with views of the Norge Ski Jump and minutes from the heart of Cary, while on a quiet private road. Don't miss this opportunity, schedule your showing today!

Last Agent to Sell the Property

Kelly Malina

Berkshire Hathaway HomeServices Starck Real Estate License #475164419 Listed on: 08/20/2021

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Sharon Gidley

RE/MAX Suburban License #471020652

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,907

Year Built

  • 1937

Lot Details

  • 0.41

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,944 Sq Ft Home
  • Multi-Level Property
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • Whirlpool Bathtub
  • Separate Shower

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,907

Year Built

1937

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: Multi-Level
  • Property Sub Type: Multi-Level
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Cottage
  • Directions: Rt 14 to E Main St to River Way to Parkway Dr
  • Lot Size: 115X141X112X157
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1937

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Water Softener Owned
  • Has Basement: Partial
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 1944
  • Basement Description: Unfinished
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Fireplace Location: Living Room
  • Total Sq Ft: 2647
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Wood Laminate Floors
  • Other Equipment: Water-Softener Owned, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Dining Room Type: Enclosed Porch Heated

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck, Patio, Porch Screened
  • Exterior Building Type: Vinyl Siding
  • Lot Features: River Front, Water Rights, Water View, Mature Trees, Dock, Views, Waterfront
  • Other Structures: Second Garage
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Side Apron
  • Number of Cars: 8
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Garage Spaces: 4
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Lake, Water Rights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 155
  • Middle Or Junior School: Cary Junior High School

Lot Info

  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 11443.86
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2023
Sold by
Mcmahon Kevin R and Mcmahon Tina L
Bought by
Tina L And Kevin R Mcmahon Joint Revocable Tr
Current Estimated Value
$504,008

Purchase Details

Listed on
Aug 20, 2021
Closed on
Nov 2, 2021
Sold by
Niedermeyer Lois
Bought by
Mcmahon Kevin R and Mcmahon Tina L
Seller's Agent
Kelly Malina
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Sharon Gidley
RE/MAX Suburban
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$320,000
Interest Rate
3.12%
Mortgage Type
New Conventional
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
Tina L And Kevin R Mcmahon Joint Revocable Tr -- --
Mcmahon Kevin R $199,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmahon Kevin R $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $400,000 -5.9% $206 / Sq Ft
09/24/2021 09/24/21 For Sale -- -- --
09/23/2021 09/23/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $424,900 -- $219 / 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 $8,907 $139,918 $24,264 $115,654
2023 $9,443 $125,139 $21,701 $103,438
2022 $10,254 $133,320 $69,714 $63,606
2021 $10,826 $151,332 $64,947 $86,385
2020 $11,444 $145,975 $62,648 $83,327
2019 $11,218 $139,716 $59,962 $79,754
2018 $10,552 $129,068 $55,392 $73,676
2017 $10,343 $121,590 $52,183 $69,407
2016 $10,272 $114,041 $48,943 $65,098
2013 -- $87,602 $45,658 $41,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11195664

Midwest Real Estate Data (MRED)

APN: 20-17-258-005