NOT LISTED FOR SALE

424 N Grainger Ln Cortland, IL 60112

Estimated Value: $198,000 - $247,000

3 Beds
2 Baths
1,400 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $155,000 $111 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,654/month

3 Days on Market

Highlights

  • End Unit
  • Balcony
  • Walk-In Closet
  • Corner Lot
  • 2 Car Attached Garage
  • Garden Bath

About This Home

As of June 2021

This well kept end unit townhome has stunning sunset views and offers 3 bedrooms, 2 full bathrooms and a 2 car garage. The garage and first bedroom are on the lower level. The open plan living room, kitchen and dining area, plus 1st full bathroom, are on the main floor. The upper level offers a generous sized master bedroom with large walk in closet, the third bedroom, a shared master bath with large soaking tub, and upper floor laundry room. The home also offers lower utility bills by utilizing a tank less water heater and a nest thermostat. The HOA takes care of all outside maintenance, snow plowing, and lawn maintenance for carefree living. Located close to Peace Rd exit on I-88 and Rt 38, the location is ideal for shopping, dining, entertaining and is a short commute to Northern Illinois University. Enjoy quiet country living with all the conveniences close by. The home is also eligible for USDA, zero down financing to qualified buyers. You may be able to own this home with a monthly payment less than you are paying for rent. Hurry on this one!

Last Agent to Sell the Property

Tom Vierig

Castle View Real Estate License #471017067 Listed on: 05/18/2021

Last Buyer's Agent

Michele Marks

Coldwell Banker Realty License #475149929

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,857

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 20x32
  • End Unit

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • ENERGY STAR Qualified Water Heater
  • Water Softener Leased
  • Satellite Dish

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 6 Units
  • Manager Association, Phone Number (815) 787-7368
  • Coventry Townhomes Subdivision
  • Property managed by Townsend Management

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,857

Year Built

Built in 2007

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Subdivision Name: Coventry Townhomes
  • Year Built: 2007
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Water Softener Rented
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: 2nd Floor Laundry, Walk-In Closet(s)
  • LivingArea: 1400
  • Other Equipment: Water-Softener Rented, TV-Dish
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Garden Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: West
  • ExteriorFeatures: Balcony, Storms/Screens, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 144900
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 120
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Townsend Management
  • Management Contact Name: Manager
  • Management Phone: 815-787-7368

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 428

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 20X32
  • Rural (Y/N): N
  • Special Assessments: N

Green Features

  • GreenEnergyEfficient: Water Heater

Rental Info

  • Board Number: 19
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3857.36
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jun 25, 2021
Sold by
Kane Allison and Kane Patrick T
Bought by
Marshall David C and Marshall Courtney J
Seller's Agent
Tom Vierig
Castle View Real Estate
Buyer's Agent
Michele Marks
Coldwell Banker Realty
Sold Price
$155,000
Current Estimated Value
$219,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,155
Avg. Annual Appreciation
8.33%
Original Mortgage
$116,250
Outstanding Balance
$106,033
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$113,122

Purchase Details

Listed on
Jul 25, 2012
Closed on
Aug 27, 2012
Sold by
Federal National Mortgage Association
Bought by
Kane Patrick T and Kane Alison
Seller's Agent
Jill Jacobsen-Haka
J.Jill Realty Group
Buyer's Agent
Peggy Ramirez
Coldwell Banker Real Estate Group
List Price
$69,900
Sold Price
$68,900
Premium/Discount to List
-$1,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%

Purchase Details

Closed on
Jun 4, 2012
Sold by
Dekalb County Sheriff
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 31, 2007
Sold by
Brian Grainger Construction
Bought by
Storandt Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,675
Interest Rate
6.79%
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
Marshall David C $155,000 Attorney
Kane Patrick T $69,000 --
Federal National Mortgage Association -- --
Storandt Michael $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall David C $116,250
Previous Owner Storandt Michael $129,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2021 06/25/21 Sold $155,000 +7.0% $111 / Sq Ft
05/22/2021 05/22/21 For Sale -- -- --
05/21/2021 05/21/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $144,900 +110.3% $104 / Sq Ft
09/13/2012 09/13/12 Sold $68,900 -1.4% $51 / Sq Ft View Prior Sale
08/17/2012 08/17/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $69,900 -- $52 / 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 $4,500 $57,737 $5,271 $52,466
2023 $4,500 $54,015 $4,931 $49,084
2022 $4,539 $51,551 $4,706 $46,845
2021 $3,870 $42,529 $4,481 $38,048
2020 $3,857 $41,202 $4,341 $36,861
2019 $3,722 $39,473 $4,159 $35,314
2018 $3,280 $34,655 $3,933 $30,722
2017 $2,554 $27,454 $3,744 $23,710
2016 $2,411 $25,803 $3,519 $22,284
2015 -- $24,231 $3,305 $20,926
2014 -- $23,322 $3,181 $20,141
2013 -- $24,168 $3,296 $20,872
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11091828

Midwest Real Estate Data (MRED)

APN: 09-20-102-119