NOT LISTED FOR SALE

516 Shady Ln Barrington, IL 60010

Estimated Value: $850,000 - $1,022,000

4 Beds
2.5 Baths
3,480 Sq Ft
$269/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $850,000 $244 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,961/month

1 Day on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Deck
  • Hough Street Elementary School Rated A+
  • Landscaped Professionally
  • Wooded Lot

About This Home

As of March 2024

Welcome to 516 West Shady Lane, where your dream home awaits in Barrington's highly sought-after Glen Acres neighborhood. This charming home is nestled in a private wooded setting, offering a serene and tranquil retreat from the hustle and bustle of everyday life. Enjoy 4 bedrooms, 2.5 bathrooms and a spacious 3,408 square feet of living space---all set on a generous half-acre lot. As you step inside, you'll be greeted by a warm and inviting atmosphere, with multiple living spaces perfect for entertaining or simply relaxing with loved ones.The first floor features a stunning primary bedroom, complete with a brand new and spacious en-suite bathroom with a luxurious soaking tub and a separate shower. The open-concept kitchen is the heart of the home ... a true chef's delight with its large center island, custom cabinetry and high-end appliances. A mudroom and ample storage space add to the practicality of this residence. Step outside to enjoy the outdoor deck, perfect for al fresco dining or simply unwinding in the fresh air. Additionally, a screened porch offers a cozy spot to enjoy the natural surroundings and the peaceful ambiance of the property. Upstairs, you'll find three additional bedrooms, ensuring plenty of space for family and guests. Central air conditioning and gas heat provide year-round comfort, while the fireplace adds a touch of warmth and charm to the living spaces.This happy house is ready to welcome its new owners with open arms. Don't miss the opportunity to make 516 West Shady Lane your new home sweet home. Schedule a showing today and experience the magic of this delightful property for yourself.

Last Agent to Sell the Property

Kate Fanselow

Compass License #475191348 Listed on: 02/15/2024

Compass

Last Buyer's Agent

Cristina Panagopoulos

Compass License #475186042

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,978

Year Built

  • Built in 1983 | Remodeled in 2020

Lot Details

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • 2.1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,480 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Triple Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Screened Porch
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Double Oven
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Hough Street Elementary School
  • Barrington Middle School Prairie
  • Barrington High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener

Community Details

  • Glen Acres Subdivision, Custom Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,978

Year Built

Built in 1983 | Remodeled in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Glen Acres
  • Year Built: 1983
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood, Water Softener
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry, First Floor Full Bath, Open Floorplan
  • LivingArea: 3480
  • Room Type: Den, Office, Foyer, Screened Porch
  • Estimated Total Finished Sq Ft: 3480
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Family Room
  • Total Sq Ft: 4572
  • Window Features: Triple Pane Windows
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Porch Screened
  • Foundation Details: Concrete Perimeter
  • Lot Features: Cul-De-Sac, Landscaped, Wooded
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.1
  • ParkingTotal: 2.1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(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
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Hough Street Elementary School
  • High School: Barrington High School
  • Middle/Junior School: Barrington Middle School Prairie

Lot Info

  • Lot Size Acres: 0.3803
  • Lot Dimensions: 16564
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11978
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Feb 28, 2024
Sold by
Craig Mcgowan 2021 Living Trust and Cammie Mcgowan 2021 Living Trust
Bought by
Comas Armando and Comas Rebecca F
Seller's Agent
Kate Fanselow
Compass
Buyer's Agent
Cristina Panagopoulos
Compass
List Price
$850,000
Sold Price
$850,000
Views
43
Current Estimated Value
$935,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,852
Avg. Annual Appreciation
5.43%
Original Mortgage
$680,000
Outstanding Balance
$667,248
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$268,604

Purchase Details

Closed on
Aug 10, 2021
Sold by
Mcgowan Craig and Mcgowan Cammie
Bought by
Mcgowan Craig and Mcgowan Cammie

Purchase Details

Listed on
May 23, 2019
Closed on
Jan 2, 2020
Sold by
Mcdonald Richard H and Family Tr Under Will Of Janet
Bought by
Mcgowan Craig and Mcgowan Cammie
Seller's Agent
Ward Schell
Compass
Buyer's Agent
Crystal DiDomenico
@properties Christie's International Real Estate
List Price
$689,000
Sold Price
$655,000
Premium/Discount to List
-$34,000
-4.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$556,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2004
Sold by
Mcdonald Richard H and Mcdonald Janet Marie
Bought by
Mcdonald Janet M
Source: Public Records
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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
Comas Armando $850,000 None Listed On Document
Mcgowan Craig -- None Available
Mcgowan Craig $655,000 Fidelity National Title
Mcdonald Janet M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Comas Armando $680,000
Previous Owner Mcgowan Craig $556,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2024 03/29/24 Sold $850,000 0.0% $244 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $850,000 +29.8% $244 / Sq Ft
01/07/2020 01/07/20 Sold $655,000 -4.9% $172 / Sq Ft View Prior Sale
11/24/2019 11/24/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $689,000 -- $181 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $13,216 $83,000 $14,908 $68,092
2024 $13,216 $59,193 $12,423 $46,770
2023 $14,617 $59,193 $12,423 $46,770
2022 $14,617 $67,000 $12,423 $54,577
2021 $11,978 $48,572 $8,696 $39,876
2020 $10,823 $48,572 $8,696 $39,876
2019 $10,057 $53,969 $8,696 $45,273
2018 $12,187 $55,657 $7,867 $47,790
2017 $10,635 $55,657 $7,867 $47,790
2016 $11,762 $61,892 $7,867 $54,025
2015 $10,979 $54,192 $7,039 $47,153
2014 $10,878 $54,192 $7,039 $47,153
2013 $10,393 $54,192 $7,039 $47,153
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11980640

Midwest Real Estate Data (MRED)

APN: 01-02-400-019-0000