NOT LISTED FOR SALE

550 Red Cypress Dr Cary, IL 60013

Estimated Value: $504,000 - $632,000

4 Beds
4 Baths
2,800 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $432,000 $154 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,254/month

3 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Deck
  • Cary Grove High School Rated A
  • Landscaped Professionally
  • Wooded Lot

About This Home

As of May 2016

Home is where the heart is! If you are looking for the home where your kids friends want to gather look no further! The private back yard of this home is spectacular; built-in pool w/auto cover, brick pavers, MAGNIFCIENT outdoor stone fireplace; a pond and waterfall! The kitchen is built for conversation ; 17 ft granite breakfast bar, 42" warm brown cherry cabinetry, granite, custom back splash, hardwood , stainless steel appliances with a professional DCS 6 burner stove overlooking a cozy family room w/Knotty Pine built-ins, new carpet and a wood burning fireplace. The lower level is entertainment ready; Hickory built-ins, River Rock bar, game area, dedicated workout space and a full bath! The lower level has an exterior access to the garage, storage and a work bench for the hobbyist! This bright and sunny 4 BR 3.5 Bath family home is Immaculate; Plantation Shutters, 6 panel solid doors and closet organizers! The benefits of suburbia w/a 5 min. drive to the Metra!

Last Agent to Sell the Property

Barbara Cullen

@properties Christie's International Real Estate License #475155706 Listed on: 03/18/2016

@properties Christie's International Real Estate

Last Buyer's Agent

Sharon Dolezal

Compass License #475144592

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,223

Year Built

  • 1993

Lot Details

  • Dog Run
  • Fenced Yard
  • Landscaped Professionally
  • Wooded Lot

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Bar Fridge
  • Dry Bar
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Den
  • Finished Basement
  • Finished Basement Bathroom
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • Deck
  • Brick Porch or Patio
  • Fire Pit

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,223

Year Built

1993

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Age: 21-25 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1993
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors, Wood Laminate Floors, 1st Floor Laundry
  • Number Of Rooms: 9
  • Living Room: Dimensions: 13X13, On Level: Main Level, Flooring: Carpet, Windows: Plantation Shutters
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Water-Softener Owned, CO Detectors, Sump Pump, Sprinkler-Lawn, Radon Mitigation System(s)
  • Fireplace Details: Wood Burning, Gas Starter
  • Attic: Full
  • Fireplace Location: Family Room
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 12X6, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Dining Room: Dimensions: 11X14, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Kitchen Type: Dimensions: 28X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Closet
  • Additional Rooms: Den, Deck
  • Master Bedroom: Dimensions: 19X17, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Den, Dimensions: 19X22, On Level: Basement, Flooring: Carpet, Windows: All
  • Additional Room 2 Name: Deck, Dimensions: 24X10, On Level: Lower, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 11X14, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 4: Dimensions: 11X12, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Estimated Sq Ft: 2800
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X22, On Level: Main Level, Flooring: Carpet, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio, Dog Run, Brick Paver Patio, Pool In-Ground, Fire Pit
  • Acreage: 0.4157

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Electric

Schools

  • School District: 155
  • Elementary School: THREE OAKS SCHOOL
  • Middle School: CARY JUNIOR HIGH SCHOOL
  • High School: CARY-GROVE COMMUNITY HIGH SCHOOL
  • Junior High Dist: 26

Lot Info

  • Lot Dimensions: 114 X 160 114 X 160
  • Lot Description: Fenced Yard, Landscaped Professionally, Wooded
  • Parcel Identification Number: 2008303011

Tax Info

  • Taxes: 10658.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
May 19, 2016
Sold by
Lane Margaret J and Lane James D
Bought by
Tomascello Walter Jill Marie and Walter Jesse Joseph
Seller's Agent
Barbara Cullen
@properties Christie's International Real Estate
Buyer's Agent
Sharon Dolezal
Compass
List Price
$439,900
Sold Price
$432,000
Premium/Discount to List
-$7,900
-1.8%
Current Estimated Value
$583,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,081
Avg. Annual Appreciation
3.16%
Original Mortgage
$345,600
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 1999
Sold by
Lane Margaret J and Lane James D
Bought by
Lane Margaret J and Lane James D

Purchase Details

Closed on
Oct 5, 1998
Sold by
Lane Margaret J and Lane James D
Bought by
Lane James D and Lane Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.97%

Purchase Details

Closed on
Aug 5, 1996
Sold by
Lane James D and Lane Margaret L
Bought by
Lane Margaret J
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
Tomascello Walter Jill Marie $432,000 None Available
Lane Margaret J -- --
Lane James D -- Universal Title Services Inc
Lane Margaret J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolter Jill Marie Tomsello $317,100
Closed Tomascello Walter Jill Marie $345,600
Previous Owner Lane Margaret J $230,000
Previous Owner Lane James D $0
Previous Owner Lane James D $150,000
Previous Owner Lane James $244,000
Previous Owner Lane James $70,000
Previous Owner Lane James D $227,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2016 05/23/16 Sold $432,000 -1.8% $154 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $439,900 -- $157 / 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 $13,223 $165,015 $30,354 $134,661
2023 $12,921 $147,585 $27,148 $120,437
2022 $11,152 $125,097 $27,396 $97,701
2021 $10,637 $116,543 $25,523 $91,020
2020 $13,795 $148,171 $48,818 $99,353
2019 $13,538 $141,818 $46,725 $95,093
2018 $12,924 $132,317 $43,164 $89,153
2017 $12,698 $124,651 $40,663 $83,988
2016 $12,628 $116,911 $38,138 $78,773
2013 -- $95,424 $35,577 $59,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09169206

Midwest Real Estate Data (MRED)

APN: 20-08-303-011