NOT LISTED FOR SALE

701 Spring Beach Way Cary, IL 60013

Estimated Value: $602,976 - $671,000

3 Beds
4 Baths
2,660 Sq Ft
$235/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $485,000 $182 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,248/month

171 Days on Market

Highlights

  • Lake Front
  • Boat Slip
  • Landscaped Professionally
  • Cary Grove High School Rated A
  • Heated Floors
  • Deck

About This Home

As of March 2014

Private waterfront home on Fox River. Amazing custom home, full of details too numerous to mention. Included are SS Appliances, Granite Counter Tops, Master Retreat, Hard Wood and Ceramic fls, Extensive Cabinetry and Storage, Main Flr Laundry and Office, Fireplace, Dual Patio Doors onto large deck with glass railings, Walk out with 2nd kitchen and 3rd Bath, Private Boat Dock.

Last Agent to Sell the Property

Ryan Gehris

USRealty.com, LLP Listed on: 09/19/2013

Last Buyer's Agent

Ryan Gehris

USRealty.com, LLP Listed on: 09/19/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,450

Year Built

  • 2006

Lot Details

  • Lake Front
  • River Front
  • Southern Exposure
  • Landscaped Professionally

HOA Fees

  • $21 per month

Parking

  • Detached Garage
  • Garage ceiling height seven feet or more
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Prairie Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Water Views
  • Laundry on main level

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower
  • Solar Tube

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Boat Slip
  • Deck
  • Brick Porch or Patio

Location

  • Property is near a park

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Private or Community Septic Tank

Community Details

  • Stream

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,450

Year Built

2006

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Age: 6-10 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Prairie
  • Type Detached: 2 Stories
  • Estimated Year Built: 2006
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Interior Property Features: Skylight(s), Hardwood Floors, Heated Floors, Solar Tubes/Light Tubes, 1st Floor Laundry
  • Number Of Rooms: 6
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Water-Softener Owned, TV-Dish, Security System, CO Detectors, Ceiling Fan, Fan-Attic Exhaust
  • Fireplace Details: Wood Burning, Gas Logs, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Walkout
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Full Body Spray Shower
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X6, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Dining Room: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar, Galley, Island, Pantry-Walk-in
  • Master Bedroom: Dimensions: 21X15, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Other, Dimensions: 28X14, On Level: Lower, Flooring: Wood Laminate, Windows: All
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 14X10, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 2660
  • Dining Room Type: Combined w/ FamRm
  • Family Room: Dimensions: 17X16, On Level: Main Level, Flooring: Hardwood, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Deck, Patio, Porch, Brick Paver Patio, Boat Slip
  • Exposure: S (South), Lake/Water
  • Acreage: 0.4411

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage, Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s), 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 250
  • Management Contact Name: Jack
  • Management Phone: 847-922-8275

Fee Information

  • Management Company: Spring Beach

Schools

  • Junior High Dist: 26

Lot Info

  • Lot Dimensions: 58X279X283X50
  • Lot Description: River Front, Park Adjacent, Stream, Water View, Landscaped Professionally
  • Parcel Identification Number: 2017177039

Tax Info

  • Taxes: 9156.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2013
Closed on
Mar 31, 2014
Sold by
Reeder Dale and Reeder Stephanle
Bought by
Sutton Richard P and Dean Tina M
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Ryan Gehris
USRealty.com, LLP
List Price
$520,000
Sold Price
$485,000
Premium/Discount to List
-$35,000
-6.73%
Current Estimated Value
$625,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,494
Avg. Annual Appreciation
2.22%
Original Mortgage
$291,000
Outstanding Balance
$221,464
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$404,030

Purchase Details

Closed on
Dec 15, 2006
Sold by
Gibson Victor P and Brockway Robert M
Bought by
Reeder Dale and Reeder Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 21, 2005
Sold by
Hermes Charlene R
Bought by
Gibson Victor P and Brockway Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Sutton Richard P $485,000 Heritage Title Company
Reeder Dale $710,000 Multiple
Gibson Victor P $240,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutton Richard P $291,000
Previous Owner Reeder Dale $67,000
Previous Owner Reeder Dale $568,000
Previous Owner Gibson Victor P $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2014 03/31/14 Sold $485,000 -2.8% $182 / Sq Ft
03/09/2014 03/09/14 Pending -- -- --
12/13/2013 12/13/13 Price Changed $499,000 -2.0% $188 / Sq Ft
11/03/2013 11/03/13 Price Changed $509,000 -2.1% $191 / Sq Ft
09/19/2013 09/19/13 For Sale $520,000 -- $195 / 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 $11,450 $164,740 $33,066 $131,674
2023 $11,232 $147,339 $29,573 $117,766
2022 $12,219 $155,337 $51,591 $103,746
2021 $11,667 $144,715 $48,063 $96,652
2020 $11,327 $139,592 $46,362 $93,230
2019 $11,122 $133,606 $44,374 $89,232
2018 $10,494 $123,423 $40,992 $82,431
2017 $10,314 $116,272 $38,617 $77,655
2016 $10,273 $109,052 $36,219 $72,833
2013 -- $96,296 $33,788 $62,508
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Ryan Gehris

    USRealty.com, LLP

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08448997

Midwest Real Estate Data (MRED)

APN: 20-17-177-039

Illinois McHenry County Cary 60013

701 Spring Beach Way, Cary, IL

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