NOT LISTED FOR SALE

705 Spring Beach Way Cary, IL 60013

Estimated Value: $536,000 - $771,300

4 Beds
3 Baths
2,465 Sq Ft
$270/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $730,000 $296 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,471/month

6 Days on Market

Highlights

  • Boat Dock
  • Boat Slip
  • Second Garage
  • Cary Grove High School Rated A
  • River Front
  • 0.84 Acre Lot

About This Home

As of April 2024

Rarely available historic waterfront home completely updated to include all of today's modern conveniences. Set on a generous double lot which is unique to the lower river, 705 Spring Beach Way was one of the very first homes built on the street in the early 1940s and it has been perched high and dry ever since, allowing countless memories to be made along the nearly 100 feet of river frontage without concern for floods or even the need for flood insurance. EVERY part of the home has been renovated beautifully: from the open kitchen with Thor appliances and 16-foot island, to the in-law suite, to all three bathrooms. 9-foot ceilings, wood floors, new windows and gorgeous design finishes leave the home feeling light, bright and magazine-ready. But wait...there's more! 4-car garage, new deck, covered porch, fire pit, new decking on the pier, new well pump, new roof, new hot water heater, new furnace, new A/C, new reverse osmosis water filtration system, new washer/dryer, new EVERYTHING...all within the last 2 years! Excellent schools and parks, plus easy access to Downtown Cary for Metra, shopping, restaurants and more. Sit back and relax at home while enjoying the Fourth of July fireworks show across the river at Picnic Grove Park or get out and enjoy all the planned neighborhood activities. Homes like this don't become available often, so don't miss your chance. Schedule your showing today!

Last Agent to Sell the Property

Mo Marienthal

Compass License #475195297 Listed on: 03/20/2024

Compass

Co-Listed By

Kate Fanselow

Compass License #475191348

Last Buyer's Agent

Kim Alden

Compass License #475122036

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,317

Year Built

  • Built in 1943 | Remodeled in 2023

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 116x278x101x278
  • River Front
  • Paved or Partially Paved Lot
  • Mature Trees

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 4 Car Detached Garage
  • Second Garage
  • Multiple Garages
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,465 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Sitting Room
  • Formal Dining Room
  • Recreation Room
  • Heated Sun or Florida Room
  • Screened Porch
  • Wood Flooring
  • Water Views
  • Unfinished Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Tideland Water Rights
  • Boat Slip
  • Docks
  • Deck
  • Fire Pit

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Community Details

Overview

  • Association fees include lake rights

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,317

Year Built

Built in 1943 | Remodeled in 2023

Lot Details

0

HOA Fees

$25 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1943
  • 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): Yes
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Some Wood Floors
  • LivingArea: 2465
  • Room Type: Heated Sun Room, Sitting Room, Recreation Room, Family Room, Foyer, Kitchen, Deck, Screened Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access,Rec/Family Area
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck, Porch, Boat Slip, Fire Pit
  • Foundation Details: Concrete Perimeter
  • Lot Features: River Front, Water Rights, Water View, Mature Trees, Dock, Views, Waterfront
  • OtherStructures: Other, Second Garage, Boat Dock, Garage(s)
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Aluminum Siding,Brick,Frame,Stone

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Driveway: Asphalt
  • Garage Details: Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Community Features: Park, Water Rights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Lake Rights, Other

Lot Info

  • Lot Size Acres: 0.8415
  • Lot Dimensions: 116X278X101X278
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11317.2
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Apr 19, 2024
Sold by
Balicki Megan Kathleen
Bought by
Brickey Matthew and Calzaretta Gina
Seller's Agent
Mo Marienthal
Compass
Buyer's Agent
Kim Alden
Compass
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%
Views
76
Current Estimated Value
$666,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,925
Avg. Annual Appreciation
-5.93%
Original Mortgage
$680,000
Outstanding Balance
$669,820
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$3,745

Purchase Details

Closed on
Mar 11, 2015
Sold by
Schwartz Robert S and Schwartz Josephine A
Bought by
Living Trust Of Robert S Schwartz & Jose and Schwartz Josephine A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brickey Matthew $730,000 First American Title
Living Trust Of Robert S Schwartz & Jose -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brickey Matthew $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2024 04/26/24 Sold $730,000 -2.7% $296 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $750,000 +80.7% $304 / Sq Ft
04/22/2022 04/22/22 Sold $415,000 -17.0% $168 / Sq Ft View Prior Sale
03/26/2022 03/26/22 For Sale $499,900 0.0% $203 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $499,900 -- $203 / 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 $11,524 $165,750 $54,595 $111,155
2023 $10,611 $139,637 $48,828 $90,809
2022 $11,317 $138,320 $77,303 $61,017
2021 $13,852 $164,694 $72,017 $92,677
2020 $4,449 $158,864 $69,468 $89,396
2019 $12,119 $152,052 $66,489 $85,563
2018 $11,570 $140,464 $61,422 $79,042
2017 $5,095 $132,326 $57,863 $74,463
2016 $5,431 $124,110 $54,270 $69,840
2013 -- $95,337 $50,626 $44,711
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12003289

Midwest Real Estate Data (MRED)

APN: 20-17-177-038