NOT LISTED FOR SALE

7405 Cove Dr Cary, IL 60013

Estimated Value: $544,427 - $609,000

4 Beds
3 Baths
2,820 Sq Ft
$205/Sq Ft Est. Value

About This Home

This home is located at 7405 Cove Dr, Cary, IL 60013 and is currently estimated at $577,357, approximately $204 per square foot. 7405 Cove Dr is a home located in McHenry County with nearby schools including Deer Path Elementary School, Cary Jr High School, and Cary Grove High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Schroeter Michael R and Schroeter Diana S
Bought by
Schroeter Family Revocable Living Trust and Schroeter
Current Estimated Value
$579,134

Purchase Details

Closed on
May 15, 1998
Sold by
Amundsen Clifford A and Amundsen Linda R
Bought by
Schroeter Michael R and Schroeter Diana S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,650
Interest Rate
7.25%
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Schroeter Family Revocable Living Trust -- None Listed On Document
Schroeter Michael R $246,500 Land Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schroeter Michael R $164,000
Previous Owner Schroeter Michael R $188,400
Previous Owner Schroeter Michael R $193,400
Previous Owner Schroeter Michael R $100,000
Previous Owner Schroeter Michael R $86,000
Previous Owner Schroeter Michael R $180,650
Source: Public Records

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 $12,804 $168,174 $27,172 $141,002
2023 $12,530 $150,411 $24,302 $126,109
2022 $13,451 $156,991 $31,625 $125,366
2021 $12,841 $146,255 $29,462 $116,793
2020 $12,470 $141,077 $28,419 $112,658
2019 $12,230 $135,027 $27,200 $107,827
2018 $11,537 $124,736 $25,127 $99,609
2017 $11,327 $117,509 $23,671 $93,838
2016 $11,260 $110,213 $22,201 $88,012
2013 -- $94,748 $20,711 $74,037
Source: Public Records

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