NOT LISTED FOR SALE

8420 Chestnut Ln Cary, IL 60013

Estimated Value: $580,000 - $757,000

3 Beds
3 Baths
2,415 Sq Ft
$271/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $497,000 $206 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,389/month

100 Days on Market

Highlights

  • Property fronts a lake that is connected to a chain of lakes
  • Boat Slip
  • Wooded Lot
  • Cary Grove High School Rated A
  • In Ground Pool
  • Whirlpool Bathtub

About This Home

As of March 2016

This is basically a "NEW" home, gutted to the studs and remodeled-Completely new Open floorplan & Configuration! The home's focal point is the views of the RIVER! True Gourmet Kitchen w/HIGH END KitchenAid appliances, 42" cabs, Granite Counters, dramatic butcher block island, High End wood laminate flooring in aged barn wood stain (Dog friendly finish), TONS of closet spaces throughout. Mission style solid oak doors throughout! New LOW E Andersen windows and sliders throughout. New interlocking paverstone patios around new inground pool with decorative fencing off lower level rec room and new decks off Master Suite and Bedroom 2. Master Suite has ball and claw therapy tub! This lovely sand beach Fox River Front home has 2 piers,1 with a roof covering, 75' of private river frontage. They don't get any better than this. Watch Fox River Grove's award winning Independence Day fireworks across the river Pool Front! Views of the Norge Ski Jump too! So close to town, Schools and Metra train

Last Agent to Sell the Property

Jack Sanderson

Baird & Warner License #475122691 Listed on: 11/05/2015

Baird & Warner

Last Buyer's Agent

Jack Sanderson

Baird & Warner License #475122691 Listed on: 11/05/2015

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,590

Year Built

  • 1974

Lot Details

  • Property fronts a lake that is connected to a chain of lakes
  • River Front
  • Southern Exposure
  • Wooded Lot

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Circular Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Dining Area
  • Lower Floor Utility Room
  • Laundry on main level
  • Storage Room
  • Laminate Flooring
  • Water Views
  • Finished Basement
  • Sub-Basement

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • In Ground Pool
  • Boat Slip
  • Balcony
  • Brick Porch or Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,590

Year Built

1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Laundry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 23X26, On Level: Main Level, Flooring: Carpet
  • Equipment: Water-Softener Owned, CO Detectors, Sump Pump
  • Fireplace Details: Wood Burning
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Finished, Partially Finished, Sub-Basement
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 13X11, On Level: Lower, Flooring: Vinyl
  • Dining Room: Dimensions: COMBO, On Level: Lower
  • Kitchen Type: Dimensions: 14X23, On Level: Main Level, Flooring: Wood Laminate
  • Additional Rooms: Eating Area, Foyer, Storage, Utility Room-Lower Level
  • Master Bedroom: Dimensions: 18X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Foyer, Dimensions: 8X10, On Level: Main Level
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Eating Area, Dimensions: 11X15, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Utility Room-Lower Level, Dimensions: 13X7, On Level: Walkout Basement
  • Additional Room 5 Name: Storage, Dimensions: 18X6, On Level: Walkout Basement
  • Estimated Sq Ft: 2415
  • Family Room: Dimensions: 26X16, On Level: Lower, Flooring: Wood Laminate

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Balcony, Patio, Brick Paver Patio, Boat Slip, Pool In-Ground
  • Exposure: N (North), S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt, Circular
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 26

Lot Info

  • Lot Dimensions: 73X269X93X190X11X65
  • Lot Description: Chain of Lakes Frontage, River Front, Water Rights, Water View, Wooded
  • Parcel Identification Number: 2017252009

Tax Info

  • Taxes: 10483

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2015
Closed on
Mar 23, 2016
Sold by
Zack Garry and Zack Laura Kim
Bought by
Zack Jeremy
Seller's Agent
Jack Sanderson
Baird & Warner
Buyer's Agent
Jack Sanderson
Baird & Warner
List Price
$497,700
Sold Price
$497,000
Premium/Discount to List
-$700
-0.14%
Current Estimated Value
$653,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,982
Avg. Annual Appreciation
2.90%
Original Mortgage
$397,600
Outstanding Balance
$314,384
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$339,598

Purchase Details

Listed on
May 22, 2014
Closed on
Jun 13, 2014
Sold by
Illinois State Bank
Bought by
Zack Garry and Zack Laura Kim
Seller's Agent
Naomi Campbell
Coldwell Banker Realty
Buyer's Agent
Naomi Campbell
Coldwell Banker Realty
List Price
$159,900
Sold Price
$207,000
Premium/Discount to List
$47,100
29.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.57%

Purchase Details

Closed on
Feb 7, 2014
Sold by
Wilson Michael H and Wilson Pamela
Bought by
Illinois State Bank

Purchase Details

Closed on
Apr 28, 1997
Sold by
Harris Bank Palatine
Bought by
Wilson Michael H and Wilson Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.05%
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
Zack Jeremy $497,000 Baird & Warner Title Svcs In
Zack Garry $207,000 Burnet Title
Illinois State Bank -- None Available
Wilson Michael H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zack Jeremy $397,600
Previous Owner Wilson Michael H $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2016 03/23/16 Sold $497,000 -0.1% $206 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
11/05/2015 11/05/15 For Sale $497,700 +140.4% $206 / Sq Ft
06/13/2014 06/13/14 Sold $207,000 0.0% $86 / Sq Ft View Prior Sale
06/03/2014 06/03/14 Pending -- -- --
05/28/2014 05/28/14 Off Market $207,000 -- --
05/22/2014 05/22/14 For Sale $159,900 -- $66 / 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 $11,590 $166,657 $44,072 $122,585
2023 $11,370 $149,054 $39,417 $109,637
2022 $12,280 $156,083 $49,811 $106,272
2021 $11,726 $145,410 $46,405 $99,005
2020 $11,383 $140,262 $44,762 $95,500
2019 $11,178 $134,248 $42,843 $91,405
2018 $10,547 $124,017 $39,578 $84,439
2017 $10,366 $116,832 $37,285 $79,547
2016 $10,924 $109,578 $34,970 $74,608
2013 -- $100,065 $32,623 $67,442
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09079977

Midwest Real Estate Data (MRED)

APN: 20-17-252-009