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231 Spring Street

231 Spring Street, Cary, IL 60013
Property in Cary Woods
Sold Jul 19, 2018
$186,000
$165,000 by First Savings Bank
Mortgage Due Dec 01, 2050
Sold Jun 29, 1998
$136,000
$108,800 by Norwest Mtg
Mortgage Due Jul 01, 2028
231 Spring Street in Cary, IL was first built in 1925 and is 99 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 231 Spring Street has 1,697 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 17,424 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of wood shingle. As for heating, the home is utilizing a hot water heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 231 Spring Street sold most recently in Jul 10, 2018 for a total of $186,000. If you work out the math, that's approximately a cost of $69.69 per sqft. Before that, the property was also sold for $136,000 in Jun 26, 1998. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,430 in taxes each year. 231 Spring Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $63,995. If we break it down further, the land itself was valued at $20,749. Improvements to the property, however, were assessed at a total of $43,246. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Wood shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 972
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 2,669
  • Building Area: 1,697
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,697
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.4
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2021R0009489 PT SE1/4 NE1/4

Ownership

  • Current Owner : CAHILL MICHAEL J
  • Previous Owner : IVONAVITHC RICK A
  • Previous Owner 2: READ CELIA A
  • Owner Before Previous Owner: BROWN SKY MARK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871600

Geography

  • Parcel: 19-13-282-009
  • Block: 282
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.206
  • Longitude: -88.2409

    Address

  • Full Address: 231 Spring St
  • Address - House Number: 231
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: IL
  • City Name: Cary
  • Carrier Code: C012
  • 4-Digit Zip Code: 2818
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,430
  • Tax Rate Code Area: 19007

    Appraisal Valuation

  • Standard Deviation: 0.1607
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 267,700
  • High Value: 310,725
  • Low Value: 224,675

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $215,000
  • First Open Lien Mortgage Lender: FIRST SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Feb 19, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $165,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050
  • Second Open Lien Mortgage Lender: METRO FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jun 30, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 24, 2043

    Market Valuation

  • Market Total Value: $191,985
  • Market Land Value: $62,247
  • Market Improvement Value: $129,738

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,995
  • Assessed Land Value: $20,749
  • Assessed Improvements Value: $43,246

    Sales

  • Current Sale Contract Date: Jul 10, 2018
  • Current Sale Recording Date: Jul 19, 2018
  • Current Sale Transaction ID: 11483586510
  • Current Sale Price: $186,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018R0024241
  • Previous Sale Recording Date: Jun 29, 1998
  • Previous Sale Contract Date: Jun 26, 1998
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLIANT CU
  • First Mortgage Transaction Date: Jul 19, 2018
  • First Mortgage Loan Amount: $166,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: NORWEST MTG
  • Previous Mortgage Transaction Date: Jun 29, 1998
  • Previous Mortgage Loan Amount: $108,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2028

About Cary Woods



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Frequently Asked Questions

What neighborhood is 231 Spring Street located in?
The 231 Spring Street is a located in the neighborhood of Cary Woods in Cary Woods, Cary.
What is the average sales price for listings in 231 Spring Street?
The average sales price for units in 231 Spring Street is $0 currently.

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