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28950 West Rivers Edge Drive

28950 West Rivers Edge Drive, Cary, IL 60013
Property in Rivers Edge
Sold Nov 15, 2021
$425,000
$340,000 by Envoy Mortgage Ltd
Mortgage Due Nov 01, 2051
Sold Jan 08, 2010
$340,000
$272,000 by Vandyk Mortgage Corp
Mortgage Due Jan 01, 2040
Local assessors in Cary, IL have categorized 28950 West Rivers Edge Drive as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 55,613 square feet. The linear feet between the front and back of the lot was measured at 3,190 ft and the front of the lot was measured at 1,730 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 28950 West Rivers Edge Drive has a total of 2,840 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 770 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 28950 West Rivers Edge Drive was last sold in Oct 1, 2021 for $425,000. According to our calculations, that's $87.77 per sqft. Prior to that sales transaction, the property was sold for $340,000 in Dec 4, 2009. Current property owners are expected to pay $9,994 in taxes per year. The property on 28950 West Rivers Edge Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $140,928. To break that down further, the land itself was valued at $13,594. While improvements to the property were assessed at a total of $127,334. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,232
  • Garage Type: Attached
  • Garage Square Area: 770
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 55,613
  • Lot Size Depth Feet: 3,190
  • Lot Size Frontage Feet: 1,730
  • Total Building Area: 4,842
  • Gross Building Area: 4,842
  • Building Area: 2,840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: RIVERS EDGE SUB
  • Land Acres: 1.277
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIVERS EDGE SUB LOT 2

Ownership

  • Current Owner : ANDERSON MARK
  • Current Owner 2: MATHEWS ASHLEY
  • Previous Owner : SWANSON ROBERT
  • Previous Owner 2: SWANSON LORI
  • Owner Before Previous Owner: OLSON RILEY JOYCE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 864303

Geography

  • District: CUBA
  • Parcel: 13-09-311-002
  • Lot: 2
  • Municipality: TWP OF CUBA
  • Latitude: 42.2139
  • Longitude: -88.1983

    Address

  • Full Address: 28950 W Rivers Edge Dr
  • Address - House Number: 28950
  • Street Direction: W
  • Address - Street Name: Rivers Edge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Cary
  • Carrier Code: R001
  • 4-Digit Zip Code: 9734
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,994
  • Tax Rate Code Area: 14056

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 514,910
  • High Value: 602,479
  • Low Value: 427,341

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: ENVOY MORTGAGE LTD
  • First Open Lien Mortgage Recording Date: Nov 15, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $340,000
  • 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: Nov 01, 2051
  • Second Open Lien Mortgage Lender: GREAT LAKES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jun 24, 2022
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $422,826
  • Market Land Value: $40,786
  • Market Improvement Value: $382,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,928
  • Assessed Land Value: $13,594
  • Assessed Improvements Value: $127,334

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Nov 15, 2021
  • Current Sale Transaction ID: 11865943821
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7844180
  • Previous Sale Recording Date: Jan 08, 2010
  • Previous Sale Contract Date: Dec 04, 2009
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENVOY MORTGAGE LTD
  • First Mortgage Transaction Date: Nov 15, 2021
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: VANDYK MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 08, 2010
  • Previous Mortgage Loan Amount: $272,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2040

About Rivers Edge



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Frequently Asked Questions

What neighborhood is 28950 West Rivers Edge Drive located in?
The 28950 West Rivers Edge Drive is a located in the neighborhood of Rivers Edge in Rivers Edge, Cary.
What is the average sales price for listings in 28950 West Rivers Edge Drive?
The average sales price for units in 28950 West Rivers Edge Drive is $0 currently.

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