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335 West Margaret Terrace

335 West Margaret Terrace, Cary, IL 60013
Sold Jun 15, 2020
$217,000
$157,000 by Wintrust Mortgage
Mortgage Due Jul 01, 2050
Sold Apr 22, 2003
$213,000
$170,400 by Abn Amro Mortgage Group Inc
Mortgage Due May 01, 2033
335 West Margaret Terrace has been categorized by the local assessors in Cary, IL as a residential type of property. The building on the property was first built in 1968 and is 56 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 335 West Margaret Terrace has 1,886 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,320 ft and across the front of the lot is 660 ft. The area measurement of the land has been determined as 8,715 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. The exterior walls of the building are made of wood. The inside of the home is being cooled with a window/unit air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. 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, 335 West Margaret Terrace sold most recently in Jun 5, 2020 for a total of $217,000. If you work out the math, that's approximately a cost of $89.23 per sqft. Before that, the property was also sold for $213,000 in Apr 18, 2003. 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 $4,686 in taxes each year. 335 West Margaret Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $80,565. If we break it down further, the land itself was valued at $16,565. Improvements to the property, however, were assessed at a total of $64,000. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Cedar Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 546
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,715
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,432
  • Building Area: 1,886
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,886
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HANSONS OAK VIEW ESTATES
  • Land Acres: 0.2
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2021R0023412 LT 40 HANSONS OAK VIEW ESTATES

Ownership

  • Current Owner : GAINER PENNEY JO
  • Previous Owner : PATERSON WILLIAM P
  • Previous Owner 2: PATERSON KAREN A
  • Owner Before Previous Owner: KREBS JEFFREY J
  • Owner Before Previous Owner 2: KREBS JAN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871305

Geography

  • Parcel: 19-12-409-017
  • Block: 409
  • Lot: 40
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2169
  • Longitude: -88.2435

    Address

  • Full Address: 335 W Margaret Ter
  • Address - House Number: 335
  • Street Direction: W
  • Address - Street Name: Margaret
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Cary
  • Carrier Code: C011
  • 4-Digit Zip Code: 2159
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,686
  • Tax Rate Code Area: 19007

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 297,055
  • High Value: 359,239
  • Low Value: 234,872

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,000
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 15, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $157,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $241,695
  • Market Land Value: $49,695
  • Market Improvement Value: $192,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,565
  • Assessed Land Value: $16,565
  • Assessed Improvements Value: $64,000

    Sales

  • Current Sale Contract Date: Jun 05, 2020
  • Current Sale Recording Date: Jun 15, 2020
  • Current Sale Transaction ID: 11767754902
  • Current Sale Price: $217,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020R0021445
  • Previous Sale Recording Date: Apr 22, 2003
  • Previous Sale Contract Date: Apr 18, 2003
  • Previous Sale Amount: $213,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Jun 15, 2020
  • First Mortgage Loan Amount: $157,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Apr 22, 2003
  • Previous Mortgage Loan Amount: $170,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2033

About Big Oak Manor



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$2,350 /mo

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401 Haber Road #112, Cary, IL, 60013 Listing by Shawn Murphy

Frequently Asked Questions

What neighborhood is 335 West Margaret Terrace located in?
The 335 West Margaret Terrace is a house located in the neighborhood of Big Oak Manor in Big Oak Manor, Cary.
What is the average sales price for listings in 335 West Margaret Terrace?
The average sales price for units in 335 West Margaret Terrace is $0 currently.

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