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7111 Swallow Way

7111 Swallow Way, Cary, IL 60013
Property in Northwood Acres
Sold May 07, 2021
$470,000
$446,500 by Guaranteed Rate Inc
Mortgage Due May 01, 2051
Sold Jun 30, 1997
$314,000
$257,550 by R J Financial Services Inc
Mortgage Due Jul 01, 2027
7111 Swallow Way 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 1997 and is 27 years old. 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, 7111 Swallow Way has 3,109 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 2,300 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 22,651 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. In terms of heating, it is utilizing a forced air unit and being fueled with gas. 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, 7111 Swallow Way was last sold in Apr 19, 2021 for $470,000. According to our calculations, that's $96.33 per sqft. Prior to that sales transaction, the property was sold for $314,000 in Jun 27, 1997. Current property owners are expected to pay $12,787 in taxes per year. The property on 7111 Swallow Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $149,544. To break that down further, the land itself was valued at $38,986. While improvements to the property were assessed at a total of $110,558. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,770
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Lot Size Depth Feet: 2,300
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,879
  • Building Area: 3,109
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,109
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHWOOD ACRES
  • Land Acres: 0.528
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2021R0025121 LT 90 NORTHWOOD ACRES MEMO: BARCHARD, DEAN W/JOHNSON, DENISE M

Ownership

  • Current Owner : BARCHARD DEAN W
  • Current Owner 2: JOHNSON DENISE M
  • Previous Owner : KING ROBERT
  • Previous Owner 2: KING DEBRA L
  • Owner Before Previous Owner: MUIRFIELD BUILDERS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Geography

  • Parcel: 20-07-203-017
  • Block: 203
  • Lot: 90
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2241
  • Longitude: -88.2264

    Address

  • Full Address: 7111 Swallow Way
  • Address - House Number: 7111
  • Address - Street Name: Swallow
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Cary
  • Carrier Code: R005
  • 4-Digit Zip Code: 6049
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,787
  • Tax Rate Code Area: 20041

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 568,832
  • High Value: 655,386
  • Low Value: 482,278

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $446,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: May 07, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $446,500
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $448,632
  • Market Land Value: $116,958
  • Market Improvement Value: $331,674

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $149,544
  • Assessed Land Value: $38,986
  • Assessed Improvements Value: $110,558

    Sales

  • Current Sale Contract Date: Apr 19, 2021
  • Current Sale Recording Date: May 07, 2021
  • Current Sale Transaction ID: 11834573453
  • Current Sale Price: $470,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021R0025121
  • Previous Sale Recording Date: Jun 30, 1997
  • Previous Sale Contract Date: Jun 27, 1997
  • Previous Sale Amount: $314,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 07, 2021
  • First Mortgage Loan Amount: $446,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: R J FINANCIAL SERVICES INC
  • Previous Mortgage Transaction Date: Jun 30, 1997
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $257,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2027

About Northwood Acres



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Frequently Asked Questions

What neighborhood is 7111 Swallow Way located in?
The 7111 Swallow Way is a located in the neighborhood of Northwood Acres in Northwood Acres, Cary.
What is the average sales price for listings in 7111 Swallow Way?
The average sales price for units in 7111 Swallow Way is $0 currently.

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