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7103 Mallard Way

7103 Mallard Way, Cary, IL 60013
Property in Northwood Acres
Sold May 21, 2021
$410,000
$424,760 by Guardian Mortgage Co Inc
Mortgage Due Jun 01, 2051
Sold Dec 21, 2000
$69,000
$252,700 by Firstar Bank Na
Mortgage Due Jan 01, 2031
7103 Mallard 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 2001 and is 23 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7103 Mallard Way has 3,274 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 2,230 ft and across the front of the lot is 1,450 ft. The area measurement of the land has been determined as 32,234 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. 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, 7103 Mallard Way sold most recently in May 3, 2021 for a total of $410,000. If you work out the math, that's approximately a cost of $86.03 per sqft. Before that, the property was also sold for $69,000 in Nov 29, 2000. 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 $13,268 in taxes each year. 7103 Mallard Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $154,934. If we break it down further, the land itself was valued at $41,515. Improvements to the property, however, were assessed at a total of $113,419. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,492
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 32,234
  • Lot Size Depth Feet: 2,230
  • Lot Size Frontage Feet: 1,450
  • Total Building Area: 4,766
  • Building Area: 3,274
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,274
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHWOOD ACRES
  • Land Acres: 0.742
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2021R0027933 LT 122 NORTHWOOD ACRES

Ownership

  • Current Owner : MOFFETT MICHAEL THOMAS
  • Current Owner 2: MOFFETT ERIN
  • Previous Owner : BART JAMES J
  • Previous Owner 2: BART MARY A
  • Owner Before Previous Owner: HARRIS BANK BARRINGTON
  • 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: 20-07-129-008
  • Block: 129
  • Lot: 122
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2251
  • Longitude: -88.2302

    Address

  • Full Address: 7103 Mallard Way
  • Address - House Number: 7103
  • Address - Street Name: Mallard
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Cary
  • Carrier Code: R005
  • 4-Digit Zip Code: 6018
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,268
  • Tax Rate Code Area: 20041

    Appraisal Valuation

  • Standard Deviation: 0.1642
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 548,782
  • High Value: 638,915
  • Low Value: 458,649

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $424,760
  • First Open Lien Mortgage Lender: GUARDIAN MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: May 21, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $424,760
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $464,802
  • Market Land Value: $124,545
  • Market Improvement Value: $340,257

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $154,934
  • Assessed Land Value: $41,515
  • Assessed Improvements Value: $113,419

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 21, 2021
  • Current Sale Transaction ID: 11836072104
  • Current Sale Price: $410,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0027933
  • Previous Sale Recording Date: Dec 21, 2000
  • Previous Sale Contract Date: Nov 29, 2000
  • Previous Sale Amount: $69,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARDIAN MORTGAGE CO INC
  • First Mortgage Transaction Date: May 21, 2021
  • First Mortgage Loan Amount: $424,760
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTAR BANK NA
  • Previous Mortgage Transaction Date: Dec 21, 2000
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $252,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2031

About Northwood Acres



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Frequently Asked Questions

What neighborhood is 7103 Mallard Way located in?
The 7103 Mallard Way is a located in the neighborhood of Northwood Acres in Northwood Acres, Cary.
What is the average sales price for listings in 7103 Mallard Way?
The average sales price for units in 7103 Mallard Way is $0 currently.

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