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$295,000 Just Listed
Property Description
Awesome starter home or perfect for someone who wants everything on one level! Spacious layout with large addition in the back of house. Enjoy cozy fires in the winter with TWO fireplaces & an awesome backyard in the summer. Great ceiling heights and great overall flow. Beamed ceilings & wood burning fireplace make the family room a perfect spot for movie nights or entertaining guests. Ideal location close to everything. Great garage that even boasts a small workshop. Truly a gardener's delight in the backyard with mini-greenhouse all ready for your green thumb and has produced loads of fresh veggies over the years. Well maintained home with great owners. Central air, side by side washer/dryer, nice storage options with a walk-in-closet, big kitchen, & a pantry. Lease back or extended close preferred.
Full Property Details
Full Property Details for 485 W Margaret Terrace
General
- Price: $295,000
- Taxes: $5,844 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12668902
- Updated: Today (8/25/2026)
- Added to Site: Today
Interior
- Basement: Crawl Spac
- Interior Features: Vaulted Ceiling(s), 1st-Floor Bedroom, 1st-Floor Bath, Built-in Features, Walk-In Closet(s), High Ceilings, Beamed Ceilings, Open Floorplan, Dining Combo, Pantry
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room, Living Room, More than one
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Flooring: Hardwood, Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Cary / Oakwood Hills / Trout Valley
- County: McHenry
- Township: Algonquin
- Driving Directions: Silver Lake Road to Margaret Terrace
School Information
- School District: 26
- Elem School District: 26
- Midd School District: 26
- High School District: 155
- Middle School: Cary Junior High School
- High School: Cary-Grove Community High School
- Private School: Cary-Grove Community High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Other
- Exterior Const.: Other
- Basement: Yes
- Basement Desc.: Crawl Space
- Sub-Flooring: Hardwood, Laminate, Wood
- Square Feet: 1,350
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 1956
- Built Before 1978: Yes
- Remodeled/Updated: 2005
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 8712
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1956
- Tax Amount: $5,844
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1912329002
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 485 W Margaret Terrace
| Name | Grades | Distance |
|---|---|---|
Three Oaks School 1514 Three Oaks Road, Cary, IL 60013 | PK-5 | 1.1 mi |
Cary Jr High School 2109 Crystal Lake Road, Cary, IL 60013 | 6-8 | 1 mi |
Cary-Grove Community High School 2208 Three Oaks Road, Cary, IL 60013 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 485 W Margaret Terrace
Date
Details
Price
Change
Source
8/25/2026
Listed
$295,000
130.47%
MLS
12/10/2014
Sold
$128,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 485 W Margaret Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,844
3%
$77,399
12%
2023
$5,667
100%
$69,223
23%
2022
-100%
$56,499
7%
2021
$4,487
—
$52,635
4%
2021
$4,487
6%
$50,771
4%
2019
$4,246
9%
$48,594
15%
2017
$3,884
-2%
$42,291
-6%
2018
$3,979
4%
$44,891
13%
2016
$3,833
1%
$39,665
7%
2015
$3,782
-6%
$37,202
-14%
2014
$4,019
—
$43,199
-4%
2013
$4,027
—
$45,102
-6%
2012
$4,011
—
$48,078
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 485 W Margaret Terrace
485 W Margaret Terrace, Cary, IL 60013 (MLS# 12668902) is a Single Family property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 485 W Margaret Terrace is currently listed for $295,000 and was received on August 25, 2026. Want to learn more about 485 W Margaret Terrace? Do you have questions about finding other Single Family real estate for sale in Cary? You can browse all Cary real estate or contact a Coldwell Banker agent to request more information.
