Courtney Menna & Matt Menna Sell La Grange Home For Record $3.15M With Ellyn Collins & Michael Collins As Representatives
200 South Stone Avenue
$3,150,000
$525/SF
Building Size
6,000 SF
Asset Type
Single Family
Closing
Nov 4, 2024
AI
The property located at 200 South Stone Avenue in La Grange is a single-family home encompassing 6,000 square feet. It was sold for $3,150,000, achieving a price per square foot of $525. The residence features five bedrooms and underwent extensive renovations after being acquired by the Menna family for $922,500 in 2011. The transaction marks the highest publicly recorded sale price in La Grange's history and was listed for several months before closing approximately 88% of its original asking price.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,150,000
- Address: 200 South Stone Avenue
- Market: La Grange
- Square Footage: 6,000
- Price Per Square Foot: $525
- Seller: Courtney Menna & Matt Menna
- Buyer's Representative: Saulius Galinskas - Compass
- Seller's Representatives: Ellyn Collins & Michael Collins - Coldwell Banker
Matt Menna, who serves as the managing principal and chief design officer at Sterling Bay, sold the property. The sale reflects a significant transaction in the region, and the involved representatives from Compass and Coldwell Banker facilitated the deal.
Players
La Grange Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93