NOT LISTED FOR SALE

1031 Timberwood Ln Algonquin, IL 60102

Estimated Value: $343,000 - $365,838

3 Beds
3 Baths
1,496 Sq Ft
$238/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $260,000 $174 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,593/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Wood Flooring
  • Algonquin Lakes Elementary School Rated A-
  • Vaulted Ceiling
  • 2-minute walk to Holder Memorial Park

About This Home

As of June 2020

LIGHT, BRIGHT, & BEAUTIFUL - This is the home you've been waiting for! Immaculate 3 bed/2.5 bath, 2100 total sq ft of living space in highly desired Cinnamon Creek. Meticulous attention to every detail in this amazing rehabbed home with an open floor-plan & abundance of natural light. New hardwood floors, carpet, doors, windows, lighting & paint throughout. Fully remodeled kitchen w/ ss GE appliance suite & quartz counters. Master w/vaulted ceiling, wic & private bath, plus 2 more bedrooms, full bath & laundry on 2nd floor. Fully finished basement w/roughed-in plumbing for wet-bar or laundry. Relax in the large fenced backyard w/patio and low-maintenance landscaping. Perfect location - Close to shopping, schools & bike trail, steps from Holder Memorial Park, & only 1 mile from downtown Alg with its riverside parks & lively Main St. All this & Low Taxes! Nothing to do but move in & enjoy everything this home has to offer. 3D Virtual Tour - Don't wait, this one won't last long!

Last Agent to Sell the Property

Mike Berg

Berg Properties License #475114838 Listed on: 05/07/2020

Last Buyer's Agent

Lizabeth Lowe

Century 21 Integra License #471000558

Century 21 Integra

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,204

Year Built | Renovated

  • 1984 | 2020

Lot Details

  • 9,017

Parking

  • Attached Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Recreation Room
  • Lower Floor Utility Room
  • Laundry on upper level
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • North or South Exposure
  • Patio
  • Fenced Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,204

Year Built | Renovated

1984 | 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Square Footage Comments: Over 600 sq ft of addl living space in finished basement.
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 1496
  • Unfinished Basement Sq Ft: 120
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1984
  • Total Sq Ft: 2244
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1984
  • Year Renovated: 2020

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 12X22, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Equipment: CO Detectors, Sump Pump
  • Fireplace Details: Wood Burning, Gas Starter
  • Attic: Full, Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 3X6, On Level: 2nd Level, Flooring: Porcelain Tile, Windows: None
  • Dining Room: Dimensions: 8X11, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 8X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Galley
  • Additional Rooms: Recreation Room, Utility Room-Lower Level
  • Master Bedroom: Dimensions: 12X14, On Level: 2nd Level, Windows: Blinds
  • Additional Room 1 Name: Recreation Rm, Dimensions: 21X33, On Level: Basement, Flooring: Carpet, Windows: None
  • Additional Room 2 Name: Utility Room-Lower Level, Dimensions: 10X12, On Level: Basement, Windows: None
  • Bedroom 2: Dimensions: 10X15, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1496
  • Estimated Total Finished Sq Ft: 2124
  • Basement Sq Ft: 748
  • Basement Finished Sq Ft: 628
  • Main Level Sq Ft: 748
  • Upper Level Sq Ft: 748
  • Dining Room Type: Combined w/ FamRm
  • Family Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 6
  • Parking: Garage, Space/s
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 300
  • Elementary School: Eastview Elementary School
  • Middle School: Algonquin Middle School
  • High School: Dundee-Crown High School
  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: 66X135 X 66X138
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 1935155004

Tax Info

  • Taxes: 4353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Jun 11, 2020
Sold by
Doetsch Michael J and Doetsch Cynthia J
Bought by
Patterson Alexandra and Villanueva Brandon
Seller's Agent
Mike Berg
Berg Properties
Buyer's Agent
Lizabeth Lowe
Century 21 Integra
List Price
$249,500
Sold Price
$260,000
Premium/Discount to List
$10,500
4.21%
Total Days on Market
2
Current Estimated Value
$355,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,960
Avg. Annual Appreciation
6.22%
Original Mortgage
$247,000
Outstanding Balance
$221,991
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$128,949

Purchase Details

Listed on
Aug 6, 2018
Closed on
Oct 26, 2018
Sold by
Schrilla Nicholas
Bought by
Doetsch Michael J and Doetsch Cynthia J
Seller's Agent
Liz Ebbole
Coldwell Banker Realty
Buyer's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
List Price
$199,900
Sold Price
$155,000
Premium/Discount to List
-$44,900
-22.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.35%

Purchase Details

Listed on
Aug 6, 2018
Closed on
Sep 20, 2018
Sold by
Svoboda Kenneth and Schrilla Nicholas
Bought by
Schrilla Nicholas
Seller's Agent
Liz Ebbole
Coldwell Banker Realty
Buyer's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
List Price
$199,900
Sold Price
$155,000
Premium/Discount to List
-$44,900
-22.46%

Purchase Details

Closed on
Sep 20, 2010
Sold by
Svoboda Kenneth and Schrilla Nicholas
Bought by
Schrilla Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2003
Sold by
Avila Mary L
Bought by
Svoboda Kenneth and Schrilla Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,800
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 19, 1994
Sold by
Charter Bank & Trust Na
Bought by
Avila Mary L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patterson Alexandra $260,000 None Available
Doetsch Michael J $155,000 Burnet Title
Schrilla Nicholas -- Burnet Title
Schrilla Nicholas -- Mortgage Information Service
Svoboda Kenneth $204,000 Ticor
Avila Mary L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Alexandra $247,000
Previous Owner Schrilla Nicholas $162,000
Previous Owner Svoboda Kenneth $193,800
Previous Owner Avila Mary L $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $260,000 +4.2% $174 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $249,500 +61.0% $167 / Sq Ft
10/26/2018 10/26/18 Sold $155,000 -8.3% $104 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
10/04/2018 10/04/18 Price Changed $169,000 -5.6% $113 / Sq Ft
09/15/2018 09/15/18 Price Changed $179,000 -5.7% $120 / Sq Ft
08/22/2018 08/22/18 Price Changed $189,900 -5.0% $127 / Sq Ft
08/06/2018 08/06/18 For Sale $199,900 -- $134 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $7,204 $94,060 $17,136 $76,924
2022 $5,616 $71,485 $18,689 $52,796
2021 $5,377 $66,597 $17,411 $49,186
2020 $5,230 $64,240 $16,795 $47,445
2019 $5,095 $61,486 $16,075 $45,411
2018 $4,353 $51,666 $16,486 $35,180
2017 $5,265 $58,869 $15,531 $43,338
2016 $5,175 $55,214 $14,567 $40,647
2013 -- $53,520 $13,589 $39,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10708511

Midwest Real Estate Data (MRED)

APN: 19-35-155-004