NOT LISTED FOR SALE

1095 Meghan Ave Unit 1 Algonquin, IL 60102

Estimated Value: $347,000 - $431,000

3 Beds
2.5 Baths
-- Sq Ft
10,193 Sq Ft Lot

Last Sold October 27, 2023

Last sale price $340,000

Est. 11% increase in value since last sale

Current estimated payment $2,688/month

Highlights

  • Colonial Architecture
  • Deck
  • 2 Car Attached Garage
  • Algonquin Lakes Elementary School Rated A-
  • Vaulted Ceiling
  • Walk-In Closet

About This Home

As of October 2023

Welcome to Cedarwood! It's a wonderful, sought out area with access to the Fox River Trail, easy walking/biking to nearby destinations, downtown Algonquin/Dundee/Carpentersville and beyond! This is your chance to own the biggest model in the neighborhood, not including the extra addition! The open concept kitchen has been expanded to create a large dine in area. The living area is complete with a wood burning fireplace and vaulted ceilings. There is ample room for storage in the massive finished storage closet about the garage. That way you can use the unfinished basement to create more living space. The outside features include an extra large driveway, a storage shed, a firepit and fenced in private yard complete with mature trees. Many updates include the whole house painted 2022, master Bathroom remodeled 2021, kitchen remodeled 2019, new dishwasher 2020, new fridge 2021, new HVAC 2017, new nest thermostat 2023, washer/dryer were replaced in 2015, carpet was installed 2015, half bath remodeled 2016, garbage disposal installed 2015. Home is in great condition but being sold "As-Is".

Last Listed By

Jennifer Ambrose

Keller Williams Success Realty License #475197190 Listed on: 09/22/2023

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,197

Year Built

  • Built in 1982

Lot Details

  • 10,193

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Masonite

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Unfinished Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Lot Dimensions are 66 x 135

Community Details

  • Cedarwood Subdivision, Essex Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,197

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Cedarwood
  • Year Built: 1982
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • Other Equipment: Humidifier, Ceiling Fan(s), Sump Pump
  • Room Type: Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1810
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 320000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Masonite

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 300

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66 X 135
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7197.32
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Oct 23, 2023
Sold by
Ambrose Jennifer and Ambrose Cory
Bought by
Slowik Peter
Seller's Agent
Jennifer Ambrose
Keller Williams Success Realty
Buyer's Agent
Ismael Sagum
Fathom Realty IL LLC
List Price
$320,000
Sold Price
$340,000
Premium/Discount to List
$20,000
6.25%
Total Days on Market
0
Views
24
Current Estimated Value
$377,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,670
Avg. Annual Appreciation
6.97%
Original Mortgage
$272,000
Outstanding Balance
$268,447
Interest Rate
7.58%
Mortgage Type
New Conventional
Estimated Equity
$109,223

Purchase Details

Closed on
Apr 3, 2021
Sold by
Ambrose Cory and Magilda Jennifer
Bought by
Ambrose Cory and Ambrose Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2014
Sold by
Brockman Jarid K
Bought by
Ambrose Cory and Magida Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2011
Sold by
Tagas John C and Tagas Joanna
Bought by
Brockman Jarid K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2004
Sold by
Farr Joseph B and Farr Carolyn
Bought by
Tagas John C and Tagas Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2001
Sold by
Lye Myron K
Bought by
Farr Joseph and Farr Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,927
Interest Rate
6.97%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 1994
Sold by
Lye Myron K and Lye June A
Bought by
Lye Myron K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,500
Interest Rate
7.37%

Range of Values:

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Average Value
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List Price
Sold Price
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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
Slowik Peter $340,000 None Listed On Document
Ambrose Cory -- Fidelity National Title
Ambrose Cory $210,000 Stewart Title
Brockman Jarid K $147,000 Attorneys Title Guaranty Fun
Tagas John C $225,000 Attorneys Title
Farr Joseph $195,000 --
Lye Myron K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slowik Peter $272,000
Previous Owner Ambrose Cory $191,000
Previous Owner Ambrose Cory $191,000
Previous Owner Ambrose Cory $206,196
Previous Owner Brockman Jarid K $115,000
Previous Owner Brockman Jarid K $117,600
Previous Owner Tagas John C $180,000
Previous Owner Farr Joseph B $192,038
Previous Owner Farr Joseph B $193,712
Previous Owner Farr Joseph $187,927
Previous Owner Lye Myron K $109,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $340,000 +6.3% --
09/23/2023 09/23/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $320,000 +52.4% --
03/23/2015 03/23/15 Sold $210,000 -4.5% --
02/19/2015 02/19/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $219,900 -- --
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 $7,012 $91,330 $20,536 $70,794
2022 $7,197 $89,304 $20,536 $68,768
2021 $6,978 $84,321 $19,390 $64,931
2020 $6,846 $82,425 $18,954 $63,471
2019 $6,627 $78,246 $17,993 $60,253
2018 $6,399 $73,214 $17,637 $55,577
2017 $6,185 $68,489 $16,499 $51,990
2016 $6,114 $64,228 $17,971 $46,257
2015 -- $60,183 $16,839 $43,344
2014 -- $55,037 $16,374 $38,663
2013 -- $56,721 $16,875 $39,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11880272

Midwest Real Estate Data (MRED)

APN: 03-03-228-011