NOT LISTED FOR SALE

1220 Meghan Ave Algonquin, IL 60102

Estimated Value: $322,000 - $342,000

3 Beds
-- Bath
1,188 Sq Ft
$278/Sq Ft Est. Value

About This Home

This home is located at 1220 Meghan Ave, Algonquin, IL 60102 and is currently estimated at $330,282, approximately $278 per square foot. 1220 Meghan Ave is a home located in Kane County with nearby schools including Algonquin Lakes Elementary School, Algonquin Middle School, and Dundee-Crown High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Karp Michael J
Bought by
Karp Michael J and The Michael J Karp Living Trus
Current Estimated Value
$330,282

Purchase Details

Closed on
May 16, 2005
Sold by
Jones Susan L
Bought by
Karp Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1997
Sold by
Strachy Nicholas M
Bought by
Jones Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
7.92%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 29, 1996
Sold by
Nolting William and Nolting Marion
Bought by
Strachy Nicholas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,816
Interest Rate
7.46%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Karp Michael J -- Attorney
Karp Michael J $220,000 Ticor Title Insurance Co
Jones Susan L $145,000 Chicago Title Insurance Co
Strachy Nicholas M $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karp Michael J $140,000
Previous Owner Jones Susan L $130,500
Previous Owner Strachy Nicholas M $134,816
Source: Public Records

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
2024 $6,766 $94,084 $24,968 $69,116
2023 $6,450 $84,653 $22,465 $62,188
2022 $6,408 $80,172 $22,465 $57,707
2021 $6,210 $75,698 $21,211 $54,487
2020 $6,091 $73,996 $20,734 $53,262
2019 $5,893 $70,245 $19,683 $50,562
2018 $5,846 $67,405 $19,293 $48,112
2017 $5,647 $63,055 $18,048 $45,007
2016 $5,818 $61,402 $17,971 $43,431
2015 -- $57,535 $16,839 $40,696
2014 -- $51,619 $16,374 $35,245
2013 -- $53,199 $16,875 $36,324
Source: Public Records

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