1220 Meghan Ave Algonquin, IL 60102
Estimated Value: $320,000 - $337,000
3
Beds
--
Bath
1,188
Sq Ft
$275/Sq Ft
Est. Value
About This Home
This home is located at 1220 Meghan Ave, Algonquin, IL 60102 and is currently estimated at $326,653, approximately $274 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
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
Outstanding Balance
$68,399
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$258,254
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
Map
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