NOT LISTED FOR SALE

1340 Ivy Ln Algonquin, IL 60102

Estimated Value: $499,000 - $533,484

5 Beds
4 Baths
2,732 Sq Ft
$188/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $285,000 $104 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,652/month

70 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Attached Garage
  • Algonquin Lakes Elementary School Rated A-
  • Den
  • In-Law or Guest Suite

About This Home

As of July 2016

Make this your dream home and bring your decorating ideas. This is a Stunning 5 bedroom 3.1 bath/spacious family room with fireplace overlooking the prairie/updated kitchen with breakfast area/ Perfect for a growing family. 1st floor Bedroom with full bath ideal for In-laws. Work from home...1st floor office. Hardwood Floors throughout. Bring us your BEST OFFER. Seller is Motivated and wants to sale!!

Last Agent to Sell the Property

Martha Luna

Angels Financial Real Estate Corp License #475151025 Listed on: 01/13/2016

Last Buyer's Agent

Kuljeet Singh

Gava Realty License #471003439

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,383

Year Built

  • 2006

Lot Details

  • 0.32

Parking

  • Attached Garage
  • Brick Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Den
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,383

Year Built

2006

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Age: 6-10 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, In-Law Arrangement
  • Number Of Rooms: 10
  • Living Room: Dimensions: 20X17, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Wood Burning, Gas Logs, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 17X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 10X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom, Den, Foyer
  • Master Bedroom: Dimensions: 23X18, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Den, Dimensions: 9X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 14X17, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 3 Name: Foyer, Dimensions: 7X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 11X15, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 4: Dimensions: 13X15, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 2732
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X18, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Acreage: 0.3256

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Brick
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: 134X133X110X198
  • Parcel Identification Number: 1935430010

Tax Info

  • Taxes: 10533

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2016
Closed on
Jul 1, 2016
Sold by
Velasquez Lesby C
Bought by
Ranjha Mazhar Abbas and Ranjha Khurram
Seller's Agent
Martha Luna
Angels Financial Real Estate Corp
Buyer's Agent
Kuljeet Singh
Gava Realty
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Current Estimated Value
$513,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,371
Avg. Annual Appreciation
6.45%
Original Mortgage
$270,750
Outstanding Balance
$218,138
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$295,233

Purchase Details

Closed on
Feb 18, 2016
Sold by
Velasquez Lelys H
Bought by
Velasquez Lesby C

Purchase Details

Closed on
May 4, 2001
Sold by
Chicago Title Land Trust Company
Bought by
Velasquez Lelys
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ranjha Mazhar Abbas $285,300 None Available
Velasquez Lesby C -- Attorney
Velasquez Lelys $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranjha Mazhar Abbas $270,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $285,000 -1.7% $104 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
02/23/2016 02/23/16 Price Changed $289,900 -3.3% $106 / Sq Ft
01/13/2016 01/13/16 For Sale $299,900 -- $110 / 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
2024 $11,383 $156,087 $30,309 $125,778
2023 $10,840 $139,601 $27,108 $112,493
2022 $10,500 $130,580 $20,766 $109,814
2021 $10,080 $121,651 $19,346 $102,305
2020 $9,832 $117,344 $18,661 $98,683
2019 $9,561 $112,313 $17,861 $94,452
2018 $9,908 $112,267 $19,686 $92,581
2017 $9,630 $105,762 $18,545 $87,217
2016 $10,104 $99,196 $17,394 $81,802
2013 -- $99,131 $16,227 $82,904
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Martha Luna

    Angels Financial Real Estate Corp

    (773) 655-5558

    29 Total Sales

    Martha Luna
    Section Image
  • Kuljeet Singh

    Buyer's Agent in 2016

    Kuljeet Singh

    Gava Realty

    (224) 305-3250

    129 Total Sales

    Kuljeet Singh
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09115806

Midwest Real Estate Data (MRED)

APN: 19-35-430-010

Illinois McHenry County Algonquin 60102

1340 Ivy Ln, Algonquin, IL

Not Listed for Sale

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