1401 Richmond Ln Algonquin, IL 60102
Estimated Value: $530,000 - $596,000
4
Beds
3
Baths
3,300
Sq Ft
$167/Sq Ft
Est. Value
About This Home
This home is located at 1401 Richmond Ln, Algonquin, IL 60102 and is currently estimated at $551,711, approximately $167 per square foot. 1401 Richmond Ln is a home located in Kane County with nearby schools including Westfield Community School, Harry D Jacobs High School, and St Margaret Mary Catholic School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 12, 2024
Sold by
Vallenas Vladimir and Vallenas Monica
Bought by
Vallenas Joint Trust and Vallenas
Current Estimated Value
Purchase Details
Closed on
Nov 7, 2008
Sold by
Anderson Gary and Anderson Bettye
Bought by
Vallenas Vladimir and Vallenas Monica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 31, 2003
Sold by
Fanning Gary L and Fanning Jami L
Bought by
Anderson Gary and Anderson Bettye
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,600
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 1997
Sold by
Willoughby Farms First Ltd Partnership
Bought by
Fanning Gary L and Fanning Jami L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,200
Interest Rate
7.81%
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vallenas Joint Trust | -- | None Listed On Document | |
| Vallenas Vladimir | $300,000 | Chicago Title Insurance Co | |
| Anderson Gary | $372,000 | Chicago Title Insurance Co | |
| Fanning Gary L | $190,333 | Stewart Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vallenas Vladimir | $240,000 | |
| Previous Owner | Anderson Gary | $297,600 | |
| Previous Owner | Fanning Gary L | $227,200 |
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 | $11,091 | $154,439 | $24,205 | $130,234 |
| 2023 | $10,537 | $138,959 | $21,779 | $117,180 |
| 2022 | $10,618 | $134,891 | $21,779 | $113,112 |
| 2021 | $10,300 | $127,364 | $20,564 | $106,800 |
| 2020 | $10,094 | $124,501 | $20,102 | $104,399 |
| 2019 | $9,787 | $118,190 | $19,083 | $99,107 |
| 2018 | $9,855 | $115,850 | $18,705 | $97,145 |
| 2017 | $9,449 | $108,373 | $17,498 | $90,875 |
| 2016 | $9,825 | $106,369 | $16,942 | $89,427 |
| 2015 | -- | $98,404 | $17,040 | $81,364 |
| 2014 | -- | $93,239 | $16,569 | $76,670 |
| 2013 | -- | $96,093 | $17,076 | $79,017 |
Source: Public Records
Map
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