NOT LISTED FOR SALE

1497 Merchant Dr Algonquin, IL 60102

Estimated Value: $718,623

-- Bed
-- Bath
-- Sq Ft
2 Acres

About This Home

This home is located at 1497 Merchant Dr, Algonquin, IL 60102 and is currently estimated at $718,623. 1497 Merchant Dr is a home located in McHenry County with nearby schools including Westfield Community School, Kenneth E Neubert Elementary School, and United Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2021
Sold by
Trapani Properties Llc
Bought by
Freycor Properties Llc
Current Estimated Value
$718,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Outstanding Balance
$440,918
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$277,705

Purchase Details

Closed on
May 1, 2003
Sold by
Harris Trust & Savings Bank
Bought by
Trapani Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2001
Sold by
Harris Trust & Svgs Bank
Bought by
Harris Trust & Svgs Bank and Trust #11-5374
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Freycor Properties Llc $535,000 Proper Title Llc
Trapani Properties Llc $530,000 Multiple
Harris Trust & Svgs Bank $1,867,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freycor Properties Llc $487,000
Previous Owner Trapani Properties Llc $424,000
Closed Trapani Properties Llc $200,000
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 $12,568 $160,663 $32,133 $128,530
2023 $17,753 $212,076 $136,661 $75,415
2022 $16,415 $191,404 $123,340 $68,064
2021 $15,822 $178,316 $114,906 $63,410
2020 $16,643 $185,344 $110,838 $74,506
2019 $16,289 $177,396 $106,085 $71,311
2018 $15,620 $163,876 $98,000 $65,876
2017 $15,373 $154,381 $92,322 $62,059
2016 $15,227 $144,796 $86,590 $58,206
2013 -- $141,216 $80,778 $60,438
Source: Public Records

Map

Illinois McHenry County Algonquin 60102

1497 Merchant Dr, Algonquin, IL

Not Listed for Sale

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