NOT LISTED FOR SALE

1505 Charles Ave Algonquin, IL 60102

Estimated Value: $368,000 - $385,000

4 Beds
2.5 Baths
1,848 Sq Ft
$204/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $316,000 $171 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,736/month

1 Day on Market

Highlights

  • Recreation Room
  • Formal Dining Room
  • 2 Car Attached Garage
  • Algonquin Lakes Elementary School Rated A-
  • Stainless Steel Appliances
  • Living Room

About This Home

As of December 2021

Just in time for the holidays! You won't want to miss this nicely updated 4 bed, 2.5 bath two story, located on very quiet tree lined street just blocks from Algonquin's famous Fox River bike and walking trail. This wonderful home was completely updated in 2010 and is move in ready! Terrific floorplan provides plenty of space for entertaining or hosting family get togethers and has both formal living and separate dining rooms. The newer eat in granite kitchen has loads of 42" maple cabinets, stainless steel appliances, tiled backsplash, nice pantry and breakfast bar and is open to large family room with great views and a cozy woodburning fireplace! Sliders off both the family room and kitchen provide easy access to an expansive wood deck that's perfect for outdoor entertaining or watching the kids play in the large private fenced in yard with shed and no neighbors to the back. Head upstairs to 4 generous sized bedrooms including the master with updated ensuite and hallway baths. Head downstairs to full finished basement. Owners are in process of replacing carpet. BRAND NEW ROOF, Gutters (3years) Furnace (appx 5years) Minutes to historic downtown Algonquin and the Fox River. Easy access to schools, parks and so much more!

Last Listed By

Bob Wisdom

RE/MAX Horizon License #475122882 Listed on: 11/05/2021

RE/MAX Horizon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,521

Year Built

  • Built in 1985

Lot Details

  • 9,932

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,848 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,521

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1985
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Gas Oven, Range Hood
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 1848
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1848
  • Basement Description: Finished,Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0

Exterior Features

  • List Price: 314900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 300

Lot Info

  • Lot Dimensions: 10890
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 6520.9
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 27, 2021
Sold by
Cochrane Matthew R and Cochrane Portia L
Bought by
Churkey Nicholas T and Churkey Samantha
Seller's Agent
Bob Wisdom
RE/MAX Horizon
Buyer's Agent
Richard Fisher
RE/MAX Action
List Price
$314,900
Sold Price
$316,000
Premium/Discount to List
$1,100
0.35%
Total Days on Market
1
Current Estimated Value
$377,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,291
Avg. Annual Appreciation
5.23%
Original Mortgage
$310,276
Outstanding Balance
$287,636
Interest Rate
2.75%
Mortgage Type
FHA
Estimated Equity
$88,035

Purchase Details

Closed on
Mar 1, 2010
Sold by
Rdg Fund-1 Llc
Bought by
Cochrane Matthew R and Cochrane Portia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,160
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2009
Sold by
Pierce David E
Bought by
Rdg Fund-1 Llc

Purchase Details

Closed on
Oct 10, 2008
Sold by
Pierce Marva A
Bought by
Pierce David

Purchase Details

Closed on
Sep 30, 2003
Sold by
Krejckant Robert and Paulson Krejckant Nanette
Bought by
Pierce David E and Pierce Marva A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,900
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
May 30, 2001
Sold by
Gyetvan Koppany and Gyetvan Duska
Bought by
Krejckant Robert and Paulson Krejckant Nanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,500
Interest Rate
7.15%

Range of Values:

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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
Churkey Nicholas T $316,000 Attorney
Cochrane Matthew R $212,000 Chicago Title Insurance Co
Rdg Fund-1 Llc $104,500 None Available
Pierce David -- None Available
Pierce David E $226,000 --
Krejckant Robert $194,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Churkey Nicholas T $310,276
Previous Owner Cochrane Matthew R $41,506
Previous Owner Cochrane Matthew B $205,286
Previous Owner Cochrane Matthew R $208,160
Previous Owner Pierce David E $53,000
Previous Owner Pierce David E $203,000
Previous Owner Pierce David E $25,000
Previous Owner Pierce David E $22,900
Previous Owner Pierce David E $183,900
Previous Owner Krejckant Robert $156,200
Previous Owner Krejckant Robert $154,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2021 12/27/21 Sold $316,000 +0.3% $171 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $314,900 -- $170 / 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
2023 $7,613 $98,474 $20,536 $77,938
2022 $6,858 $85,377 $20,536 $64,841
2021 $6,648 $80,613 $19,390 $61,223
2020 $6,521 $78,801 $18,954 $59,847
2019 $6,312 $74,806 $17,993 $56,813
2018 $6,103 $70,100 $17,637 $52,463
2017 $5,897 $65,576 $16,499 $49,077
2016 $5,879 $61,984 $17,971 $44,013
2015 -- $58,081 $16,839 $41,242
2014 -- $54,591 $16,374 $38,217
2013 -- $56,262 $16,875 $39,387
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11264101

Midwest Real Estate Data (MRED)

APN: 03-03-232-012