NOT LISTED FOR SALE

1505 Greenridge Ave Algonquin, IL 60102

Estimated Value: $296,701 - $315,000

3 Beds
2 Baths
1,056 Sq Ft
$289/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $230,000 $218 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,174/month

3 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Fenced Yard
  • Algonquin Lakes Elementary School Rated A-
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of July 2021

Welcome to 1505 Greenridge Ave - an adorable three-bedroom, two-bathroom ranch situated in an incredibly convenient part of Eastern Algonquin. The home sits on a fenced, very spacious, and open lot with about a quarter acre of entertaining possibilities. Heading inside you'll be greeted by tons of natural light and the generously sized family room with very tall vaulted ceilings and an open floor plan that jives with today's trends. The South wing of the home offers two good-sized bedrooms with a full bath in the hallway. The largest of the three bedrooms sits just off of the family room and offers privacy away from the other rooms. You'll find the kitchen with plenty of countertop and cabinet space on the Northern end of the home, along with the washer and dryer. The property has incredibly easy access to Rt 62, Lake Cook Rd, grocery stores, gas stations, and so much more. This home will not last, so get in while you can!

Last Listed By

James Zitnik

Keller Williams Success Realty License #475187910 Listed on: 06/10/2021

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,429

Year Built

  • Built in 1984

Lot Details

  • 9,801 Sq Ft Lot
  • Lot Dimensions are 59 x 130 x 64 x 131
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,056 Sq Ft Home
  • Vaulted Ceiling
  • Family or Dining Combination
  • Laminate Flooring
  • Sump Pump

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck

Schools

  • Algonquin Lake Elementary School
  • Algonquin Middle School
  • Dundee-Crown High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Community Details

  • Riverwood Subdivision, Aspen Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,429

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Riverwood
  • Year Built: 1984
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • LivingArea: 1056
  • Other Equipment: CO Detectors, Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1056
  • Assessed Sq Ft: 1056
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ FamRm
  • Total Sq Ft: 1056
  • Total Sq Ft: 1056
  • Main Level Sq Ft: 1056

Exterior Features

  • DirectionFaces: West
  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 199900
  • Lot Features: Fenced Yard, Sidewalks, Streetlights
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • 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

  • Elementary School: Algonquin Lake Elementary School
  • High School: Dundee-Crown High School
  • Middle/Junior School: Algonquin Middle School
  • Middle/Junior School District: 300

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.225
  • Lot Dimensions: 59 X 130 X 64 X 131
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5429.18
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 13, 2021
Sold by
Potthast Nyle J and Nyle J Pothast Living Trust
Bought by
Reyna Andres
Seller's Agent
James Zitnik
Keller Williams Success Realty
Buyer's Agent
Nancy Astroz
Realty of America
List Price
$199,900
Sold Price
$230,000
Premium/Discount to List
$30,100
15.06%
Total Days on Market
3
Current Estimated Value
$305,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,675
Avg. Annual Appreciation
7.56%
Original Mortgage
$7,500
Outstanding Balance
$6,902
Interest Rate
3%
Mortgage Type
Stand Alone Second
Estimated Equity
$297,363

Purchase Details

Closed on
Aug 24, 1999
Sold by
Potthast Robert M and Potthast Nyle J
Bought by
Potthast Nyle J and Potthast Robert M

Purchase Details

Closed on
Oct 26, 1998
Sold by
Lewandowski Vincent and Lewandowski Candy
Bought by
Potthast Robert M and Potthast Nyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
6.59%

Range of Values:

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Average Value
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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
Reyna Andres $230,500 Attorney
Potthast Nyle J -- --
Potthast Robert M $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyna Andres $7,500
Open Reyna Andres $225,931
Previous Owner Potthast Nyle J $120,000
Previous Owner Potthast Robert M $98,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $230,000 +15.1% $218 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $199,900 -- $189 / 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 $5,558 $74,050 $22,465 $51,585
2022 $5,221 $66,434 $22,465 $43,969
2021 $5,589 $62,726 $21,211 $41,515
2020 $5,492 $61,316 $20,734 $40,582
2019 $5,339 $58,208 $19,683 $38,525
2018 $5,173 $54,336 $19,293 $35,043
2017 $5,031 $50,829 $18,048 $32,781
2016 $4,979 $47,421 $17,971 $29,450
2015 -- $44,435 $16,839 $27,596
2014 -- $40,511 $16,374 $24,137
2013 -- $41,751 $16,875 $24,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11118594

Midwest Real Estate Data (MRED)

APN: 03-03-230-028