NOT LISTED FOR SALE

1510 Meghan Ave Algonquin, IL 60102

Estimated Value: $286,000 - $320,000

3 Beds
2 Baths
1,056 Sq Ft
$294/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $285,000 $270 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,180/month

10 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Living Room
  • Algonquin Lakes Elementary School Rated A-
  • 2 Car Attached Garage
  • Shed

About This Home

As of April 2022

This ranch has been totally redone. Compact and yet gorgeous! full deck out back for outdoor entertaining. Vaulted Ceilings through out. Beautiful!!!

Last Listed By

Marie DeMaria

RE/MAX Excels License #475123818 Listed on: 03/09/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,834

Year Built

  • Built in 1984 | Remodeled in 2020

Lot Details

  • Lot Dimensions are 70x120

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Ranch Style House

Interior Spaces

  • 1,056 Sq Ft Home
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Schools

  • Dundee-Crown High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,834

Year Built

Built in 1984 | Remodeled in 2020

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
  • Year Built: 1984
  • 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): Yes
  • Rehab Year: 2020
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1056
  • Room Type: Deck
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1056
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 275000
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • 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

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

Lot Info

  • Lot Dimensions: 70X120
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4834.46
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2021
Sold by
Chan Hon Sum and Chan Rebecca Fong
Bought by
Hon Sum Chan & Rebecca Fong Chan Liv Tr
Total Days on Market
10
Current Estimated Value
$310,673

Purchase Details

Closed on
Jul 26, 2005
Sold by
Wells Paul J and Wells Dana L
Bought by
Chan Hon Sum and Chan Rebecca Fong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,250
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 12, 2002
Sold by
Hickcox William Gregory
Bought by
Wells Paul J and Wells Dana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.16%

Purchase Details

Closed on
Sep 17, 1998
Sold by
Evers Gary M
Bought by
Evers Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.97%
Mortgage Type
Balloon

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
Hon Sum Chan & Rebecca Fong Chan Liv Tr -- Attorney
Chan Hon Sum $185,000 Ticor Title Insurance Co
Wells Paul J $155,000 Chicago Title Insurance Co
Evers Mary M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chan Hon Sum $120,250
Previous Owner Wells Paul J $128,700
Previous Owner Wells Paul J $124,000
Previous Owner Evers Mary Am $10,000
Previous Owner Evers Mary M $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $285,000 +3.6% $270 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $275,000 0.0% $260 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $275,000 -- $260 / 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 $5,393 $72,092 $22,465 $49,627
2022 $5,614 $64,978 $22,465 $42,513
2021 $5,467 $61,352 $21,211 $40,141
2020 $4,834 $59,973 $20,734 $39,239
2019 $4,672 $56,933 $19,683 $37,250
2018 $4,602 $54,333 $19,293 $35,040
2017 $4,437 $50,826 $18,048 $32,778
2016 $4,245 $46,431 $17,971 $28,460
2015 -- $43,507 $16,839 $26,668
2014 -- $39,683 $16,374 $23,309
2013 -- $40,897 $16,875 $24,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11342480

Midwest Real Estate Data (MRED)

APN: 03-03-230-045