$575,000
SOLD MAY 7, 2020

1511 N River Rd Algonquin, IL 60102

4 Beds
5 Baths
4,990 Sq Ft
0.76 Acres

Recently Sold

$115 Per Sq Ft

7% Below List Price

115 Days on Market

Highlights

  • Boat Slip
  • River Front
  • Deck
  • Eastview Elementary School Rated A
  • Mature Trees
  • Contemporary Architecture

About This Home

As of May 2020

BEST DEAL ON THE RIVER!! ~A BOATER'S DREAM HOME!!!RIVER FRONT PROPERTY where ENTERTAINING COMES EASY IN THIS SPACIOUS HOME ON THE FOX RIVER~4 bdrms, 3.2 bath & full walkout bsmt on 3/4 acre wooded lot~YOUR OWN COVERED AUTOMATIC BOAT LIFT, PRIVATE PIER, DEEDED RIVER FRONTAGE~GOURMET KITCHEN w/high end appliances,granite, wine fridge, prep sink, island & breakfast bar,~GREAT ROOM W/FLOOR TO CEILING STONE FIREPLACE won't disappoint with its gorgeous river views~Den~1st FLOOR MSTR BDRM SUITE w/balcony, jac tub, beautiful walk in shower~Lg fam rm on 2nd level plus ensuite (like having 2 mstr suites) & 2 bdrms w/ a Jack & Jill bath~Dual staircase~Full walkout bsmt w/bar & 1/2 bath plus huge rec rm, storage & workshop~Recessed lighting thru out~dual furn, a/c units & h.w. heaters,home warranty included ~Paver patio~Attach shed~4 CAR GAR.~Covered Wrap Around Deck w/new tile floor~Huge outdoor entertaining area w/paver patio~Built in firepit overlooking the River~New retaining wall~Bsmt floor set up for radiant heat~Exterior painted in 2018~Close to metra~NO flood ins needed~Unfinished walkout basement waiting your personal touches~Jump on the golf cart and enjoy the beautiful wooded lot or hop on your boat and enjoy the lifestyle. 4990 sq ft of finished living space & another 4000 sq ft waiting your personal touches~ MOTIVATED SELLER.

Last Agent to Sell the Property

Ann Marcheschi

RE/MAX Suburban License #475138093 Listed on: 11/02/2019

RE/MAX Suburban

Last Buyer's Agent

Ann Marcheschi

RE/MAX Suburban License #475138093 Listed on: 11/02/2019

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,256

Year Built

  • 2003

Lot Details

  • River Front
  • East or West Exposure
  • Mature Trees
  • Wooded Lot

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Block Exterior
  • Cedar

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Includes Fireplace Accessories
  • Fireplace With Gas Starter
  • Mud Room
  • Entrance Foyer
  • Den
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Exterior Basement Entry

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Bar Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boat Slip
  • Balcony
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Well

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,256

Year Built

2003

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.2
  • Unfinished Basement Sq Ft: 3328
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 2003
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 3328
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Full Bath
  • Number Of Rooms: 9
  • Living Room: Dimensions: 31X20, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal
  • Equipment: Humidifier, Water-Softener Owned, Central Vacuum, TV-Cable, CO Detectors, Ceiling Fan, Fan-Attic Exhaust, Air Cleaner, Air Exchanger
  • Fireplace Details: Wood Burning, Gas Starter, Includes Accessories
  • Attic: Dormer, Unfinished
  • Fireplace Location: Family Room
  • Basement: Unfinished, Exterior Access
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X6, On Level: 2nd Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 19X18, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Walk-in
  • Additional Rooms: Den, Mud Room, Foyer, Pantry
  • Master Bedroom: Dimensions: 21X14, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Den, Dimensions: 15X13, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Mud, Dimensions: 12X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Bedroom 2: Dimensions: 17X14, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Foyer, Dimensions: 15X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Bedroom 3: Dimensions: 17X13, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 4: Dimensions: 15X13, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 5 Name: Pantry, Dimensions: 12X5, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Estimated Sq Ft: 4990
  • Basement Sq Ft: 3328
  • Dining Room Type: Separate
  • Family Room: Dimensions: 26X18, On Level: 2nd Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Cedar, Block
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Balcony, Deck, Patio, Porch, Boat Slip, Workshop
  • Exposure: W (West)
  • Acreage: 0.76

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Asphalt, Concrete
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Well-Private
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems, Zoned

Schools

  • School District: 300
  • Elementary School: Eastview Elementary School
  • Middle School: Algonquin Middle School
  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: 131 X 300
  • Lot Description: River Front, Water View, Wooded, Mature Trees
  • Parcel Identification Number: 1926351044

Green Features

  • Green Features: Enhanced Air Filtration

Tax Info

  • Taxes: 18511.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2019
Closed on
May 7, 2020
Sold by
Novak Robert E and Novak Bobbie D
Bought by
Bender Leonard A and Bender Linda A
Seller's Agent
Ann Marcheschi
RE/MAX Suburban
Buyer's Agent
Ann Marcheschi
RE/MAX Suburban
List Price
$619,000
Sold Price
$575,000
Premium/Discount to List
-$44,000
-7.11%
Current Estimated Value
$825,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,896
Avg. Annual Appreciation
6.53%
Original Mortgage
$450,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2013
Closed on
May 20, 2013
Sold by
Grzelak Joseph R and Grzelak Jennifer
Bought by
Novak Robert E and Novak Bobbie D
Seller's Agent
John Milazzo
Realty Executives Cornerstone
Buyer's Agent
John Milazzo
Realty Executives Cornerstone
List Price
$499,800
Sold Price
$480,000
Premium/Discount to List
-$19,800
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.62%

Purchase Details

Closed on
Oct 21, 2002
Sold by
Grzelak Joseph R
Bought by
Grzelak Joseph R
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $575,000 Fidelity National Title
Warranty Deed $480,000 Heritage Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Future Advance Clause Open End Mortgage
Closed $225,000 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $171,000 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2020 05/07/20 Sold $575,000 -4.0% $115 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
01/07/2020 01/07/20 Price Changed $599,000 -3.2% $120 / Sq Ft
11/02/2019 11/02/19 For Sale $619,000 +29.0% $124 / Sq Ft
05/20/2013 05/20/13 Sold $480,000 -3.0% $96 / Sq Ft
03/21/2013 03/21/13 Pending -- -- --
03/08/2013 03/08/13 Price Changed $495,000 -1.0% $99 / Sq Ft
02/26/2013 02/26/13 For Sale $499,800 -- $100 / 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
2024 $17,256 $228,589 $47,614 $180,975
2023 $16,445 $204,444 $42,585 $161,859
2022 $17,775 $213,265 $26,648 $186,617
2021 $17,097 $198,682 $24,826 $173,856
2020 $16,670 $191,648 $23,947 $167,701
2019 $19,350 $216,733 $22,920 $193,813
2018 $18,512 $200,215 $21,173 $179,042
2017 $18,185 $188,615 $19,946 $168,669
2016 $17,972 $176,904 $18,708 $158,196
2013 -- $165,028 $17,451 $147,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10564743

Midwest Real Estate Data (MRED)

APN: 19-26-351-044