NOT LISTED FOR SALE

1521 N River Rd Algonquin, IL 60102

Estimated Value: $649,000 - $848,000

4 Beds
4 Baths
5,319 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $375,000 $71 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $5,527/month

140 Days on Market

Highlights

  • Lake Front
  • Deck
  • Recreation Room
  • Eastview Elementary School Rated A
  • Contemporary Architecture
  • Wooded Lot

About This Home

As of May 2018

Attention INVESTORS! This custom home has so much potential! Beautiful river views from all levels! Enjoy sitting on your front porch and watch the boats go by! Large kitchen offers granite counters & birch cabinets & is open to the family room with Brazilian walnut floors & custom FP. Large living room & separate dining room plus 1st floor bedroom. 2nd floor offers large master suite w/ceramic shower & whirlpool tub with double sink vanity, linen closet and walk in closet. 2nd bedroom offers its own bath too - perfect for teenage suite or mother in law. 2nd floor laundry and 1st floor mud room. Unfinished attic adds extra storage. Walk out basement w/storage & bath rough in. 3 car garage. Home needs work. Call for details.

Last Agent to Sell the Property

Karen Goins

RE/MAX Suburban License #475125256 Listed on: 11/16/2017

RE/MAX Suburban

Last Buyer's Agent

Doug Misko

Redfin Corporation License #471017266

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,072

Year Built

  • 2004

Lot Details

  • Lake Front
  • River Front
  • Southern Exposure
  • East or West Exposure
  • Wooded Lot

Parking

  • Attached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Mud Room
  • Recreation Room
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Balcony
  • Deck

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

$17,072

Year Built

2004

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 11-15 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Total Sq Ft: 3482
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 2004
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 2nd Floor Laundry
  • Number Of Rooms: 9
  • Living Room: Dimensions: 16X16, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 15X15, On Level: 2nd Level
  • Dining Room: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 16X16, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Mud Room, Recreation Room
  • Master Bedroom: Dimensions: 29X17, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 2 Name: Mud, Dimensions: 8X6, On Level: Main Level, Flooring: Vinyl
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 3 Name: Recreation Rm, Dimensions: 40X40, On Level: Walkout Basement, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 4: Dimensions: 17X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 5319
  • Estimated Total Finished Sq Ft: 5319
  • Basement Finished Sq Ft: 1837
  • Main Level Sq Ft: 1837
  • Upper Level Sq Ft: 1645
  • Dining Room Type: Separate
  • Family Room: Dimensions: 27X15, On Level: Main Level, Flooring: Hardwood, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Balcony, Deck
  • Exposure: N (North), S (South), E (East), W (West), Lake/Water
  • Acreage: 0.77

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, Zoned
  • Water: Well-Private
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Zoned

Schools

  • School District: 300
  • Elementary School: EASTVIEW ELEMENTARY SCHOOL
  • Middle School: ALGONQUIN MIDDLE SCHOOL
  • High School: DUNDEE-CROWN HIGH SCHOOL
  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: 317 X 263
  • Lot Description: River Front, Water View, Wooded
  • Parcel Identification Number: 1926351043

Tax Info

  • Taxes: 13334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
Apr 25, 2018
Sold by
Taylor Bean & Whitaker Mortgage Corp
Bought by
Palumbo Peter A and The Peter A Palumbo Declaratio
Seller's Agent
Karen Goins
RE/MAX Suburban
Buyer's Agent
Doug Misko
Redfin Corporation
List Price
$449,900
Sold Price
$375,000
Premium/Discount to List
-$74,900
-16.65%
Total Days on Market
140
Current Estimated Value
$734,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,701
Avg. Annual Appreciation
9.91%
Original Mortgage
$304,000
Outstanding Balance
$263,984
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$470,717

Purchase Details

Closed on
Oct 26, 2016
Sold by
Judiecia Lsales Corpration
Bought by
Mortage Taylorbean and Mortage Whitaker

Purchase Details

Closed on
Jul 8, 2005
Sold by
Reed Gregory D
Bought by
Reed Gregory D and Reed Julianna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,628
Interest Rate
5.68%
Mortgage Type
Unknown

Purchase Details

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

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Range of Values:

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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
Palumbo Peter A $375,000 First American Title
Mortage Taylorbean -- None Available
Reed Gregory D -- Chicago Title Insurance Comp
Reed Gregory D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palumbo Peter A $304,000
Previous Owner Reed Gregory D $682,000
Previous Owner Reed Gregory D $650,000
Previous Owner Reed Gregory D $228,628
Previous Owner Reed Gregory D $455,000
Previous Owner Reed Gregory D $25,000
Previous Owner Reed Gregory D $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $375,000 -10.7% $71 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
02/27/2018 02/27/18 Price Changed $419,900 -6.7% $79 / Sq Ft
11/16/2017 11/16/17 For Sale $449,900 -- $85 / 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 $17,072 $211,939 $43,191 $168,748
2022 $15,708 $189,163 $26,835 $162,328
2021 $15,105 $176,228 $25,000 $151,228
2020 $14,725 $169,989 $24,115 $145,874
2019 $14,940 $162,700 $23,081 $139,619
2018 $14,326 $150,300 $21,322 $128,978
2017 $13,502 $141,592 $20,087 $121,505
2016 $13,334 $132,801 $18,840 $113,961
2013 -- $127,845 $17,575 $110,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09802591

Midwest Real Estate Data (MRED)

APN: 19-26-351-043