NOT LISTED FOR SALE

1550 Meghan Ave Algonquin, IL 60102

Estimated Value: $323,000 - $337,000

3 Beds
2 Baths
1,194 Sq Ft
$275/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $233,500 $196 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,231/month

25 Days on Market

Highlights

  • Updated Kitchen
  • Landscaped Professionally
  • Deck
  • Algonquin Lakes Elementary School Rated A-
  • Mature Trees
  • Walk-In Pantry

About This Home

As of January 2021

**OFFERING A $3,500 INCENTIVE TOWARDS CLOSING** This home has it all, nothing to do but move in!!! New concrete walkway, concrete slab on side of house, driveway expansion & gorgeous vinyl plank flooring done in 2019. New carpet & light gray hues painted throughout main level in late 2019. Exterior peaks freshly painted, new front door, new garage door, new wider gutters & professional duct cleaning all in 2020. Upstairs recently professionally steam cleaned on 11/12 . This home offers custom-built organization for 3 of the bedroom closets, including a walk-in closet. Upgraded kitchen with quartz counter tops, glass subway tile & all new stainless steel, Whirlpool appliances (exception of refrigerator). Upgraded electrical in garage to high efficiency LED lighting. Enjoy your summers in this huge fenced in backyard from a two-tier deck! Downtown Algonquin just a bike ride away with bike trail access a block away. Roof only 8 yrs old. Don't miss this one it won't last long!

Last Agent to Sell the Property

Stephanie Mitchell

Keller Williams Inspire License #475177095 Listed on: 11/17/2020

Keller Williams Inspire

Last Buyer's Agent

Brenda D'Amore

Keller Williams Inspire - Geneva License #475150874

Keller Williams Inspire - Geneva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,882

Year Built | Renovated

  • 1984 | 2019

Lot Details

  • Fenced Yard
  • Landscaped Professionally
  • Mature Trees

Parking

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

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Additional Features

  • Walk-In Closet
  • Deck

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,882

Year Built | Renovated

1984 | 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1984
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1984
  • Year Renovated: 2019

Interior Features

  • Interior Property Features: Walk-In Closet(s)
  • Number Of Rooms: 6
  • Living Room: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Oven/Built-in, Water Softener Owned, Gas Cooktop
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X6, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Dimensions: 16X9, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet, Updated Kitchen
  • Additional Rooms: Deck
  • Master Bedroom: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Deck, Dimensions: 20X12, On Level: Main Level, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 11X8, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1194
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Storms/Screens
  • Acreage: 0.213

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1194

Schools

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

Lot Info

  • Lot Dimensions: 75X146X55X135
  • Lot Description: Fenced Yard, Landscaped Professionally, Mature Trees
  • Parcel Identification Number: 0303230049

Tax Info

  • Taxes: 4750.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Jan 13, 2021
Sold by
Mitchell Anthony A and Mitchell Stephanie L
Bought by
Trejo Michael and Hernandez Carina
Seller's Agent
Stephanie Mitchell
Keller Williams Inspire
Buyer's Agent
Brenda D'Amore
Keller Williams Inspire - Geneva
List Price
$234,900
Sold Price
$233,500
Premium/Discount to List
-$1,400
-0.6%
Current Estimated Value
$328,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,849
Avg. Annual Appreciation
6.84%
Original Mortgage
$229,270
Outstanding Balance
$203,921
Interest Rate
2.25%
Mortgage Type
FHA
Estimated Equity
$114,050

Purchase Details

Closed on
Feb 17, 2003
Sold by
Mitchell Anthony A and Mitchell Stephanie L
Bought by
Mitchell Anthony A and Mitchell Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2000
Sold by
Franzen David T and Franzen Linda J
Bought by
Mitchell Anthony A and Rudolph Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,359
Interest Rate
8.21%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 1994
Sold by
Holbrook Ray A and Holbrook Pamela Jo
Bought by
Franzen David T and Franzen Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,300
Interest Rate
8.91%
Mortgage Type
FHA
Source: Public Records

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
Trejo Michael $233,500 Attorney
Mitchell Anthony A -- Residential Title Services
Mitchell Anthony A $139,500 Greater Illinois Title Compa
Franzen David T $122,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trejo Michael $229,270
Previous Owner Mitchell Anthony A $144,000
Previous Owner Mitchell Anthony A $138,359
Previous Owner Franzen David T $121,300
Closed Mitchell Anthony A $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $233,500 -0.6% $196 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $234,900 0.0% $197 / Sq Ft
12/06/2020 12/06/20 Pending -- -- --
11/24/2020 11/24/20 Price Changed $234,900 -2.1% $197 / Sq Ft
11/17/2020 11/17/20 For Sale $240,000 -- $201 / 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 $5,882 $82,836 $24,968 $57,868
2023 $5,599 $74,533 $22,465 $52,068
2022 $5,180 $65,951 $22,465 $43,486
2021 $5,014 $62,270 $21,211 $41,059
2020 $4,915 $60,870 $20,734 $40,136
2019 $4,750 $57,784 $19,683 $38,101
2018 $4,615 $54,473 $19,293 $35,180
2017 $4,450 $50,957 $18,048 $32,909
2016 $4,966 $47,294 $17,971 $29,323
2015 -- $44,316 $16,839 $27,477
2014 -- $41,967 $16,374 $25,593
2013 -- $43,251 $16,875 $26,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10935937

Midwest Real Estate Data (MRED)

APN: 03-03-230-049