$347,000
SOLD JAN 17, 2025

1705 Riverwood Dr Algonquin, IL 60102

3 Beds
2.5 Baths
1,694 Sq Ft
0.33 Acres

Recently Sold

$205 Per Sq Ft

4% Below List Price

5 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Corner Lot
  • Algonquin Lakes Elementary School Rated A-
  • Deck
  • Formal Dining Room

About This Home

As of January 2025

Welcome to this move in ready 3-bedroom, 2.5-bath home situated on a spacious corner lot. This home features brand new siding and a tall white vinyl fence, offering both style and privacy. The attached 2-car garage provides convenient access and plenty of storage. Step inside to discover every room has been freshly painted. The inviting eat-in kitchen has white cabinets and stainless steel appliances. There is a spacious family room that is open concept to the kitchen and boasts a cozy fireplace, creating the perfect spot to unwind. With plenty of closet space, storage will never be an issue. Upstairs you will find 3 bedrooms and 2 bathrooms. The primary bedroom suite includes a private bath. Additionally, the home features a brand-new A/C system. Don't miss out on the opportunity to make this well-maintained home your own!

Last Agent to Sell the Property

Lindsay Schulz

Redfin Corporation Listed on: 12/13/2024

Redfin Corporation

Last Buyer's Agent

Michael Padron

Associates Realty License #475156478

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,171

Year Built

  • Built in 1983 | Remodeled in 2016

Lot Details

  • 0.33 Acre Lot
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,694 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Blinds
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Crawl Space
  • Storm Screens

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Riverwood Subdivision, Essex 3 Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,171

Year Built

Built in 1983 | Remodeled in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Riverwood
  • Year Built: 1983
  • Age: 41-50 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): Yes
  • Rehab Year: 2016
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: First Floor Laundry, Open Floorplan, Some Carpeting
  • LivingArea: 1694
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Pull Down Stair,Unfinished
  • Door Features: Sliding Doors,Panel Door(s)
  • Window Features: Blinds
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 360000
  • Lot Features: Corner Lot, Fenced Yard
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • 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, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • 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: 0.33
  • Lot Dimensions: 14229
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 7171.14
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Jan 6, 2025
Sold by
Amankwah Frank and Asiedu Yvonne
Bought by
Audifred Jonathan J
Seller's Agent
Lindsay Schulz
Redfin Corporation
Buyer's Agent
Michael Padron
Associates Realty
List Price
$360,000
Sold Price
$347,000
Premium/Discount to List
-$13,000
-3.61%
Views
36
Current Estimated Value
$353,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,251
Avg. Annual Appreciation
4.31%
Original Mortgage
$336,590
Outstanding Balance
$335,716
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$18,990

Purchase Details

Closed on
Apr 8, 2021
Sold by
Amankwah Frank Kwadwo
Bought by
Amankwah Frank and Asiedu Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2017
Sold by
Held Cheryl A and Held Allen L
Bought by
Amankwah Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2005
Sold by
Cornelius Albert and Cornelius Carla
Bought by
Held Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,800
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2003
Sold by
Robinson Jerry L and Robinson Lynda S
Bought by
Cornelius Albert and Cornelius Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 1998
Sold by
Gruss Robert P
Bought by
Robinson Jerry L and Robinson Lynda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,790
Interest Rate
7.26%
Mortgage Type
VA

Purchase Details

Closed on
Apr 10, 1995
Sold by
Gruss Mary D
Bought by
Gruss Robert P
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
Warranty Deed $347,000 None Listed On Document
Interfamily Deed Transfer -- Citywide Title Corporation
Warranty Deed $220,000 Greater Metropolitan Title L
Warranty Deed $225,000 Ticor Title Insurance Co
Warranty Deed $210,000 Atg
Warranty Deed $145,000 Universal Title Services Inc
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,590 New Conventional
Previous Owner $170,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $179,800 New Conventional
Previous Owner $19,950 Credit Line Revolving
Previous Owner $168,000 Purchase Money Mortgage
Previous Owner $124,790 VA
Closed $31,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $347,000 -3.6% $205 / Sq Ft
12/19/2024 12/19/24 Pending -- -- --
12/13/2024 12/13/24 For Sale $360,000 -- $213 / 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 $7,515 $103,604 $26,492 $77,112
2023 $7,171 $93,220 $23,837 $69,383
2022 $7,275 $90,208 $23,837 $66,371
2021 $7,054 $85,174 $22,507 $62,667
2020 $6,920 $83,259 $22,001 $61,258
2019 $6,700 $79,039 $20,886 $58,153
2018 $6,434 $73,574 $20,472 $53,102
2017 $6,812 $68,825 $19,151 $49,674
2016 $4,301 $40,958 $17,971 $22,987
2015 -- $38,279 $16,839 $21,440
2014 -- $56,075 $16,374 $39,701
2013 -- $57,791 $16,875 $40,916
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12223558

Midwest Real Estate Data (MRED)

APN: 03-03-426-030