NOT LISTED FOR SALE

1881 Broadsmore Dr Algonquin, IL 60102

Estimated Value: $526,000 - $549,000

5 Beds
3.5 Baths
2,850 Sq Ft
$188/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $495,000 $174 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,709/month

Highlights

  • Formal Dining Room
  • Stainless Steel Appliances
  • Soaking Tub
  • Harry D Jacobs High School Rated A-
  • 2 Car Attached Garage
  • Central Air

About This Home

As of January 2024

Welcome to your dream home in Algonquin! This stunning 5-bedroom, 3-bathroom residence offers a perfect blend of contemporary comfort and modern charm, including a finished basement that adds an extra layer of versatility and entertainment. As you enter, you'll be greeted by an inviting foyer that leads to the spacious and open living areas. The well-appointed kitchen, now boasts new modern stainless steel appliances and stunning quartz countertops, creating a stylish and functional space for culinary enthusiasts. The generous first floor master suite is a true retreat, featuring a private ensuite bathroom and walk-in closet. Be amazed by the second master suite with upstairs with it's own private bathroom that provides endless possibilities for your family. Three additional bedrooms provide plenty of space for a growing family or guests, each thoughtfully designed with comfort in mind. The living room is the heart of the home, offering a cozy fireplace for chilly evenings and large windows that flood the space with natural light. Host gatherings with friends and family in the formal dining area - perfect for entertaining or relaxing in the serene surroundings. Descend to the finished basement, a versatile space that can be transformed into a home theater, game room, or an additional living area. The possibilities are endless, providing the perfect retreat for all members of the family. This home is not just about indoor luxury; it also enjoys a prime location in Algonquin, known for its friendly community and convenient access to local amenities. Additional features include a dedicated laundry room, a two-car garage, and the peace of mind that comes with a well-maintained property. Nearby parks, schools, and shopping centers make this property an ideal choice for those seeking both comfort and convenience. Don't miss the opportunity to make this your home. Schedule a showing today and see for yourself why this home is the one for you!

Last Agent to Sell the Property

Uriel Manjarrez

Exclusive Living, Inc License #475207295 Listed on: 01/04/2024

Last Buyer's Agent

Nina Velazquez

RE/MAX Excels License #471021752

RE/MAX Excels

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,345

Year Built

  • Built in 1999 | Remodeled in 2023

Lot Details

  • 10,367

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Interior Spaces

  • 2,850 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Community Details

  • Association Phone (847) 924-0079

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,345

Year Built

Built in 1999 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1999
  • Age: 21-25 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: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Electric
  • Fireplaces: 1
  • LivingArea: 2850
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 3950
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3950
  • Fireplace Location: Family Room
  • Total Sq Ft: 3950
  • Main Level Sq Ft: 2850
  • Lower Level Sq Ft: 1100
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 469001
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

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: 200+ Amp Service
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: N/A
  • Management Contact Name: N/a
  • Management Phone: 847-924-0079

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 300

Lot Info

  • Lot Dimensions: 10378
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 9345
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Jan 26, 2024
Sold by
Mje Holdings Llc
Bought by
Sangobanwo Michael and Sangobanwo Mariam M
Seller's Agent
Uriel Manjarrez
Exclusive Living, Inc
Buyer's Agent
Nina Velazquez
RE/MAX Excels
List Price
$469,000
Sold Price
$495,000
Premium/Discount to List
$26,000
5.54%
Views
62
Current Estimated Value
$536,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,185
Avg. Annual Appreciation
4.93%
Original Mortgage
$470,250
Outstanding Balance
$460,737
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$75,448

Purchase Details

Closed on
Aug 23, 2023
Sold by
Hain Ronald C
Bought by
Mje Holdings Llc

Purchase Details

Closed on
Jul 26, 1999
Sold by
Willoughby Farms Third New Dimensions Lt
Bought by
Olsen Gary T and Olsen Nancy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
7.68%
Source: Public Records

Range of Values:

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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
Sangobanwo Michael $495,000 None Listed On Document
Mje Holdings Llc $349,000 None Listed On Document
Olsen Gary T $250,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sangobanwo Michael $470,250
Previous Owner Olsen Gary T $149,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $495,000 +5.5% $174 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
01/05/2024 01/05/24 Price Changed $469,001 0.0% $165 / Sq Ft
01/04/2024 01/04/24 For Sale $469,000 -- $165 / 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 $10,521 $138,919 $25,730 $113,189
2023 $9,414 $124,995 $23,151 $101,844
2022 $9,345 $119,435 $23,151 $96,284
2021 $9,062 $112,770 $21,859 $90,911
2020 $8,879 $110,235 $21,368 $88,867
2019 $8,606 $104,647 $20,285 $84,362
2018 $8,664 $102,575 $19,883 $82,692
2017 $8,303 $95,955 $18,600 $77,355
2016 $8,092 $88,663 $18,009 $70,654
2015 -- $81,204 $17,040 $64,164
2014 -- $75,884 $16,569 $59,315
2013 -- $78,207 $17,076 $61,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11952253

Midwest Real Estate Data (MRED)

APN: 03-08-202-005