NOT LISTED FOR SALE

2 Lake Cornish Ct Algonquin, IL 60102

Estimated Value: $505,000 - $541,655

4 Beds
3.5 Baths
2,978 Sq Ft
$178/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $480,000 $161 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,697/month

1 Day on Market

Highlights

  • Spa
  • Community Lake
  • Property is near a park
  • Algonquin Lakes Elementary School Rated A-
  • Deck
  • 4-minute walk to Algonquin Lakes Park

About This Home

As of July 2023

Impressive entry through the front door as you take in the open and spacious floor plan of this Summerhill model. With hardwood floors throughout, this home has so much to offer. A formal living and dining room adorned with dramatic ceilings leads you to the upgraded gourmet kitchen boasting 42"Maple cabinets, newer quartz countertops, and custom backsplash. Newer stainless-steel appliances, recess lighting, crown molding, and breakfast island with eat-in area complete to heart of this home. Newer sliding glass doors lead you to the stunning 3 season room featuring vaulted cedar ceilings, hurricane filmed windows, a tv/bar area, recess lighting, doggie door, and adjacent to two outdoor areas, making this home perfection. Not to be outdone, the sizeable family room showcases a stone surround gas log fireplace that can also be converted to a woodburning option. French doors lead you through to the den/office space, featuring recess lighting. A convenient laundry room completes the first floor. Make your way upstairs to the primary luxury suite that includes tray ceiling, massive walk-in closet, a separate spare closet, and a luxury on suite. With a separate soaker tub, dual vanity with upgraded faucets, a shower featuring glass doors, and a skylight this primary bath could you be your own private oasis. The second and third bedroom are of ample size and share the Jack-n-Jill bath. The fourth bedroom to showcase the upgraded princess suite with a full private bath and walk-in closet. A full basement highlights 9ft ceilings, roughed-in bath, and framework ready for your finishing touches. Professionally landscaped surroundings make this backyard your own retreat. Easy maintenance provided to your outdoors with a sprinkler system and 6ft wrought iron style fence with grand double lock gates. Extensive brick work done has been done throughout the front and back, giving you many areas for entertaining, complete with a hot tub. This home was freshly painted (2023), has new carpet (2023), a High Efficiency hybrid furnace (2022), central a/c (2022), hot water heater (2021), roof (2018), and upgraded replaced windows throughout (2005). Don't miss out on this meticulously maintained home situated in a cul-de-sac of the desirable neighborhood of Algonquin Lakes featuring walking/biking paths, elementary school, park/playgrounds, basketball courts, baseball fields, frisbee golf and so much more... Hurry this one will not last long!

Last Agent to Sell the Property

Tracy McBreen

@properties Christie's International Real Estate License #475138995 Listed on: 04/13/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Michael Iwinski

Real 1 Realty License #475180531

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,836

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 101 x 136.62 x 108.61 x 103.33
  • Cul-De-Sac
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,978 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • 9 Foot Basement Ceiling Height
  • Sump Pump
  • Rough-In Basement Bathroom

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Spa
  • Deck
  • Brick Porch or Patio

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Community Details

  • Algonquin Lakes Subdivision, Summerhill Floorplan
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,836

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Algonquin Lakes
  • Year Built: 2003
  • Age: 16-20 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): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Water Softener Owned
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Laundry, Walk-In Closet(s), Ceiling - 9 Foot
  • LivingArea: 2978
  • Other Equipment: Humidifier, Water-Softener Owned, CO Detectors, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn
  • Room Type: Breakfast Room, Den, Foyer, Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2978
  • Basement Description: Unfinished,Bathroom Rough-In,9 ft + pour
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Hot Tub, Brick Paver Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 475000
  • Lot Features: Corner Lot, Cul-De-Sac, Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Stone

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • 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 Dimensions: 101 X 136.62 X 108.61 X 103.33
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8835.82
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jun 17, 2023
Sold by
Hill Vincent O and Hill Dawn M
Bought by
Iwinski Michael and Iwinski Melissa S
Seller's Agent
Tracy McBreen
@properties Christie's International Real Estate
Buyer's Agent
Michael Iwinski
Real 1 Realty
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Views
22
Current Estimated Value
$528,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,914
Avg. Annual Appreciation
4.49%
Original Mortgage
$456,000
Outstanding Balance
$445,790
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$83,124

Purchase Details

Closed on
Feb 17, 2003
Sold by
Realen Homes Lp
Bought by
Hill Vincent O and Hill Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.07%
Source: Public Records

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
Iwinski Michael $480,000 None Listed On Document
Hill Vincent O $343,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iwinski Michael $456,000
Previous Owner Hill Vincent O $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $480,000 +1.1% $161 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $475,000 -- $160 / 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 $10,710 $148,869 $27,872 $120,997
2023 $10,251 $133,947 $25,078 $108,869
2022 $9,099 $118,442 $25,078 $93,364
2021 $8,836 $111,833 $23,679 $88,154
2020 $8,666 $109,319 $23,147 $86,172
2019 $8,405 $103,778 $21,974 $81,804
2018 $9,226 $106,066 $21,539 $84,527
2017 $8,863 $99,220 $20,149 $79,071
2016 $9,216 $97,274 $18,522 $78,752
2015 -- $91,149 $17,356 $73,793
2014 -- $85,826 $16,877 $68,949
2013 -- $88,453 $17,394 $71,059
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11757788

Midwest Real Estate Data (MRED)

APN: 03-02-155-005