NOT LISTED FOR SALE

2 Lake Drive Ct Algonquin, IL 60102

Estimated Value: $476,000 - $513,126

5 Beds
4 Baths
2,419 Sq Ft
$206/Sq Ft Est. Value

Last Sold September 05, 2017

Last sale price $295,000 $122 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,531/month

12 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Vaulted Ceiling
  • Lincoln Prairie Elementary School Rated A-
  • Double Shower
  • 2-minute walk to Ford School Park

About This Home

As of September 2017

Beautifully updated former model on premium lot with hardwood floors, vaulted ceilings, columns, arches, six-paneled doors, and two fireplaces. Large deck with pergola looks out on mature lot and landscaped yard with serene views of pond. Two-story foyer leads to formal living room and separate dining room. First floor office/den could be sixth bedroom in addition to fifth in the basement. Open concept includes a spacious eat-in kitchen with granite counters, stainless steel appliances, center island, white cabinets, planning desk, and pantry, leads to family room with fireplace. Upstairs, enter the master suite through french doors to a cathedral ceiling, fireplace, walk-in closet, palladian window, soaking tub, separate shower, dual vanities, and private commode. Second-floor laundry. Fully finished basement with tray ceiling, bonus/5th bedroom across from full bath. All on a little cul-de-sac close to shopping and area hotspots! Move-in ready! Don't blink! You'll miss it!

Last Agent to Sell the Property

David Leigh

Redfin Corporation License #471007779 Listed on: 07/07/2017

Redfin Corporation

Last Buyer's Agent

Qiang Yu

LITS Realty LLC License #471019648

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,693

Year Built

  • 1995

Lot Details

  • Cul-De-Sac
  • Corner Lot

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Attached Fireplace Door
  • Dining Area
  • Home Office
  • Storm Screens
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Double Shower
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,693

Year Built

1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Age: 21-25 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Total Sq Ft: 2419
  • Unfinished Basement Sq Ft: 288
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 1995
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, Wood Laminate Floors, 1st Floor Bedroom, 2nd Floor Laundry
  • Number Of Rooms: 11
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan, Sump Pump, Backup Sump Pump;
  • Fireplace Details: Attached Fireplace Doors/Screen
  • Fireplace Location: Family Room, Master Bedroom
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Double Shower, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X5, On Level: 2nd Level, Flooring: Vinyl
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 13X9, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Office, Eating Area
  • Master Bedroom: Dimensions: 19X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 14X16, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Office, Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Eating Area, Dimensions: 13X7, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2419
  • Estimated Total Finished Sq Ft: 3419
  • Basement Sq Ft: 1288
  • Basement Finished Sq Ft: 1000
  • Upper Level Sq Ft: 2419
  • Dining Room Type: Separate
  • Family Room: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood, Windows: All

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Exterior Property Features: Deck, Storms/Screens
  • Acreage: 0.426

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
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 2419

Schools

  • School District: 300
  • Elementary School: LINCOLN PRAIRIE ELEMENTARY SCHOO
  • Middle School: WESTFIELD COMMUNITY SCHOOL
  • High School: H D JACOBS HIGH SCHOOL
  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: 33X33X40X131X86X108X152
  • Lot Description: Corner, Cul-de-sac
  • Parcel Identification Number: 1929401005

Tax Info

  • Taxes: 7620.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Aug 22, 2017
Sold by
Sai Sanjay K and Sai Archana
Bought by
Lin Zhong Cheng and Zhang Meiyan
Seller's Agent
David Leigh
Redfin Corporation
Buyer's Agent
Qiang Yu
LITS Realty LLC
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%
Current Estimated Value
$498,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,032
Avg. Annual Appreciation
6.27%
Original Mortgage
$220,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 1998
Sold by
Sai Sanjay K
Bought by
Sai Sanjay K and Sai Archana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.18%

Purchase Details

Closed on
Jun 30, 1997
Sold by
Pulte Home Corp
Bought by
Sai Sanjay K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,300
Interest Rate
6.12%
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
Lin Zhong Cheng $295,000 First American Title
Sai Sanjay K -- Golden Title
Sai Sanjay K $233,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Zhong Cheng $220,000
Previous Owner Sai Sanjay K $184,000
Previous Owner Sai Sanjay K $186,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2017 09/05/17 Sold $295,000 -1.7% $122 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $300,000 -- $124 / 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 $10,693 $144,686 $30,282 $114,404
2023 $10,833 $129,403 $27,083 $102,320
2022 $9,586 $111,773 $31,432 $80,341
2021 $9,240 $104,130 $29,283 $74,847
2020 $9,019 $100,443 $28,246 $72,197
2019 $8,828 $96,136 $27,035 $69,101
2018 $8,465 $88,810 $24,975 $63,835
2017 $7,734 $83,665 $23,528 $60,137
2016 $7,621 $78,470 $22,067 $56,403
2013 -- $81,614 $20,586 $61,028
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09682214

Midwest Real Estate Data (MRED)

APN: 19-29-401-005