2 Lake Drive Ct Algonquin, IL 60102
Estimated Value: $431,000 - $510,000
5
Beds
4
Baths
2,419
Sq Ft
$195/Sq Ft
Est. Value
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 2017Beautifully 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 Listed By
David Leigh
Redfin Corporation License #471007779 Listed on: 07/07/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,833
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
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%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,055
Avg. Annual Appreciation
6.24%
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Algonquin, IL
Home Values in the Area
Average Home Value in this Area
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 | $172,000 | |
| Closed | Lin Zhong Cheng | $220,000 | |
| Previous Owner | Sai Sanjay K | $117,000 | |
| Previous Owner | Sai Sanjay K | $120,000 | |
| Previous Owner | Sai Sanjay K | $150,000 | |
| 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
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 |
|---|---|---|---|---|
| 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
-
Seller's Agent in 2017
David Leigh
Redfin Corporation
(847) 571-3011
-
Qiang Yu
Q
Buyer's Agent in 2017
Qiang Yu
LITS Realty LLC
7 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09682214
APN: 19-29-401-005
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