NOT LISTED FOR SALE

2324 Tracy Ln Algonquin, IL 60102

Estimated Value: $495,000 - $596,000

4 Beds
3.5 Baths
2,860 Sq Ft
$185/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $457,000 $160 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,866/month

6 Days on Market

About This Home

As of December 2023

This absolutely beautiful home offers strong curb appeal with a 3 car garage, mature landscaping, a fenced yard, a brick walkway to a large paver brick patio, an elevated deck plus a lovely gazebo! The inviting floor plan is open and bright with beautiful hardwood floors, extra windows and architectural details. Entertain in your living and dining rooms with volume ceilings, hardwood floors and a lovely chandelier. The designer eat-in kitchen has an island, a pantry, solid surface counters and includes all the appliances. The adjacent spacious family room has a modern fireplace and access thru double french doors to the happy *sunroom*! There is also a first floor bedroom/office, a full bath and a utility room with a sink and 2nd hook-up for a washer/dryer. Upstairs you will love the large loft for music, art, movies or a homework area. The private primary bedroom offers a double door entry, a hardwood floor, a walk-in closet, bright windows and a luxury bath w/double sinks, whirlpool tub and a separate shower. Also there are large secondary bedrooms, closets and a nice upgraded hall bath. In the lower level you will find a huge recreation/ game room, a powder room and a wet bar for entertaining. This is a fabulous home that is ready now for the holidays.

Last Agent to Sell the Property

Cindy Banks

RE/MAX Cornerstone License #475123450 Listed on: 11/02/2023

RE/MAX Cornerstone

Last Buyer's Agent

Zeba Hasan

HomeSmart Connect LLC License #475184649

HomeSmart Connect LLC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 12, 2023
Sold by
Chapman Renata
Bought by
Haq Baseerul M and Haq Shehla K
Seller's Agent
Cindy Banks
RE/MAX Cornerstone
Buyer's Agent
Zeba Hasan
HomeSmart Connect LLC
List Price
$450,000
Sold Price
$457,000
Premium/Discount to List
$7,000
1.56%
Total Days on Market
6
Views
115
Current Estimated Value
$528,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,694
Avg. Annual Appreciation
10.27%
Original Mortgage
$307,000
Outstanding Balance
$303,089
Interest Rate
7.38%
Mortgage Type
Construction
Estimated Equity
$225,605

Purchase Details

Closed on
Oct 2, 2010
Sold by
Wik Karen G
Bought by
Chapman Renata

Purchase Details

Closed on
Jun 29, 2006
Sold by
Nichols Daniel F and Nichols Eileen E
Bought by
Wik Karen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2000
Sold by
Willoughby Farms Limited Partnership
Bought by
Nichols Daniel F and Nichols Eileen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.12%
Source: Public Records

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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
Haq Baseerul M $457,000 None Listed On Document
Chapman Renata $277,000 Stewart Title Company
Wik Karen G $360,000 Greater Illinois Title Compa
Nichols Daniel F $257,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haq Baseerul M $307,000
Previous Owner Chapman Renata $116,400
Previous Owner Chapman Renata $93,000
Previous Owner Chapman Renata $60,000
Previous Owner Wik Karen G $217,800
Previous Owner Wik Karen G $225,000
Previous Owner Nichols Daniel F $158,102
Previous Owner Nichols Daniel F $160,000
Previous Owner Nichols Daniel F $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $457,000 +1.6% $160 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $450,000 -- $157 / 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
2023 $10,397 $137,209 $23,151 $114,058
2022 $9,262 $118,432 $23,151 $95,281
2021 $8,981 $111,823 $21,859 $89,964
2020 $8,800 $109,309 $21,368 $87,941
2019 $8,529 $103,768 $20,285 $83,483
2018 $8,587 $101,713 $19,883 $81,830
2017 $8,228 $95,148 $18,600 $76,548
2016 $8,185 $89,613 $18,009 $71,604
2015 -- $81,061 $17,040 $64,021
2014 -- $76,670 $16,569 $60,101
2013 -- $79,017 $17,076 $61,941
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11921488

Midwest Real Estate Data (MRED)

APN: 03-08-127-018