$370,000
SOLD JUN 27, 2025

425 Summit St Algonquin, IL 60102

3 Beds
1.5 Baths
1,528 Sq Ft
0.26 Acres

Recently Sold

$242 Per Sq Ft

3% Above List Price

3 Days on Market

Highlights

  • Family Room with Fireplace
  • Ranch Style House
  • Stainless Steel Appliances
  • Eastview Elementary School Rated A
  • Beamed Ceilings
  • Laundry Room

About This Home

As of June 2025

Lovingly maintained by the original owner since 1958, this solid, thoughtfully updated 3-bedroom ranch is a rare opportunity in one of Algonquin's most established neighborhoods. Inside, you'll find a remodeled kitchen with quality cabinetry and stainless steel appliances, paired with two inviting living spaces. The front living room features a fireplace and large windows that fill the space with natural light. In the back of the home, a sun-filled family room offers a second fireplace and a sliding glass door that leads directly to the backyard-creating a warm, open connection to outdoor living. The home also includes a full basement, partially finished with a built-in bar, ideal for entertaining, hobbies, or additional storage. Bathroom in the basement as well! Recent updates include new windows (2017) and a new asphalt driveway (2023). Out back, enjoy a beautifully designed stamped concrete patio-perfect for relaxing evenings or weekend gatherings. With parks, schools, shops, and downtown Algonquin nearby, this home is both move-in ready and full of potential. Homes like this-filled with natural light, timeless charm, and thoughtful care-don't last long. Come see it today!

Last Agent to Sell the Property

Patrick Kalamatas

103 Realty LLC License #471019970 Listed on: 05/15/2025

Co-Listed By

Melissa Costello

103 Realty LLC License #475172216

Last Buyer's Agent

Melissa Costello

103 Realty LLC License #475172216

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,843

Year Built

  • Built in 1958

Lot Details

  • 0.26 Acre Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House

Interior Spaces

  • 1,528 Sq Ft Home
  • Beamed Ceilings
  • Ceiling Fan
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,843

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Partially Finished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Interior Amenities: Dry Bar, Beamed Ceilings
  • LivingArea: 1528
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1528
  • Assessed Sq Ft: 1528
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1528
  • Basement Sq Ft: 1287
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 2815
  • Upper Level Sq Ft: 1528

Exterior Features

  • Construction Materials: Cedar
  • List Price: 359900
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 300

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.258
  • Lot Dimensions: 11220
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4843
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2025
Closed on
Jun 26, 2025
Sold by
Land Trust Company and Trust Number A7075
Bought by
Wyatt Mark S and Wyatt Mary P
Seller's Agent
Patrick Kalamatas
103 Realty LLC
Buyer's Agent
Melissa Costello
103 Realty LLC
List Price
$359,900
Sold Price
$370,000
Premium/Discount to List
$10,100
2.81%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.35%
Original Mortgage
$351,500
Outstanding Balance
$350,921
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$6,129
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $370,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $351,500 New Conventional
Previous Owner $7,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $370,000 +2.8% $242 / Sq Ft
05/18/2025 05/18/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $359,900 -- $236 / 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 $5,208 $82,579 $13,682 $68,897
2023 $4,843 $73,857 $12,237 $61,620
2022 $4,419 $62,524 $16,863 $45,661
2021 $4,193 $58,249 $15,710 $42,539
2020 $2,671 $56,187 $15,154 $41,033
2019 $2,731 $53,778 $14,504 $39,274
2018 $2,835 $49,680 $13,399 $36,281
2017 $3,565 $46,802 $12,623 $34,179
2016 $3,459 $43,896 $11,839 $32,057
2013 -- $50,106 $11,044 $39,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12364473

Midwest Real Estate Data (MRED)

APN: 19-34-329-006