NOT LISTED FOR SALE

427 S River Rd Algonquin, IL 60102

Estimated Value: $292,000 - $334,000

4 Beds
2 Baths
2,082 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $157,000 $75 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,099/month

20 Days on Market

Highlights

  • Main Floor Bedroom
  • Mud Room
  • Forced Air Heating and Cooling System
  • Eastview Elementary School Rated A
  • Bungalow
  • Senior Tax Exemptions

About This Home

As of August 2020

GREAT OPPORTUNITY TO BRING THIS HOME BACK TO IT'S GLORY DAYS! CREATE EQUITY OR FIX N' FLIP this 4 Bedroom, 2 Bath Bungalow with 2082 SQ FT of living space. The living and dining rooms are combined for entertaining and ease of living. The main level also boosts one bedroom and a full bath. Upstairs you will find 3 more bedrooms and a 2nd full bath. Full basement that has been partially finished. No flood insurance is required but the Fox River is across the street. Enjoy boating, kayaking or canoeing and live the River Lifestyle. Conveniently located close to shopping, restaurants and hiking. Property SOLD AS-IS and NOT subject to foreclosure or short-sale. No repairs or concessions will be approved and 100% tax proration. Sorry property not eligible for FHA or VA financing. Bring your ideas...this one is worth the investment!

Last Agent to Sell the Property

Kathryn Festen

Compass License #475180889 Listed on: 05/20/2020

Compass

Last Buyer's Agent

Carlos Funes

Sky High Real Estate Inc. License #475128806

Home Details

Home Type

  • Single Family

Year Built

  • 1927

Lot Details

  • 8,712

Home Design

  • Bungalow
  • Slab Foundation
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • Mud Room
  • Entrance Foyer
  • Laminate Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $5,460 Seller Concession

Home Details

Home Type

Single Family

Year Built

1927

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bungalow
  • Type Detached: 2 Stories
  • Estimated Year Built: 1927
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1927

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom
  • Number Of Rooms: 7
  • Living Room: Dimensions: 13X14, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet
  • Additional Rooms: Foyer, Mud Room
  • Master Bedroom: Dimensions: 26X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Foyer, Dimensions: 9X9, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 2 Name: Mud, Dimensions: 11X7, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X14, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X14, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2082

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Rolled)
  • Acreage: 0.2

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 3084

Schools

  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: 66X132
  • Parcel Identification Number: 1934181005

Tax Info

  • Taxes: 3709.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Sep 25, 2020
Sold by
Cabrera Gilma A and Cabrera Oscar L
Bought by
Cabrera Gilma A and Cabrera Hector Alfredo
Seller's Agent
Kathryn Festen
Compass
Buyer's Agent
Carlos Funes
Sky High Real Estate Inc.
List Price
$160,000
Sold Price
$157,000
Premium/Discount to List
-$3,000
-1.88%
Current Estimated Value
$315,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,750
Avg. Annual Appreciation
13.76%
Original Mortgage
$145,200
Outstanding Balance
$128,198
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$187,552

Purchase Details

Listed on
May 20, 2020
Closed on
Aug 17, 2020
Sold by
Forslund Mona M
Bought by
Cabrera Gilma A
Seller's Agent
Kathryn Festen
Compass
Buyer's Agent
Carlos Funes
Sky High Real Estate Inc.
List Price
$160,000
Sold Price
$157,000
Premium/Discount to List
-$3,000
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,200
Outstanding Balance
$128,198
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$187,552

Purchase Details

Closed on
Sep 17, 2019
Sold by
Forslund Paul W and Forslund Kathleen
Bought by
Forslund Mona M

Purchase Details

Closed on
Aug 26, 2019
Sold by
Forslund Mona M
Bought by
Forslund Mona M

Purchase Details

Closed on
Jul 23, 2015
Sold by
Forslund Paul S and Forslund Mona M
Bought by
Forslund Paul S and Forslund Mona M

Purchase Details

Closed on
Mar 23, 1999
Sold by
First American Bank
Bought by
Forslund Paul S and Forslund Mona M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cabrera Gilma A -- Attorney
Cabrera Gilma A $152,000 Baird & Warner Ttl Svcs Inc
Forslund Mona M -- None Available
Forslund Mona M -- Attorney
Forslund Paul S -- Attorney
Forslund Paul S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabrera Gilma A $145,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $157,000 -1.9% $75 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $160,000 -- $77 / 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 $5,566 $79,155 $10,776 $68,379
2023 $5,257 $70,794 $9,638 $61,156
2022 $4,739 $61,255 $15,770 $45,485
2021 $4,531 $57,067 $14,692 $42,375
2020 $3,955 $55,047 $14,172 $40,875
2019 $3,828 $52,686 $13,564 $39,122
2018 $3,591 $48,670 $12,530 $36,140
2017 $3,470 $45,850 $11,804 $34,046
2016 $3,365 $43,003 $11,071 $31,932
2013 -- $49,618 $10,328 $39,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10720768

Midwest Real Estate Data (MRED)

APN: 19-34-181-005