NOT LISTED FOR SALE

500 Lake Cornish Way Algonquin, IL 60102

Estimated Value: $472,390 - $549,000

4 Beds
3 Baths
2,985 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 10, 2014

Last sale price $267,500 $90 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,445/month

40 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Wood Flooring
  • Algonquin Lakes Elementary School Rated A-
  • Traditional Architecture
  • Corner Lot

About This Home

As of July 2014

Immaculate, spacious home w/Volume ceilings! Fabulous kitchen w/GE Profile appliances, upgraded 42" cabinets & double ovens is open to family rm! HUGE master suite w/separate sitting rm,soaking tub,double vanity! Hardwood floors in foyer, kitchen & powder rm! Security System, 3 CAR GARAGE! Full unfinished basement great for storage & workout rm/playroom! Home is smoker and pet free.

Last Agent to Sell the Property

Pam Jacobs

@properties Christie's International Real Estate License #471016085 Listed on: 04/15/2014

@properties Christie's International Real Estate

Co-Listed By

Chuck Jacobs

@properties Christie's International Real Estate License #475109983

Last Buyer's Agent

Rich Joseph

Worth Clark Realty License #471010508

Worth Clark Realty

Home Details

Home Type

  • Single Family

Year Built

  • 2002

Lot Details

  • Landscaped Professionally
  • Corner Lot

Parking

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

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Sitting Room
  • Utility Room with Study Area
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Brick Porch or Patio

Utilities

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

Home Details

Home Type

Single Family

Year Built

2002

Lot Details

0.3 Acres

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, Water-Softener Owned, TV-Cable, Security System, CO Detectors, Sump Pump, Air Cleaner
  • Attic: Unfinished
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X6, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 15X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Sitting Room, Study
  • Master Bedroom: Dimensions: 15X18, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Sitting, Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Study, Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X15, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2985
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X15, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Brick Paver Patio, Storms/Screens
  • Acreage: 0.3086

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: 13,444 SQ FT
  • Lot Description: Corner, Landscaped Professionally
  • Parcel Identification Number: 0302152001

Tax Info

  • Taxes: 8465

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2024
Sold by
Mirza Rahat Ali and Mirza Rubab
Bought by
Mirza Rahat Ali and Mirza Rubab
Current Estimated Value
$513,098

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jul 10, 2014
Sold by
Gray Brian P and Greeberg Melissa R
Bought by
Mirza Reza
Seller's Agent
Pam Jacobs
@properties Christie's International Real Estate
Buyer's Agent
Rich Joseph
Worth Clark Realty
List Price
$300,000
Sold Price
$267,500
Premium/Discount to List
-$32,500
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$254,125
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2002
Sold by
Realen Homes Lp
Bought by
Gray Brian P and Greenberg Melissa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,800
Interest Rate
6.82%

Purchase Details

Closed on
Dec 17, 2001
Sold by
Realen Homes Lp
Bought by
Boyd Dennis J and Duggan Ann R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mirza Rahat Ali -- None Listed On Document
Mirza Reza $267,500 Fidelity National Title
Gray Brian P $308,500 Chicago Title Insurance Co
Boyd Dennis J $296,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mirza Reza $254,125
Previous Owner Gray Brian P $261,800
Previous Owner Boyd Dennis J $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2014 07/10/14 Sold $267,500 -2.7% $90 / Sq Ft
05/25/2014 05/25/14 Pending -- -- --
05/15/2014 05/15/14 Price Changed $275,000 -8.3% $92 / Sq Ft
04/15/2014 04/15/14 For Sale $300,000 -- $101 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $9,650 $139,569 $24,351 $115,218
2023 $9,570 $125,579 $21,910 $103,669
2022 $9,017 $113,899 $21,910 $91,989
2021 $8,756 $107,543 $20,687 $86,856
2020 $8,587 $105,125 $20,222 $84,903
2019 $8,328 $99,796 $19,197 $80,599
2018 $8,657 $99,892 $18,817 $81,075
2017 $8,314 $93,444 $17,602 $75,842
2016 $8,867 $93,817 $18,522 $75,295
2015 -- $87,910 $17,356 $70,554
2014 -- $82,868 $16,877 $65,991
2013 -- $85,405 $17,394 $68,011
Source: Public Records

Agents Affiliated with this Home

  • Pam Jacobs

    Seller's Agent in 2014

    Pam Jacobs

    @ Properties

    (847) 612-1576

    88 Total Sales

    Pam Jacobs
    Section Image
  • Chuck Jacobs

    Seller Co-Listing Agent in 2014

    Chuck Jacobs

    @ Properties

    Chuck Jacobs
    Section Image

  • R

    Buyer's Agent in 2014

    Rich Joseph

    Worth Clark Realty

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08586128

Midwest Real Estate Data (MRED)

APN: 03-02-152-001

Illinois Kane County Algonquin 60102

500 Lake Cornish Way, Algonquin, IL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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