Seller's Agent in 2022
Kate Schumacher
Baird Warner
(847) 624-3153
131 Total Sales
503 Summit St Algonquin, IL 60102
Estimated Value: $353,313 - $365,000
4
Beds
3
Baths
--
Sq Ft
0.29
Acres
Highlights
- Deck
- Fenced Yard
- 2 Car Attached Garage
- Eastview Elementary School Rated A
- Porch
- Ceiling Fan
About This Home
As of August 2022Amazing Investment Opportunity! Legal Non-Conforming two-unit home in highly sought after location. Separate Electric Meters. One unit is ranch unit with basement - has main floor main bedroom and bathroom w/ kitchen and dining area, along with 3 lower level rooms used for bedrooms and another living area. 2nd full bathroom on lower level as well. Upstairs apartment is over the garage and is a 1 bedroom/1 bathroom apartment with kitchen and combination living room/eating area. Extra large fenced in backyard, 2 car garage, and large shared laundry room make this place even more desirable for interested tenants. Come check this one out today and start earning income! Or live in one half and rent out the other side to help cover the bills! An in-law or joint family arrangement is yet another possible use for this home! Don't miss out on this amazing rare opportunity! Bring your updates and ideas to make this place work for you!!!
Last Agent to Sell the Property
Baird & Warner Real Estate - Algonquin License #471005002 Listed on: 06/08/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,715
Year Built
- Built in 1960
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 95x132x95x132
- Fenced Yard
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Finished Basement
- Basement Fills Entire Space Under The House
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Bathrooms
Outdoor Features
- Deck
- Porch
Schools
- Eastview Elementary School
- Algonquin Middle School
- Dundee-Crown High School
Utilities
- Baseboard Heating
- Heating System Uses Steam
Community Details
- 2 Units
- Janak Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2022
Closed on
Aug 16, 2022
Sold by
Trust Number Asb-1373
Bought by
Brownlee Deshon
Seller's Agent
Kate Schumacher
Baird & Warner Real Estate - Algonquin
Buyer's Agent
Debbie Toscano
Century 21 Circle
List Price
$279,000
Sold Price
$285,000
Premium/Discount to List
$6,000
2.15%
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
$72,328
Avg. Annual Appreciation
6.22%
Original Mortgage
$291,555
Outstanding Balance
$279,047
Interest Rate
5.12%
Mortgage Type
New Conventional
Estimated Equity
$64,569
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brownlee Deshon | $285,000 | Albany Bank & Trust Company Na |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brownlee Deshon | $291,555 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2022 08/22/22 | Sold | $285,000 | +2.2% | -- |
| 07/08/2022 07/08/22 | Pending | -- | -- | -- |
| 06/08/2022 06/08/22 | For Sale | $279,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $7,304 | $93,369 | $14,015 | $79,354 |
| 2023 | $6,991 | $83,507 | $12,535 | $70,972 |
| 2022 | $5,928 | $69,129 | $18,796 | $50,333 |
| 2021 | $5,715 | $64,402 | $17,511 | $46,891 |
| 2020 | $5,578 | $62,122 | $16,891 | $45,231 |
| 2019 | $5,460 | $59,459 | $16,167 | $43,292 |
| 2018 | $5,236 | $54,928 | $14,935 | $39,993 |
| 2017 | $5,153 | $51,746 | $14,070 | $37,676 |
| 2016 | $5,104 | $48,533 | $13,196 | $35,337 |
| 2013 | -- | $55,596 | $12,311 | $43,285 |
Source: Public Records
Agents Affiliated with this Home
-
Kate Schumacher
-
Kelly Hagele
Seller Co-Listing Agent in 2022
Kelly Hagele
Baird Warner
(847) 875-9858
14 Total Sales
-
Debbie Toscano
Buyer's Agent in 2022
Debbie Toscano
Century 21 Circle
(815) 474-4984
65 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11429930
APN: 19-34-333-002
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