NOT LISTED FOR SALE

505 Souwanas Trail Algonquin, IL 60102

Algonquin Area

Estimated Value: $302,000 - $371,000

2 Beds
2 Baths
1,608 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2025

Last sale price $325,000 $202 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,383 / mo

31 Days on Market

Highlights

  • Landscaped Professionally
  • Mature Trees
  • Wood Flooring
  • Eastview Elementary School Rated A
  • Deck
  • Skylights

About This Home

As of January 2025

Welcome to Algonquin Shores! This completely renovated ranch home is nestled among the scenic landscape of rolling hills and towering trees in this gorgeous riverfront community. Located steps from the Fox River and just minutes to quaint downtown Algonquin, this two-bedroom two full bathroom ranch is essentially a brand-new home. Freshly painted throughout, the large welcoming living room features a wall of windows for ample natural light as well as gorgeous wide-plank hardwood flooring and upgraded tall baseboard trim both of which run through much of the home. The adjacent family room with new carpet is perfect for entertaining with its generous size, open layout to the kitchen and convenient access to the no maintenance composite deck. Your new kitchen features LVP flooring, a large island with breakfast bar as well as lots of cabinetry for all your storage needs. The high-end Frigidaire stainless steel appliances including oven with gas cooktop, refrigerator and dishwasher are brand new and in fact still retain the protective covering so you will be sure you are the first to use them. The numerous recessed ceiling lights and skylight along with lots of counter space provide the perfect working environment for the chef of your home! Additionally, family and friends will enjoy dining in the large kitchen eat-in room, open to the main kitchen and surrounded by windows making for mesmerizing views of the large backyard and surrounding natural wilderness. There is also access to the very large newly painted covered porch which spans much of the rear of the home. Complimenting the kitchen space is a large and very functional butler's pantry for even more storage and working space. Both bedrooms also feature the wide-plank hardwoods and upgraded baseboards as well as good closet space. Both full bathrooms are updated including gorgeous new vanities. The hall bath is complete with a tub/shower combo and the master with a convenient walk-in shower. At the rear of the home, you will find an enormous mud and laundry room area, again with additional storage and counter space. This room was smartly designed with direct access to both the backyard and oversized garage. The attached garage is a very generous two-car with access to the covered porch and backyard in addition to the mudroom entrance. Topping off this space is the separate but attached bump-out area which is perfect for storage or even a workshop. Water Heater: 2023; New well pump: 2017; HVAC: 2009 located in crawl; Most windows approx.: 2009; City sewer. As a part of the Fox River Valley, the surrounding area is in many ways resort-like. Steps from your door is access to over 30 miles of outdoor recreation along the Prairie Trail spanning all the way from Algonquin to Richmond and Hebron in the north and Woodstock to the west through various connecting trails. With nearby access to the Fox River for boating and fishing your new ranch home is truly located in a recreation lover's outdoor paradise. Have your agent schedule a showing TODAY or call us directly!

Last Agent to Sell the Property

Alex Rullo

RE/MAX All Pro - St Charles License #475090750 Listed on: 11/25/2024

RE/MAX All Pro - St Charles

Co-Listed By

Adam Rullo

RE/MAX All Pro - St Charles License #475168329

Last Buyer's Agent

Angelica Parker

Keller Williams Inspire License #475213581

Keller Williams Inspire

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,840

Year Built

  • Built in 1977 | Remodeled in 2024

Lot Details

  • Lot Dimensions are 172x71x149x158
  • Landscaped Professionally
  • Irregular Lot
  • Mature Trees

Parking

  • 2.5 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,608 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Family Room
  • Living Room
  • Dining Room
  • Breakfast Bar

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Deck
  • Porch

Schools

  • Eastview Elementary School
  • Algonquin Middle School
  • Dundee-Crown High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,840

Year Built

Built in 1977 | Remodeled in 2024

Lot Details

0.4 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1608
  • Other Equipment: Water-Softener Owned, Ceiling Fan(s), Sump Pump
  • Room Type: Eating Area, Pantry, Deck
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Porch
  • Lot Features: Irregular Lot, Landscaped, Mature Trees
  • Patio And Porch Features: Deck, Porch
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Asphalt,Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Eastview Elementary School
  • High School: Dundee-Crown High School
  • Middle/Junior School: Algonquin Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 172X71X149X158
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5840
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2024
Closed on
Jan 28, 2025
Sold by
Bought by
Seller's Agent
Alex Rullo
RE/MAX All Pro - St Charles
Buyer's Agent
Angelica Parker
Keller Williams Inspire
List Price
$360,000
Sold Price
$325,000
Premium/Discount to List
-$35,000
-9.72%
Views
68
Current Estimated Value
$344,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,466
Avg. Annual Appreciation
4.12%
Original Mortgage
$308,750
Interest Rate
0.0691%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2008
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 27, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
0.0761%
Source: Public Records
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$325,000 Chicago Title
-- None Available
$245,000 Chicago Title Insurance Co
$156,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $308,750
Previous Owner $94,000
Previous Owner $15,000
Previous Owner $90,000
Previous Owner $30,000
Previous Owner $30,000
Previous Owner $63,800
Previous Owner $30,000
Previous Owner $30,000
Previous Owner $75,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold $325,000 -7.1% $202 / Sq Ft
12/27/2024 12/27/24 Pending -- -- --
12/09/2024 12/09/24 Price Changed $350,000 -2.8% $218 / Sq Ft
11/25/2024 11/25/24 For Sale $360,000 0.0% $224 / Sq Ft
11/25/2024 11/25/24 Price Changed $360,000 -- $224 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,131 $88,635 $13,651 $74,984
2023 $5,840 $79,751 $12,283 $67,468
2022 $5,252 $68,850 $10,236 $58,614
2021 $5,088 $65,008 $9,665 $55,343
2020 $4,985 $63,547 $9,448 $54,099
2019 $4,824 $60,326 $8,969 $51,357
2018 $4,677 $56,725 $8,791 $47,934
2017 $4,475 $53,064 $8,224 $44,840
2016 $4,933 $54,855 $6,856 $47,999
2015 -- $51,401 $6,424 $44,977
2014 -- $49,982 $6,247 $43,735
2013 -- $51,512 $6,438 $45,074
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12206757

Midwest Real Estate Data (MRED)

APN: 03-03-201-033

Your Personal Tour Guide

Ask me questions while you tour the home.