NOT LISTED FOR SALE

521 N Main St Algonquin, IL 60102

Estimated Value: $261,000 - $314,000

3 Beds
2 Baths
-- Sq Ft
0.53 Acres

Last Sold August 26, 2020

Last sale price $161,000

Est. 81% increase in value since last sale

Current estimated payment $2,129/month

131 Days on Market

Highlights

  • Property is near a park
  • American Four Square Architecture
  • Forced Air Heating System
  • Eastview Elementary School Rated A
  • 1 Car Detached Garage
  • Ceiling Fan

About This Home

As of August 2020

NEAT, CLEAN AND NICELY UPDATED 2-UNIT NEAR DOWN TOWN AND RIVER-WALK! 1ST FLOOR 2 BR 1 BATH & SPACIOUS 1 BR 1 BATH 2ND FLOOR UNIT. BEAUTIFULLY UPGRADED THROUGHOUT W/ NEW FLOORING, KITCHEN AND BATH UPGRADES, PROFESSIONALLY PAINTED INTERIOR AND MORE! TURN-KEY MOVE-IN CONDITION!! SITUATED ON NEARLY A HALF AN ACRE (23,087 SQ FT) W/ 138 FEET OF MAIN ST. FRONTAGE! FUTURE COMMERCIAL OPPORTUNITIES!! SELLERS ARE RETIRING LICENSED REALTORS. **OFFERING A $5000 EXTERIOR CREDIT!

Last Agent to Sell the Property

Bo West

RE/MAX Horizon License #475122321 Listed on: 02/26/2020

RE/MAX Horizon

Last Buyer's Agent

Joan Couris

Keller Williams Thrive License #475155965

Keller Williams Thrive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,138

Year Built

  • Built in 1902 | Remodeled in 2019

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 138x127x117x139

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • American Four Square Architecture
  • Stone Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Masonite

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • 2 Units
  • American 4 Square

Building Details

  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,138

Year Built

Built in 1902 | Remodeled in 2019

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Year Built: 1902
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter, Stone
  • List Price: 169900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Masonite

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Sidewalks
  • Conversion YN: Y

Schools

  • Elementary School: Eastview Elementary School
  • High School: Dundee-Crown High School
  • Middle/Junior School: Algonquin Middle School
  • Middle/Junior School District: 300

Lot Info

  • Lot Size Acres: 0.53
  • Lot Dimensions: 138X127X117X139
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 21000
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 7138
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Aug 21, 2020
Sold by
Bisschop Ronny E and Bisschop Carol R
Bought by
Espinoza Isidro and Mutchart Brenda
Seller's Agent
Bo West
RE/MAX Horizon
Buyer's Agent
Joan Couris
Keller Williams Thrive
List Price
$179,900
Sold Price
$161,000
Premium/Discount to List
-$18,900
-10.51%
Total Days on Market
131
Current Estimated Value
$290,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,905
Avg. Annual Appreciation
12.48%
Original Mortgage
$144,900
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 1991
Sold by
Randle Jerry M
Bought by
Bisschop Ronny E and Bisschop Carol R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
7.86%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Espinoza Isidro $161,000 None Available
Bisschop Ronny E $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinoza Isidro $152,625
Previous Owner Espinoza Isidro $144,900
Previous Owner Bisschop Ronny E $56,850
Previous Owner Bisschop Ronny E $62,000
Previous Owner Bisschop Ronny E $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $161,000 0.0% --
08/24/2020 08/24/20 Off Market $161,000 -- --
07/06/2020 07/06/20 Pending -- -- --
04/19/2020 04/19/20 Price Changed $169,900 -5.6% --
02/26/2020 02/26/20 For Sale $179,900 -- --
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
2023 $7,018 $83,836 $27,113 $56,723
2022 $8,082 $94,244 $43,190 $51,054
2021 $7,791 $87,800 $40,237 $47,563
2020 $7,605 $84,692 $38,813 $45,879
2019 $7,443 $81,061 $37,149 $43,912
2018 $7,138 $74,883 $34,318 $40,565
2017 $7,025 $70,545 $32,330 $38,215
2016 $6,958 $66,165 $30,323 $35,842
2013 -- $55,862 $28,287 $27,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10648415

Midwest Real Estate Data (MRED)

APN: 19-27-382-011