527 Summit St Algonquin, IL 60102
Estimated Value: $313,000 - $338,847
4
Beds
2.5
Baths
1,854
Sq Ft
$179/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Mud Room
- Formal Dining Room
- Eastview Elementary School Rated A
- Workshop
- 1 Car Attached Garage
About This Home
As of September 2023***Multiple offers received. Highest and Best called for Sunday August 20th at 5pm***Nestled in beautiful Algonquin, this quad-level house is being offered for the first time. The 4 Bed ~ 2.1 Bath ~ .25 Acre Lot home is located near the vibrant downtown. The front porch greets you as you enter the main level, which features a spacious living room, a separate dining area with a ceiling fan, and a kitchen. The kitchen door opens to the gorgeous backyard, which has mature trees, a newly poured concrete patio/walkway, and steps that lead down to the lower level. Three bedrooms and two full bathrooms comprise the upstairs level. All upstairs bedrooms boast hardwood floors and ceiling fans. The primary bedroom and bathroom are located here. As you head down to the lower level, you will notice the vast family room, half bathroom, fourth bedroom, and mudroom. The partial basement is full of potential and comes with a washer and dryer! This house has great bones throughout and an absolutely peaceful and charming location. It is being sold AS-IS and needs some cosmetic updates. The possibilities are endless and awaiting your touch and design. The original owners have lovingly cared for this home, and now, it's time for new memories to be made!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,728
Year Built
- Built in 1963
Lot Details
- 0.26 Acre Lot
Parking
- 1 Car Attached Garage
- Driveway
- Parking Space is Owned
Home Design
- Quad-Level Property
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,854 Sq Ft Home
- Window Treatments
- Mud Room
- Family Room
- Living Room
- Formal Dining Room
- Workshop
- Unfinished Basement
- Partial Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Partially Carpeted
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2023
Closed on
Sep 14, 2023
Sold by
Rumsa James A
Bought by
Gault Daniel and Gault Kelly
Seller's Agent
Benjamin Whitehouse
103 Realty LLC
Buyer's Agent
Tina Grzeca
CENTURY 21 New Heritage
List Price
$250,000
Sold Price
$280,000
Premium/Discount to List
$30,000
12%
Total Days on Market
2
Views
94
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
$51,462
Original Mortgage
$266,000
Outstanding Balance
$263,543
Interest Rate
7.49%
Mortgage Type
New Conventional
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Similar Homes in Algonquin, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gault Daniel | $280,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gault Daniel | $266,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2023 09/18/23 | Sold | $280,000 | +12.0% | $151 / Sq Ft |
| 08/20/2023 08/20/23 | Pending | -- | -- | -- |
| 08/17/2023 08/17/23 | For Sale | $250,000 | -- | $135 / Sq Ft |
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 |
|---|---|---|---|---|
| 2023 | $5,337 | $79,757 | $12,253 | $67,504 |
| 2022 | $4,728 | $66,134 | $16,863 | $49,271 |
| 2021 | $4,491 | $61,612 | $15,710 | $45,902 |
| 2020 | $4,349 | $59,431 | $15,154 | $44,277 |
| 2019 | $4,213 | $56,882 | $14,504 | $42,378 |
| 2018 | $3,960 | $52,547 | $13,399 | $39,148 |
| 2017 | $3,834 | $49,503 | $12,623 | $36,880 |
| 2016 | $3,726 | $46,429 | $11,839 | $34,590 |
| 2013 | -- | $56,869 | $11,044 | $45,825 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Whitehouse
B
Seller's Agent in 2023
Benjamin Whitehouse
103 Realty LLC
(815) 690-1474
20 Total Sales
-
Tina Grzeca
Buyer's Agent in 2023
Tina Grzeca
CENTURY 21 New Heritage
(847) 276-7954
102 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11859081
APN: 19-34-333-007
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