Seller's Agent in 2025
Latasha Chedda
@ Properties
(630) 217-3000
2 in this area
39 Total Sales
541 Clover Dr Algonquin, IL 60102
Far West Algonquin Neighborhood
4
Beds
5
Baths
3,926
Sq Ft
0.44
Acres
Highlights
- 0.44 Acre Lot
- Open Floorplan
- Property is near a park
- Mackeben Elementary School Rated A-
- Community Lake
- Recreation Room
About This Home
As of September 2025Welcome to this elegant and expansive residence offering approximately 6,000 square feet of refined living space, including the finished basement, in the highly sought-after Terrace Lakes neighborhood. Gleaming hardwood floors grace most of the main level, setting the tone for timeless sophistication. A private main-level office with French doors and a coffered ceiling offers the perfect space to work from home-or easily convert it into a first-floor bedroom. The heart of the home is the gourmet kitchen, complete with granite countertops, a center island, stainless steel appliances, and an abundance of cabinetry. Gather in the sun-drenched three-seasons room with panoramic pond views, or unwind in the dramatic two-story family room featuring a soaring ceiling and a cozy fireplace. Entertain in style in the elegant formal dining room adorned with a tray ceiling or host guests in the formal living room. Upstairs, you'll find four generously sized bedrooms. The luxurious primary suite and a second bedroom each feature private en-suite baths, while the remaining two bedrooms are connected by a well-appointed Jack and Jill bathroom. The primary bath is a true retreat with dual vanities, a jetted tub, and a separate shower. The spacious finished basement is an entertainer's dream, boasting a custom-built wet bar with rich cabinetry, refrigerator, dishwasher, and sink-plus a fifth bedroom and powder room for guests. Outdoor living is just as exceptional, with a brick paved patio overlooking tranquil water views and direct access to a scenic walking trail. With thoughtful architectural details throughout and serene pond views from multiple vantage points, this impressive home is the perfect blend of luxury, comfort, and functionality.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475160158 Listed on: 07/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,411
Year Built
- Built in 2003
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 21x29x29x29x29x144x188x108
- Property has an invisible fence for dogs
- Corner Lot
Parking
- 3 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,926 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Bar
- Coffered Ceiling
- Ceiling Fan
- Attached Fireplace Door
- Gas Log Fireplace
- Window Screens
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Home Office
- Recreation Room
- Sun or Florida Room
- Lower Floor Utility Room
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Schools
- Mackeben Elementary School
- Heineman Middle School
- Huntley High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Patio
- Property is near a park
Community Details
- Terrace Lakes Subdivision, Hampton Floorplan
- Community Lake
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2025
Closed on
Sep 2, 2025
Sold by
Land Trust Company and Trust Number 131678
Bought by
Rizvi Mohammed Rameez and Rizvi Fatima Zebi
Seller's Agent
Latasha Chedda
@properties Christie's International Real Estate
Buyer's Agent
Abhishek Patel
ARNI Realty Inc.
List Price
$639,900
Sold Price
$641,000
Premium/Discount to List
$1,100
0.17%
Views
37
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.15%
Original Mortgage
$512,800
Outstanding Balance
$512,800
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$127,175
Purchase Details
Closed on
Aug 26, 2003
Sold by
Algonquin State Bank
Bought by
Lasalle Bank Na
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,900
Interest Rate
6.18%
Mortgage Type
New Conventional
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $531,132 | Northern Land Title Corp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $125,000 | Credit Line Revolving | |
| Closed | $56,000 | Credit Line Revolving | |
| Closed | $424,900 | New Conventional | |
| Closed | $424,900 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | Sold | $641,000 | +0.2% | $163 / Sq Ft |
| 07/24/2025 07/24/25 | Pending | -- | -- | -- |
| 07/14/2025 07/14/25 | For Sale | $639,900 | 0.0% | $163 / Sq Ft |
| 07/14/2025 07/14/25 | Price Changed | $639,900 | -- | $163 / 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 |
|---|---|---|---|---|
| 2024 | $13,411 | $190,283 | $17,702 | $172,581 |
| 2023 | $13,043 | $170,933 | $15,902 | $155,031 |
| 2022 | $12,375 | $155,648 | $14,480 | $141,168 |
| 2021 | $11,970 | $146,589 | $13,637 | $132,952 |
| 2020 | $11,796 | $142,679 | $13,273 | $129,406 |
| 2019 | $11,491 | $139,036 | $12,934 | $126,102 |
| 2018 | $12,999 | $152,981 | $14,556 | $138,425 |
| 2017 | $12,867 | $144,172 | $13,718 | $130,454 |
| 2016 | $12,995 | $137,071 | $13,042 | $124,029 |
| 2013 | -- | $100,657 | $19,819 | $80,838 |
Source: Public Records
Agents Affiliated with this Home
-
Latasha Chedda
-
Abhishek Patel
A
Buyer's Agent in 2025
Abhishek Patel
ARNI Realty Inc.
(847) 699-8177
1 in this area
5 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12406545
APN: 18-36-129-007
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