NOT LISTED FOR SALE

550 Golden Valley Ln Unit 4B Algonquin, IL 60102

Estimated Value: $499,000 - $523,000

4 Beds
2.5 Baths
3,000 Sq Ft
$169/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $411,000 $137 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,552/month

70 Days on Market

Highlights

  • Community Lake
  • Property is near a park
  • Wood Flooring
  • Algonquin Lakes Elementary School Rated A-
  • Vaulted Ceiling
  • 4-minute walk to Algonquin Lakes Park

About This Home

As of February 2022

Be prepared to be impressed!!! This gorgeous Summerhill model offers Gourmet kitchen features 42" Cabinets, double oven, corian counter tops and hardwood floors! Vaulted ceilings in the Formal living and dining rooms! Spacious family room open to the kitchen! 1st floor den! Large Master suite features tray ceiling, huge walk-in closet and luxury master bath includes separate shower, dual vanity & jacuzzi tub! Bedrooms 2, 3 and 4 are nice size and share the hall bath! 9ft ceilings in the unfinished basement ready for your finishing touch! Fenced backyard with two-tiered brick paver patio! Desirable Neighborhood features Elementary school, parks, baseball fields, basketball courts, walking/biking trails frisbee golf and more....Hurry this won't last

Last Agent to Sell the Property

Tracy McBreen

@properties Christie's International Real Estate License #475138995 Listed on: 11/02/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Kelly Ladewig

Baird & Warner License #475163487

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,539

Year Built

  • Built in 2002

Lot Details

  • 9,980 Sq Ft Lot
  • Lot Dimensions are 75 x 126 x 86 x 122
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Double Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Algonquin Lakes Subdivision, Summerhill Floorplan
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,539

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Algonquin Lakes
  • Year Built: 2002
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Range Hood
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry, Walk-In Closet(s)
  • LivingArea: 3000
  • Other Equipment: Water-Softener Owned, TV-Cable, CO Detectors, Sump Pump
  • Room Type: Breakfast Room, Foyer, Walk In Closet, Den
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Flooring: Carpet
  • Family Room Flooring: Carpet
  • Kitchen Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar,Eating Area-Table Space
  • Laundry Flooring: Vinyl
  • Living Room Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Master Bedroom Flooring: Carpet
  • Dining Room Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • List Price: 412500
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • 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
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2291
  • Lot Dimensions: 75 X 126 X 86 X 122
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9539
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Feb 23, 2022
Sold by
Ananya Inc
Bought by
Bonilla Nubia and Rodriguez Jose Andres
Seller's Agent
Tracy McBreen
@properties Christie's International Real Estate
Buyer's Agent
Kelly Ladewig
Baird & Warner
List Price
$420,000
Sold Price
$411,000
Premium/Discount to List
-$9,000
-2.14%
Current Estimated Value
$507,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,748
Avg. Annual Appreciation
5.89%
Original Mortgage
$369,900
Outstanding Balance
$345,337
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$159,112

Purchase Details

Closed on
Jul 17, 2020
Sold by
Kanda Ravishankar and Palakodety Anupama
Bought by
Ananya Inc

Purchase Details

Closed on
Jul 22, 2002
Sold by
Realen Homes Lp
Bought by
Kanda Ravishankar and Palakodety Anupama

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
6.7%
Source: Public Records

Range of Values:

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Average Value
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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
Bonilla Nubia $411,000 None Listed On Document
Ananya Inc -- None Available
Kanda Ravishankar $349,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonilla Nubia $369,900
Previous Owner Kanda Ravishankar $279,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $411,000 -2.1% $137 / Sq Ft
11/02/2021 11/02/21 For Sale $420,000 0.0% $140 / Sq Ft
02/20/2020 02/20/20 Rented $2,300 0.0% --
02/13/2020 02/13/20 Under Contract -- -- --
01/03/2020 01/03/20 For Rent $2,300 -- --
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
2024 $10,315 $143,673 $25,730 $117,943
2023 $9,870 $129,272 $23,151 $106,121
2022 $9,970 $119,302 $23,151 $96,151
2021 $9,713 $112,645 $21,859 $90,786
2020 $9,539 $110,113 $21,368 $88,745
2019 $8,748 $104,531 $20,285 $84,246
2018 $9,191 $105,687 $19,883 $85,804
2017 $8,829 $98,866 $18,600 $80,266
2016 $9,312 $98,229 $18,522 $79,707
2015 -- $92,044 $17,356 $74,688
2014 -- $88,976 $16,877 $72,099
2013 -- $91,700 $17,394 $74,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11261170

Midwest Real Estate Data (MRED)

APN: 03-02-153-018