551 Lake Cornish Way Algonquin, IL 60102
Estimated Value: $442,000 - $486,000
4
Beds
3
Baths
2,487
Sq Ft
$185/Sq Ft
Est. Value
Highlights
- Multiple Garages
- Formal Dining Room
- Soaking Tub
- Algonquin Lakes Elementary School Rated A-
- Attached Garage
About This Home
As of December 2021Remarkable home that is lovingly cared for by the current owners! Excellent curb appeal with brick front and oversized 3 car garage. Unlike most homes in the subdivision, this home offers a private first-floor study with hardwood floors and built-in shelving. This is truly a great space! Open concept back of the home with an eat-in kitchen that opens to the family room. The kitchen has ample cabinet and counter space, granite countertops, stainless steel appliances, and an inviting kitchen island. Warm family room with hardwood floors and a cozy fireplace. Large primary bedroom featuring a walk-in closet and ensuite bathroom. The bathroom has dual sinks, a soaker bathtub, and a separate shower. All of the secondary bedrooms are a nice size and two of them offer built-in shelves. A fully fenced backyard and huge patio makes this an ideal place to entertain or relax and watch the sunrise. A full unfinished basement is ideal for storage or your finishing touches. Make this space whatever you want. New washer and dryer this year. New patio sliding door! Come see today. This one will not last long!
Last Listed By
Michael Herrick
Redfin Corporation License #475157521 Listed on: 10/22/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,025
Year Built
- 2001
Lot Details
- 10,019
Parking
- Attached Garage
- Multiple Garages
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Interior Spaces
- 2,487 Sq Ft Home
- 2-Story Property
- Blinds
- Aluminum Window Frames
- Formal Dining Room
- Unfinished Attic
- Unfinished Basement
Bedrooms and Bathrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2021
Closed on
Dec 6, 2021
Sold by
Colon Anthony M and Colon Lidia B
Bought by
Carroll Michael and Carroll Jessica A
Seller's Agent
Michael Herrick
Redfin Corporation
Buyer's Agent
Naomi Campbell
Coldwell Banker Realty
Sold Price
$380,000
Total Days on Market
16
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
$79,197
Avg. Annual Appreciation
5.87%
Original Mortgage
$361,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 22, 2001
Sold by
Realen Homes Lp
Bought by
Colon Anthony M and Colon Lidia B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.8%
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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 |
|---|---|---|---|
| Carroll Michael | $380,000 | First American Title | |
| Colon Anthony M | $289,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Carroll Michael | $361,000 | |
| Previous Owner | Colon Anthony M | $182,400 | |
| Previous Owner | Colon Anthony M | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2021 12/17/21 | Sold | $380,000 | +2.7% | $153 / Sq Ft |
| 11/08/2021 11/08/21 | Pending | -- | -- | -- |
| 11/05/2021 11/05/21 | For Sale | -- | -- | -- |
| 10/26/2021 10/26/21 | Pending | -- | -- | -- |
| 10/22/2021 10/22/21 | For Sale | $370,000 | -- | $149 / 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 | $9,025 | $118,888 | $23,151 | $95,737 |
| 2022 | $8,801 | $111,316 | $23,151 | $88,165 |
| 2021 | $8,546 | $105,104 | $21,859 | $83,245 |
| 2020 | $8,381 | $102,741 | $21,368 | $81,373 |
| 2019 | $8,127 | $97,533 | $20,285 | $77,248 |
| 2018 | $8,024 | $93,031 | $19,883 | $73,148 |
| 2017 | $7,703 | $87,027 | $18,600 | $68,427 |
| 2016 | $7,556 | $80,839 | $18,522 | $62,317 |
| 2015 | -- | $75,749 | $17,356 | $58,393 |
| 2014 | -- | $73,174 | $16,877 | $56,297 |
| 2013 | -- | $75,414 | $17,394 | $58,020 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Michael Herrick
Redfin Corporation
(224) 699-5002
-
Naomi Campbell
Buyer's Agent in 2021
Naomi Campbell
Coldwell Banker Realty
(847) 370-5065
183 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11252298
APN: 03-02-153-006
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