NOT LISTED FOR SALE

561 Lake Cornish Way Algonquin, IL 60102

Estimated Value: $473,000 - $542,372

4 Beds
5 Baths
-- Sq Ft
10,106 Sq Ft Lot

Last Sold April 04, 2018

Last sale price $281,500

Est. 83% increase in value since last sale

Current estimated payment $3,606/month

50 Days on Market

Highlights

  • Home Theater
  • Contemporary Architecture
  • Whirlpool Bathtub
  • Algonquin Lakes Elementary School Rated A-
  • Recreation Room
  • Den

About This Home

As of April 2018

Bank owned home in move in condition. Large home with 3 car garage beautiful finished basement. Sold as is where is taxes pro rated at 100% no survey provided.

Last Agent to Sell the Property

Frank Richier

Brokerocity Inc License #471006146 Listed on: 01/04/2018

Last Buyer's Agent

Claire Einhorn

Brokerocity Inc License #475146699

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,549

Year Built

  • 2002

Lot Details

  • 10,106

Parking

  • Attached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Wood Burning Fireplace
  • Sitting Room
  • Breakfast Room
  • Home Theater
  • Den
  • Recreation Room
  • Play Room
  • First Floor Utility Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,549

Year Built

2002

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 16-20 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 2002
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Number Of Rooms: 14
  • Living Room: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 09X07, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 12X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: Breakfast Room, Den, Media Room, Play Room, Recreation Room, Sitting Room, Utility Room-1st Floor
  • Master Bedroom: Dimensions: 19X15, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 10X15, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Den, Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 3 Name: Sitting, Dimensions: 12X15, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 4 Name: Recreation Rm, Dimensions: 23X14, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 4: Dimensions: 11X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 5 Name: Media Rm, Dimensions: 11X20, On Level: Basement, Flooring: Carpet, Windows: None
  • Additional Room 6 Name: Playroom, Dimensions: 18X20, On Level: Basement, Windows: None
  • Additional Room 7 Name: Utility Room-1st Floor, Dimensions: 10X11, On Level: Main Level
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X15, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 300
  • Elementary School: ALGONQUIN LAKE ELEMENTARY SCHOOL
  • Middle School: ALGONQUIN MIDDLE SCHOOL
  • High School: DUNDEE-CROWN HIGH SCHOOL
  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: 80 X 125
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0302153007

Tax Info

  • Taxes: 9411.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2018
Closed on
Mar 28, 2018
Sold by
The Secretary Of Veterans Affairs
Bought by
Tavolacci Leo J
Seller's Agent
Frank Richier
Brokerocity Inc
Buyer's Agent
Claire Einhorn
Brokerocity Inc
List Price
$305,000
Sold Price
$281,500
Premium/Discount to List
-$23,500
-7.7%
Current Estimated Value
$514,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,843
Avg. Annual Appreciation
8.35%
Original Mortgage
$287,552
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Sep 20, 2017
Sold by
Snow Cody R and Snow Lisa M
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Jul 15, 2008
Sold by
Whelan Andrew and Whelan Jennifer
Bought by
Snow Cody R and Snow Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,831
Interest Rate
6.36%
Mortgage Type
VA

Purchase Details

Closed on
Aug 4, 2006
Sold by
Gordon Brian D and Gordon Mary K
Bought by
Whelan Andrew and Whelan Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,960
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2001
Sold by
Realen Homes Lp
Bought by
Gordon Brian D and Gordon Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Interest Rate
6.99%
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
Tavolacci Leo J $281,500 Proper Title Llc
Secretary Of Veterans Affairs $247,947 Attorney
Snow Cody R $387,500 Stewart Title Company
Whelan Andrew $431,500 Chicago Title Insurance Co
Gordon Brian D $325,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tavolacci Leo J $287,552
Previous Owner Snow Cody R $395,831
Previous Owner Whelan Andrew $344,960
Previous Owner Gordon Brian D $167,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2018 04/04/18 Sold $281,500 -2.9% --
02/23/2018 02/23/18 Pending -- -- --
02/06/2018 02/06/18 Price Changed $289,900 -5.0% --
01/04/2018 01/04/18 For Sale $305,000 -- --
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 $10,549 $154,742 $25,730 $129,012
2023 $10,030 $139,232 $23,151 $116,081
2022 $9,322 $122,545 $23,151 $99,394
2021 $9,029 $115,707 $21,859 $93,848
2020 $8,845 $113,106 $21,368 $91,738
2019 $8,557 $107,373 $20,285 $87,088
2018 $9,835 $106,663 $19,883 $86,780
2017 $8,916 $99,779 $18,600 $81,179
2016 $9,411 $99,209 $18,522 $80,687
2015 -- $92,962 $17,356 $75,606
2014 -- $87,290 $16,877 $70,413
2013 -- $89,962 $17,394 $72,568
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09826204

Midwest Real Estate Data (MRED)

APN: 03-02-153-007