NOT LISTED FOR SALE

581 Lake Cornish Way Unit 3B Algonquin, IL 60102

Estimated Value: $437,000 - $478,806

4 Beds
3 Baths
2,471 Sq Ft
$184/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $355,000 $144 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,303/month

16 Days on Market

Highlights

  • Family Room with Fireplace
  • Formal Dining Room
  • Soaking Tub
  • Algonquin Lakes Elementary School Rated A-
  • Attached Garage
  • Heated Garage

About This Home

As of November 2021

***Highest and Best due by Monday (10/4) at 12pm please. ***. Great family-friendly home and location in Algonquin Lakes, with a neighborhood park/playground, very near Algonquin Lakes Elementary School, Quarry View Disc Golf course, and Algonquin Lakes Park. The home is close to downtown Algonquin, shopping and restaurants. The home's 2-story foyer leads to a bright and airy open floor plan. Separate dining room. Living room opens to the family room and spacious kitchen, with center island, eating area space, stainless steel appliances, pantry, butler's pantry, and loads of cabinets! The laundry/mud room is located off the 3 car heated garage. Upstairs are 4 large bedrooms, including the master suite with private large walk-in shower, soaking tub and double sink vanity. The fenced back yard features a large brick paver patio with fire pit and lovely shade tree. For additional storage space, there's a separate, fully electric, 9.6'X10' locked shed. The expansive, full basement already has wall to wall carpeting and is ready for your finishing design. Move-in ready for you!

Last Listed By

Dean Tubekis

Coldwell Banker Realty License #475137834 Listed on: 09/17/2021

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,241

Year Built

  • 2001

Lot Details

  • 10,454

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Aluminum Siding

Interior Spaces

  • 2,471 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,241

Year Built

2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • 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
  • Co List Office Mls Id: MRD24988
  • Co List Office Phone: (847) 382-3600
  • Directions: Algonquin Rd. to Sandbloom; South to Compton; East to Lake Cornish Way; South to home.
  • Lot Size: 73.9 X 140.2 X 75.8 X 151.6
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Algonquin Lakes
  • Special Features: None
  • Year Built: 2001

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 2471
  • Assessed Sq Ft: 2408
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2471
  • Basement Sq Ft: 1152
  • Fireplace Location: Family Room
  • Square Footage Comments: *Sq. Ft. estimates by level taken from floor plans (see photos).Above Grade Square Feet 2408
  • Total Sq Ft: 3623
  • Unfinished Basement Sq Ft: 1152
  • Upper Level Sq Ft: 1133
  • Main Level Sq Ft: 1338
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: First Floor Laundry, Open Floorplan, Separate Dining Room
  • Dining Room Type: Eating Area

Exterior Features

  • Exterior Features: Brick Paver Patio, Fire Pit
  • Exterior Building Type: Aluminum Siding
  • Lot Features: Fenced Yard
  • Other Structures: Shed(s)
  • Waterfront: No

Garage/Parking

  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Algonquin Lake Elementary School
  • High School: Dundee-Crown High School
  • Junior High Dist: 300
  • Middle Or Junior School: Algonquin Middle School

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

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

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 8510.12
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Shostak Nataliia and Shostak Andrii
Bought by
Shostak Nataliia
Total Days on Market
16
Current Estimated Value
$454,702

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 16, 2021
Sold by
Erlandson Jeffrey A and Erlandson Samantha K
Bought by
Shostak Natalia and Shostak Andrii
Seller's Agent
Dean Tubekis
Coldwell Banker Realty
Buyer's Agent
Aleks Yakovenko
Coldwell Banker Realty
Sold Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$301,750
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2019
Closed on
Oct 14, 2019
Sold by
Montavon Travis and Montavon Crystal
Bought by
Erlandson Jeffrey A and Erlandson Samantha K
Seller's Agent
Dominick Martelli
RE/MAX Suburban
Buyer's Agent
Dean Tubekis
Coldwell Banker Realty
List Price
$304,900
Sold Price
$285,000
Premium/Discount to List
-$19,900
-6.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%
Original Mortgage
$242,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2017
Sold by
Abbinate Antoniette M
Bought by
Montavon Travis and Montavon Cryatla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,405
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2008
Sold by
Vance Christopher S
Bought by
Abbinante Antoinette M

Purchase Details

Closed on
Nov 6, 2001
Sold by
Realen Homes Lp
Bought by
Vance Christopher S and Abbinante Antoinette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.68%

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
Shostak Nataliia -- None Listed On Document
Shostak Natalia $345,000 American Natl Ttl Svcs Inc
Erlandson Jeffrey A $285,000 Ct
Montavon Travis $285,000 Chicago Title
Abbinante Antoinette M -- None Available
Vance Christopher S $285,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shostak Natalia $301,750
Previous Owner Erlandson Jeffrey A $242,250
Previous Owner Montavon Travis $294,405
Previous Owner Abbinante Antoinette M $133,000
Previous Owner Abbinante Antoinette M $40,000
Previous Owner Abbinante Antoinette M $158,000
Previous Owner Vance Christopher S $178,000
Previous Owner Abbinante Antoinette M $178,000
Previous Owner Vance Christopher S $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $355,000 +4.7% $144 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
10/01/2021 10/01/21 For Sale -- -- --
09/19/2021 09/19/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $339,000 +18.9% $137 / Sq Ft
10/24/2019 10/24/19 Sold $285,000 -3.4% $119 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/05/2019 09/05/19 Price Changed $294,900 -1.7% $123 / Sq Ft
08/09/2019 08/09/19 Price Changed $300,000 -1.6% $125 / Sq Ft
07/23/2019 07/23/19 For Sale $304,900 -- $127 / Sq Ft
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
2023 $9,241 $121,538 $23,151 $98,387
2022 $8,937 $112,934 $23,151 $89,783
2021 $8,677 $106,632 $21,859 $84,773
2020 $8,510 $104,235 $21,368 $82,867
2019 $8,253 $98,951 $20,285 $78,666
2018 $7,937 $92,085 $19,883 $72,202
2017 $7,619 $86,142 $18,600 $67,542
2016 $7,476 $80,046 $18,522 $61,524
2015 -- $75,006 $17,356 $57,650
2014 -- $70,613 $16,877 $53,736
2013 -- $72,775 $17,394 $55,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11222056

Midwest Real Estate Data (MRED)

APN: 03-02-153-009