NOT LISTED FOR SALE

Estimated Value: $633,000 - $794,000

5 Beds
4 Baths
3,440 Sq Ft
$207/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $513,000 $149 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,997/month

76 Days on Market

Highlights

  • Second Kitchen
  • Home Theater
  • Landscaped Professionally
  • Mackeben Elementary School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of June 2016

Prepare to be dazzled! This home screams luxury as it sits nestled on a premium half acre lot in one of Algonquin's most sought after areas. Walk-in to the grand 2-story foyer, formal living & dining room. Follow the Brazilian teak floors & custom millwork to the reconfigured living area made up of gourmet kitchen, breakfast room, walk-in pantry w/ coffee bar, family room & playroom. Kitchen prof designed w/ custom built cabinets, granite counters, travertine backsplash, 2 ovens, breakfast bar & large eating area w/ butler pantry. Family rm w/ 2-story travertine gas start fireplace. Upstairs--4 spacious bedrms w/ huge closets, Jack & Jill Bathrm, master suite w/cathedral ceilings & full luxury bath. Updated bathrms w/ custom cabinetry & Carrera marble counters. Lower level walkout w/ rec room, media room, large 5th bedroom & full 2nd kitchen w/ custom wine pantry. Jaw-dropping fenced backyard w/ self-cleaning in-ground pool w/ auto cover,paver patio & the feeling you are in a resort!

Last Agent to Sell the Property

Megan Campbell Barnitz

@properties Christie's International Real Estate License #471008386 Listed on: 02/11/2016

@properties Christie's International Real Estate

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,384

Year Built

  • 2001

Lot Details

  • Cul-De-Sac
  • Fenced Yard
  • Landscaped Professionally

HOA Fees

  • $15 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

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

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Breakfast Room
  • Dining Area
  • Home Theater
  • Recreation Room
  • Play Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Bar Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • In Ground Pool
  • Deck
  • Stamped Concrete Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,384

Year Built

2001

Lot Details

0

HOA Fees

$15 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 11-15 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2001
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, In-Law Arrangement, 1st Floor Laundry
  • Number Of Rooms: 15
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal
  • Equipment: Water-Softener Owned, TV-Cable, Intercom, Ceiling Fan, Sump Pump, Air Cleaner
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 5X9, On Level: Main Level, Flooring: Hardwood
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Walk-in
  • Additional Rooms: 2nd Kitchen, 5th Bedroom, Breakfast Room, Eating Area, Media Room, Pantry, Play Room, Recreation Room, Screened Porch
  • Master Bedroom: Dimensions: 20X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Recreation Rm, Dimensions: 28X17, On Level: Walkout Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: 5th Bdrm, Dimensions: 15X11, On Level: Walkout Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: 2nd Kitchen, Dimensions: 11X21, On Level: Walkout Basement, Flooring: Ceramic Tile
  • Bedroom 4: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Media Rm, Dimensions: 18X12, On Level: Walkout Basement, Flooring: Carpet
  • Additional Room 6 Name: Pantry, Dimensions: 5X9, On Level: Main Level, Flooring: Hardwood
  • Additional Room 7 Name: Breakfast Rm, Dimensions: 12X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 8 Name: Eating Area, Dimensions: 11X17, On Level: Walkout Basement, Flooring: Ceramic Tile
  • Additional Room 9 Name: Playroom, Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 10 Name: Screened Porch, Dimensions: 15X12, On Level: Main Level, Flooring: Other
  • Estimated Sq Ft: 3440
  • Dining Room Type: Separate
  • Family Room: Dimensions: 18X17, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio, Porch Screened, Stamped Concrete Patio, Brick Paver Patio, Pool In-Ground
  • Acreage: 0.43

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Zoned

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 175
  • Management Contact Name: Cove
  • Management Phone: 815-459-9187

Fee Information

  • Management Company: Cove II Property Owners Association

Schools

  • School District: 158
  • Elementary School: MACKEBEN ELEMENTARY SCHOOL
  • Middle School: HEINEMAN MIDDLE SCHOOL
  • High School: HUNTLEY HIGH SCHOOL
  • Junior High Dist: 158

Lot Info

  • Lot Dimensions: 152X123X115X151X56
  • Lot Description: Cul-de-sac, Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 1836428006

Tax Info

  • Taxes: 11703

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2016
Closed on
Jun 29, 2016
Sold by
Krause Kevin C and Krause Kendra L
Bought by
Newman Dennis and Newman Kimberrly
Seller's Agent
Megan Campbell Barnitz
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$569,900
Sold Price
$513,000
Premium/Discount to List
-$56,900
-9.98%
Current Estimated Value
$713,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,615
Avg. Annual Appreciation
2.94%
Original Mortgage
$412,000
Outstanding Balance
$187,262
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$483,225

Purchase Details

Closed on
Jul 27, 2009
Sold by
Borders Mark A and Borders Kimberly B
Bought by
Krause Kevin C and Krause Kendra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,960
Interest Rate
5.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 15, 2008
Sold by
Chicago Title Land Trust Co
Bought by
Borders Mark A and Borders Kimberly B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 12, 2004
Sold by
Borders Mark A and Borders Kimberly B
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Mar 3, 2003
Sold by
Lasalle Bank Na
Bought by
Borders Mark A and Borders Kimberly B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2001
Sold by
Par Development Inc
Bought by
Borders Mark and Borders Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
7.13%
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
Newman Dennis $515,000 Baird & Warner Title Service
Krause Kevin C $530,000 Multiple
Borders Mark A -- Chicago Title Land Trust Co
Lasalle Bank Na -- --
Borders Mark A -- --
Borders Mark $423,202 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Dennis $412,000
Previous Owner Krause Kevin C $20,960
Previous Owner Krause Kevin C $417,000
Previous Owner Borders Mark A $184,000
Previous Owner Borders Mark $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $513,000 -6.7% $149 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/06/2016 04/06/16 Price Changed $549,900 -3.5% $160 / Sq Ft
02/11/2016 02/11/16 For Sale $569,900 -- $166 / 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
2024 $14,384 $203,506 $17,702 $185,804
2023 $13,994 $182,812 $15,902 $166,910
2022 $13,270 $166,465 $14,480 $151,985
2021 $12,837 $156,776 $13,637 $143,139
2020 $12,652 $152,595 $13,273 $139,322
2019 $12,326 $148,699 $12,934 $135,765
2018 $13,116 $154,310 $14,556 $139,754
2017 $12,983 $145,425 $13,718 $131,707
2016 $12,674 $138,263 $13,042 $125,221
2013 -- $128,033 $20,206 $107,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09137267

Midwest Real Estate Data (MRED)

APN: 18-36-428-006