NOT LISTED FOR SALE

601 Lake Cornish Way Algonquin, IL 60102

Estimated Value: $498,693 - $540,000

4 Beds
4 Baths
3,200 Sq Ft
$162/Sq Ft Est. Value

About This Home

This home is located at 601 Lake Cornish Way, Algonquin, IL 60102 and is currently estimated at $516,923, approximately $161 per square foot. 601 Lake Cornish Way is a home located in Kane County with nearby schools including Algonquin Lakes Elementary School, Algonquin Middle School, and Dundee-Crown High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2010
Sold by
Madden John L and Madden Rebecca Y
Bought by
Erdner Michael and Erdner Luann M
Current Estimated Value
$516,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2005
Sold by
Fermanis Edward M and Fermanis Lisa M
Bought by
Madden John L and Madden Rebecca Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2001
Sold by
Realen Homes Lp
Bought by
Fermanis Edward M and Fermanis 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
$225,000
Interest Rate
6.52%
Mortgage Type
Balloon

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Erdner Michael $310,000 Fort Dearborn Land Title
Madden John L $425,000 Baird & Warner Title Service
Fermanis Edward M $338,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erdner Michael $262,800
Closed Erdner Michael $248,000
Previous Owner Madden John L $272,000
Previous Owner Madden J L $33,700
Previous Owner Madden John L $50,000
Previous Owner Madden John L $300,000
Previous Owner Fermanis Edward M $224,000
Previous Owner Fermanis Edward M $225,000
Source: Public Records

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 $10,032 $131,257 $23,151 $108,106
2022 $9,257 $116,765 $23,151 $93,614
2021 $8,989 $110,249 $21,859 $88,390
2020 $8,816 $107,771 $21,368 $86,403
2019 $8,551 $102,308 $20,285 $82,023
2018 $9,035 $103,996 $19,883 $84,113
2017 $8,679 $97,284 $18,600 $78,684
2016 $9,142 $96,546 $18,522 $78,024
2015 -- $90,467 $17,356 $73,111
2014 -- $83,667 $16,877 $66,790
2013 -- $86,228 $17,394 $68,834
Source: Public Records

Map

Illinois Kane County Algonquin 60102

601 Lake Cornish Way, Algonquin, IL

Homes for Sale in Algonquin, IL

This home is located at 601 Lake Cornish Way, Algonquin, IL 60102 and is currently estimated at $516,923, approximately $161 per square foot. 601 Lake Cornish Way is a home located in Kane County with nearby schools including Algonquin Lakes Elementary School, Algonquin Middle School, and Dundee-Crown High School.

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