NOT LISTED FOR SALE

700 Fairfield Ln Algonquin, IL 60102

High Hill Farms Neighborhood

Estimated Value: $562,938

4 Beds
2.5 Baths
2,772 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: July 5, 2023

Last sale price $337,050 $122 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,822 / mo

162 Days on Market

Highlights

  • 2 Car Attached Garage
  • Living Room
  • Forced Air Heating and Cooling System
  • Kenneth E Neubert Elementary School Rated A-
  • Laundry Room
  • Dining Room

About This Home

As of July 2023

Great opportunity on this spacious two story home with attached 2 car garage. It offers approximately 2,772 square feet of living space with 4 bedrooms and 2.1 bathrooms. Good floor plan. Basement. Built in 1990 enhancements and updates are needed to make this home move in but has a lot of potential. Possible mold in basement reported. REO Auction property.

Last Agent to Sell the Property

Val Laborevitch

Realhome Services & Solutions, Inc. License #471019467 Listed on: 10/11/2022

Last Buyer's Agent

Anna Pikula

Landmark Realtors License #475141850

Landmark Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,807

Year Built

  • Built in 1990

Lot Details

  • 10,280

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,772 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,807

Year Built

Built in 1990

Lot Details

10,280 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1990
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • LivingArea: 2772
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 10286
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8806.82
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
May 23, 2023
Sold by
Wells Fargo Bank National Association
Bought by
Busuioc Alexandru
Seller's Agent
Val Laborevitch
Realhome Services & Solutions, Inc.
Buyer's Agent
Anna Pikula
Landmark Realtors
List Price
$302,100
Sold Price
$337,050
Premium/Discount to List
$34,950
11.57%
Views
69
Current Estimated Value
$562,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,888
Avg. Annual Appreciation
20.18%
Original Mortgage
$308,653
Outstanding Balance
$299,595
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$263,343

Purchase Details

Closed on
Feb 15, 2022
Sold by
Intercounty Judicial Sales Corporation
Bought by
Structured Asset Securities Corporation Mortg
Source: Public Records
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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
Busuioc Alexandru $337,500 None Listed On Document
Structured Asset Securities Corporation Mortg -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busuioc Alexandru $308,653
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2023 07/05/23 Sold $337,050 +11.6% $122 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/23/2023 03/23/23 Price Changed $302,100 0.0% $109 / Sq Ft
03/02/2023 03/02/23 For Sale $302,100 0.0% $109 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
10/20/2022 10/20/22 Price Changed $302,100 0.0% $109 / Sq Ft
10/11/2022 10/11/22 For Sale $302,100 -- $109 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $10,043 $128,378 $23,429 $104,949
2023 $9,612 $114,818 $20,954 $93,864
2022 $10,149 $118,343 $21,044 $97,299
2021 $8,807 $110,251 $19,605 $90,646
2020 $8,382 $106,348 $18,911 $87,437
2019 $8,153 $101,788 $18,100 $83,688
2018 $7,724 $94,031 $16,721 $77,310
2017 $7,726 $88,583 $15,752 $72,831
2016 $7,580 $83,083 $14,774 $68,309
2013 -- $80,028 $13,783 $66,245
Source: Public Records

Agents Affiliated with this Home

  • Val Laborevitch

    Seller's Agent in 2023

    Val Laborevitch

    Realhome Services & Solutions, Inc.

    (847) 830-1129

    1 in this area

    681 Total Sales

    Val Laborevitch
    Section Image

  • A

    Buyer's Agent in 2023

    Anna Pikula

    Landmark Realtors

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11650339

Midwest Real Estate Data (MRED)

APN: 19-32-227-008

Illinois McHenry County Algonquin 60102 High Hill Farms

700 Fairfield Ln, Algonquin, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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