NOT LISTED FOR SALE

705 N River Rd Algonquin, IL 60102

Estimated Value: $606,000 - $774,788

6 Beds
4 Baths
3,300 Sq Ft
$205/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $465,000 $141 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,587/month

8 Days on Market

Highlights

  • Property fronts a lake that is connected to a chain of lakes
  • Boat Slip
  • Recreation Room
  • Eastview Elementary School Rated A
  • Rooftop Deck
  • Wooded Lot

About This Home

As of November 2023

Absolutely the very BEST location on the Fox River! Bring the boat and jet skies!!! This home overlooks the No-wake zone on the Fox. Boats gently cruise by not 1 but 2 double sided piers for the toys. There is a park like sitting area with a fire pit all on the river just above the piers and water. In 2000 the Sellers did a major addition to the home- the 3++ car garage has tons of extra space for water toys and equipment..even room for a 4th small car or motorcycle. The addition included a full bath just behind the garage in the basement area. No need to track through the main house to use the bathroom when living the river front lifestyle. The addition also included a beautiful family room above the garage. Sky lights, walls of windows and french doors open onto the maintenance free upper roof top deck all overlooking the Fox. The deck is a perfect place to view all the river activity and watch Founder Days fireworks. And that's just the beginning! There is a 2nd floor living quarters that has both inside and outside access. The apartment includes 2 spacious bedrooms, a kitchen, family room and full bath. The interior entrance is in the main house foyer. The exterior entrance is in back with an outside staircase that goes up to a deck and sliding glass door entrance. The main residence has 4 bedrooms including the master suite with private bath and a full hall bath. There is a formal living room with a separate dining room. The kitchen has granite counters and a huge eat-in area with room for desks and couches. There are 2 sliding glass doors to the fenced back yard with a patio and storage shed. The back yard is very very private. This is the home for YOU if looking for a water front setting.

Last Agent to Sell the Property

Susan Wolfgarth

RE/MAX Suburban License #475097786 Listed on: 08/25/2023

RE/MAX Suburban

Last Buyer's Agent

Joanna Wieclaw

arhome realty License #475155331

arhome realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,175

Lot Details

  • Lot Dimensions are 100x237x80x190
  • Property fronts a lake that is connected to a chain of lakes
  • River Front
  • Fenced Yard
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Breakfast Room
  • Recreation Room
  • Storage Room
  • Water Views
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Basement Storage

Outdoor Features

  • Tideland Water Rights
  • Boat Slip
  • Balcony
  • Rooftop Deck
  • Patio
  • Shed

Schools

  • Eastview Elementary School
  • Algonquin Middle School
  • Dundee-Crown High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,175

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Water Softener Owned
  • Basement: Partial
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • LivingArea: 3300
  • Other Equipment: Water-Softener Owned, CO Detectors, Ceiling Fan(s)
  • Room Type: Bedroom 5, Bedroom 6, Breakfast Room, Recreation Room, Kitchen, Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished,Exterior Access,Storage Space
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Square Footage Comments: Main 1st floor approximately 2528 sq ft. Garage is approx. 1020 sq ft. 2nd floor living quarters approx. 695 sq ft. Per appraisers.
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Roof Deck, Boat Slip
  • Lot Features: Chain of Lakes Frontage, Fenced Yard, River Front, Water Rights, Water View, Wooded
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • 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: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Water Rights
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Eastview Elementary School
  • High School: Dundee-Crown High School
  • Middle/Junior School: Algonquin Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 100X237X80X190
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 10174.72
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Nov 14, 2023
Sold by
Paulette Ryg Living Trust
Bought by
Feffer Gary
Seller's Agent
Susan Wolfgarth
RE/MAX Suburban
Buyer's Agent
Joanna Wieclaw
arhome realty
List Price
$550,000
Sold Price
$465,000
Premium/Discount to List
-$85,000
-15.45%
Views
34
Current Estimated Value
$675,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,447
Avg. Annual Appreciation
19.76%
Original Mortgage
$362,500
Outstanding Balance
$356,164
Interest Rate
7.49%
Mortgage Type
Construction
Estimated Equity
$319,283

Purchase Details

Closed on
Feb 7, 2007
Sold by
Ryg Gary J and Ryg Paulette
Bought by
Ryg Paulette and Paulette Ryg Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Feffer Gary $465,000 None Listed On Document
Ryg Paulette -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feffer Gary $362,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2023 11/14/23 Sold $465,000 -15.5% $141 / Sq Ft
09/03/2023 09/03/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $550,000 -- $167 / 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 $12,407 $158,597 $40,082 $118,515
2023 $10,535 $141,845 $35,848 $105,997
2022 $10,175 $129,643 $40,975 $88,668
2021 $9,741 $120,778 $38,173 $82,605
2020 $9,473 $116,503 $36,822 $79,681
2019 $9,229 $111,507 $35,243 $76,264
2018 $8,770 $103,009 $32,557 $70,452
2017 $8,669 $97,041 $30,671 $66,370
2016 $8,414 $91,016 $28,767 $62,249
2013 -- $92,578 $39,726 $52,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11866955

Midwest Real Estate Data (MRED)

APN: 19-27-476-002