NOT LISTED FOR SALE

751 Lake Cornish Way Algonquin, IL 60102

Estimated Value: $483,000 - $499,000

4 Beds
2.5 Baths
3,065 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $415,000 $135 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,557/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Landscaped Professionally
  • Vaulted Ceiling
  • Algonquin Lakes Elementary School Rated A-
  • Property is near a park
  • 3-minute walk to Algonquin Lakes Park

About This Home

As of June 2022

$16,000 TOTAL PRICE CUT! BIG HOME and BEST VALUE with much NEW! NEWER KITCHEN GRANITE COUNTERTOPS and FLOOR. UPDATED STYLISH LIGHTING. FRESH PAINT, NEWER CARPETS and MOVE-IN READY FOR YOU! SPACIOUS DEVONSHIRE MODEL with 3,065 square feet, 4 LARGE BEDROOMS, 2 1/2 BATHS, 1st floor DEN/OFFICE, and BIG 3 CAR GARAGE with storage shelves in ALGONQUIN LAKES. Amazing two-story family room with BEAUTIFUL STACKED STONE FIREPLACE and second floor overlook, ceiling fan, and HARDWOOD FLOORS. MASTER BEDROOM SUITE with tray ceiling, UPGRADED EN SUITE LUXURY BATH with DOUBLE SINKS, SOAKING TUB, SEPARATE SHOWER and 2 BIG WALK-IN CLOSETS. Desired Jack and Jill full bathroom with two sinks. 9' CEILINGS on 1ST floor. LARGE ISLAND KITCHEN with walk-in PANTRY, NEW gas cooktop (2021), newer 2018 high-end SAMSUNG STAINLESS STEEL REFRIGERATOR, and EAT-IN BREAKFAST AREA. Huge full basement (no crawl space) with tons of space to finish to your liking. NEW ROOF (October 2021). NEW FURNACE (2020). NEW CENTRAL AIR CONDITIONER (2020). NEW WASHER (2020). Newer water heater (2018). MOVE-IN READY WITH ALL APPLIANCES AND WINDOW BLINDS INCLUDED (CURTAINS AND RODS NOT INCLUDED SINCE TENANT OWNED). PAVER PATIO to enjoy outside. Walk to Algonquin Lakes Elementary School and parks/playground. Close to Downtown Algonquin, Route 59 and Interstate 90. ALL APPLIANCES and window blinds stay - INQUIRE NOW TO MAKE THIS YOUR PERFECT NEW HOME! ***Note: Home is currently month to month tenant occupied and photos were taken before tenant moved in. Safety Note: PLEASE WEAR MASKS. AGENTS AND/OR PROSPECTIVE BUYERS EXPOSED TO COVID-19 OR WITH A COUGH OR FEVER ARE NOT TO ENTER THE HOME UNTIL THEY RECEIVE MEDICAL CLEARANCE.

Last Listed By

John Stich

Worth Clark Realty License #475171150 Listed on: 04/21/2022

Worth Clark Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,858

Year Built

  • Built in 2003 | Remodeled in 2019

Lot Details

  • 0.25 Acre Lot
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,065 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Wood Flooring
  • Unfinished Attic

Kitchen

  • Built-In Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Cable TV Available

Additional Features

  • Brick Porch or Patio
  • Property is near a park

Community Details

  • Algonquin Lakes Subdivision, Devonshire Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,858

Year Built

Built in 2003 | Remodeled in 2019

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Algonquin Lakes
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Built-In Oven
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry, Built-in Features, Walk-In Closet(s)
  • LivingArea: 3065
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Foyer, Breakfast Room, Walk In Closet, Den
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Porch, Brick Paver Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 419000
  • Lot Features: Landscaped, Park Adjacent
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway
  • ParkingTotal: 3
  • Number of Cars: 6
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Algonquin Lake Elementary School
  • High School: Dundee-Crown High School
  • Middle/Junior School: Algonquin Middle School
  • Middle/Junior School District: 300

Lot Info

  • Lot Size Acres: 0.2514
  • Lot Dimensions: 11326
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8858.38
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 25, 2022
Sold by
Parag A Patel Revocable Living Trust
Bought by
Durante Jeffrey M and Baker Nilson L
Seller's Agent
John Stich
Worth Clark Realty
Buyer's Agent
Bob Wisdom
RE/MAX Horizon
List Price
$429,000
Sold Price
$415,000
Premium/Discount to List
-$14,000
-3.26%
Total Days on Market
9
Current Estimated Value
$491,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,274
Avg. Annual Appreciation
6.18%
Original Mortgage
$332,000
Outstanding Balance
$318,382
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$176,641

Purchase Details

Closed on
Aug 7, 2015
Sold by
Patel Parag A and Patel Mittal P
Bought by
Patel Parag A and The Parag A Patel Revocable Living Trust

Purchase Details

Closed on
Apr 24, 2003
Sold by
Realen Homes Lp
Bought by
Patel Parag A and Patel Mittal P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,260
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Durante Jeffrey M $415,000 Haught Thomas E
Patel Parag A -- Attorney
Patel Parag A $327,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durante Jeffrey M $332,000
Previous Owner Patel Parag A $100,000
Previous Owner Patel Parag E $84,300
Previous Owner Patel Parag A $50,700
Previous Owner Patel Parag A $32,000
Previous Owner Patel Parag A $260,000
Previous Owner Patel Parag A $261,260
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 Sold $415,000 -1.0% $135 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/28/2022 04/28/22 Price Changed $419,000 -2.3% $137 / Sq Ft
04/21/2022 04/21/22 For Sale $429,000 0.0% $140 / Sq Ft
10/01/2019 10/01/19 Rented $2,350 0.0% --
09/10/2019 09/10/19 Under Contract -- -- --
08/27/2019 08/27/19 Price Changed $2,350 -1.9% $1 / Sq Ft
08/23/2019 08/23/19 Price Changed $2,395 -2.2% $1 / Sq Ft
08/16/2019 08/16/19 Price Changed $2,450 -2.0% $1 / Sq Ft
08/13/2019 08/13/19 For Rent $2,500 -- --
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 $9,838 $128,881 $23,151 $105,730
2022 $9,301 $117,289 $23,151 $94,138
2021 $9,032 $110,744 $21,859 $88,885
2020 $8,858 $108,255 $21,368 $86,887
2019 $8,592 $102,767 $20,285 $82,482
2018 $9,017 $103,794 $19,883 $83,911
2017 $8,661 $97,095 $18,600 $78,495
2016 $9,110 $96,228 $18,522 $77,706
2015 -- $90,169 $17,356 $72,813
2014 -- $85,108 $16,877 $68,231
2013 -- $87,713 $17,394 $70,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11381792

Midwest Real Estate Data (MRED)

APN: 03-02-151-013