NOT LISTED FOR SALE

761 Lake Cornish Way Algonquin, IL 60102

Estimated Value: $459,000 - $485,000

4 Beds
4 Baths
2,422 Sq Ft
$194/Sq Ft Est. Value

Last Sold June 19, 2018

Last sale price $306,500 $127 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,291/month

83 Days on Market

Highlights

  • Home Theater
  • Contemporary Architecture
  • Vaulted Ceiling
  • Algonquin Lakes Elementary School Rated A-
  • Recreation Room
  • 3-minute walk to Algonquin Lakes Park

About This Home

As of June 2018

This fully updated, move in ready home is located a just short drive from Route 62 Shopping and Restaurants and across from Algonquin Lakes Elementary school. The main level features a dramatic two story entry, gourmet eat-in kitchen with 42" cabinets and granite counters, bright, sun filled family room, spacious dining room and large den/office with custom built in book cases. The second level features the large master suite with tray ceiling, private full bath and his/hers closets, 3 spacious bedrooms with an additional full bath. The finished basement is perfect for entertaining with its custom wet bar/pub, separate home theater, 2nd half bath and plenty of additional storage space. The backyard is an oasis featuring a stamped concrete patio, retaining wall with built in electric lamps and natural gas connections for a fire pit and grill.

Last Agent to Sell the Property

Jim Talerico

Redfin Corporation License #475165353 Listed on: 02/15/2018

Redfin Corporation

Last Buyer's Agent

Kristina Betancourt

Compass License #475159392

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,561

Year Built

  • 2003

Lot Details

  • 9,583

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Entrance Foyer
  • Dining Area
  • Home Theater
  • Workroom
  • Recreation Room
  • Bonus Room
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Stamped Concrete Patio
  • East or West Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,561

Year Built

2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.2
  • Total Sq Ft: 2422
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 2003
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 13
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop
  • Equipment: TV-Cable, CO Detectors, Ceiling Fan, Sump Pump, Backup Sump Pump;
  • Attic: Unfinished
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 11X7, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Pantry-Butler, Pantry-Closet
  • Additional Rooms: Eating Area, Bonus, Workroom, Theatre Room, Foyer, Recreation Room
  • Master Bedroom: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Eating Area, Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Bonus, Dimensions: 20X12, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Work Rm, Dimensions: 14X12, On Level: Basement, Flooring: Other
  • Bedroom 3: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Theater Rm, Dimensions: 17X16, On Level: Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Foyer, Dimensions: 11X7, On Level: Main Level, Flooring: Hardwood
  • Additional Room 6 Name: Recreation Rm, Dimensions: 13X11, On Level: Basement, Flooring: Hardwood
  • Additional Room 7 Name: Bar, Dimensions: 11X13, On Level: Basement, Flooring: Wood Laminate
  • Estimated Sq Ft: 2422
  • Estimated Total Finished Sq Ft: 3222
  • Basement Sq Ft: 1251
  • Basement Finished Sq Ft: 800
  • Upper Level Sq Ft: 2422
  • Dining Room Type: Separate
  • Family Room: Dimensions: 17X16, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Stamped Concrete Patio, Storms/Screens
  • Exposure: W (West)
  • Acreage: 0.2224

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 300
  • Elementary School: ALGONQUIN LAKE ELEMENTARY SCHOOL
  • Middle School: ALGONQUIN MIDDLE SCHOOL
  • High School: DUNDEE-CROWN HIGH SCHOOL
  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: 126X87X120X71
  • Parcel Identification Number: 0302151012

Tax Info

  • Taxes: 7309.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2018
Closed on
Jun 19, 2018
Sold by
Combetto Jorge O
Bought by
Labalestra Mario
Seller's Agent
Jim Talerico
Redfin Corporation
Buyer's Agent
Kristina Betancourt
Compass
List Price
$314,995
Sold Price
$306,500
Premium/Discount to List
-$8,495
-2.7%
Current Estimated Value
$470,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,849
Avg. Annual Appreciation
6.03%
Original Mortgage
$260,525
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2003
Sold by
Realen Homes Lp
Bought by
Combetto Jorge O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Labalestra Mario $306,500 Landtrust National Title
Combetto Jorge O $305,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labalestra Mario $260,525
Previous Owner Combetto Jorge O $188,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2018 06/19/18 Sold $306,500 -2.7% $127 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $314,995 -- $130 / 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 $9,561 $133,750 $25,730 $108,020
2023 $9,144 $120,344 $23,151 $97,193
2022 $8,990 $113,579 $23,151 $90,428
2021 $8,730 $107,241 $21,859 $85,382
2020 $8,562 $104,830 $21,368 $83,462
2019 $8,303 $99,516 $20,285 $79,231
2018 $7,755 $90,108 $19,883 $70,225
2017 $7,443 $84,292 $18,600 $65,692
2016 $7,309 $78,391 $18,522 $59,869
2015 -- $73,455 $17,356 $56,099
2014 -- $70,163 $16,877 $53,286
2013 -- $72,311 $17,394 $54,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09857980

Midwest Real Estate Data (MRED)

APN: 03-02-151-012