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Algonquin 60102 Spring Creek Farms
1000 Tanglewood Drive
$259,900
● House - Off Market

1000 Tanglewood Drive

Algonquin, IL 60102
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$300,384
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

NICE 2 STORY IN CINNAMON CREEK, OFFERS 3 BEDROOMS.  FULL FINISHED BASEMENT WITH FAMILY ROOM AND SPERATE PLAY ROOM / HOME OFFICE AREA.    LARGE DECK, FULLY FENCED YARD .    THIS IS A CHEERFUL HOME FOR YOUR FAMILY IN A DESIRABLE NEIGHBORHOOD.  VACANT, QUICK CLOSE IS OK!
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
1982

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11122642)

Price History

Date / Event Date Event Price
Jul 7, 2021 Sold
Premium
Sold
Jun 14, 2021 Listed by RE/MAX of Barrington $259,900
Listed by RE/MAX of Barrington

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 672
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,061
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,072
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING CREEK FARMS UNIT 1
  • Land Acres: 0000000231
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0037202 LT 105 SPRING CREEK FARMS UNIT 1

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871404

Geography

  • Parcel: 19-35-153-007
  • Block: 153
  • Lot: 105
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1653
  • Longitude: -88.2725

    Address

  • Full Address: 1000 Tanglewood Dr
  • Legal Unit: 1
  • Address - House Number: 1000
  • Address - Street Name: Tanglewood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C009
  • 4-Digit Zip Code: 3979
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $571,096
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1673
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 311,365
  • High Value: 363,467
  • Low Value: 259,264

    Market Valuation

  • Market Total Value: $217,779
  • Market Land Value: $62,298
  • Market Improvement Value: $155,481

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,593
  • Assessed Land Value: $20,766
  • Assessed Improvements Value: $51,827

    Sales

  • Current Sale Contract Date: Jul 06, 2021
  • Current Sale Recording Date: Jul 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0037202
  • Previous Sale Recording Date: Sep 19, 2003
  • Previous Sale Contract Date: Sep 02, 2003
  • Previous Sale Amount: $209,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Spring Creek Farms

Stats & Trends

Median Asking:

$392,495

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

36

Average Home Size

1865 ft²

Average Home Age

27.9 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1562 N Harrison Street, Algonquin, IL, 60102

$2,850 /mo

  • 3 Beds
  • 2 Baths
  • 2,220 ft²
1562 N Harrison Street, Algonquin, IL, 60102 Listing by Jack Domanski

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Anthony Bellino, RE/MAX of Barrington
Last Updated: 3 years ago
Data Source: MRED, MLS# 11122642
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1000 Tanglewood Drive built and last sold?
The property at 1000 Tanglewood Drive was built in 1982 and last sold on Jul 6, 2021 for $260,000.
How much is this home worth?
The estimated value of the home located at 1000 Tanglewood Drive is $262,499.
What are some comparable homes to 1000 Tanglewood Drive?
There are currently no comparable homes to 1000 Tanglewood Drive.
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