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10418 North River Road

10418 North River Road, Algonquin, IL 60102
Property in Cedar Cove
Sold Jan 11, 2005
$385,000
$359,650 by 1st New England Mortgage Corp
Mortgage Due Feb 01, 2035
Sold Apr 15, 1997
$240,000
$180,000 by Centurion Financial Group
Mortgage Due Apr 01, 2027
10418 North River Road has been categorized by the local assessors in Algonquin, IL as a residential type of property. The building on the property was first built in 1973 and is 51 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 10418 North River Road has 3,030 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 50,965 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10418 North River Road sold most recently in Jan 6, 2005 for a total of $385,000. If you work out the math, that's approximately a cost of $115.20 per sqft. Before that, the property was also sold for $240,000 in Mar 31, 1997. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $13,339 in taxes each year. 10418 North River Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $154,958. If we break it down further, the land itself was valued at $43,202. Improvements to the property, however, were assessed at a total of $111,756. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,218
  • Garage Type: Attached
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 50,965
  • Total Building Area: 3,342
  • Building Area: 3,030
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,030
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 1.17
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2005R0002628 PT SW1/4 NE FRL 1/4 MEMO: MCCOY, CHARLES B JR/ KATHLEEN M BRICE

Ownership

  • Current Owner : MCCOY CHARLES B
  • Current Owner 2: BRICE MCCOY KATHLEEN M
  • Previous Owner : GUBBELS EDWARD
  • Owner Before Previous Owner: SMITH MARY JUSKIEWICZ
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871600

Geography

  • Parcel: 19-26-251-008
  • Block: 251
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1788
  • Longitude: -88.2645

    Address

  • Full Address: 10418 N River Rd
  • Address - House Number: 10418
  • Street Direction: N
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Algonquin
  • Carrier Code: R003
  • 4-Digit Zip Code: 9675
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,339
  • Tax Rate Code Area: 19062

    Appraisal Valuation

  • Standard Deviation: 0.1502
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 529,473
  • High Value: 609,006
  • Low Value: 449,941

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $359,650
  • First Open Lien Mortgage Lender: 1ST NEW ENGLAND MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 11, 2005
  • First Open Lien Mortgage Loan Amount: $359,650
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2035

    Market Valuation

  • Market Total Value: $464,874
  • Market Land Value: $129,606
  • Market Improvement Value: $335,268

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $154,958
  • Assessed Land Value: $43,202
  • Assessed Improvements Value: $111,756

    Sales

  • Current Sale Contract Date: Jan 06, 2005
  • Current Sale Recording Date: Jan 11, 2005
  • Current Sale Transaction ID: 1044060105
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2005R0002628
  • Previous Sale Recording Date: Apr 15, 1997
  • Previous Sale Contract Date: Mar 31, 1997
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 1ST NEW ENGLAND MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 11, 2005
  • First Mortgage Loan Amount: $359,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: CENTURION FINANCIAL GROUP
  • Previous Mortgage Transaction Date: Apr 15, 1997
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2027

About Cedar Cove



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Frequently Asked Questions

What neighborhood is 10418 North River Road located in?
The 10418 North River Road is a located in the neighborhood of Cedar Cove in Cedar Cove, Algonquin.
What is the average sales price for listings in 10418 North River Road?
The average sales price for units in 10418 North River Road is $0 currently.

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