See Home Value
Algonquin 60102 Cove
1051 Grayhawk Drive
$495,000 - $605,000
House - Off Market

1051 Grayhawk Drive

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
3451 Sqft
Sold Apr 29, 2003
$372,345
$262,500 by Bank Of America Na
Mortgage Due Nov 01, 2026

About This Property

Stately Custom Built 4 Bedroom 3.5 Bathroom Home! 3,451' of Spacious Living with an Ideal Layout for Relaxed Living & Entertaining!  A Grand Pillared Entrance Welcomes You to a Dramatic 2 Story Foyer & Beautiful Front Staircase! 1st Floor Boasts 9' Ceilings & Hardwood Floors in many rooms!  The Living Room could also be a 1st Floor Office! The Dining Room is Perfect For Special Occasions!   A Cheerful Sunroom located off the Kitchen is a Wonderful Retreat! Gather in the Open Kitchen Featuring Upgraded Wood Cabinetry & Solid Surface Countertops, SS Appliances, Breakfast Island, Eating Area, Abundant Cabinetry & Walk In Pantry!  Easy Kitchen Access to the Deck. You Will Love the Dramatic 2 Story Family Room with Gas Log Masonry Fireplace! A 2nd Staircase also offers additional convenient access within your home! The Second Level is also Cheerfully Sunny & Bright! A Large Master Suite with a Vaulted Ceiling & 2 Walk In Closets!  The Luxury Master Bathroom has Dual Sinks, Jetted Soaker Tub & Separate Shower! 2nd Bedroom Features a Private Full Bathroom! 3rd & 4th Bedrooms share a Jack & Jill Full Bathroom! 1st Floor Laundry/Mudroom with Sink & Upgraded Wood Cabinetry! This Quality Built Custom Home has Many Extra Upgrades Including Solid Interior Wood Doors & Insulated Interior Walls For a Quiet Home Throughout! A Full Unfinished Basement with a 9' Deep Pour, Bathroom Plumbing is Roughed In, this is Your Opportunity to Custom Design Additional Living & Recreation Space! New H/W Tank 2023.  Roof 2014. Oversized 2.5 Car Garage with Plenty of Room For Extra Storage! Estate Size 1/3 Acre+ Yard Allows for Privacy & Summer Entertaining! A Lawn Irrigation System for a great looking lawn! Wonderful Shopping & Dining Nearby! Welcome Home!

The manager has listed the unit size as 3451 square feet.
Unit Size
3,451Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$159
Property Type
House
Property Taxes
$973
HOA Dues
$299
Year Built
2002

Price History

Date / Event Date Event Price
Apr 30, 2024 No longer available -
No longer available
Mar 4, 2024 In contract -
In contract
Feb 22, 2024 Listed $550,000
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Basement Type: Finished improved basement
  • Basement Area: 1,774
  • Garage Type: Garage
  • Garage Square Area: 595
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,210
  • Total Building Area: 5,579
  • Building Area: 5,225
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 5,225
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE COVE UNIT II PHASE II
  • Land Acres: 0.395
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2003R0055205 LT 109 THE COVE UNIT II PHASE II

Ownership

  • Current Owner : GALANIS STEVE
  • Previous Owner : PAR DEVELOPMENT INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Huntley Consolidated School District 158
  • Census Tract: 871107

Geography

  • Subdivision Phase Number: 2
  • Parcel: 18-36-452-001
  • Lot: 109
  • Municipality: GRAFTON TWP
  • Latitude: 42.1574
  • Longitude: -88.3626

    Address

  • Full Address: 1051 Grayhawk Dr
  • Legal Unit: 2
  • Address - House Number: 1051
  • Address - Street Name: Grayhawk
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C016
  • 4-Digit Zip Code: 6323
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,673
  • Tax Rate Code Area: 18018

    Appraisal Valuation

  • Standard Deviation: 0.162
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 79
  • Final Value: 556,990
  • High Value: 647,257
  • Low Value: 466,722

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $560,377
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Oct 26, 2011
  • First Open Lien Mortgage Loan Amount: $262,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2026
  • Second Open Lien Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Second Open Lien Mortgage Recording Date: Apr 29, 2003
  • Second Open Lien Mortgage Loan Amount: $297,877
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2033

    Market Valuation

  • Market Total Value: $441,456
  • Market Land Value: $43,440
  • Market Improvement Value: $398,016

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $147,152
  • Assessed Land Value: $14,480
  • Assessed Improvements Value: $132,672

    Sales

  • Current Sale Contract Date: Apr 25, 2003
  • Current Sale Recording Date: Apr 29, 2003
  • Current Sale Transaction ID: 1098718330
  • Current Sale Price: $372,345
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2003R0055205

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Mortgage Transaction Date: Apr 29, 2003
  • First Mortgage Loan Amount: $297,877
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2033



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,863 ft²
$252/ft²
$468,990 Feb 16, 2024
-
-

About Cove


Similar Homes for Sale

Unit for sale at 2861 Harnish Drive, Algonquin, IL 60102

$468,990

  • 2 Beds
  • 2 Baths
  • 1,863 ft²
2861 Harnish Drive, Algonquin, IL 60102 Listing by Grand Reserve Algonquin Sales Center

Nearby Rentals

Unit for rent at 2477 Stonegate Road, Algonquin, IL, 60102

$2,600 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,077 ft²
2477 Stonegate Road #6, Algonquin, IL, 60102 Listing by Lawrence Hines


Frequently Asked Questions

When was property at 1051 Grayhawk Drive built and last sold?
The property at 1051 Grayhawk Drive was built in 2002 and last sold on Apr 25, 2003 for $372,345.
How much is this home worth?
The estimated value of the home located at 1051 Grayhawk Drive is $558,158.
What are some comparable homes to 1051 Grayhawk Drive?
Homes that are comparable to 1051 Grayhawk Drive include a house property at 2861 Harnish Drive, located in Algonquin, IL.

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