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1406 Cary Road

1406 Cary Road, Algonquin, IL 60102
Sold Nov 01, 2019
$184,500
$178,965 by Stearns Lending Llc
Mortgage Due Nov 01, 2049
Sold Jun 03, 2014
$125,000
$118,750 by Peoples Home Equity Inc
Mortgage Due Jun 01, 2044
Local assessors in Algonquin, IL have categorized 1406 Cary Road as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 7,500 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a raised ranch style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1406 Cary Road has a total of 1,205 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in Oct 30, 2019 for $184,500. That's $113.89 per sqft. Prior to that sales transaction, the property was also sold in Apr 21, 2014 for $125,000. 1406 Cary Road was last assessed in 2022. The total value of the property was assessed at $67,223. Specifically, the land the property is located on was valued at $11,035. While improvements on the property were assessed at a total of $56,188. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,917. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Raised Ranch
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 781
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,620
  • Building Area: 1,205
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,205
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CO ALGONQUIN HILLS
  • Land Acres: 0.172
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2019R0037285 LT 18 BLK 20 MERRILL, F E & CO ALGONQUIN HILLS UNIT 1

Ownership

  • Current Owner : ACOSTA BRANDON REYES
  • Previous Owner : OLIVER WILL
  • Owner Before Previous Owner: PENNYMAC LOAN TRUST 2010 NPL1
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871311

Geography

  • Parcel: 19-27-230-018
  • Block: 20
  • Lot: 18
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1801
  • Longitude: -88.2794

    Address

  • Full Address: 1406 Cary Rd
  • Legal Unit: 1
  • Address - House Number: 1406
  • Address - Street Name: Cary
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Algonquin
  • Carrier Code: R007
  • 4-Digit Zip Code: 3411
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,917
  • Tax Rate Code Area: 19031

    Appraisal Valuation

  • Standard Deviation: 0.1673
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 272,956
  • High Value: 318,630
  • Low Value: 227,281

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $178,965
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Nov 01, 2019
  • First Open Lien Mortgage Loan Amount: $178,965
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $201,669
  • Market Land Value: $33,105
  • Market Improvement Value: $168,564

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,223
  • Assessed Land Value: $11,035
  • Assessed Improvements Value: $56,188

    Sales

  • Current Sale Contract Date: Oct 30, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Transaction ID: 11672698357
  • Current Sale Price: $184,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R0037285
  • Previous Sale Recording Date: Jun 03, 2014
  • Previous Sale Contract Date: Apr 21, 2014
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING LLC
  • First Mortgage Transaction Date: Nov 01, 2019
  • First Mortgage Loan Amount: $178,965
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES HOME EQUITY INC
  • Previous Mortgage Transaction Date: Jun 03, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $118,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2044

About Merrill Algonquin Hills



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Frequently Asked Questions

What neighborhood is 1406 Cary Road located in?
The 1406 Cary Road is a located in the neighborhood of Merrill Algonquin Hills in Merrill Algonquin Hills, Algonquin.
What is the average sales price for listings in 1406 Cary Road?
The average sales price for units in 1406 Cary Road is $0 currently.

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