See Home Value
Algonquin 60102
1500 Riverwood Drive
$343,060*
House - Off Market

1500 Riverwood Drive

Algonquin, IL 60102
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2140 Sqft
$216,000 - $262,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model
Sold Mar 13, 2020
$242,000
$229,805 by First Centennial Mortgage Corp
Mortgage Due Apr 01, 2050
Sold Feb 04, 2016
$196,000
$176,000 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2046

About This Property

HUGE PRICE REDUCTION!  OWNER SAYS SELL and looking for ALL REASONABLE OFFERS!!! STOP & put this home on your "must see" list!  5 bedroom home designed for comfort & space for everyone! Kitchen has beautiful maple cabinets with under cabinet lighting that brings the sparkle of the granite counters to life.  All NEWER STAINLESS appliances (2016), pull out shelves, hidden garbage cabinet & great views of the backyard. The water is purified throughout the entire house with a paid AquaKlean system, TOP of the line drinking water purifier at the kitchen sink.  NEW(2018) lights & top of the line ceiling fans (2017) in the entire house & EVERY bedroom, even in the stairwell to keep air flow between floors. PELLA windows & back doors. NEWER (2017) Front Door/Storm.  Upstairs, the left wing addition adds a HUGE master suite with two closets, nook, FULL bathroom & private balcony overlooking the beautiful yard that backs up to wooded lot divider! Also on this wing is the bright laundry room & the 5th bedroom, TUCKED away for privacy, makes a great space for storage room, playroom, office or hobby room.  The other wing has a full bath, 1 large original master bedroom with huge walk in closet and 2 extra bedrooms! Water Heater (2014) Pull down attic stairs leads you to a HUGE 35x10 carpeted and plywood attic with tall ceilings to make storage a breeze! Don't forget to take a look up there, you won't be disappointed!  Need MORE storage? Easy access crawl space has plenty of room to store too! The BACKYARD HIGHLIGHT is the NEW (2018) stamped concrete patio.  Beautifully crafted & large enough for a few different entertaining spaces. Sit around the built-in FIRE PIT toward the forested back of the lot.  2 car garage with LOTS OF EXTRA SPACE for shelving and large workbench. EXTRA DRIVEWAY APRON to park additional cars rounds out the exterior features of this READY FOR YOU HOME!  LOCATION, LOCATION, LOCATION... close to both the elementary and middle schools, easy to access Rt 62 from stoplight AND take a run or bike ride on the 40 mile long trail that runs next to the subdivision!!! QUICK CLOSE POSSIBLE!  Huge dry crawl space easily accessible for additional storage!

The manager has listed the unit size as 2140 square feet.
Unit Size
2,140Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$112
Property Type
House
Property Taxes
$6,013
HOA Dues
-
Year Built
1984

Price History

Date / Event Date Event Price
Mar 18, 2020 No longer available -
No longer available
Mar 13, 2020 Sold to Guio Carlos Olmos, Heidi Ga... $242,000
Sold to Guio Carlos Olmos, Heidi Ga...
Jan 26, 2020 Price Decreased $239,900
↓ $5K (2%)
Price Decreased
Jan 8, 2020 Price Decreased $244,900
↓ $5K (2%)
Price Decreased
Dec 7, 2019 Listed $249,900
Listed
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,929
  • Total Building Area: 2,510
  • Gross Building Area: 2,510
  • Building Area: 2,090
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,090
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERWOOD ESTATES
  • Land Acres: 0.205
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 88 RIVERWOOD ESTATES UNIT 3 SUBDIVISION: RIVERWOOD ESTATES RANGE CODE: 8 E TWSHP 42N

Ownership

  • Current Owner : GALLOZA HEIDI
  • Current Owner 2: OLMOS GUIO CARLOS
  • Previous Owner : SALAMANCA BRENDA
  • Previous Owner 2: AVILA SALVADOR L
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850106

Geography

  • Parcel: 03-03-226-011
  • Lot: 88
  • Municipality: DUNDEE
  • Latitude: 42.1487
  • Longitude: -88.2819

    Address

  • Full Address: 1500 Riverwood Dr
  • Legal Unit: 3
  • Address - House Number: 1500
  • Address - Street Name: Riverwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Algonquin
  • Carrier Code: R005
  • 4-Digit Zip Code: 3711
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,891
  • Tax Rate Code Area: DU018

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 357,731
  • High Value: 412,943
  • Low Value: 302,519

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $229,805
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 13, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $229,805
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $257,395
  • Market Land Value: $67,422
  • Market Improvement Value: $189,973

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $85,764
  • Assessed Land Value: $22,465
  • Assessed Improvements Value: $63,299

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 03, 2020
  • Current Sale Recording Date: Mar 13, 2020
  • Current Sale Transaction ID: 11747007735
  • Current Sale Price: $242,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020K013229
  • Previous Sale Recording Date: Feb 04, 2016
  • Previous Sale Contract Date: Jan 21, 2016
  • Previous Sale Amount: $196,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 13, 2020
  • First Mortgage Loan Amount: $229,805
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Feb 04, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $176,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2046



Comparables

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

About Algonquin


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Frequently Asked Questions

When was property at 1500 Riverwood Drive built and last sold?
The property at 1500 Riverwood Drive was built in 1984 and last sold on Mar 3, 2020 for $242,000.
How much is this home worth?
The estimated value of the home located at 1500 Riverwood Drive is $243,087.
What are some comparable homes to 1500 Riverwood Drive?
There are currently no comparable homes to 1500 Riverwood Drive.

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