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Algonquin 60102 Highlands of Algonquin-Golf View Estates
1706 Edgewood Drive
$255,000
● House - Off Market

1706 Edgewood Drive

ALGONQUIN, IL 60102
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,493 Ft²
$513,237
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

Extremely Well Cared for 4 Bedroom 2 1/2 Bath Ranch Overlooking 3 different Fairways. Large Kitchen with new Hardwood Floors and Stainless Steel app. Eat-in area and Island. Formal Dining rm, Living and Family room with see-thru Fireplace. Finished English Basement with Lots and Lots of Storage! Screened in Porch with a separate Deck. Roof and Siding only 4 yrs old, New Water Softener 2011. Heat/AC Warranty thru 2015.
Unit Size
2,493 Ft²
Days on Market
-
Land Size
-
Price per sqft
$105
Property Type
House
Property Taxes
$798
HOA Dues
-
Year Built
1995

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #08290473)

Price History

Date / Event Date Event Price
Jun 20, 2013 Sold
Premium
Sold
Mar 13, 2013 Listed by Coldwell Banker Real Estate Group $261,500
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 2,493
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,528
  • Total Building Area: 4,986
  • Building Area: 4,363
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,363
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLANDS/ALGONQUIN 03
  • Land Acres: 0000000242
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2020R0041090 LT 21 HIGHLANDS OF ALGONQUIN UNIT 3 MEMO: MONARREZ, EFREN/MARRUFO, MARIA M

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871206

Geography

  • Parcel: 19-32-402-018
  • Block: 402
  • Lot: 21
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1587
  • Longitude: -88.3219

    Address

  • Full Address: 1706 Edgewood Dr
  • Legal Unit: 3
  • Address - House Number: 1706
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C007
  • 4-Digit Zip Code: 4144
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $805,904
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 388,546
  • High Value: 448,163
  • Low Value: 328,929

    Market Valuation

  • Market Total Value: $305,919
  • Market Land Value: $107,040
  • Market Improvement Value: $198,879

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $101,973
  • Assessed Land Value: $35,680
  • Assessed Improvements Value: $66,293

    Exemptions

  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 18, 2020
  • Current Sale Recording Date: Oct 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020R0041090
  • Previous Sale Recording Date: Jul 05, 2013
  • Previous Sale Contract Date: Jun 20, 2013
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: MUL
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 Highlands of Algonquin-Golf View Estates

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$218

Below Asking

0.01%

Average Days on Market

36

Average Home Size

1648 ft²

Average Home Age

37.8 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 162 Village Creek Drive, Lake In The Hills, IL, 60156

$2,550 /mo

  • 3 Beds
  • 1 Bath
  • 1,700 ft²
162 Village Creek Drive #162, Lake In The Hills, IL, 60156 Listing by Fran Dugo

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: William Squires, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 08290473
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 1706 Edgewood Drive built and last sold?
The property at 1706 Edgewood Drive was built in 1995 and last sold on Sep 18, 2020 for $285,000.
How much is this home worth?
The estimated value of the home located at 1706 Edgewood Drive is $264,115.
What are some comparable homes to 1706 Edgewood Drive?
There are currently no comparable homes to 1706 Edgewood Drive.
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