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2312 Loop Road

2312 Loop Road, Algonquin, IL 60102
Property in Dundee
Sold Oct 30, 2000
$302,500
$206,000 by Provident Funding Group Inc
Mortgage Due Apr 01, 2042
Local assessors in Algonquin, IL have categorized 2312 Loop Road as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 11,970 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2312 Loop Road has a total of 3,264 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,786 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 768 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Residents rely on central air conditioning for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2312 Loop Road was last sold in May 31, 2000 for $302,500. According to our calculations, that's $51.99 per sqft. Current property owners are expected to pay $10,290 in taxes per year. The property on 2312 Loop Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $130,915. To break that down further, the land itself was valued at $23,151. While improvements to the property were assessed at a total of $107,764. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 1,786
  • Garage Type: Attached
  • Garage Square Area: 768
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 11,970
  • Total Building Area: 5,818
  • Gross Building Area: 5,818
  • Building Area: 3,264
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,264
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOUGHBY FARMS SOUTH
  • Land Acres: 0.275
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 182 WILLOUGHBY FARMS SOUTH UNIT #4

Ownership

  • Current Owner : MARKOWSKI SCOTT J
  • Current Owner 2: ALBRECHT BARBARA K
  • Previous Owner : WILLOUGHBY FARMS THIRD NEW DIMENSION LTD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850105

Geography

  • Parcel: 03-08-107-007
  • Lot: 182
  • Municipality: DUNDEE
  • Latitude: 42.1378
  • Longitude: -88.3317

    Address

  • Full Address: 2312 Loop Rd
  • Legal Unit: 4
  • Address - House Number: 2312
  • Address - Street Name: Loop
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C017
  • 4-Digit Zip Code: 6647
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,290
  • Tax Rate Code Area: DU023

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 524,037
  • High Value: 596,827
  • Low Value: 451,246

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING GROUP INC
  • First Open Lien Mortgage Recording Date: Mar 23, 2012
  • First Open Lien Mortgage Loan Amount: $206,000
  • 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, 2042

    Market Valuation

  • Market Total Value: $392,902
  • Market Land Value: $69,481
  • Market Improvement Value: $323,421

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $130,915
  • Assessed Land Value: $23,151
  • Assessed Improvements Value: $107,764

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2000
  • Current Sale Recording Date: Oct 30, 2000
  • Current Sale Transaction ID: 1178189758
  • Current Sale Price: $302,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2000K085992

    Last Sale Mortgage

  • First Mortgage Lender: ST PAUL FEDERAL
  • First Mortgage Transaction Date: Oct 30, 2000
  • First Mortgage Loan Amount: $257,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2030

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Algonquin



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Frequently Asked Questions

What neighborhood is 2312 Loop Road located in?
The 2312 Loop Road is a located in the neighborhood of Dundee in Algonquin, Algonquin.
What is the average sales price for listings in 2312 Loop Road?
The average sales price for units in 2312 Loop Road is $0 currently.

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