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2803 Waterfront Avenue

2803 Waterfront Avenue, Algonquin, IL 60102
Sold Aug 30, 2016
Transfer
$100,000 by Draper & Kramer Mortgage Corp
Mortgage Due Sep 01, 2046
Sold Jul 12, 2002
$229,560
$58,000 by Pulte Mtg Corp
Mortgage Due Aug 01, 2032
2803 Waterfront Avenue in Algonquin, IL was first built in 2002 and is 22 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2803 Waterfront Avenue has 1,839 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 360 ft and the linear feet between the front and back of the lot is 660. In total, the area measurement of the land is 2,392 square feet.

Learn more about the property and building on this page. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $229,560 in Jun 28, 2002. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,394 in taxes each year. 2803 Waterfront Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $85,561. If we break it down further, the land itself was valued at $14,925. Improvements to the property, however, were assessed at a total of $70,636. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,062
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,392
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 360
  • Total Building Area: 2,901
  • Building Area: 1,839
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,839
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CREEKSIDE OF ALGONQUIN THE MEADOWS & THE
  • Land Acres: 0.55
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2016R0032650 SWLY 36.29FT NELY 79.60FT LT 1 CREEKSIDE OF ALGONQUIN THE MEADOWS & THE VILLAS PHASE 2

Ownership

  • Current Owner : SCHNEIDER WILLIAM
  • Current Owner 2: SCHNEIDER LINDA
  • Previous Owner : GRESHER TERESA
  • Owner Before Previous Owner: PULTE HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Subdivision Phase Number: 2
  • Parcel: 19-30-456-006
  • Lot: 1
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1708
  • Longitude: -88.3434

    Address

  • Full Address: 2803 Waterfront Ave
  • Address - House Number: 2803
  • Address - Street Name: Waterfront
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C018
  • 4-Digit Zip Code: 6834
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,394
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 335,567
  • High Value: 394,338
  • Low Value: 276,795

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 30, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $100,000
  • 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: Sep 01, 2046

    Market Valuation

  • Market Total Value: $256,683
  • Market Land Value: $44,775
  • Market Improvement Value: $211,908

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $85,561
  • Assessed Land Value: $14,925
  • Assessed Improvements Value: $70,636

    Sales

  • Current Sale Contract Date: Aug 02, 2016
  • Current Sale Recording Date: Aug 30, 2016
  • Current Sale Transaction ID: 1755270280
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016R0032650
  • Previous Sale Recording Date: Jul 12, 2002
  • Previous Sale Contract Date: Jun 28, 2002
  • Previous Sale Amount: $229,560
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 30, 2016
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PULTE MTG CORP
  • Previous Mortgage Transaction Date: Jul 12, 2002
  • Previous Mortgage Loan Amount: $58,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2032

About Winding Creek of Algonquin



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Frequently Asked Questions

What neighborhood is 2803 Waterfront Avenue located in?
The 2803 Waterfront Avenue is a located in the neighborhood of Winding Creek of Algonquin in Winding Creek of Algonquin, Algonquin.
What is the average sales price for listings in 2803 Waterfront Avenue?
The average sales price for units in 2803 Waterfront Avenue is $0 currently.

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