See Home Value
$410,000
● House - Off Market

331 Cornell Lane

Algonquin, IL 60102
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,350 Ft²
$2,718
Est. Monthly
5.56%
Cap Rate

About This Property

Welcome to this Stunning, Completely Remodeled 2876 Sq Ft Home on a Spacious .43 Acre Fenced Lot with a 2-Car Garage and a Large Deck, Perfect for Entertaining. As You Approach, Be Captivated by the Charming Curb Appeal, Mature Trees, Covered Front Porch, and Expansive Concrete Driveway. Step Inside to Discover a Large Foyer with a Modern Chandelier and Luxury Vinyl Plank Flooring Throughout the Entire Main Floor. The Expansive Formal Living Room, with Its Versatility as a Main Floor Office or Playroom, Sets the Stage for the Rest of the Home. The Dining Room is Ideal for Hosting Holiday Gatherings. The Kitchen is a Chef's Dream, Boasting White Shaker-Style Cabinets, Stunning Granite Counters, Stainless Steel Appliances, and a Spacious Breakfast Room Area. Adjacent to the Kitchen, the Family Room Features a Stunning Custom Stone Fireplace and Offers Open Views of the Kitchen and Sliding Doors Leading to the Expansive Deck. Experience the Convenience of an Incredible Laundry Room with a Mudroom Entrance from the Backyard. Upstairs, the Second Floor Accommodates 3 Generous Bedrooms, Including the Luxurious Primary Suite. The Primary Suite Exudes Opulence with Its Updated Private Bath, Featuring Granite Counters, Porcelain Tile Floors, and a Spacious Walk-In Closet. The Second Full Bath, Also Remodeled to Perfection, Has the Feel of a Model Home. The Basement Boasts Abundant Storage and Endless Potential for Additional Living Space. Step Outside to the Park-Like Backyard, Boasting Mature Trees, Ample Space for a Potential Dog Run or Playset, and a Fantastic Deck for Summertime Enjoyment. This Must-See Opportunity Is Freshly Remodeled as of October 2023. Don't Miss Out on This Exquisite Property!
Unit Size
2,350 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$181
Property Type
House
Property Taxes
$631
HOA Dues
-
Year Built
1984

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Last updated: 3 years ago (MRED MLS #11909096)

Price History

Date / Event Date Event Price
Mar 6, 2024 Sold
Sold
Nov 7, 2023 Listed by Five Star Realty, Inc $424,900
Listed by Five Star Realty, Inc

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 516
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 2,876
  • Building Area: 2,360
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,360
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRUCEWOOD TERRACE
  • Land Acres: 0000000430
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2003R0012008 LT 15 SPRUCEWOOD TERRACE

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871404

Geography

  • Parcel: 19-34-204-012
  • Block: 204
  • Lot: 15
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1654
  • Longitude: -88.2833

    Address

  • Full Address: 331 Cornell Ln
  • Address - House Number: 331
  • Address - Street Name: Cornell
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C010
  • 4-Digit Zip Code: 3146
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $757,228
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.0962
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 91
  • Final Value: 411,119
  • High Value: 450,688
  • Low Value: 371,550

    Market Valuation

  • Market Total Value: $264,891
  • Market Land Value: $68,526
  • Market Improvement Value: $196,365

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,297
  • Assessed Land Value: $22,842
  • Assessed Improvements Value: $65,455

    Sales

  • Current Sale Contract Date: Feb 28, 2024
  • Current Sale Recording Date: Mar 06, 2024
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5320
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Sprucewood Terrace


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 303 Ridge Street, Algonquin, IL, 60102

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,300 ft²
303 Ridge Street, Algonquin, IL, 60102 Listing by Heidi Peterson


Frequently Asked Questions

When was property at 331 Cornell Lane built and last sold?
The property at 331 Cornell Lane was built in 1984 and last sold on Feb 28, 2024 for $410,000.
How much is this home worth?
The estimated value of the home located at 331 Cornell Lane is $0.
What are some comparable homes to 331 Cornell Lane?
There are currently no comparable homes to 331 Cornell Lane.