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Algonquin 60102 Manchester Lakes
4161 Georgetown Circle
$485,000
● House - Off Market

4161 Georgetown Circle

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,596 Ft²
$491,647
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Beautiful open floor plan in the sought after neighborhood of Manchester Lakes. Sits on a premium corner lot with beautiful pond in the back yard. Whole house just freshly painted. All wood floors refinished 3/22. Newer lighting throughout. SS appliances. Open floor plan A definite MUST SEE before its gone!
Unit Size
2,596 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$187
Property Type
House
Property Taxes
$753
HOA Dues
-
Year Built
2002

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,403
  • Garage Type: 7
  • Garage Square Area: 453
  • Parking Space Count: 0
  • Patio Type: 11
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,059
  • Total Building Area: 3,999
  • Building Area: 3,999
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 3,999
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MANCHESTER LAKES PHASE 4
  • Land Acres: 0000000323
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0015054 LT 222 MANCHESTER LAKES PHASE 4

Neighborhood

  • School District Name: Huntley Consolidated School District 158
  • Census Tract: 871111

Geography

  • Subdivision Phase Number: 4
  • Parcel: 18-36-104-001
  • Lot: 222
  • Municipality: GRAFTON TWP
  • Latitude: 42.1677
  • Longitude: -88.3727

    Address

  • Full Address: 4161 Georgetown Cir
  • Address - House Number: 4161
  • Address - Street Name: Georgetown
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Algonquin
  • Carrier Code: R009
  • 4-Digit Zip Code: 6208
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $943,530
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 18054

    Appraisal Valuation

  • Standard Deviation: 0.1622
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 482,008
  • High Value: 560,208
  • Low Value: 403,809

    Market Valuation

  • Market Total Value: $349,368
  • Market Land Value: $24,006
  • Market Improvement Value: $325,362

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $116,456
  • Assessed Land Value: $8,002
  • Assessed Improvements Value: $108,454

    Sales

  • Current Sale Contract Date: Apr 14, 2022
  • Current Sale Recording Date: Apr 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15054
  • Previous Sale Recording Date: Dec 26, 2002
  • Previous Sale Contract Date: Dec 23, 2002
  • Previous Sale Amount: $309,000
  • Previous Sale Document Type: 71
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 Manchester Lakes

Stats & Trends

Median Asking:

$514,900

Sale Price/ft²

$223

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2555 ft²

Average Home Age

26.5 years

Currently For Sale

2 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 2521 Waterford Lane, Lake In The Hills, IL, 60156

$3,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,722 ft²
2521 Waterford Lane, Lake In The Hills, IL, 60156 Listing by Sofiia Ilchuk

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Annette Dunn, Baird & Warner
Data Source: MRED, MLS# MRD11344350
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 4161 Georgetown Circle built and last sold?
The property at 4161 Georgetown Circle was built in 2002 and last sold on Apr 14, 2022 for $485,000.
How much is this home worth?
The estimated value of the home located at 4161 Georgetown Circle is $487,367.
What are some comparable homes to 4161 Georgetown Circle?
There are currently no comparable homes to 4161 Georgetown Circle.
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