See Home Value
Algonquin 60102
501 Ridge Street
$365,000
● House - Off Market

501 Ridge Street

Algonquin, IL 60102
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,574 Ft²
$2,284
Est. Monthly
7.10%
Cap Rate

About This Property

Welcome to this exceptional 4 bedroom, 2 bathroom ranch! As you step inside, you'll be greeted by a welcoming ambiance highlighted by the warmth of two inviting fireplaces and a large bay window that bathes the living room in natural light. The heart of this home is its updated kitchen, designed to impress with ample storage, sleek Corian countertops, a convenient pantry, a breakfast bar perfect for casual dining, and even a wine fridge. The bathrooms have also been tastefully renovated, offering modern fixtures and finishes that enhance the overall appeal of the home. Outside, a gorgeous deck awaits, providing an ideal spot for outdoor dining, relaxation, or hosting gatherings with family and friends. The newer windows and roof ensure peace of mind. With its bright and open layout, this home offers a refreshing atmosphere that invites comfort and enjoyment. A fantastic location east of the river in the highly coveted Janak's subdivision!
Unit Size
1,574 Ft²
Days on Market
-
Land Size
-
Price per sqft
$229
Property Type
House
Property Taxes
$516
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #12028102)

Price History

Date / Event Date Event Price
Jun 5, 2024 Sold
Sold
Apr 18, 2024 Listed by Keller Williams Success Realty $360,000
Listed by Keller Williams Success Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,574
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,240
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,148
  • Building Area: 1,574
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,574
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JANAKS 4TH ADDN
  • Land Acres: 0000000212
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2014R0040766 LT 1 BLK 13 JANAKS 4TH ADDN

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871310

Geography

  • Parcel: 19-34-404-001
  • Block: 13
  • Lot: 1
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1612
  • Longitude: -88.2836

    Address

  • Full Address: 501 Ridge St
  • Address - House Number: 501
  • Address - Street Name: Ridge
  • Address - Suffix Type: St
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C005
  • 4-Digit Zip Code: 3019
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $619,456
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 321,222
  • High Value: 370,509
  • Low Value: 271,935

    Market Valuation

  • Market Total Value: $234,696
  • Market Land Value: $41,511
  • Market Improvement Value: $193,185

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,232
  • Assessed Land Value: $13,837
  • Assessed Improvements Value: $64,395

    Sales

  • Current Sale Contract Date: Nov 26, 2014
  • Current Sale Recording Date: Dec 01, 2014
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014R0040766
  • Previous Sale Recording Date: May 09, 2002
  • Previous Sale Contract Date: May 06, 2001
  • Previous Sale Amount: $158,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Algonquin


Similar Homes for Sale

Currently no similar homes around

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 501 Ridge Street built and last sold?
The property at 501 Ridge Street was built in 1956 and last sold on Nov 26, 2014 for $190,000.
How much is this home worth?
The estimated value of the home located at 501 Ridge Street is $0.
What are some comparable homes to 501 Ridge Street?
There are currently no comparable homes to 501 Ridge Street.