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Algonquin 60102
505 Souwanas Trail
$325,000
● House - Off Market

505 Souwanas Trail

Algonquin, IL 60102
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,608 Ft²
$2,206
Est. Monthly
5.19%
Cap Rate

About This Property

Welcome to Algonquin Shores! This completely renovated ranch home is nestled among the scenic landscape of rolling hills and towering trees in this gorgeous riverfront community. Located steps from the Fox River and just minutes to quaint downtown Algonquin, this two-bedroom two full bathroom ranch is essentially a brand-new home. Freshly painted throughout, the large welcoming living room features a wall of windows for ample natural light as well as gorgeous wide-plank hardwood flooring and upgraded tall baseboard trim both of which run through much of the home. The adjacent family room with new carpet is perfect for entertaining with its generous size, open layout to the kitchen and convenient access to the no maintenance composite deck. Your new kitchen features LVP flooring, a large island with breakfast bar as well as lots of cabinetry for all your storage needs. The high-end Frigidaire stainless steel appliances including oven with gas cooktop, refrigerator and dishwasher are brand new and in fact still retain the protective covering so you will be sure you are the first to use them. The numerous recessed ceiling lights and skylight along with lots of counter space provide the perfect working environment for the chef of your home! Additionally, family and friends will enjoy dining in the large kitchen eat-in room, open to the main kitchen and surrounded by windows making for mesmerizing views of the large backyard and surrounding natural wilderness. There is also access to the very large newly painted covered porch which spans much of the rear of the home. Complimenting the kitchen space is a large and very functional butler's pantry for even more storage and working space. Both bedrooms also feature the wide-plank hardwoods and upgraded baseboards as well as good closet space. Both full bathrooms are updated including gorgeous new vanities. The hall bath is complete with a tub/shower combo and the master with a convenient walk-in shower. At the rear of the home, you will find an enormous mud and laundry room area, again with additional storage and counter space. This room was smartly designed with direct access to both the backyard and oversized garage. The attached garage is a very generous two-car with access to the covered porch and backyard in addition to the mudroom entrance. Topping off this space is the separate but attached bump-out area which is perfect for storage or even a workshop. Water Heater: 2023; New well pump: 2017; HVAC: 2009 located in crawl; Most windows approx.: 2009; City sewer. As a part of the Fox River Valley, the surrounding area is in many ways resort-like. Steps from your door is access to over 30 miles of outdoor recreation along the Prairie Trail spanning all the way from Algonquin to Richmond and Hebron in the north and Woodstock to the west through various connecting trails. With nearby access to the Fox River for boating and fishing your new ranch home is truly located in a recreation lover's outdoor paradise. Have your agent schedule a showing TODAY or call us directly!
Unit Size
1,608 Ft²
Days on Market
-
Land Size
-
Price per sqft
$218
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
1977

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Last updated: 2 years ago (MRED MLS #12206757)

Price History

Date / Event Date Event Price
Jan 31, 2025 Sold
Sold
Dec 28, 2024 In contract -
In contract
Dec 10, 2024 Price Decreased $350,000
↓ $10K (2.8%)
Price Decreased
Nov 25, 2024 Listed by RE/MAX All Pro - St Charles $360,000
Listed by RE/MAX All Pro - St Charles

Property Highlights


Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,279
  • Total Building Area: 2,193
  • Gross Building Area: 2,193
  • Building Area: 1,521
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,521
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALGONQUIN SHORES
  • Land Acres: 0000000397
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LOTS 1 & 2 BLOCK 20 ALGONQUIN SHORES SUBDIVISION: ALGONQUIN SHORES RANGE CODE: 8 E TWSHP 42N

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850106

Geography

  • Parcel: 03-03-201-033
  • Block: 20
  • Lot: 1,2
  • Municipality: DUNDEE
  • Latitude: 42.1535
  • Longitude: -88.2872

    Address

  • Full Address: 505 Souwanas Trl
  • Address - House Number: 505
  • Address - Street Name: Souwanas
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Algonquin
  • Carrier Code: R005
  • 4-Digit Zip Code: 2908
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $525,244
  • Tax Rate Code Area: DU019

    Appraisal Valuation

  • Standard Deviation: 0.1947
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 74
  • Final Value: 325,702
  • High Value: 389,137
  • Low Value: 262,267

    Market Valuation

  • Market Total Value: $206,633
  • Market Land Value: $30,720
  • Market Improvement Value: $175,912

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,850
  • Assessed Land Value: $10,236
  • Assessed Improvements Value: $58,614

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 15, 2007
  • Current Sale Recording Date: Nov 29, 2007
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2007K117299
  • Previous Sale Recording Date: Aug 30, 1999
  • Previous Sale Contract Date: Aug 27, 1999
  • Previous Sale Amount: $156,000
  • Previous Sale Document Type: 71
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


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Frequently Asked Questions

When was property at 505 Souwanas Trail built and last sold?
The property at 505 Souwanas Trail was built in 1977 and last sold on Nov 15, 2007 for $245,000.
How much is this home worth?
The estimated value of the home located at 505 Souwanas Trail is $353,349.
What are some comparable homes to 505 Souwanas Trail?
There are currently no comparable homes to 505 Souwanas Trail.