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550 Golden Valley Lane

550 Golden Valley Lane, Algonquin, IL 60102
House in Dundee
Sold Mar 02, 2022
$411,000
$369,900 by A & N Mortgage Services Inc
Mortgage Due Mar 01, 2052
Sold Aug 01, 2002
$349,500
$279,200 by American National Bank Of Deka
Mortgage Due Aug 01, 2017
Local assessors in Algonquin, IL have categorized 550 Golden Valley Lane as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 9,980 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 550 Golden Valley Lane has a total of 2,978 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,458 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 580 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on central air conditioning for their cooling system. The property was last sold in Feb 23, 2022 for $411,000. That's $81.94 per sqft. Prior to that sales transaction, the property was also sold in Jul 22, 2002 for $349,500. 550 Golden Valley Lane was last assessed in 2022. The total value of the property was assessed at $119,302. Specifically, the land the property is located on was valued at $23,151. While improvements on the property were assessed at a total of $96,151. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $9,970. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
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: 10
  • Bedroom Count: 4
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 1,458
  • Garage Type: Attached
  • Garage Square Area: 580
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,980
  • Total Building Area: 5,016
  • Gross Building Area: 5,016
  • Building Area: 2,978
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,978
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALGONQUIN LAKES
  • Land Acres: 0.229
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: ALGONQUIN LAKES UNIT 4B - LOT # 131

Ownership

  • Current Owner : BONILLA NUBIA
  • Current Owner 2: RODRIGUEZ JOSE ANDRES
  • Previous Owner : ANANYA INC
  • Owner Before Previous Owner: REALEN HOMES LP
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850101

Geography

  • Parcel: 03-02-153-018
  • Lot: 131
  • Municipality: DUNDEE
  • Latitude: 42.1498
  • Longitude: -88.2757

    Address

  • Full Address: 550 Golden Valley Ln
  • Legal Unit: 4B
  • Address - House Number: 550
  • Address - Street Name: Golden Valley
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C011
  • 4-Digit Zip Code: 5048
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,970
  • Tax Rate Code Area: DU019

    Appraisal Valuation

  • Standard Deviation: 0.1476
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 82
  • Final Value: 465,348
  • High Value: 534,054
  • Low Value: 396,642

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $369,900
  • First Open Lien Mortgage Lender: A & N MORTGAGE SERVICES INC
  • First Open Lien Mortgage Recording Date: Mar 02, 2022
  • First Open Lien Mortgage Loan Amount: $369,900
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $358,049
  • Market Land Value: $69,481
  • Market Improvement Value: $288,568

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,302
  • Assessed Land Value: $23,151
  • Assessed Improvements Value: $96,151

    Sales

  • Current Sale Contract Date: Feb 23, 2022
  • Current Sale Recording Date: Mar 02, 2022
  • Current Sale Transaction ID: 11880500129
  • Current Sale Price: $411,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 12030
  • Previous Sale Recording Date: Aug 01, 2002
  • Previous Sale Contract Date: Jul 22, 2002
  • Previous Sale Amount: $349,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: A & N MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: Mar 02, 2022
  • First Mortgage Loan Amount: $369,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN NATIONAL BANK OF DEKA
  • Previous Mortgage Transaction Date: Aug 01, 2002
  • Previous Mortgage Loan Amount: $279,200
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: Aug 01, 2017

About Algonquin



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Frequently Asked Questions

What neighborhood is 550 Golden Valley Lane located in?
The 550 Golden Valley Lane is a house located in the neighborhood of Dundee in Algonquin, Algonquin.
What is the average sales price for listings in 550 Golden Valley Lane?
The average sales price for units in 550 Golden Valley Lane is $0 currently.

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