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Algonquin 60102 Sprucewood Terrace
620 Longwood Drive
$240,000
● House - Off Market

620 Longwood Drive

ALGONQUIN, IL 60102
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,251 Ft²
$382,187
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Beautiful classic colonial in a cul-du-sac with a .5 acre lot! Kitchen has stainless steel appliances with eating area open to family room. Main level office with vaulted ceilings and access to gorgeous deck with gazebo overlooking the beautiful yard! Newer fenced in yard. Full walk-out basement with rec room that leads to brick paver patio. Newer windows, siding, roof, HVAC, doors, updated baths with skylights. Newer light fixtures on main level.
Unit Size
2,251 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$107
Property Type
House
Property Taxes
$682
HOA Dues
-
Year Built
1989

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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.

Last updated: 3 years ago (MRED MLS #09596240)

Price History

Date / Event Date Event Price
Sep 5, 2017 Sold
Premium
Sold
Apr 17, 2017 Listed by Baird & Warner $240,000
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 1,224
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,969
  • Total Building Area: 3,475
  • Building Area: 2,251
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,251
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLD OAK TERRACE
  • Land Acres: 0000000481
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0055341 LT 89 OLD OAK TERRACE UNIT 1

Neighborhood

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

Geography

  • Parcel: 19-34-228-003
  • Block: 228
  • Lot: 89
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1668
  • Longitude: -88.2813

    Address

  • Full Address: 620 Longwood Dr
  • Legal Unit: 1
  • Address - House Number: 620
  • Address - Street Name: Longwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C010
  • 4-Digit Zip Code: 3100
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $819,136
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 386,158
  • High Value: 449,770
  • Low Value: 322,546

    Market Valuation

  • Market Total Value: $304,548
  • Market Land Value: $75,381
  • Market Improvement Value: $229,167

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $101,516
  • Assessed Land Value: $25,127
  • Assessed Improvements Value: $76,389

    Sales

  • Current Sale Contract Date: Sep 05, 2017
  • Current Sale Recording Date: Sep 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017R0033200
  • Previous Sale Recording Date: Aug 28, 2015
  • Previous Sale Contract Date: Aug 03, 2015
  • Previous Sale Amount: $263,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Sprucewood Terrace

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$159

Above Asking

0.00%

Average Days on Market

50

Average Home Size

2833 ft²

Average Home Age

35 years

Currently For Sale

0 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 1381 Glacier Parkway, Algonquin, IL, 60102

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,856 ft²
1381 Glacier Parkway, Algonquin, IL, 60102 Listing by Uver Perez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 09596240
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 620 Longwood Drive built and last sold?
The property at 620 Longwood Drive was built in 1989 and last sold on Sep 5, 2017 for $240,000.
How much is this home worth?
The estimated value of the home located at 620 Longwood Drive is $242,400.
What are some comparable homes to 620 Longwood Drive?
There are currently no comparable homes to 620 Longwood Drive.
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