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623 Gaslight Drive

623 Gaslight Drive, Algonquin, IL 60102
House in Dundee
Sold Aug 31, 2020
$290,000
$275,500 by Guaranteed Rate Inc
Mortgage Due Sep 01, 2050
Sold Nov 15, 2011
$172,500
623 Gaslight Drive has been categorized by the local assessors in Algonquin, IL as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 623 Gaslight Drive has 1,456 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,456 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 20,386 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. The inside of the home is being cooled with central air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 623 Gaslight Drive was last sold in Aug 5, 2020 for $290,000. According to our calculations, that's $85.39 per sqft. Prior to that sales transaction, the property was sold for $172,500 in Nov 10, 2011. Current property owners are expected to pay $8,021 in taxes per year. The property on 623 Gaslight Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $98,839. To break that down further, the land itself was valued at $23,339. While improvements to the property were assessed at a total of $75,500. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Cedar Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,456
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,386
  • Total Building Area: 3,396
  • Gross Building Area: 3,396
  • Building Area: 1,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,456
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GASLIGHT TERRACE
  • Land Acres: 0.468
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 31 GASLIGHT TERRACE SOUTH UNIT 2

Ownership

  • Current Owner : RASMUSSEN ANDREW
  • Current Owner 2: SALM LAUREN
  • Previous Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Owner Before Previous Owner: CRUZAN MICHAEL K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Geography

  • Parcel: 03-04-227-010
  • Lot: 31
  • Municipality: DUNDEE
  • Latitude: 42.1515
  • Longitude: -88.3017

    Address

  • Full Address: 623 Gaslight Dr
  • Legal Unit: 2
  • Address - House Number: 623
  • Address - Street Name: Gaslight
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C006
  • 4-Digit Zip Code: 3218
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,021
  • Tax Rate Code Area: DU070

    Appraisal Valuation

  • Standard Deviation: 0.1407
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 396,381
  • High Value: 452,177
  • Low Value: 340,585

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 31, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $275,500
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $296,636
  • Market Land Value: $70,045
  • Market Improvement Value: $226,591

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $98,839
  • Assessed Land Value: $23,339
  • Assessed Improvements Value: $75,500

    Sales

  • Current Sale Contract Date: Aug 05, 2020
  • Current Sale Recording Date: Aug 31, 2020
  • Current Sale Transaction ID: 11784617858
  • Current Sale Price: $290,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 2020K049287
  • Previous Sale Recording Date: Nov 15, 2011
  • Previous Sale Contract Date: Nov 10, 2011
  • Previous Sale Amount: $172,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 31, 2020
  • First Mortgage Loan Amount: $275,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Algonquin



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Frequently Asked Questions

What neighborhood is 623 Gaslight Drive located in?
The 623 Gaslight Drive is a house located in the neighborhood of Dundee in Algonquin, Algonquin.
What is the average sales price for listings in 623 Gaslight Drive?
The average sales price for units in 623 Gaslight Drive is $310,000 currently.

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