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Algonquin 60102 Spring Creek Farms
645 Applewood Lane
$265,000
● House - Off Market

645 Applewood Lane

Algonquin, IL 60102
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$315,202
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Come fall in love with this wonderful home. This home has been beautifully maintained and upgraded. Enjoy the beautiful kitchen that was completely updated along with new appliances, cabinetry and granite counters.  The dining area family room combo can be used for just dining or a combination of ideas. Large living room will welcome you in with its wonderful sunlight and great space. The baths where also completely updated. Three large bedrooms including very large primary bedroom with plenty of closet space and access to full bath. Laundry is also on second level. Full basement is a great space which offers plenty of storage or bring your ideas for finishing. The new features within the last 10 years include New windows, new driveway, new fence, New roof , new windows, new patio door ,new paver patio & leaf gutter guards. If that is not enough also in 2020 new furnace and air and in 2021 new hot water heater. Large unfinished basement. One of the biggest yards on the street and close to parks and walking paths. Beautiful paver patio and fenced yard. Hurry on this one !
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$177
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1987

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 748
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,124
  • Total Building Area: 2,244
  • Building Area: 1,496
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,496
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING CREEK FARMS UNIT 3
  • Land Acres: 0000000301
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0029966 LT 51 SPRING CREEK FARMS UNIT 3

Neighborhood

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

Geography

  • Parcel: 19-35-128-008
  • Block: 128
  • Lot: 51
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1674
  • Longitude: -88.2683

    Address

  • Full Address: 645 Applewood Ln
  • Legal Unit: 3
  • Address - House Number: 645
  • Address - Street Name: Applewood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C009
  • 4-Digit Zip Code: 3944
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $594,894
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 322,039
  • High Value: 371,451
  • Low Value: 272,627

    Market Valuation

  • Market Total Value: $226,104
  • Market Land Value: $62,298
  • Market Improvement Value: $163,806

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,368
  • Assessed Land Value: $20,766
  • Assessed Improvements Value: $54,602

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021R0029966

    Financing

  • First Mortgage Financing Type: FIX
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 Spring Creek Farms

Stats & Trends

Median Asking:

$394,990

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

39

Average Home Size

2145 ft²

Average Home Age

39 years

Currently For Sale

1 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 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
Unit for rent at 1205 Glenmont Street, Algonquin, IL, 60102

$2,990 /mo

  • 3 Beds
  • 2 Baths
  • 1,840 ft²
1205 Glenmont Street, Algonquin, IL, 60102 Listing by Yuriy Nydza
Unit for rent at 131 Silverstone Drive, Carpentersville, IL, 60110

$2,150 /mo

  • 2 Beds
  • 2 Baths
  • 1,150 ft²
131 Silverstone Drive #131, Carpentersville, IL, 60110 Listing by Arthur Stec

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jane Herrick Corder, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD11045028
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 645 Applewood Lane built and last sold?
The property at 645 Applewood Lane was built in 1987 and last sold on Apr 30, 2021 for $265,000.
How much is this home worth?
The estimated value of the home located at 645 Applewood Lane is $0.
What are some comparable homes to 645 Applewood Lane?
There are currently no comparable homes to 645 Applewood Lane.
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