See Home Value
$575,000
● House - Off Market

700 Fairfield Lane

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,772 Ft²
$3,661
Est. Monthly
5.91%
Cap Rate

About This Property

Welcome to 700 Fairfield! A Fully Renovated, Turnkey Home Offering Exceptional Value and Style.  This stunning residence has been meticulously renovated from the studs out, delivering a like-new home experience. Every detail has been carefully considered from brand-new drywall, electrical, and plumbing, to new 3" wide-plank hardwood floors, stylish fixtures, and fresh paint throughout.  The heart of the home is the chef-inspired kitchen, featuring crisp white cabinetry, new appliances, quartz countertops, a large center island with seating, and an open layout perfect for entertaining. The living areas are bright and modern, centered around a freshly updated fireplace and versatile spaces, including a dedicated home office on the main level.  Retreat to the vaulted primary suite, complete with abundant natural light, ample closet space, and a luxury spa-inspired ensuite bath with a large soaking tub, separate shower, heated bidet toilet, towel warmer, and skylights. All bathrooms have been thoughtfully updated with high-end finishes.  The fully finished lower level offers flexible use, whether you envision a fitness studio, bar, or recreation room! Additional upgrades include a new AC (2024), new water heater, light fixtures, plumbing fixtures, front landscaping, refinished two-tiered deck, and finished garage. Located on a quiet, tree-lined street, this home offers unmatched quality, comfort, and style. A rare find, don't miss the opportunity to own a home that feels brand new without the new construction price tag.  The seller is also open to selling all the furnishings, making this home truly move-in ready.
Unit Size
2,772 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$207
Property Type
House
Property Taxes
$837
HOA Dues
-
Year Built
1990

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • 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: 13
  • Exterior Walls Type: 19
  • 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: 738
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,286
  • Total Building Area: 3,510
  • Building Area: 2,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,772
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGH HILL FARMS UNIT 8
  • Land Acres: 0000000236
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0010070 LT 540 HIGH HILL FARMS UNIT 8

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871206

Geography

  • Parcel: 19-32-227-008
  • Block: 227
  • Lot: 540
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1653
  • Longitude: -88.3185

    Address

  • Full Address: 700 Fairfield Ln
  • Legal Unit: 8
  • Address - House Number: 700
  • Address - Street Name: Fairfield
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C001
  • 4-Digit Zip Code: 4301
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,014,898
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 457,683
  • High Value: 526,801
  • Low Value: 388,564

    Market Valuation

  • Market Total Value: $355,029
  • Market Land Value: $63,132
  • Market Improvement Value: $291,897

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $118,343
  • Assessed Land Value: $21,044
  • Assessed Improvements Value: $97,299

    Sales

  • Current Sale Contract Date: May 23, 2023
  • Current Sale Recording Date: Jul 06, 2023
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 16227
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 High Hill Farms


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2240 Barrett Drive, Algonquin, IL, 60102

$3,700 /mo

  • 4 Beds
  • 3 Baths
  • 2,810 ft²
2240 Barrett Drive, Algonquin, IL, 60102 Listing by Jennifer Ambrose


Frequently Asked Questions

When was property at 700 Fairfield Lane built and last sold?
The property at 700 Fairfield Lane was built in 1990 and last sold on May 23, 2023 for $337,500.
How much is this home worth?
The estimated value of the home located at 700 Fairfield Lane is $0.
What are some comparable homes to 700 Fairfield Lane?
There are currently no comparable homes to 700 Fairfield Lane.