See Home Value
$267,000
● House - Off Market

721 Mayfair Lane

Algonquin, IL 60102
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,750 Ft²
$238,993
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

***OFFER ACCEPTED**********  Buyers - Bring your toolbelt and ideas to make this your dream home. Investors - this could be a great opportunity to fix and flip. Ranch home with a full basement and 2 car attached garage.  Open floor plan. Fireplace. Nice sized lot/yard. Great location in Algonquin's Royal Hill neighborhood. Minutes to the Randall Road corridor for shopping, restaurants, all services and conveniences. Easy access to I 90.  Selling "As-is, Where is with All Faults".
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$134
Property Type
House
Property Taxes
$691
HOA Dues
-
Year Built
1991

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Last updated: 3 years ago (MRED MLS #11748517)

Price History

Date / Event Date Event Price
Oct 16, 2023 Sold
Sold
Jun 29, 2023 Listed by Your Choice Real Estate Serv $365,000
Listed by Your Choice Real Estate Serv
Located in Algonquin's Royal Hill subdivision this ranch home features 3 bedrooms and 2 full baths on the main floor with a full finished 1750 square foot basement. Basement features a huge rec room area, an additional full bath, 4th bedroom and bonus room that can be used as an office or 5th bedroom. 2 separate storage areas. New carpet throughout the home and all rooms freshly painted. Hardwoods in the foyer, kitchen, family room, and 2 bedrooms. Brick fireplace in the family room. The kitchen opens to the eat in area and family room. Separate living and dining area with sliders that open to a new patio and large yard. Vaulted ceilings with skylight. Large front door double entry/foyer features a large guest closet. Front porch area has an overhang and room to sit and relax. First floor laundry. Great schools and minutes to the Randall Road corridor and all its restaurants, shopping and services. Easy access to I90 and major roads. Move in and enjoy!
Apr 28, 2023 Sold
Sold
Mar 30, 2023 Listed by Your Choice Real Estate Serv $234,900
Listed by Your Choice Real Estate Serv

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,750
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,404
  • Total Building Area: 3,500
  • Building Area: 1,750
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,750
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGH HILL FARMS UNIT 8
  • Land Acres: 0000000239
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2020R0004194 LT 509 HIGH HILL FARMS UNIT 8

Neighborhood

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

Geography

  • Parcel: 19-32-228-009
  • Block: 228
  • Lot: 509
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1646
  • Longitude: -88.3173

    Address

  • Full Address: 721 Mayfair Ln
  • Legal Unit: 8
  • Address - House Number: 721
  • Address - Street Name: Mayfair
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C001
  • 4-Digit Zip Code: 4306
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $872,945
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 357,422
  • High Value: 416,374
  • Low Value: 298,470

    Market Valuation

  • Market Total Value: $300,858
  • Market Land Value: $63,132
  • Market Improvement Value: $237,726

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,286
  • Assessed Land Value: $21,044
  • Assessed Improvements Value: $79,242

    Sales

  • Current Sale Contract Date: Sep 25, 2023
  • Current Sale Recording Date: Oct 17, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 26341
  • Previous Sale Recording Date: May 11, 2023
  • Previous Sale Contract Date: Apr 20, 2023
  • Previous Sale Amount: $267,000
  • Previous Sale Document Type: 68
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


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Unit for rent at 1410 Grandview Court, Algonquin, IL, 60102

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Frequently Asked Questions

When was property at 721 Mayfair Lane built and last sold?
The property at 721 Mayfair Lane was built in 1991 and last sold on Sep 25, 2023 for $350,000.
How much is this home worth?
The estimated value of the home located at 721 Mayfair Lane is $367,893.
What are some comparable homes to 721 Mayfair Lane?
There are currently no comparable homes to 721 Mayfair Lane.