See Home Value
$363,642*
House - Off Market

721 Mayfair Lane

Algonquin, IL 60102
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1750 Sqft
$329,000 - $401,000
Reference Base Price*
-0.37%
Since Nov 1, 2023
National-US
Primary Model
Sold Oct 17, 2023
$350,000
$332,500 by Loandepot.com, Llc
Mortgage Due Nov 01, 2053
Sold May 11, 2023
$267,000

About This Property

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!

The manager has listed the unit size as 1750 square feet.
Unit Size
1,750Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$209
Property Type
House
Property Taxes
$727
HOA Dues
-
Year Built
1991

Price History

Date / Event Date Event Price
Oct 20, 2023 No longer available -
No longer available
Oct 17, 2023 Sold to Guillermina Altamirano $350,000
Sold to Guillermina Altamirano
Aug 29, 2023 In contract -
In contract
Aug 12, 2023 Relisted $365,000
Relisted
Aug 10, 2023 In contract -
In contract
Show More

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 Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,750
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

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

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,750
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HIGH HILL FARMS UNIT 8
  • Land Acres: 0.239
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2020R0004194 LT 509 HIGH HILL FARMS UNIT 8

Ownership

  • Current Owner : ALTAMIRANO GUILLERMINA
  • Previous Owner : HOSSTON PROPERTIES INC
  • Owner Before Previous Owner: COMMUNITYAMERICA CREDITUNION
  • Ownership Rights Codes: Joint Tenants
  • Vacant Flag Date: Apr 03, 2024

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: $8,729
  • Intital Tax Deliquent 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

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,500
  • First Open Lien Mortgage Lender: LOANDEPOT.COM, LLC
  • First Open Lien Mortgage Recording Date: Oct 17, 2023
  • First Open Lien Mortgage Loan Amount: $332,500
  • 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: Nov 01, 2053

    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 Transaction ID: 11914996573
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • 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: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM, LLC
  • First Mortgage Transaction Date: Oct 17, 2023
  • First Mortgage Loan Amount: $332,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,810 ft²
$193/ft²
$350,000 Jun 6, 2023
-
$560/mo
House
4 Beds
2.5 Baths
2,242 ft²
$165/ft²
$369,900 Aug 10, 2023
-
$761/mo
House
4 Beds
2.5 Baths
2,434 ft²
$164/ft²
$399,900 Jul 30, 2023
-
$660/mo
House
4 Beds
2.5 Baths
3,100 ft²
$135/ft²
$419,000 Aug 15, 2023
-
$658/mo

About High Hill Farms


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Nearby Rentals



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 $364,334.
What are some comparable homes to 721 Mayfair Lane?
There are currently no comparable homes to 721 Mayfair Lane.

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