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Algonquin 60102 Spring Creek Farms
835 Tanglewood Drive
$253,000
● House - Off Market

835 Tanglewood Drive

Algonquin, IL 60102
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,710 Ft²
$299,343
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Fantastic community and a wonderful 3 bedroom, 1 1/2 bathroom split level house. Updated bathrooms and New flooring in the living area and stairs gives a fresh modern feeling when entering. It is inviting with its large yard and enclosed patio for summer entertaining. Enjoy fruit trees on your own property. This home has new appliances and a brand new water heater.  Minutes away from the Fox River and the downtown Algonquin restaurants and entertainment. Easy commute to public transportation. Attached 2 car garage with a large driveway for guests to park. Bring your decorating ideas and make the yard and patio a summer of fun to remember. Seller is offering a flooring allowance for new owner to update to their taste.
Unit Size
1,710 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$151
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1981

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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.

Last updated: 3 years ago (MRED MLS #11077055)

Price History

Date / Event Date Event Price
Jul 1, 2021 Sold
Premium
Sold
May 4, 2021 Listed by Real People Realty, Inc. $259,000
Listed by Real People Realty, Inc.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • 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: 900
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,643
  • Total Building Area: 2,178
  • Building Area: 1,710
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,710
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING CREEK FARMS UNIT 1
  • Land Acres: 0000000267
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0042317 LT 88 SPRING CREEK FARMS UNIT 1 MEMO: BARTH, ALEJANDRO/ZAPRZALKA, JACQUELINE

Neighborhood

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

Geography

  • Parcel: 19-35-152-011
  • Block: 152
  • Lot: 88
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1654
  • Longitude: -88.2738

    Address

  • Full Address: 835 Tanglewood Dr
  • Legal Unit: 1
  • Address - House Number: 835
  • Address - Street Name: Tanglewood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C009
  • 4-Digit Zip Code: 3914
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $589,680
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 312,270
  • High Value: 364,926
  • Low Value: 259,615

    Market Valuation

  • Market Total Value: $224,280
  • Market Land Value: $62,298
  • Market Improvement Value: $161,982

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,760
  • Assessed Land Value: $20,766
  • Assessed Improvements Value: $53,994

    Sales

  • Current Sale Contract Date: Jun 29, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0042317
  • Previous Sale Recording Date: Sep 20, 2018
  • Previous Sale Contract Date: Sep 12, 2018
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: 71
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:

$392,495

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

36

Average Home Size

1865 ft²

Average Home Age

27.9 years

Currently For Sale

0 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 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Donna Njaastad, Real People Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11077055
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 835 Tanglewood Drive built and last sold?
The property at 835 Tanglewood Drive was built in 1981 and last sold on Jun 29, 2021 for $253,000.
How much is this home worth?
The estimated value of the home located at 835 Tanglewood Drive is $0.
What are some comparable homes to 835 Tanglewood Drive?
There are currently no comparable homes to 835 Tanglewood Drive.
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