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Algonquin 60102 Cove
970 Estancia Lane
$480,000
● House - Off Market

970 Estancia Lane

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,348 Ft²
$3,597
Est. Monthly
$25
HOA / Fees
5.10%
Cap Rate

About This Property

MULTIPLE OFFERS RECEIVED!  HIGHEST & BEST DUE BY 9/24/24 BY MIDNIGHT W SELLERS DECIDING ON 9/25/24.  Welcome to this spacious 2-story, 4-bedroom, 3.1-bath brick home nestled in the highly desirable Coves subdivision. With 4,348 square feet of living space, this property offers a classic layout ideal for both relaxed living and entertaining. The home is ready for your design vision, as it is in need of updates and has had all carpets and appliances removed, giving you a fresh canvas to create your dream space.  On the main floor, you'll find a formal living and dining room perfect for hosting gatherings. The kitchen features an island and ample space for a table, overlooking a versatile bonus room. The family room provides generous space for everyday living, and a convenient laundry room/mudroom is located on this level for easy access from the garage.  Upstairs, all four bedrooms are situated, including a primary bedroom with a spacious ensuite bathroom. The finished basement enhances the living area with a recreation room, a den/office, a utility room, and a large unfinished storage space.  Set on just under half an acre, the lot offers plenty of room for outdoor activities and gardening. Please note that the property is being sold as-is by a company, with no survey provided.  This is an excellent opportunity to invest in a home with substantial potential in a sought-after neighborhood.
Unit Size
4,348 Ft²
Days on Market
-
Land Size
-
Price per sqft
$121
Property Type
House
Property Taxes
$994
HOA Dues
$25
Year Built
2002

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Last updated: 3 years ago (MRED MLS #12154738)

Price History

Date / Event Date Event Price
Oct 30, 2024 Sold
Sold
Sep 27, 2024 In contract -
In contract
Sep 16, 2024 Listed by Torg Realty Inc $524,900
Listed by Torg Realty Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,774
  • Garage Type: 7
  • Garage Square Area: 590
  • Parking Space Count: 0
  • Patio Type: 11
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,870
  • Total Building Area: 5,579
  • Building Area: 5,225
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 5,225
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE COVE UNIT II PHASE I
  • Land Acres: 0000000501
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2018R0016654 LT 30 THE COVE UNIT II PHASE I

Neighborhood

  • School District Name: Huntley Consolidated School District 158
  • Census Tract: 871107

Geography

  • Subdivision Phase Number: 1
  • Parcel: 18-36-403-005
  • Lot: 30
  • Municipality: GRAFTON TWP
  • Latitude: 42.1586
  • Longitude: -88.3607

    Address

  • Full Address: 970 Estancia Ln
  • Legal Unit: 2
  • Address - House Number: 970
  • Address - Street Name: Estancia
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C016
  • 4-Digit Zip Code: 6316
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,193,250
  • Tax Rate Code Area: 18018

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 562,880
  • High Value: 647,885
  • Low Value: 477,875

    Market Valuation

  • Market Total Value: $432,885
  • Market Land Value: $43,440
  • Market Improvement Value: $389,445

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $144,295
  • Assessed Land Value: $14,480
  • Assessed Improvements Value: $129,815

    Sales

  • Current Sale Contract Date: Nov 26, 2013
  • Current Sale Recording Date: Jan 27, 2014
  • Current Sale Price:
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 2014R0002831
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 Cove


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Frequently Asked Questions

When was property at 970 Estancia Lane built and last sold?
The property at 970 Estancia Lane was built in 2002 and last sold on Nov 26, 2013 for $226,000.
How much is this home worth?
The estimated value of the home located at 970 Estancia Lane is $543,859.
What are some comparable homes to 970 Estancia Lane?
There are currently no comparable homes to 970 Estancia Lane.