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1040 Prairie Drive

1040 Prairie Drive, Algonquin, IL 60102
Property in Glenmoor
Sold Nov 08, 2021
$275,000
$220,000 by Great Lakes Cu
Mortgage Due Nov 01, 2051
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Local assessors in Algonquin, IL have categorized 1040 Prairie Drive as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 10,050 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1040 Prairie Drive has a total of 1,530 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1040 Prairie Drive was last sold in Oct 15, 2021 for $275,000. According to our calculations, that's $89.87 per sqft. Current property owners are expected to pay $6,501 in taxes per year. The property on 1040 Prairie Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $81,803. To break that down further, the land itself was valued at $20,766. While improvements to the property were assessed at a total of $61,037. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,530
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,050
  • Total Building Area: 3,060
  • Building Area: 1,530
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,530
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GLENMOOR SUB
  • Land Acres: 0.231
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2021R0060470 LT 12 BLK 8 GLENMOOR SUB UNIT III

Ownership

  • Current Owner : WARREN KIMBERLY A
  • Previous Owner : THE SAPUTA FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Geography

  • Parcel: 19-35-251-012
  • Block: 8
  • Lot: 12
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1627
  • Longitude: -88.2657

    Address

  • Full Address: 1040 Prairie Dr
  • Legal Unit: 3
  • Address - House Number: 1040
  • Address - Street Name: Prairie
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C009
  • 4-Digit Zip Code: 4288
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,501
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 320,931
  • High Value: 373,798
  • Low Value: 268,064

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: GREAT LAKES CU
  • First Open Lien Mortgage Recording Date: Nov 08, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $220,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $245,409
  • Market Land Value: $62,298
  • Market Improvement Value: $183,111

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,803
  • Assessed Land Value: $20,766
  • Assessed Improvements Value: $61,037

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Transaction ID: 11864469470
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0060470

    Last Sale Mortgage

  • First Mortgage Lender: GREAT LAKES CU
  • First Mortgage Transaction Date: Nov 08, 2021
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Glenmoor



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Nearby Rentals

Unit for rent at 1006 S Fox Trails Drive, Cary, IL, 60013

$2,900 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,502 ft²
1006 S Fox Trails Drive, Cary, IL, 60013 Listing by Kasia Conway

Frequently Asked Questions

What neighborhood is 1040 Prairie Drive located in?
The 1040 Prairie Drive is a located in the neighborhood of Glenmoor in Glenmoor, Algonquin.
What is the average sales price for listings in 1040 Prairie Drive?
The average sales price for units in 1040 Prairie Drive is $0 currently.

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