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500 Somerset Ct; Algonquin, IL Property Details

500 Somerset Ct, Algonquin, IL is a Residential General that was built in 1983. This property is currently Financed,Intra-Family and is not for sale. Our records show that 500 Somerset Ct has 2 bedrooms, and 2.5 bathrooms, and a total of 1,362 square feet. The lot size of 500 Somerset Ct is 12,000 square feet.

Off market  •   Pre Probate ✓
500 Somerset Ct Algonquin, IL 60102
$92,216 Estimated Value
2 Beds
2.5 Baths
1,362 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1983
  • Open Loans / Balance: 1 / $56,840
  • Est. Equity / %: $311,160 / 84.55%
  • Gross Yield: 9.02%
  • APN: 19-33-104-019
  • Situs County: Mchenry
  • Length Of Ownership: 22 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 1

Measurements

  • Total: 1,362/SqFt
  • Lot: 12,000/SqFt
  • Living: 1,362/SqFt
  • Basement: 396/SqFt
  • Building: 1,362/SqFt
  • Ground: 966/SqFt

Legal Description

  • Description: DOC 2004R0007677 LT 429 HIGH HILL FARMS UNIT 4
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Community Unit School District 300
  • Lat / Lon: 42.166985 / -88.31447
  • Subdivision: High Hill Farms Unit 4
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1942
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

500 Somerset Ct has no associated ownership info
500 Somerset Ct has no associated ownership info.

Taxes

500 Somerset Ct has 10 associated Taxes items

500 Somerset Ct, Algonquin, IL pays taxes in Mchenry County, IL. The most recent tax assessment records are from 2024 and show that the current assessed value of the property is $92,216. The APN we've located for 500 Somerset Ct is 19-33-104-019.

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Taxes
  • Assessed Value:  $92,216
  • Assessed Year:  2024
  • Assessed County:  Mchenry
  • APN:  19-33-104-019
  • Assessed Land Value:  24223
  • Market Land Value:  72669
  • Tax Amount:  6587.94
  • Tax Year:  2024
  • Market Value:  276648
  • Market Year:  2024

Tax History

500 Somerset Ct has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $92,216 Land Value $24,223 Improvement Value $67,993 Tax Amount $6,587.94 Change Rate +0.056705% Assessed CR Tax Rate +0.07144%
Year 2023 Assessed Value $82,475 Land Value $21,664 Improvement Value $60,811 Tax Amount $6,234.42 Change Rate +0.120207% Assessed CR Tax Rate +0.075592%
Year 2022 Assessed Value $70,896 Land Value $21,044 Improvement Value $49,852 Tax Amount $5,565.42 Change Rate +0.044514% Assessed CR Tax Rate +0.078501%
Year 2021 Assessed Value $66,048 Land Value $19,605 Improvement Value $46,443 Tax Amount $5,328.24 Change Rate +0.028233% Assessed CR Tax Rate +0.080672%
Year 2020 Assessed Value $63,710 Land Value $18,911 Improvement Value $44,799 Tax Amount $5,181.94 Change Rate +0.026472% Assessed CR Tax Rate +0.081336%
Year 2019 Assessed Value $60,978 Land Value $18,100 Improvement Value $42,878 Tax Amount $5,048.3 Change Rate +0.052304% Assessed CR Tax Rate +0.082789%
Year 2018 Assessed Value $56,331 Land Value $16,721 Improvement Value $39,610 Tax Amount $4,797.38 Change Rate +0.044885% Assessed CR Tax Rate +0.085164%
Year 2017 Assessed Value $53,067 Land Value $15,752 Improvement Value $37,315 Tax Amount $4,591.3 Change Rate -0.002542% Assessed CR Tax Rate +0.086519%
Year 2016 Assessed Value $49,772 Land Value $14,774 Improvement Value $34,998 Tax Amount $4,603 Change Rate +0.023881% Assessed CR Tax Rate +0.092482%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $4,495.64 Change Rate -0.017484% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $4,575.64 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $48,104 Land Value $13,783 Improvement Value $34,321 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $2,154.56 Change Rate Assessed CR Tax Rate