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505 Somerset Ct; Algonquin, IL Property Details

505 Somerset Ct, Algonquin, IL is a Residential General that was built in 1983. This property is currently a cash purchase and is not for sale. Our records show that 505 Somerset Ct has 3 bedrooms, and 1.5 bathrooms, and a total of 1,595 square feet. The lot size of 505 Somerset Ct is 11,897 square feet.

Off market
505 Somerset Ct Algonquin, IL 60102
$97,186 Estimated Value
3 Beds
1.5 Baths
1,595 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Purchase Price: $185,000
  • Open Loans / Balance: 1 / $21,003
  • Est. Equity / %: $356,997 / 94.44%
  • Gross Yield: 8.705%
  • APN: 19-33-103-001
  • Situs County: Mchenry
  • Length Of Ownership: 16 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Water Source: Municipal

Measurements

  • Total: 1,595/SqFt
  • Lot: 11,897/SqFt
  • Living: 1,595/SqFt
  • Building: 1,595/SqFt
  • Ground: 970/SqFt
  • Price Per Square Foot: $115.99

Legal Description

  • Description: DOC 2010R0019027 LT 454 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: 42.16697 / -88.31387
  • Subdivision: High Hill Farms Unit 4
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1941
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

505 Somerset Ct has 10 associated Taxes items

505 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 $97,186. The APN we've located for 505 Somerset Ct is 19-33-103-001.

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Taxes
  • Assessed Value:  $97,186
  • Assessed Year:  2024
  • Assessed County:  Mchenry
  • APN:  19-33-103-001
  • Assessed Land Value:  24164
  • Market Land Value:  72492
  • Tax Amount:  7602.54
  • Tax Year:  2024
  • Market Value:  291558
  • Market Year:  2024

Tax History

505 Somerset Ct has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $97,186 Land Value $24,164 Improvement Value $73,022 Tax Amount $7,602.54 Change Rate +0.044839% Assessed CR Tax Rate +0.078227%
Year 2023 Assessed Value $86,921 Land Value $21,612 Improvement Value $65,309 Tax Amount $7,276.28 Change Rate +0.161391% Assessed CR Tax Rate +0.083711%
Year 2022 Assessed Value $73,055 Land Value $21,044 Improvement Value $52,011 Tax Amount $6,265.14 Change Rate +0.037436% Assessed CR Tax Rate +0.085759%
Year 2021 Assessed Value $68,059 Land Value $19,605 Improvement Value $48,454 Tax Amount $6,039.06 Change Rate +0.024455% Assessed CR Tax Rate +0.088733%
Year 2020 Assessed Value $65,650 Land Value $18,911 Improvement Value $46,739 Tax Amount $5,894.9 Change Rate Assessed CR Tax Rate +0.089793%
Year 2019 Assessed Value $62,835 Land Value $18,100 Improvement Value $44,735 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $58,047 Land Value $16,721 Improvement Value $41,326 Tax Amount $5,532.84 Change Rate Assessed CR Tax Rate +0.095317%
Year 2017 Assessed Value $54,684 Land Value $15,752 Improvement Value $38,932 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $51,289 Land Value $14,774 Improvement Value $36,515 Tax Amount $2,696.74 Change Rate +0.014586% Assessed CR Tax Rate +0.052579%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,657.97 Change Rate -0.034974% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,754.3 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $50,371 Land Value $13,783 Improvement Value $36,588 Tax Amount Change Rate Assessed CR Tax Rate