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514 Summit St; Algonquin, IL Property Details

514 Summit St, Algonquin, IL is a Residential General that was built in 1960. This property is currently a cash purchase and is not for sale. Our records show that 514 Summit St has 3 bedrooms, and 2 bathrooms, and a total of 1,590 square feet. The lot size of 514 Summit St is 9,240 square feet.

Off market
514 Summit St Algonquin, IL 60102
$150,000 Listing Price
3 Beds
2 Baths
1,590 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1960
  • Purchase Price: $150,000
  • Est. Equity / %: $330,000 / 100%
  • Gross Yield: 10.102%
  • APN: 19-34-332-011
  • Situs County: Mchenry
  • Length Of Ownership: 11 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer

Measurements

  • Total: 1,590/SqFt
  • Lot: 9,240/SqFt
  • Living: 1,590/SqFt
  • Basement: 1,590/SqFt
  • Building: 3,180/SqFt
  • Ground: 1,590/SqFt
  • Price Per Square Foot: $94.34

Legal Description

  • Description: DOC 2022R0034544 LT 6 BLK 9 JANAKS 3RD ADDN MEMO: ASEN, KARL HEINZ TR - 50% INT/ ASEN, LORI ANN TR - 50% INT
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: 42.159492 / -88.29001
  • Subdivision: Janaks 3rd Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2851
  • Heating: Hot Water

Ownership Info

514 Summit St has no associated ownership info
514 Summit St has no associated ownership info.

Taxes

514 Summit St has 10 associated Taxes items

514 Summit St, 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 $92,864. The APN we've located for 514 Summit St is 19-34-332-011.

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Taxes
  • Assessed Value:  $92,864
  • Assessed Year:  2024
  • Assessed County:  Mchenry
  • APN:  19-34-332-011
  • Assessed Land Value:  11485
  • Market Land Value:  34455
  • Tax Amount:  6638.64
  • Tax Year:  2024
  • Market Value:  278592
  • Market Year:  2024

Tax History

514 Summit St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $92,864 Land Value $11,485 Improvement Value $81,379 Tax Amount $6,638.64 Change Rate +0.05661% Assessed CR Tax Rate +0.071488%
Year 2023 Assessed Value $83,055 Land Value $10,272 Improvement Value $72,783 Tax Amount $6,282.96 Change Rate +0.154909% Assessed CR Tax Rate +0.075648%
Year 2022 Assessed Value $69,436 Land Value $13,837 Improvement Value $55,599 Tax Amount $5,440.22 Change Rate +0.044677% Assessed CR Tax Rate +0.078349%
Year 2021 Assessed Value $64,688 Land Value $12,891 Improvement Value $51,797 Tax Amount $5,207.56 Change Rate -0.070557% Assessed CR Tax Rate +0.080503%
Year 2020 Assessed Value $62,398 Land Value $12,435 Improvement Value $49,963 Tax Amount $5,602.88 Change Rate Assessed CR Tax Rate +0.089793%
Year 2019 Assessed Value $59,723 Land Value $11,902 Improvement Value $47,821 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $55,171 Land Value $10,995 Improvement Value $44,176 Tax Amount $5,258.7 Change Rate +0.028275% Assessed CR Tax Rate +0.095316%
Year 2017 Assessed Value $51,975 Land Value $10,358 Improvement Value $41,617 Tax Amount $5,114.1 Change Rate +0.995248% Assessed CR Tax Rate +0.098395%
Year 2016 Assessed Value $48,748 Land Value $9,715 Improvement Value $39,033 Tax Amount $2,563.14 Change Rate -0.492699% Assessed CR Tax Rate +0.052579%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $5,052.5 Change Rate -0.049052% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $5,313.12 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $60,067 Land Value $9,063 Improvement Value $51,004 Tax Amount Change Rate Assessed CR Tax Rate