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522 Terrace Dr; Algonquin, IL Property Details

522 Terrace Dr, 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 522 Terrace Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,229 square feet. The lot size of 522 Terrace Dr is 9,600 square feet.

Off market
522 Terrace Dr Algonquin, IL 60102
$305,000 Listing Price
3 Beds
1.5 Baths
1,229 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1983
  • Purchase Price: $305,000
  • Est. Equity / %: $361,000 / 100%
  • Gross Yield: 8.45%
  • APN: 19-33-104-039
  • Situs County: Mchenry
  • Length Of Ownership: 2 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Stories: 2

Measurements

  • Total: 1,229/SqFt
  • Lot: 9,600/SqFt
  • Living: 1,229/SqFt
  • Building: 1,229/SqFt
  • Ground: 653/SqFt
  • Price Per Square Foot: $248.17

Legal Description

  • Description: DOC 2023R0025158 LT 408 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: 42.166298 / -88.3116
  • Subdivision: High Hill Farms Unit 4
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1935
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

522 Terrace Dr has no associated ownership info
522 Terrace Dr has no associated ownership info.

Taxes

522 Terrace Dr has 10 associated Taxes items

522 Terrace Dr, 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 $88,808. The APN we've located for 522 Terrace Dr is 19-33-104-039.

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Taxes
  • Assessed Value:  $88,808
  • Assessed Year:  2024
  • Assessed County:  Mchenry
  • APN:  19-33-104-039
  • Assessed Land Value:  22359
  • Market Land Value:  67077
  • Tax Amount:  6947.16
  • Tax Year:  2024
  • Market Value:  266424
  • Market Year:  2024

Tax History

522 Terrace Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $88,808 Land Value $22,359 Improvement Value $66,449 Tax Amount $6,947.16 Change Rate +0.125021% Assessed CR Tax Rate +0.078227%
Year 2023 Assessed Value $73,767 Land Value $19,997 Improvement Value $53,770 Tax Amount $6,175.14 Change Rate +0.138266% Assessed CR Tax Rate +0.083711%
Year 2022 Assessed Value $63,259 Land Value $21,044 Improvement Value $42,215 Tax Amount $5,425.04 Change Rate +0.037431% Assessed CR Tax Rate +0.085759%
Year 2021 Assessed Value $58,933 Land Value $19,605 Improvement Value $39,328 Tax Amount $5,229.3 Change Rate +0.024461% Assessed CR Tax Rate +0.088733%
Year 2020 Assessed Value $56,847 Land Value $18,911 Improvement Value $37,936 Tax Amount $5,104.44 Change Rate +0.021697% Assessed CR Tax Rate +0.089793%
Year 2019 Assessed Value $54,409 Land Value $18,100 Improvement Value $36,309 Tax Amount $4,996.04 Change Rate +0.042819% Assessed CR Tax Rate +0.091824%
Year 2018 Assessed Value $50,263 Land Value $16,721 Improvement Value $33,542 Tax Amount $4,790.9 Change Rate +0.189139% Assessed CR Tax Rate +0.095317%
Year 2017 Assessed Value $47,351 Land Value $15,752 Improvement Value $31,599 Tax Amount $4,028.88 Change Rate -0.00257% Assessed CR Tax Rate +0.085085%
Year 2016 Assessed Value $44,411 Land Value $14,774 Improvement Value $29,637 Tax Amount $4,039.26 Change Rate +0.025188% Assessed CR Tax Rate +0.090952%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,940.02 Change Rate -0.021239% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $4,025.52 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $43,074 Land Value $13,783 Improvement Value $29,291 Tax Amount Change Rate Assessed CR Tax Rate