Large Location Icon

540 Somerset Ct; Algonquin, IL Property Details

540 Somerset Ct, Algonquin, IL is a Residential General that was built in 1983. This property is currently Financed and is not for sale. Our records show that 540 Somerset Ct has 2 bedrooms, and 1 bathroom, and a total of 1,362 square feet. The lot size of 540 Somerset Ct is 10,209 square feet.

Off market
540 Somerset Ct Algonquin, IL 60102
$212,000 Listing Price
2 Beds
1 Baths
1,362 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Purchase Price: $212,000
  • Open Loans / Balance: 2 / $179,143
  • Est. Equity / %: $192,857 / 51.84%
  • Gross Yield: 8.487%
  • APN: 19-33-104-023
  • Situs County: Mchenry
  • Length Of Ownership: 9 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1

Measurements

  • Total: 1,362/SqFt
  • Lot: 10,209/SqFt
  • Living: 1,362/SqFt
  • Basement: 966/SqFt
  • Building: 1,932/SqFt
  • Ground: 966/SqFt
  • Price Per Square Foot: $155.65

Legal Description

  • Description: DOC 2017R0020922 LT 433 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: 42.166122 / -88.31451
  • 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

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

Taxes

540 Somerset Ct has 10 associated Taxes items

540 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 $87,736. The APN we've located for 540 Somerset Ct is 19-33-104-023.

Unlock the full report
Taxes
  • Assessed Value:  $87,736
  • Assessed Year:  2024
  • Assessed County:  Mchenry
  • APN:  19-33-104-023
  • Assessed Land Value:  23388
  • Market Land Value:  70164
  • Tax Amount:  6237.48
  • Tax Year:  2024
  • Market Value:  263208
  • Market Year:  2024

Tax History

540 Somerset Ct has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $87,736 Land Value $23,388 Improvement Value $64,348 Tax Amount $6,237.48 Change Rate +0.057368% Assessed CR Tax Rate +0.071094%
Year 2023 Assessed Value $78,469 Land Value $20,918 Improvement Value $57,551 Tax Amount $5,899.06 Change Rate +0.039966% Assessed CR Tax Rate +0.075177%
Year 2022 Assessed Value $72,143 Land Value $21,044 Improvement Value $51,099 Tax Amount $5,672.36 Change Rate +0.044376% Assessed CR Tax Rate +0.078627%
Year 2021 Assessed Value $67,210 Land Value $19,605 Improvement Value $47,605 Tax Amount $5,431.34 Change Rate +0.028157% Assessed CR Tax Rate +0.080811%
Year 2020 Assessed Value $64,831 Land Value $18,911 Improvement Value $45,920 Tax Amount $5,282.6 Change Rate +0.026381% Assessed CR Tax Rate +0.081483%
Year 2019 Assessed Value $62,051 Land Value $18,100 Improvement Value $43,951 Tax Amount $5,146.82 Change Rate +0.052124% Assessed CR Tax Rate +0.082945%
Year 2018 Assessed Value $57,322 Land Value $16,721 Improvement Value $40,601 Tax Amount $4,891.84 Change Rate +0.176489% Assessed CR Tax Rate +0.08534%
Year 2017 Assessed Value $54,001 Land Value $15,752 Improvement Value $38,249 Tax Amount $4,158 Change Rate -0.00272% Assessed CR Tax Rate +0.076999%
Year 2016 Assessed Value $50,648 Land Value $14,774 Improvement Value $35,874 Tax Amount $4,169.34 Change Rate +0.033565% Assessed CR Tax Rate +0.08232%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $4,033.94 Change Rate +0.02661% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,929.38 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $47,415 Land Value $13,783 Improvement Value $33,632 Tax Amount Change Rate Assessed CR Tax Rate