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541 Terrace Dr; Algonquin, IL Property Details

541 Terrace Dr, Algonquin, IL is a Residential General that was built in 1992. This property is currently Financed and is not for sale. Our records show that 541 Terrace Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,283 square feet. The lot size of 541 Terrace Dr is 11,600 square feet.

Off market
541 Terrace Dr Algonquin, IL 60102
$122,804 Estimated Value
4 Beds
2.5 Baths
2,283 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1992
  • Purchase Price: $191,000
  • Open Loans / Balance: 1 / $182,976
  • Est. Equity / %: $276,024 / 60.14%
  • Gross Yield: 8.458%
  • APN: 19-33-127-005
  • Situs County: Mchenry
  • Length Of Ownership: 29 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,283/SqFt
  • Lot: 11,600/SqFt
  • Living: 2,283/SqFt
  • Basement: 1,234/SqFt
  • Building: 3,517/SqFt
  • Ground: 1,260/SqFt
  • Price Per Square Foot: $83.66

Legal Description

  • Description: DOC 96R059833 LT 541 HIGH HILL FARMS UNIT 6
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: 42.16582 / -88.31095
  • Subdivision: High Hill Farms Unit 6
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1934
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

541 Terrace Dr has 10 associated Taxes items

541 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 $122,804. The APN we've located for 541 Terrace Dr is 19-33-127-005.

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Taxes
  • Assessed Value:  $122,804
  • Assessed Year:  2024
  • Assessed County:  Mchenry
  • APN:  19-33-127-005
  • Assessed Land Value:  24013
  • Market Land Value:  72039
  • Tax Amount:  8354.92
  • Tax Year:  2024
  • Market Value:  368412
  • Market Year:  2024

Tax History

541 Terrace Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $122,804 Land Value $24,013 Improvement Value $98,791 Tax Amount $8,354.92 Change Rate +0.063657% Assessed CR Tax Rate +0.068035%
Year 2023 Assessed Value $109,833 Land Value $21,477 Improvement Value $88,356 Tax Amount $7,854.9 Change Rate -0.103% Assessed CR Tax Rate +0.071517%
Year 2022 Assessed Value $113,110 Land Value $21,044 Improvement Value $92,066 Tax Amount $8,756.86 Change Rate +0.0457% Assessed CR Tax Rate +0.077419%
Year 2021 Assessed Value $105,375 Land Value $19,605 Improvement Value $85,770 Tax Amount $8,374.16 Change Rate +0.02886% Assessed CR Tax Rate +0.07947%
Year 2020 Assessed Value $101,645 Land Value $18,911 Improvement Value $82,734 Tax Amount $8,139.26 Change Rate +0.02728% Assessed CR Tax Rate +0.080075%
Year 2019 Assessed Value $97,286 Land Value $18,100 Improvement Value $79,186 Tax Amount $7,923.12 Change Rate +0.053915% Assessed CR Tax Rate +0.081442%
Year 2018 Assessed Value $89,872 Land Value $16,721 Improvement Value $73,151 Tax Amount $7,517.8 Change Rate +0.008906% Assessed CR Tax Rate +0.08365%
Year 2017 Assessed Value $84,665 Land Value $15,752 Improvement Value $68,913 Tax Amount $7,451.44 Change Rate -0.034723% Assessed CR Tax Rate +0.088011%
Year 2016 Assessed Value $79,408 Land Value $14,774 Improvement Value $64,634 Tax Amount $7,719.48 Change Rate +0.02011% Assessed CR Tax Rate +0.097213%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $7,567.3 Change Rate +0.063435% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $7,115.9 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $71,333 Land Value $13,783 Improvement Value $57,550 Tax Amount Change Rate Assessed CR Tax Rate