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551 Terrace Dr; Algonquin, IL Property Details

551 Terrace Dr, Algonquin, IL is a Residential General that was built in 1990. This property is currently Financed and is not for sale. Our records show that 551 Terrace Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,941 square feet. The lot size of 551 Terrace Dr is 11,600 square feet.

Off market
551 Terrace Dr Algonquin, IL 60102
$415,000 Listing Price
4 Beds
2.5 Baths
2,941 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1990
  • Purchase Price: $415,000
  • Open Loans / Balance: 1 / $313,257
  • Est. Equity / %: $204,743 / 39.53%
  • Gross Yield: 8.697%
  • APN: 19-33-127-006
  • Situs County: Mchenry
  • Length Of Ownership: 3 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 11
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Combination
  • Pool Type: Yes
  • Water Source: Municipal

Measurements

  • Total: 2,941/SqFt
  • Lot: 11,600/SqFt
  • Living: 2,941/SqFt
  • Basement: 996/SqFt
  • Building: 3,141/SqFt
  • Ground: 996/SqFt
  • Price Per Square Foot: $141.11

Legal Description

  • Description: DOC 2022R0030235 LT 540 HIGH HILL FARMS UNIT 6 MEMO: GEIGER, KENNETH E/ KANE, ADRIENNE M
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: 42.165604 / -88.31097
  • Subdivision: High Hill Farms Unit 6
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Heating Fuel Type: Gas
  • Pool: true
  • Plus Four: 1934
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

551 Terrace Dr has 10 associated Taxes items

551 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 $142,484. The APN we've located for 551 Terrace Dr is 19-33-127-006.

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Taxes
  • Assessed Value:  $142,484
  • Assessed Year:  2024
  • Assessed County:  Mchenry
  • APN:  19-33-127-006
  • Assessed Land Value:  24017
  • Market Land Value:  72051
  • Tax Amount:  9894.42
  • Tax Year:  2024
  • Market Value:  427452
  • Market Year:  2024

Tax History

551 Terrace Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $142,484 Land Value $24,017 Improvement Value $118,467 Tax Amount $9,894.42 Change Rate -0.01036% Assessed CR Tax Rate +0.069442%
Year 2023 Assessed Value $127,434 Land Value $21,480 Improvement Value $105,954 Tax Amount $9,998 Change Rate +0.010939% Assessed CR Tax Rate +0.078456%
Year 2022 Assessed Value $121,321 Land Value $21,044 Improvement Value $100,277 Tax Amount $9,889.82 Change Rate +0.041402% Assessed CR Tax Rate +0.081518%
Year 2021 Assessed Value $113,025 Land Value $19,605 Improvement Value $93,420 Tax Amount $9,496.64 Change Rate +0.026575% Assessed CR Tax Rate +0.084022%
Year 2020 Assessed Value $109,024 Land Value $18,911 Improvement Value $90,113 Tax Amount $9,250.8 Change Rate +0.024363% Assessed CR Tax Rate +0.084851%
Year 2019 Assessed Value $104,349 Land Value $18,100 Improvement Value $86,249 Tax Amount $9,030.78 Change Rate +0.048102% Assessed CR Tax Rate +0.086544%
Year 2018 Assessed Value $96,397 Land Value $16,721 Improvement Value $79,676 Tax Amount $8,616.32 Change Rate +0.037453% Assessed CR Tax Rate +0.089384%
Year 2017 Assessed Value $90,812 Land Value $15,752 Improvement Value $75,060 Tax Amount $8,305.26 Change Rate -0.002469% Assessed CR Tax Rate +0.091456%
Year 2016 Assessed Value $85,174 Land Value $14,774 Improvement Value $70,400 Tax Amount $8,325.82 Change Rate +0.019706% Assessed CR Tax Rate +0.097751%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $8,164.92 Change Rate +0.150391% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $7,097.52 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $68,369 Land Value $13,783 Improvement Value $54,586 Tax Amount Change Rate Assessed CR Tax Rate