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701 Mayfair Ln; Algonquin, IL Property Details

701 Mayfair Ln, Algonquin, IL is a Residential General that was built in 1991. This property is currently a cash purchase and is not for sale. Our records show that 701 Mayfair Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,750 square feet. The lot size of 701 Mayfair Ln is 13,410 square feet.

Off market
701 Mayfair Ln Algonquin, IL 60102
$97,315 Estimated Value
3 Beds
2 Baths
1,750 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1991
  • Purchase Price: $258,000
  • Est. Equity / %: $393,000 / 100%
  • Gross Yield: 7.963%
  • APN: 19-32-228-007
  • Situs County: Mchenry
  • Length Of Ownership: 22 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Water Source: Municipal

Measurements

  • Total: 1,750/SqFt
  • Lot: 13,410/SqFt
  • Living: 1,750/SqFt
  • Basement: 1,750/SqFt
  • Building: 3,500/SqFt
  • Ground: 1,750/SqFt
  • Price Per Square Foot: $147.43

Legal Description

  • Description: DOC 2011R0021362 LT 507 HIGH HILL FARMS UNIT 8
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: 42.164597 / -88.31788
  • Subdivision: High Hill Farms Unit 8
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 4306
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

701 Mayfair Ln has no associated ownership info
701 Mayfair Ln has no associated ownership info.

Taxes

701 Mayfair Ln has 10 associated Taxes items

701 Mayfair Ln, 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 $97,315. The APN we've located for 701 Mayfair Ln is 19-32-228-007.

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Taxes
  • Assessed Value:  $97,315
  • Assessed Year:  2024
  • Assessed County:  Mchenry
  • APN:  19-32-228-007
  • Assessed Land Value:  24877
  • Market Land Value:  74631
  • Tax Amount:  6986.82
  • Tax Year:  2024
  • Market Value:  291945
  • Market Year:  2024

Tax History

701 Mayfair Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $97,315 Land Value $24,877 Improvement Value $72,438 Tax Amount $6,986.82 Change Rate +0.056014% Assessed CR Tax Rate +0.071796%
Year 2023 Assessed Value $87,036 Land Value $22,249 Improvement Value $64,787 Tax Amount $6,616.22 Change Rate -0.180914% Assessed CR Tax Rate +0.076017%
Year 2022 Assessed Value $100,189 Land Value $21,044 Improvement Value $79,145 Tax Amount $8,077.56 Change Rate +0.042301% Assessed CR Tax Rate +0.080623%
Year 2021 Assessed Value $93,338 Land Value $19,605 Improvement Value $73,733 Tax Amount $7,749.74 Change Rate +0.027049% Assessed CR Tax Rate +0.083029%
Year 2020 Assessed Value $90,034 Land Value $18,911 Improvement Value $71,123 Tax Amount $7,545.64 Change Rate +0.024972% Assessed CR Tax Rate +0.083809%
Year 2019 Assessed Value $86,173 Land Value $18,100 Improvement Value $68,073 Tax Amount $7,361.8 Change Rate +0.049308% Assessed CR Tax Rate +0.08543%
Year 2018 Assessed Value $79,606 Land Value $16,721 Improvement Value $62,885 Tax Amount $7,015.86 Change Rate +0.039567% Assessed CR Tax Rate +0.088132%
Year 2017 Assessed Value $74,994 Land Value $15,752 Improvement Value $59,242 Tax Amount $6,748.83 Change Rate -0.002493% Assessed CR Tax Rate +0.089992%
Year 2016 Assessed Value $70,338 Land Value $14,774 Improvement Value $55,564 Tax Amount $6,765.7 Change Rate +0.020896% Assessed CR Tax Rate +0.096188%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $6,627.22 Change Rate +0.172519% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $5,652.12 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $57,948 Land Value $13,783 Improvement Value $44,165 Tax Amount Change Rate Assessed CR Tax Rate