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721 Terrace Dr; Algonquin, IL Property Details

721 Terrace Dr, Algonquin, IL is a Residential General that was built in 1982. This property is currently Financed and is not for sale. Our records show that 721 Terrace Dr has 2.5 bathrooms, and a total of 2,364 square feet. The lot size of 721 Terrace Dr is 30,255 square feet.

Off market
721 Terrace Dr Algonquin, IL 60102
$122,191 Estimated Value
2.5 Baths
2,364 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1982
  • Purchase Price: $215,000
  • Est. Equity / %: $468,000 / 100%
  • Gross Yield: 8.887%
  • APN: 19-33-176-009
  • Situs County: Mchenry
  • Length Of Ownership: 32 years, 2 months

Rooms

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

Structure

  • Stories: 2

Measurements

  • Total: 2,364/SqFt
  • Lot: 30,255/SqFt
  • Living: 2,364/SqFt
  • Basement: 700/SqFt
  • Building: 3,064/SqFt
  • Ground: 1,188/SqFt
  • Price Per Square Foot: $90.95

Legal Description

  • Description: DOC 94R035330 LT 175 GASLIGHT TERRACE NORTH 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: 42.163128 / -88.31168
  • Subdivision: Gaslight Terrace North Unit 6
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2071
  • Heating: Forced air unit

Ownership Info

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

Taxes

721 Terrace Dr has 10 associated Taxes items

721 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 $122,191. The APN we've located for 721 Terrace Dr is 19-33-176-009.

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Taxes
  • Assessed Value:  $122,191
  • Assessed Year:  2024
  • Assessed County:  Mchenry
  • APN:  19-33-176-009
  • Assessed Land Value:  14839
  • Market Land Value:  44517
  • Tax Amount:  8306.98
  • Tax Year:  2024
  • Market Value:  366573
  • Market Year:  2024

Tax History

721 Terrace Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $122,191 Land Value $14,839 Improvement Value $107,352 Tax Amount $8,306.98 Change Rate +0.063767% Assessed CR Tax Rate +0.067984%
Year 2023 Assessed Value $109,285 Land Value $13,272 Improvement Value $96,013 Tax Amount $7,809.02 Change Rate -0.039781% Assessed CR Tax Rate +0.071456%
Year 2022 Assessed Value $105,830 Land Value $37,151 Improvement Value $68,679 Tax Amount $8,132.54 Change Rate +0.046328% Assessed CR Tax Rate +0.076845%
Year 2021 Assessed Value $98,594 Land Value $34,611 Improvement Value $63,983 Tax Amount $7,772.46 Change Rate +0.029203% Assessed CR Tax Rate +0.078833%
Year 2020 Assessed Value $95,104 Land Value $33,386 Improvement Value $61,718 Tax Amount $7,551.92 Change Rate +0.02771% Assessed CR Tax Rate +0.079407%
Year 2019 Assessed Value $91,026 Land Value $31,954 Improvement Value $59,072 Tax Amount $7,348.3 Change Rate -0.080301% Assessed CR Tax Rate +0.080727%
Year 2018 Assessed Value $89,825 Land Value $29,519 Improvement Value $60,306 Tax Amount $7,989.9 Change Rate +0.038175% Assessed CR Tax Rate +0.08895%
Year 2017 Assessed Value $84,621 Land Value $27,809 Improvement Value $56,812 Tax Amount $7,696.1 Change Rate -0.002473% Assessed CR Tax Rate +0.090948%
Year 2016 Assessed Value $79,367 Land Value $26,082 Improvement Value $53,285 Tax Amount $7,715.18 Change Rate +0.020108% Assessed CR Tax Rate +0.097209%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $7,563.1 Change Rate -0.094743% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $8,354.64 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $82,659 Land Value $24,332 Improvement Value $58,327 Tax Amount Change Rate Assessed CR Tax Rate