521 Terrace Drive

521 Terrace Drive has been categorized by the local assessors in Algonquin, IL as a residential type of property. The building on the property was first built in 1992 and is 32 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 521 Terrace Drive has 2,528 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 521 Terrace Drive was last sold in Mar 16, 2020 for $277,000. According to our calculations, that's $71.35 per sqft. Prior to that sales transaction, the property was sold for $235,000 in Nov 30, 2000. Current property owners are expected to pay $10,009 in taxes per year. The property on 521 Terrace Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $122,715. To break that down further, the land itself was valued at $21,044. While improvements to the property were assessed at a total of $101,671. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.