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610 Cherokee Road

610 Cherokee Road, Algonquin, IL 60102
Property in Indian Grove
Sold May 21, 2021
$220,000
$132,000 by First Centennial Mortgage Corp
Mortgage Due Jun 01, 2051
610 Cherokee Road in Algonquin, IL was first built in 1996 and is 28 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 610 Cherokee Road has 1,115 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,775 square feet.

Learn more about the property and building on this page. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 610 Cherokee Road sold most recently in May 4, 2021 for a total of $220,000. If you work out the math, that's approximately a cost of $108.21 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,985 in taxes each year. 610 Cherokee Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $77,792. If we break it down further, the land itself was valued at $18,232. Improvements to the property, however, were assessed at a total of $59,560. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 918
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,775
  • Total Building Area: 2,033
  • Building Area: 1,115
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,115
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARISIS RESUB
  • Land Acres: 0.201
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2021R0028009 LT 1 PARISIS RESUB MEMO: PETRIE, RAYMOND D/TERESA J

Ownership

  • Current Owner : PETRIE RAYMOND D
  • Current Owner 2: PETRIE TERESA J
  • Previous Owner : HARRELL PAMELA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871310

Geography

  • Parcel: 19-34-314-012
  • Block: 314
  • Lot: 1
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1588
  • Longitude: -88.2922

    Address

  • Full Address: 610 Cherokee Rd
  • Address - House Number: 610
  • Address - Street Name: Cherokee
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Algonquin
  • Carrier Code: R003
  • 4-Digit Zip Code: 4956
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,985
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 295,898
  • High Value: 347,722
  • Low Value: 244,074

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,000
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 21, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $132,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $233,376
  • Market Land Value: $54,696
  • Market Improvement Value: $178,680

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $77,792
  • Assessed Land Value: $18,232
  • Assessed Improvements Value: $59,560

    Sales

  • Current Sale Contract Date: May 04, 2021
  • Current Sale Recording Date: May 21, 2021
  • Current Sale Transaction ID: 11836072101
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0028009

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: May 21, 2021
  • First Mortgage Loan Amount: $132,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 610 Cherokee Road located in?
The 610 Cherokee Road is a located in the neighborhood of Indian Grove in Indian Grove, Algonquin.
What is the average sales price for listings in 610 Cherokee Road?
The average sales price for units in 610 Cherokee Road is $0 currently.

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