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Backup Offers

1721 Fernwood Ln, Algonquin, IL, 60102

$470,000

Home List Price

$5,581*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
5,776 SqFt
$81/SqFt
House
Schools Nearby

Location

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1721 Fernwood Ln, Algonquin$470,000

Buyer Closing Credits

$5,581*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built1997
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
FireplaceAttached Fireplace Doors/Screen, Gas Log, Gas Starter
MLS #11981615
Lot Size0.30 Acres
StatusAccepting Backup Offers
(Contingent)

About 1721 Fernwood Ln

No home sale contingencies. Welcome to a breathtaking oasis of luxury living! This extraordinary 6-bedroom, 4.5-bathroom masterpiece spans over 5900 sq ft of pure opulence. As you step through the entrance, prepare to be captivated by the grandeur of the open floor plan, accentuated by a dramatic staircase and a two-story sunny foyer, bathed in natural light. The first floor is a showcase of elegance, featuring a spacious living and dining area adorned with gleaming hardwood floors. The heart of this home is undoubtedly the expansive kitchen, boasting 42-inch custom cabinets, dual islands, stainless steel appliances including a cooktop and double oven, cabinets crowned with molding, and a ceramic backsplash that exudes sophistication. A haven of tranquility awaits on the first floor with the master bedroom, complete with a private bath featuring a whirlpool tub, separate shower, and a generous walk-in closet. Upstairs, discover four additional spacious bedrooms, a loft, and a hall bath, offering ample space for family and guests. The lower level is a true entertainer's paradise, with a fully finished basement that includes a bedroom, office, kitchenette/wet bar area, a sprawling rec room, and a sauna for the ultimate relaxation experience. A full bath adds convenience, making this space ideal for in-law living. Additionally, a storage room provides practicality for your organizational needs. Indulge in the luxury of a three-car garage, ensuring your vehicles are housed in style. Step outside onto the spacious paver patio, where a fire pit beckons for cozy evenings, and a playground invites playfulness. The serene pond completes the picturesque scene, creating a perfect backdrop for those warm summer days. This home is not only aesthetically pleasing but also meticulously maintained. The sump pump, replaced with an iron one just a year ago, ensures a dry and secure basement. The basement renovation in 2023 showcases modern design, while the brand-new sauna adds a touch of indulgence. The roof, replaced five years ago, guarantees durability and longevity. Elegance, comfort, and functionality seamlessly converge in this luxury residence, offering a lifestyle of unparalleled grandeur. Welcome to your dream home, where every detail has been carefully curated to create a haven of timeless sophistication. This is a short sale, selling As Is and subject to final bank approval.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1997
  • Living Area: 5,776 SqFt

Listing Office:

  • Office Name: Core Realty & Investments, Inc
  • Office Phone: (224) 235-4336
  • Listing Agent: Julianne Conroy

Interior Features

Interior Information:

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Water Softener
  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s)
  • Fireplace: Attached Fireplace Doors/Screen, Gas Log, Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Patio, Brick Paver Patio, Storms/Screens, Fire Pit, Other

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Harry D Jacobs High School, Public District Grades 9-12
  • Westfield Community School, Public District Grades KG-8

Other

Directions Information:

  • Directions: County Line E of Randall to Wynnfield to Fernwood

Price Information

Listing Price Info

Price Summary:

  • List Price: $470,000
  • Price Per SqFt: $81/SqFt

HOA Fees:

  • Amount: $250
  • Frequency: Annually

Tax Information:

  • Annual Amount: $10,406
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Algonquin, IL.

Med. Sold Price

$367K

Med. Price/SqFt

$174

Avg. Days On Market

29

# of Sold Homes

29

1721 Fernwood Ln vs Algonquin

74 DAYS ON ROCKET

+45 Days

$470,000

+$103K More

$81/SqFt

-$93 Less

KEY TAKEAWAY

This property is $103K more than the Median Sold Price and $93/SqFt less than other homes in Algonquin, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11981615

Listing Office:

  • Office Name: Core Realty & Investments, Inc
  • Office Phone: (224) 235-4336
  • Listing Agent: Julianne Conroy

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Property Sales & Tax

Listing History

Jun 05, 2012Home Sold
$315,000
Jun 25, 1998Home Sold
$281,000
Jun 25, 1998Home Sold
$281,500

Tax History

YEARPROP. TAXASSESSMENT
2020$10,406$128,153
2019$10,159$121,657
2018$9,742$119,248
2017$9,742$111,551

History based on county public records data.

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$2,433

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,476

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-3100700
7
/10
  • Westfield Community School

  • 2100 Sleepy Hollow Rd

  • 0.39 miles

  • Public District Grades KG-8

High School

school-card-donut-3100701
9
/10
  • Harry D Jacobs High School

  • 2601 Bunker Hill Dr

  • 1.51 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $104,752. The majority of Algonquin, IL residents have income between $100k-200k annually. Residents typically live in married, with kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1721 Fernwood Ln

What is the listing price of this property?

The listing price of 1721 Fernwood Ln property is $470,000.

What type of property is this?

The property 1721 Fernwood Ln is a house located in Algonquin, Illinois, 60102.

Is this property for sale now?

Accepting Backup Offers: 1721 Fernwood Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1721 Fernwood Ln are:
Westfield Community School: GreatSchools Rating 7/10
Harry D Jacobs High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,406 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 5, 2012 for $315,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1721 Fernwood Ln has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1721 Fernwood Ln is 5,776 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1721 Fernwood Ln is 1997.

Rocket Homes›Illinois›McHenry County›Algonquin›60102›1721 Fernwood Ln

This home is located at 1721 Fernwood Ln in Algonquin, IL and zip code 60102. This 5,776 square foot home, which was built in 1997, sits on a 0.30 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $470,000.

While more than 11 listings in Algonquin, IL in March 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 13 were sold below. The number of listings in Algonquin, IL decreased by 9.4% between February 2024 and March 2024. In March 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $367,000.

From Rocket Homes Real Estate and based on county public records data.

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