551 Terrace Dr
Algonquin, IL 60102
4 bd 4 ba 3,141 sqft Built 1990 Lot 13,068 sqft single_family
Most recent sale
$415,000
Aug 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 19, 2022 | Sold | $415,000 | MLS #11418179 |
| Jun 3, 2022 | Listed | $434,900 | MLS #11418179 |
| Feb 26, 2008 | Sold | $315,000 | Public Record |
| Nov 5, 2007 | Listing removed | $339,999 | MRED |
| Nov 3, 2006 | Listed | $339,999 | MLS #06330190 |
| Jun 17, 1992 | Sold | $165,000 | Public Record |
| Jul 31, 1990 | Sold | $150,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $118,467 | $24,017 | $142,484 | $9,894 |
| 2022 | $100,277 | $21,044 | $121,321 | $9,889 |
| 2021 | $93,420 | $19,605 | $113,025 | $9,496 |
| 2020 | $90,113 | $18,911 | $109,024 | $9,251 |
| 2019 | $86,249 | $18,100 | $104,349 | $9,031 |
| 2018 | $79,676 | $16,721 | $96,397 | $8,616 |
| 2017 | $75,060 | $15,752 | $90,812 | $8,446 |
| 2016 | $70,400 | $14,774 | $85,174 | $8,326 |
| 2015 | $66,029 | $13,857 | $79,886 | $8,165 |
| 2014 | $54,960 | $13,201 | $68,161 | $7,098 |
| 2013 | $54,586 | $13,783 | $68,369 | $6,675 |
| 2012 | $58,188 | $14,692 | $72,880 | $6,582 |
| 2011 | $63,985 | $16,156 | $80,141 | $6,336 |
| 2010 | $68,382 | $17,266 | $85,648 | $6,220 |
| 2009 | $77,226 | $17,266 | $94,492 | $6,054 |
| 2008 | $77,226 | $17,266 | $94,492 | $6,266 |
| 2007 | $75,093 | $16,789 | $91,882 | $6,116 |
| 2006 | $71,354 | $15,953 | $87,307 | $5,566 |
Property facts
Year built
1990
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,141 sqft
Lot size
13,068 sqft
ZIP code
60102
City
Algonquin
Street
Terrace Dr
Coordinates
42.16562, -88.31089
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,490
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 551 Terrace Dr last sell?
551 Terrace Dr most recently sold on Aug 19, 2022 for $415,000.
What is the current tax assessment for 551 Terrace Dr?
The most recent total assessment for 551 Terrace Dr (year 2024) is $142,484 with $9,894 in property tax.
How does 551 Terrace Dr's assessment compare to its last sale price?
The current assessment is 65.7% below the last sale price of $415,000.
When was 551 Terrace Dr built?
551 Terrace Dr was built in 1990.
How does 551 Terrace Dr compare to others on Terrace Dr?
We track 4 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 551 Terrace Dr?
551 Terrace Dr is a 4 bed, 4 bath, 3,141 sqft, 13,068 sqft lot single_family.
Is 551 Terrace Dr a flip candidate?
No — 551 Terrace Dr does not appear in our flips dataset.
Is 551 Terrace Dr a tax-appeal candidate?
No — 551 Terrace Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.7%
Implied 1-yr
+6.9%
2026 Q3
$456.7K
2026 Q4
$463.8K
ZIP 60102 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Dr