NOT LISTED FOR SALE

1525 Teri Ln Unit 4 Algonquin, IL 60102

Estimated Value: $319,872 - $343,000

3 Beds
2 Baths
1,671 Sq Ft
$199/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $247,000 $148 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,354/month

85 Days on Market

Highlights

  • Landscaped Professionally
  • Contemporary Architecture
  • Wood Flooring
  • Algonquin Lakes Elementary School Rated A-
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of January 2021

Beautiful, updated 3 bedroom, 2 full bath, 2-car garage home in Algonquin's Cedarwood Subdivision. Updated kitchen: cabinets, granite tops, backsplash, and all stainless appliances stay. Both bathrooms updated nicely, hardwood floors on first floor, Andersen windows, Pella sliding door. Nicely maintained, fenced backyard with paver patio and NEW over-sized shed.

Last Listed By

Vanessa Carlson

iRealty Flat Fee Brokerage License #471016540 Listed on: 09/08/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,056

Year Built

  • 1984

Lot Details

  • Fenced Yard
  • Landscaped Professionally

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Decorative Fireplace
  • Wood Flooring
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,056

Year Built

1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 1984
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1984

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan, Fan-Whole House, Sump Pump
  • Fireplace Details: Decorative Only
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 15X8, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X14, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 19X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1671
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 24X24, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Outdoor Grill
  • Exposure: N (North)
  • Acreage: 0.2066

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 300
  • Elementary School: Lakewood Elementary School
  • Middle School: Algonquin Middle School
  • High School: Dundee-Crown High School
  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: 135X73X128X63
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 0303235028

Tax Info

  • Taxes: 3364

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Jan 13, 2021
Sold by
Meissner Craig Joseph and Meissner Barbara Ann
Bought by
Rivera Ruben
Seller's Agent
Vanessa Carlson
iRealty Flat Fee Brokerage
Buyer's Agent
Virginia Moran
United Brokers of Illinois
List Price
$249,900
Sold Price
$247,000
Premium/Discount to List
-$2,900
-1.16%
Total Days on Market
85
Current Estimated Value
$331,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,968
Avg. Annual Appreciation
7.04%
Original Mortgage
$173,000
Outstanding Balance
$156,260
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$175,624

Purchase Details

Closed on
Oct 28, 2010
Sold by
Meissner Craig J and Meissner Barbara A Kaelin
Bought by
Meissner Craig Joseph and Meissner Barbra Ann

Purchase Details

Closed on
Jun 27, 1997
Sold by
Tarrant Kathi L
Bought by
Meissner Craig J and Meissner Barbara A Kaelin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
8%

Purchase Details

Closed on
Mar 25, 1996
Sold by
Taylor John E and Taylor Susan L
Bought by
Mersino Martin M and Tarrant Kathi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,452
Interest Rate
7.91%
Mortgage Type
FHA

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rivera Ruben $247,000 Attorney
Meissner Craig Joseph -- None Available
Meissner Craig J $142,500 --
Mersino Martin M $137,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Ruben $173,000
Previous Owner Meissner Craig J $70,000
Previous Owner Meissner Craig J $72,500
Previous Owner Mersino Martin M $136,452
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $247,000 -1.2% $148 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
11/26/2020 11/26/20 For Sale $249,900 0.0% $150 / Sq Ft
10/22/2020 10/22/20 For Sale $249,900 0.0% $150 / Sq Ft
10/22/2020 10/22/20 Price Changed $249,900 0.0% $150 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/12/2020 09/12/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $249,900 0.0% $150 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $249,900 -- $150 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $6,056 $79,970 $22,465 $57,505
2022 $5,856 $73,784 $22,465 $51,319
2021 $5,227 $69,666 $21,211 $48,455
2020 $3,165 $68,100 $20,734 $47,366
2019 $3,241 $64,648 $19,683 $44,965
2018 $3,364 $62,089 $19,293 $42,796
2017 $3,497 $58,082 $18,048 $40,034
2016 $3,710 $53,491 $17,971 $35,520
2015 -- $50,122 $16,839 $33,283
2014 -- $46,334 $16,374 $29,960
2013 -- $47,752 $16,875 $30,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10849397

Midwest Real Estate Data (MRED)

APN: 03-03-235-028