$350,000
SOLD OCT 8, 2025

1525 Teri Ln Unit 4 Algonquin, IL 60102

3 Beds
2 Baths
1,870 Sq Ft
1984 Built

Recently Sold

$187 Per Sq Ft

3% Above List Price

14 Days on Market

Highlights

  • Contemporary Architecture
  • Den
  • Living Room
  • Algonquin Lakes Elementary School Rated A-
  • Patio
  • Laundry Room

About This Home

As of October 2025

Your Next Home: Beautifully updated 3BR, 2BA, 2-car garage home in Algonquin's Cedarwood Subdivision. Features include updated kitchen with granite, backsplash & stainless appliances, updated baths, hardwood floors, Andersen windows, Pella sliding door. Bonus room offers den/office/upper sitting area. Fenced yard with paver patio & new oversized shed. Move-in ready!

Last Agent to Sell the Property

Jesse Berreles

United Brokers of Illinois License #471008821 Listed on: 08/25/2025

Last Buyer's Agent

Carlos Ocelotl

Inspire Realty Group LLC License #475211480

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,357

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 63x128
  • Wood Fence
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2.5 Car Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,870 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,357

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1984
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1870
  • Room Type: Den
  • Estimated Total Finished Sq Ft: 0
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Wood
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2.5

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 63X128
  • Rural (Y/N): Y
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 6357
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$173,000
Outstanding Balance
$154,511
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$186,754

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Trustee Deed $247,000 Attorney
Interfamily Deed Transfer -- None Available
Warranty Deed $142,500 --
Warranty Deed $137,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $173,000 New Conventional
Previous Owner $72,500 No Value Available
Previous Owner $136,452 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2025 10/08/25 Sold $350,000 +3.2% $187 / Sq Ft
09/08/2025 09/08/25 Pending -- -- --
08/25/2025 08/25/25 For Sale $339,000 +37.2% $181 / Sq Ft
01/15/2021 01/15/21 Sold $247,000 -1.2% $148 / Sq Ft View Prior Sale
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
2024 $6,357 $88,879 $24,968 $63,911
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: 12456302

Midwest Real Estate Data (MRED)

APN: 03-03-235-028