NOT LISTED FOR SALE

302 Emerald Ln Unit 302 Algonquin, IL 60102

Estimated Value: $309,000 - $317,000

2 Beds
2.5 Baths
1,610 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $245,000 $152 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,322/month

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Stainless Steel Appliances
  • Algonquin Lakes Elementary School Rated A-
  • Loft
  • 5-minute walk to Algonquin Lakes Park

About This Home

As of March 2022

OMG DROP DEAD GORGEOUS!!!!! As you walk thru this house you will feel the love in every room!!! Turnkey townhome in desirable Algonquin Lakes community perfect for the commuter who doesn't want to fight river-crossing traffic every day. This home features the beautiful eat-in kitchen with all the bells and whistles your client is asking for! Updated cabinets, granite countertops, large pantry, glass tile backsplash, newer stainless steel appliances, hardwood flooring, canned lights and crown mounding too. The living room opens to a great patio area and is also close to community walking trails. Upstairs you will find a large loft and 2 over-sized bedrooms each with their own private bath and the unit also features great storage space in the attic with plywood flooring. All this and a two car garage.

Last Agent to Sell the Property

Jeffrey Collis

HomeSmart Connect LLC License #475183584 Listed on: 01/31/2022

HomeSmart Connect LLC

Last Buyer's Agent

Dmytro Bezrukavyi

KOMAR License #475195911

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,740

Year Built

  • Built in 2001

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,610 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Loft
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

  • Algonquin Lake Elementary School
  • Algonquin Middle School
  • Dundee-Crown High School

Additional Features

  • Patio
  • Landscaped Professionally
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Bob Morovec Association, Phone Number (815) 459-9187
  • Algonquin Lakes Subdivision, Georgetown Floorplan
  • Property managed by Northwest Property & Financial Management

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,740

Year Built

Built in 2001

Lot Details

0

HOA Fees

$230 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Algonquin Lakes
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1610
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Loft
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1610
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 239900
  • Lot Features: Common Grounds, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 230
  • Association Amenities: Bike Room/Bike Trails, Park
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Northwest Property & Financial Management
  • Management Contact Name: Bob Morovec
  • Management Phone: 815-459-9187
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Algonquin Lake Elementary School
  • High School: Dundee-Crown High School
  • Middle/Junior School: Algonquin Middle School
  • Middle/Junior School District: 300

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4739.54
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Feb 21, 2022
Sold by
Joe Hommowun Zachary and Ashley Vanessa
Bought by
Starepravo Andrii and Starepravo Ivyna
Seller's Agent
Jeffrey Collis
HomeSmart Connect LLC
Buyer's Agent
Dmytro Bezrukavyi
KOMAR
List Price
$239,900
Sold Price
$245,000
Premium/Discount to List
$5,100
2.13%
Current Estimated Value
$312,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,669
Avg. Annual Appreciation
6.27%
Original Mortgage
$232,750
Outstanding Balance
$217,441
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$87,122

Purchase Details

Listed on
Jan 26, 2019
Closed on
Mar 18, 2019
Sold by
Berna Julie
Bought by
Hommowun Zachary Joe and Sapienza Vanessa Ashley
Seller's Agent
Amy Kite
Keller Williams Infinity
Buyer's Agent
Joanne Collis
HomeSmart Connect LLC
List Price
$190,000
Sold Price
$189,000
Premium/Discount to List
-$1,000
-0.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$151,200
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2014
Closed on
Sep 8, 2014
Sold by
Barton Daniel and Barton Denise
Bought by
Berna Julie
Seller's Agent
Katie Holmes
Keller Williams Success Realty
Buyer's Agent
Lori Moses
HomeSmart Connect LLC
List Price
$179,900
Sold Price
$169,500
Premium/Discount to List
-$10,400
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%
Original Mortgage
$118,650
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2007
Sold by
Arendt Denise
Bought by
Barton Denise and Barton Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,200
Interest Rate
6.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 27, 2006
Sold by
Snyder Matthew K
Bought by
Arendt Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2001
Sold by
Realen Homes Lp
Bought by
Snyder Matthew K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
6.69%
Source: Public Records

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
Starepravo Andrii $245,000 Landtrust National Title
Hommowun Zachary Joe $189,000 First American Title
Berna Julie $169,500 Heritage Title Company
Barton Denise -- First American Title
Arendt Denise $206,000 First American Title
Snyder Matthew K $173,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starepravo Andrii $232,750
Previous Owner Hommowun Zachary Joe $151,200
Previous Owner Berna Julie $118,650
Previous Owner Barton Denise $44,200
Previous Owner Arendt Denise $164,800
Previous Owner Snyder Matthew K $164,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Sold $245,000 +2.1% $152 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $239,900 +26.9% $149 / Sq Ft
03/22/2019 03/22/19 Sold $189,000 -0.5% --
02/11/2019 02/11/19 Pending -- -- --
01/26/2019 01/26/19 For Sale $190,000 +12.1% --
09/12/2014 09/12/14 Sold $169,500 -5.8% --
07/02/2014 07/02/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $179,900 -- --
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 $5,224 $76,714 $8,371 $68,343
2023 $4,967 $69,025 $7,532 $61,493
2022 $4,996 $65,776 $7,532 $58,244
2021 $4,838 $62,106 $7,112 $54,994
2020 $4,740 $60,710 $6,952 $53,758
2019 $4,584 $57,633 $6,600 $51,033
2018 $4,541 $55,255 $6,469 $48,786
2017 $4,344 $51,688 $6,051 $45,637
2016 $4,447 $50,047 $5,859 $44,188
2015 -- $46,896 $5,490 $41,406
2014 -- $42,729 $5,338 $37,391
2013 -- $44,037 $5,501 $38,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11313140

Midwest Real Estate Data (MRED)

APN: 03-02-127-015