NOT LISTED FOR SALE

314 Emerald Ln Unit 2 Algonquin, IL 60102

Estimated Value: $227,000 - $310,000

2 Beds
3 Baths
1,651 Sq Ft
$220/mo HOA Fee

Last Sold April 30, 2020

Last sale price $150,000 $91 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,233/month

22 Days on Market

Highlights

  • Loft
  • Attached Garage
  • Walk-In Closet
  • Algonquin Lakes Elementary School Rated A-
  • Soaking Tub
  • 5-minute walk to Algonquin Lakes Park

About This Home

As of April 2020

SPACIOUS 2 BED PLUS LOFT WITH 2 CAR GARAGE AND 2/1 BATH.BRIGHT KITCHEN WITH FULL APPLIANCES AND EAT-N AREA.HUGE FAMILY RM WITH PATIO DOOR. NEW A/C. MASTER SUITE WITH SOAKING TUB AND SEP SHOWER, DOUBLE SINK,AND WALK-IN CLOSET. 2ND BEDROOM HAS IT'S OWN FULL BATH. LOFT FOR OFFICE.EASY ACCESS TO PARKS,PLAYGROUNDS. NOTE PRICE ON THIS HOME COMPARED TO RECENT SALES. NEEDS PAINTING AND CARPET,FEW MINOR COSMETICS AND THEN YOU HAVE GREAT EQUITY. NOTE THIS SUB-DIVISION IS FHA APPROVED!!!!!

Last Listed By

Rich Kujak

Berkshire Hathaway HomeServices Starck Real Estate License #475121908 Listed on: 02/27/2020

Berkshire Hathaway HomeServices Starck Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,132

Year Built

  • 2002

HOA Fees

  • $220 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Loft
  • Patio

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,132

Year Built

2002

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2002
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2002

Interior Features

  • Interior Property Features: 1st Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 6
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 6X4, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 14X9, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Kitchen Type: Dimensions: 13X13, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 14X14, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Loft, Dimensions: 9X10, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 10X17, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1651
  • Dining Room Type: Combined w/ FamRm
  • Family Room: Dimensions: 14X14, On Level: Main Level, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 220
  • Management Contact Name: Bob Morvec
  • Management Phone: 815-459-9187

Fee Information

  • Management Company: NORTHWEST PROPERTY MANAGEMENT

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 0302127023

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 4589

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Apr 23, 2020
Sold by
Hornby Susan
Bought by
Finneran Sharon A
Seller's Agent
Rich Kujak
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Nancy Sobol
Compass
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%
Total Days on Market
22
Current Estimated Value
$285,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,825
Avg. Annual Appreciation
13.65%
Original Mortgage
$120,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 8, 2016
Closed on
Dec 29, 2016
Sold by
Accardi Vito
Bought by
Hornby Susan
Seller's Agent
Henry Inoue
Nittsu Realtors
Buyer's Agent
Maureen Brand
RE/MAX Suburban
List Price
$170,000
Sold Price
$140,500
Premium/Discount to List
-$29,500
-17.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%

Purchase Details

Closed on
Aug 9, 2002
Sold by
Realen Homes Lp
Bought by
Accardi Vannessa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Finneran Sharon A $150,000 Attorneys Ttl Guaranty Fund
Hornby Susan $148,500 Attorney Title Guaranty Fund
Accardi Vannessa R $190,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Finneran Sharon A $120,000
Previous Owner Accardi Vannessa R $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $150,000 0.0% $91 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/17/2020 03/17/20 Price Changed $150,000 -3.2% $91 / Sq Ft
03/10/2020 03/10/20 Price Changed $155,000 -2.5% $94 / Sq Ft
03/03/2020 03/03/20 For Sale $159,000 0.0% $96 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $159,000 +13.2% $96 / Sq Ft
01/10/2017 01/10/17 Sold $140,500 -3.1% --
11/26/2016 11/26/16 Pending -- -- --
11/07/2016 11/07/16 Price Changed $145,000 -9.4% --
10/01/2016 10/01/16 Price Changed $160,000 -5.9% --
07/08/2016 07/08/16 For Sale $170,000 -- --
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 $5,132 $71,052 $7,532 $63,520
2022 $5,070 $66,671 $7,532 $59,139
2021 $4,911 $62,951 $7,112 $55,839
2020 $4,811 $61,536 $6,952 $54,584
2019 $4,654 $58,417 $6,600 $51,817
2018 $4,600 $55,781 $6,469 $49,312
2017 $4,390 $52,180 $6,051 $46,129
2016 $4,495 $50,523 $5,859 $44,664
2015 -- $47,342 $5,490 $41,852
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: MRD10649378

Midwest Real Estate Data (MRED)

APN: 03-02-127-023