$289,315
SOLD APR 24, 2025

315 Emerald Ln Unit 23 Algonquin, IL 60102

2 Beds
2.5 Baths
1,610 Sq Ft
$252/mo HOA Fee

Recently Sold

$180 Per Sq Ft

3% Above List Price

7 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Living Room
  • Algonquin Lakes Elementary School Rated A-
  • Patio
  • Laundry Room

About This Home

As of April 2025

Updated 2-Bedroom, 2.5-Bathroom Brick Townhome in Desirable Algonquin. This recently remodeled 2-bedroom, 2.5-bathroom brick townhome in a highly sought-after Algonquin neighborhood features modern finishes, an open living area, and a spacious kitchen with stainless steel appliances. The master suite includes an en-suite bathroom, with an additional full bath in the other Bedroom and half bath for convenience. Enjoy low HOA dues and a well-maintained community. This home is owner-occupied, offering a great opportunity for buyers in a prime location. No investors allowed.

Last Agent to Sell the Property

Maria Tamayo

Luna Real Estate Inc. License #471019966 Listed on: 03/05/2025

Co-Listed By

Diana Gonzalez

Luna Real Estate Inc. License #475179373

Last Buyer's Agent

Christin Cortese

@properties Christie's International Real Estate License #475197242

@properties Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,795

Year Built

  • Built in 2002

HOA Fees

  • $252 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,610 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

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

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,795

Year Built

Built in 2002

Lot Details

0

HOA Fees

$252 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Year Built: 2002
  • 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Flooring: Hardwood, Carpet, Wood
  • Interior Amenities: Open Floorplan
  • LivingArea: 1610
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Vinyl Siding, Brick, Other, Conventional, Combination
  • Foundation Details: Concrete Perimeter
  • List Price: 280000
  • Lot Features: Common Grounds
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Driveway, Owned, Garage
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, Main Level, Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 252
  • Association Fee Frequency: Monthly
  • Community Features: Sidewalks, Street Lights
  • 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

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

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5795.44
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2025
Closed on
Apr 1, 2025
Sold by
Sanchez Heriberto
Bought by
Neagle Christina
Seller's Agent
Maria Tamayo
Luna Real Estate Inc.
Buyer's Agent
Christin Cortese
@properties Christie's International Real Estate
List Price
$280,000
Sold Price
$289,315
Premium/Discount to List
$9,315
3.33%
Views
74
Current Estimated Value
$294,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,771
Avg. Annual Appreciation
1.86%

Purchase Details

Listed on
Aug 13, 2022
Closed on
Aug 19, 2022
Sold by
Coughlin Romaine R and Coughlin Karl
Bought by
Sanchez Heriberto
Seller's Agent
Jessica Pluda
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Maria Tamayo
Luna Real Estate Inc.
List Price
$165,000
Sold Price
$190,000
Premium/Discount to List
$25,000
15.15%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%

Purchase Details

Closed on
Jul 28, 2003
Sold by
Phelps Joseph L and Phelps Lois D
Bought by
Coughlin Romaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2002
Sold by
Realen Homes Lp
Bought by
Phelps Joseph L and Phelps Lois D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.37%
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
Warranty Deed $289,500 Chicago Title
Warranty Deed $190,000 --
Warranty Deed $216,000 Chicago Title Insurance Comp
Warranty Deed $190,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $9,300 Unknown
Previous Owner $172,800 Purchase Money Mortgage
Previous Owner $170,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $289,315 +3.3% $180 / Sq Ft
03/12/2025 03/12/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $280,000 0.0% $174 / Sq Ft
03/24/2023 03/24/23 Rented $1,700 0.0% --
02/07/2023 02/07/23 Off Market $1,700 -- --
02/05/2023 02/05/23 For Rent $1,700 0.0% --
08/26/2022 08/26/22 Sold $190,000 +15.2% $118 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/13/2022 08/13/22 For Sale $165,000 -- $102 / 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 $6,017 $79,139 $8,371 $70,768
2023 $5,795 $71,207 $7,532 $63,675
2022 $5,049 $66,418 $7,532 $58,886
2021 $4,890 $62,712 $7,112 $55,600
2020 $4,791 $61,302 $6,952 $54,350
2019 $4,634 $58,195 $6,600 $51,595
2018 $4,590 $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: 12303141

Midwest Real Estate Data (MRED)

APN: 03-02-128-038