$360,000
SOLD MAR 17, 2025

361 Emerald Ln Unit 7/1 Algonquin, IL 60102

3 Beds
3 Baths
1,782 Sq Ft
$284/mo HOA Fee

Recently Sold

$202 Per Sq Ft

6% Above List Price

4 Days on Market

Highlights

  • Open Floorplan
  • Landscaped Professionally
  • Main Floor Bedroom
  • Algonquin Lakes Elementary School Rated A-
  • Wood Flooring
  • End Unit

About This Home

As of March 2025

Stunning End-Unit Townhome in Algonquin Lakes! This beautifully designed home offers a spacious and functional layout with stylish updates to the kitchen and flooring. The open floor plan features a bright and airy living room with soaring vaulted ceilings and a cozy fireplace, creating the perfect space to relax. The adjoining dining area provides seamless access to the private balcony, ideal for morning coffee. The updated kitchen boasts 42" cabinetry, quartz countertops, a stylish tile backsplash, stainless steel appliances, and a pantry-perfect for any home chef. Brand-new LVP wood flooring on the main level and fresh carpeting in all bedrooms add warmth and charm throughout. The inviting primary suite features a walk-in closet and a well-appointed bath with double sinks, a soaking tub, and a separate shower. The lower-level family room, with oak hardwood flooring and sliding doors to the patio, is perfect for entertaining or quiet evenings at home. This level also offers a third bedroom, a full bath, and a laundry room with a utility sink-ideal for guests or an in-law arrangement. Prime location, this home is tucked away from the main road yet close to Algonquin Lakes Elementary School, parks, trails, shopping, dining, golf, the Fox River, and more. Don't miss this fantastic opportunity!

Last Agent to Sell the Property

Lisa Fermanis

RE/MAX Suburban License #475123447 Listed on: 02/07/2025

RE/MAX Suburban

Last Buyer's Agent

Sarah Leonard

Legacy Properties, A Sarah Leonard Company, LLC License #475122634

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,347

Year Built

  • Built in 2002

Lot Details

  • End Unit
  • Landscaped Professionally

HOA Fees

  • $284 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,782 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Screens
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Finished Basement
  • Finished Basement Bathroom

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Dewert Management Association, Phone Number (847) 252-7700
  • Algonquin Lakes Subdivision, Washington Floorplan
  • Property managed by Algonquin Lakes Condo

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,347

Year Built

Built in 2002

Lot Details

0

HOA Fees

$284 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: 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
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Gas Cooktop
  • Basement: Walk-Out Access
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan
  • LivingArea: 1782
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm,Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Storm Door(s),6 Panel Door(s),Sliding Glass Door(s)
  • Window Features: Double Pane Windows,Screens
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Patio, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 339900
  • Lot Features: Landscaped
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 284
  • Association Amenities: Bike Room/Bike Trails, Park
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Algonquin Lakes Condo
  • Management Contact Name: Dewert Management
  • Management Phone: 847-252-7700
  • 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: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5347
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
Mar 11, 2025
Sold by
Edmondson Sean T and Edmondson Tesia R
Bought by
Mento Debra
Seller's Agent
Lisa Fermanis
RE/MAX Suburban
Buyer's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
List Price
$339,900
Sold Price
$360,000
Premium/Discount to List
$20,100
5.91%
Views
72
Current Estimated Value
$358,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,728
Avg. Annual Appreciation
-3.58%
Original Mortgage
$121,000
Outstanding Balance
$120,601
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$232,635

Purchase Details

Closed on
Mar 14, 2008
Sold by
Lack Richard S and Lack Carrie L
Bought by
Edmondson Sean T and Edmondson Tesia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,956
Interest Rate
5.79%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2002
Sold by
Realen Homes Lp
Bought by
Lack Richard S and Longsireth Carrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,954
Interest Rate
5.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $360,000 None Listed On Document
Warranty Deed $225,000 Nflt
Warranty Deed $218,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $121,000 New Conventional
Previous Owner $202,770 FHA
Previous Owner $216,956 FHA
Previous Owner $182,000 Unknown
Previous Owner $195,954 Unknown
Previous Owner $195,964 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $360,000 +5.9% $202 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $339,900 -- $191 / 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 $5,619 $81,911 $8,371 $73,540
2023 $5,347 $73,701 $7,532 $66,169
2022 $5,363 $70,177 $7,532 $62,645
2021 $5,196 $66,261 $7,112 $59,149
2020 $5,091 $64,771 $6,952 $57,819
2019 $4,927 $61,488 $6,600 $54,888
2018 $4,815 $58,222 $6,469 $51,753
2017 $4,608 $54,464 $6,051 $48,413
2016 $4,719 $52,734 $5,859 $46,875
2015 -- $49,413 $5,490 $43,923
2014 -- $43,837 $5,338 $38,499
2013 -- $45,178 $5,501 $39,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12285964

Midwest Real Estate Data (MRED)

APN: 03-02-128-060