$430,000
SOLD SEP 5, 2025

700 Lilac Dr Algonquin, IL 60102

3 Beds
2.5 Baths
1,845 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$233 Per Sq Ft

1% Above List Price

5 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Traditional Architecture
  • Algonquin Lakes Elementary School Rated A-
  • Property is near a park
  • Wood Flooring

About This Home

As of September 2025

An amazing opportunity to own this truly adorable Home with gorgeous curb appeal. Meticulously maintained and landscaped to perfection! From the moment you step in, you'll be struck by vaulted ceilings with skylight and gleaming walnut hardwood floors throughout main level. The functional layout flows effortlessly from the living & dining room into a well-appointed kitchen featuring Corian countertops, a tile backsplash, stainless steel appliances, and a dedicated breakfast area with a stylish accent wall (2025). The adjacent family room, anchored by a cozy brick fireplace, makes for a perfect gathering space. Upstairs, brand new carpet (2025) adds a fresh touch throughout. The vaulted primary suite includes an en-suite bath with soaking tub, dual vanity, and separate shower. Two additional bedrooms and a full hallway bath complete the second floor. The finished basement adds significant living space and offers a spacious flex area - ideal as a rec room, office, or potential 4th bedroom. Recent updates include interior paint (2023), epoxy garage flooring with custom lighting, updated deck boards (2025), a new water heater (2025), and a freshly sealed driveway. The fully fenced backyard is a true highlight, featuring mature trees, a firepit area, and plenty of room to relax or entertain. With its unbeatable location near downtown Algonquin, the Fox River and the brand-new Presidential Park within walking distance, this is one home you don't want to miss!

Last Agent to Sell the Property

Serghei Salcutan

Redstart Inc. License #471020635 Listed on: 07/17/2025

Co-Listed By

Simon Danuta

Redstart Inc. License #475192062

Last Buyer's Agent

Teresa Stultz

Premier Living Properties License #475137186

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,889

Year Built

  • Built in 1990

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x134
  • Fenced
  • Landscaped Professionally

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,845 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Fire Pit

Location

  • Property is near a park

Schools

  • Algonquin Lakes Elementary Schoo
  • Algonquin Middle School
  • Dundee-Crown High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Community Details

  • Bradley

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,889

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1990
  • Age: 31-40 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Humidifier
  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s)
  • LivingArea: 1845
  • Other Equipment: Water-Softener Owned, CO Detectors, Sump Pump
  • Room Type: Breakfast Room, Foyer
  • Window Features: Skylight(s)
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1845
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Basement Sq Ft: 1034
  • Fireplace Location: Family Room
  • Total Sq Ft: 1034
  • Attic: Unfinished
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • ExteriorFeatures: Fire Pit
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • List Price: 425000
  • Lot Features: Landscaped
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Main Level, In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.23
  • Lot Dimensions: 75X134
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8888.66
  • Tax Year: 2024
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
May 3, 2022
Sold by
Cederquist Lars J and Cederquist Victoria
Bought by
Batereanu Grigore
Seller's Agent
Vincent Romano
Keller Williams Success Realty
Buyer's Agent
Serghei Salcutan
Redstart Inc.
List Price
$299,900
Sold Price
$326,100
Premium/Discount to List
$26,200
8.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$309,795
Outstanding Balance
$295,351
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$123,788
Source: Public Records

Range of Values:

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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 $326,500 Law Offices Of Casey E Schulze
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $309,795 New Conventional
Previous Owner $142,440 New Conventional
Previous Owner $96,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $150,000 Unknown
Previous Owner $56,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Sold $430,000 +1.2% $233 / Sq Ft
07/22/2025 07/22/25 Pending -- -- --
07/17/2025 07/17/25 For Sale $425,000 +30.3% $230 / Sq Ft
05/16/2022 05/16/22 Sold $326,100 0.0% $177 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/07/2022 04/07/22 Off Market $326,100 -- --
04/04/2022 04/04/22 For Sale $299,900 -- $163 / 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 $8,889 $129,627 $21,417 $108,210
2023 $8,366 $115,935 $19,155 $96,780
2022 $6,340 $84,924 $20,766 $64,158
2021 $6,044 $79,117 $19,346 $59,771
2020 $6,314 $76,316 $18,661 $57,655
2019 $6,156 $73,044 $17,861 $55,183
2018 $6,859 $77,965 $16,912 $61,053
2017 $6,717 $73,448 $15,932 $57,516
2016 $6,613 $68,888 $14,943 $53,945
2013 -- $64,534 $13,939 $50,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12423048

Midwest Real Estate Data (MRED)

APN: 19-35-201-014