NOT LISTED FOR SALE

251 Lake Gillilan Way Algonquin, IL 60102

Estimated Value: $446,000 - $480,644

4 Beds
4 Baths
2,511 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $295,000 $117 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,268/month

57 Days on Market

Highlights

  • Lake Front
  • Landscaped Professionally
  • Walk-In Pantry
  • Algonquin Lakes Elementary School Rated A-
  • Deck
  • Built-In Double Oven

About This Home

As of July 2020

Absolute beauty with Gorgeous Stunning views of the lake from every floor, year-round. Gives you the sense of living in a vacation home every single day. Fully finished walk-out basement with concrete patio is a party paradise. Full sized deck is perfect for relaxing and enjoying your morning coffees, afternoon sunbathes and moon-lit dinners. 2-Story Foyer, formal Dining Room and spacious open floor Plan allows you to customize your home to your tastes. Algonquin Lakes offers Bike paths, walking trails, walkable distance to Elementary school, parks and more.... Newer roof, brand new flooring throughout the main floor, Newer refrigerator and freshly painted.

Last Agent to Sell the Property

Prasad Pullabhotla

Provident Realty, Inc. License #475162255 Listed on: 04/25/2020

Last Buyer's Agent

Anca Mosutiu

Real 1 Realty License #475175386

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,653

Year Built

  • 2001

Lot Details

  • Lake Front
  • Dog Run
  • Landscaped Professionally

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Built-In Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • 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

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Community Well
  • Water Purifier
  • Water Purifier is Owned
  • Water Softener is Owned

Additional Features

  • Water Views
  • Laminate Flooring

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,653

Year Built

2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Interstate Access
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Square Footage Comments: Full finished walkout basement offers an additional 1300 sqft for fun and entertainment.
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 2001
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 8
  • Living Room: Dimensions: 16X13, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Appliances: Oven-Double, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Oven/Built-in, Water Purifier, Water Purifier Owned, Water Softener, Water Softener Owned
  • Equipment: Humidifier, Water-Softener Owned, Ceiling Fan, Sump Pump
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X11, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 12X13, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Butler, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 10X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 4: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 2511
  • Dining Room Type: Separate
  • Family Room: Dimensions: 15X16, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Deck, Patio, Dog Run
  • Acreage: 0.23

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 3842

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: 10000
  • Lot Description: Lake Front, Landscaped Professionally, Water View
  • Parcel Identification Number: 1935377012

Tax Info

  • Taxes: 9717.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2020
Sold by
Padala Sandeep
Bought by
Taibi Vincent J
Current Estimated Value
$464,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2008
Sold by
Padala Sandeep and Bhagwat Rijuta
Bought by
Padala Sandeep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,140
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2001
Sold by
Gustaveson Robert W and Gustaveson Jolene A
Bought by
Gustaveson Robert W and Gustaveson Jolene A

Purchase Details

Closed on
May 2, 2001
Sold by
Realen Homes Lp
Bought by
Gustaveson Robert W and Wagener Jolene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.87%
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
Taibi Vincent J $295,000 North American Title Com
Padala Sandeep -- First American Title
Gustaveson Robert W -- --
Gustaveson Robert W $281,219 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taibi Vincent J $279,000
Previous Owner Padala Sandeep $278,140
Previous Owner Gustaveson Robert W $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $295,000 -9.2% $117 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
06/01/2020 06/01/20 Price Changed $324,900 -1.5% $129 / Sq Ft
04/25/2020 04/25/20 For Sale $330,000 -- $131 / 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 $9,653 $131,401 $26,729 $104,672
2023 $9,168 $117,522 $23,906 $93,616
2022 $9,080 $111,882 $25,373 $86,509
2021 $8,716 $104,231 $23,638 $80,593
2020 $8,489 $100,541 $22,801 $77,740
2019 $8,285 $96,230 $21,823 $74,407
2018 $9,718 $107,950 $22,571 $85,379
2017 $9,529 $101,695 $21,263 $80,432
2016 $9,399 $95,381 $19,943 $75,438
2013 -- $92,983 $18,604 $74,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10698413

Midwest Real Estate Data (MRED)

APN: 19-35-377-012