NOT LISTED FOR SALE

261 Lake Gillilan Way Algonquin, IL 60102

Estimated Value: $514,369

4 Beds
3.5 Baths
3,192 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $350,000 $110 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,775/month

8 Days on Market

Highlights

  • Lake Front
  • Home Theater
  • Community Lake
  • Algonquin Lakes Elementary School Rated A-
  • Landscaped Professionally
  • Deck

About This Home

As of May 2020

It's all about LOCATION LOCATION LOCATION...! SO MANY IMPROVEMENTS to this home! Boasting over 3100 Sq ft and that does not include the Finished Walk-out Basement! 2-Story Foyer & Open Floor Plan ~ Arch way & Pillars separate the Living Room, featuring UPGRADED box bay window and chair rail, from the FORMAL Dining Room ~ First Floor Den with built-in shelving ~ Totally REMODELED Kitchen includes LARGE ISLAND, 42" UPGRADED Cabinets, CUSTOM Wine Rack, Stainless Steel Appliances, CUSTOM lighting, Breakfast area & TWO PANTRY'S ~ LARGE 2-Story FAMILY ROOM with AMAZING VIEWS of the LAKE, Gas Fireplace with Custom stone surround and Mantel ~ UPGRADED Back Stair Case for additional access to second floor ~ Master Suite is sure to impress with Trey Ceiling, TWO Walk-in Closets, LUXURY BATH featuring UPDATED Dual Vanity and Separate Tub/Shower ~ Bedrooms Two and Three share the Jack-n-Jill Bath ~ 4th Bedroom has Walk-in Closet ~ Convenient Second Floor Laundry with Newer Washer & Dryer ~ FINISHED Walk-out Basement with Full Bath, Media area, Game Room and Recreation area. FRESHLY PAINTED throughout! NEW light fixtures throughout! NEWER flooring! NEWER Roof! NEWER A/C unit! NEWER Hot Water Heater! Newer Insulated Garage Doors! LARGE Deck! Fire Pit! Serene Views of Nature and the Lake right out your door as well as all Algonquin Lakes has to offer... Parks, Walking Trails, Bike Path, Elementary School and more....

Last Listed By

Tracy McBreen

@properties Christie's International Real Estate License #475138995 Listed on: 03/31/2020

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,845

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 87 x 120 x 81 x 120
  • Lake Front
  • Property is adjacent to nature preserve
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,192 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Home Theater
  • Den
  • Recreation Room
  • Game Room
  • Laminate Flooring
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Additional Features

  • Deck
  • Property is near a park

Community Details

  • Algonquin Lakes Subdivision, Devonshire Floorplan
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,845

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Algonquin Lakes
  • Year Built: 2001
  • Age: 16-20 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: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1532
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Wood Laminate Floors, Second Floor Laundry, Built-in Features, Walk-In Closet(s)
  • LivingArea: 3192
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Breakfast Room, Den, Recreation Room, Game Room, Media Room
  • Estimated Total Finished Sq Ft: 1532
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Finished,Pull Down Stair
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 350000
  • Lot Features: Nature Preserve Adjacent, Lake Front, Landscaped, Water View
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

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 Dimensions: 87 X 120 X 81 X 120
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10844.52
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2020
Closed on
May 15, 2020
Sold by
Zamudio June
Bought by
Zurawski Daniel John
Seller's Agent
Tracy McBreen
@properties Christie's International Real Estate
Buyer's Agent
Yvonne Rusin
Coldwell Banker Realty
List Price
$350,000
Sold Price
$350,000
Total Days on Market
8
Current Estimated Value
$514,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,369
Avg. Annual Appreciation
7.80%
Original Mortgage
$329,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2017
Closed on
Aug 9, 2017
Sold by
Walsh Edwin C and Walsh Teresa
Bought by
Zamudio Homero and Zamudio Jane
Seller's Agent
Tracy McBreen
@properties Christie's International Real Estate
Buyer's Agent
Rene Zamudio
Fidelity Realty
List Price
$339,900
Sold Price
$320,000
Premium/Discount to List
-$19,900
-5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$288,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2001
Sold by
Realen Homes Lp
Bought by
Walsh Edwin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,404
Interest Rate
7.18%

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 Buyer Sale Price Title Company
Zurawski Daniel John $350,000 Attorney
Zamudio Homero $320,000 Nlt Title Llc
Walsh Edwin C $328,663 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zurawski Daniel John $70,000
Open Zurawski Daniel John $327,000
Closed Zurawski Daniel John $329,000
Previous Owner Zamudio Homero $288,000
Previous Owner Walsh Edwin C $95,000
Previous Owner Walsh Edwin C $43,685
Previous Owner Walsh Edwin C $304,000
Previous Owner Walsh Edwin C $300,700
Previous Owner Walsh Edwin C $300,404
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $350,000 0.0% $110 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $350,000 +9.4% $110 / Sq Ft
11/14/2017 11/14/17 Off Market $320,000 -- --
08/11/2017 08/11/17 Sold $320,000 -3.0% $100 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
06/05/2017 06/05/17 Price Changed $329,900 -1.5% $103 / Sq Ft
05/22/2017 05/22/17 Price Changed $334,900 -1.5% $105 / Sq Ft
04/27/2017 04/27/17 For Sale $339,900 -- $106 / 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
2023 $10,921 $138,454 $23,939 $114,515
2022 $11,141 $135,906 $25,513 $110,393
2021 $10,702 $126,612 $23,768 $102,844
2020 $10,428 $122,130 $22,927 $99,203
2019 $10,183 $116,893 $21,944 $94,949
2018 $10,845 $119,774 $22,571 $97,203
2017 $10,639 $112,834 $21,263 $91,571
2016 $10,498 $105,828 $19,943 $85,885
2013 -- $104,380 $18,604 $85,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10675796

Midwest Real Estate Data (MRED)

APN: 19-35-377-013