$320,000
SOLD AUG 11, 2017

261 Lake Gillilan Way Algonquin, IL 60102

4 Beds
3.5 Baths
3,192 Sq Ft
10,149 Sq Ft Lot

Recently Sold

$100 Per Sq Ft

6% Below List Price

54 Days on Market

Highlights

  • Lake Front
  • Home Theater
  • Deck
  • Algonquin Lakes Elementary School Rated A-
  • Landscaped Professionally
  • Property is adjacent to nature preserve

About This Home

As of May 2020

It's all about Location!Location!Location! It's rare to have a home on the Lake Available in Desirable Algonquin Lakes! This home boasts over 3100 Sqft & that does not include Finished W/O Basement!2 Story Foyer as you enter this open floor plan~New durable wood Laminate flooring!Arch way/Pillars separate Formal Dining Rm & Living Rm w/upgraded box bay window~1st Flr Den w/built-in shelving~Gourmet Kitchen features Island,Double Ovens, 42"Cabinets,Breakfast area & 2 Pantries~Large 2 Story Family rm w/amazing views of the Lake,Wood-burning Fireplace/Custom stone surround & Back Stair Case for another access to 2nd Flr~Master Suite boasts Trey Ceiling,2 Walk-in Closets, Luxury Bath featuring Dual Vanity,Separate Tub & Shower~Jack-n-Jill bath~2nd Flr Laundry~Finished Walkout Basement w/Full Bath,Media area,Game Rm & Rec Rm area~Large Deck~Firepit~Private Swing area to enjoy the Lake & Nature views! New Roof!New Hot Water Heater!Enjoy the Parks,Walking/Bike Path,Elem.School & more....

Last Agent to Sell the Property

Tracy McBreen

@properties Christie's International Real Estate License #475138995

@properties Christie's International Real Estate

Last Buyer's Agent

Rene Zamudio

Fidelity Realty License #471005612

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,498

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
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Home Theater
  • Den
  • Recreation Room
  • Game Room
  • Laminate Flooring
  • Water Views

Kitchen

  • Double Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • 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

Outdoor Features

  • Deck

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

Community Details

  • Algonquin Lakes Subdivision, Devonshire Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,498

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: Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1532
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Wood Laminate Floors, Second Floor Laundry
  • 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
  • Assessed Sq Ft: 3192
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Attic: Finished,Pull Down Stair
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 329900
  • 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: 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: 10497.78
  • Tax Year: 2016
  • 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
54
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%

Map

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 $350,000 Attorney
Warranty Deed $320,000 Nlt Title Llc
Warranty Deed $328,663 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,000 Credit Line Revolving
Open $327,000 New Conventional
Closed $329,000 New Conventional
Previous Owner $288,000 New Conventional
Previous Owner $95,000 Credit Line Revolving
Previous Owner $43,685 Credit Line Revolving
Previous Owner $304,000 Unknown
Previous Owner $300,700 Unknown
Previous Owner $300,404 No Value Available
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

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

Source: Midwest Real Estate Data (MRED)

MLS Number: 09608795

Midwest Real Estate Data (MRED)

APN: 19-35-377-013