$315,000
SOLD MAY 15, 2018

270 Lake Gillilan Way Algonquin, IL 60102

4 Beds
4 Baths
3,325 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$95 Per Sq Ft

2% Below List Price

37 Days on Market

Highlights

  • Water Views
  • Recreation Room
  • Wood Flooring
  • Algonquin Lakes Elementary School Rated A-
  • Vaulted Ceiling
  • Den

About This Home

As of December 2023

IT'S ALL ABOUT LOCATION AND THIS DESIRABLE SUMMERHILL MODEL BACKS TO A LAKE IN THE ALGONQUIN LAKES SUBDIVISION! OPEN 2-STORY FOYER! GOURMET KITCHEN BOASTING 42" CABINETS, CORIAN COUNTER TOPS, DOUBLE OVEN, HARDWOOD FLOORS, PLANNING DESK AND BREAKFAST BAR! EAT-IN AREA WITH SLIDING GLASS DOOR TO PATIO, GAS FIREPLACE IN THE LARGE FAMILY ROOM FEATURING HARDWOOD FLOORS! DOUBLE DOOR ENTRY TO THE 1ST FLOOR DEN~GREAT FOR OFFICE/PLAYROOM! DRAMATIC CEILINGS IN THE FORMAL LIVING ROOM! H-U-G-E MASTER SUITE FEATURING TRAY CEILINGS, SITTING ROOM, WALK-IN CLOSET AND A LUXURY BATH BOASTING CERAMIC TILE, SOAKER TUB, SEPARATE SHOWER & DUAL VANITY! FULL FINISHED BASEMENT WITH A HUGE REC ROOM, WET BAR, FULL BATHROOM, GAME ROOM, BONUS ROOM/OFFICE OR USE FOR STORAGE! FENCED YARD! NEW ROOF! THIS ONE WON'T LAST LONG!

Last Agent to Sell the Property

Tracy McBreen

@properties Christie's International Real Estate License #475138995 Listed on: 02/28/2018

@properties Christie's International Real Estate

Last Buyer's Agent

Tania Mihaylova

REMAX Legends License #475137036

REMAX Legends

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,496

Year Built

  • 2002

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Sitting Room
  • Dining Area
  • Den
  • Recreation Room
  • Bonus Room
  • Game Room
  • Wood Flooring
  • Water Views
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,496

Year Built

2002

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Total Sq Ft: 3325
  • Type Detached: 2 Stories
  • Estimated Year Built: 2002
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 14
  • Living Room: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Oven/Built-in
  • Equipment: Humidifier, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: Eating Area, Den, Bonus, Recreation Room, Game Room, Sitting Room
  • Master Bedroom: Dimensions: 19X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Eating Area, Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Den, Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Bonus, Dimensions: 11X07, On Level: Basement, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 4 Name: Recreation Rm, Dimensions: 28X25, On Level: Basement, Flooring: Wood Laminate
  • Bedroom 4: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Game Rm, Dimensions: 18X11, On Level: Basement, Flooring: Wood Laminate
  • Additional Room 6 Name: Sitting, Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 3325
  • Estimated Total Finished Sq Ft: 4890
  • Basement Sq Ft: 1565
  • Basement Finished Sq Ft: 1565
  • Upper Level Sq Ft: 3325
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Stone
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Patio, Storms/Screens
  • Acreage: 0.2368

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 3325

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: 75 X 134
  • Lot Description: Fenced Yard, Water View
  • Parcel Identification Number: 1935376004

Tax Info

  • Taxes: 10168.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Dec 7, 2023
Sold by
Shterev Georgi and Shterev Slavka
Bought by
Silva Daniel A Morales and Morales Marisa
Seller's Agent
Vladimir Rusev
Coldwell Banker Realty
Buyer's Agent
Oscar Brand
RE/MAX City
List Price
$505,000
Sold Price
$460,000
Premium/Discount to List
-$45,000
-8.91%
Views
434
Current Estimated Value
$506,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,097
Avg. Annual Appreciation
7.28%
Original Mortgage
$368,000
Outstanding Balance
$362,161
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$159,133

Purchase Details

Listed on
Feb 28, 2018
Closed on
May 7, 2018
Sold by
Lu Kan and Shi Nancy Guan
Bought by
Shterev Georgi and Ivanon Slavka
Seller's Agent
Tracy McBreen
@properties Christie's International Real Estate
Buyer's Agent
Tania Mihaylova
REMAX Legends
List Price
$319,900
Sold Price
$315,000
Premium/Discount to List
-$4,900
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$299,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2002
Sold by
Realen Homes Lp
Bought by
Lu Kan and Shi Nancy Guan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.92%
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 Type Sale Price Title Company
Warranty Deed $460,000 None Listed On Document
Warranty Deed $315,000 Attorneys Title Guaranty Fun
Warranty Deed $335,702 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $368,000 New Conventional
Previous Owner $299,250 New Conventional
Previous Owner $250,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $460,000 -5.7% $138 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
09/22/2023 09/22/23 Price Changed $488,000 -1.2% $147 / Sq Ft
09/14/2023 09/14/23 Price Changed $494,000 -2.2% $149 / Sq Ft
08/09/2023 08/09/23 For Sale $505,000 +60.3% $152 / Sq Ft
05/15/2018 05/15/18 Sold $315,000 0.0% $95 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
04/04/2018 04/04/18 Price Changed $315,000 -1.5% $95 / Sq Ft
02/28/2018 02/28/18 For Sale $319,900 -- $96 / 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 $11,496 $154,955 $26,709 $128,246
2023 $10,932 $138,588 $23,888 $114,700
2022 $11,205 $136,661 $25,295 $111,366
2021 $10,765 $127,316 $23,565 $103,751
2020 $10,489 $122,809 $22,731 $100,078
2019 $10,242 $117,543 $21,756 $95,787
2018 $10,570 $121,890 $22,571 $99,319
2017 $10,339 $114,828 $21,263 $93,565
2016 $10,169 $107,699 $19,943 $87,756
2013 -- $101,984 $18,604 $83,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09869165

Midwest Real Estate Data (MRED)

APN: 19-35-376-004