NOT LISTED FOR SALE

305 Lake Gillilan Way Unit 3 Algonquin, IL 60102

Estimated Value: $283,000 - $313,000

2 Beds
2.5 Baths
1,610 Sq Ft
$189/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $292,000 $181 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,301/month

2 Days on Market

Highlights

  • Wood Flooring
  • Loft
  • 2 Car Attached Garage
  • Algonquin Lakes Elementary School Rated A-
  • Cul-De-Sac
  • 5-minute walk to Algonquin Lakes Park

About This Home

As of July 2024

Opportunity presents itself with this absolutely move-in ready townhome located in Algonquin Lakes Community! You'll fall in love with the gorgeous hardwood floors throughout the main level the second you walk in. Open floor concept on the 1st floor with 9ft ceilings, neutral paint & white trim/crown molding. Large eat-in kitchen with black cabinets, stainless steel appliances, and a pantry closet. Spacious living/dining combo with sliders out to your private patio and yard. 2nd level boasts two master suites each with their own bathroom and walk in closet! Loft area right off the stairs that makes for a great home office. The garage features a 240V outlet for charging your EV! This home has a cul-de-sac location. Maintenance free living with the lawn care and snow removal taken care of! Neighborhood amenities include a park/playground, basketball courts, walking/biking paths and walking distance to the Algonquin Lakes Elementary School. Short drive to I-90! Close to Rt. 62 & Rt 25, shopping, grocery stores and restaurants. Don't wait to see this one!

Last Agent to Sell the Property

Blake Bauer

Baird & Warner License #475118060 Listed on: 06/14/2024

Baird & Warner

Last Buyer's Agent

Kim Alden

Compass License #475122036

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,148

Year Built

  • Built in 2001

HOA Fees

  • $254 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,610 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Combination Dining and Living Room
  • Loft
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Schools

  • Algonquin Lake Elementary School
  • Algonquin Middle School
  • Dundee-Crown High School

Utilities

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

Additional Features

  • Patio
  • Cul-De-Sac

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Lindsey Richter Association, Phone Number (815) 459-9187
  • Algonquin Lakes Subdivision, Georgetown Floorplan
  • Property managed by Northwest Property Management

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,148

Year Built

Built in 2001

Lot Details

0

HOA Fees

$254 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Algonquin Lakes
  • Year Built: 2001
  • Age: 21-25 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
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Water Softener Owned
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Walk-In Closet(s), Ceiling - 9 Foot
  • LivingArea: 1610
  • Other Equipment: Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: Loft
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 290000
  • Lot Features: Cul-De-Sac
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • 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: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 254
  • Association Amenities: Bike Room/Bike Trails, Park
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Northwest Property Management
  • Management Contact Name: Lindsey Richter
  • Management Phone: 815-459-9187X223
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

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

Lot Info

  • Lot Dimensions: PER SURVEY
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5148
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 19, 2024
Sold by
Jabines Jacqueline Ponce
Bought by
Granados Carlos Alberto and Granados Nathalia
Seller's Agent
Blake Bauer
Baird & Warner
Buyer's Agent
Kim Alden
Compass
List Price
$290,000
Sold Price
$292,000
Premium/Discount to List
$2,000
0.69%
Views
28
Current Estimated Value
$304,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,191
Avg. Annual Appreciation
2.51%
Original Mortgage
$283,240
Outstanding Balance
$281,152
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$19,573

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 31, 2020
Sold by
Funke Jason
Bought by
Jabines Jacqueline Ponce
Seller's Agent
Tracy McBreen
@properties Christie's International Real Estate
Buyer's Agent
Blake Bauer
Baird & Warner
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%
Original Mortgage
$189,150
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2012
Sold by
Funke Jason and Herron Scott
Bought by
Funke Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,072
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2005
Sold by
Ross Joelle A and Ciardella Joelle A
Bought by
Funke Jason and Herron Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,800
Interest Rate
5.8%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2001
Sold by
Realen Homes Lp
Bought by
Ciardella Joelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.97%
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
Granados Carlos Alberto $292,000 None Listed On Document
Jabines Jacqueline Ponce $195,000 Attorney
Funke Jason -- Lsi Title Agency Inc
Funke Jason $206,000 Ticor Title Insurance Co
Ciardella Joelle A $171,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Granados Carlos Alberto $283,240
Previous Owner Jabines Jacqueline Ponce $189,150
Previous Owner Funke Jason $189,072
Previous Owner Funke Jason $199,800
Previous Owner Ciardella Joelle A $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $292,000 +0.7% $181 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $290,000 +48.7% $180 / Sq Ft
08/31/2020 08/31/20 Sold $195,000 -2.5% $121 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $199,900 -- $124 / 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 $5,224 $76,714 $8,371 $68,343
2023 $4,967 $69,025 $7,532 $61,493
2022 $5,148 $67,602 $7,532 $60,070
2021 $4,987 $63,830 $7,112 $56,718
2020 $4,886 $62,395 $6,952 $55,443
2019 $4,726 $59,232 $6,600 $52,632
2018 $4,684 $56,806 $6,469 $50,337
2017 $4,482 $53,139 $6,051 $47,088
2016 $4,589 $51,452 $5,859 $45,593
2015 -- $48,212 $5,490 $42,722
2014 -- $43,359 $5,338 $38,021
2013 -- $44,686 $5,501 $39,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12079818

Midwest Real Estate Data (MRED)

APN: 03-02-127-006