$360,000
SOLD JUN 24, 2024

306 Lake Gillilan Way Unit 261 Algonquin, IL 60102

3 Beds
3 Baths
1,782 Sq Ft
$283/mo HOA Fee

Recently Sold

$202 Per Sq Ft

3% Above List Price

1 Day on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • End Unit
  • Algonquin Lakes Elementary School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of June 2024

WOW - Look no further ! Beautiful corner townhome located in a safe, very friendly, and highly desirable "Algonquin Lakes" area. Over 1700+ sg ft of living space with natural sunlight throughout. As you open the front door, you will be amazingly surprised with what this rarely available "end unit" has to offer. Great, large open concept welcomes you to both the upstairs and downstairs living spaces. Main Floor Offers: Spacious living room with "wow- look at the fire place" vaulted ceilings, gorgeous windows, hardwood flooring throughout, opening to dining with walk-out onto balcony where you can enjoy your morning coffee. Beautifully updated kitchen with custom cabinets, marble counter tops, high-end stainless steel appliances and ProEcoLife Water Filter system. If you see Samsung home theater system - Yes it Stays. Master Suite impresses with a walk-in closet and luxury bath with dual vanities, tub and separate shower. Generous 2nd bedroom and a nice full hallway bathroom. Lower-Level Offers: Large family room & yet again featuring hardwood flooring throughout with sliding doors to a nice walkout patio. A 3rd nice size bedroom and a full bath on this level makes it perfect for a teen suite, guests or in-law arrangement. Utility/Laundry room: Heater & Humidifier (2023) ProEcoLife Water softener installed (2023) Water heater (2016) Stackable Washer/Dryer (2017) and convenient laundry room vanity w/sink. 2 Car Garage. MUST SEE !!! Don't miss this buying opportunity to make this your own new home that is near the Elementary School, parks, playground, walking/biking path, shopping, dining, frisbee, golf, the Fox River, lakes and so much more....DONT' WAIT Schedule you're showing now !

Last Agent to Sell the Property

Barbara Mackowiak

HomeSmart Connect LLC License #475181343 Listed on: 05/16/2024

HomeSmart Connect LLC

Last Buyer's Agent

Oleg Baliuk

KOMAR License #475197921

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,652

Year Built

  • Built in 2003

Lot Details

  • End Unit

HOA Fees

  • $283 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,782 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Home Security

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Jeff Dewart Association, Phone Number (847) 252-7700
  • Algonquin Lakes Subdivision, Washington Floorplan
  • Property managed by DeWart Management & Maintenance LLC

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Pets up to 150 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,652

Year Built

Built in 2003

Lot Details

0

HOA Fees

$283 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: 2003
  • 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
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, In-Law Arrangement, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s)
  • LivingArea: 1782
  • Other Equipment: Humidifier, Water-Softener Owned, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm,Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Patio, Storms/Screens, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 349900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • 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: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 283
  • 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: DeWart Management & Maintenance LLC
  • Management Contact Name: Jeff Dewart
  • Management Phone: 847-252-7700
  • 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

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 150

Tax Info

  • Tax Annual Amount: 5652
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 21, 2024
Sold by
Bukowska Natalia M and Bukowska Krzysztof
Bought by
Vakalyuk Lyudmyla Plyuta
Seller's Agent
Barbara Mackowiak
HomeSmart Connect LLC
Buyer's Agent
Oleg Baliuk
KOMAR
List Price
$349,900
Sold Price
$360,000
Premium/Discount to List
$10,100
2.89%
Views
19
Current Estimated Value
$350,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,744
Avg. Annual Appreciation
1.14%
Original Mortgage
$180,000
Outstanding Balance
$178,540
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$186,695

Purchase Details

Listed on
Oct 20, 2016
Closed on
Jan 16, 2017
Sold by
Castillo Wanda
Bought by
Bukowski Krzysztof and Bukowski Natalia M
Seller's Agent
Kim Suhanek
@properties Christie's International Real Estate
Buyer's Agent
Wesley Waligora
Villager Realty
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$171,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2015
Sold by
Castillo Wanda and Germanetti William D
Bought by
Castillo Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,954
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2007
Sold by
Manzella Vincenzo
Bought by
Castillo Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2002
Sold by
Realen Homes Lp
Bought by
Manzella Vincenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,550
Interest Rate
6.13%
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 $360,000 None Listed On Document
Warranty Deed $126,666 Attorneys Title Guaranty Fun
Interfamily Deed Transfer -- Fidelity Natl Title Ins Co
Warranty Deed $226,000 Multiple
Warranty Deed $225,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 New Conventional
Previous Owner $171,000 New Conventional
Previous Owner $131,954 New Conventional
Previous Owner $113,000 Purchase Money Mortgage
Previous Owner $202,550 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $360,000 +2.9% $202 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $349,900 +84.2% $196 / Sq Ft
01/26/2017 01/26/17 Sold $190,000 -2.6% $107 / Sq Ft
12/07/2016 12/07/16 Pending -- -- --
11/13/2016 11/13/16 Price Changed $195,000 -7.1% $109 / Sq Ft
10/20/2016 10/20/16 For Sale $210,000 -- $118 / 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 $5,838 $84,789 $8,371 $76,418
2023 $5,558 $76,290 $7,532 $68,758
2022 $5,652 $73,635 $7,532 $66,103
2021 $5,478 $69,526 $7,112 $62,414
2020 $5,368 $67,963 $6,952 $61,011
2019 $5,196 $64,518 $6,600 $57,918
2018 $5,079 $61,081 $6,469 $54,612
2017 $4,862 $57,138 $6,051 $51,087
2016 $4,980 $55,324 $5,859 $49,465
2015 -- $51,840 $5,490 $46,350
2014 -- $47,376 $5,338 $42,038
2013 -- $48,826 $5,501 $43,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12056843

Midwest Real Estate Data (MRED)

APN: 03-02-126-066