NOT LISTED FOR SALE

317 Lake Gillilan Way Unit 16/4 Algonquin, IL 60102

Estimated Value: $315,000 - $316,829

2 Beds
2.5 Baths
-- Sq Ft
$248/mo HOA Fee

Last Sold April 08, 2022

Last sale price $250,000

Est. 26% increase in value since last sale

Current estimated payment $2,392/month

6 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • End Unit
  • Algonquin Lakes Elementary School Rated A-
  • Loft
  • 5-minute walk to Algonquin Lakes Park

About This Home

As of April 2022

Beautiful end unit with a great location in Algonquin Lakes! The home boasts 2 bedrooms, 2.5 bathrooms, a large loft (currently used as a family room) but would make a great office or 3rd bedroom. Also features a separate dining room and eat-in kitchen. Hardwood floors in the entry, hall, powder room, and large kitchen boasts high ceilings for a feel of spaciousness. First-floor laundry off the generous two-car garage. Bright Living includes two-story ceilings, a wall of windows, and a fireplace. Walking distance to schools, parks, and walking/bike trails. HOME WARRANTY INCLUDED!

Last Agent to Sell the Property

Sandra Anchor

RE/MAX Plaza License #475159409 Listed on: 02/15/2022

RE/MAX Plaza

Last Buyer's Agent

Svetlozar Momtchilov

Runway Realty Inc License #475109974

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,024

Year Built

  • Built in 2001

HOA Fees

  • $248 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

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

Additional Features

  • Patio
  • End Unit

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

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

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,024

Year Built

Built in 2001

Lot Details

0

HOA Fees

$248 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • 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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit
  • Other Equipment: Humidifier, Ceiling Fan(s)
  • Room Type: Loft
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1610
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 250000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 248
  • 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: Marjorie
  • Management Phone: 815-459-9187
  • 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: 3
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5024.38
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2001
Sold by
Realen Homes Lp
Bought by
Zage Kristin E
Current Estimated Value
$315,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
6.99%
Source: Public Records

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
Zage Kristin E $184,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zage Kristin E $147,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $250,000 0.0% --
02/22/2022 02/22/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $250,000 -- --
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 $5,646 $82,261 $8,371 $73,890
2023 $5,373 $74,016 $7,532 $66,484
2022 $5,293 $69,339 $7,532 $61,807
2021 $5,128 $65,470 $7,112 $58,358
2020 $5,024 $63,998 $6,952 $57,046
2019 $4,862 $60,754 $6,600 $54,154
2018 $4,868 $58,797 $6,469 $52,328
2017 $4,659 $55,001 $6,051 $48,950
2016 $4,771 $53,254 $5,859 $47,395
2015 -- $49,901 $5,490 $44,411
2014 -- $44,499 $5,338 $39,161
2013 -- $45,861 $5,501 $40,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11318960

Midwest Real Estate Data (MRED)

APN: 03-02-127-011