NOT LISTED FOR SALE

324 Lake Gillilan Way Unit 242 Algonquin, IL 60102

Estimated Value: $306,718 - $318,000

2 Beds
3 Baths
1,610 Sq Ft
$185/mo HOA Fee

Last Sold August 29, 2016

Last sale price $155,000 $96 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,262/month

119 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Loft
  • Algonquin Lakes Elementary School Rated A-
  • Wood Flooring
  • Walk-In Pantry

About This Home

As of August 2016

NEW CARPETING!!!! Huge 1610 Sq Ft 2 Bedroom 2.5 Bath Townhouse W/Private Entrance & Patio! Perfection From The First Steps, New Hardwood Floors In Fantastic Open Foyer W/View Of Wood Railing & Great Room, W/Gas Fireplace. Huge Eat In Kitchen Offers Tons Of Oak Cabinets, Great Counter Space, Hardwood Flooring, & Large Table Area! Dining Room Hardwood Floors, Upgraded Lighting, Offers Beautiful View Of Private Patio, Private Backyard Setting, & 2 Private Garden Areas! The Great Room Is Massive W/Pre-Wired In Wall Entertainment Wires, Open 2 Story Area, Newer Upgraded Lighting/Ceiling Fan, Gas Fireplace & Amazing Views Of Open Railing Loft Area! Loft Offers Endless Possibilities, Great Space for Office/2nd Living Rm/Or Convert To Bedroom & More! Master Suite Offers Wood Flooring, Large Sitting Area, Giant Walk-In Closet With New Organizers & Private Master Bath. 2nd Bedroom Offers Great Closet Space! Thousands In Recent Updates! Newer Appliances Fridge, Dishwasher & Brand Microwav

Last Agent to Sell the Property

Jim Silva

Five Star Realty, Inc License #471009218 Listed on: 03/30/2016

Last Buyer's Agent

Kate Schumacher

Baird & Warner Real Estate - Algonquin License #471005002

Baird & Warner Real Estate - Algonquin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,097

Year Built

  • 2001

Lot Details

  • East or West Exposure
  • Landscaped Professionally

HOA Fees

  • $185 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Loft
  • Storage
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,097

Year Built

2001

Lot Details

0

HOA Fees

$185 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2001
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2001

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Equipment: CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Slab
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 8X4, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 15X12, On Level: 2nd Level, Flooring: Wood Laminate, Windows: None
  • Additional Room 1 Name: Loft, Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1610
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 100
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Park/Playground
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Special Assessments: U
  • Assessment Association Fees: 185
  • Management Contact Name: Robert Moravec
  • Management Phone: 815-459-9187X223

Fee Information

  • Management Company: Northwest Property

Schools

  • School District: 300
  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 0302126040

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 4566.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Tenorio Steve F and Tenorio Rachel A
Bought by
Osborn Matthew and Osborn Debra L
Current Estimated Value
$311,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2016
Closed on
Aug 25, 2016
Sold by
Catania Christopher V and Catania Colleen M
Bought by
Tenorio Steve F and Tenorio Rachel A
Seller's Agent
Jim Silva
Five Star Realty, Inc
Buyer's Agent
Kate Schumacher
Baird & Warner Real Estate - Algonquin
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$139,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2006
Sold by
Knutsen Marc R and Knutsen Jennifer
Bought by
Catania Christopher and Catania Colleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 14, 2001
Sold by
Realen Homes Lp
Bought by
Knutsen Marc R and Knutsen Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,100
Interest Rate
7.11%
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
Osborn Matthew $205,000 Fidelity National Title
Tenorio Steve F $155,000 First American Title
Catania Christopher -- Burnet Title Llc
Knutsen Marc R $181,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osborn Matthew $164,000
Previous Owner Tenorio Steve F $139,500
Previous Owner Catania Christopher $167,200
Previous Owner Knutsen Marc R $145,100
Closed Knutsen Marc R $18,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2016 08/29/16 Sold $155,000 -3.4% $96 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/21/2016 07/21/16 Price Changed $160,500 -0.3% $100 / Sq Ft
07/13/2016 07/13/16 Price Changed $161,000 -0.3% $100 / Sq Ft
07/07/2016 07/07/16 Price Changed $161,500 -0.2% $100 / Sq Ft
06/22/2016 06/22/16 Price Changed $161,900 -0.9% $101 / Sq Ft
06/08/2016 06/08/16 Price Changed $163,300 -1.6% $101 / Sq Ft
06/01/2016 06/01/16 Price Changed $165,900 -0.4% $103 / Sq Ft
05/25/2016 05/25/16 Price Changed $166,500 -0.2% $103 / Sq Ft
05/18/2016 05/18/16 Price Changed $166,900 -0.6% $104 / Sq Ft
05/11/2016 05/11/16 Price Changed $167,900 -0.6% $104 / Sq Ft
04/28/2016 04/28/16 Price Changed $168,900 -0.6% $105 / Sq Ft
03/30/2016 03/30/16 For Sale $169,900 -- $106 / 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 $5,097 $83,035 $8,371 $74,664
2023 $4,779 $74,712 $7,532 $67,180
2022 $4,627 $66,370 $7,532 $58,838
2021 $4,886 $62,667 $7,112 $55,555
2020 $4,787 $61,258 $6,952 $54,306
2019 $4,631 $58,153 $6,600 $51,553
2018 $4,725 $57,248 $6,469 $50,779
2017 $4,521 $53,552 $6,051 $47,501
2016 $4,630 $51,851 $5,859 $45,992
2015 -- $48,586 $5,490 $43,096
2014 -- $42,729 $5,338 $37,391
2013 -- $44,037 $5,501 $38,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09179874

Midwest Real Estate Data (MRED)

APN: 03-02-126-040