NOT LISTED FOR SALE

326 Lake Gillilan Way Unit 241E Algonquin, IL 60102

Estimated Value: $249,000 - $347,000

2 Beds
2 Baths
1,782 Sq Ft
$173/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $185,000 $104 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,334/month

15 Days on Market

Highlights

  • Landscaped Professionally
  • End Unit
  • Balcony
  • Algonquin Lakes Elementary School Rated A-
  • L-Shaped Dining Room
  • Patio

About This Home

As of April 2018

RAISED RANCH STYLE TOWNHOME IN DESIRABLE ALGONQUIN LAKES ON THE EAST SIDE OF THE RIVER FEATURING 2 BEDROOM'S UPSTAIRS BUT ROOM TO MAKE A 3RD IN WALKOUT LOWER LEVEL, VAULTED CEILINGS IN LIVING ROOM, DINING ROOM & KITCHEN, BUILT IN ISLAND/TABLE IN UPGRADED KITCHEN WITH WOOD LAMINATE FLOORS, BALCONY OFF DINING ROOM BACKING TO SINGLE FAMILY HOMES, MASTER SUITE WITH WALK-IN CLOSET & FULL BATH, HUGE LOWER LEVEL FAMILY ROOM WITH FIREPLACE AND SLIDING GLASS DOOR TO PRIVATE PATIO, OPEN FLOOR PLAN! ALGONQUIN LAKES FEATURES~PARKS, PLAYGROUNDS, BASKETBALL COURT, BASEBALL FIELDS, GOLF DISC COURSE, ELEMENTARY SCHOOL AND MORE...DON'T MISS OUT!

Last Agent to Sell the Property

Tracy McBreen

@properties Christie's International Real Estate License #475138995 Listed on: 03/01/2018

@properties Christie's International Real Estate

Last Buyer's Agent

Michael Volpe

HomeSmart Connect LLC License #475142869

HomeSmart Connect LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,271

Year Built

  • Built in 2002

Lot Details

  • End Unit
  • Landscaped Professionally

HOA Fees

  • $239 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,782 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Screens
  • Family Room with Fireplace
  • Living Room
  • L-Shaped Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Satellite Dish

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Robert Moravec Association, Phone Number (815) 459-9187
  • Algonquin Lakes Subdivision, Washington 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

$5,271

Year Built

Built in 2002

Lot Details

0

HOA Fees

$239 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: ALGONQUIN LAKES
  • Year Built: 2002
  • Age: 16-20 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
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Finished, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Laminate
  • Interior Amenities: Cathedral Ceiling(s)
  • LivingArea: 1782
  • Other Equipment: TV-Dish, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Fireplace Location: Family Room

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Vinyl Siding, Brick
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 239
  • Association Amenities: Bike Room/Bike Trails, Park
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Management Company: Northwest Property Management
  • Management Contact Name: Robert Moravec
  • Management Phone: 815-459-9187X223

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON GROUNDS
  • 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: 5271.06
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Apr 9, 2018
Sold by
Kalra Archana and Kalra Chandni
Bought by
Alkanat Leyla S
Seller's Agent
Tracy McBreen
@properties Christie's International Real Estate
Buyer's Agent
Michael Volpe
HomeSmart Connect LLC
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Current Estimated Value
$308,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,951
Avg. Annual Appreciation
6.97%
Original Mortgage
$181,649
Outstanding Balance
$156,215
Interest Rate
4.44%
Mortgage Type
FHA
Estimated Equity
$152,736

Purchase Details

Closed on
Dec 16, 2014
Sold by
Kalra Brij M
Bought by
Kalra Archana and Kalra Chandrin

Purchase Details

Closed on
Oct 20, 2014
Sold by
Karla Brij M
Bought by
Kalra Archana and Kalra Chandri

Purchase Details

Closed on
Jan 17, 2009
Sold by
Kalra Brij and Kalra Sudesh
Bought by
Revocable Trust Of Brij M Kalra

Purchase Details

Closed on
Oct 20, 2003
Sold by
Tasedan Daniel E and Tasedan Lena M
Bought by
Kalra Brij and Kalraj Sudesh

Purchase Details

Closed on
Jun 11, 2001
Sold by
Realen Homes Lp
Bought by
Tasedan Daniel E and Castoro Lena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,300
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alkanat Leyla S $185,000 Chicago Title
Kalra Archana -- None Available
Kalra Archana -- None Available
Revocable Trust Of Brij M Kalra -- None Available
Kalra Brij $220,000 --
Tasedan Daniel E $188,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alkanat Leyla S $181,649
Previous Owner Tasedan Daniel E $169,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $185,000 -2.6% $104 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $189,900 -- $107 / 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 $5,611 $81,806 $8,371 $73,435
2023 $5,340 $73,606 $7,532 $66,074
2022 $5,374 $70,310 $7,532 $62,778
2021 $5,207 $66,387 $7,112 $59,275
2020 $5,102 $64,894 $6,952 $57,942
2019 $4,937 $61,605 $6,600 $55,005
2018 $5,314 $57,638 $6,469 $51,169
2017 $5,126 $53,917 $6,051 $47,866
2016 $5,271 $52,205 $5,859 $46,346
2015 -- $48,918 $5,490 $43,428
2014 -- $43,837 $5,338 $38,499
2013 -- $45,178 $5,501 $39,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09869942

Midwest Real Estate Data (MRED)

APN: 03-02-126-039