NOT LISTED FOR SALE

354 Lake Gillilan Way Unit 212D Algonquin, IL 60102

Estimated Value: $291,000 - $333,000

2 Beds
3 Baths
1,610 Sq Ft
$212/mo HOA Fee

Last Sold February 10, 2018

Last sale price $156,000 $97 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,455/month

82 Days on Market

Highlights

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

About This Home

As of February 2018

Bright & cheerful condo with exceptional quality. Dark hardwood on entire 1st floor, arched entry, oak railings & vaulted ceilings. A designed to perfection kitchen featuring oak cabinets, food pantry & stainless steel appliances. Large dining area off kitchen with sliding glass doors. Stylish upstairs loft overlooks soaring 2 story living room with wall of windows. Masterbedroom features walk in closet, peaceful sitting room & luxury bath. Neutral paint & carpet thru-out entire unit. Beautiful courtyard in back. This is a Fannie Mae HomePath property.

Last Listed By

Joseph Mueller

Tanis Group Realty License #471006369 Listed on: 10/06/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,898

Year Built

  • 2001

HOA Fees

  • $212 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

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

Interior Spaces

  • Vaulted Ceiling
  • Loft
  • Wood Flooring
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • $4,680 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,898

Year Built

2001

Lot Details

0

HOA Fees

$212 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2001
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2001

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 15X14, On Level: Main Level
  • Basement: Crawl
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X10, On Level: Main Level
  • Kitchen Type: Dimensions: 12X09, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 21X18, On Level: 2nd Level
  • Additional Room 1 Name: Loft, Dimensions: 13X12, On Level: 2nd Level
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level
  • Estimated Sq Ft: 1610
  • Dining Room Type: Separate

Exterior Features

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

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 99
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 212
  • Management Contact Name: Sara Hines
  • Management Phone: 815-459-9187

Fee Information

  • Management Company: Northwest Property Management

Schools

  • School District: 300
  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: 217 X 250 X 114 X 113 X 40
  • Parcel Identification Number: 0302126045

Multi Family

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

Tax Info

  • Taxes: 4771.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2017
Closed on
Feb 8, 2018
Sold by
Fannie Mae
Bought by
Arce Luis
Seller's Agent
Joseph Mueller
Tanis Group Realty
Buyer's Agent
Sherri Esenberg
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$184,900
Sold Price
$156,000
Premium/Discount to List
-$28,900
-15.63%
Total Days on Market
82
Current Estimated Value
$314,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,310
Avg. Annual Appreciation
9.89%
Original Mortgage
$151,300
Outstanding Balance
$131,124
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$178,570

Purchase Details

Closed on
Jun 19, 2017
Sold by
Holtz Brian
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 12, 2006
Sold by
Abela Daniel L and Abela Paula J
Bought by
Holtz Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2001
Sold by
Realen Homes Lp
Bought by
Abela Daniel L and Edsill Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,624
Interest Rate
7.18%
Mortgage Type
FHA

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
Arce Luis $156,000 First American Title
Federal National Mortgage Association -- Premier Title
Holtz Brian $223,000 Atg
Abela Daniel L $186,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arce Luis $151,300
Previous Owner Holtz Brian $167,050
Previous Owner Holtz Brian $35,000
Previous Owner Holtz Brian $178,400
Previous Owner Holtz Brian $22,250
Previous Owner Abela Daniel L $172,150
Previous Owner Abela Daniel L $39,700
Previous Owner Abela Daniel L $173,832
Previous Owner Abela Daniel L $11,991
Previous Owner Abela Daniel L $176,624
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2018 02/10/18 Sold $156,000 -2.4% $97 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
12/06/2017 12/06/17 Price Changed $159,900 -5.9% $99 / Sq Ft
11/06/2017 11/06/17 Price Changed $169,900 -8.1% $106 / Sq Ft
10/06/2017 10/06/17 For Sale $184,900 -- $115 / 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
2023 $5,898 $72,465 $7,532 $64,933
2022 $5,587 $66,855 $7,532 $59,323
2021 $5,443 $63,125 $7,112 $56,013
2020 $5,346 $61,706 $6,952 $54,754
2019 $5,201 $58,578 $6,600 $51,978
2018 $5,421 $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: MRD09771269

Midwest Real Estate Data (MRED)

APN: 03-02-126-045