NOT LISTED FOR SALE

366 Lake Gillilan Way Unit 20/1 Algonquin, IL 60102

Estimated Value: $325,000 - $356,000

3 Beds
3 Baths
1,778 Sq Ft
$291/mo HOA Fee

Last Sold March 12, 2021

Last sale price $214,000 $120 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,653/month

2 Days on Market

Highlights

  • Updated Kitchen
  • Open Floorplan
  • Main Floor Bedroom
  • Algonquin Lakes Elementary School Rated A-
  • Vaulted Ceiling
  • Walk-In Pantry

About This Home

As of March 2021

Welcome Home. This 3 bed 3 bath end unit with balcony and walk out lower level is move-in ready! Perfectly located close to schools, grocery, and just 2 miles from downtown Algonquin. Recent updates include: appliances, water heater, water softener, remodeled baths, roofing and siding have been updated in the last 5 years. Upper level features vaulted ceilings, gas fireplace, separate dining space, updated kitchen, 2 beds and 2 full baths. Lower level has 9 ft ceilings and additional bedroom and full bath, plus laundry and storage. Large sliding glass door on the lower level provides tons of natural light. Neutral color schemes are perfect for anyone's taste. 2 car garage in a cul de sac location. You will love it!

Last Listed By

Kendra Perham

Suburban Life Realty, Ltd. License #475145705 Listed on: 02/05/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,611

Year Built

  • 2003

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $291 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Blinds
  • Storage

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Soaking Tub
  • Garden Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Water Softener is Owned

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,611

Year Built

2003

Lot Details

0

HOA Fees

$291 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 2003
  • Type Attached: Split Level
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, 1st Floor Bedroom, In-Law Arrangement, Storage, Walk-In Closet(s), 9' Ceiling, Open Floorplan, Drapes/Blinds
  • Number Of Rooms: 7
  • Living Room: Dimensions: 16X16, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances, Water Softener Owned, Gas Oven
  • Equipment: Water-Softener Owned, CO Detectors, Ceiling Fan
  • Fireplace Details: Gas Starter
  • Fireplace Location: Living Room
  • Basement: Walkout
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Garden Tub, Soaking Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 9X6, On Level: Lower, Flooring: Vinyl
  • Dining Room: Dimensions: 10X9, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 9X13, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet, Pantry, Updated Kitchen
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X16, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 10X10, On Level: Lower, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1778
  • Family Room: Dimensions: 16X18, On Level: Lower, Flooring: Carpet

Exterior Features

  • Exterior Building Type: Vinyl Siding, Brick
  • Exposure: S (South), E (East)

Garage/Parking

  • Number of Cars: 6
  • Parking: Garage, Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • 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

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessed Sq Ft: 1778
  • Assessment Association Fees: 291
  • Management Contact Name: any
  • Management Phone: 815-459-9187

Fee Information

  • Management Company: Northwest Property Management

Schools

  • School District: 300
  • Elementary School: Algonquin Lake Elementary School
  • Middle School: Algonquin Middle School
  • High School: Dundee-Crown High School
  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 0302126053

Multi Family

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

Tax Info

  • Taxes: 5262.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Feb 26, 2021
Sold by
Mcdonald Megan L
Bought by
Garcia Francisco and Frias Francisca
Seller's Agent
Kendra Perham
Suburban Life Realty, Ltd.
Buyer's Agent
Ruben Acevedo
Global Ruben's Team Realty
List Price
$214,000
Sold Price
$214,000
Total Days on Market
2
Current Estimated Value
$340,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,073
Avg. Annual Appreciation
11.69%
Original Mortgage
$203,300
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2015
Closed on
Apr 17, 2015
Sold by
Dabak Vineer and Dabak Amita
Bought by
Mcdonald Megan L
Seller's Agent
Tracy McBreen
@properties Christie's International Real Estate
Buyer's Agent
Kendra Perham
Suburban Life Realty, Ltd.
List Price
$193,000
Sold Price
$183,000
Premium/Discount to List
-$10,000
-5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Original Mortgage
$179,685
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2008
Sold by
Becker Lori A
Bought by
Dabak Vineet and Dabak Amita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2003
Sold by
Realen Homes L P
Bought by
Becker Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

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
Garcia Francisco $214,000 First American Title
Mcdonald Megan L $183,000 Attorneys Title Guaranty Fun
Dabak Vineet $225,000 Landamerica-Lawyers Title
Becker Lori A $211,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Francisco $203,300
Previous Owner Mcdonald Megan L $179,685
Previous Owner Dabak Vineet $175,000
Previous Owner Dabak Vineet $180,000
Previous Owner Becker Lori A $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $214,000 0.0% $120 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $214,000 +16.9% $120 / Sq Ft
04/17/2015 04/17/15 Sold $183,000 -5.2% $103 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $193,000 -- $108 / 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 $5,611 $76,937 $7,532 $69,405
2022 $5,725 $74,499 $7,532 $66,967
2021 $5,548 $70,342 $7,112 $63,230
2020 $5,437 $68,760 $6,952 $61,808
2019 $5,263 $65,275 $6,600 $58,675
2018 $4,815 $58,222 $6,469 $51,753
2017 $4,608 $54,464 $6,051 $48,413
2016 $4,719 $52,734 $5,859 $46,875
2015 -- $49,413 $5,490 $43,923
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: MRD10988146

Midwest Real Estate Data (MRED)

APN: 03-02-126-053