$205,000
SOLD JUN 26, 2020

386 Lake Gillilan Way Unit 1 Algonquin, IL 60102

3 Beds
3 Baths
1,782 Sq Ft
$248/mo HOA Fee

Recently Sold

$115 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Algonquin Lakes Elementary School Rated A-
  • Wood Flooring
  • End Unit

About This Home

As of March 2024

FABULOUS Raised Ranch - Style, END UNIT Townhome with 1700+ sq ft of space! This home has a LARGE Vaulted Living Room featuring a Gas Log FIREPLACE and Hardwood flooring ~ REDESIGNED KITCHEN includes CUSTOM Breakfast Bar and Ceramic Tiled flooring and the new design gives you an open floorplan feel ~ Formal Dining Room includes Hardwood flooring and BRAND NEW sliders to the SPACIOUS Deck! Master Suite impresses with a walk-in closet and a LUXURY BATH boasting dual vanities, JACUZZI tub and separate shower ~ Walk-out Lower Level Family Room also features hardwood flooring and brand NEW Sliders to the Patio ~ 3rd Bedroom and a Full Bath in the Lower Level is perfect for teen suite or in-law arrangement ~ Desirable Algonquin Lakes Community with amenities galore: Near the Elementary School, parks, playground, walking/biking path, frisbee golf, the Fox River and so much more....

Last Agent to Sell the Property

Tracy McBreen

@properties Christie's International Real Estate License #475138995

@properties Christie's International Real Estate

Last Buyer's Agent

Vincent Romano

Keller Williams Success Realty License #475123200

Keller Williams Success Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,611

Year Built

  • 2003

Lot Details

  • End Unit

HOA Fees

  • $248 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

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Home Security

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,611

Year Built

2003

Lot Details

0

HOA Fees

$248 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: Condo, Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, Walk-In Closet(s)
  • Number Of Rooms: 7
  • Living Room: Dimensions: 16X16, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV-Cable, Security System, CO Detectors, Ceiling Fan
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Basement: Walkout
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X8, On Level: Lower, Flooring: Vinyl
  • Dining Room: Dimensions: 10X09, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X09, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X09, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X10, On Level: Lower, Flooring: Carpet
  • Estimated Sq Ft: 1782
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 18X16, On Level: Lower, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio, Storms/Screens, End Unit

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: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 150
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Park/Playground
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 248
  • Management Contact Name: Lindsey Richter
  • Management Phone: 815-459-9187X223

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: 0302126049

Multi Family

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

Tax Info

  • Taxes: 5565.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 18, 2024
Sold by
Oherron William D and Oherron Emily N
Bought by
Arizmendi Rodrigue Blanca E and Arizmendi Joanna Zotelo
Seller's Agent
Vincent Romano
Keller Williams Success Realty
Buyer's Agent
Jesus Perez
Casablanca
List Price
$339,900
Sold Price
$339,000
Premium/Discount to List
-$900
-0.26%
Total Days on Market
4
Views
29
Current Estimated Value
$356,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,610
Avg. Annual Appreciation
4.50%
Original Mortgage
$322,050
Outstanding Balance
$318,772
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$37,838

Purchase Details

Listed on
May 6, 2020
Closed on
Jun 15, 2020
Sold by
Acker Jordan A Van and Acker Victoria Y
Bought by
Herron William D O and Herron Emily O
Seller's Agent
Tracy McBreen
@properties Christie's International Real Estate
Buyer's Agent
Vincent Romano
Keller Williams Success Realty
List Price
$209,900
Sold Price
$205,000
Premium/Discount to List
-$4,900
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.40%
Original Mortgage
$194,750
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2012
Sold by
Vanacker Jordan A and Vanacker Victoria Y
Bought by
Vanacker Jordan A and Vanacker Victoria Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,214
Interest Rate
3.58%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 2009
Sold by
Scianna Michael J
Bought by
Vanacker Jordan A and Orlova Victoria Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,325
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 2007
Sold by
Bamra Neetu
Bought by
Scianna Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Realen Homes Lp
Bought by
Bamra Neetu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,250
Interest Rate
5.37%

Map

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $339,000 Chicago Title
Warranty Deed $205,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $200,000 Attorneys Title Guaranty Fun
Warranty Deed $200,000 Fort Dearborn Land Title
Warranty Deed $228,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $322,050 New Conventional
Previous Owner $194,750 New Conventional
Previous Owner $185,214 FHA
Previous Owner $193,325 FHA
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $130,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $339,000 -0.3% $190 / Sq Ft
02/18/2024 02/18/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $339,900 +65.8% $191 / Sq Ft
06/26/2020 06/26/20 Sold $205,000 -2.3% $115 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $209,900 -- $118 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,580 $72,770 $7,532 $65,238
2021 $5,407 $68,710 $7,112 $61,598
2020 $5,819 $67,165 $6,952 $60,213
2019 $5,661 $63,761 $6,600 $57,161
2018 $5,566 $60,366 $6,469 $53,897
2017 $5,369 $56,469 $6,051 $50,418
2016 $5,521 $54,676 $5,859 $48,817
2015 -- $51,233 $5,490 $45,743
2014 -- $46,491 $5,338 $41,153
2013 -- $47,914 $5,501 $42,413
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10707926

Midwest Real Estate Data (MRED)

APN: 03-02-126-049