NOT LISTED FOR SALE

116 Fossil Ridge Rd Wilmington, IL 60481

Estimated Value: $113,000 - $122,567

1 Bed
1 Bath
550 Sq Ft
$214/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $90,000 $164 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $827/month

18 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Vaulted Ceiling
  • Community Lake
  • Property is near a park
  • Loft

About This Home

As of February 2024

Home sits on a 104x47 lot featuring private bedroom with double loft and 16x14 addition that could be large master bedroom or family room. 16x10 maintenance free deck with retractable awning and private backyard. Newers include flooring, HWH, and paint. Ample parking with a 21X46 drive. Large shed to store all your gear. Enjoy fishing, boating, swimming, kayaking, canoeing, hiking all in this gated community w/club house, pool, beach, volleyball, basketball, miles of nature trails to explore and much more. Estate sale being sold as is. Agent related.

Last Agent to Sell the Property

Jenn Shipman

Twenty First Century Real Estate License #471013011 Listed on: 12/08/2023

Last Buyer's Agent

Diane Brannock

Hexagon Real Estate License #471011113

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,146

Year Built

  • Built in 2005

Lot Details

  • 5,227

HOA Fees

  • $92 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 550 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Loft

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Central Air
  • Heating System Uses Propane

Additional Features

  • Tideland Water Rights
  • Lot Dimensions are 104 x 47
  • Property is near a park

Community Details

Overview

  • Association fees include water, security, clubhouse, pool, scavenger, snow removal, lake rights
  • Office Staff Association, Phone Number (815) 458-3647
  • Property managed by Shadow Lakes
  • Community Lake

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,146

Year Built

Built in 2005

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • LivingArea: 550
  • Room Type: Loft
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 90000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 4
  • Driveway: Gravel
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Propane
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1100
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Park, Pool, Lake, Water Rights, Gated
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Shadow Lakes
  • Management Contact Name: Office Staff
  • Management Phone: 815-458-3647
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Water, Security, Clubhouse, Pool, Scavenger, Snow Removal, Lake Rights

Schools

  • Middle/Junior School District: 255U

Lot Info

  • Lot Dimensions: 104 X 47
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 1145.56
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Feb 15, 2024
Sold by
Shipman Daniel George
Bought by
Gragg David and Gragg Dawn
Seller's Agent
Jenn Shipman
Twenty First Century Real Estate
Buyer's Agent
Diane Brannock
Hexagon Real Estate
List Price
$90,000
Sold Price
$90,000
Views
118
Current Estimated Value
$117,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,856
Avg. Annual Appreciation
17.75%

Purchase Details

Listed on
Oct 3, 2021
Closed on
Nov 1, 2021
Sold by
Albor Alan and Albor Terry
Bought by
Shipman Daniel
Seller's Agent
Kimberly Engelhardt
Lori Bonarek Realty
Buyer's Agent
Jenn Shipman
Twenty First Century Real Estate
List Price
$90,000
Sold Price
$75,000
Premium/Discount to List
-$15,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%

Purchase Details

Closed on
Mar 11, 2016
Sold by
Albor Terry and Estate Of Enedino Joseph Albor
Bought by
Albor Terry and Albor Alan

Purchase Details

Closed on
Oct 30, 2003
Sold by
Heidler Ricky A
Bought by
Albor Enedino J

Purchase Details

Closed on
Aug 8, 2003
Sold by
Scholtz Dennis L and Scholtz Kathleen M
Bought by
Heidler Ricky A

Purchase Details

Closed on
Nov 13, 1997
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Scholtz Dennis L and Scholtz Kathleen M
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
Gragg David $90,000 Fidelity National Title Insura
Shipman Daniel $75,000 Fidelity Title
Albor Terry -- Attorney
Albor Enedino J $27,000 --
Heidler Ricky A $17,500 --
Scholtz Dennis L $22,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2024 02/22/24 Sold $90,000 0.0% $164 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
12/08/2023 12/08/23 For Sale $90,000 +20.0% $164 / Sq Ft
11/04/2021 11/04/21 Sold $75,000 -16.7% $120 / Sq Ft View Prior Sale
10/20/2021 10/20/21 Pending -- -- --
10/03/2021 10/03/21 For Sale $90,000 -- $144 / 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 $1,323 $27,511 $11,446 $16,065
2023 $1,323 $24,641 $10,252 $14,389
2022 $1,188 $22,360 $9,303 $13,057
2021 $1,512 $21,342 $8,879 $12,463
2020 $1,431 $20,220 $8,412 $11,808
2019 $1,356 $19,093 $7,943 $11,150
2018 $1,309 $18,271 $7,601 $10,670
2017 $1,287 $17,913 $7,452 $10,461
2016 $1,258 $17,324 $7,207 $10,117
2015 $1,216 $16,877 $7,021 $9,856
2014 $1,216 $16,877 $7,021 $9,856
2013 $1,216 $18,050 $7,509 $10,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11937700

Midwest Real Estate Data (MRED)

APN: 02-24-04-155-004