NOT LISTED FOR SALE

117 S Cedar Ln Wilmington, IL 60481

Estimated Value: $134,000 - $165,000

1 Bed
1 Bath
758 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $133,000 $175 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,062/month

80 Days on Market

Highlights

  • Boat Dock
  • Community Lake
  • Deck
  • Gated Community
  • Clubhouse
  • Property is near a park

About This Home

As of July 2024

Check out this refreshed home in Shadow Lakes-most of the work's done since its 2019 rebuild, and you get to add the finishing touches. It's got a cozy bedroom with storage, plus a big loft for extra room or more storage. The basics are in place: new water heater, updated electrical, plumbing, windows, and a pretty glass tile in the kitchen. Enjoy efficient heat with a central air system separate from the furnace and great insulation everywhere. This place isn't just a house; it's a lifestyle in a secure community with lakes and green space galore-perfect for fishing, swimming, and boating. Plus, there's a clubhouse, pool, and spots for beach volleyball and basketball. It's family-friendly with lots of activities. Just an hour from Chicago and only electric boats and golf carts allowed, keeping it peaceful. Association fees are based on how much time you spend here and cover water, sewer, and trash. Give Shadow Lakes a ring to get the full scoop on this home. Remember, the lot and home sizes are estimates.

Last Agent to Sell the Property

Richard Harnik

First Midwest Realty LLC License #475156601 Listed on: 03/23/2024

Last Buyer's Agent

Dawn Ingersoll

HomeSmart Connect LLC License #475124808

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 2019 | Remodeled in 2023

Lot Details

  • 0.3

HOA Fees

  • $147 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 758 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Loft
  • Laminate Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Included in Price

Outdoor Features

  • Tideland Water Rights
  • Deck
  • Shed

Utilities

  • Central Air
  • Heating System Uses Propane

Additional Features

  • Lot Dimensions are 50.01x67.24
  • Property is near a park

Community Details

Overview

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

Recreation

  • Boat Dock
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,514

Year Built

Built in 2019 | Remodeled in 2023

Lot Details

0

HOA Fees

$147 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
  • Subdivision Name: Shadow Lakes
  • Year Built: 2019
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Rebuilt Year: 2022
  • ResoPropertyType: Residential
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features
  • LivingArea: 758
  • Room Type: Loft, Deck
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 135000
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • OpenParkingSpaces: 5
  • ParkingTotal: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1766
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Park, Pool, Lake, Dock, Water Rights, Gated, Other
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Shadow Lakes
  • Management Contact Name: Shadow Lakes
  • Management Phone: 815-458-3647
  • ResoAssociationFeeFrequency: Annually

Fee Information

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

Schools

  • Middle/Junior School District: 255U

Lot Info

  • Lot Dimensions: 50.01X67.24
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1514.4
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
Jul 16, 2024
Sold by
Clark Ronald W
Bought by
Nagy Wendy
Seller's Agent
Richard Harnik
First Midwest Realty LLC
Buyer's Agent
Dawn Ingersoll
HomeSmart Connect LLC
List Price
$135,000
Sold Price
$133,000
Premium/Discount to List
-$2,000
-1.48%
Views
178
Current Estimated Value
$145,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,798
Avg. Annual Appreciation
7.96%
Original Mortgage
$129,010
Outstanding Balance
$127,553
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$18,245

Purchase Details

Closed on
Apr 29, 2015
Sold by
Jones Robert W and Jones Michaele L
Bought by
Clark Ronald W

Purchase Details

Closed on
Jun 4, 2014
Sold by
Jones Robert W and Jones Lennel P
Bought by
Jones Robert W and Jones Michael L

Purchase Details

Closed on
Jun 15, 1999
Sold by
Alido Francisco A and Alido Eladia B
Bought by
Jones Lum and Jones Lennel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,920
Interest Rate
9%
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
Nagy Wendy $133,000 Carrington Title Partners
Clark Ronald W $20,000 Fidelity National Title Ins
Jones Robert W -- None Available
Jones Lum $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagy Wendy $129,010
Previous Owner Jones Lum $23,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $133,000 -1.5% $175 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $135,000 0.0% $178 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $135,000 -- $178 / 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 $1,699 $33,159 $10,745 $22,414
2023 $1,699 $29,699 $9,624 $20,075
2022 $1,518 $26,950 $8,733 $18,217
2021 $1,817 $25,723 $8,335 $17,388
2020 $1,748 $24,371 $7,897 $16,474
2019 $1,633 $23,013 $7,457 $15,556
2018 $1,576 $22,022 $7,136 $14,886
2017 $1,549 $21,590 $6,996 $14,594
2016 $1,514 $20,880 $6,766 $14,114
2015 $1,061 $20,341 $6,591 $13,750
2014 $1,061 $20,341 $6,591 $13,750
2013 $1,061 $21,755 $7,049 $14,706
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12011649

Midwest Real Estate Data (MRED)

APN: 02-24-04-305-017