NOT LISTED FOR SALE

1200 Towpath Ln Wilmington, IL 60481

Estimated Value: $409,746 - $442,000

4 Beds
2.5 Baths
2,700 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $305,000 $113 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,878/month

7 Days on Market

Highlights

  • Multiple Garages
  • Waterfront
  • Vaulted Ceiling
  • L.J. Stevens Intermediate School Rated A-
  • 1.63 Acre Lot
  • Home Office

About This Home

As of May 2021

Check out this rare listing!! Spacious 2700 square foot, 4 (possibly 5) bedroom home on the Kankakee River nestled on 1.6 acre lot on a quiet cul-de-sac! Main level features a welcoming foyer, spacious living room, updated kitchen, dinette, guest bathroom, and laundry room. Second level features the primary bedroom with en-suite bathroom, 3 additional spacious bedrooms, and hall bathroom. Partially finished lower level features a large family room, office, 5th bedroom (unfinished) and access to the finished crawlspace. Additional amenities include a covered rear porch, oversized 2 car attached garage, and large 2 car detached garage. Property highlights: west facing back yard, new lower-level carpeting, new hot water heater, and recent connection to city water. Call today to schedule your home tour; this gem won't last long! *Estate Sale* Multiple offers received. Highest & Best offers due by Saturday, 3/20, @ 2 pm

Last Agent to Sell the Property

Jerrick Longest

@properties Christie's International Real Estate License #475154125 Listed on: 03/15/2021

@properties Christie's International Real Estate

Co-Listed By

Jenny Nelson

@properties Christie's International Real Estate License #475161860

Last Buyer's Agent

Jerrick Longest

@properties Christie's International Real Estate License #475154125 Listed on: 03/15/2021

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,758

Year Built

  • Built in 1978

Lot Details

  • 1.63 Acre Lot
  • Lot Dimensions are 149x500
  • Waterfront

Parking

  • 4 Car Garage
  • Multiple Garages
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home
  • Tri-Level Property
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,700 Sq Ft Home
  • Vaulted Ceiling
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Storage Room
  • Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Bruning Elementary School
  • Wilmington Middle School
  • Wilmington High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Radiant Heating System
  • 200+ Amp Service
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,758

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Flood Zone (Partial)
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Laundry
  • LivingArea: 2700
  • Other Equipment: Humidifier
  • Room Type: Office, Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: Bay Window(s)

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 289900
  • OtherStructures: Outbuilding
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),7 Foot or more high garage door,Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Electric, Forced Air, Radiant
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Bruning Elementary School
  • High School: Wilmington High School
  • Middle/Junior School: Wilmington Middle School
  • Middle/Junior School District: 209U

Lot Info

  • Lot Size Acres: 1.63
  • Lot Dimensions: 149X500
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6758
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
May 13, 2021
Sold by
Vanepps Sandra L and Estate Of Douglas E Strobel
Bought by
Varga Cynthia
Seller's Agent
Jerrick Longest
@properties Christie's International Real Estate
Buyer's Agent
Jerrick Longest
@properties Christie's International Real Estate
List Price
$289,900
Sold Price
$305,000
Premium/Discount to List
$15,100
5.21%
Current Estimated Value
$426,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,187
Avg. Annual Appreciation
7.88%
Original Mortgage
$228,750
Outstanding Balance
$171,216
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$254,971
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
Varga Cynthia $305,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varga Cynthia $228,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $305,000 +5.2% $113 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $289,900 -- $107 / 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 $7,504 $107,107 $39,155 $67,952
2023 $7,504 $117,570 $37,096 $80,474
2022 $8,225 $106,465 $33,592 $72,873
2021 $7,833 $99,360 $31,350 $68,010
2020 $6,849 $96,748 $30,526 $66,222
2019 $6,759 $94,842 $29,925 $64,917
2018 $6,621 $92,683 $29,244 $63,439
2017 $6,185 $86,579 $27,318 $59,261
2016 $5,583 $79,540 $25,097 $54,443
2015 $5,792 $77,638 $24,497 $53,141
2014 $5,792 $78,422 $24,744 $53,678
2013 $5,792 $83,570 $26,368 $57,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10975637

Midwest Real Estate Data (MRED)

APN: 03-17-35-403-017