NOT LISTED FOR SALE

127 Fossil Lake Rd Wilmington, IL 60481

Estimated Value: $406,299 - $480,000

3 Beds
3 Baths
2,900 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $285,000 $98 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,104/month

331 Days on Market

Highlights

  • Lake Front
  • Property fronts a channel
  • Deck
  • Boat Slip
  • Landscaped Professionally
  • Contemporary Architecture

About This Home

As of August 2018

Over 145 feet of water frontage with every room having a water view including the finished English walkout basement. This house has over 800 square feet of outside deck as well as a 20 x 8 swim/fish pontoon platform. Included in the sale in addition to all appliances and furniture, 20 Foot pontoon boat and 6 passenger Star golf cart.

Last Agent to Sell the Property

Robert Picciariello

Prello Realty License #471006989 Listed on: 08/15/2017

Last Buyer's Agent

Marnie Jones

Pro Real Estate License #475167178

Home Details

Home Type

  • Single Family

Year Built

  • 1999

Lot Details

  • Property fronts a channel
  • Lake Front
  • Cul-De-Sac
  • East or West Exposure
  • Fenced Yard
  • Landscaped Professionally
  • Corner Lot

HOA Fees

  • $82 per month

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Parking

  • Parking Available
  • Gravel Driveway
  • Parking Space is Owned

Accessible Home Design

  • Handicap Shower

Outdoor Features

  • Boat Slip
  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Year Built

1999

Lot Details

0

HOA Fees

$82 per month

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 30X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV Antenna, Security System, CO Detectors, Ceiling Fan, Fan-Attic Exhaust, Sump Pump, Sprinkler-Lawn
  • Fireplace Details: Gas Starter
  • Fireplace Location: Living Room, Basement
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Handicap Shower
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X14, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2900
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 40X15, On Level: Walkout Basement, Flooring: Vinyl

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Balcony, Deck, Patio, Porch, Boat Slip
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 4
  • Parking: Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Driveway: Gravel
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Propane, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Water, Common Insurance, Security, Clubhouse, Pool, Scavenger, Snow Removal, Lake Rights
  • Special Assessments: U
  • Assessment Association Fees: 979
  • Management Contact Name: SELLER
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: SELLER

Schools

  • Junior High Dist: 255U

Lot Info

  • Lot Dimensions: 30X97X118X30X182
  • Lot Description: Channel Front, Corner, Cul-de-sac, Fenced Yard, Lake Front, Landscaped Professionally
  • Parcel Identification Number: 0224041560180000

Tax Info

  • Taxes: 3326.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Aug 30, 2018
Sold by
Santucci Dennis M and Santucci Judith H
Bought by
Tammen Matthew F
Seller's Agent
Robert Picciariello
Prello Realty
Buyer's Agent
Marnie Jones
Pro Real Estate
List Price
$320,000
Sold Price
$285,000
Premium/Discount to List
-$35,000
-10.94%
Current Estimated Value
$445,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,075
Avg. Annual Appreciation
6.31%
Original Mortgage
$237,937
Outstanding Balance
$207,068
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$238,007

Purchase Details

Closed on
Jan 15, 2013
Sold by
Santucci Dennis M and Santucci Judith H
Bought by
Dennis M Santucci

Purchase Details

Closed on
Nov 1, 1996
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Santucci Dennis M and Santucci Judith H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tammen Matthew F $285,000 Chicago Title
Dennis M Santucci -- None Available
Santucci Dennis M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tammen Matthew F $237,937
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $285,000 -7.5% $98 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
07/03/2018 07/03/18 Price Changed $308,000 -3.8% $106 / Sq Ft
08/15/2017 08/15/17 For Sale $320,000 -- $110 / 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 $8,209 $131,087 $13,330 $117,757
2023 $8,209 $117,409 $11,939 $105,470
2022 $6,906 $106,542 $10,834 $95,708
2021 $7,108 $101,692 $10,341 $91,351
2020 $6,779 $96,345 $9,797 $86,548
2019 $6,425 $90,977 $9,251 $81,726
2018 $3,463 $48,555 $8,853 $39,702
2017 $3,404 $47,603 $8,679 $38,924
2016 $3,327 $46,038 $8,394 $37,644
2015 $3,208 $44,849 $8,177 $36,672
2014 $3,208 $44,849 $8,177 $36,672
2013 $3,208 $47,966 $8,745 $39,221
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09722104

Midwest Real Estate Data (MRED)

APN: 02-24-04-156-018