$120,000
SOLD OCT 29, 2021

138 Fossil Lake Ct Wilmington, IL 60481

1 Bed
2 Baths
1,050 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$114 Per Sq Ft

4% Below List Price

33 Days on Market

About This Home

As of October 2021

Beautiful stick built home located in a private gated community of Shadow Lakes. This bright roomy home is open concept and has a full basement. Enjoy all that nature provides for you on the deck of this home nestled amongst the trees. The perfect neighborhood for year-round or vacation enjoyment. You have the use of various lakes and playgrounds as well as the community center and pool!

Last Agent to Sell the Property

Michael Bempah

Real Broker LLC License #475175881 Listed on: 08/23/2021

Real Broker LLC

Last Buyer's Agent

Heather Walthers

EXIT Strategy Realty License #475181299

EXIT Strategy Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,856

HOA Fees

  • $133 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Finished Basement Bathroom

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Community Details

  • Manager Association, Phone Number (815) 458-3647
  • Property managed by Shadow Lakes Association

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,856

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: Unknown
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Use Gate 3 off Novy Rd
  • Lot Size: 49 X 98
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Shadow Lakes
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Parking Features: Side Apron
  • Number of Cars: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Management Company: Shadow Lakes Association
  • Management Contact Name: Manager
  • Management Phone: 815-458-3647
  • Master Association Fee: 1600
  • Association Fee Frequency: Not Applicable
  • Community Features: Clubhouse, Park, Pool, Lake, Water Rights, Gated

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 255U

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 2189.3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Oct 27, 2021
Sold by
Czaplewski Rachel M
Bought by
Rak Catherine J and Gonzalez Clint
Seller's Agent
Michael Bempah
Real Broker LLC
Buyer's Agent
Heather Walthers
EXIT Strategy Realty
List Price
$124,900
Sold Price
$120,000
Premium/Discount to List
-$4,900
-3.92%
Current Estimated Value
$177,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,176
Avg. Annual Appreciation
11.39%
Original Mortgage
$95,000
Outstanding Balance
$76,123
Interest Rate
2.28%
Mortgage Type
New Conventional
Estimated Equity
$103,327

Purchase Details

Listed on
May 15, 2013
Closed on
Sep 30, 2013
Sold by
Belike Amy L
Bought by
Czaplewsld Rachel M
Seller's Agent
Judy Verdun
MIchael J Onorato
Buyer's Agent
Judith Sundine
Pro Real Estate
List Price
$114,900
Sold Price
$101,000
Premium/Discount to List
-$13,900
-12.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%
Original Mortgage
$99,170
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2005
Sold by
Okkema David and Okkema Laurie
Bought by
Beilke Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,273
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2004
Sold by
Mazon State Bank
Bought by
Okkema David A and Okkema Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 6, 2004
Sold by
Filip Wayne R
Bought by
Mazon State Bank

Purchase Details

Closed on
Feb 21, 2002
Sold by
Lasalle Bank National Assn
Bought by
Filip Wayne R
Source: Public Records

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Range of Values:

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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
Special Warranty Deed $120,000 Fidelity National Title
Warranty Deed $101,000 Fidelity National Title Insu
Warranty Deed $135,000 First American Title
Warranty Deed $120,000 Grundy Pioneer Title Co Inc
Quit Claim Deed -- --
Deed $23,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,000 New Conventional
Previous Owner $99,170 FHA
Previous Owner $26,273 Purchase Money Mortgage
Previous Owner $79,000 Seller Take Back
Previous Owner $100,000 Unknown
Closed $105,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $120,000 -3.9% $114 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $124,900 +23.7% $119 / Sq Ft
10/21/2013 10/21/13 Sold $101,000 +1.1% $96 / Sq Ft
09/06/2013 09/06/13 Pending -- -- --
07/30/2013 07/30/13 Price Changed $99,900 -11.5% $95 / Sq Ft
07/11/2013 07/11/13 Price Changed $112,900 -1.7% $108 / Sq Ft
05/15/2013 05/15/13 For Sale $114,900 -- $109 / 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
2023 $2,856 $45,286 $12,533 $32,753
2022 $2,590 $41,094 $11,373 $29,721
2021 $2,340 $39,223 $10,855 $28,368
2020 $2,199 $37,160 $10,284 $26,876
2019 $2,061 $35,090 $9,711 $25,379
2018 $1,971 $33,579 $9,293 $24,286
2017 $1,930 $32,921 $9,111 $23,810
2016 $1,871 $31,838 $8,811 $23,027
2015 $2,771 $31,017 $8,584 $22,433
2014 $2,771 $31,017 $8,584 $22,433
2013 $2,771 $47,410 $8,745 $38,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11197991

Midwest Real Estate Data (MRED)

APN: 24-04-156-002