145 Fossil Lake Ct Wilmington, IL 60481
Estimated Value: $251,000 - $284,544
3
Beds
2
Baths
1,629
Sq Ft
$166/Sq Ft
Est. Value
Highlights
- Water Views
- Open Floorplan
- Clubhouse
- Gated Community
- Community Lake
- Deck
About This Home
As of March 2023Looking for that log cabin get away? This home has that log cabin feel, surrounded by rustic light fixtures, wood burning stove, and wood beams above. All you need is a bear-skin rug and cup of hot cocoa. The beautiful living room has a cascading window wall, with French doors leading to a wrap around balcony. The knotty wood walls, vaulted ceilings and skylights finish it off. The open kitchen gives you the flexibility to use these rooms in many layouts. Island is movable. Hardwood floors were just re-finished. The loft master bedroom has a master bath with walk in closet. Lower level / walkout basement has been started, all you need to do is finish it for entertaining or more living space. 1 car attached garage has enough space for a workshop area. While this home can use a little of your personal touch up, most of the work has been done. Outside, this property has two entrances, and is just feet from the water. This is a private gated community. We have miles of fresh water channels, lakes, and marshes all interconnecting. This is the place to fish, swim, or boat, where it can reach 42 feet deep in some areas. (BIG FISH POSSIBILITIES!) Wildlife is abundant as well. This association includes a club house, community pool, a separate sand beach, pavilion, dog park, volleyball and basketball area (other games as well). They offer plenty of family and group activities. Other important notes: Close to I55 & only 60 Mins. from Chicago. Only Electric Boats & Golf Carts allowed. Association Dues are on a tiered basis and depend on the time you spend at the property- . Dues include water, sewer and garbage. Buyer / Buyer's agent to call Shadow Lakes to verify all rules / info. Lot size and square footage is estimated. Year built is given by Reed Township. Shadow Lakes does not allow rentals or airbnbs.
Last Agent to Sell the Property
Hexagon Real Estate License #471011113 Listed on: 01/06/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,960
Year Built
- Built in 2001
Lot Details
- 871 Sq Ft Lot
- Lot Dimensions are 50 x 90
- Cul-De-Sac
- Paved or Partially Paved Lot
- Irregular Lot
HOA Fees
- $147 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Driveway
- Off-Street Parking
- Parking Included in Price
Home Design
- Cottage
- Asphalt Roof
Interior Spaces
- 1,629 Sq Ft Home
- 1.5-Story Property
- Open Floorplan
- Bar
- Beamed Ceilings
- Vaulted Ceiling
- Skylights
- Wood Burning Stove
- Combination Dining and Living Room
- Den
- Loft with Fireplace
- Workshop
- Wood Flooring
- Water Views
- Storm Screens
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
- 2 Full Bathrooms
- Whirlpool Bathtub
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Finished Basement Bathroom
- Rough-In Basement Bathroom
- Basement Storage
Outdoor Features
- Tideland Water Rights
- Balcony
- Deck
- Shed
Location
- Property is near a park
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Wood
- Heating System Uses Propane
- 200+ Amp Service
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, security, clubhouse, pool, scavenger, lake rights
- Shadow Lakes Subdivision
- Community Lake
Recreation
- Community Pool
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2023
Closed on
Feb 28, 2023
Sold by
Post Aaron
Bought by
Brown Sarah
Seller's Agent
Diane Brannock
Hexagon Real Estate
Buyer's Agent
Jessica Eiler
Keller Williams Infinity
List Price
$210,000
Sold Price
$220,000
Premium/Discount to List
$10,000
4.76%
Total Days on Market
21
Views
568
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,636
Avg. Annual Appreciation
10.15%
Original Mortgage
$175,500
Outstanding Balance
$170,540
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$104,753
Purchase Details
Listed on
Aug 18, 2016
Closed on
Nov 1, 2016
Sold by
Varga Kenneth R
Bought by
Post Aaron and Eller Megan
Seller's Agent
Scott Shepard
RE/MAX 10 in the Park
Buyer's Agent
Scott Shepard
RE/MAX 10 in the Park
List Price
$144,900
Sold Price
$144,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$142,274
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 1, 2004
Sold by
Harper James L and Harper Judy M
Bought by
Varga Kenneth R and Varga Darlene R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
5.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2001
Sold by
Lasalle Bank National Assn
Bought by
Harper James L and Harper Judy M
Similar Homes in Wilmington, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brown Sarah | $220,000 | Fidelity National Title | |
| Post Aaron | $144,900 | Fidelity National Title Ins | |
| Varga Kenneth R | $180,000 | Ticor Title | |
| Harper James L | $22,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brown Sarah | $175,500 | |
| Previous Owner | Post Aaron | $142,274 | |
| Previous Owner | Varga Kenneth R | $125,000 | |
| Previous Owner | Varga Kenneth R | $100,000 | |
| Previous Owner | Varga Kenneth R | $79,900 | |
| Previous Owner | Harper James L | $135,604 | |
| Previous Owner | Harper James L | $113,000 | |
| Previous Owner | Harper James L | $100,000 | |
| Closed | Varga Kenneth R | $100,000 | |
| Closed | Brown Sarah | $6,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2023 03/07/23 | Sold | $220,000 | +4.8% | $135 / Sq Ft |
| 01/28/2023 01/28/23 | Pending | -- | -- | -- |
| 01/06/2023 01/06/23 | For Sale | $210,000 | +44.9% | $129 / Sq Ft |
| 11/01/2016 11/01/16 | Sold | $144,900 | 0.0% | $201 / Sq Ft |
| 09/07/2016 09/07/16 | Pending | -- | -- | -- |
| 08/18/2016 08/18/16 | For Sale | $144,900 | -- | $201 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,850 | $72,157 | $11,939 | $60,218 |
| 2022 | $4,096 | $65,478 | $10,834 | $54,644 |
| 2021 | $3,961 | $62,497 | $10,341 | $52,156 |
| 2020 | $3,749 | $59,211 | $9,797 | $49,414 |
| 2019 | $3,530 | $55,912 | $9,251 | $46,661 |
| 2018 | $3,388 | $53,505 | $8,853 | $44,652 |
| 2017 | $3,322 | $52,455 | $8,679 | $43,776 |
| 2016 | $2,872 | $50,731 | $8,394 | $42,337 |
| 2015 | $2,756 | $49,421 | $8,177 | $41,244 |
| 2014 | $2,756 | $49,421 | $8,177 | $41,244 |
| 2013 | $2,756 | $52,856 | $8,745 | $44,111 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Brannock
Seller's Agent in 2023
Diane Brannock
Hexagon Real Estate
(815) 735-0402
81 in this area
111 Total Sales
-
Jessica Eiler
Buyer's Agent in 2023
Jessica Eiler
Keller Williams Infinity
(708) 567-3250
3 in this area
74 Total Sales
-
Scott Shepard
Seller's Agent in 2016
Scott Shepard
RE/MAX
(815) 557-1229
34 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11696176
APN: 24-04-156-009
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