$155,000
SOLD FEB 3, 2023

166 Fossil Cove Ln Wilmington, IL 60481

2 Beds
2 Baths
1,200 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$129 Per Sq Ft

6% Below List Price

Highlights

  • Water Views
  • Property fronts a channel
  • Clubhouse
  • Gated Community
  • Community Lake
  • Property is near a park

About This Home

As of February 2023

Accepted offer before listed. Park model with 2 story addition and finished basement. Located on the water. Master bedroom loft area with plenty of storage. Lower level could be used as a second master bedroom with full bath. Laundry room with washer and dryer. Located on a beautiful water way. 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.

Last Agent to Sell the Property

Diane Brannock

Hexagon Real Estate License #471011113 Listed on: 01/04/2023

Last Buyer's Agent

Diane Brannock

Hexagon Real Estate License #471011113 Listed on: 01/04/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,491

Year Built

  • Built in 1994

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x104
  • Property fronts a channel
  • Paved or Partially Paved Lot

HOA Fees

  • $68 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Water Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Central Air
  • Heating System Uses Propane

Additional Features

  • Tideland Water Rights
  • Property is near a park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

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

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,491

Year Built

Built in 1994

Lot Details

0

HOA Fees

$68 per month

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: Shadow Lakes
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0
  • Square Footage Comments: Estimated
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 165000
  • Lot Features: Channel Front, Water Rights, Water View
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 3
  • Number of Cars: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Propane
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 816
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Park, Pool, Lake, Water Rights, Gated, Street Paved
  • 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, Pool, Scavenger, Lake Rights, Other

Schools

  • Middle/Junior School District: 255U

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 50X104
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1491
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Jan 17, 2023
Sold by
Corradetti James
Bought by
Findysz Walter and Findysz Michele
Seller's Agent
Diane Brannock
Hexagon Real Estate
Buyer's Agent
Diane Brannock
Hexagon Real Estate
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.85%

Purchase Details

Closed on
Nov 21, 1997
Sold by
Corradetti Helen
Bought by
Corradetti James and Corradetti Joyce

Purchase Details

Closed on
Oct 8, 1997
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Corradetti Helen
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
Warranty Deed $155,000 Fidelity National Title Insura
Interfamily Deed Transfer -- --
Trustee Deed $7,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $122,499 New Conventional
Previous Owner $16,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2025 06/08/25 Pending -- -- --
06/02/2025 06/02/25 Price Changed $214,000 0.0% $195 / Sq Ft
06/02/2025 06/02/25 For Sale $214,000 +38.1% $195 / Sq Ft
02/03/2023 02/03/23 Sold $155,000 -6.1% $129 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $165,000 -- $138 / 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 $2,240 $36,988 $13,475 $23,513
2022 $1,570 $33,565 $12,228 $21,337
2021 $1,491 $32,037 $11,671 $20,366
2020 $1,370 $30,352 $11,057 $19,295
2019 $1,255 $28,661 $10,441 $18,220
2018 $1,178 $27,426 $9,991 $17,435
2017 $1,143 $26,888 $9,795 $17,093
2016 $1,091 $26,004 $9,473 $16,531
2015 $1,034 $25,332 $9,228 $16,104
2014 $1,034 $25,332 $9,228 $16,104
2013 $1,034 $27,093 $9,869 $17,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11696875

Midwest Real Estate Data (MRED)

APN: 02-24-04-132-013