NOT LISTED FOR SALE

179 Fossil Cove Ln Wilmington, IL 60481

Estimated Value: $123,055 - $164,000

3 Beds
1 Bath
400 Sq Ft
$340/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $95,500 $239 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $985/month

1 Day on Market

Highlights

  • Water Views
  • Gated Community
  • Community Lake
  • Boat Dock
  • Property fronts a channel
  • Clubhouse

About This Home

As of June 2022

Yes, this is a 3 Bedrooms waterfront Park model and is ready for new owners. Fully furnished and ready for you to enjoy this summer. Master bedroom has a built in closet with drawers. The two spare bedrooms are each furnished with bunk beds! Also, this home sits on a lot with extra parking spaces. Extra large deck and the gazebo stays. Plenty of storage underneath deck. Shed with concrete floor & electric. Per previous listing, home is upgraded w/18" x 46" deep frost piers. Deck built on 16" x 46" deep frost piers, ready to add that room addition. AC/Furnace needs to be replaced. Grill does not stay. 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. HOA dues vary and depend on your stay at the property.

Last Agent to Sell the Property

Diane Brannock

Hexagon Real Estate License #471011113 Listed on: 05/12/2022

Last Buyer's Agent

Diane Brannock

Hexagon Real Estate License #471011113 Listed on: 05/12/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,675

Year Built

  • Built in 1995

Lot Details

  • Lot Dimensions are 60x100x32x100
  • Property fronts a channel

HOA Fees

  • $136 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 400 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Living Room
  • Water Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 7 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Tideland Water Rights
  • Docks
  • Deck
  • Gazebo
  • Shed
  • Porch

Location

  • Property is near a park

Utilities

  • No Cooling
  • Heating System Uses Propane

Community Details

Overview

  • Association fees include water, security, clubhouse, pool, lake rights
  • Shadow Lakes Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,675

Year Built

Built in 1995

Lot Details

0

HOA Fees

$136 per month

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Shadow Lakes
  • Year Built: 1995
  • 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

  • Appliances: Range, Microwave, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), First Floor Bedroom, First Floor Full Bath, Built-in Features
  • LivingArea: 400
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • List Price: 95000
  • Lot Features: Channel Front, Water Rights, Water View, Dock, Views, Waterfront
  • OtherStructures: Gazebo, Shed(s), Boat Dock
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 7
  • Number of Cars: 7
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Propane
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1632
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Park, Pool, Lake, Water Rights, Gated
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: 0
  • Management Contact Name: 0
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Water, Security, Clubhouse, Pool, Lake Rights

Schools

  • Middle/Junior School District: 255U

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60X100X32X100
  • 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: 1675
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 2, 2022
Sold by
Diane Hull
Bought by
Quinn Susan M
Seller's Agent
Diane Brannock
Hexagon Real Estate
Buyer's Agent
Diane Brannock
Hexagon Real Estate
List Price
$95,000
Sold Price
$95,500
Premium/Discount to List
$500
0.53%
Current Estimated Value
$136,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,514
Avg. Annual Appreciation
11.06%

Purchase Details

Closed on
Dec 1, 2017
Sold by
Talavera Ernesto and Talavera Mamie
Bought by
Hull Diane

Purchase Details

Closed on
Sep 24, 2004
Sold by
Riechardt Brian and Reichardt Carina
Bought by
Talavera Ernesto and Talavera Mamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2000
Sold by
Mazon State Bank
Bought by
Reichardt Brian and Reichardt Carina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8%

Purchase Details

Closed on
Dec 2, 1996
Sold by
Goede C Wayne and The C Wayne Goede Trust #100
Bought by
Goede C Wayne and The C Wayne Goede Trust

Purchase Details

Closed on
Apr 24, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Dmy Inc
Source: Public Records

Range of Values:

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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
Quinn Susan M $95,000 New Title Company Name
Hull Diane $61,000 Fidelity National Title Ins
Talavera Ernesto $26,500 Ticor Title
Reichardt Brian $45,000 --
Goede C Wayne -- --
Dmy Inc $26,500 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Talavera Ernesto $54,000
Previous Owner Reichardt Brian $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $95,500 +0.5% $239 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $95,000 -- $238 / 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 $1,523 $30,522 $13,730 $16,792
2023 $1,523 $27,337 $12,297 $15,040
2022 $1,724 $24,807 $11,159 $13,648
2021 $1,675 $23,678 $10,651 $13,027
2020 $1,598 $22,433 $10,091 $12,342
2019 $1,504 $21,183 $9,529 $11,654
2018 $1,452 $20,271 $9,119 $11,152
2017 $668 $9,227 $8,940 $287
2016 $653 $8,924 $8,646 $278
2015 $631 $8,694 $8,423 $271
2014 $631 $8,694 $8,423 $271
2013 $631 $9,299 $9,009 $290
Source: Public Records

Agents Affiliated with this Home

  • Diane Brannock

    Seller's Agent in 2022

    Diane Brannock

    Hexagon Real Estate

    (815) 735-0402

    90 in this area

    113 Total Sales

    Diane Brannock
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11401821

Midwest Real Estate Data (MRED)

APN: 02-24-04-132-050

Illinois Will County Wilmington 60481

179 Fossil Cove Ln, Wilmington, IL

This home is located at 179 Fossil Cove Ln, Wilmington, IL 60481 since 12 May 2022 and is currently estimated at $136,014, approximately $340 per square foot. This property was built in 1995. 179 Fossil Cove Ln is a home located in Will County with nearby schools including Reed-Custer Intermediate School, Reed-Custer Middle School, and Reed-Custer High School.

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