179 Fossil Cove Ln Wilmington, IL 60481
Estimated Value: $116,975 - $162,000
3
Beds
1
Bath
400
Sq Ft
$336/Sq Ft
Est. Value
Highlights
- Water Views
- Gated Community
- Community Lake
- Boat Dock
- Property fronts a channel
- Clubhouse
About This Home
As of June 2022Yes, 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
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
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%
Total Days on Market
1
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
$38,994
Avg. Annual Appreciation
11.30%
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
Similar Homes in Wilmington, IL
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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 |
|---|---|---|---|
| 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 | $20,000 | |
| Previous Owner | Reichardt Brian | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $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
81 in this area
111 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11401821
APN: 24-04-132-050
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