$55,500
SOLD JUL 11, 2024
1 Bed
1 Bath
500 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$111 Per Sq Ft

20% Below List Price

157 Days on Market

Highlights

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

About This Home

As of November 2024

Park model and shed located on a water front lot in Shadow Lakes. Priced for its location, this property is in need of some TLC, or possibly bring in our own park model to enjoy this waterfront lot. Laundry hook ups exist in this home already. Double loft area, use for storage or extra sleeping areas. Year built is estimated. Tax records say 1999. Seller is selling as is, no warranties on park model or personal property conveyed. Title to park model is MIA. Water is not on. Boat and trailer to convey as well. 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

Last Buyer's Agent

Diane Brannock

Hexagon Real Estate License #471011113

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $878

Year Built

  • Built in 1999

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property fronts a channel
  • Paved or Partially Paved Lot

HOA Fees

  • $81 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Loft
  • Water Views
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 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

Community Details

Overview

  • Association fees include water, insurance, security, clubhouse, pool, scavenger, lake rights
  • Shadow Lakes8 Association, Phone Number (815) 458-3647
  • Shadow Lakes Subdivision
  • Property managed by Shadow Lakes
  • Community Lake

Recreation

  • Boat Dock
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$878

Year Built

Built in 1999

Lot Details

0

HOA Fees

$81 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: 1999
  • Age: 21-25 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, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 500
  • Room Type: Loft
  • Estimated Total Finished Sq Ft: 500
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 500
  • Square Footage Comments: 400 Sq feet on main floor, ~100 in loft.
  • Total Sq Ft: 500
  • Upper Level Sq Ft: 100
  • Main Level Sq Ft: 400
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 63000
  • Lot Features: Channel Front, Water Rights, Water View, Views, Waterfront
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Condo/Co-op/Association

  • Association Fee: 976
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Park, Pool, Lake, Dock, Water Rights, Gated, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Shadow Lakes
  • Management Contact Name: Shadow Lakes8
  • Management Phone: 815-458-3647
  • ResoAssociationFeeFrequency: Annually

Fee Information

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

Schools

  • Middle/Junior School District: 255U

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50X100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 878
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Nov 15, 2024
Sold by
Mize Dan
Bought by
Painter Eli and Painter Michelle
Seller's Agent
Diane Brannock
Hexagon Real Estate
Buyer's Agent
Diane Brannock
Hexagon Real Estate
List Price
$161,000
Sold Price
$155,000
Premium/Discount to List
-$6,000
-3.73%
Total Days on Market
157
Views
25
Current Estimated Value
$153,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,131
Avg. Annual Appreciation
-0.15%
Original Mortgage
$106,400
Outstanding Balance
$105,281
Interest Rate
8.75%
Mortgage Type
Credit Line Revolving
Estimated Equity
$49,612

Purchase Details

Listed on
Jan 6, 2024
Closed on
Jul 11, 2024
Sold by
Pilmonas Arnold V
Bought by
Mize Dan
Seller's Agent
Diane Brannock
Hexagon Real Estate
Buyer's Agent
Diane Brannock
Hexagon Real Estate
List Price
$69,500
Sold Price
$55,500
Premium/Discount to List
-$14,000
-20.14%
Views
677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1781.03%

Purchase Details

Closed on
Apr 8, 1996
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Raimo Mark S and Raimo Debra A

Map

Range of Values:

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Average Value
Not Available
List Price
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 Type Sale Price Title Company
Warranty Deed $155,000 Fidelity National Title Insura
Warranty Deed $155,000 Fidelity National Title Insura
Warranty Deed $55,000 Fidelity National Title Insura
Joint Tenancy Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $106,400 Credit Line Revolving
Closed $106,400 Credit Line Revolving
Previous Owner $52,641 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $155,000 -3.7% $310 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $161,000 +190.1% $322 / Sq Ft
07/11/2024 07/11/24 Sold $55,500 -11.9% $111 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
06/10/2024 06/10/24 Price Changed $63,000 -9.4% $126 / Sq Ft
01/06/2024 01/06/24 For Sale $69,500 -- $139 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $969 $13,714 $13,714 $0
2022 $969 $12,445 $12,445 $0
2021 $853 $11,878 $11,878 $0
2020 $801 $11,253 $11,253 $0
2019 $759 $10,626 $10,626 $0
2018 $733 $10,168 $10,168 $0
2017 $721 $9,969 $9,969 $0
2016 $705 $9,641 $9,641 $0
2015 $680 $9,392 $9,392 $0
2014 $680 $9,392 $9,392 $0
2013 $680 $10,045 $10,045 $0
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 11957062

Midwest Real Estate Data (MRED)

APN: 24-04-132-028