216 Fossil Cove Ln Wilmington, IL 60481
Estimated Value: $168,000 - $200,000
2
Beds
1
Bath
--
Sq Ft
4,356
Sq Ft Lot
Highlights
- Lake Front
- Boat Slip
- Landscaped Professionally
- Boat Dock
- Gated Community
- Community Lake
About This Home
As of October 2023Sitting in a PREMIER spot, this lakefront property can be yours to enjoy this summer. Situated across from the nature trails, deer and other wild life bring out this picture perfect setting. Sellers have used the boat dock as a diving board or use the high grade ladder ($$$) for those of you who choose to ease in to the water. Oversized boat doc / fishing pier gives you plenty of space for entertaining, or just relaxing on your own. Back porch is partially composite decking, much easier maintenance. Spacious shed and space under the deck, gives you plenty of storage. Inside the park model, you have 2 Bedrooms plus a loft area. Master bedroom has built in drawers and cabinets, plus a TV center. 2nd bedroom has twin bunk beds. Add in the loft area, and you can sleep 6-8 comfortably. This property comes furnished as seen. Notes to remember: Retaining wall in 2022, some extra decking if buyer would like it. Deck and dock in 2018. Professional pictures in the next few days. 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
Hexagon Real Estate License #471011113 Listed on: 08/01/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,064
Year Built
- Built in 2008
Lot Details
- Lot Dimensions are 45 x 100 x 66 x 100
- Lake Front
- Property is adjacent to nature preserve
- Landscaped Professionally
- Paved or Partially Paved Lot
HOA Fees
- $74 Monthly HOA Fees
Home Design
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Vaulted Ceiling
- Family or Dining Combination
- Loft
- Storm Screens
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 1 Full Bathroom
Parking
- 4 Parking Spaces
- Gravel Driveway
- Uncovered Parking
- Parking Included in Price
Outdoor Features
- Tideland Water Rights
- Boat Slip
- Deck
- Shed
- Outdoor Grill
Location
- Property is near a park
Schools
- Reed-Custer High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Community Well
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, security, clubhouse, pool, scavenger, lake rights
- Shadow Lakes 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2023
Closed on
Oct 27, 2023
Sold by
Meinke Lloyd and Santos Pamela
Bought by
Olson Holly
Seller's Agent
Diane Brannock
Hexagon Real Estate
Buyer's Agent
Diane Brannock
Hexagon Real Estate
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Views
157
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
$16,424
Avg. Annual Appreciation
5.92%
Original Mortgage
$76,000
Outstanding Balance
$68,179
Interest Rate
8.25%
Mortgage Type
New Conventional
Estimated Equity
$113,245
Purchase Details
Closed on
Jan 23, 2012
Sold by
Meinke Lloyd and Santos Pamela
Bought by
Meinke Lloyd and Santos Pamela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 1, 2007
Sold by
Galen Donald A and Kizman Galen Cheryl A
Bought by
Vanderschaaf Wilbert and Vanderschaaf Janine
Purchase Details
Closed on
Mar 15, 2002
Sold by
Semey Robert P and Semey Karen L
Bought by
Galen Donald A and Kisman Galen Cheryl A
Purchase Details
Closed on
Nov 3, 2001
Sold by
Semey Robert P and Semey Karen J
Bought by
Semey Robert P and Semey Karen J
Purchase Details
Closed on
Jun 7, 1999
Sold by
Witzke Brian K
Bought by
Semey Robert P and Semey Karen J
Purchase Details
Closed on
Nov 5, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Witzke Brian K
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 |
|---|---|---|---|
| Olson Holly | $165,000 | Fidelity National Title Insura | |
| Meinke Lloyd | -- | None Available | |
| Meinke Lloyd | -- | None Available | |
| Vanderschaaf Wilbert | $120,000 | Fox Title Company | |
| Galen Donald A | $62,500 | Ticor Title | |
| Semey Robert P | -- | -- | |
| Semey Robert P | $47,500 | -- | |
| Witzke Brian K | $43,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Olson Holly | $76,000 | |
| Previous Owner | Meinke Lloyd J | $104,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/27/2023 10/27/23 | Sold | $165,000 | -2.9% | -- |
| 08/28/2023 08/28/23 | Pending | -- | -- | -- |
| 08/18/2023 08/18/23 | Price Changed | $169,900 | -2.9% | -- |
| 08/06/2023 08/06/23 | For Sale | $175,000 | 0.0% | -- |
| 08/06/2023 08/06/23 | Off Market | $175,000 | -- | -- |
| 08/01/2023 08/01/23 | For Sale | $175,000 | -- | -- |
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 | $2,420 | $39,425 | $13,714 | $25,711 |
| 2022 | $2,064 | $35,776 | $12,445 | $23,331 |
| 2021 | $1,986 | $34,147 | $11,878 | $22,269 |
| 2020 | $1,861 | $32,351 | $11,253 | $21,098 |
| 2019 | $1,741 | $30,549 | $10,626 | $19,923 |
| 2018 | $1,662 | $29,233 | $10,168 | $19,065 |
| 2017 | $1,626 | $28,660 | $9,969 | $18,691 |
| 2016 | $1,574 | $27,717 | $9,641 | $18,076 |
| 2015 | $1,511 | $27,001 | $9,392 | $17,609 |
| 2014 | $1,511 | $27,001 | $9,392 | $17,609 |
| 2013 | $1,511 | $28,878 | $10,045 | $18,833 |
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
112 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11845665
APN: 02-24-04-104-104
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