NOT LISTED FOR SALE

225 Fossil Cove Ln Wilmington, IL 60481

Estimated Value: $269,000 - $330,000

4 Beds
2 Baths
2,100 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $185,000 $88 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,096/month

314 Days on Market

Highlights

  • Lake Front
  • Heated Floors
  • Vaulted Ceiling
  • Boat Slip
  • Deck
  • Wet Bar

About This Home

As of March 2019

Looking for that beautiful retreat on the water? You will love life on Big Shadow Lake, set upon on a prime, waterfront, nestled above the lake & across from nature area this home is a raised ranch w/ 4 bedrooms & 2 baths. Upper level has 2 bedrooms /bath, open floor plan w/wood laminate floors, nice large kitchen (plenty counter space) & gas fireplace. Lower level has 2 BRS /bath, family room w/wet bar & heated floors (added warmth for the winter months). Newer double sump pumps. This home has plenty of room to entertain. All appliances including newer washer/dryer. A backup generator to keep the house going even during a power outage. Large beautiful deck w/screened gazebo, paver block sidewalk, nicely landscaped, boat slip, blacktopped driveway, a shed for storage all done and ready to enjoy. Gated Community w/ annual activities. Lot size not exact.

Last Agent to Sell the Property

Diane Brannock

Hexagon Real Estate License #471011113 Listed on: 04/03/2018

Last Buyer's Agent

Robert Findlay

Findlay Real Estate Group Inc License #471019089

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,176

Lot Details

  • Lake Front

HOA Fees

  • $86 per month

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Heated Floors
  • Laminate

Laundry

  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Exterior Basement Entry
  • Finished Basement Bathroom

Parking

  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Outdoor Features

  • Boat Slip
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,176

Lot Details

0

HOA Fees

$86 per month

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: Unknown
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2
  • Type Detached: Raised Ranch
  • Estimated Year Built: U
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Wood Laminate Floors, Heated Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 13X23, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Location: Living Room
  • Basement: English
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Kitchen Type: Dimensions: 11X16, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X14, On Level: Main Level
  • Bedroom 2: Dimensions: 12X13, On Level: Main Level
  • Bedroom 3: Dimensions: 10X11, On Level: Lower
  • Bedroom 4: Dimensions: 8X11, On Level: Lower
  • Estimated Sq Ft: 2100
  • Family Room: Dimensions: 15X23, On Level: Lower

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Deck, Boat Slip
  • Acreage: 0.2

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Off Street
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Propane, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Water, Security, Clubhouse, Pool, Lake Rights
  • Assessment Association Fees: 1031
  • Management Phone: 000-000-0000

Schools

  • School District: 255u
  • Junior High Dist: 255U

Lot Info

  • Lot Dimensions: 31X136X103X104
  • Lot Description: Lake Front
  • Parcel Identification Number: 0224041040950000

Tax Info

  • Taxes: 5020.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
Mar 14, 2019
Sold by
Fasshauer Kenneth and Fasshauer Betty
Bought by
Bailey Gregory A and Arndt Bailey Tammie J
Seller's Agent
Diane Brannock
Hexagon Real Estate
Buyer's Agent
Robert Findlay
Findlay Real Estate Group Inc
List Price
$254,777
Sold Price
$185,000
Premium/Discount to List
-$69,777
-27.39%
Current Estimated Value
$297,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,801
Avg. Annual Appreciation
7.48%
Original Mortgage
$148,000
Outstanding Balance
$94,010
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$203,791

Purchase Details

Closed on
Oct 15, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Morris Richard J and Morris Valerie J
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Bailey Gregory A $185,000 Fidelity National Title
Morris Richard J $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Gregory A $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2019 03/15/19 Sold $185,000 -7.4% $88 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
12/11/2018 12/11/18 Price Changed $199,777 -4.8% $95 / Sq Ft
10/24/2018 10/24/18 Price Changed $209,777 -2.3% $100 / Sq Ft
09/24/2018 09/24/18 Price Changed $214,777 -2.3% $102 / Sq Ft
07/31/2018 07/31/18 Price Changed $219,777 -12.0% $105 / Sq Ft
07/13/2018 07/13/18 Price Changed $249,777 -2.0% $119 / Sq Ft
04/03/2018 04/03/18 For Sale $254,777 -- $121 / 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 $5,176 $85,461 $13,898 $71,563
2023 $5,176 $76,544 $12,448 $64,096
2022 $4,369 $69,459 $11,296 $58,163
2021 $4,643 $66,297 $10,782 $55,515
2020 $4,423 $62,811 $10,215 $52,596
2019 $4,192 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09903563

Midwest Real Estate Data (MRED)

APN: 02-24-04-104-109