$225,000
SOLD AUG 29, 2019

253 Fossil Point Ct Wilmington, IL 60481

3 Beds
2.5 Baths
1,476 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$152 Per Sq Ft

4% Below List Price

30 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Deck
  • Waterfront
  • Clubhouse
  • Property is near a park

About This Home

As of August 2019

Experience beautiful views from every angle of this amazing, waterfront home. Large open floor plan, floor to ceiling windows, wood burning stove in walkout basement, whole house fan, built in shelves in library, two tiered deck, attached garage. Numerous updates within the past two years include: stainless steel appliances, granite counter-tops, Nest wi-fi thermostat, new flooring throughout most of the home, including bamboo, walk-in shower in master bath and water heater. Enjoy fishing, swimming, and boating from your private dock. The Shadow Lakes community offers swimming pool, beach, playgrounds, fishing piers, dog park, community center, pavilion, basketball and volleyball courts.

Last Agent to Sell the Property

Lori Bonarek

Lori Bonarek Realty License #471022278 Listed on: 06/28/2019

Co-Listed By

Jennifer Phillips

Lori Bonarek Realty License #475164856

Last Buyer's Agent

Karen Alexa-Gillespie

RE/MAX Action License #475089742

RE/MAX Action

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,826

Year Built

  • Built in 2006

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 109x17x17x83x35x27x33x31x103
  • Waterfront
  • Paved or Partially Paved Lot

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,476 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Library
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Utilities

  • Central Air
  • Heating System Uses Propane
  • Water Softener is Owned

Additional Features

  • Deck
  • Property is near a park

Community Details

Overview

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,826

Year Built

Built in 2006

Lot Details

0

HOA Fees

$133 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Shadow Lakes
  • Year Built: 2006
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Softener Owned
  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • LivingArea: 1476
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Library, Loft
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • List Price: 229500
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Propane
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1600
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Park, Lake, Gated, Street Paved
  • Master Association Fee: No
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Clubhouse, Pool, Snow Removal, Lake Rights

Schools

  • Middle/Junior School District: 255U

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.09
  • Lot Dimensions: 109X17X17X83X35X27X33X31X103
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 4825.88
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Aug 27, 2019
Sold by
Fisk Sally J
Bought by
Vanek Frank E and Vanek Genna R
Seller's Agent
Lori Bonarek
Lori Bonarek Realty
Buyer's Agent
Karen Alexa-Gillespie
RE/MAX Action
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Current Estimated Value
$322,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,885
Avg. Annual Appreciation
6.29%
Original Mortgage
$213,750
Outstanding Balance
$189,333
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$133,552

Purchase Details

Listed on
Jan 16, 2017
Closed on
Aug 16, 2017
Sold by
Kozma James and Kozma Betty
Bought by
Fisk Sally J
Seller's Agent
Kristy Pfeifer
Coldwell Banker Real Estate Group
Buyer's Agent
Aggie Masse
Results Realty, Inc.
List Price
$240,000
Sold Price
$215,000
Premium/Discount to List
-$25,000
-10.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.26%
Original Mortgage
$172,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2014
Sold by
Kozma James and Kozma Denise
Bought by
Kozma James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2008
Sold by
Selby William and Selby Jeri
Bought by
Kozma James and Kozma Denise

Purchase Details

Closed on
May 13, 2004
Sold by
Lasalle Bank Na
Bought by
Selby William and Selby Jeri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $225,000 Fidelity National Title
Deed $215,000 Fidelity National Title Ins
Interfamily Deed Transfer $100,000 None Available
Warranty Deed $280,000 Ticor Title
Deed $33,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $213,750 New Conventional
Previous Owner $172,000 New Conventional
Previous Owner $172,000 New Conventional
Previous Owner $110,000 New Conventional
Previous Owner $11,100 Credit Line Revolving
Previous Owner $217,600 Unknown
Previous Owner $192,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $225,000 -2.0% $152 / Sq Ft
07/27/2019 07/27/19 Pending -- -- --
07/23/2019 07/23/19 Price Changed $229,500 -2.3% $155 / Sq Ft
06/27/2019 06/27/19 For Sale $235,000 +9.3% $159 / Sq Ft
08/18/2017 08/18/17 Sold $215,000 -2.2% --
07/10/2017 07/10/17 Price Changed $219,900 -2.3% --
06/30/2017 06/30/17 Pending -- -- --
05/18/2017 05/18/17 Price Changed $225,000 -4.3% --
03/15/2017 03/15/17 Price Changed $235,000 -2.1% --
01/16/2017 01/16/17 For Sale $240,000 -- --
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
2023 $7,003 $101,162 $17,751 $83,411
2022 $5,897 $91,799 $16,108 $75,691
2021 $5,710 $87,620 $15,375 $72,245
2020 $5,421 $83,013 $14,567 $68,446
2019 $5,115 $78,388 $13,755 $64,633
2018 $4,918 $75,013 $13,163 $61,850
2017 $4,826 $73,542 $12,905 $60,637
2016 $4,701 $71,124 $12,481 $58,643
2015 $4,551 $69,288 $12,159 $57,129
2014 $4,551 $69,288 $12,159 $57,129
2013 $4,551 $74,105 $13,004 $61,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10433111

Midwest Real Estate Data (MRED)

APN: 24-04-307-059