NOT LISTED FOR SALE

25448 Cottage Rd Wilmington, IL 60481

Estimated Value: $414,000 - $465,000

1 Bed
1 Bath
1,000 Sq Ft
$433/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $410,000 $410 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,876/month

7 Days on Market

Highlights

  • Waterfront
  • Sun or Florida Room
  • Laundry Room
  • L.J. Stevens Intermediate School Rated A-
  • Living Room
  • Bathroom on Main Level

About This Home

As of July 2024

What a gem of a find! This 1 bedroom/1 bath approx 1000 sq ft of pure enjoyment is on the Kankakee River. Inside completely remodeled in 2020. Sunroom has powered shades and beautiful/calming views of the water. Kitchen has all new stainless steel appliances, island w/butcher block top, farm sink, cabinets w/soft close drawers, and under cabinet lighting, floors and lights. Remodeled bathroom as well. Three murphy beds for your overnight visitors (mattresses do not stay). Laundry inside the bedroom. That's just the inside! Outside is your personal oasis. New roof & 1.5 car garage in 2018. Sand point well with new well pump. New minisplit multiunit for heat & a/c. Original connections for central air still at house but disconnected, can easily be reattached. Enjoy those evenings under the metal roof gazebo w/paver patio floor. Actually there are numerous sitting areas, depending on your love for the sun. Cascade waterfall w/lights. Deep water right off of the dock. Navigable waters for your boat. Being sold as-is, there is nothing that is known to be wrong.

Last Agent to Sell the Property

Ricky Gray

Spring Realty License #475127902 Listed on: 06/15/2024

Last Buyer's Agent

Julie Mara

Baird & Warner License #475127075

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,129

Year Renovated

  • 2017

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Porcelain Tile

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Two cooling system units
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Additional Features

  • Tideland Water Rights
  • Waterfront

Community Details

  • Ranch

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,129

Year Renovated

2017

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 1000
  • Room Type: Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Frame
  • List Price: 389000
  • Roof: Asphalt
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Gravel, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Septic Tank
  • Cooling: Dual
  • Heating: Natural Gas
  • Laundry Features: Main Level, In Unit
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Water Rights
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 209

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5129
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Jul 31, 2024
Sold by
Duncan Stephen
Bought by
Murdoch Geoffrey C and Boyne Amanda L
Seller's Agent
Ricky Gray
Spring Realty
Buyer's Agent
Julie Mara
Baird & Warner
List Price
$389,000
Sold Price
$410,000
Premium/Discount to List
$21,000
5.4%
Views
34
Current Estimated Value
$432,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,576
Avg. Annual Appreciation
5.40%

Purchase Details

Listed on
Feb 26, 2018
Closed on
Aug 8, 2018
Sold by
Sunwest Truts
Bought by
Duncan Stephen
Seller's Agent
Sharon Thomas
Karges Realty
Buyer's Agent
Sharon Thomas
Karges Realty
List Price
$248,000
Sold Price
$235,000
Premium/Discount to List
-$13,000
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$211,500
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 16, 2012
Sold by
Virginia Governale
Bought by
Sunwest Trust
Source: Public Records

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 Buyer Sale Price Title Company
Murdoch Geoffrey C $410,000 Wheatland Title
Duncan Stephen $235,000 First American Title
Sunwest Trust $200,000 City Wide Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duncan Stephen J $25,000
Previous Owner Duncan Stephen $211,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $410,000 +5.4% $410 / Sq Ft
06/23/2024 06/23/24 Pending -- -- --
06/15/2024 06/15/24 For Sale $389,000 +65.5% $389 / Sq Ft
08/10/2018 08/10/18 Sold $235,000 -5.2% $235 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $248,000 0.0% $248 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $248,000 -- $248 / 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
2023 $5,842 $85,297 $18,054 $67,243
2022 $5,669 $77,241 $16,349 $60,892
2021 $4,898 $72,087 $15,258 $56,829
2020 $4,846 $70,192 $14,857 $55,335
2019 $4,747 $68,809 $14,564 $54,245
2018 $4,326 $62,342 $14,232 $48,110
2017 $4,065 $58,237 $13,295 $44,942
2016 $3,701 $53,502 $12,214 $41,288
2015 $3,779 $52,223 $11,922 $40,301
2014 $3,779 $52,750 $12,042 $40,708
2013 $3,779 $56,213 $12,833 $43,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12084585

Midwest Real Estate Data (MRED)

APN: 17-08-151-001