256 Fossil Point Ct Wilmington, IL 60481
Braidwood NeighborhoodEstimated Value: $301,958
3
Beds
4
Baths
2,200
Sq Ft
$137/Sq Ft
Est. Value
Highlights
- Water Views
- Gated Community
- Clubhouse
- Boat Dock
- Community Lake
- Property is near a park
About This Home
As of September 2024Are you looking for a resort style lifestyle all year long? Look no further than this completely redone like a brand new home in Shadow Lakes! Shadow Lakes is a private gated community that is located minutes from I-55 and less than 60 minutes from Chicago! There is a whole different world within the gates of this private community. There are miles of fresh water lakes and channels that connect. There is incredible fishing, places to swim, boat, and activities. There is a clubhouse, community pool, beach, recreation areas, and dog park to name a few. This spacious home features 3-4 bedrooms 2 full and 2 half baths and a full basement that is mostly finished. Everything in this home is brand new! All new drywall, paint, flooring, cabinetry throughout, new light fixtures, new stainless steel appliances, new mechanicals including furnace, H20 heater etc...The main level features a well appointed kitchen that includes all appliances and breakfast bar to name a few things. The kitchen is combined with a great sized dining room. Near the kitchen there is a full bathroom conveniently located for guests. The living room features a beautiful stone fireplace. There are also patio doors out to the patio with firepit. The master bedroom is also located on the main level of the home and is generously sized and features a very large closet and bathroom. The master bathroom features a whirlpool tub, separate shower, and plenty of storage! Upstairs on the second level there is a recreation/loft area at the top of the stairs that would make a great recreation room. The two upstairs bedrooms each have their own closet and plenty of natural light. There is also a half bathroom on the second level. Back downstairs in the walk-out basement, there is an enormous family/recreation room, a room that could be a 4th bedroom or office, a workshop/utility room, and the mechanical room as well as a half bathroom. This home is super convenient for any lifestyle! All appliances will stay with the home. There is plenty of off street parking for you and your guests. You will not be disappointed if resort living all year round is what you are looking for! This home is part of an estate and is being sold as is.
Last Listed By
Coldwell Banker Real Estate Group License #475138565 Listed on: 07/12/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,393
Year Built
- Built in 2003
Lot Details
- 6,970
HOA Fees
- $108 Monthly HOA Fees
Home Design
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,200 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Home Office
- Water Views
- Unfinished Attic
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Whirlpool Bathtub
- Separate Shower
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Parking
- 5 Parking Spaces
- Driveway
- Uncovered Parking
- Off-Street Parking
- Parking Space is Owned
Outdoor Features
- Tideland Water Rights
- Patio
- Shed
Utilities
- Central Air
- Heating System Uses Propane
Additional Features
- Paved or Partially Paved Lot
- Property is near a park
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, security, clubhouse, pool, scavenger, snow removal, lake rights
- Shadow Lakes Association, Phone Number (815) 458-3647
- Shadow Lakes Subdivision
- Property managed by Shadow Lakes Association
- Community Lake
Recreation
- Boat Dock
- Community Pool
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2024
Closed on
Sep 16, 2024
Sold by
Donald C Franzen Living Trust and Franzen Christopher C
Bought by
Daly Tyler
Seller's Agent
Jaime Zink
Coldwell Banker Real Estate Group
Buyer's Agent
Robert Findlay
Findlay Real Estate Group Inc
List Price
$324,900
Sold Price
$287,500
Premium/Discount to List
-$37,400
-11.51%
Total Days on Market
43
Views
84
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
$14,458
Avg. Annual Appreciation
8.10%
Original Mortgage
$282,292
Outstanding Balance
$280,502
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$21,456
Purchase Details
Closed on
Oct 17, 2023
Sold by
Franzen Donald C
Bought by
Donald C Franzen Living Trust and Franzen
Purchase Details
Closed on
Oct 16, 2023
Sold by
Franzen Jeannine M
Bought by
Franzen Donald C
Purchase Details
Closed on
Dec 23, 2008
Sold by
Franzen Donald C
Bought by
Franzen Donald C and Franzen Jeannine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
5.96%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Nov 29, 2002
Sold by
Lasalle Bank Na
Bought by
Franzen Donald C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,200
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in Wilmington, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Daly Tyler | $287,500 | Fidelity National Title | |
| Donald C Franzen Living Trust | -- | None Listed On Document | |
| Franzen Donald C | -- | None Listed On Document | |
| Franzen Donald C | -- | Ticor Title | |
| Franzen Donald C | $28,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Daly Tyler | $282,292 | |
| Previous Owner | Franzen Donald C | $75,100 | |
| Previous Owner | Franzen Donald C | $79,900 | |
| Previous Owner | Franzen Donald C | $90,000 | |
| Previous Owner | Franzen Donald C | $112,500 | |
| Previous Owner | Franzen Donald C | $25,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/20/2024 09/20/24 | Sold | $287,500 | -7.2% | $131 / Sq Ft |
| 08/26/2024 08/26/24 | Pending | -- | -- | -- |
| 08/12/2024 08/12/24 | Price Changed | $309,900 | -3.1% | $141 / Sq Ft |
| 07/27/2024 07/27/24 | Price Changed | $319,900 | -1.5% | $145 / Sq Ft |
| 07/13/2024 07/13/24 | For Sale | $324,900 | -- | $148 / Sq Ft |
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 | $3,066 | $85,634 | $9,179 | $76,455 |
| 2022 | $3,066 | $77,707 | $8,329 | $69,378 |
| 2021 | $3,453 | $74,169 | $7,950 | $66,219 |
| 2020 | $3,467 | $70,269 | $7,532 | $62,737 |
| 2019 | $3,480 | $66,354 | $7,112 | $59,242 |
| 2018 | $3,509 | $63,497 | $6,806 | $56,691 |
| 2017 | $3,518 | $62,252 | $6,673 | $55,579 |
| 2016 | $3,915 | $60,205 | $6,454 | $53,751 |
| 2015 | $3,793 | $58,650 | $6,287 | $52,363 |
| 2014 | $3,793 | $58,650 | $6,287 | $52,363 |
| 2013 | $3,793 | $62,727 | $6,724 | $56,003 |
Source: Public Records
Agents Affiliated with this Home
-
Jaime Zink
Seller's Agent in 2024
Jaime Zink
Coldwell Banker Real Estate Group
(815) 405-3182
1 in this area
36 Total Sales
-
Robert Findlay
Buyer's Agent in 2024
Robert Findlay
Findlay Real Estate Group Inc
(815) 317-5316
74 in this area
448 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12110165
APN: 24-04-307-011
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