NOT LISTED FOR SALE

26042 Cottage Rd Wilmington, IL 60481

Estimated Value: $332,042 - $350,000

2 Beds
1 Bath
1,415 Sq Ft
$239/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $270,000 $191 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,386/month

6 Days on Market

Highlights

  • River Front
  • Open Floorplan
  • Heated Enclosed Porch
  • L.J. Stevens Intermediate School Rated A-
  • Deck
  • Cottage

About This Home

As of August 2021

Calling all river rats! Do you boat? Ski? Fish? Or would you rather just relax and stare at the beautiful views of the river? This cottage on the Kankakee River is on owned land. Eat-in kitchen and living room are open concept in a 24x19 great room. Master bedroom and enclosed, heated porch look out over the river- imagine waking up to that! Two car attached garage at ground level is and has been used as an entertaining area complete with a second kitchen. Wrap around deck on north side (facing river) and east side of the home, 20x16 patio off lower level is covered by the deck, private removable dock, 16x12 shed with a full bathroom so no one needs to enter the home off the water! New central air and freshly painted! Hang out in the summer, live here year round, or lease it out as a vacation rental (no bylaws/association)!!!

Last Agent to Sell the Property

Jim Ludes

Hexagon Real Estate License #471019344 Listed on: 08/11/2021

Last Buyer's Agent

Raeanne Schad

Keller Williams Infinity License #475189094

Keller Williams Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,854

Year Built

  • Built in 1994

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 88.8 x 216.8 x 46.6 x 28.7 x 208.3
  • River Front
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Gravel Driveway
  • Parking Included in Price

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,415 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room
  • Heated Enclosed Porch
  • Laminate Flooring
  • Water Views
  • Unfinished Attic
  • Storm Screens
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Tideland Water Rights
  • Balcony
  • Deck

Utilities

  • Central Air
  • Heating Available
  • Well
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,854

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cottage
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, Open Floorplan
  • LivingArea: 1415
  • Room Type: Enclosed Porch Heated
  • Estimated Total Finished Sq Ft: 1415
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1415
  • Total Sq Ft: 1415
  • Upper Level Sq Ft: 575
  • Attic: Unfinished
  • Main Level Sq Ft: 840

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Porch Screened, Storms/Screens
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • List Price: 270000
  • Lot Features: River Front, Water View, Waterfront
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Gravel
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Electric
  • Water Source: Private Well

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 209U

Lot Info

  • Lot Size Acres: 0.41
  • Lot Dimensions: 88.8 X 216.8 X 46.6 X 28.7 X 208.3
  • Rural (Y/N): Y
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5854
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2023
Sold by
Brown Douglas C and Strama Betty
Bought by
Jodison James P and Conway Thomas
Current Estimated Value
$338,011

Purchase Details

Listed on
Aug 11, 2021
Closed on
Aug 27, 2021
Sold by
Kodrick Brian
Bought by
Brown Douglas C and Jodison James P
Seller's Agent
Jim Ludes
Hexagon Real Estate
Buyer's Agent
Raeanne Schad
Keller Williams Infinity
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%

Purchase Details

Listed on
Aug 12, 2012
Closed on
Nov 15, 2013
Sold by
Graham William R and Estate Of Kimberly K Ruth
Bought by
Kodrick Brian
Seller's Agent
Jayne Sinchak
Baird & Warner
Buyer's Agent
James Ludes
Lori Bonarek Realty
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$205,071
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Ruth Kevin
Bought by
Ruth Kimberly K

Purchase Details

Closed on
Jul 1, 1994
Sold by
Bookout Leo and Bookout Ruth
Bought by
Ruth Kevin M and Ruth Kimberly K
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
Jodison James P -- None Listed On Document
Brown Douglas C $270,000 Fidelity National Title Co
Kodrick Brian $225,000 Fidelity National Title Ins
Ruth Kimberly K -- None Available
Ruth Kevin M $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kodrick Brian $205,071
Previous Owner Ruth Kevin M $233,340
Previous Owner Ruth Kevin M $200,000
Previous Owner Ruden Robert B $200,000
Previous Owner Ruden Robert B $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $270,000 0.0% $191 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $270,000 +20.0% $191 / Sq Ft
11/15/2013 11/15/13 Sold $225,000 -10.0% $188 / Sq Ft
10/11/2013 10/11/13 Pending -- -- --
08/12/2012 08/12/12 For Sale $249,900 -- $208 / 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 $6,538 $103,042 $18,612 $84,430
2022 $5,797 $93,310 $16,854 $76,456
2021 $5,917 $87,083 $15,729 $71,354
2020 $5,854 $84,793 $15,315 $69,478
2019 $5,734 $83,122 $15,013 $68,109
2018 $5,637 $81,229 $14,671 $66,558
2017 $5,296 $75,880 $13,705 $62,175
2016 $4,822 $69,711 $12,591 $57,120
2015 $4,924 $68,044 $12,290 $55,754
2014 $4,924 $68,731 $12,414 $56,317
2013 $4,924 $58,243 $13,229 $45,014
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11182251

Midwest Real Estate Data (MRED)

APN: 03-17-07-101-003