26109 Locust Ln Unit 40 Wilmington, IL 60481
Estimated Value: $77,000 - $212,216
4
Beds
1
Bath
1,895
Sq Ft
$77/Sq Ft
Est. Value
Highlights
- Deck
- Ranch Style House
- Living Room
- L.J. Stevens Intermediate School Rated A-
- Breakfast Bar
- Laundry Room
About This Home
As of May 2022Property with lots of potential in the Phelan Acres Subdivision. Property being sold "as is", seller will not provide termite or survey. House with 4 bedrooms, large living room and kitchen lots of square footage. Great location situated between Goose Lake Prairie State Park and Des Plaines Conservation Area where you can launch your boat. No representations made as to the condition.
Home Details
Home Type
- Single Family
Year Built
- Built in 1958
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 83 x 118 x 83 x 135
HOA Fees
- $28 Monthly HOA Fees
Home Design
- Ranch Style House
- Frame Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,895 Sq Ft Home
- Living Room
- Laminate Flooring
- Crawl Space
- Breakfast Bar
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- Gravel Driveway
- Uncovered Parking
- Off-Street Parking
- Parking Included in Price
Outdoor Features
- Deck
- Shed
Schools
- Bruning Elementary School
- Wilmington Middle School
- Wilmington High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Shared Well
- Private or Community Septic Tank
Community Details
- Joyce Cambruzi Association, Phone Number (815) 476-2223
- Phelan Acres Subdivision
- Property managed by Phelan Acres Condo
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 26, 2021
Closed on
May 26, 2022
Sold by
Busey Bank
Bought by
Kotschi Robert
Seller's Agent
Thomas Mulvey
Dow Realty
Buyer's Agent
Jane Hopkins
Dow Realty
List Price
$58,000
Sold Price
$39,900
Premium/Discount to List
-$18,100
-31.21%
Total Days on Market
96
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
$105,904
Avg. Annual Appreciation
66.30%
Purchase Details
Closed on
Jan 6, 2021
Sold by
Creed Janis and Creed James
Bought by
Busey Bank
Purchase Details
Closed on
Apr 5, 2005
Sold by
Soll Justin
Bought by
Creed James and Creed Janis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Mar 5, 2004
Sold by
Homecomings Financial Network Inc
Bought by
Soll Justin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,500
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 3, 2003
Sold by
First Franklin Financial Corp
Bought by
Homecomings Financial Network Inc
Purchase Details
Closed on
Nov 27, 2002
Sold by
Labanowski Frank and Case #02 Ch 489
Bought by
First Franklin Financial Corp
Purchase Details
Closed on
Oct 16, 2002
Sold by
Labanowski Frank
Bought by
First Franklin Financial Corp
Purchase Details
Closed on
May 1, 2001
Sold by
Labanoski Frank
Bought by
Labanowski Frank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
7.02%
Purchase Details
Closed on
Sep 20, 2000
Sold by
Labanowski Frank and Labanowski Jill M
Bought by
Labanoski Frank
Purchase Details
Closed on
Jul 25, 1996
Sold by
Smith Marian
Bought by
Labanowski Frank J and Labanowski Jill M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Wilmington, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kotschi Robert | $39,900 | Fidelity National Title | |
| Busey Bank | -- | None Available | |
| Creed James | $83,000 | Ticor Title | |
| Soll Justin J | $36,500 | Ticor Title | |
| Homecomings Financial Network Inc | -- | Ticor Title Insurance Compan | |
| First Franklin Financial Corp | -- | -- | |
| First Franklin Financial Corp | $85,210 | -- | |
| Labanowski Frank | -- | First American | |
| Labanoski Frank | -- | -- | |
| Labanowski Frank J | $25,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Creed James | $3,604 | |
| Previous Owner | Creed James | $8,000 | |
| Previous Owner | Creed James | $8,000 | |
| Previous Owner | Creed James | $70,400 | |
| Previous Owner | Soll Justin J | $36,500 | |
| Previous Owner | Labanowski Frank | $89,250 | |
| Previous Owner | Labanowski Frank | $82,600 | |
| Previous Owner | Labanowski Frank J | $61,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2022 05/27/22 | Sold | $39,900 | 0.0% | $21 / Sq Ft |
| 04/02/2022 04/02/22 | Pending | -- | -- | -- |
| 03/17/2022 03/17/22 | Price Changed | $39,900 | -31.2% | $21 / Sq Ft |
| 12/26/2021 12/26/21 | For Sale | $58,000 | -- | $31 / 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 | $2,640 | $39,718 | $8,742 | $30,976 |
| 2022 | $2,388 | $35,966 | $7,916 | $28,050 |
| 2021 | $2,281 | $33,566 | $7,388 | $26,178 |
| 2020 | $2,257 | $32,684 | $7,194 | $25,490 |
| 2019 | $2,210 | $32,040 | $7,052 | $24,988 |
| 2018 | $2,173 | $31,310 | $6,891 | $24,419 |
| 2017 | $2,042 | $29,248 | $6,437 | $22,811 |
| 2016 | $1,859 | $26,870 | $5,914 | $20,956 |
| 2015 | $1,517 | $26,228 | $5,773 | $20,455 |
| 2014 | $1,517 | $26,493 | $5,831 | $20,662 |
| 2013 | $1,517 | $28,232 | $6,214 | $22,018 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Mulvey
Seller's Agent in 2022
Thomas Mulvey
Dow Realty
(815) 730-1900
56 Total Sales
-
Jane Hopkins
Buyer's Agent in 2022
Jane Hopkins
Dow Realty
(815) 274-1390
44 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11293981
APN: 17-06-303-001
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