NOT LISTED FOR SALE

263 Fossil Bay Ct Wilmington, IL 60481

Estimated Value: $225,000 - $292,000

3 Beds
3 Baths
1,103 Sq Ft
$232/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $230,000 $209 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,866/month

12 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Community Pool
  • Community Lake
  • Property is near a park
  • Stainless Steel Appliances

About This Home

As of September 2022

This custom-built home has curb appeal! You will see it the minute you pull up with the front covered porch, roof design & a couple different types & colors of siding. Check out this 3 Bedroom / 3 Bath stick-built home with finished basement located in Fossil Cove. This home has 3 nice size bedrooms, master bedroom (bedroom furniture included) having a walk-in closet & private bath. Wood laminate flooring in living room and kitchen. Kitchen has newer stainless-steel appliances and plenty of cabinets & counter space. Washer/dryer located off kitchen. The basement has been nicely finished (great place to entertain) with a third bath w/shower, a storage room (could be converted to a 4th bedroom) & a wet bar with kegerator & fridge. Nicely landscaped outside including a block patio, steps up to a sitting area in the wooded portion of lot. Large shed (on concrete) for storage. Paved driveway. This home has been set-up (wired) for a backup generator. New water heater (6/22). Check it out today!

Last Agent to Sell the Property

Keith Eastman

Keith Eastman Realty, LLC License #471000460 Listed on: 08/03/2022

Last Buyer's Agent

Lori Bonarek

Lori Bonarek Realty License #471022278

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,061

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 50x100
  • Paved or Partially Paved Lot

HOA Fees

  • $133 Monthly HOA Fees

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,103 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Tideland Water Rights
  • Shed

Additional Features

  • Property is near a park
  • Forced Air Heating and Cooling System

Community Details

Overview

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

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,061

Year Built

Built in 2005

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Shadow Lakes
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • 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)
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 1103
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • List Price: 214900
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1600
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Park, Pool, Lake, Water Rights, Gated, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: 0
  • Management Contact Name: 0
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Water, Security, Clubhouse, Pool, Lake Rights

Schools

  • Middle/Junior School District: 255U

Lot Info

  • Lot Dimensions: 50X100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3061
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Sep 9, 2022
Sold by
Colavecchi Michael J
Bought by
Davidson James
Seller's Agent
Keith Eastman
Keith Eastman Realty, LLC
Buyer's Agent
Lori Bonarek
Lori Bonarek Realty
List Price
$214,900
Sold Price
$230,000
Premium/Discount to List
$15,100
7.03%
Current Estimated Value
$256,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,028
Avg. Annual Appreciation
3.63%

Purchase Details

Closed on
Oct 6, 2011
Sold by
Daly Michael J
Bought by
Colavecchi Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2010
Sold by
Wells Fargo Bank Na
Bought by
Daly Michael J

Purchase Details

Closed on
Sep 14, 2010
Sold by
The Secretary Of Veterans Affairs
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 27, 2009
Sold by
Shymkus Stephen P and Shymkus Jessica M
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Sep 29, 2006
Sold by
Ld Group Enterprises Llc
Bought by
Shymkus Stephen P and Shymkus Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,337
Interest Rate
6.49%
Mortgage Type
VA

Purchase Details

Closed on
Aug 5, 2004
Sold by
Lasalle Bank Na
Bought by
L D Group Enterprises Llc
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 Buyer Sale Price Title Company
Davidson James $230,000 New Title Company Name
Colavecchi Michael J $100,000 Multiple
Daly Michael J $65,000 Servicelink Hopewell Campus
Wells Fargo Bank Na -- Servicelink
The Secretary Of Veterans Affairs -- None Available
Shymkus Stephen P $160,000 Ticor Title
L D Group Enterprises Llc $24,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colavecchi Michael J $72,000
Previous Owner Colavecchi Michael J $80,000
Previous Owner Shymkus Stephen P $163,337
Previous Owner L D Group Enterprises Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $230,000 +7.0% $209 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $214,900 -- $195 / 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 $3,743 $57,238 $15,064 $42,174
2022 $3,170 $51,940 $13,670 $38,270
2021 $3,061 $49,576 $13,048 $36,528
2020 $2,888 $46,969 $12,362 $34,607
2019 $2,714 $44,352 $11,673 $32,679
2018 $2,602 $42,442 $11,170 $31,272
2017 $2,549 $41,610 $10,951 $30,659
2016 $2,477 $40,242 $10,591 $29,651
2015 $2,383 $39,204 $10,318 $28,886
2014 $2,383 $39,204 $10,318 $28,886
2013 $2,383 $39,938 $10,511 $29,427
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11482630

Midwest Real Estate Data (MRED)

APN: 24-04-307-040