$58,000
SOLD OCT 31, 2014

278 Fossil Ridge Rd Wilmington, IL 60481

1 Bed
1 Bath
400 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$145 Per Sq Ft

27% Below List Price

451 Days on Market

About This Home

As of October 2023

Ready to enjoy this WATERFRONT log sided park model. One Bedroom w/loft. Large deck w/screened gazebo & a great view overlooking nature area. This property is located on a cul de sac (added privacy).

Last Agent to Sell the Property

Keith Eastman

Keith Eastman Realty, LLC License #471000460 Listed on: 05/10/2013

Last Buyer's Agent

Lee Ernst

eXp Realty License #475112181

eXp Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $1,515

HOA Fees

  • $60 per month

Home Design

  • Asphalt Shingled Roof
  • Cedar

Parking

  • Gravel Driveway
  • Off-Street Parking

Additional Features

  • Oven or Range
  • Central Air

Property Details

Home Type

Other

Est. Annual Taxes

$1,515

Lot Details

0

HOA Fees

$60 per month

Interior Features

  • Total # Of Rooms: 3
  • Appliances: Oven/Range, Refrigerator
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X12
  • Living Room Level: Main Level
  • Living Room Size: 10X12
  • Kitchen Level: Main Level
  • Kitchen Size: 8X12

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 2
  • Parking: Off Street
  • Parking Type: Space/s
  • Driveway: Gravel

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Heat/Fuel: Propane

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment/Association Fees: 715

Schools

  • Junior High Dist: 255U

Lot Info

  • Lot Dimensions: 52X17X12X92X56X76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Weck Evan and Weck Cari
Bought by
Black Joyce
Current Estimated Value
$132,486

Purchase Details

Listed on
Jul 24, 2018
Closed on
Sep 28, 2019
Sold by
Mugavero Christopher J
Bought by
Zubcic Jaclyn M
Seller's Agent
Keith Eastman
Keith Eastman Realty, LLC
Buyer's Agent
Keith Eastman
Keith Eastman Realty, LLC
List Price
$69,900
Sold Price
$44,900
Premium/Discount to List
-$25,000
-35.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.51%
Original Mortgage
$31,430
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Listed on
May 10, 2013
Closed on
Oct 20, 2014
Sold by
Jurusik Patricia
Bought by
Mugavero Christopher J
Seller's Agent
Keith Eastman
Keith Eastman Realty, LLC
Buyer's Agent
Lee Ernst
eXp Realty
List Price
$79,900
Sold Price
$58,000
Premium/Discount to List
-$21,900
-27.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.05%
Original Mortgage
$46,400
Interest Rate
4.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 14, 2009
Sold by
Jurusik Patricia and Sagris Demetrios
Bought by
Jurusik Patricia and Trust #09278

Purchase Details

Closed on
Sep 27, 2002
Sold by
Schultz Ronald C and Schultz Bridget C
Bought by
Jurusik Patricia and Sagris Elizabeth

Purchase Details

Closed on
Mar 13, 2002
Sold by
Cipolla Costantino and Cipolla Salvatrice
Bought by
Schultz Ronald C and Schultz Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Cipolla Constantino and Cipolla Salvatrice
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 Type Sale Price Title Company
Warranty Deed $143,000 Fidelity National Title
Warranty Deed $44,900 Fidelity National Title
Deed $58,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Warranty Deed $28,000 Ticor Title
Warranty Deed $29,000 Ticor Title
Joint Tenancy Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $31,430 Commercial
Previous Owner $46,400 Adjustable Rate Mortgage/ARM
Previous Owner $41,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2023 10/09/23 Sold $80,000 -4.8% $200 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/14/2023 09/14/23 Price Changed $84,000 0.0% $210 / Sq Ft
09/14/2023 09/14/23 For Sale $84,000 -15.6% $210 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
07/04/2023 07/04/23 For Sale $99,500 +121.6% $249 / Sq Ft
10/07/2019 10/07/19 Sold $44,900 0.0% $112 / Sq Ft
07/27/2019 07/27/19 Pending -- -- --
05/03/2019 05/03/19 Price Changed $44,900 -10.0% $112 / Sq Ft
03/04/2019 03/04/19 Price Changed $49,900 -9.1% $125 / Sq Ft
01/08/2019 01/08/19 Price Changed $54,900 -8.3% $137 / Sq Ft
10/08/2018 10/08/18 Price Changed $59,900 -7.7% $150 / Sq Ft
09/05/2018 09/05/18 Price Changed $64,900 -7.2% $162 / Sq Ft
07/24/2018 07/24/18 For Sale $69,900 +20.5% $175 / Sq Ft
10/31/2014 10/31/14 Sold $58,000 -17.0% $145 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
04/28/2014 04/28/14 Price Changed $69,900 -12.5% $175 / Sq Ft
05/10/2013 05/10/13 For Sale $79,900 -- $200 / 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 $1,515 $27,231 $14,350 $12,881
2022 $1,306 $24,711 $13,022 $11,689
2021 $1,669 $23,586 $12,429 $11,157
2020 $1,580 $22,345 $11,775 $10,570
2019 $1,498 $21,100 $11,119 $9,981
2018 $1,446 $20,191 $10,640 $9,551
2017 $1,421 $19,795 $10,431 $9,364
2016 $1,389 $19,144 $10,088 $9,056
2015 $1,117 $18,650 $9,828 $8,822
2014 $1,117 $15,492 $9,828 $5,664
2013 $1,117 $16,569 $10,511 $6,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08339617

Midwest Real Estate Data (MRED)

APN: 02-24-04-307-026