278 Fossil Ridge Rd Wilmington, IL 60481
1
Bed
1
Bath
400
Sq Ft
4,792
Sq Ft Lot
Highlights
- Gated Community
- Community Lake
- Deck
- Waterfront
- Clubhouse
- Property is near a park
About This Home
As of October 2023BACK ON THE MARKET! Buyer's Financing fell through at the last minute. New Low Price! Adorable One Bedroom w/loft located on a quiet cul de sac in Shadow Lakes. This cute and quaint log model features a large deck with a great view overlooking both water and nature. Pontoon boat included! Ample Parking Spots. Enjoy all the amenities that Shadow Lakes has to offer-including the pool, beach, boating and fishing.
Last Agent to Sell the Property
Lori Bonarek Realty License #471022613 Listed on: 07/04/2023
Last Buyer's Agent
@properties Christie's International Real Estate License #475154124
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,668
Year Built
- Built in 2000
Lot Details
- Lot Dimensions are 52x17x12x92x56x76
- Waterfront
HOA Fees
- $67 Monthly HOA Fees
Home Design
- Asphalt Roof
- Cedar
Interior Spaces
- 400 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Dining Room
- Laminate Flooring
- Range
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- Gravel Driveway
- Uncovered Parking
- Off-Street Parking
- Parking Included in Price
Outdoor Features
- Tideland Water Rights
- Deck
Location
- Property is near a park
Utilities
- Central Air
- Heating System Uses Propane
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, security, clubhouse, pool, lake rights
- Jim Ludes Association, Phone Number (815) 518-2300
- Shadow Lakes Subdivision
- Property managed by Lori Bonarek Realty
- Community Lake
Recreation
- Community Pool
Additional Features
- Clubhouse
- Gated Community
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
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
Similar Homes in Wilmington, IL
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Home Values in the Area
Average Home Value in this Area
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
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
-
Jenna Covey
J
Seller's Agent in 2023
Jenna Covey
Lori Bonarek Realty
(815) 518-2300
3 in this area
92 Total Sales
-
Ivana Longest
Buyer's Agent in 2023
Ivana Longest
@ Properties
(773) 617-8440
25 in this area
203 Total Sales
-
Keith Eastman
Seller's Agent in 2019
Keith Eastman
Keith Eastman Realty, LLC
(815) 735-0045
52 in this area
53 Total Sales
-
Lee Ernst
Buyer's Agent in 2014
Lee Ernst
eXp Realty
(815) 355-1229
137 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11822658
APN: 02-24-04-307-026
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