NOT LISTED FOR SALE

28343 Cedar Ln Unit 22 Wilmington, IL 60481

Estimated Value: $267,000 - $289,000

3 Beds
1 Bath
2,014 Sq Ft
$136/Sq Ft Est. Value

Last Sold January 08, 2020

Last sale price $171,500 $85 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,823/month

9 Days on Market

Highlights

  • Water Views
  • Mature Trees
  • Detached Garage
  • L.J. Stevens Intermediate School Rated A-
  • Ranch Style House
  • Breakfast Bar

About This Home

As of January 2020

Have you ever wanted to be on vacation 365 days of the year? Then this home is for you! Totally remodeled & updated sprawling ranch home on almost a 1/2 acre lot nestled in a unique neighborhood situated on the Kankakee River. Featuring a brand new kitchen with upgraded granite counter tops, breakfast bar w/storage & all new stainless steel appliances. This house has been completely refreshed with many new features!! HUGE 12x40 covered patio- perfect for entertaining and watching magnificent sunsets over the Kankakee River. Over-sized detached garage w/ steel I beam and separate breaker panel- perfect for all of your summer and winter toys! A location for the nature lover- being just minutes away from the Des Plaines State Fish and Wildlife Area, multiple marinas, boating with a nearby public boat launch, restaurants, fishing, hiking trails, hunting, minutes away from I-55 and about an hour away from downtown Chicago. New well pump & septic system installed in 2012. New AC unit 2019. NO FLOOD INSURANCE required!! Don't let this home be the one that got away!

Last Agent to Sell the Property

Dan Condon

Century 21 Kroll Realty License #475178004 Listed on: 11/25/2019

Century 21 Kroll Realty

Co-Listed By

Kayleigh Condon

Century 21 Kroll Realty License #471021898

Last Buyer's Agent

Frank Montro

Keller Williams Preferred Rlty License #475128449

Keller Williams Preferred Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,166

Year Renovated

  • 2019

Lot Details

  • Southern Exposure
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $24 per month

Parking

  • Detached Garage
  • Gravel Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Wood Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Dishwasher

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Water Softener
  • Private or Community Septic Tank

Additional Features

  • Water Views
  • Laminate Flooring
  • Laundry on main level
  • Patio

Listing and Financial Details

  • $6 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,166

Year Renovated

2019

Lot Details

0

HOA Fees

$24 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: U
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Laundry
  • Number Of Rooms: 5
  • Living Room: Dimensions: 16X25, On Level: Main Level, Flooring: Carpet, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Water Softener
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 13X19, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 20X21, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 15X16, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 12X15, On Level: Main Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 2014

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Wood Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: S (South)
  • Acreage: 0.49

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Gravel
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Quarterly
  • Assessment Includes: Snow Removal
  • Assessment Association Fees: 72
  • Management Contact Name: staff
  • Management Phone: 815-476-2223

Fee Information

  • Management Company: Phelan Acres Condominium Association

Schools

  • School District: 209U
  • Junior High Dist: 209U
  • Other Public School: 525

Lot Info

  • Lot Dimensions: 21428
  • Lot Description: Water View, Wooded, Mature Trees
  • Parcel Identification Number: 0317063020011022

Tax Info

  • Taxes: 1998.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Dec 23, 2019
Sold by
First Midwest Bank
Bought by
Zobel Thomas J
Seller's Agent
Dan Condon
Century 21 Kroll Realty
Buyer's Agent
Frank Montro
Keller Williams Preferred Rlty
List Price
$169,500
Sold Price
$171,500
Premium/Discount to List
$2,000
1.18%
Current Estimated Value
$274,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,261
Avg. Annual Appreciation
8.48%
Original Mortgage
$165,497
Outstanding Balance
$147,360
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$127,401

Purchase Details

Closed on
Oct 30, 2013
Sold by
First Midwest Bank
Bought by
First Midwest Bank Trust 5800

Purchase Details

Closed on
Feb 24, 2010
Sold by
Midwest Capital Investments Llc
Bought by
First Midwest Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
0.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2009
Sold by
Bowman Jay B and Scheer Deborah
Bought by
Midwest Capital Investments Llc

Purchase Details

Closed on
Sep 9, 2009
Sold by
Bowman Jay B and Scheer Deborah
Bought by
Midwest Capital Investments Llc

Purchase Details

Closed on
Sep 5, 2008
Sold by
Scheer William
Bought by
Bowman Jay B

Purchase Details

Closed on
Aug 2, 2007
Sold by
Scheer Deborah A and Bowman Deborah A
Bought by
Scheer Deborah A and Scheer William

Purchase Details

Closed on
Aug 30, 2005
Sold by
Bowman Jay B and Bowman Deborah A
Bought by
Bowman Deborah A

Purchase Details

Closed on
Aug 20, 2003
Sold by
Bowman Jay and Bowman Deborah A
Bought by
Bowman Jay and Bowman Deborah A

Purchase Details

Closed on
Oct 27, 1994
Sold by
Grimes Terry L and Grimes Helen
Bought by
Bowman Jay and Scheer Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.37%
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
Zobel Thomas J $171,500 None Available
First Midwest Bank Trust 5800 -- None Available
First Midwest Bank -- Ticor Title
Midwest Capital Investments Llc -- None Available
Midwest Capital Investments Llc $60,756 None Available
Bowman Jay B -- None Available
Scheer Deborah A -- None Available
Bowman Deborah A -- None Available
Bowman Jay -- Multiple
Bowman Jay $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zobel Thomas J $165,497
Previous Owner First Midwest Bank $65,000
Previous Owner Bowman Jay $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2020 01/08/20 Sold $171,500 +1.2% $85 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
11/25/2019 11/25/19 For Sale $169,500 -- $84 / 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
2024 $4,166 $64,208 $9,227 $54,981
2023 $4,166 $60,832 $8,742 $52,090
2022 $3,658 $55,086 $7,916 $47,170
2021 $3,493 $51,410 $7,388 $44,022
2020 $2,075 $30,059 $7,194 $22,865
2019 $2,033 $29,466 $7,052 $22,414
2018 $1,998 $28,795 $6,891 $21,904
2017 $1,877 $26,898 $6,437 $20,461
2016 $1,709 $24,711 $5,914 $18,797
2015 $1,746 $24,120 $5,773 $18,347
2014 $1,746 $24,363 $5,831 $18,532
2013 $1,746 $25,963 $6,214 $19,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10581503

Midwest Real Estate Data (MRED)

APN: 03-17-06-302-001-1022