NOT LISTED FOR SALE

700 S Water St Wilmington, IL 60481

Estimated Value: $198,000 - $212,551

2 Beds
1 Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold February 16, 2024

Last sale price $187,000

Est. 11% increase in value since last sale

Current estimated payment $1,474/month

Highlights

  • Ranch Style House
  • Wood Flooring
  • 1 Car Attached Garage
  • L.J. Stevens Intermediate School Rated A-
  • Corner Lot
  • 3-minute walk to South Island Park

About This Home

As of February 2024

Are you looking for your first home, to down size, or for an investment property? This immaculately kept 2 bedroom, 1 bath home on large corner lot giving you front row seats for town parades is just the home for you! The combined living room and formal dining room are currently being used as a living room with office. Home has spacious bedrooms with very large closets and main floor laundry. Enjoy the outdoors on the covered patio while entertaining family and friends. There is a basement and storage shed for your storage needs. Carpet, paint, wood blinds, refinished hardwood floors, hot water heater, electrical breaker box, furnace, garage door opener, along with roof and gutters all within the last 8 years. Nothing to do but move in!

Last Agent to Sell the Property

Marnie Jones

Pro Real Estate License #475167178 Listed on: 01/16/2024

Last Buyer's Agent

Aaron Tidmore

RE/MAX Ultimate Professionals License #475145343

RE/MAX Ultimate Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,681

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 83x94x83x93
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Stone Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Wood Flooring
  • Laundry on main level
  • Partial Basement
  • Patio

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,681

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • 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

  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 180000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Steam, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 209U

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 83X94X83X93
  • 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: 3681.38
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Feb 2, 2024
Sold by
Mencin Michael F and Mencin Dawn
Bought by
Ptacek Alecia
Seller's Agent
Marnie Jones
Pro Real Estate
Buyer's Agent
Aaron Tidmore
RE/MAX Ultimate Professionals
List Price
$180,000
Sold Price
$187,000
Premium/Discount to List
$7,000
3.89%
Total Days on Market
0
Views
63
Current Estimated Value
$207,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,388
Avg. Annual Appreciation
2.20%

Purchase Details

Listed on
Sep 17, 2018
Closed on
Oct 23, 2018
Sold by
Forsthe Elizabeth and Forsthe Bobby
Bought by
Mencin Michael F and Mencin Dawn
Seller's Agent
Judith Sundine
Pro Real Estate
Buyer's Agent
Marnie Jones
Pro Real Estate
List Price
$145,900
Sold Price
$140,000
Premium/Discount to List
-$5,900
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%

Purchase Details

Listed on
Sep 17, 2018
Closed on
Oct 17, 2018
Sold by
Forsythe Norris and Hartman Helen
Bought by
Mencin Michael F and Mencin Dawn
Seller's Agent
Judith Sundine
Pro Real Estate
Buyer's Agent
Marnie Jones
Pro Real Estate
List Price
$145,900
Sold Price
$140,000
Premium/Discount to List
-$5,900
-4.04%

Purchase Details

Listed on
Sep 17, 2018
Closed on
Oct 16, 2018
Sold by
Forsythe Laura M
Bought by
Mencin Michael F and Mencin Dawn
Seller's Agent
Judith Sundine
Pro Real Estate
Buyer's Agent
Marnie Jones
Pro Real Estate
List Price
$145,900
Sold Price
$140,000
Premium/Discount to List
-$5,900
-4.04%

Purchase Details

Closed on
Aug 8, 2018
Sold by
Haga Betty and Hazelwood Virginia
Bought by
Mencin Michael F and Mencin Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2003
Sold by
Forsythe Laura M
Bought by
Dawson Dorothy and Forsythe Norris
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
Ptacek Alecia $187,000 Fidelity National Title Insura
Mencin Michael F -- Fidelity National Title Ins
Mencin Michael F $140,000 Fidelity National Title Ins
Mencin Michael F -- Fidelity National Title Ins
Mencin Michael F -- Fidelity National Title Ins
Dawson Dorothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mencin Michael E $116,500
Previous Owner Mencin Michael F $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $187,000 +3.9% --
01/17/2024 01/17/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $180,000 +28.6% --
10/29/2018 10/29/18 Sold $140,000 -4.0% --
10/10/2018 10/10/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $145,900 -- --
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 $4,129 $59,249 $12,794 $46,455
2022 $4,028 $53,653 $11,586 $42,067
2021 $3,474 $50,073 $10,813 $39,260
2020 $3,415 $48,757 $10,529 $38,228
2019 $3,369 $47,797 $10,322 $37,475
2018 $1,168 $46,709 $10,087 $36,622
2017 $1,179 $43,633 $9,423 $34,210
2016 $1,174 $40,086 $8,657 $31,429
2015 $1,150 $39,127 $8,450 $30,677
2014 $1,150 $39,522 $8,535 $30,987
2013 $1,150 $42,116 $9,095 $33,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11962023

Midwest Real Estate Data (MRED)

APN: 03-17-36-124-006