NOT LISTED FOR SALE

702 S Water St Wilmington, IL 60481

Estimated Value: $199,000 - $246,000

2 Beds
2 Baths
-- Sq Ft
0.33 Acres

Last Sold February 10, 2021

Last sale price $148,000

Est. 45% increase in value since last sale

Current estimated payment $1,481/month

39 Days on Market

Highlights

  • Property is near a park
  • Ranch Style House
  • Patio
  • L.J. Stevens Intermediate School Rated A-
  • Fenced Yard
  • 3-minute walk to South Island Park

About This Home

As of February 2021

Beautiful Home! Exceptional views of Veteran Memorial Park! House features 3 Bedrooms and 2 Baths with basement. Ally access to huge fenced in back yard. Quality throughout with Wood Cabinets & Trim. Newer Felco Windows, roof was done in 2017, Gas Forced Heat and Central Air, new water Heater (2020). Newly remodeled lower level bathroom with walk in shower. Don't wait to see this gem.

Last Agent to Sell the Property

Jerrick Longest

@properties Christie's International Real Estate License #475154125 Listed on: 11/16/2020

@properties Christie's International Real Estate

Co-Listed By

Ivana Longest

@properties Christie's International Real Estate License #475154124

Last Buyer's Agent

Daniel O'Leary

Keller Williams Infinity License #475182678

Keller Williams Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,035

Lot Details

  • Lot Dimensions are 79x162
  • Fenced Yard

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Living Room
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Partially Finished Basement

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

Parking

  • 6 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Schools

  • Wilmington Middle School
  • Wilmington High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near a park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,035

Lot Details

0

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: 51-60 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
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 159500
  • Lot Features: Fenced Yard, Park Adjacent, Sidewalks
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking Features: Off Alley, Driveway
  • ParkingTotal: 6
  • Number of Cars: 6
  • Driveway: Concrete,Gravel
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Wilmington High School
  • Middle/Junior School: Wilmington Middle School
  • Middle/Junior School District: 209U

Lot Info

  • Lot Dimensions: 79X162
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3035
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Feb 2, 2021
Sold by
Folk Stephen M and Folk Michelle M
Bought by
Probus Glendon
Seller's Agent
Jerrick Longest
@properties Christie's International Real Estate
Buyer's Agent
Daniel O'Leary
Keller Williams Infinity
List Price
$164,900
Sold Price
$148,000
Premium/Discount to List
-$16,900
-10.25%
Current Estimated Value
$214,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,704
Avg. Annual Appreciation
6.72%
Original Mortgage
$140,600
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2000
Sold by
Kressel David J and Kressel Linda Ann
Bought by
Folk Stephen M and Folk Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
7.99%

Purchase Details

Closed on
Jul 12, 2000
Sold by
Lewis Mary Therese and Lewis Frank C
Bought by
Kressel David J and Kressel Linda Ann

Purchase Details

Closed on
Jun 20, 1998
Sold by
Lewis Mary Catherine and Kressel Linda Ann
Bought by
Lewis Mary Catherine and Lewis Mary Therese
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
Probus Glendon $148,000 Fidelity National Title Ins
Folk Stephen M $85,000 --
Kressel David J -- --
Lewis Mary Catherine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Probus Glendon $140,600
Previous Owner Folk Stephen M $125,800
Previous Owner Folk Stephen M $107,500
Previous Owner Folk Stephen M $88,900
Previous Owner Folk Stephen M $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $148,000 -7.2% --
12/25/2020 12/25/20 Pending -- -- --
12/09/2020 12/09/20 Price Changed $159,500 -3.3% --
11/16/2020 11/16/20 For Sale $164,900 -- --
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 $3,730 $46,675 $16,089 $30,586
2022 $3,265 $42,266 $14,569 $27,697
2021 $3,110 $39,446 $13,597 $25,849
2020 $3,068 $38,409 $13,240 $25,169
2019 $3,035 $37,652 $12,979 $24,673
2018 $2,983 $36,794 $12,683 $24,111
2017 $2,813 $34,371 $11,848 $22,523
2016 $2,572 $31,577 $10,885 $20,692
2015 $2,648 $30,822 $10,625 $20,197
2014 $2,648 $31,133 $10,732 $20,401
2013 $2,648 $33,176 $11,436 $21,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10921624

Midwest Real Estate Data (MRED)

APN: 03-17-36-124-003