NOT LISTED FOR SALE

702 Walnut Hill Cir Varna, IL 61375

Estimated Value: $261,000 - $341,000

3 Beds
2 Baths
1,500 Sq Ft
$212/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $274,000 $183 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,278/month

About This Home

As of December 2021

Lakefront chalet with so many updates, it feels like a new home! Nestled in the woods, the main floor features open living area with the warmth of knotty pine walls, knotty pine cathedral ceiling, natural lighting from lakeside wall of windows, stone wood burning fireplace, kitchen with all new cabinetry, counter, and appliances, bedroom and full bath. Open stairway to large loft bedroom overlooking living area. Lower level has spacious family room with refreshment bar with fridge adjacent to lakeside deck, additional bedroom, additional full bath, and laundry room. Path to lakefront with approx 90 feet of seawall and area for your own private beach. Includes additional lakefront Lot #701, and all furniture and appliances. Lake Wildwood is a private recreational lake community near Varna, IL with over 1400 acres of rolling hills, woods, and meadowland within 2 hours of Chicago Suburbs. Association dues of $825/yr/lot includes access to amenities; 218 acre stocked all sports lake, 14 acre stocked "fishing" lake, 2 beaches, pool, sports areas, clubhouse, pavilions, picnic areas, playgrounds, hiking area, member campground, activities, and 24/7 gated entry. Property is subject to Lake Wildwood rules, covenants, and by laws, including rights of first refusal. Entry pass required to view property.

Last Agent to Sell the Property

Tammie Durham

Tammie Durham Real Estate License #471016073 Listed on: 10/08/2021

Last Buyer's Agent

Tammie Durham

Tammie Durham Real Estate License #471016073 Listed on: 10/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,966

Year Built | Renovated

  • 2000 | 2020

Lot Details

  • 0.39

HOA Fees

  • $138 per month

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Finished Basement
  • Finished Basement Bathroom

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Space is Owned

Community Details

  • Ben Carr Association, Phone Number (309) 463-2047
  • Property managed by Lake Wildwood Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,966

Year Built | Renovated

2000 | 2020

Lot Details

0

HOA Fees

$138 per month

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1.5 Story
  • Property Sub Type: 1.5 Story
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Directions: I 80 West to I 39 South to Rt 18 West to Rt 89 South to 965N west 3 miles to entry gate. Under 2 hrs from Chicago suburbs. Lake Wildwood, Varna,IL Private gated recreational lake community.Entry pass required to view property.
  • Lot Size: 160 X 163 X 164 X 255
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Lake Wildwood
  • Special Features: None
  • Year Built: 2000
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Bar Fridge, Washer, Dryer
  • Has Basement: Walkout
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 1500
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1500
  • Fireplace Location: Living Room
  • Total Sq Ft: 1500
  • Upper Level Sq Ft: 200
  • Main Level Sq Ft: 650
  • Lower Level Sq Ft: 650
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, First Floor Full Bath, Open Floorplan
  • Other Equipment: Ceiling Fan(s)
  • Dining Room Type: Deck

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Street, Driveway
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 4

Utilities

  • Cooling: Zoned
  • Heating: Electric
  • Electric: Circuit Breakers
  • Sewer: Septic-Private
  • Water Source: Private

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Lake Wildwood Association
  • Management Contact Name: Ben Carr
  • Management Phone: 309-463-2047X1
  • Association Fee: 1650
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Park, Pool, Tennis Court(s), Lake, Dock, Water Rights, Gated, Street Paved

Fee Information

  • Association Fee Includes: Insurance, Security, Clubhouse, Pool, Lake Rights

Schools

  • Elementary School: Henry-Senachwine Elementary Scho
  • High School: Henry-Senachwine High School
  • Junior High Dist: 5
  • Middle Or Junior School: Henry-Senachwine Elementary Scho

Lot Info

  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Additional Parcels: Yes

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 5235.02
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Jul 26, 2019
Bought by
Moses Wayne E
Seller's Agent
Tammie Durham
Tammie Durham Real Estate
Buyer's Agent
Tammie Durham
Tammie Durham Real Estate
List Price
$145,000
Sold Price
$120,000
Premium/Discount to List
-$25,000
-17.24%
Current Estimated Value
$317,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,544
Avg. Annual Appreciation
17.15%
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
Moses Wayne E $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilder Michael L $181,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $274,000 0.0% $183 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $274,000 +128.3% $183 / Sq Ft
07/26/2019 07/26/19 Sold $120,000 -17.2% $130 / Sq Ft
06/30/2019 06/30/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $145,000 -- $158 / 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 $4,966 $69,883 $27,652 $42,231
2023 $4,966 $64,172 $25,392 $38,780
2022 $3,992 $58,079 $22,981 $35,098
2021 $3,827 $53,826 $21,298 $32,528
2020 $3,751 $51,956 $20,558 $31,398
2019 $3,743 $51,314 $20,304 $31,010
2018 $4,276 $58,354 $20,304 $38,050
2017 $4,568 $59,545 $20,718 $38,827
2016 $4,568 $60,841 $21,169 $39,672
2014 -- $60,557 $21,070 $39,487
2013 -- $59,492 $20,699 $38,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11241267

Midwest Real Estate Data (MRED)

APN: 05-12-403-006