$105,000
SOLD MAR 23, 2022

73 Fossil Cove Ln Wilmington, IL 60481

1 Bed
1 Bath
532 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$197 Per Sq Ft

4% Below List Price

85 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Property is near a park
  • Property fronts a channel
  • Clubhouse
  • Sun or Florida Room

About This Home

As of November 2023

Waterfront 1 bedroom park model w/a 11x12 sun room attached. Deck, dock & shed already built. Great location, perfect vacation home, Fish , Swim, Boat ( Electric motors only) from your own private dock, Gated community. Assoc fee is $800 for summer, . Please verify with Shadow lakes.

Last Agent to Sell the Property

Candace Shell

Pro Real Estate License #475122174 Listed on: 10/24/2021

Co-Listed By

Mark Shell

Pro Real Estate License #471000250

Last Buyer's Agent

Jonnie Vanderhyden

Village Realty, Inc. License #475192792

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,273

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 52x96x50x95
  • Property fronts a channel
  • Paved or Partially Paved Lot

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 532 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Sun or Florida Room
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Central Air
  • Heating System Uses Propane

Additional Features

  • Tideland Water Rights
  • Property is near a park

Community Details

Overview

  • Association fees include water, security, clubhouse, pool, lake rights
  • Shadow Lakes Subdivision
  • Community Lake

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,273

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Shadow Lakes
  • Age: Unknown
  • Built Before 1978 (Y/N): No
  • 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

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 532
  • Room Type: Sun Room
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • List Price: 109900
  • Lot Features: Channel Front
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Propane
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 800
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Park, Pool, Lake, Water Rights, Gated, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: 0
  • Management Contact Name: 0
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Annually

Fee Information

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

Schools

  • Middle/Junior School District: 255U

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1
  • Lot Dimensions: 52X96X50X95
  • 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: 1273
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Nov 16, 2023
Sold by
Newberry Tracey and Newberry Alex
Bought by
Fortin Robert and Medici Kimberly
Seller's Agent
Diane Brannock
Hexagon Real Estate
Buyer's Agent
Kimberly Medici
Platinum Partners Realtors
List Price
$120,000
Sold Price
$89,500
Premium/Discount to List
-$30,500
-25.42%
Views
98
Current Estimated Value
$113,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,868
Avg. Annual Appreciation
15.21%

Purchase Details

Listed on
Oct 24, 2021
Closed on
Feb 11, 2022
Sold by
Michael Reynolds
Bought by
Newberry Eric S
Seller's Agent
Candace Shell
Pro Real Estate
Buyer's Agent
Jonnie Vanderhyden
Village Realty, Inc.
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.23%
Original Mortgage
$73,500
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 22, 2014
Closed on
Aug 26, 2014
Sold by
Baker Ruth B and Ruth B Banker Trust
Bought by
Reynolds Michael and Dewood James T
Seller's Agent
Keith Eastman
Keith Eastman Realty, LLC
Buyer's Agent
Candace Shell
Pro Real Estate
List Price
$59,900
Sold Price
$45,000
Premium/Discount to List
-$14,900
-24.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%

Purchase Details

Closed on
Apr 22, 2014
Sold by
Baker Ruth B
Bought by
Baker Ruth B and Ruth B Baker Trust

Purchase Details

Closed on
Aug 4, 2000
Sold by
Davis Harry W and Davis Sharon S
Bought by
Baker Louis and Baker Ruth

Purchase Details

Closed on
Sep 8, 1998
Sold by
Scoleri Raymond T and Scoleri Mary Ellen
Bought by
Davis Harry W and Davis Sharon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.02%

Purchase Details

Closed on
May 15, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Scoleri Raymond T and Scoleri Mary Ellen
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $89,500 Fidelity National Title Insura
Warranty Deed $105,000 Fidelity National Title
Warranty Deed $45,000 First American Title
Interfamily Deed Transfer -- None Available
Warranty Deed $80,000 --
Warranty Deed $67,000 --
Joint Tenancy Deed $23,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $73,500 Credit Line Revolving
Previous Owner $140,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $89,500 -9.6% $168 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
10/11/2023 10/11/23 Price Changed $99,000 -13.2% $186 / Sq Ft
09/28/2023 09/28/23 Price Changed $114,000 -5.0% $214 / Sq Ft
09/08/2023 09/08/23 For Sale $120,000 +14.3% $226 / Sq Ft
03/23/2022 03/23/22 Sold $105,000 -4.5% $197 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
10/24/2021 10/24/21 For Sale $109,900 +144.2% $207 / Sq Ft
08/26/2014 08/26/14 Sold $45,000 -24.9% $85 / Sq Ft
08/02/2014 08/02/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $59,900 -- $113 / 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
2023 $1,120 $21,900 $15,398 $6,502
2022 $1,386 $19,873 $13,973 $5,900
2021 $1,347 $18,968 $13,337 $5,631
2020 $1,273 $17,971 $12,636 $5,335
2019 $1,207 $16,970 $11,932 $5,038
2018 $1,165 $16,239 $11,418 $4,821
2017 $1,145 $15,920 $11,194 $4,726
2016 $1,119 $15,397 $10,826 $4,571
2015 $939 $15,000 $10,547 $4,453
2014 $939 $12,992 $10,547 $2,445
2013 $939 $13,895 $11,280 $2,615
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11254469

Midwest Real Estate Data (MRED)

APN: 24-04-104-073