Seller's Agent in 2016
Gerald Shepich
RE/MAX
(815) 744-1000
58 Total Sales
8685 E Teal Ln Wilmington, IL 60481
Estimated Value: $343,000 - $426,000
3
Beds
1.5
Baths
1,350
Sq Ft
$283/Sq Ft
Est. Value
Highlights
- Water Views
- Property fronts a channel
- Formal Dining Room
- Coal City Intermediate School Rated A-
- Ranch Style House
- 2 Car Detached Garage
About This Home
As of October 2016Looking for the ideal home near the Kankakee River? We've found it for you! Very nice, well kept, spacious 3bdr. Ranch. 2.5 detached garage. Located on Teal Ln. channel. Boat dock, slip, and winch. Large 14x16 deck. Large MB w/bath. All appliances stay. 200amp.service in home, 100amp. in garage. Home is wired in conduit. Land is owned and included in price.
Last Agent to Sell the Property
RE/MAX Ultimate Professionals License #475105296 Listed on: 11/02/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,636
Lot Details
- Lot Dimensions are 80'x197'
- Property fronts a channel
HOA Fees
- $24 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 1,350 Sq Ft Home
- Ceiling Fan
- Family Room
- Living Room
- Formal Dining Room
- Water Views
- Crawl Space
- Carbon Monoxide Detectors
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Tideland Water Rights
Schools
- Coal City Elementary School
- Coal City Middle School
- Coal City High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Well
- Private or Community Septic Tank
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 2, 2020
Sold by
Schneider John J and Schneider Michelle J
Bought by
Somerville Vi James and Somerville Kele M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Outstanding Balance
$189,403
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$192,435
Purchase Details
Listed on
Nov 2, 2015
Closed on
Oct 12, 2016
Sold by
Pauls William H
Bought by
Schneider John J and Schneider Michelle J
Seller's Agent
Gerald Shepich
RE/MAX Ultimate Professionals
Buyer's Agent
Mary Serle
Coldwell Banker Real Estate Group
List Price
$224,900
Sold Price
$195,000
Premium/Discount to List
-$29,900
-13.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$191,468
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 5, 2014
Sold by
Bruce W Bruce W
Bought by
Pauls William H
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Somerville Vi James | $265,000 | Fidelity National Title | |
| Schneider John J | $195,000 | Fidelity National Title Insu | |
| Pauls William H | $66,000 | Chicago Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Somerville Vi James | $212,000 | |
| Previous Owner | Schneider John J | $191,468 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/12/2016 10/12/16 | Sold | $195,000 | -7.1% | $144 / Sq Ft |
| 08/17/2016 08/17/16 | Pending | -- | -- | -- |
| 07/14/2016 07/14/16 | Price Changed | $209,900 | -6.7% | $155 / Sq Ft |
| 11/02/2015 11/02/15 | For Sale | $224,900 | -- | $167 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,934 | $96,779 | $34,746 | $62,033 |
| 2023 | $5,281 | $103,593 | $32,382 | $71,211 |
| 2022 | $3,929 | $83,063 | $29,760 | $53,303 |
| 2021 | $3,590 | $76,911 | $27,556 | $49,355 |
| 2020 | $3,457 | $73,960 | $26,499 | $47,461 |
| 2019 | $3,227 | $69,972 | $25,070 | $44,902 |
| 2018 | $3,034 | $65,873 | $23,601 | $42,272 |
| 2017 | $2,948 | $63,793 | $22,856 | $40,937 |
| 2016 | $2,690 | $59,331 | $19,110 | $40,221 |
| 2015 | $2,578 | $58,953 | $18,988 | $39,965 |
| 2014 | $2,519 | $58,335 | $18,789 | $39,546 |
Source: Public Records
Agents Affiliated with this Home
-
Gerald Shepich
-
Mary Serle
Buyer's Agent in 2016
Mary Serle
Coldwell Banker Real Estate Group
(630) 857-0046
85 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09077633
APN: 06-01-229-061
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