NOT LISTED FOR SALE

8785 E Teal Ln Wilmington, IL 60481

Estimated Value: $165,330 - $207,000

1 Bed
1 Bath
320 Sq Ft
$579/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $129,000 $403 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,225/month

1 Day on Market

Highlights

  • Screened Porch
  • Cottage
  • Central Air
  • Coal City Intermediate School Rated A-

About This Home

As of June 2020

Wake up every morning to the great outdoors! Open concept cottage located on waterfront property. The Kankakee and Illinois River are easily accessible in minutes from your channel. Water activities include boating, fishing, swimming and more. This property has a steel seawall, well/septic and 15x15 enclosed porch with electricity. This cottage does not have a bedroom. Annual HOA $500.00. Located in the Coal City School District.

Last Agent to Sell the Property

Shannon Wahl

Hexagon Real Estate License #471022253 Listed on: 05/14/2020

Last Buyer's Agent

Shannon Wahl

Hexagon Real Estate License #471022253 Listed on: 05/14/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,462

Year Built

  • 1967

Lot Details

  • 0.32

HOA Fees

  • $42 per month

Home Design

  • Cottage
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Screened Porch

Parking

  • Parking Available
  • Parking Space is Owned

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,462

Year Built

1967

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 1
  • Style Of House: Cottage
  • Type Detached: 1 Story
  • Estimated Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1967

Interior Features

  • Number Of Rooms: 3
  • Living Room: Dimensions: 16X16, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Basement: Slab
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Windows: All
  • Kitchen Type: Dimensions: 8X8, On Level: Main Level, Flooring: Vinyl, Windows: All
  • Additional Rooms: Screened Porch
  • Master Bedroom: Dimensions: 1X1, On Level: Main Level
  • Additional Room 1 Name: Screened Porch, Dimensions: 15X15, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 320

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding
  • Waterfront: Yes
  • Acreage: 0.32

Garage/Parking

  • Number of Cars: 4
  • Parking: Space/s
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessed Sq Ft: 320
  • Assessment Association Fees: 500
  • Management Contact Name: Anthony Meier
  • Management Phone: 708-798-1111

Fee Information

  • Management Company: Keller Williams Preferred

Schools

  • School District: 1
  • Junior High Dist: 1

Lot Info

  • Lot Dimensions: 80X150
  • Parcel Identification Number: 0601229044

Tax Info

  • Taxes: 1661.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Jun 15, 2020
Sold by
Kuhar Ludwig J
Bought by
Polcyn Patrick R
Seller's Agent
Shannon Wahl
Hexagon Real Estate
Buyer's Agent
Shannon Wahl
Hexagon Real Estate
List Price
$129,000
Sold Price
$129,000
Current Estimated Value
$185,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,333
Avg. Annual Appreciation
5.95%
Original Mortgage
$103,200
Outstanding Balance
$91,715
Interest Rate
3.1%
Mortgage Type
Construction
Estimated Equity
$83,244

Purchase Details

Closed on
Jul 31, 2014
Sold by
Geraldine Geraldine
Bought by
Kuhar Ludwig J

Purchase Details

Closed on
Aug 3, 2012
Sold by
Bruce W Bruce W
Bought by
Kuhar Ludwig J and Kuhar Geraldine
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Polcyn Patrick R $129,000 First American Title
Kuhar Ludwig J -- --
Kuhar Ludwig J $59,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polcyn Patrick R $103,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $129,000 0.0% $403 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $129,000 -- $403 / 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 $2,462 $48,288 $34,746 $13,542
2023 $2,294 $45,003 $32,382 $12,621
2022 $2,109 $41,359 $29,760 $11,599
2021 $1,939 $38,296 $27,556 $10,740
2020 $1,873 $36,827 $26,499 $10,328
2019 $1,757 $34,841 $25,070 $9,771
2018 $1,662 $32,800 $23,601 $9,199
2017 $1,620 $31,765 $22,856 $8,909
2016 $1,490 $29,543 $19,110 $10,433
2015 $1,430 $29,355 $18,988 $10,367
2014 $1,398 $29,047 $18,789 $10,258
2013 -- $30,100 $19,470 $10,630
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10715414

Midwest Real Estate Data (MRED)

APN: 06-01-229-044