$4,500
SOLD OCT 24, 2012

1094 Drexel Rd Davis, IL 61019

0.6 Acre
$7,500 Price per Acre
26,136 Sq Ft Lot

Recently Sold

24% Below List Price

18 Days on Market

About This Lot

As of November 2023

LAKE SUMMERSET BUILDING SITE. DEEP LOT BACKS UP TO ROCK GROVE RD.LAKE SUMMERSET OFFERS 24 HOUR SECURITY, GATED COMMUNITY AND A 285ACRE LAKE WITH BOATING, SWIMMING (2 BEACHES), FISHING, AS WELL ASPRIVATE CAMPGROUND FACILITIES, HEATED POOL, TENNIS COURTS, 2 MARINAS,LODGE AND PARKS. ANNUAL ASSOCIATION DUES ARE 620.00, CITY WATER, &SEWER, NATURAL GAS, UNDERGROUND ELECTRIC. CABLE IS AVAILABLE. 90MINUTES FROM O'HARE.

Last Agent to Sell the Property

Don Morgan

Morgan Realty Inc. License #471013558 Listed on: 09/23/2012

Last Buyer's Agent

Mark Savala

Morgan Realty Inc. License #475126259

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $55

Lot Details

  • 0.6 Acre Lot
  • Wooded Lot

Property Details

Property Type

Land

Est. Annual Taxes

$55

Lot Details

0

Listing Details

  • Class: LAND
  • Front: 75
  • General Features: County Taxes
  • Grid: 11
  • Legal Description: LOT 1094 SECT 5 GREENWOOD SUB LAKE SUMMER
  • Lot Acreage: 0.6
  • Rear: 81.3
  • Type: Land
  • Side L: 352
  • Side R: 320.82
  • Agent Only_ L A1 User Code: 8498
  • Pertinent Facts: LAKE SUMMERSET BUILDING SITE. DEEP LOT BACKS UP TO ROCK GROVE RD.LAKE SUMMERSET OFFERS 24 HOUR SECURITY, GATED COMMUNITY AND A 285ACRE LAKE WITH BOATING, SWIMMING (2 BEACHES), FISHING, AS WELL ASPRIVATE CAMPGROUND FACILITIES, HEATED POOL, TENNIS COURTS, 2 MARINAS,LODGE AND PARKS. ANNUAL ASSOCIATION DUES ARE 620.00, CITY WATER, &SEWER, NATURAL GAS, UNDERGROUND ELECTRIC. CABLE IS AVAILABLE. 90MINUTES FROM O'HARE.
  • L O1 Brokerage Number: 478025436
  • S O1 Brokerage Number: 478025436
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Land Features: Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Nov 29, 2023
Sold by
Grubb George D
Bought by
Everetts Steve and Boyd Heather
Seller's Agent
Jennifer Heatherly
Best Realty
Buyer's Agent
Brooke Wilke
Best Realty
List Price
$4,000
Sold Price
$3,230
Premium/Discount to List
-$770
-19.25%
Views
27
Current Estimated Value
$105,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,186
Avg. Annual Appreciation
781.15%

Purchase Details

Listed on
Aug 19, 2016
Closed on
Feb 24, 2017
Sold by
Michelle Nowicki
Bought by
Grubb George D and Grubb Lisa M
Seller's Agent
Tom Bicksler
Best Realty
Buyer's Agent
Tom Bicksler
Best Realty
List Price
$4,500
Sold Price
$2,500
Premium/Discount to List
-$2,000
-44.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%

Purchase Details

Listed on
Sep 23, 2012
Closed on
Oct 26, 2012
Seller's Agent
Don Morgan
Morgan Realty Inc.
Buyer's Agent
Mark Savala
Morgan Realty Inc.
List Price
$5,900
Sold Price
$4,500
Premium/Discount to List
-$1,400
-23.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.67%
Source: Public Records

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    One of Two Adjoining Lake Summerset Lots for Sale. Nicely wooded, flat and easy to build location close to the beach, lodge and front gate. Exceptionally quiet road. Great opportunity to build your dream home with almost no concerns for overall size, style or square footage.

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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 $3,230 --
Grant Deed $2,500 --
Warranty Deed $4,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2023 11/27/23 Sold $3,230 -19.3% --
10/13/2023 10/13/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $4,000 +60.0% --
02/23/2017 02/23/17 Sold $2,500 -44.4% --
01/24/2017 01/24/17 Pending -- -- --
08/19/2016 08/19/16 For Sale $4,500 0.0% --
10/24/2012 10/24/12 Sold $4,500 -23.7% --
10/11/2012 10/11/12 Pending -- -- --
09/23/2012 09/23/12 For Sale $5,900 -- --
Source: NorthWest Illinois Alliance of REALTORS®

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 $55 $662 $662 $0
2022 $58 $605 $605 $0
2021 $54 $581 $581 $0
2020 $53 $581 $581 $0
2019 $54 $600 $600 $0
2018 $55 $600 $600 $0
2017 $84 $924 $924 $0
2016 $84 $924 $924 $0
2015 $85 $917 $917 $0
2013 $85 $975 $975 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 72765

NorthWest Illinois Alliance of REALTORS®

APN: 15-10-01-201-015