NOT LISTED FOR SALE

1216 Lake Summerset Rd Davis, IL 61019

Lake Summerset Neighborhood

Estimated Value: $231,000 - $298,000

4 Beds
3 Baths
1,220 Sq Ft
$215/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $128,500 $105 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,639/month

546 Days on Market

Highlights

  • Gated Community
  • Deck
  • Great Room
  • Durand Elementary School Rated A-
  • Ranch Style House
  • Patio

About This Home

As of October 2015

Lake Summerset Ranch! 4-Bedrooms & 3-Full Baths! Finished Walk-out Lower Level, Open Great room layout W/ Soaring Vaulted Ceilings. Corion Countertops W/ molded sink, Laminate Flooring, Upgraded lights & Faucets, Includes all Appliances, This Home is Immaculate/Move In Ready!!! "Country Views for Miles" The Lower level Rec Room features a 2nd Kitchen, & 9' patio doors walk out to large flat Rear Yard! Includes all Lake Summerset Amenities- 285 Acre Lake, Pool, 2- Sand beaches, Lodge, 2- Marinas, tennis, Bocce Ball, Basketball, & More. Fish-Boat-Swim-Water Ski- FUN!!! This is Priced for a Quick Sale!!!

Last Agent to Sell the Property

Mark Savala

Morgan Realty, Inc. License #475126259 Listed on: 03/25/2014

Last Buyer's Agent

Mark Savala

Morgan Realty, Inc. License #475126259 Listed on: 03/25/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,883

Year Built

  • Built in 1999

Lot Details

  • 0.4 Acre Lot

HOA Fees

  • $54 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof
  • Siding

Interior Spaces

  • Great Room

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Schools

  • Durand Elementary School
  • Durand Jr High Middle School
  • Durand High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Association fees include pool access, water access, clubhouse

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,883

Year Built

Built in 1999

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Type: Gated Community
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Sump Pump, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1220
  • Estimated Below Grade Finished Sq Ft: 900
  • Exemptions: Owner
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 79.07
  • General Features: County Taxes, Deck, Full Exposure, Great Room, L.L. Finished Space, Main Floor Master, Patio
  • Hoa Fee Frequency: Yearly
  • Legal Description: corrected final plat 2 of lake Summerset-Saybrook sec 7
  • Lot Acreage: 0.4
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Rear: 96.31
  • Side 1: 191.94
  • Side 2: 200.86
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 5936
  • Elementary School: Durand Elementary
  • Garage Type Driveway: Attached
  • Pertinent Facts: Lake Summerset Ranch! 4-Bedrooms & 3-Full Baths! Finished Walk-out Lower Level, Open Great room layout W/ Soaring Vaulted Ceilings. Corion Countertops W/ molded sink, Laminate Flooring, Upgraded lights & Faucets, Includes all Appliances, This Home is Immaculate/Move In Ready!!! "Country Views for Miles" The Lower level Rec Room features a 2nd Kitchen, & 9' patio doors walk out to large flat Rear Yard! Includes all Lake Summerset Amenities- 285 Acre Lake, Pool, 2- Sand beaches, Lodge, 2- Marinas, tennis, Bocce Ball, Basketball, & More. Fish-Boat-Swim-Water Ski- FUN!!! This is Priced for a Quick Sale!!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Main
  • Bedroom 3: Dimensions: 12x9, On Level: Main
  • Bedroom 4: Dimensions: 14x12, On Level: Walk Out
  • Dining Room: Yes, On Level: Main, Dimensions: 9x9
  • Full Bathrooms: 3
  • Kitchen: Dimensions: 10x9, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 16x15
  • Recreation Room: Yes, On Level: Walk Out, Dimensions: 22.7x15.5
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Fees: 645

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2012
  • Taxes: 4883

MLS Schools

  • HighSchool: Durand High
  • School District: Durand 322
  • Middle School: Durand Jr High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2014
Closed on
Oct 23, 2015
Sold by
Davide Thomas Trust
Bought by
Demma Dennis J and Demma Cynthia A
Seller's Agent
Mark Savala
Morgan Realty, Inc.
Buyer's Agent
Mark Savala
Morgan Realty, Inc.
List Price
$149,900
Sold Price
$128,500
Premium/Discount to List
-$21,400
-14.28%
Current Estimated Value
$262,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,971
Avg. Annual Appreciation
7.30%
Original Mortgage
$20,000
Outstanding Balance
$8,122
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$254,349
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Demma Dennis J $128,500 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demma Dennis J $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2015 10/23/15 Sold $128,500 -14.3% $105 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
03/25/2014 03/25/14 For Sale $149,900 -- $123 / Sq Ft
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
2024 $2,449 $69,624 $2,281 $67,343
2023 $2,603 $59,661 $1,955 $57,706
2022 $2,665 $52,702 $1,744 $50,958
2021 $3,004 $48,529 $1,606 $46,923
2020 $3,399 $46,694 $1,545 $45,149
2019 $3,328 $45,511 $1,506 $44,005
2018 $4,169 $43,689 $1,446 $42,243
2017 $3,856 $42,833 $1,418 $41,415
2016 $4,102 $42,833 $1,418 $41,415
2015 $4,961 $50,513 $1,418 $49,095
2014 $4,882 $50,513 $1,418 $49,095
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mark Savala

    Morgan Realty, Inc.

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201401508

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-203-048

Illinois Winnebago County Davis 61019 Lake Summerset

1216 Lake Summerset Rd, Davis, IL

Not Listed for Sale

Detached

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