NOT LISTED FOR SALE

1226 Lake Summerset Rd Lake Summerset, IL 61019

Lake Summerset Neighborhood

Estimated Value: $71,000 - $269,000

0.34 Acre
$410,785 Price per Acre
14,810 Sq Ft Lot

Last Sold February 08, 2024

Last sale price $2,200

Est. 6,248% increase in value since last sale

Current estimated payment $826/month

193 Days on Market

Highlights

  • Gated Community
  • Durand Elementary School Rated A-
  • Level Lot

About This Lot

As of February 2024

BUILDABLE LOT IN BEAUTIFUL LAKE SUMMERSET! Buy for access to Lake Summerset amenities or to build! Level lot near Beach 1. Amenities include a spring fed, 285 acre fully stocked lake which is 2 miles long, 1/2 mile wide and 40 ft. deep, 24 hour security, two marinas, two beaches, swimming pool with splash pad, tennis courts, pickle ball, bocce ball, campgrounds, etc. All utilities are to the lot! Call for a tour.

Last Agent to Sell the Property

Christine Wilke

Best Realty License #475.191424 Listed on: 07/10/2023

Last Buyer's Agent

Heather Manis

DICKERSON & NIEMAN License #475171420

DICKERSON & NIEMAN

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $114

Lot Details

  • 0.34 Acre Lot
  • Level Lot

HOA Fees

  • $78 Monthly HOA Fees

Schools

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

Community Details

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$114

Lot Details

0

HOA Fees

$78 per month

Listing Details

  • Class: LAND
  • Front: 61.98
  • General Features: County Taxes, Exposure Possible
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: per title
  • Lot Acreage: 0.34
  • Lvt Date: 07/10/2023
  • Rear: 60.59
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 211.01
  • Side R: 211.01
  • Agent Only_ L A1 User Code: 110640
  • Elementary School: Durand Elementary
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: BUILDABLE LOT IN BEAUTIFUL LAKE SUMMERSET! Buy for access to Lake Summerset amenities or to build! Level lot near Beach 1. Amenities include a spring fed, 285 acre fully stocked lake which is 2 miles long, 1/2 mile wide and 40 ft. deep, 24 hour security, two marinas, two beaches, swimming pool with splash pad, tennis courts, pickle ball, bocce ball, campgrounds, etc. All utilities are to the lot! Call for a tour.
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 481010044
  • S O1 Brokerage Number: 478001315
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: City/Community
  • Water: City/Community

Condo/Co-op/Association

  • HOA Fees: 932

Schools

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

Lot Info

  • Topography: Level
  • Land Features: Gated Community

Tax Info

  • Year: 2022
  • Taxes: 49

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
Jul 10, 2023
Closed on
Feb 8, 2024
Sold by
Meeks Robert D and Meeks Marcene M
Bought by
Jeffrey S Folkerts Revocable Living Trust and Stone
Seller's Agent
Christine Wilke
Best Realty
Buyer's Agent
Heather Manis
DICKERSON & NIEMAN
List Price
$2,900
Sold Price
$2,200
Premium/Discount to List
-$700
-24.14%
Views
98
Current Estimated Value
$139,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,467
Avg. Annual Appreciation
1347.57%

Purchase Details

Closed on
Jun 28, 1991
Bought by
Meeks Robert D and Meeks Marcene M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Jeffrey S Folkerts Revocable Living Trust $2,500 Security First Title
Meeks Robert D $800 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2024 02/08/24 Sold $2,200 -15.4% --
01/19/2024 01/19/24 Pending -- -- --
10/03/2023 10/03/23 Price Changed $2,600 -10.3% --
08/30/2023 08/30/23 For Sale $2,900 0.0% --
08/01/2023 08/01/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $2,900 -- --
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
2024 $114 $1,526 $1,526 --
2023 $104 $1,308 $1,308 $0
2022 $49 $604 $604 $0
2021 $51 $556 $556 $0
2020 $51 $535 $535 $0
2019 $50 $521 $521 $0
2018 $123 $1,189 $1,189 $0
2017 $122 $1,166 $1,166 $0
2016 $158 $1,418 $1,418 $0
2015 $79 $1,418 $1,418 $0
2014 $156 $1,418 $1,418 $0
Source: Public Records

Agents Affiliated with this Home

  • Christine Wilke

    Seller's Agent in 2024

    Christine Wilke

    Best Realty

    (815) 262-0760

    45 in this area

    263 Total Sales

    Christine Wilke
    Section Image
  • Heather Manis

    Buyer's Agent in 2024

    Heather Manis

    DICKERSON & NIEMAN

    (815) 871-1269

    6 in this area

    129 Total Sales

    Heather Manis
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202303815

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-203-038

Illinois Winnebago County 61019 Lake Summerset

1226 Lake Summerset Rd, IL

This home is located at 1226 Lake Summerset Rd, Lake Summerset, IL 61019 since 10 July 2023 and is currently estimated at $139,667. 1226 Lake Summerset Rd is a home located in Winnebago County with nearby schools including Durand Elementary School, Durand Junior High School, and Durand High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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