NOT LISTED FOR SALE

1245 Summerland Key Machesney Park, IL 61103

Estimated Value: $408,000 - $549,464

4 Beds
3 Baths
1,978 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 13, 2017

Last sale price $330,000 $167 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,573/month

351 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • Great Room
  • Deck
  • 1 Fireplace
  • Brick or Stone Mason

About This Home

As of April 2017

Water/Canal front, fully exposed, quality, custom built home. Granite, stainless, 6 panel, 3 ft oak doors throughout. Floor to ceiling, stone front, gas fired, wood-burning fireplace in great room. Formal dining room! Fully finished lower level has two bedrooms full bath. Deck and patio. Yard irrigation system. North Park Water, Machesney Park taxes, county tax rate, Owen township. 3178 Sq Ft finished space, So much more, see attached amenities sheet.

Last Agent to Sell the Property

Kathleen Ricotta

Berkshire Hathaway HomeServices Crosby Starck RE License #475122121 Listed on: 03/07/2016

Berkshire Hathaway HomeServices Crosby Starck RE

Last Buyer's Agent

Kathleen Ricotta

Berkshire Hathaway HomeServices Crosby Starck RE License #475122121 Listed on: 03/07/2016

Berkshire Hathaway HomeServices Crosby Starck RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,378

Year Built

  • Built in 2010

Lot Details

  • 0.43 Acre Lot
  • Waterfront
  • Irrigation

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 1 Fireplace
  • Great Room
  • Laundry on main level

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Schools

  • Conklin Elementary School
  • West Middle School
  • Auburn High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,378

Year Built

Built in 2010

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Type: Water Front
  • Additional Room 5: Great Room, Dimensions: 18.5x17.5, On Level: Main
  • Additional Room 6: Exercise, Dimensions: 105.x11.5, On Level: Walk Out
  • Additional Room 7: Laundry, Dimensions: 10x10, On Level: Main
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Microwave, Refrigerator, Stove/Cooktop, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1978
  • Estimated Below Grade Finished Sq Ft: 1200
  • Exemptions: Owner
  • Front: 90
  • General Features: Basement Entrance, County Taxes, Deck, Full Exposure, Great Room, Laundry 1st Floor, L.L. Finished Space, Main Floor Master, Patio, Yard Irrigation
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: River Key No 3 PT SE 1/4 SEC 24-45-1 & PT SW 1/4 SEC 19-45-2 Lot 145
  • Lot Acreage: 0.43
  • Lvt Date: 03/07/2016
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Rear: 90.52
  • Side 1: 159
  • Side 2: 167
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 3145
  • Elementary School: Conklin Elementary
  • Garage Type Driveway: Attached
  • Pertinent Facts: Water/Canal front, fully exposed, quality, custom built home. Granite, stainless, 6 panel, 3 ft oak doors throughout. Floor to ceiling, stone front, gas fired, wood-burning fireplace in great room. Formal dining room! Fully finished lower level has two bedrooms full bath. Deck and patio. Yard irrigation system. North Park Water, Machesney Park taxes, county tax rate, Owen township. 3178 Sq Ft finished space, So much more, see attached amenities sheet.
  • L O1 Brokerage Number: 481011334
  • S O1 Brokerage Number: 481011334
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 16.5x13.5, On Level: Main
  • Fireplace Type: Both Gas and Wood
  • Bedroom 2: Dimensions: 14.5x12, On Level: Main
  • Bedroom 3: Dimensions: 16.5x14.5, On Level: Walk Out
  • Bedroom 4: Dimensions: 16.5x14.5, On Level: Walk Out
  • Dining Room: Yes, On Level: Main, Dimensions: 15.5x12
  • Family Room: Yes, On Level: Walk Out, Dimensions: 16.5x18
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Kitchen: Dimensions: 18x15, On Level: Main
  • Living Room: No
  • Number Of Fireplaces: 1
  • Recreation Room: No
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Garage: 3

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 150

Schools

  • School District: Rockford 205
  • Elementary School: Conklin Elementary
  • Middle School: West Middle
  • High School: Auburn High

Building Info

  • Year Built: 2010

Tax Info

  • Year: 2015
  • Taxes: 10378

MLS Schools

  • HighSchool: Auburn High
  • School District: Rockford 205
  • Middle School: West Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2020
Sold by
Berg Michael L
Bought by
Berg Michael Lawrence and Berg Brooke Rene
Current Estimated Value
$499,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$252,298
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$246,857

Purchase Details

Listed on
Mar 7, 2016
Closed on
Apr 13, 2017
Sold by
Humphries Jean M Trust 11
Bought by
Berg Michael L
Seller's Agent
Kathleen Ricotta
Berkshire Hathaway HomeServices Crosby Starck RE
Buyer's Agent
Kathleen Ricotta
Berkshire Hathaway HomeServices Crosby Starck RE
List Price
$409,000
Sold Price
$330,000
Premium/Discount to List
-$79,000
-19.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$297,000
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Berg Michael Lawrence -- Schlueter Ecklund & Davitt/Cn
Berg Michael Lawrence -- None Listed On Document
Berg Michael L $330,000 Title Underwriters Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berg Michael Lawrence $285,000
Closed Berg Michael Lawrence $285,000
Previous Owner Berg Michael L $297,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2017 04/13/17 Sold $330,000 -19.3% $167 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
03/07/2016 03/07/16 For Sale $409,000 -- $207 / 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 $11,301 $161,936 $39,161 $122,775
2023 $10,631 $141,145 $34,133 $107,012
2022 $10,548 $128,360 $31,041 $97,319
2021 $10,498 $121,163 $29,301 $91,862
2020 $10,485 $116,113 $28,080 $88,033
2019 $10,435 $111,369 $26,933 $84,436
2018 $10,454 $106,349 $25,719 $80,630
2017 $10,668 $104,264 $25,215 $79,049
2016 $10,443 $100,563 $24,320 $76,243
2015 $10,378 $98,620 $23,850 $74,770
2014 $9,085 $95,059 $23,850 $71,209
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201601087

NorthWest Illinois Alliance of REALTORS®

APN: 07-24-476-051