NOT LISTED FOR SALE

Estimated Value: $212,000 - $270,000

3 Beds
2 Baths
1,500 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 06, 2019

Last sale price $121,250 $81 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,592/month

13 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Storage Room
  • Durand Elementary School Rated A-
  • Detached Garage
  • Bathroom on Main Level

About This Home

As of May 2019

The perfect lake home! Recently renovated, this cutie is updated and move in ready. Ground level has tons of storage, bonus sleeping area and full bath. Second level has kitchen, living room, dining, bedroom and full bath. Third floor has two bedrooms, one with balcony. Spacious deck off second level connects to bonus room above the garage. Enjoy the wooded yard and the bubbling fountain. Walk to beach and community lodge. Such a deal! Lake Summerset, a gated, lake community in Northwest Illinois, provides amazing amenities, easy access to several local communities and excellent investment opportunities for the lake enthusiast.

Last Agent to Sell the Property

Karen Pioch

Real People Realty License #475165836 Listed on: 03/08/2019

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1975 | 2014

Lot Details

  • 0.44

HOA Fees

  • $62 per month

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Cedar

Interior Spaces

  • Bathroom on Main Level
  • Wood Burning Fireplace
  • Bonus Room
  • Storage Room
  • Wood Flooring
  • Partially Finished Basement
  • Finished Basement Bathroom

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Water Source

Listing and Financial Details

  • $2,250 Seller Concession

Home Details

Home Type

Single Family

Year Built | Renovated

1975 | 2014

Lot Details

0

HOA Fees

$62 per month

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2014
  • Total Full or Half Bathrooms: 2
  • Type Detached: 3 Stories
  • Estimated Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975
  • Year Renovated: 2014

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 11X25, On Level: 2nd Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 3X5, On Level: Main Level
  • Dining Room: Dimensions: 10X10, On Level: 2nd Level
  • Kitchen Type: Dimensions: 8X8, On Level: 2nd Level
  • Additional Rooms: Bonus, Storage
  • Master Bedroom: Dimensions: 12X10, On Level: 2nd Level
  • Additional Room 1 Name: Bonus, Dimensions: 20X20, On Level: 2nd Level
  • Additional Room 2 Name: Storage, Dimensions: 13X15, On Level: Main Level
  • Bedroom 2: Dimensions: 13X12, On Level: 3rd Level
  • Bedroom 3: Dimensions: 13X11, On Level: 3rd Level
  • Estimated Sq Ft: 1500

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Acreage: 0.4435

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Private Company
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Common Insurance, Security, Clubhouse, Pool, Lake Rights
  • Assessment Association Fees: 740

Schools

  • Junior High Dist: 322

Lot Info

  • Lot Dimensions: 95X200
  • Parcel Identification Number: 0506202020

Tax Info

  • Taxes: 3703

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
Apr 22, 2019
Sold by
Ruswick Aaron E
Bought by
Bowman Dennis
Seller's Agent
Karen Pioch
Real People Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$129,900
Sold Price
$121,250
Premium/Discount to List
-$8,650
-6.66%
Current Estimated Value
$234,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,353
Avg. Annual Appreciation
10.40%
Original Mortgage
$108,500
Outstanding Balance
$95,294
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$139,309

Purchase Details

Closed on
Jul 26, 2017
Sold by
Kenneth Harrison and Kenneth Denise
Bought by
Ruswick Aaron E and Ruswick Toni M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2014
Closed on
Jun 20, 2014
Bought by
Harrison Kenneth and Harrison Denise
Seller's Agent
Peggy Lee
Best Realty
Buyer's Agent
Peggy Lee
Best Realty
List Price
$83,500
Sold Price
$80,000
Premium/Discount to List
-$3,500
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bowman Dennis $123,500 Security First Title
Ruswick Aaron E $115,000 Security First Title
Harrison Kenneth $78,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Dennis $108,500
Previous Owner Ruswick Aaron E $103,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2019 05/06/19 Sold $121,250 -6.7% $81 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $129,900 +62.4% $87 / Sq Ft
06/20/2014 06/20/14 Sold $80,000 -4.2% $64 / Sq Ft View Prior Sale
06/03/2014 06/03/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $83,500 -- $67 / 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 $3,666 $59,919 $2,281 $57,638
2022 $2,801 $45,356 $1,744 $43,612
2021 $2,682 $41,764 $1,606 $40,158
2020 $3,826 $40,184 $1,545 $38,639
2019 $3,624 $37,579 $1,506 $36,073
2018 $3,834 $36,075 $1,446 $34,629
2017 $3,703 $35,368 $1,418 $33,950
2016 $3,938 $35,368 $1,418 $33,950
2015 $3,942 $35,368 $1,418 $33,950
2014 $2,750 $35,368 $1,418 $33,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10301449

Midwest Real Estate Data (MRED)

APN: 05-06-202-020