NOT LISTED FOR SALE

1269 Summerland Key Machesney Park, IL 61103

Estimated Value: $470,287 - $531,000

0.33 Acre
$1,508,370 Price per Acre
14,375 Sq Ft Lot

Last Sold October 02, 2020

Last sale price $55,000

Est. 805% increase in value since last sale

Current estimated payment $3,510/month

About This Lot

As of October 2020

Fantastic opportunity to build your dream home safely tucked away on the canal. Bring your own builder! All plans need to be approved by developer. Minimum construction requirements are 1,700 sq. ft. for a ranch, 1,700 sq. ft. for a tri-level, and 1,200 sq. ft. on the ground level for a 2-story. You will have access to a boat launch and trailer storage.

Last Agent to Sell the Property

Eric Pritz

Century 21 Affiliated License #475162369 Listed on: 08/14/2018

Century 21 Affiliated

Last Buyer's Agent

Mori Jo Conkrite

Berkshire Hathaway HomeServices Crosby Starck RE License #475128971

Berkshire Hathaway HomeServices Crosby Starck RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,778

Lot Details

  • 0.33 Acre Lot
  • Waterfront

HOA Fees

  • $13 Monthly HOA Fees

Schools

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

Property Details

Property Type

Land

Est. Annual Taxes

$2,778

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Class: LAND
  • Front: 90
  • General Features: County Taxes, Exposure Possible
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: RIVER KEY NO 3 PT SE1/4 SEC 24-45-1 & PT SW1/4 SEC 19-45-2 LOT 142
  • Lot Acreage: 0.33
  • Lvt Date: 08/14/2018
  • Rear: 90.07
  • Type: Land
  • Buildable Lot: Yes
  • Min2 Story Sq Footage: 1,200
  • Min Ranch Sq Footage: 1,700
  • Other Bldg Requirements: Yes
  • Side L: 170.02
  • Side R: 171.88
  • Agent Only_ L A1 User Code: 10345
  • Elementary School: Conklin Elementary
  • Pertinent Facts: Fantastic opportunity to build your dream home safely tucked away on the canal. Bring your own builder! All plans need to be approved by developer. Minimum construction requirements are 1,700 sq. ft. for a ranch, 1,700 sq. ft. for a tri-level, and 1,200 sq. ft. on the ground level for a 2-story. You will have access to a boat launch and trailer storage.
  • L O1 Brokerage Number: 477013069
  • S O1 Brokerage Number: 478003692
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 150

Schools

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

Lot Info

  • Land Features: Water Front

Tax Info

  • Year: 2019
  • Taxes: 2778

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Oct 2, 2020
Sold by
Ellen Klement Mary
Bought by
Herter Richard W and Herter Laura M
Seller's Agent
Eric Pritz
Century 21 Affiliated
Buyer's Agent
Mori Jo Conkrite
Berkshire Hathaway HomeServices Crosby Starck RE
List Price
$90,000
Sold Price
$55,000
Premium/Discount to List
-$35,000
-38.89%
Current Estimated Value
$497,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,762
Avg. Annual Appreciation
54.42%

Purchase Details

Listed on
Oct 10, 2016
Closed on
Oct 17, 2016
Sold by
River Key Construction Inc
Bought by
Klement Mary Ellen
Seller's Agent
John Howard
DICKERSON & NIEMAN
Buyer's Agent
John Howard
DICKERSON & NIEMAN
List Price
$98,500
Sold Price
$83,500
Premium/Discount to List
-$15,000
-15.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.01%
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
Herter Richard W $55,000 Schlueter Ecklund & Davitt/Nn
Klement Mary Ellen $83,500 Other
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2020 10/02/20 Sold $55,000 -21.4% --
09/09/2020 09/09/20 Pending -- -- --
08/23/2019 08/23/19 Price Changed $70,000 -12.4% --
04/12/2019 04/12/19 Price Changed $79,900 -11.2% --
08/14/2018 08/14/18 For Sale $90,000 +7.8% --
10/17/2016 10/17/16 Sold $83,500 -15.2% -- View Prior Sale
10/10/2016 10/10/16 For Sale $98,500 -- --
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 $10,649 $152,932 $40,791 $112,141
2023 $10,014 $133,297 $35,554 $97,743
2022 $10,450 $121,224 $32,334 $88,890
2021 $2,782 $30,521 $30,521 $0
2020 $2,785 $29,249 $29,249 $0
2019 $2,778 $28,054 $28,054 $0
2018 $1,434 $26,790 $26,790 $0
2017 $2,852 $26,265 $26,265 $0
2016 $56 $511 $511 $0
2015 $56 $501 $501 $0
2014 -- $501 $501 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201805236

NorthWest Illinois Alliance of REALTORS®

APN: 08-19-301-016