NOT LISTED FOR SALE

1287 Lake Summerset Rd Davis, IL 61019

Lake Summerset Neighborhood

Estimated Value: $164,000 - $192,000

2 Beds
2 Baths
949 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $80,000 $84 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,211/month

41 Days on Market

Highlights

  • Gated Community
  • Deck
  • Main Floor Primary Bedroom
  • Durand Elementary School Rated A-
  • Wooded Lot
  • Baseboard Heating

About This Home

As of August 2016

LAKE SUMMERSET HOME WITH 2 BEDROOMS AND 2 FULL BATHS. POSSIBLE 3RD BR IN FINISHED LOFT. LARGE DECK FOR VIEWING PRIVATE WOODED SETTING. FINISHED LIVING AREA IN WALKOUT LOWER LEVEL. BROKER OWNED.

Last Agent to Sell the Property

Scott Wilke

Best Realty License #471.020358 Listed on: 06/10/2016

Last Buyer's Agent

Carol Wilke

Best Realty License #475153710

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,229

Year Built

  • Built in 1973

Lot Details

  • 0.32 Acre Lot
  • Wooded Lot

HOA Fees

  • $57 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Siding

Interior Spaces

  • 1.5-Story Property
  • Dryer

Kitchen

  • Electric Range
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Basement

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

Parking

  • 1 Car Garage
  • Driveway

Outdoor Features

  • Deck

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric 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

$2,229

Year Built

Built in 1973

Lot Details

0.32 Acres

HOA Fees

$57 per month

Listing Details

  • Type: Gated Community, Wooded
  • Additional Room 5: BONUS, Dimensions: 10.6x12, On Level: Lower
  • Additional Room 6: LOFT, Dimensions: 11.8x20, On Level: Upper
  • Appliances That Stay or Are Included: Dryer, Refrigerator, Stove/Cooktop
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 949
  • Estimated Below Grade Finished Sq Ft: 241
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 70
  • General Features: Basement Entrance, County Taxes, Deck, Full Exposure, L.L. Finished Space, Main Floor Master
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET - SAYBROOK SEC 7 LOT 1287
  • Lot Acreage: 0.32
  • Lvt Date: 06/10/2016
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Rear: 70
  • Side 1: 200
  • Side 2: 200
  • Stove Range Fuel: Electric
  • Style: 1.5 Story
  • Type: House
  • Agent Only_ L A1 User Code: 110179
  • Elementary School: Durand Elementary
  • Garage Type Driveway: Attached
  • Pertinent Facts: LAKE SUMMERSET HOME WITH 2 BEDROOMS AND 2 FULL BATHS. POSSIBLE 3RD BR IN FINISHED LOFT. LARGE DECK FOR VIEWING PRIVATE WOODED SETTING. FINISHED LIVING AREA IN WALKOUT LOWER LEVEL. BROKER OWNED.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 2
  • Basement Type: Full
  • Master Bedroom: Dimensions: 11.3x12.11, On Level: Main
  • Bedroom 2: Dimensions: 9.5x11.5, On Level: Main
  • Dining Room: No
  • Family Room: No
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 10x13.2, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 13x11.7
  • Recreation Room: Yes, On Level: Lower, Dimensions: 10.5x12
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

  • Cooling: Window Unit
  • Heating: Baseboard, Electric
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fees: 685

Building Info

  • Year Built: 1973

Tax Info

  • Year: 2015
  • Taxes: 2229

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
Jun 10, 2016
Closed on
Aug 30, 2016
Sold by
Wilke Scott A
Bought by
Riha Jason
Seller's Agent
Scott Wilke
Best Realty
Buyer's Agent
Carol Wilke
Best Realty
List Price
$89,500
Sold Price
$80,000
Premium/Discount to List
-$9,500
-10.61%
Current Estimated Value
$174,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,939
Avg. Annual Appreciation
8.55%
Original Mortgage
$78,551
Outstanding Balance
$64,624
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$110,315

Purchase Details

Listed on
Oct 1, 2013
Closed on
Dec 19, 2013
Bought by
Wilke Scott
Seller's Agent
Sandra Pastore
Re/Max Property Source
Buyer's Agent
Richard Wilke
Best Realty
List Price
$50,000
Sold Price
$44,500
Premium/Discount to List
-$5,500
-11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.26%
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
Riha Jason $79,000 Security First Title
Wilke Scott $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riha Jason $78,551
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2016 08/30/16 Sold $80,000 -10.6% $84 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $89,500 +101.1% $94 / Sq Ft
12/19/2013 12/19/13 Sold $44,500 -11.0% $39 / Sq Ft View Prior Sale
11/05/2013 11/05/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $50,000 -- $43 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $2,923 $39,013 $2,281 $36,732
2023 $2,662 $33,431 $1,955 $31,476
2022 $2,408 $29,531 $1,744 $27,787
2021 $2,499 $27,193 $1,606 $25,587
2020 $2,491 $26,164 $1,545 $24,619
2019 $2,459 $25,501 $1,506 $23,995
2018 $2,379 $24,480 $1,446 $23,034
2017 $2,513 $24,000 $1,418 $22,582
2016 $2,227 $20,000 $1,418 $18,582
2015 $2,229 $20,000 $1,418 $18,582
2014 $3,168 $28,759 $1,418 $27,341
Source: Public Records

Agents Affiliated with this Home

  • Scott Wilke

    Seller's Agent in 2016

    Scott Wilke

    Best Realty

    (815) 793-5831

    43 in this area

    172 Total Sales

    Scott Wilke
    Section Image

  • C

    Buyer's Agent in 2016

    Carol Wilke

    Best Realty

  • Sandra Pastore

    Seller's Agent in 2013

    Sandra Pastore

    RE/MAX

    (815) 222-2508

    82 Total Sales

    Sandra Pastore
    Section Image

  • R

    Buyer's Agent in 2013

    Richard Wilke

    Best Realty

See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201603480

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-252-005

Illinois Winnebago County Davis 61019 Lake Summerset

1287 Lake Summerset Rd, Davis, IL

Not Listed for Sale

Detached

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