NOT LISTED FOR SALE

1297 Lake Summerset Rd Davis, IL 61019

Lake Summerset Neighborhood

Estimated Value: $263,223 - $286,000

3 Beds
2 Baths
1,587 Sq Ft
$172/Sq Ft Est. Value

Sale Details

Date Sold: September 16, 2022

Last sale price $205,000 $129 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,992 / mo

42 Days on Market

Highlights

  • Gated Community
  • Deck
  • Main Floor Primary Bedroom
  • Durand Elementary School Rated A-
  • Wooded Lot
  • Walk-In Closet

About This Home

As of September 2022

Three bedroom, two bath, 2.5 car garage ranch in Lake Summerset. Conveniently located close to front gate, lodge, beach and marina. Nice backyard with shade trees and attached deck off the dining room. Main floor master suite with two 5.5x7.8 walk in closets and full ensuite bath. Foyer entrance and main floor laundry. Oversized 737 sq ft garage with side entrance to yard. Body of the home is set back from the road for a quiet setting. Carpets, flooring and paint need updating. Gas fireplace in combination living room dining area. Eat in kitchen. Lower level is unfinished and unobstructed. Lots of potential for a very comfortable and modern home in an exceptional location.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 07/04/2022

Last Buyer's Agent

Cheryl Jacobs

DICKERSON & NIEMAN License #475130645

DICKERSON & NIEMAN

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,498

Lot Details

  • 14,810 Sq Ft Lot
  • Wooded Lot

HOA Fees

  • $71 Monthly HOA Fees

Home Design

  • House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,587 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Stove
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2.5 Car Garage
  • Driveway

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas 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

$3,498

Lot Details

0.34 Acres

HOA Fees

$71 per month

Listing Details

  • Interior Amenities: Walk-In Closet, Window Treatments
  • Road Frontage: City/Town
  • Type: Gated Community, Wooded
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Stove/Cooktop, Sump Pump, Washer
  • Class: HOUSE
  • Estate: Yes
  • Exemptions: Owner, Senior
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 75
  • General Features: County Taxes, Deck, Laundry 1st Floor, Main Floor Master
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-SAYBROOK SEC 7 LOT 1297
  • Lot Acreage: 0.34
  • Lvt Date: 07/04/2022
  • Number of Main Level Full Bathrooms: 2
  • Rear: 75
  • Side 1: 200
  • Side 2: 200
  • Stove Range Fuel: Gas
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: 8498
  • Egress: No
  • Elementary School: Durand Elementary
  • Estimated Total Finished Sq Ft: 1587
  • Garage Type Driveway: Asphalt, Attached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Three bedroom, two bath, 2.5 car garage ranch in Lake Summerset. Conveniently located close to front gate, lodge, beach and marina. Nice backyard with shade trees and attached deck off the dining room. Main floor master suite with two 5.5x7.8 walk in closets and full ensuite bath. Foyer entrance and main floor laundry. Oversized 737 sq ft garage with side entrance to yard. Body of the home is set back from the road for a quiet setting. Carpets, flooring and paint need updating. Gas fireplace in combination living room dining area. Eat in kitchen. Lower level is unfinished and unobstructed. Lots of potential for a very comfortable and modern home in an exceptional location.
  • Designated Managing Broker Y N: Yes
  • Estimated Above Grade Sq Ft: 1587
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 11.5x15.9, On Level: Main
  • Fireplace Type: Gas
  • Bedroom 2: Dimensions: 10x10.7, On Level: Main
  • Bedroom 3: Dimensions: 10.7x13.3, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 14x11
  • Family Room: No
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 15.2x10, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 25.6x14
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 2.5

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 850

Tax Info

  • Year: 2020
  • Taxes: 3498

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2022
Closed on
Sep 14, 2022
Sold by
Bought by
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Cheryl Jacobs
DICKERSON & NIEMAN
List Price
$239,000
Sold Price
$205,000
Premium/Discount to List
-$34,000
-14.23%
Current Estimated Value
$272,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,806
Avg. Annual Appreciation
7.54%
Original Mortgage
$194,750
Outstanding Balance
$185,218
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$87,588
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lake Summerset, IL

  • Allison Hawkins Real Estate Agent - Keller Williams Realty Signature

    Allison Hawkins

    Keller Williams Realty Signature

    (779) 774-7983

    295 Total Sales

    3 in Lake Summerset

    $300K - $570K Price Range

    Allison Hawkins
     Section Image
  • Charla Piper Real Estate Agent - Century 21 Affiliated

    Charla Piper

    Responds Quickly

    Century 21 Affiliated

    (608) 684-6117

    200 Total Sales

    2 in Lake Summerset

    $14K - $229K Price Range

    Charla Piper
     Section Image
  • Kim Govert-Meris Real Estate Agent - Keller Williams Realty Signature

    Kim Govert-Meris

    Keller Williams Realty Signature

    (608) 580-5786

    139 Total Sales

    1 in Lake Summerset

    $244,900 Price

    Kim Govert-Meris
     Section Image
  • Tracy Shuman Real Estate Agent - Re/Max Professional Advantage

    Tracy Shuman

    Re/Max Professional Advantage

    (815) 393-2816

    152 Total Sales

    2 in Lake Summerset

    $140,000 Price Range

    Tracy Shuman
     Section Image
  • Christine Wilke Real Estate Agent - Best Realty

    Christine Wilke

    Best Realty

    (779) 210-6324

    313 Total Sales

    63 in Lake Summerset

    $2K - $610K Price Range

    Christine Wilke
     Section Image
  • Amy Smith-Heine Real Estate Agent - Re/Max Classic

    Amy Smith-Heine

    Re/Max Classic

    (779) 212-7490

    160 Total Sales

    2 in Lake Summerset

    $99K - $100K Price Range

    Amy Smith-Heine
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$205,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $194,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/16/2022 09/16/22 Sold $205,000 -6.4% $129 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/27/2022 07/27/22 Price Changed $219,000 -8.4% $138 / Sq Ft
07/04/2022 07/04/22 For Sale $239,000 -- $151 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,098 $84,430 $2,526 $81,904
2024 $4,889 $76,248 $2,281 $73,967
2023 $4,327 $65,337 $1,955 $63,382
2022 $3,448 $53,283 $1,744 $51,539
2021 $3,499 $49,064 $1,606 $47,458
2020 $3,448 $47,208 $1,545 $45,663
2019 $3,377 $46,012 $1,506 $44,506
2018 $3,513 $44,170 $1,446 $42,724
2017 $3,382 $43,304 $1,418 $41,886
2016 $3,597 $43,304 $1,418 $41,886
2015 $3,601 $43,304 $1,418 $41,886
2014 $3,803 $43,304 $1,418 $41,886
Source: Public Records

Agents Affiliated with this Home

  • Don Morgan Real Estate Agent - Morgan Realty, Inc.

    Seller's Agent in 2022

    Don Morgan

    Morgan Realty, Inc.

    (815) 656-4162

    100 in this area

    273 Total Sales

    Don Morgan
    Section Image
  • Cheryl Jacobs Real Estate Agent - DICKERSON & NIEMAN

    Buyer's Agent in 2022

    Cheryl Jacobs

    DICKERSON & NIEMAN

    (815) 893-7401

    1 in this area

    97 Total Sales

    Cheryl Jacobs
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202204308

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-252-015

Illinois Winnebago County Davis 61019 Lake Summerset

1297 Lake Summerset Rd, Davis, IL

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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