NOT LISTED FOR SALE

Estimated Value: $99,000

0.34 Acre
$291,176 Price per Acre
14,810 Sq Ft Lot

Last Sold June 15, 2023

Last sale price $5,000

Est. 1,880% increase in value since last sale

Current estimated payment $635/month

299 Days on Market

Highlights

  • Gated Community
  • Wooded Lot
  • Level Lot
  • Durand Elementary School Rated A-

About This Lot

As of June 2023

WOODED LOT WITH APPLE, PEAR, & BLACK WALNUT TREES THAT COULD SURROUND YOUR NEW DREAM HOME. COME AND ENJOY LAKE SUMMERSET, A GATED COMMUNITY WITH A 285 ACRE LAKE, GREAT FISHING, BOATING, 2 MARINAS, SWIMMING, 2 BEACHES & A SWIMMING POOL PLUS A CAMPGROUND. NATURAL GAS, UNDERGROUND ELECTRIC AND WATER AT THE STREET. 90 MILES TO OHARE, 55 MILES TO MADISON.

Last Agent to Sell the Property

Patricia Tynan

Best Realty License #475130486 Listed on: 07/19/2022

Last Buyer's Agent

Debra Hauser

Best Realty License #475202975

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $114

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $78 Monthly HOA Fees

Schools

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

Community Details

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$114

Lot Details

0

HOA Fees

$78 per month

Listing Details

  • Class: LAND
  • Front: 75
  • General Features: County Taxes
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: LOT 1301 SEC 7, LAKE SUMMERSET
  • Lot Acreage: 0.34
  • Lvt Date: 07/19/2022
  • Rear: 75
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 200
  • Side R: 200
  • Agent Only_ L A1 User Code: 5194
  • Elementary School: Durand Elementary
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: WOODED LOT WITH APPLE, PEAR, & BLACK WALNUT TREES THAT COULD SURROUND YOUR NEW DREAM HOME. COME AND ENJOY LAKE SUMMERSET, A GATED COMMUNITY WITH A 285 ACRE LAKE, GREAT FISHING, BOATING, 2 MARINAS, SWIMMING, 2 BEACHES & A SWIMMING POOL PLUS A CAMPGROUND. NATURAL GAS, UNDERGROUND ELECTRIC AND WATER AT THE STREET. 90 MILES TO OHARE, 55 MILES TO MADISON.
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 481010044
  • S O1 Brokerage Number: 481010044
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 932

Schools

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

Lot Info

  • Topography: Level
  • Land Features: Gated Community, Wooded

Tax Info

  • Year: 2021
  • Taxes: 52

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
Jul 19, 2022
Closed on
Jun 19, 2023
Sold by
Marasco Michael and Marasco Lora
Bought by
Antos Cody
Seller's Agent
Patricia Tynan
Best Realty
Buyer's Agent
Debra Hauser
Best Realty
List Price
$8,000
Sold Price
$5,000
Premium/Discount to List
-$3,000
-37.5%
Views
7
Current Estimated Value
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,000
Avg. Annual Appreciation
437.77%

Purchase Details

Closed on
Sep 5, 2004
Bought by
Marasco Michael and Marasco Lora
Source: Public Records

Range of Values:

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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
Antos Cody $4,000 Security First Title
Marasco Michael $39,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $5,000 0.0% --
05/14/2023 05/14/23 Pending -- -- --
03/01/2023 03/01/23 Price Changed $5,000 -37.5% --
07/19/2022 07/19/22 For Sale $8,000 -- --
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 $114 $1,526 $1,526 --
2023 $104 $1,308 $1,308 $0
2022 $49 $604 $604 $0
2021 $51 $556 $556 $0
2020 $51 $535 $535 $0
2019 $50 $521 $521 $0
2018 $158 $1,530 $1,530 $0
2017 $157 $1,500 $1,500 $0
2016 $263 $2,363 $2,363 $0
2015 $132 $2,363 $2,363 $0
2014 $260 $2,363 $2,363 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202204730

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-252-030