NOT LISTED FOR SALE

1322 Lake Summerset Rd Davis, IL 61019

Lake Summerset Neighborhood

Estimated Value: $71,000 - $269,000

0.36 Acre
$440,742 Price per Acre
15,682 Sq Ft Lot

Last Sold February 25, 2022

Last sale price $2,600

Est. 6,003% increase in value since last sale

Current estimated payment $923/month

Highlights

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

About This Lot

As of February 2022

Buildable lot in beautiful Lake Summerset close to main gate! Don’t want to build? Owning an empty lot gives you access to all the amenities that Lake Summerset has to offer! 285-acre lake with fishing, boating, 2 beaches, 2 marinas, water skiing, swimming pool with splash pond, lodge, Summerfest, tennis, etc. Natural gas and electric at the street. Only 50 miles from Madison, WI and 90 miles from Ohare!

Last Agent to Sell the Property

Christine Wilke

Best Realty License #475.191424 Listed on: 01/25/2022

Last Buyer's Agent

Don Morgan

Morgan Realty, Inc. License #471013558

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $114

Lot Details

  • 0.36 Acre Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $71 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

$71 per month

Listing Details

  • Class: LAND
  • Front: 82
  • General Features: County Taxes
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-SAYBROOK SEC 7 LOT 1322
  • Lot Acreage: 0.36
  • Lvt Date: 01/27/2022
  • Rear: 82
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 183
  • Side R: 183
  • Agent Only_ L A1 User Code: 110640
  • Elementary School: Durand Elementary
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Buildable lot in beautiful Lake Summerset close to main gate! Don’t want to build? Owning an empty lot gives you access to all the amenities that Lake Summerset has to offer! 285-acre lake with fishing, boating, 2 beaches, 2 marinas, water skiing, swimming pool with splash pond, lodge, Summerfest, tennis, etc. Natural gas and electric at the street. Only 50 miles from Madison, WI and 90 miles from Ohare!
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 481010044
  • S O1 Brokerage Number: 478025436
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 850

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: 2020
  • Taxes: 51

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
Jan 25, 2022
Closed on
Feb 17, 2022
Sold by
Lehrke Thomas P and Lehrke Victoria J
Bought by
Wideman Tim and Wideman Misty
Seller's Agent
Christine Wilke
Best Realty
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$3,000
Sold Price
$2,600
Premium/Discount to List
-$400
-13.33%
Current Estimated Value
$158,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,067
Avg. Annual Appreciation
234.31%
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
Wideman Tim $3,000 Security First Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $2,600 -13.3% --
02/01/2022 02/01/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $3,000 +42.9% --
06/19/2015 06/19/15 Sold $2,100 -8.7% --
05/20/2015 05/20/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $2,300 -- --
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 $140 $1,189 $1,189 $0
2017 $122 $1,166 $1,166 $0
2016 $158 $1,418 $1,418 $0
2015 $158 $1,418 $1,418 $0
2014 $156 $1,418 $1,418 $0
Source: Public Records

Agents Affiliated with this Home

  • Christine Wilke

    Seller's Agent in 2022

    Christine Wilke

    Best Realty

    (815) 262-0760

    45 in this area

    263 Total Sales

    Christine Wilke
    Section Image
  • Don Morgan

    Buyer's Agent in 2022

    Don Morgan

    Morgan Realty, Inc.

    (815) 656-4162

    96 in this area

    300 Total Sales

    Don Morgan
    Section Image

  • N

    Seller's Agent in 2015

    Norman Chilton

    Best Realty

  • E

    Buyer's Agent in 2015

    Eric Chilton

    Weichert Realtors - Tovar Properties

    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202200385

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-277-008

Illinois Winnebago County Davis 61019 Lake Summerset

1322 Lake Summerset Rd, Davis, IL

This home is located at 1322 Lake Summerset Rd, Davis, IL 61019 since 25 January 2022 and is currently estimated at $158,667. 1322 Lake Summerset Rd is a home located in Winnebago County with nearby schools including Durand Elementary School, Durand Junior High School, and Durand High School.

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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