NOT LISTED FOR SALE

Estimated Value: $15,000 - $264,000

0.49 Acre
$284,694 Price per Acre
21,344 Sq Ft Lot

Last Sold December 20, 2024

Last sale price $4,250

Est. 3,182% increase in value since last sale

Current estimated payment $820/month

6 Days on Market

Highlights

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

About This Lot

As of December 2024

Nearly 1/2 acre lot on a quiet street near Beach 1 and the lodge! This gentle, sloping lot could provide an exposure for your dream home. All utilities to the road. Come see what the Lake has to offer! Clean, spring-fed 285 acre private lake! Lake Summerset offers a heated, community pool and splash pad, multiple parks and activities, 24 hour security, two marinas, two beaches, and so much more!

Last Agent to Sell the Property

Christine Wilke

Best Realty License #475.191424 Listed on: 11/27/2024

Last Buyer's Agent

Christine Wilke

Best Realty License #475.191424 Listed on: 11/27/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $104

Lot Details

  • 0.49 Acre Lot
  • Level Lot

HOA Fees

  • $85 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

$104

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Class: LAND
  • General Features: County Taxes, Exposure Possible
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-SAYBROOK SEC 7 LOT 1328
  • Lot Acreage: 0.49
  • Lvt Date: 11/27/2024
  • Type: Land
  • Buildable Lot: Yes
  • Agent Only_ L A1 User Code: 110640
  • Elementary School: Durand Elementary
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Nearly 1/2 acre lot on a quiet street near Beach 1 and the lodge! This gentle, sloping lot could provide an exposure for your dream home. All utilities to the road. Come see what the Lake has to offer! Clean, spring-fed 285 acre private lake! Lake Summerset offers a heated, community pool and splash pad, multiple parks and activities, 24 hour security, two marinas, two beaches, and so much more!
  • Designated Managing Broker Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1015

Lot Info

  • Topography: Level
  • Land Features: Gated Community

Tax Info

  • Year: 2023
  • Taxes: 104

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2025
Sold by
Walsh Joseph M
Bought by
Walsh Joseph M and Walsh Mary J
Current Estimated Value
$139,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$63,110
Interest Rate
6.83%
Mortgage Type
Construction
Estimated Equity
$76,390

Purchase Details

Listed on
Nov 27, 2024
Closed on
Dec 20, 2024
Sold by
Ray John and Ray Karen
Bought by
Walsh Joseph M
Seller's Agent
Christine Wilke
Best Realty
Buyer's Agent
Christine Wilke
Best Realty
List Price
$4,250
Sold Price
$4,250
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1927.95%

Purchase Details

Listed on
May 27, 2019
Closed on
Sep 6, 2019
Sold by
Staidl Alan H and Staidl Marianne
Bought by
Ray John and Ray Karen
Seller's Agent
Michael Cain
Best Realty
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$4,900
Sold Price
$3,200
Premium/Discount to List
-$1,700
-34.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
May 16, 2017
Sold by
Richard Tuchbreiter and Richard Elizabeth
Bought by
Staidl Alan H and Staidl Marianne
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
Walsh Joseph M -- Security First Title
Walsh Joseph M $4,500 Security First Title
Ray John $3,500 Security First Title
Staidl Alan H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Joseph M $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2024 12/20/24 Sold $4,250 0.0% --
12/03/2024 12/03/24 Pending -- -- --
11/27/2024 11/27/24 For Sale $4,250 +32.8% --
09/06/2019 09/06/19 Sold $3,200 -34.7% -- View Prior Sale
08/16/2019 08/16/19 Pending -- -- --
05/27/2019 05/27/19 For Sale $4,900 -- --
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 $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: 202406725

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-251-006

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