NOT LISTED FOR SALE

Estimated Value: $56,000 - $269,000

0.34 Acre
$389,215 Price per Acre
14,810 Sq Ft Lot

Last Sold May 04, 2017

Last sale price $4,000

Est. 3,208% increase in value since last sale

Current estimated payment $770/month

48 Days on Market

Highlights

  • Water Views
  • Durand Elementary School Rated A-
  • Gated Community

About This Lot

As of May 2017

Beautiful lot and location in Lake Summerset. Flat, easy build lot. Very close to lodge, beach, marina and front gate. Gated 285 acre lake community only 90 minutes from O'hare. Well regarded Durand schools are only 7 minutes away. Secure and safe locale with short commute times to Rockford, Freeport, Monroe and Beloit. Nature rules; no street lights, quiet peaceful area. It's as nice as you can imagine.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 02/15/2017

Last Buyer's Agent

Nancy Weaver

Best Realty License #475130383

Property Details

Property Type

  • Land

Lot Details

  • 0.34

HOA Fees

  • $59 Monthly HOA Fees

Schools

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

Additional Features

  • 0.34 Acre Lot
  • Water Views

Community Details

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Class: LAND
  • Front: 75
  • General Features: County Taxes
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: LAKE SUMMERSET SAYBROOK SEC 7 LOT 1338
  • Lot Acreage: 0.34
  • Lvt Date: 02/15/2017
  • Rear: 75
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 200
  • Side R: 200
  • Agent Only_ L A1 User Code: 8498
  • Elementary School: Durand Elementary
  • Pertinent Facts: Beautiful lot and location in Lake Summerset. Flat, easy build lot. Very close to lodge, beach, marina and front gate. Gated 285 acre lake community only 90 minutes from O'hare. Well regarded Durand schools are only 7 minutes away. Secure and safe locale with short commute times to Rockford, Freeport, Monroe and Beloit. Nature rules; no street lights, quiet peaceful area. It's as nice as you can imagine.
  • L O1 Brokerage Number: 478025436
  • 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: 710

Schools

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

Lot Info

  • Land Features: Gated Community, Water View

Tax Info

  • Year: 2015
  • Taxes: 316

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
Feb 15, 2017
Closed on
May 4, 2017
Sold by
Mark Fruitig
Bought by
Durante John and Durante Karen
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Nancy Weaver
Best Realty
List Price
$4,800
Sold Price
$4,000
Premium/Discount to List
-$800
-16.67%
Current Estimated Value
$132,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,333
Avg. Annual Appreciation
55.25%

Purchase Details

Closed on
Sep 29, 2006
Bought by
Fruitig Mark
Source: Public Records

Range of Values:

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Average Value
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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
Durante John $4,000 Security First Title
Fruitig Mark $29,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2017 05/04/17 Sold $4,000 -16.7% --
04/04/2017 04/04/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $4,800 -- --
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 $211 $2,040 $2,040 $0
2017 $209 $2,000 $2,000 $0
2016 $316 $2,836 $2,836 $0
2015 $158 $2,836 $2,836 $0
2014 $312 $2,836 $2,836 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201700684

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-251-016