NOT LISTED FOR SALE

Estimated Value: $351,000 - $431,000

4 Beds
3 Baths
3,232 Sq Ft
$119/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $312,000 $97 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,686/month

42 Days on Market

Highlights

  • Gated Community
  • Covered Deck
  • Vaulted Ceiling
  • Durand Elementary School Rated A-
  • Wooded Lot
  • 5-minute walk to Lake Summerset Campground Playground

About This Home

As of September 2022

Special "California Ranch" in Lake Summerset. Close to lodge, marina and front gate. Four bedrooms, three baths, oversized two car garage. Impeccably maintained and perfectly clean. A tiled foyer leads to main floor living area, lower level and sunken formal living room with vaulted ceiling and generous natural lighting. This home has beautiful gleaming hardwood floors, tiling and carpet. Eat in kitchen with adjacent formal dining area. Main floor family room with skylights and gas fireplace. The intermediate island has a desk on one side and china hutch on the other. Covered private backyard deck overlooks this 6/10ths acre lot. Patio area for grilling and sunlight. Main floor master with huge walk in closet and large en-suite bath with jet tub and separate room for shower/ stool. Main floor laundry, full main floor guest bath. Two additional main floor bedrooms. Lower level features large storage areas, game room, family room, full bath and bedroom #4. Great workshop area with direct access to side yard. Double garage with side by side overhead doors. Come see for yourself what we already know about the wonderful Lake Summerset Community. Two beaches, manned gated entrance, swimming pool, plenty of parks and amenities, attractive main lodge, private security, terrific fishing and watersports and we're only 30 minutes to downtown Rockford. Assn fees are a modest $850 per year and we are known for our great management and no special assessments in 52 years.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 07/23/2022

Last Buyer's Agent

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 07/23/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,350

Lot Details

  • 0.6 Acre Lot
  • Wooded Lot

HOA Fees

  • $71 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Built-in Bookshelves
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Great Room

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2.5 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Water Softener

Community Details

Overview

  • Association fees include pool access, water access, clubhouse

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,350

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Interior Amenities: Book Cases Built In, Ceiling Fans/Remotes, Ceiling-Tray, Ceiling-Vaults/Cathedral, Countertop-Solid Surface, Walk-In Closet, Whirlpool Tub, Window Treatments
  • Road Frontage: City/Town
  • Type: Gated Community, Wooded
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, Water Softener
  • Class: HOUSE
  • Estimated Below Grade Finished Sq Ft: 1210
  • Exemptions: Owner, Senior
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 36
  • General Features: Basement Entrance, County Taxes, Deck, Great Room, Laundry 1st Floor, L.L. Finished Space, Main Floor Master, Partial Exposure, Skylight(s), Deck-Covered, Porch Covered
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-SAYBROOK SEC 7 LOT 1355
  • Lot Acreage: 0.6
  • Lvt Date: 07/23/2022
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Rear: 183
  • Side 1: 189
  • Side 2: 236
  • Stove Range Fuel: Electric
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 8498
  • Egress: Yes
  • Elementary School: Durand Elementary
  • Estimated Total Finished Sq Ft: 3232
  • Garage Type Driveway: Asphalt, Attached, Garage Remote/Opener
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Special "California Ranch" in Lake Summerset. Close to lodge, marina and front gate. Four bedrooms, three baths, oversized two car garage. Impeccably maintained and perfectly clean. A tiled foyer leads to main floor living area, lower level and sunken formal living room with vaulted ceiling and generous natural lighting. This home has beautiful gleaming hardwood floors, tiling and carpet. Eat in kitchen with adjacent formal dining area. Main floor family room with skylights and gas fireplace. The intermediate island has a desk on one side and china hutch on the other. Covered private backyard deck overlooks this 6/10ths acre lot. Patio area for grilling and sunlight. Main floor master with huge walk in closet and large en-suite bath with jet tub and separate room for shower/ stool. Main floor laundry, full main floor guest bath. Two additional main floor bedrooms. Lower level features large storage areas, game room, family room, full bath and bedroom #4. Great workshop area with direct access to side yard. Double garage with side by side overhead doors. Come see for yourself what we already know about the wonderful Lake Summerset Community. Two beaches, manned gated entrance, swimming pool, plenty of parks and amenities, attractive main lodge, private security, terrific fishing and watersports and we're only 30 minutes to downtown Rockford. Assn fees are a modest $850 per year and we are known for our great management and no special assessments in 52 years.
  • Designated Managing Broker Y N: Yes
  • Estimated Above Grade Sq Ft: 2022
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 15x17, On Level: Main
  • Fireplace Type: Gas
  • Basement: Basement Entrance, Finished, Partial Exposure
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 10.4x11.8, On Level: Main
  • Bedroom 4: Dimensions: 12x11, On Level: Walk Out
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, 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: Electric

Condo/Co-op/Association

  • HOA Fees: 850

Tax Info

  • Year: 20201
  • Taxes: 4350

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 23, 2022
Closed on
Sep 29, 2022
Sold by
Herrman Edwin L and Herrman Victoria M
Bought by
Dwulat Steve and Dwuat Karen
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$329,000
Sold Price
$312,000
Premium/Discount to List
-$17,000
-5.17%
Current Estimated Value
$384,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,799
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Sep 8, 1995
Bought by
Herrman Edwin L and Herrman Victoria M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dwulat Steve $312,000 Security First Title
Herrman Edwin L $157,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2022 09/29/22 Sold $312,000 -5.2% $97 / Sq Ft
09/03/2022 09/03/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $329,000 0.0% $102 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/15/2022 08/15/22 Price Changed $329,000 -4.6% $102 / Sq Ft
07/23/2022 07/23/22 For Sale $345,000 -- $107 / Sq Ft
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 $7,263 $107,926 $6,847 $101,079
2023 $6,488 $92,481 $5,867 $86,614
2022 $4,956 $71,781 $5,235 $66,546
2021 $4,351 $66,096 $4,820 $61,276
2020 $4,507 $63,597 $4,638 $58,959
2019 $4,565 $61,985 $4,520 $57,465
2018 $5,082 $59,504 $4,339 $55,165
2017 $4,956 $58,337 $4,254 $54,083
2016 $5,271 $58,337 $4,254 $54,083
2015 $5,276 $58,337 $4,254 $54,083
2014 $5,280 $58,337 $4,254 $54,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202204867

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-177-021