NOT LISTED FOR SALE

Estimated Value: $275,000 - $326,000

3 Beds
2.5 Baths
2,131 Sq Ft
$144/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $203,400 $95 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,329/month

14 Days on Market

Highlights

  • 2 Car Attached Garage
  • Central Air
  • 1-minute walk to Lake Summerset Campground Playground
  • Durand Elementary School Rated A-
  • Combination Dining and Living Room

About This Home

As of October 2022

2-story home in the gated community of Lake Summerset ! The home has a beautiful fireplace in the living room/dining room combination and Master Bedroom on the first floor. Total of 3 Bedrooms with 2.5 Bathrooms. First-floor walk in laundry, and a over sized two-car attached garage. Enjoy fishing, swimming and boating in this beautiful community

Last Agent to Sell the Property

Scott Newman

Keller Williams ONEChicago License #471009246 Listed on: 08/29/2022

Keller Williams ONEChicago

Last Buyer's Agent

Scott Newman

Keller Williams ONEChicago License #471009246 Listed on: 08/29/2022

Keller Williams ONEChicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,281

Year Built

  • Built in 2002

Lot Details

  • 1,699 Sq Ft Lot

HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,131 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Schools

  • Durand Elementary School
  • Durand Junior High School
  • Durand High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Association fees include water, lake rights
  • Mary Walsh Association, Phone Number (815) 248-2194
  • Property managed by Lake Summerset Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,281

Year Built

Built in 2002

Lot Details

0

HOA Fees

$116 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2002
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 2131
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 198000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 850
  • Association Fee Frequency: Annually
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Quarterly
  • Management Company: Lake Summerset Association
  • Management Contact Name: Mary Walsh
  • Management Phone: 815-248-2194
  • Master Association Fee: 134
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Water, Lake Rights, Other

Schools

  • Elementary School: Durand Elementary School
  • High School: Durand High School
  • Middle/Junior School: Durand Junior High School
  • Middle/Junior School District: 322

Lot Info

  • Lot Size Acres: 0.039
  • Lot Dimensions: 16988
  • Rural (Y/N): Y
  • Lot Size: .25-.49 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5280.66
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Oct 14, 2022
Sold by
Finance Of America Structured Securities
Bought by
Benning Russell and Benning Gerilyn
Seller's Agent
Scott Newman
Keller Williams ONEChicago
Buyer's Agent
Scott Newman
Keller Williams ONEChicago
List Price
$198,000
Sold Price
$203,400
Premium/Discount to List
$5,400
2.73%
Views
90
Current Estimated Value
$307,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,982
Avg. Annual Appreciation
14.34%
Original Mortgage
$183,060
Outstanding Balance
$176,411
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$119,576

Purchase Details

Listed on
Aug 29, 2022
Closed on
Sep 29, 2022
Sold by
Finance Of America Structured Securities
Bought by
Finance Of America Structured Securities Acqu
Seller's Agent
Scott Newman
Keller Williams ONEChicago
Buyer's Agent
Scott Newman
Keller Williams ONEChicago
List Price
$198,000
Sold Price
$203,400
Premium/Discount to List
$5,400
2.73%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,060
Outstanding Balance
$176,411
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$119,576

Purchase Details

Closed on
Jan 27, 2021
Sold by
Judicial Sales Corporation
Bought by
Finance Of America Structured Securities Acqu
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
Benning Russell $203,500 --
Finance Of America Structured Securities Acqu -- --
Finance Of America Structured Securities Acqu -- Codilis & Associates Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benning Russell $183,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $203,400 +2.7% $95 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $198,000 -- $93 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,177 $82,429 $3,801 $78,628
2023 $5,625 $70,633 $3,257 $67,376
2022 $5,088 $62,395 $2,906 $59,489
2021 $5,281 $57,454 $2,676 $54,778
2020 $5,264 $55,282 $2,575 $52,707
2019 $5,196 $53,881 $2,510 $51,371
2018 $4,772 $51,725 $2,410 $49,315
2017 $5,309 $50,711 $2,363 $48,348
2016 $4,422 $50,711 $2,363 $48,348
2015 $4,203 $50,711 $2,363 $48,348
2014 $4,232 $50,711 $2,363 $48,348
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11616487

Midwest Real Estate Data (MRED)

APN: 05-06-177-003