NOT LISTED FOR SALE

Estimated Value: $361,000 - $625,711

4 Beds
2.5 Baths
2,500 Sq Ft
$206/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $570,000 $228 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,599/month

5 Days on Market

Highlights

  • Lake View
  • Vaulted Ceiling
  • Solid Surface Countertops
  • Durand Elementary School Rated A-
  • Ranch Style House
  • 2-minute walk to Lake Summerset Campground Playground

About This Home

As of March 2024

Don't miss another place on the LAKE! Get yours early this year! This ranch home has been completely updated with the latest of everything from the driveway in! From the minute you step inside the foyer it feels like a vacation! Vaulted ceilings, rough sawn beams and a stone fireplace screams getaway from it all! The Kitchen is open to the great room and boasts quartz counters, Kraftmaid brand cabinets with all the features, Tile backsplash, Island for entertaining and SS appliances too! And don't miss the wet bar either! The master bedroom is light and bright with plenty of room for a King bed and has double closets! The Master bath is all new with double sinks, quartz tops, walk in tile shower, large linen closet. Several pocket doors upstairs including master bath. Sliding barn doors are on half bath upstairs & on full bath in the basement. The other two main floor bedrooms share a Jack and Jill 1/2 bath! In the walk out basement there's a big entertainment area, another bath, and 1 more bedroom. Outside you'll notice everything from the roof to the siding and stone have been replaced. New Trex deck, Stairs, new railings, and solar lights set the mood while overlooking Tamarack bay and your private dock! Water front updates include patio, firepit and refinished cantilevered dock, all lakeside! This house has been completely redone needs nothing! see the amenities list for detail!

Last Agent to Sell the Property

Gregory Maurer

EXIT Realty Redefined Maurer Group License #471004003 Listed on: 01/19/2024

EXIT Realty Redefined Maurer Group

Last Buyer's Agent

Toni Vander Heyden

Keller Williams Realty Signature License #475142387

Keller Williams Realty Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,958

Year Built

  • Built in 1994

Lot Details

  • 0.41 Acre Lot

HOA Fees

  • $84 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Wet Bar
  • Wood Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Lake Views
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Schools

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

Utilities

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

Community Details

  • Association fees include water access

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,958

Year Built

Built in 1994

Lot Details

0

HOA Fees

$84 per month

Listing Details

  • Interior Amenities: Bar-Wet, Ceiling Fan(s), Ceiling-Vaults/Cathedral, Ceiling-Wood Decorative, Countertop-Solid Surface
  • Road Frontage: City/Town
  • Type: City/Town, Lake View
  • Electric: Circuit Breaker
  • Additional Room 5: Laundry Rm, Dimensions: 10x9.6, On Level: Lower
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Microwave, Refrigerator, Stove/Cooktop
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1500
  • Estimated Below Grade Finished Sq Ft: 1000
  • Exemptions: Owner, Senior
  • Fee Includes: Water Access
  • Front: 65
  • General Features: Main Floor Primary
  • Hoa Fee Frequency: Yearly
  • Legal Description: Corrected final Plat 2 of Lake Summerset-Saybrook Sec 7 Lot 1415
  • Lot Acreage: 0.41
  • Lvt Date: 01/19/2024
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Rear: 65.06
  • Side 1: 135.34
  • Side 2: 135.25
  • Stove Range Fuel: Electric
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 3239
  • Egress: No
  • Elementary School: Durand Elementary
  • Estimated Total Finished Sq Ft: 2500
  • Garage Type Driveway: Attached, Garage Remote/Opener
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Don't miss another place on the LAKE! Get yours early this year! This ranch home has been completely updated with the latest of everything from the driveway in! From the minute you step inside the foyer it feels like a vacation! Vaulted ceilings, rough sawn beams and a stone fireplace screams getaway from it all! The Kitchen is open to the great room and boasts quartz counters, Kraftmaid brand cabinets with all the features, Tile backsplash, Island for entertaining and SS appliances too! And don't miss the wet bar either! The master bedroom is light and bright with plenty of room for a King bed and has double closets! The Master bath is all new with double sinks, quartz tops, walk in tile shower, large linen closet. Several pocket doors upstairs including master bath. Sliding barn doors are on half bath upstairs & on full bath in the basement. The other two main floor bedrooms share a Jack and Jill 1/2 bath! In the walk out basement there's a big entertainment area, another bath, and 1 more bedroom. Outside you'll notice everything from the roof to the siding and stone have been replaced. New Trex deck, Stairs, new railings, and solar lights set the mood while overlooking Tamarack bay and your private dock! Water front updates include patio, firepit and refinished cantilevered dock, all lakeside! This house has been completely redone needs nothing! see the amenities list for detail!
  • Rental License: No
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 12x14, On Level: Main
  • Fireplace Type: Gas
  • Bedroom 2: Dimensions: 10x13.8, On Level: Main
  • Bedroom 3: Dimensions: 10x13.8, On Level: Main
  • Bedroom 4: Dimensions: 12x22, On Level: Lower
  • Dining Room: Yes, On Level: Main, Dimensions: 10x14
  • Family Room: Yes, On Level: Lower, Dimensions: 15x27
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 10x12, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 13x28
  • Number Of Fireplaces: 1
  • Recreation Room: No
  • Total Bathrooms: 2.5
  • Basement: Yes

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Fees: 1013

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2022
  • Taxes: 7958

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 19, 2024
Closed on
Mar 22, 2024
Sold by
James E Gaddis E and James Lori A
Bought by
Westhoven Timothy E and Westhoven Venette C
Seller's Agent
Gregory Maurer
EXIT Realty Redefined Maurer Group
Buyer's Agent
Toni Vander Heyden
Keller Williams Realty Signature
List Price
$599,900
Sold Price
$570,000
Premium/Discount to List
-$29,900
-4.98%
Views
35
Current Estimated Value
$514,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,430
Avg. Annual Appreciation
-5.65%
Original Mortgage
$399,000
Outstanding Balance
$393,246
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$121,324

Purchase Details

Closed on
Mar 31, 2022
Sold by
Gaddis and Lori
Bought by
James E Gaddis And Lori A Gaddis Revocable Li

Purchase Details

Closed on
Feb 22, 2022
Sold by
Gaddis and Lori
Bought by
James E Gaddis And Lori A Gaddis Revocable Li

Purchase Details

Listed on
Aug 31, 2021
Closed on
Oct 14, 2021
Sold by
Hinkleman Jeff A and Hinkleman Lori A
Bought by
Gaddis James and Gaddis Lori
Seller's Agent
Scott Wilke
Best Realty
Buyer's Agent
Tammy DeMus
Best Realty
List Price
$389,900
Sold Price
$375,000
Premium/Discount to List
-$14,900
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%

Purchase Details

Listed on
Mar 23, 2012
Closed on
Jul 3, 2012
Bought by
Hinkleman Jeff A and Hinkleman Lori A
Buyer's Agent
AGENT NON-MLS
NON-MLS OFFICE
List Price
$299,493
Sold Price
$260,000
Premium/Discount to List
-$39,493
-13.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Westhoven Timothy E $570,000 Lakeshore Title Agency
James E Gaddis And Lori A Gaddis Revocable Li -- Reno & Zahm Llp
James E Gaddis And Lori A Gaddis Revocable Li -- Reno & Zahm Llp
Gaddis James $375,000 Security First Title
Hinkleman Jeff A $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westhoven Timothy E $399,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2024 03/22/24 Sold $570,000 -5.0% $228 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $599,900 +60.0% $240 / Sq Ft
10/14/2021 10/14/21 Sold $375,000 -3.8% $150 / Sq Ft View Prior Sale
09/05/2021 09/05/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $389,900 +50.0% $156 / Sq Ft
07/20/2012 07/20/12 Sold $260,000 -13.2% $93 / Sq Ft View Prior Sale
06/11/2012 06/11/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $299,493 -- $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 $9,926 $143,470 $30,141 $113,329
2023 $8,914 $122,939 $25,828 $97,111
2022 $7,958 $108,600 $23,046 $85,554
2021 $7,375 $81,320 $21,221 $60,099
2020 $7,451 $78,245 $20,419 $57,826
2019 $7,355 $76,263 $19,902 $56,361
2018 $7,780 $73,210 $19,105 $54,105
2017 $7,514 $71,774 $18,730 $53,044
2016 $7,992 $71,774 $18,730 $53,044
2015 $8,000 $71,774 $18,730 $53,044
2014 $7,905 $71,774 $18,730 $53,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202400199

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-176-022