NOT LISTED FOR SALE

Estimated Value: $365,901 - $455,000

4 Beds
2 Baths
1,675 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 10, 2019

Last sale price $235,000 $140 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,884/month

57 Days on Market

Highlights

  • Lake Front
  • Boat Slip
  • Deck
  • Durand Elementary School Rated A-
  • Spa
  • 4-minute walk to Lake Summerset Campground Playground

About This Home

As of October 2019

Adorable lake front chalet, lovingly maintained and ready for new owners. New windows and freshly painted exterior in 2018, new roof in 2011, ductless heat/air conditioning in 2014. Walk out of the lower level to one on the best locations at the lake. On the edge of Tamarack Bay, this beauty has a panoramic view of the main lake. Natural knotty pine interior and the stone fire place makes this home year round cozy. Must see to truly appreciate. Finish this summer at the lake front! With more than 2,300 year-round residents, Lake Summerset, a gated, lake community in Northwest Illinois, provides amazing amenities, easy access to several local communities and excellent investment opportunities for the lake enthusiast. Located on 1,550 acres of rolling hills and wooded areas, this family friendly, rural setting is perfect for young families, weekend lake devotees, second home owners and active retirees.

Last Agent to Sell the Property

Karen Pioch

Real People Realty License #475165836 Listed on: 07/22/2019

Real People Realty

Last Buyer's Agent

Allison McGuire

Keller Williams Success Realty License #475185688

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,642

Year Built

  • 1982

Lot Details

  • Lake Front

HOA Fees

  • $62 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cottage
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Bathroom on Main Level
  • Vaulted Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Boat Slip
  • Deck
  • Patio

Utilities

  • Heating Available
  • Private Water Source
  • Water Softener

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,642

Year Built

1982

Lot Details

0

HOA Fees

$62 per month

Parking

1

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1675
  • Unfinished Lower Sq Ft: 250
  • Style Of House: Cottage
  • Type Detached: 2 Stories
  • Estimated Year Built: 1982
  • Total Sq Ft: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1982

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 16X26, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Water Softener
  • Fireplace Details: Wood Burning, Wood Burning Stove
  • Fireplace Location: Family Room, Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X10, On Level: Walkout Basement
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X13, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X16, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1675
  • Estimated Total Finished Sq Ft: 1675
  • Lower Level Sq Ft: 525
  • Main Level Sq Ft: 800
  • Upper Level Sq Ft: 350
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 25X21, On Level: Walkout Basement, Flooring: Vinyl

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Deck, Patio, Hot Tub, Boat Slip, Storms/Screens
  • Acreage: 0.4168

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Other
  • Water: Private Company
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Common Insurance, Security, Clubhouse, Pool, Lake Rights
  • Assessment Association Fees: 740
  • Management Contact Name: Mary Walsh
  • Management Phone: 815-248-2194

Fee Information

  • Management Company: Lake Summerset

Schools

  • School District: 322
  • Junior High Dist: 322

Lot Info

  • Lot Dimensions: 73X250
  • Lot Description: Lake Front
  • Parcel Identification Number: 0506176030

Tax Info

  • Taxes: 5808.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Oct 10, 2019
Sold by
Brian Esker 2007 Living Trust
Bought by
Dickson Kelly M and Dickson Michael E
Seller's Agent
Karen Pioch
Real People Realty
Buyer's Agent
Allison McGuire
Keller Williams Success Realty
List Price
$299,900
Sold Price
$235,000
Premium/Discount to List
-$64,900
-21.64%
Current Estimated Value
$412,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,475
Avg. Annual Appreciation
10.70%
Original Mortgage
$188,000
Outstanding Balance
$127,284
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$303,899
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
Dickson Kelly M $235,000 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dickson Kelly M $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2019 10/10/19 Sold $235,000 -16.0% $140 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
08/28/2019 08/28/19 Price Changed $279,900 -6.7% $167 / Sq Ft
07/22/2019 07/22/19 For Sale $299,900 -- $179 / 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 $7,642 $101,988 $32,476 $69,512
2023 $6,959 $87,394 $27,829 $59,565
2022 $6,295 $77,201 $24,832 $52,369
2021 $6,534 $71,088 $22,866 $48,222
2020 $6,513 $68,400 $22,001 $46,399
2019 $5,650 $58,590 $21,443 $37,147
2018 $5,808 $56,245 $20,585 $35,660
2017 $5,773 $55,142 $20,181 $34,961
2016 $6,140 $55,142 $20,181 $34,961
2015 $3,073 $55,142 $20,181 $34,961
2014 $6,074 $55,142 $20,181 $34,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10460097

Midwest Real Estate Data (MRED)

APN: 05-06-176-030