NOT LISTED FOR SALE

1428 Reserve Ln Unit 1 Dekalb, IL 60115

Estimated Value: $226,990

3 Beds
2.5 Baths
1,750 Sq Ft
$130/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $186,000 $106 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,713/month

5 Days on Market

Highlights

  • Waterfront
  • Loft
  • Formal Dining Room
  • Vaulted Ceiling
  • End Unit
  • Stainless Steel Appliances

About This Home

As of November 2022

Welcome home to this beautiful end unit with a private entrance and an attached 2-car garage located in the desirable Summit Enclave subdivision! From the moment you walk in you will fall in love! This home offers a spacious and open floor plan with plenty of windows for lots of natural light throughout as well as a view of the beautiful pond. The dining room which is open to both the living room and kitchen features a new light fixture and luxury vinyl plank flooring with sliding glass doors leading to your own private patio overlooking the water. The kitchen features stainless steel appliances, ceramic tile backsplash, luxury vinyl plank flooring and a nice sized pantry. You are going to absolutely love having your laundry room on the 2nd floor with (washer & dryer included). The spacious master suite features a walk-in closet and a private ensuite bathroom with 2 vanities. There are an additional 2 generously sized bedrooms that share a full Jack & Jill bathroom. Plenty of updates have been done here. New appliances - Stove, microwave, dishwasher, refrigerator, washer & dryer in November 2018. New luxury vinyl plank flooring - Kitchen, dining room, entryway and main floor half bath in 2019. Custom honeycomb 3-Day Blinds shades in living room in 2019. Custom shade in large window on stairway in 2019. New lighting in kitchen, dining room, stairway & master bath (2019-2022). Designer ceramic tile in master bath in 2021. Ceramic tile backsplash in kitchen in 2021. New furnace, AC and OxyQuantum Air Treatment System in December 2020. HVAC has a 10 Year Warranty that is transferable to new owners. Nothing to do but move right in! Convenient location, close to shopping, parks, schools & easy access to I-88. Hurry up! This one will not last long!

Last Listed By

Bessie Karegianes

Real People Realty License #475167373 Listed on: 09/16/2022

Real People Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,796

Year Built

  • Built in 2007 | Remodeled in 2018

Lot Details

  • Waterfront
  • End Unit

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,750 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • De Kalb High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, snow removal
  • 4 Units
  • Dan Pavelich Association, Phone Number (815) 899-8510
  • Summit Enclave Subdivision
  • Property managed by Summit Enclave Homeowners Association

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,796

Year Built

Built in 2007 | Remodeled in 2018

Lot Details

0

HOA Fees

$126 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Summit Enclave
  • Year Built: 2007
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2018
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2018

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Second Floor Laundry
  • LivingArea: 1750
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Room Type: Loft
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Slab
  • Bathroom Amenities: Double Sink
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, End Unit, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 189000
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • 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, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 111
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Management Company: Summit Enclave Homeowners Association
  • Management Contact Name: Dan Pavelich
  • Management Phone: 815-899-8510
  • Master Association Fee: 182
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • High School: De Kalb High School
  • Middle/Junior School District: 428

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3796.14
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior Freeze

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
Hoppe Karen
Bought by
Kerby Steven and Kerby Thelma
Total Days on Market
5
Current Estimated Value
$226,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2018
Closed on
Oct 24, 2018
Sold by
Fannie Mae
Bought by
Hoppe Karen
Seller's Agent
John Hoffman
Whyrent Real Estate Company
Buyer's Agent
Cheri Gilson
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Original Mortgage
$126,000
Interest Rate
5.25%
Mortgage Type
VA

Purchase Details

Closed on
Jun 18, 2018
Sold by
Ditech Financial Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 17, 2007
Sold by
Enclave Land Llc
Bought by
Wade Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
6.77%
Mortgage Type
New Conventional

Range of Values:

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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
Kerby Steven $186,000 --
Hoppe Karen $140,000 Real Estate Title Co Llc
Federal National Mortgage Association $109,700 None Available
Wade Cathy $167,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerby Steven $126,000
Previous Owner Hoppe Karen $126,000
Previous Owner Wade Cathy $167,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $186,000 -1.6% $106 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $189,000 +35.0% $108 / Sq Ft
11/15/2018 11/15/18 Sold $140,000 -6.6% $80 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
09/17/2018 09/17/18 Price Changed $149,900 -6.3% $86 / Sq Ft
08/17/2018 08/17/18 For Sale $159,900 -- $91 / 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 $3,945 $60,678 $4,835 $55,843
2023 $3,945 $52,906 $4,216 $48,690
2022 $3,770 $48,303 $4,811 $43,492
2021 $3,796 $45,304 $4,512 $40,792
2020 $3,862 $44,582 $4,440 $40,142
2019 $3,735 $42,831 $4,266 $38,565
2018 $4,076 $40,365 $4,121 $36,244
2017 $4,086 $38,801 $3,961 $34,840
2016 $4,021 $37,821 $3,861 $33,960
2015 -- $35,835 $3,658 $32,177
2014 -- $36,336 $5,293 $31,043
2013 -- $38,168 $5,560 $32,608
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11630960

Midwest Real Estate Data (MRED)

APN: 08-13-323-055