NOT LISTED FOR SALE

Estimated Value: $271,000 - $293,000

2 Beds
2.5 Baths
2,192 Sq Ft
$130/Sq Ft Est. Value

Sale Details

Date Sold: April 15, 2024

Last sale price $250,000 $114 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,009 / mo

23 Days on Market

Highlights

  • Gated Community
  • Deck
  • Vaulted Ceiling
  • Durand Elementary School Rated A-
  • Wooded Lot
  • Ranch Style House

About This Home

As of April 2024

Welcome to your Lake Summerset retreat on quiet Chadbourne Drive! This ranch-style gem in Durand Schools offers two main floor bedrooms plus a convenient office space. Picture yourself relaxing in the great room, featuring a soaring vaulted ceiling and a warm wood-burning fireplace – the heart of your new home. Enjoy the view through the wall of windows overlooking the wooded backyard and step out onto the back deck for some fresh air. The granite kitchen counters and eat-in area make mealtime a delight. Glass French doors open to your private office space, while the main floor laundry adds practical convenience. Downstairs, discover a 300-square-foot family room flooded with natural light, two storage areas, a full bath, and a versatile bonus room for your office or craft needs. Don't miss out on this inviting property close to the front gate, lodge, beach, and marina. Experience the best of Lake Summerset living with its two beaches, seasonal pool, great fishing, clean waters, and convenient access to Rockford, Madison, and nearby cities.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 02/01/2024

Last Buyer's Agent

Patricia Tynan

Best Realty License #475130486

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,458

Year Built

  • Built in 1994

Lot Details

  • 13,939 Sq Ft Lot
  • Wooded Lot

HOA Fees

  • $85 Monthly HOA Fees

Home Design

  • House
  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Great Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • 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
  • Gas Water Heater

Community Details

Overview

  • Association fees include pool access, water access, clubhouse

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,458

Year Built

Built in 1994

Lot Details

0.32 Acres

HOA Fees

$85 per month

Listing Details

  • Interior Amenities: Ceiling Fan(s), Ceiling-Vaults/Cathedral, Countertop-Solid Surface
  • Road Frontage: City/Town
  • Type: Gated Community, Wooded
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop
  • Class: HOUSE
  • Estimated Below Grade Finished Sq Ft: 692
  • Exemptions: Owner, Senior
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 64.62
  • General Features: Deck, Great Room, Laundry 1st Floor, L.L. Finished Space, Main Floor Primary, Skylight(s), Porch Covered
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 SAYBROOK SEC 7 OF LAKE SUMMERSET (EXC BEGSW COR LT 1438 TH SE 93.88 FT NE 38 FT NW 88.68 FT TH SW 19.2 FT TO POB)LT 1438
  • Lot Acreage: 0.32
  • Lvt Date: 02/01/2024
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Rear: 88.68
  • Side 1: 198.82
  • Side 2: 215
  • Stove Range Fuel: Electric
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 8498
  • Egress: No
  • Elementary School: Durand Elementary
  • Estimated Total Finished Sq Ft: 2192
  • Garage Type Driveway: Attached, Garage Remote/Opener
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Welcome to your Lake Summerset retreat on quiet Chadbourne Drive! This ranch-style gem in Durand Schools offers two main floor bedrooms plus a convenient office space. Picture yourself relaxing in the great room, featuring a soaring vaulted ceiling and a warm wood-burning fireplace – the heart of your new home. Enjoy the view through the wall of windows overlooking the wooded backyard and step out onto the back deck for some fresh air. The granite kitchen counters and eat-in area make mealtime a delight. Glass French doors open to your private office space, while the main floor laundry adds practical convenience. Downstairs, discover a 300-square-foot family room flooded with natural light, two storage areas, a full bath, and a versatile bonus room for your office or craft needs. Don't miss out on this inviting property close to the front gate, lodge, beach, and marina. Experience the best of Lake Summerset living with its two beaches, seasonal pool, great fishing, clean waters, and convenient access to Rockford, Madison, and nearby cities.
  • Designated Managing Broker Y N: Yes
  • Estimated Above Grade Sq Ft: 1500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Basement Type: Full
  • Master Bedroom: Dimensions: 17.5x13.9, On Level: Main
  • Fireplace Type: Wood
  • Basement: Finished, Partial Exposure
  • Bedroom 2: Dimensions: 10x14.1, On Level: Main
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.5
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • 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: 1015

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2022
  • Taxes: 3458

MLS Schools

  • HighSchool: Durand High
  • School District: Durand 322
  • Middle School: Durand Jr High

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Apr 12, 2024
Sold by
Bought by
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Patricia Tynan
Best Realty
List Price
$277,900
Sold Price
$250,000
Premium/Discount to List
-$27,900
-10.04%
Views
66
Current Estimated Value
$284,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,738
Avg. Annual Appreciation
5.90%
Original Mortgage
$137,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$250,000 Security First Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $137,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/15/2024 04/15/24 Sold $250,000 -10.0% $114 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $277,900 -- $127 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,463 $70,561 $3,219 $67,342
2022 $3,458 $53,411 $2,461 $50,950
2021 $3,509 $49,181 $2,266 $46,915
2020 $3,459 $47,321 $2,180 $45,141
2019 $3,387 $46,122 $2,125 $43,997
2018 $3,524 $44,276 $2,040 $42,236
2017 $3,393 $43,408 $2,000 $41,408
2016 $3,609 $43,408 $2,000 $41,408
2015 $3,612 $43,408 $2,000 $41,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202400365

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-253-056

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