NOT LISTED FOR SALE

Estimated Value: $304,000 - $384,000

3 Beds
2 Baths
2,222 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $282,000 $127 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,232/month

14 Days on Market

Highlights

  • Community Boat Dock
  • Gated Community
  • Clubhouse
  • Durand Elementary School Rated A-
  • Community Lake
  • Property is near park

About This Home

As of May 2022

Talk about lake views! Over 3/4 acre semi wooded lot with unobstructed southerly sight lines to the main body of Lake Summerset. This home is in tip top condition and needs no updates or repairs. Brand new 14 x20 sun room. Two fireplaces (1 gas 1 wood ). Vaulted living room & dining area. Three bedrooms. Master BR has jack and jill access to the upper bath. Cool spiral stairs to the fully finished walkout level with laundry, full bath and new TSR patio area. New 12X20 garden shed with improved floor and electric. 646' sq ft heated garage with 18' wide door. Whole house water purification system. Nest camera system. Wi-fi thermostat. 3 flat panel wall mounted TV's stay. List of new items since 2020, roof, skylights, most windows, furnace, AC, gutters, leaf guards, extra attic insulation, active radon mitigation, garden shed, patio doors. Many furnishings negotiable. Golf cart negotiable. A truly fine home in a very quiet area with a lot of land included.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 04/03/2022

Last Buyer's Agent

Sarah Leonard

Legacy Properties, A Sarah Leonard Company, LLC License #475122634

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,614

Year Built

  • Built in 1977 | Remodeled in 2019

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 38x266x260x218
  • Paved or Partially Paved Lot

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Split Level with Sub
  • Tri-Level Property

Interior Spaces

  • 2,222 Sq Ft Home
  • Wood Burning Fireplace
  • Stubbed Gas Line For Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Basement Storage

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Tideland Water Rights
  • Property is near park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

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

Recreation

  • Community Boat Dock
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,614

Year Built

Built in 1977 | Remodeled in 2019

Lot Details

0.77 Acres

HOA Fees

$71 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Log, More than one, Stubbed in Gas Line
  • Fireplaces: 2
  • LivingArea: 2222
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access,Storage Space
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick,Combination

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Heated
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association Fee: 850
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Park, Pool, Tennis Court(s), Lake, Dock, Water Rights, Gated, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Lake Summerset Assn
  • Management Contact Name: Mary Walsh
  • Management Phone: 815-248-2194
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Clubhouse, Pool, Lake Rights

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.7709
  • Lot Dimensions: 38X266X260X218
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 24

Tax Info

  • Tax Annual Amount: 2614
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2022
Closed on
Jul 1, 2022
Sold by
Todorov Kenneth S and Todorov Danielle T
Bought by
Trust Number 8002389203
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
List Price
$289,900
Sold Price
$282,000
Premium/Discount to List
-$7,900
-2.73%
Current Estimated Value
$331,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,139
Avg. Annual Appreciation
4.33%
Original Mortgage
$225,600
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2022
Closed on
May 5, 2022
Sold by
Grossman Family Trust
Bought by
Todorov Kenneth S and Todorov Danielle T
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
List Price
$289,900
Sold Price
$282,000
Premium/Discount to List
-$7,900
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2010
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Grossman George D and Grossman Karen A
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

Date Buyer Sale Price Title Company
Trust Number 8002389203 -- Chicago Title
Todorov Kenneth S $282,000 Security First Title
Grossman George D $107,000 Nlt
Grossman George $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Todorov Kenneth S $225,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2022 05/05/22 Sold $282,000 0.0% $127 / Sq Ft
05/05/2022 05/05/22 Sold $282,000 -2.7% $127 / Sq Ft View Prior Sale
04/18/2022 04/18/22 Pending -- -- --
04/16/2022 04/16/22 Pending -- -- --
04/03/2022 04/03/22 For Sale $289,900 0.0% $130 / Sq Ft
03/17/2022 03/17/22 For Sale $289,900 -- $130 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,456 $78,820 $3,801 $75,019
2022 $2,642 $43,400 $2,906 $40,494
2021 $2,662 $39,963 $2,676 $37,287
2020 $2,614 $38,452 $2,575 $35,877
2019 $2,554 $37,478 $2,510 $34,968
2018 $2,921 $35,978 $2,410 $33,568
2017 $2,541 $35,273 $2,363 $32,910
2016 $3,260 $35,273 $2,363 $32,910
2015 $3,263 $35,273 $2,363 $32,910
2014 $3,260 $35,273 $2,363 $32,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11364488

Midwest Real Estate Data (MRED)

APN: 05-06-253-048

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