NOT LISTED FOR SALE

Estimated Value: $14,000 - $264,000

0.52 Acre
$267,308 Price per Acre
22,651 Sq Ft Lot

Last Sold August 12, 2015

Last sale price $3,500

Est. 3,871% increase in value since last sale

Current estimated payment $785/month

66 Days on Market

About This Lot

As of August 2015

LOVELY LARGE CUL-DE-SAC LOT CLOSE TO THE BEACH, LODGE AND MARINA. THIS LOT IS SHAPED TO ACCOMMODATE ANY STYLE OF CONSTRUCTION. COME AND ENJOY LAKE SUMMERSET WITH A 285 ACRE LAKE, 2 BEACHES, 2 MARINAS, HEATED POOL, TENNIS, BOCCI BALL, CAMPGROUNDS, LODGE AND MUCH MORE. ONLY 90 MINUTES FROM O'HARE.

Last Agent to Sell the Property

Patricia Tynan

Best Realty License #475130486 Listed on: 05/08/2015

Last Buyer's Agent

Patricia Tynan

Best Realty License #475130486 Listed on: 05/08/2015

Property Details

Property Type

  • Land

Lot Details

  • 0.52 Acre Lot

HOA Fees

  • $55 Monthly HOA Fees

Schools

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

Community Details

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Class: LAND
  • Front: 75
  • General Features: County Taxes
  • Hoa Fee Frequency: Yearly
  • Legal Description: LOT 1458 SECTION 7, LAKE SUMMERSET
  • Lot Acreage: 0.52
  • Rear: 150
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 218
  • Side R: 227
  • Agent Only_ L A1 User Code: 5194
  • Elementary School: Durand Elementary
  • Pertinent Facts: LOVELY LARGE CUL-DE-SAC LOT CLOSE TO THE BEACH, LODGE AND MARINA. THIS LOT IS SHAPED TO ACCOMMODATE ANY STYLE OF CONSTRUCTION. COME AND ENJOY LAKE SUMMERSET WITH A 285 ACRE LAKE, 2 BEACHES, 2 MARINAS, HEATED POOL, TENNIS, BOCCI BALL, CAMPGROUNDS, LODGE AND MUCH MORE. ONLY 90 MINUTES FROM O'HARE.
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: City/Community
  • Water: City/Community

Condo/Co-op/Association

  • HOA Fees: 665

Lot Info

  • Land Features: Gated Community

Tax Info

  • Year: 2014
  • Taxes: 259

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
May 8, 2015
Closed on
Aug 6, 2015
Sold by
Weldon Michael Trust 93
Bought by
Mcwherter Dennis J and Mcwherter Ferris
Seller's Agent
Patricia Tynan
Best Realty
Buyer's Agent
Patricia Tynan
Best Realty
List Price
$3,500
Sold Price
$3,500
Current Estimated Value
$139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,500
Avg. Annual Appreciation
42.24%

Purchase Details

Closed on
Jul 15, 2010
Bought by
Weldon Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mcwherter Dennis J $3,500 Security First Title
Weldon Michael $9,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2015 08/12/15 Sold $3,500 0.0% --
07/13/2015 07/13/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $3,500 -- --
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 $114 $1,526 $1,526 --
2022 $49 $604 $604 $0
2021 $51 $556 $556 $0
2020 $51 $535 $535 $0
2019 $50 $521 $521 $0
2018 $158 $1,530 $1,530 $0
2017 $157 $1,500 $1,500 $0
2016 $263 $2,363 $2,363 $0
2015 $132 $2,363 $2,363 $0
2014 $130 $2,363 $2,363 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201502820

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-253-049