NOT LISTED FOR SALE

1473 Chadbourne Dr Davis, IL 61019

Lake Summerset Neighborhood

Estimated Value: $53,000 - $268,000

0.37 Acre
$425,224 Price per Acre
16,117 Sq Ft Lot

Last Sold February 21, 2025

Last sale price $4,700

Est. 3,248% increase in value since last sale

Current estimated payment $912/month

3 Days on Market

Highlights

  • Water Views
  • Durand Elementary School Rated A-
  • Gated Community

About This Lot

As of February 2025

Lake View Durand School Lot in Lake Summerset. Exceptional sight lines. Lot slopes down from the road a bit. Kildeer Park in back so no one will ever build and obstruct your views. Very close to front gate, marina and beach.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 01/28/2025

Last Buyer's Agent

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 01/28/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $104

Lot Details

  • 0.37 Acre Lot
  • Sloped Lot

HOA Fees

  • $92 Monthly HOA Fees

Property Views

  • Water Views

Schools

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

Community Details

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$104

Lot Details

0.37 Acres

HOA Fees

$92 per month

Listing Details

  • Class: LAND
  • General Features: County Taxes, Exposure Possible
  • Hoa Fee Frequency: Yearly
  • Legal Description: Lake Summerset Saybrook Sec 7 Lot 1473
  • Lot Acreage: 0.37
  • Lvt Date: 01/28/2025
  • Type: Land
  • Buildable Lot: Yes
  • Agent Only_ L A1 User Code: 8498
  • Elementary School: Durand Elementary
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Lake View Durand School Lot in Lake Summerset. Exceptional sight lines. Lot slopes down from the road a bit. Kildeer Park in back so no one will ever build and obstruct your views. Very close to front gate, marina and beach.
  • Designated Managing Broker Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1099

Lot Info

  • Topography: Slope to Rear
  • Land Features: Gated Community, Water View

Tax Info

  • Year: 2023
  • Taxes: 104

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
Jan 28, 2025
Closed on
Feb 21, 2025
Sold by
Nordlof Neil and Nordlof Virginia A
Bought by
Schuur Steven
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$4,900
Sold Price
$4,700
Premium/Discount to List
-$200
-4.08%
Views
2
Current Estimated Value
$157,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,633
Avg. Annual Appreciation
3247.51%

Purchase Details

Listed on
Apr 8, 2019
Closed on
Jul 16, 2020
Sold by
Schauer Donna J
Bought by
Nordlof Neil and Nordlof Virginia A
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Nancy Weaver
Best Realty
List Price
$4,000
Sold Price
$3,600
Premium/Discount to List
-$400
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Apr 25, 2003
Bought by
Schauer Kenneth and Schauer Donna
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
Schuur Steven $5,000 Security First Title
Nordlof Neil $4,000 Security First Title
Nordlof Neil $4,000 Security First Title
Schauer Kenneth $28,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2025 02/21/25 Sold $4,700 -4.1% --
01/31/2025 01/31/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $4,900 +36.1% --
07/16/2020 07/16/20 Sold $3,600 -10.0% -- View Prior Sale
06/24/2020 06/24/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $4,000 0.0% --
04/13/2020 04/13/20 Price Changed $4,000 +11.1% --
04/04/2020 04/04/20 Off Market $3,600 -- --
04/08/2019 04/08/19 For Sale $9,499 -- --
Source: NorthWest Illinois Alliance of REALTORS®

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 --
2023 $104 $1,308 $1,308 $0
2022 $49 $604 $604 $0
2021 $51 $556 $556 $0
2020 $51 $535 $535 $0
2019 $50 $521 $521 $0
2018 $211 $1,530 $1,530 $0
2017 $157 $1,500 $1,500 $0
2016 $263 $2,363 $2,363 $0
2015 $263 $2,363 $2,363 $0
2014 $260 $2,363 $2,363 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Morgan

    Seller's Agent in 2025

    Don Morgan

    Morgan Realty, Inc.

    (815) 656-4162

    96 in this area

    294 Total Sales

    Don Morgan
    Section Image

  • N

    Buyer's Agent in 2020

    Nancy Weaver

    Best Realty

    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202500399

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-426-036

Illinois Winnebago County Davis 61019 Lake Summerset

1473 Chadbourne Dr, Davis, IL

Not Listed for Sale

Lots

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