NOT LISTED FOR SALE

1483 Pier Dr Davis, IL 61019

Lake Summerset Neighborhood

Estimated Value: $23,000 - $196,000

0.38 Acre
$288,158 Price per Acre
16,553 Sq Ft Lot

Last Sold July 07, 2020

Last sale price $4,500

Est. 2,333% increase in value since last sale

Current estimated payment $686/month

75 Days on Market

Highlights

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

About This Lot

As of July 2020

Remarkable water views of Lake Summerset. 1st tier location on Pier Drive with full southern exposure and a slight grade up from the road to the back of the lot. Easy access to front gate, marina, lodge and beach. Durand Schools, all underground utilities, perfect for your new home or getatway. Killdeer Park in back for extra privacy and open lands. Lot size 0.38 acres. As of 3-5-2020 this is the least expensive vacant lot on Pier Dr . Dues paid for all of 2020. Bring all Offers!

Last Listed By

Don Morgan

Morgan Realty Inc. License #471013558 Listed on: 03/05/2020

Property Details

Property Type

  • Land

Lot Details

  • 0.38

HOA Fees

  • $64 Monthly HOA Fees

Schools

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

Additional Features

  • 0.38 Acre Lot
  • Water Views

Community Details

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$64 per month

Listing Details

  • Class: LAND
  • Front: 69
  • General Features: County Taxes
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: Corrected Final Plat 2 of Lake Summerset - Saybrook Sec 7 Lot 1483
  • Lot Acreage: 0.38
  • Lvt Date: 03/05/2020
  • Rear: 95
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 200
  • Side R: 205
  • Agent Only_ L A1 User Code: 8498
  • Elementary School: Durand Elementary
  • Pertinent Facts: Remarkable water views of Lake Summerset. 1st tier location on Pier Drive with full southern exposure and a slight grade up from the road to the back of the lot. Easy access to front gate, marina, lodge and beach. Durand Schools, all underground utilities, perfect for your new home or getatway. Killdeer Park in back for extra privacy and open lands. Lot size 0.38 acres. As of 3-5-2020 this is the least expensive vacant lot on Pier Dr . Dues paid for all of 2020. Bring all Offers!
  • L O1 Brokerage Number: 478025436
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 765

Schools

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

Lot Info

  • Land Features: Gated Community, Water View

Tax Info

  • Year: 20118
  • Taxes: 281

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2023
Sold by
Schmidt Larry W
Bought by
Larry Walter Schmidt Revocable Trust and Schmidt
Total Days on Market
75
Current Estimated Value
$109,500

Purchase Details

Listed on
Mar 5, 2020
Closed on
Jul 7, 2020
Sold by
Grossman Family Trust
Bought by
Schmidt Larry and Schmidt Dian
Seller's Agent
Don Morgan
Morgan Realty Inc.
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$5,500
Sold Price
$4,500
Premium/Discount to List
-$1,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.08%

Purchase Details

Listed on
Jul 31, 2016
Closed on
Dec 23, 2016
Sold by
Jeremy Gaughan and Jeremy Alise
Bought by
Grossman George and Grossman Karen
Seller's Agent
Don Morgan
Morgan Realty Inc.
Buyer's Agent
Mark Savala
Morgan Realty Inc.
List Price
$11,000
Sold Price
$8,000
Premium/Discount to List
-$3,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.12%

Purchase Details

Listed on
Oct 4, 2013
Closed on
Mar 26, 2014
Bought by
Gaughan Jeremy and Gaughan Alise
Seller's Agent
Richard Wilke
Best Realty
Buyer's Agent
Don Morgan
Morgan Realty Inc.
List Price
$9,000
Sold Price
$5,000
Premium/Discount to List
-$4,000
-44.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.49%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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  • 209 Lake Summerset Rd, Davis, IL 61019

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    • 209 Lake Summerset Rd
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    Can't find your dream lake home? Build One! Attention all weekend lake enthusiasts! Welcome to the Summerset Lake Community - family friendly gated community surrounding a 275-acre lake located in Northwest Illinois. There is fun for everyone in this year round retreat, both on and off the lake. Enjoy fishing, skiing, boating, camping, sledding, snowmobile trails, golf, playgrounds, dog park,

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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
Larry Walter Schmidt Revocable Trust -- None Listed On Document
Schmidt Larry $4,500 Security First Title
Schmidt Larry $4,500 Security First Title
Grossman George $8,000 Security First Title
Gaughan Jeremy $10,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2020 07/07/20 Sold $4,500 -18.2% --
05/19/2020 05/19/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $5,500 -31.3% --
01/03/2017 01/03/17 Sold $8,000 -27.3% --
12/04/2016 12/04/16 Pending -- -- --
07/31/2016 07/31/16 For Sale $11,000 +120.0% --
03/28/2014 03/28/14 Sold $5,000 -44.4% --
02/26/2014 02/26/14 Pending -- -- --
10/04/2013 10/04/13 For Sale $9,000 -- --
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
2023 $181 $2,276 $2,276 $0
2022 $164 $2,011 $2,011 $0
2021 $170 $1,852 $1,852 $0
2020 $170 $1,782 $1,782 $0
2019 $168 $1,737 $1,737 $0
2018 $430 $2,720 $2,720 $0
2017 $279 $2,667 $2,667 $0
2016 $579 $5,199 $5,199 $0
2015 $579 $5,199 $5,199 $0
2014 $573 $5,199 $5,199 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Morgan

    Seller's Agent in 2020

    Don Morgan

    Morgan Realty Inc.

    (815) 656-4162

    107 in this area

    304 Total Sales

    Don Morgan
    Section Image

  • N

    Buyer's Agent in 2020

    NON-NWIAR Member

    NorthWest Illinois Alliance of REALTORS®

    (815) 395-6776

    NON-NWIAR Member
    Section Image

  • M

    Buyer's Agent in 2017

    Mark Savala

    Morgan Realty Inc.

    (815) 978-6842

    Section Image

  • R

    Seller's Agent in 2014

    Richard Wilke

    Best Realty

See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202001130

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-426-020

Illinois Winnebago County Davis 61019 Lake Summerset

1483 Pier Dr, Davis, IL

Homes for Sale in Davis, IL

This home is located at 1483 Pier Dr, Davis, IL 61019 since 05 March 2020 and is currently estimated at $109,500. 1483 Pier Dr is a home located in Winnebago County with nearby schools including Durand Elementary School, Durand Junior High School, and Durand High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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