NOT LISTED FOR SALE

Estimated Value: $153,333

0.38 Acre
$403,508 Price per Acre
16,553 Sq Ft Lot

Sale Details

Date Sold: July 7, 2020

Last sale price $4,500

Est. 3,307% increase in value since last sale

Current estimated payment $924 / mo

75 Days on Market

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 Agent to Sell the Property

Don Morgan

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

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

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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

  • 16,553 Sq Ft Lot
  • Water Views

Community Details

  • Gated Community

Property Details

Property Type

Land

Lot Details

0.38 Acres

HOA Fees

$64 per month

Listing Details

  • Class: LAND
  • Front: 69
  • General Features: County Taxes
  • 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!
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 765

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

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

Closed on
Nov 3, 2023
Sold by
Bought by
Current Estimated Value
$153,333

Purchase Details

Listed on
Mar 5, 2020
Closed on
Jul 7, 2020
Sold by
Bought by
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
78.33%

Purchase Details

Listed on
Jul 31, 2016
Closed on
Dec 23, 2016
Sold by
Bought by
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
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%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lake Summerset, IL

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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
-- None Listed On Document
$4,500 Security First Title
$4,500 Security First Title
$8,000 Security First Title
$10,000 --
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 Prior Sale
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% -- View Prior Sale
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% -- View Prior Sale
03/19/2014 03/19/14 Pending -- -- --
10/04/2013 10/04/13 For Sale $9,000 -- --
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
2025 $204 $2,941 $2,941
2024 $199 $2,656 $2,656
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

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202001130

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-426-020

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