NOT LISTED FOR SALE

Estimated Value: $11,602 - $258,000

0.36 Acre
$215,003 Price per Acre
15,682 Sq Ft Lot

Last Sold February 24, 2022

Last sale price $8,500

Est. 922% increase in value since last sale

Current estimated payment $538/month

8 Days on Market

About This Lot

As of February 2022

BEAUTIFUL LAKE VIEWS!!! LOT HAS FULL SOUTHERN EXPOSURE WITH A SLIGHT GRADE UP FROM THE ROAD TO THE BACK OF THE LOT. NEAR MARINA, FRONT GATE, LODGE & BEACH. ENJOY GREAT FISHING, SWIMMING, BOATING, WATER SKIING, BOCCI BALL, TENNIS, CAMPING IN THE CAMPGROUNDS, CHILDREN'S WATER SLIDE, DOG PARK, AND MANY SMALL PARKS LOCATED THROUGHOUT THE COMMUNITY. GAS AND ELECTRIC HOOKUP AT THE STREET. LAKE SUMMERSET IS LOCATED JUST 90 MINUTES FROM OHARE AND 60 MINUTES FROM MADISON.

Last Agent to Sell the Property

Nancy Weaver

Best Realty License #475130383 Listed on: 01/04/2022

Last Buyer's Agent

Greg Raymond

Realty Select, LLC License #471020712

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $170

Lot Details

  • 0.36

HOA Fees

  • $67 Monthly HOA Fees

Schools

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

Additional Features

  • 0.36 Acre Lot
  • Water Views

Property Details

Property Type

Land

Est. Annual Taxes

$170

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Class: LAND
  • Front: 75
  • General Features: County Taxes, Exposure Possible
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET - SAYBROOK SEC 7 LOT 1484
  • Lot Acreage: 0.36
  • Lvt Date: 01/04/2022
  • Rear: 95
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 200
  • Side R: 205
  • Agent Only_ L A1 User Code: 4021
  • Elementary School: Durand Elementary
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: BEAUTIFUL LAKE VIEWS!!! LOT HAS FULL SOUTHERN EXPOSURE WITH A SLIGHT GRADE UP FROM THE ROAD TO THE BACK OF THE LOT. NEAR MARINA, FRONT GATE, LODGE & BEACH. ENJOY GREAT FISHING, SWIMMING, BOATING, WATER SKIING, BOCCI BALL, TENNIS, CAMPING IN THE CAMPGROUNDS, CHILDREN'S WATER SLIDE, DOG PARK, AND MANY SMALL PARKS LOCATED THROUGHOUT THE COMMUNITY. GAS AND ELECTRIC HOOKUP AT THE STREET. LAKE SUMMERSET IS LOCATED JUST 90 MINUTES FROM OHARE AND 60 MINUTES FROM MADISON.
  • Designated Managing Broker Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 800

Lot Info

  • Topography: See Remarks
  • Land Features: Water View

Tax Info

  • Year: 2020
  • Taxes: 170

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 4, 2022
Closed on
Feb 24, 2022
Sold by
Damon Sandra M
Bought by
Kuna Daiana Kathy and Kuna Danuta
Seller's Agent
Nancy Weaver
Best Realty
Buyer's Agent
Greg Raymond
Realty Select, LLC
List Price
$9,800
Sold Price
$8,500
Premium/Discount to List
-$1,300
-13.27%
Current Estimated Value
$86,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,386
Avg. Annual Appreciation
76.71%

Purchase Details

Listed on
Aug 17, 2017
Closed on
May 14, 2018
Sold by
Jeremy Gaughan and Jeremy Alise
Bought by
Damon Sandra M
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Nancy Weaver
Best Realty
List Price
$8,000
Sold Price
$5,000
Premium/Discount to List
-$3,000
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.07%
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
Kuna Daiana Kathy $8,500 Security First Title
Damon Sandra M $5,000 Security First Title
Damon Sandra M $5,000 Security First Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2022 02/24/22 Sold $8,500 -13.3% --
01/12/2022 01/12/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $9,800 +96.0% --
05/18/2018 05/18/18 Sold $5,000 -37.5% -- View Prior Sale
04/25/2018 04/25/18 Pending -- -- --
08/17/2017 08/17/17 For Sale $8,000 +60.0% --
03/28/2014 03/28/14 Sold $5,000 -44.4% -- View Prior Sale
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
2024 $199 $2,656 $2,656 --
2022 $166 $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 $564 $5,303 $5,303 $0
2017 $544 $5,199 $5,199 $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: 202200009

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-426-019