NOT LISTED FOR SALE

1501 Pier Dr Davis, IL 61019

Lake Summerset Neighborhood

Estimated Value: $17,000 - $92,000

0.42 Acre
$92,510 Price per Acre
18,295 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $14,500

Est. 261% increase in value since last sale

Current estimated payment $355/month

11 Days on Market

Highlights

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

About This Lot

As of October 2021

Lake Summerset vacant lot close to beach, lodge, front gate and marina. Nicely wooded with slop from left to right. Some water views. Lake Summerset is known for it's great beaches, excellent fishing and watersports and a low key casual lifestyle. You never have to build unless you want to. Contact your realtor for a visitors pass and see for yourself.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 08/29/2021

Last Buyer's Agent

Scott Wilke

Best Realty License #471.020358

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $169

Lot Details

  • 0.42 Acre Lot
  • Wooded Lot

HOA Fees

  • $67 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

$169

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Class: LAND
  • Front: 64
  • General Features: County Taxes
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-SAYBROOK SEC 7 LOT 1501
  • Lot Acreage: 0.42
  • Lvt Date: 08/29/2021
  • Rear: 212
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 231
  • Side R: 210
  • Agent Only_ L A1 User Code: 8498
  • Elementary School: Durand Elementary
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Lake Summerset vacant lot close to beach, lodge, front gate and marina. Nicely wooded with slop from left to right. Some water views. Lake Summerset is known for it's great beaches, excellent fishing and watersports and a low key casual lifestyle. You never have to build unless you want to. Contact your realtor for a visitors pass and see for yourself.
  • 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: 800

Lot Info

  • Topography: See Remarks
  • Land Features: Gated Community, Water View, Wooded

Tax Info

  • Year: 2020
  • Taxes: 169

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
Aug 29, 2021
Closed on
Oct 11, 2021
Sold by
Vormezeele Donald J and Sagona Mary Irene
Bought by
Hudson Construction Services Inc
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Scott Wilke
Best Realty
List Price
$14,500
Sold Price
$14,500
Current Estimated Value
$52,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,835
Avg. Annual Appreciation
25.83%

Purchase Details

Listed on
Jun 26, 2013
Closed on
May 14, 2019
Sold by
Turek Carl M and Turek Donna L
Bought by
Vormezeele Donald J and Sagona Mary Irene
Seller's Agent
Nancy Weaver
Best Realty
Buyer's Agent
Mark Savala
Morgan Realty, Inc.
List Price
$32,000
Sold Price
$15,000
Premium/Discount to List
-$17,000
-53.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.39%

Purchase Details

Closed on
Nov 30, 2017
Sold by
Turek Carl M and Turek Donna L
Bought by
Turek Carl M and Turek Donna L

Purchase Details

Closed on
Jun 10, 1999
Bought by
Turek Carl M and Turek Donna L
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
Hudson Construction Services Inc $14,500 Security First Title
Vormezeele Donald J $15,000 Security First Title
Turek Carl M -- None Listed On Document
Turek Carl M $16,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2021 10/15/21 Sold $14,500 0.0% --
09/09/2021 09/09/21 Pending -- -- --
08/29/2021 08/29/21 For Sale $14,500 -3.3% --
05/17/2019 05/17/19 Sold $15,000 -24.6% -- View Prior Sale
04/25/2019 04/25/19 Pending -- -- --
06/29/2018 06/29/18 Price Changed $19,900 -37.8% --
06/26/2013 06/26/13 For Sale $32,000 -- --
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 --
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 $448 $4,339 $4,339 $0
2017 $445 $4,254 $4,254 $0
2016 $474 $4,254 $4,254 $0
2015 $237 $4,254 $4,254 $0
2014 $469 $4,254 $4,254 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Morgan

    Seller's Agent in 2021

    Don Morgan

    Morgan Realty, Inc.

    (815) 656-4162

    97 in this area

    295 Total Sales

    Don Morgan
    Section Image
  • Scott Wilke

    Buyer's Agent in 2021

    Scott Wilke

    Best Realty

    (815) 793-5831

    45 in this area

    169 Total Sales

    Scott Wilke
    Section Image

  • N

    Seller's Agent in 2019

    Nancy Weaver

    Best Realty

    Section Image

  • M

    Buyer's Agent in 2019

    Mark Savala

    Morgan Realty, Inc.

    Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202105450

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-426-001

Illinois Winnebago County Davis 61019 Lake Summerset

1501 Pier Dr, Davis, IL

Not Listed for Sale

Lots

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