NOT LISTED FOR SALE

Estimated Value: $15,491 - $259,000

0.53 Acre
$162,968 Price per Acre
23,087 Sq Ft Lot

Last Sold November 12, 2021

Last sale price $11,000

Est. 681% increase in value since last sale

Current estimated payment $492/month

26 Days on Market

About This Lot

As of November 2021

Lake life is closer than you think! Located in the gated community of Lake Summerset, this fabulous half-acre lot has seasonal lake views in a prime location close to the beach and marina with easy access to the front gate. Lake Summerset has so much to offer! Two beaches and marinas, a pool, spray garden, tennis, pickle ball, bocci ball, playgrounds, dog park, a community garden, and several organized clubs to join plus a private campground if you're not ready to build. Underground utilities, city sewer and water.

Last Agent to Sell the Property

Stacey Corcoran

Coldwell Banker Realty License #475160616 Listed on: 09/23/2021

Coldwell Banker Realty

Last Buyer's Agent

Scott Wilke

Best Realty License #471020358

Property Details

Property Type

  • Land

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Type: Land
  • General Information: None
  • Directions: Lake Summerset Rd left on Edgewood, left on Chadbourne, right on Pier.
  • Road Frontage Type: City Street
  • Lot Size: 66 X 268 X 103 X 232
  • Ownership: Fee Simple w/ HO Assn.
  • Road Surface Type: Other
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Well-Community

Schools

  • Junior High Dist: 322

Lot Info

  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 441.64
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 19, 2021
Sold by
Heiss and Jodi
Bought by
Hudson Construction Services Inc
Seller's Agent
Stacey Corcoran
Coldwell Banker Realty
Buyer's Agent
Scott Wilke
Best Realty
List Price
$14,500
Sold Price
$11,000
Premium/Discount to List
-$3,500
-24.14%
Current Estimated Value
$85,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,863
Avg. Annual Appreciation
63.92%

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 15, 2021
Sold by
Heiss Craig and Heiss Jodi
Bought by
Hudson Construction Services Inc
Seller's Agent
Stacey Corcoran
Coldwell Banker Realty
Buyer's Agent
Scott Wilke
Best Realty
List Price
$14,500
Sold Price
$11,000
Premium/Discount to List
-$3,500
-24.14%

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 8, 2021
Sold by
Heiss and Jodi
Bought by
Hudson Construction Services Inc
Seller's Agent
Stacey Corcoran
Coldwell Banker Realty
Buyer's Agent
Scott Wilke
Best Realty
List Price
$14,500
Sold Price
$11,000
Premium/Discount to List
-$3,500
-24.14%

Purchase Details

Listed on
Aug 26, 2020
Closed on
Nov 6, 2020
Sold by
Jgm Trust
Bought by
Heiss Craig and Heiss Jodi
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$9,975
Sold Price
$9,250
Premium/Discount to List
-$725
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.92%
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 $11,000 Huber Paul J
Hudson Construction Services Inc $11,000 Huber Paul J
Hudson Construction Services Inc $11,000 Huber Paul J
Heiss Craig $9,500 Security First Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2021 11/12/21 Sold $11,000 -24.1% --
10/20/2021 10/20/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $14,500 +56.8% --
11/12/2020 11/12/20 Sold $9,250 -7.3% -- View Prior Sale
10/07/2020 10/07/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $9,975 -- --
Source: Midwest Real Estate Data (MRED)

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 $518 $6,916 $6,916 --
2022 $427 $5,235 $5,235 $0
2021 $443 $4,820 $4,820 $0
2020 $442 $4,638 $4,638 $0
2019 $436 $4,520 $4,520 $0
2018 $461 $4,339 $4,339 $0
2017 $445 $4,254 $4,254 $0
2016 $474 $4,254 $4,254 $0
2015 $474 $4,254 $4,254 $0
2014 $469 $4,254 $4,254 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11227146

Midwest Real Estate Data (MRED)

APN: 05-06-253-043