NOT LISTED FOR SALE

Estimated Value: $185,000 - $255,000

0.43 Acre
$506,726 Price per Acre
18,731 Sq Ft Lot

Last Sold May 15, 2020

Last sale price $135,000

Est. 64% increase in value since last sale

Current estimated payment $1,394/month

151 Days on Market

Highlights

  • Gated Community
  • Waterfront
  • Creek On Lot
  • Durand Elementary School Rated A-

About This Lot

As of May 2020

Spectacular Lake Front Property. You MUST WALK this lot to get the true Lakefront Experience to appreciate the 187 ft. Shoreline. This lot is 3 times the width of most LF lots. Perfectly located between the Beach and Marina and at the widest part of the Lake. The Southern Exposure allows cool breezes off the water during the summer. Your Builder will elevate the ground level to give a Full Walkout Southern Exposure. This property offers such a Beautiful view of the Water & Wooded shoreline across the lake.

Last Agent to Sell the Property

Julie Humpal

Re/Max Property Source License #471.020727 Listed on: 10/03/2019

Re/Max Property Source

Last Buyer's Agent

Don Morgan

Morgan Realty, Inc. License #471013558

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,786

Lot Details

  • 0.43 Acre Lot
  • Waterfront

HOA Fees

  • $62 Monthly HOA Fees

Schools

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

Community Details

Recreation

  • Creek On Lot

Additional Features

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,786

Lot Details

0

HOA Fees

$62 per month

Listing Details

  • Class: LAND
  • Front: 80
  • General Features: County Taxes, Exposure Possible
  • Hoa Fee Frequency: Yearly
  • Legal Description: Lot 1539, Section 7 Saybrook, Lake Summerset Subd.
  • Lot Acreage: 0.43
  • Lvt Date: 10/04/2019
  • Rear: 187
  • Type: Land
  • Buildable Lot: Yes
  • Min2 Story Sq Footage: 1200
  • Min Ranch Sq Footage: 1000
  • Side L: 100
  • Side R: 258
  • Agent Only_ L A1 User Code: 4165
  • Elementary School: Durand Elementary
  • Pertinent Facts: Spectacular Lake Front Property. You MUST WALK this lot to get the true Lakefront Experience to appreciate the 187 ft. Shoreline. This lot is 3 times the width of most LF lots. Perfectly located between the Beach and Marina and at the widest part of the Lake. The Southern Exposure allows cool breezes off the water during the summer. Your Builder will elevate the ground level to give a Full Walkout Southern Exposure. This property offers such a Beautiful view of the Water & Wooded shoreline across the lake.
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 740

Lot Info

  • Land Features: Creek/Pond, Gated Community, Water Front

Tax Info

  • Year: 2018
  • Taxes: 1786

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
Oct 3, 2019
Closed on
May 8, 2020
Sold by
Luann Zimmick
Bought by
Bongiorno Raymond J
Seller's Agent
Julie Humpal
Re/Max Property Source
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$162,900
Sold Price
$135,000
Premium/Discount to List
-$27,900
-17.13%
Current Estimated Value
$221,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,674
Avg. Annual Appreciation
8.81%

Purchase Details

Closed on
Nov 9, 2004
Bought by
Zimmick Luann and Mitchell Beth Ann
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
Bongiorno Raymond J $135,000 Security First Title
Zimmick Luann $169,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $135,000 -17.1% --
03/02/2020 03/02/20 Pending -- -- --
10/03/2019 10/03/19 For Sale $162,900 -- --
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 $2,066 $27,573 $27,573 --
2022 $1,702 $20,871 $20,871 $0
2021 $1,766 $19,218 $19,218 $0
2020 $1,761 $18,491 $18,491 $0
2019 $1,738 $18,022 $18,022 $0
2018 $1,839 $17,301 $17,301 $0
2017 $1,776 $16,962 $16,962 $0
2016 $1,889 $16,962 $16,962 $0
2015 $1,891 $16,962 $16,962 $0
2014 $1,868 $16,962 $16,962 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201906434

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-403-011