NOT LISTED FOR SALE

1542 Pier Dr Davis, IL 61019

Lake Summerset Neighborhood

Estimated Value: $343,000 - $501,000

3 Beds
1.5 Baths
1,350 Sq Ft
$323/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $345,900 $256 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,280/month

1 Day on Market

Highlights

  • Second Kitchen
  • Gated Community
  • Deck
  • Durand Elementary School Rated A-
  • Waterfront
  • Vaulted Ceiling

About This Home

As of May 2021

The best views on the lake! Panoramic southern and westerly views of Lake Summerset. Two full walls of windows providing beach and main lake body overlooks. Open concept floor plan with vaulted ceilings throughout the home. Many many newers including, roof, gutters, downspouts, deck, patio door, windows, furnace, AC, water softener, water heater, washer, dryer, UV shades, stove, fridge and dishwasher. ( all items within the last four years). 65 foot deep water rip-rap shoreline with roll in dock and the finest bass fishing in the county. Lake Summerset is known for it's slower pace of lifestyle and is a private gated community providing very light traffic on the roadways. Golf carts and scooters on the roads is a part of life here. This home has easy access to the front gate, beach and marina.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 03/19/2021

Last Buyer's Agent

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 03/19/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,499

Lot Details

  • 0.36 Acre Lot
  • Waterfront

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof
  • Siding
  • Active Radon Mitigation

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments

Kitchen

  • Second Kitchen
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2.5 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener

Community Details

Overview

  • Association fees include pool access, water access, clubhouse

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,499

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Ceiling-Vaults/Cathedral, CO Detectors, Radon Mitigation Active, Second Kitchen, Smoke Detectors, Window Treatments
  • Road Frontage: City/Town
  • Type: Gated Community, Water Front, Panorama
  • Electric: Circuit Breaker
  • Additional Room 5: 2ndkitch, Dimensions: 15.2x8, On Level: Walk Out
  • Additional Room 6: garage, Dimensions: 23.3x23.4, On Level: Main
  • Additional Room 7: Laund/Bth, Dimensions: 11.5x11.1, On Level: Main
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1350
  • Estimated Below Grade Finished Sq Ft: 772
  • Exemptions: Owner
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 60
  • General Features: Basement Entrance, County Taxes, Deck, Full Exposure, Laundry 1st Floor, L.L. Finished Space, Main Floor Master
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-SAYBROOK SEC 7 LOT 1542
  • Lot Acreage: 0.36
  • Lvt Date: 03/19/2021
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Rear: 65.8
  • Side 1: 245
  • Side 2: 275.6
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 8498
  • Elementary School: Durand Elementary
  • Garage Type Driveway: Asphalt, Attached, Garage Remote/Opener
  • Pertinent Facts: The best views on the lake! Panoramic southern and westerly views of Lake Summerset. Two full walls of windows providing beach and main lake body overlooks. Open concept floor plan with vaulted ceilings throughout the home. Many many newers including, roof, gutters, downspouts, deck, patio door, windows, furnace, AC, water softener, water heater, washer, dryer, UV shades, stove, fridge and dishwasher. ( all items within the last four years). 65 foot deep water rip-rap shoreline with roll in dock and the finest bass fishing in the county. Lake Summerset is known for it's slower pace of lifestyle and is a private gated community providing very light traffic on the roadways. Golf carts and scooters on the roads is a part of life here. This home has easy access to the front gate, beach and marina.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 11.6x16, On Level: Main
  • Fireplace Type: Wood
  • Basement: Basement Entrance, Full Exposure, Finished
  • Bedroom 2: Dimensions: 8.2x14, On Level: Main
  • Bedroom 3: Dimensions: 11.5x15.1, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 11.5x12
  • Family Room: Yes, On Level: Walk Out, Dimensions: 26.6x23.4
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 11.4x15.5, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 23.5x11.9
  • Number Of Fireplaces: 1
  • Recreation Room: No
  • Total Bathrooms: 1.5
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Fees: 800

Tax Info

  • Year: 2019
  • Taxes: 5499

MLS Schools

  • HighSchool: Durand High
  • School District: Durand 322
  • Middle School: Durand Jr High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2023
Sold by
Lapine Robert J and Lapine Nancy R
Bought by
Lapine Living Trust and Lapine
Current Estimated Value
$472,676

Purchase Details

Closed on
Nov 10, 2023
Sold by
Lapine Robert J and Lapine Nancy R
Bought by
Lapine Living Trust and Lapine

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 25, 2021
Sold by
Deans Robert B and Deans Marla L
Bought by
Lapine Robert J and Lapine Nancy R
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$345,900
Sold Price
$345,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$89,900
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2016
Closed on
Feb 24, 2017
Sold by
Neuberger Harold F
Bought by
Deans Robert B and Deans Marla L
Seller's Agent
Curt Knapp
Century 21 Affiliated
Buyer's Agent
Non Member
NON MEMBER
List Price
$209,900
Sold Price
$180,000
Premium/Discount to List
-$29,900
-14.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.66%
Original Mortgage
$110,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lapine Living Trust -- None Listed On Document
Lapine Living Trust -- None Listed On Document
Lapine Robert J $346,000 Security First Title
Deans Robert B $180,000 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lapine Robert J $89,900
Previous Owner Deans Robert B $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2021 05/25/21 Sold $345,900 0.0% $256 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $345,900 +92.2% $256 / Sq Ft
02/27/2017 02/27/17 Sold $180,000 -5.2% $85 / Sq Ft View Prior Sale
10/04/2016 10/04/16 Pending -- -- --
09/13/2016 09/13/16 Price Changed $189,900 -5.0% $89 / Sq Ft
07/13/2016 07/13/16 Price Changed $199,900 -4.8% $94 / Sq Ft
03/17/2016 03/17/16 For Sale $209,900 -- $99 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $9,075 $132,108 $27,296 $104,812
2022 $7,257 $100,000 $20,871 $79,129
2021 $5,348 $67,210 $19,218 $47,992
2020 $5,586 $64,668 $18,491 $46,177
2019 $5,500 $63,029 $18,022 $45,007
2018 $6,120 $60,506 $17,301 $43,205
2017 $6,210 $59,320 $16,962 $42,358
2016 $6,606 $59,320 $16,962 $42,358
2015 $6,612 $59,320 $16,962 $42,358
2014 $5,909 $59,320 $16,962 $42,358
Source: Public Records

Agents Affiliated with this Home

  • Don Morgan

    Seller's Agent in 2021

    Don Morgan

    Morgan Realty, Inc.

    (815) 656-4162

    96 in this area

    295 Total Sales

    Don Morgan
    Section Image

  • C

    Seller's Agent in 2017

    Curt Knapp

    Century 21 Affiliated

  • N

    Buyer's Agent in 2017

    Non Member

    NON MEMBER

See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202100883

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-403-014

Illinois Winnebago County Davis 61019 Lake Summerset

1542 Pier Dr, Davis, IL

Not Listed for Sale

Detached

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