NOT LISTED FOR SALE

1594 Larchmont Rd Davis, IL 61019

Lake Summerset Neighborhood

Estimated Value: $46,000

0.42 Acres
$109,524 Price per Acre
18,295 Sq Ft Lot

Last Sold August 15, 2024

Last sale price $3,500

Est. 1,214% increase in value since last sale

Current estimated payment $331/month

Highlights

  • Gated Community
  • Wooded Lot
  • Level Lot
  • Durand Elementary School Rated A-

About This Lot

As of August 2024

Lake Summerset Wooded Lot with mature trees. The private community of Lake Summerset is legendary for its excellent fishing, with state record trophy muskies and huge bass. Great walleye and panfishing as well. We offer two pristine beaches, water skiing, tubing, and the opportunity to raft up pontoons and float the day away in the bays. Our 24/7 manned, guarded entry gate maximizes privacy and security. The area also includes attractive and affordable private campgrounds, twelve waterfront parks, two marinas, and a seasonal outdoor pool. The homes and grounds are well-maintained, and the community enjoys high-quality drinking water, underground utilities for a dark sky community, and friendly neighbors who are happy to be here. Conveniently located just 90 minutes from O'Hare Airport and 55 minutes from downtown Madison, Lake Summerset is an ideal place to be fulltime or whenever your time allows to get away.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 07/24/2024

Last Buyer's Agent

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 07/24/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $104

Lot Details

  • 0.42 Acre Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $85 Monthly HOA Fees

Schools

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

Community Details

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$104

Lot Details

0.42 Acres

HOA Fees

$85 per month

Listing Details

  • Class: LAND
  • General Features: County Taxes
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-SAYBROOK SEC 7 LOT 1594
  • Lot Acreage: 0.42
  • Lvt Date: 07/24/2024
  • Type: Land
  • Buildable Lot: Yes
  • Agent Only_ L A1 User Code: 8498
  • Elementary School: Durand Elementary
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Lake Summerset Wooded Lot with mature trees. The private community of Lake Summerset is legendary for its excellent fishing, with state record trophy muskies and huge bass. Great walleye and panfishing as well. We offer two pristine beaches, water skiing, tubing, and the opportunity to raft up pontoons and float the day away in the bays. Our 24/7 manned, guarded entry gate maximizes privacy and security. The area also includes attractive and affordable private campgrounds, twelve waterfront parks, two marinas, and a seasonal outdoor pool. The homes and grounds are well-maintained, and the community enjoys high-quality drinking water, underground utilities for a dark sky community, and friendly neighbors who are happy to be here. Conveniently located just 90 minutes from O'Hare Airport and 55 minutes from downtown Madison, Lake Summerset is an ideal place to be fulltime or whenever your time allows to get away.
  • 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: 1015

Lot Info

  • Topography: Level
  • Land Features: Gated Community, Wooded

Tax Info

  • Year: 2023
  • Taxes: 104

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
Jul 24, 2024
Closed on
Aug 9, 2024
Sold by
Crane Peter S
Bought by
Mckee Kara and Tassoni Joseph
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$3,500
Sold Price
$3,500
Current Estimated Value
$46,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,500
Avg. Annual Appreciation
432.63%

Purchase Details

Closed on
Dec 11, 2015
Sold by
Lakeridge Homes Llc
Bought by
Crane Peter S
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
Mckee Kara $3,500 Security First Title
Crane Peter S -- Security First Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2024 08/15/24 Sold $3,500 0.0% --
07/24/2024 07/24/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $3,500 -- --
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 $114 $1,526 $1,526 --
2022 $49 $604 $604 $0
2021 $51 $556 $556 $0
2020 $51 $535 $535 $0
2019 $50 $521 $521 $0
2018 $103 $458 $458 $0
2017 $122 $1,166 $1,166 $0
2016 $158 $1,418 $1,418 $0
2015 $158 $1,418 $1,418 $0
2014 $156 $1,418 $1,418 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Morgan

    Seller's Agent in 2024

    Don Morgan

    Morgan Realty, Inc.

    (815) 656-4162

    96 in this area

    293 Total Sales

    Don Morgan
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202403925

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-203-013

Illinois Winnebago County Davis 61019 Lake Summerset

1594 Larchmont Rd, Davis, IL

Not Listed for Sale

Lots

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NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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