NOT LISTED FOR SALE

1619 Edgewood Ave Lake Summerset, IL 61019

Lake Summerset Neighborhood

Estimated Value: $15,000 - $265,000

0.37 Acre
$378,378 Price per Acre
16,117 Sq Ft Lot

Last Sold December 05, 2024

Last sale price $3,000

Est. 4,567% increase in value since last sale

Current estimated payment $820/month

112 Days on Market

Highlights

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

About This Lot

As of December 2024

Lovely building site with great potential. Come and enjoy Lake Summerset , a gated community. 285 acre lake, 2 marinas, 2 beaches, great fishing, boating, tubing, heated swimming pool and splash pad, tennis, pickle ball, and bocce. All utilities are underground. 90 Miles to O'Hare, 60 miles to Madison

Last Agent to Sell the Property

Patricia Tynan

Best Realty License #475130486 Listed on: 07/19/2024

Last Buyer's Agent

Patricia Tynan

Best Realty License #475130486 Listed on: 07/19/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $104

Lot Details

  • 0.37 Acre Lot
  • Level 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

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
  • Lot Acreage: 0.37
  • Lvt Date: 07/19/2024
  • Type: Land
  • Buildable Lot: Yes
  • Agent Only_ L A1 User Code: 5194
  • Elementary School: Durand Elementary
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Lovely building site with great potential. Come and enjoy Lake Summerset , a gated community. 285 acre lake, 2 marinas, 2 beaches, great fishing, boating, tubing, heated swimming pool and splash pad, tennis, pickle ball, and bocce. All utilities are underground. 90 Miles to O'Hare, 60 miles to Madison
  • Designated Managing Broker Y N: No
  • 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

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 19, 2024
Closed on
Nov 27, 2024
Sold by
Maldonado Raphael C and Maldonado Rafael C
Bought by
Manuel Erwin R and Manuel Maria T
Seller's Agent
Patricia Tynan
Best Realty
Buyer's Agent
Patricia Tynan
Best Realty
List Price
$4,000
Sold Price
$3,000
Premium/Discount to List
-$1,000
-25%
Views
14
Current Estimated Value
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,000
Avg. Annual Appreciation
2991.61%
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
Manuel Erwin R $3,000 Security First Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2024 12/05/24 Sold $3,000 -25.0% --
11/08/2024 11/08/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $4,000 -- --
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 $114 $1,526 $1,526 --
2023 $104 $1,308 $1,308 $0
2022 $50 $604 $604 $0
2021 $51 $556 $556 $0
2020 $51 $535 $535 $0
2019 $50 $521 $521 $0
2018 $140 $1,189 $1,189 $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

  • Patricia Tynan

    Seller's Agent in 2024

    Patricia Tynan

    Best Realty

    (815) 543-2297

    67 in this area

    132 Total Sales

    Patricia Tynan
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202403832

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-226-017

Illinois Winnebago County 61019 Lake Summerset

1619 Edgewood Ave, IL

Not Listed for Sale

Lots

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