NOT LISTED FOR SALE

Estimated Value: $206,000 - $270,000

5 Beds
2 Baths
2,132 Sq Ft
$119/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $155,000 $73 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,884/month

144 Days on Market

Highlights

  • Gated Community
  • Lake View
  • Main Floor Primary Bedroom
  • Durand Elementary School Rated A-
  • Deck
  • Great Room

About This Home

As of January 2024

Lakefront Oasis with Unobstructed Water Views! This stunning home, perched high on a bluff overlooking Lake Summerset, offers unmatched scenery and tranquility. Adjacent to waterfront Harting Park, this property boasts privacy and plenty of green space. Inside, you'll find four bedrooms, including a game room, and two full baths—one on each level. The spacious eat-in kitchen, formal dining area, and generous living room with a brick woodburning fireplace provide the perfect setting for entertaining. The highlight of the home is the giant sunroom on the lake view side, complete with attached decks for outdoor enjoyment. Additionally, a walkout level office offers a private workspace. The home is equipped with a gas forced air furnace and central air for comfort throughout the seasons. With two tuck-under garages, parking and storage are a breeze. While some updates are needed, the home's charm and potential make it a worthwhile investment. Don't miss the chance to create your dream retreat in this exceptional location!

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 07/15/2023

Last Buyer's Agent

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 07/15/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,667

Year Built

  • Built in 1971

Lot Details

  • 0.52 Acre Lot

HOA Fees

  • $78 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Great Room
  • Lake Views

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Garage
  • Tuck Under Parking
  • Driveway

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include pool access, water access, clubhouse

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,667

Year Built

Built in 1971

Lot Details

0

HOA Fees

$78 per month

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Window Treatments
  • Road Frontage: City/Town
  • Type: Gated Community, Lake View, Panorama
  • Electric: Circuit Breaker
  • Additional Room 5: sun room, Dimensions: 27.6x9.6, On Level: Main
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1059
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 64.22
  • General Features: Basement Entrance, County Taxes, Deck, Full Exposure, Great Room, Main Floor Master, Laundry Other, Porch 3 Season, Porch Enclosed
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-WINDSOR SEC 6 LOT 1722
  • Lot Acreage: 0.52
  • Lvt Date: 07/15/2023
  • Number of Main Level Full Bathrooms: 1
  • Number of Upper Level Full Bathrooms: 1
  • Rear: 140
  • Side 1: 202.97
  • Side 2: 242.1
  • Stove Range Fuel: Electric
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: 8498
  • Egress: Yes
  • Elementary School: Durand Elementary
  • Estimated Total Finished Sq Ft: 2132
  • Estimated Upper Sq Ft: 1073
  • Garage Type Driveway: Asphalt, Attached, Under
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Lakefront Oasis with Unobstructed Water Views! This stunning home, perched high on a bluff overlooking Lake Summerset, offers unmatched scenery and tranquility. Adjacent to waterfront Harting Park, this property boasts privacy and plenty of green space. Inside, you'll find four bedrooms, including a game room, and two full baths—one on each level. The spacious eat-in kitchen, formal dining area, and generous living room with a brick woodburning fireplace provide the perfect setting for entertaining. The highlight of the home is the giant sunroom on the lake view side, complete with attached decks for outdoor enjoyment. Additionally, a walkout level office offers a private workspace. The home is equipped with a gas forced air furnace and central air for comfort throughout the seasons. With two tuck-under garages, parking and storage are a breeze. While some updates are needed, the home's charm and potential make it a worthwhile investment. Don't miss the chance to create your dream retreat in this exceptional location!
  • Designated Managing Broker Y N: Yes
  • Estimated Above Grade Sq Ft: 2132
  • L O1 Brokerage Number: 478025436
  • S O1 Brokerage Number: 478025436
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 5
  • Basement Type: Slab
  • Master Bedroom: Dimensions: 11x11, On Level: Main
  • Fireplace Type: Wood
  • Basement: Basement Entrance, Full Exposure, Finished
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Bedroom 4: Dimensions: 23.4x14, On Level: Walk Out
  • Dining Room: Yes, On Level: Main, Dimensions: 12.3x11.8
  • Family Room: Yes, On Level: Walk Out, Dimensions: 23.4x13.1
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 11.5x10, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 22.9x11.8
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 72.7
  • Total Bathrooms: 2

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 932

Schools

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

Building Info

  • Year Built: 1971

Tax Info

  • Year: 2022
  • Taxes: 4667

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 15, 2023
Closed on
Jan 12, 2024
Sold by
Thaddeus G Kulpaka Declaration Of Trust
Bought by
Beidler Michael
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$185,000
Sold Price
$155,000
Premium/Discount to List
-$30,000
-16.22%
Views
636
Current Estimated Value
$252,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,759
Avg. Annual Appreciation
26.99%
Original Mortgage
$124,000
Outstanding Balance
$116,071
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$117,161

Purchase Details

Closed on
Sep 2, 2021
Sold by
Trust Number 7123
Bought by
Thaddeus G Kulpaka Declaration Of Trust
Source: Public Records

Range of Values:

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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
Beidler Michael $155,000 Security First Title
Thaddeus G Kulpaka Declaration Of Trust -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beidler Michael $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold $155,000 -16.2% $73 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $185,000 +19.4% $87 / Sq Ft
12/01/2023 12/01/23 Off Market $155,000 -- --
11/05/2023 11/05/23 For Sale $185,000 +19.4% $87 / Sq Ft
11/05/2023 11/05/23 Off Market $155,000 -- --
10/29/2023 10/29/23 For Sale $185,000 +19.4% $87 / Sq Ft
10/29/2023 10/29/23 Off Market $155,000 -- --
10/05/2023 10/05/23 For Sale $185,000 0.0% $87 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $185,000 -17.7% $87 / Sq Ft
08/08/2023 08/08/23 Price Changed $224,900 -9.7% $105 / Sq Ft
07/15/2023 07/15/23 For Sale $249,000 -- $117 / Sq Ft
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 $5,661 $74,293 $2,281 $72,012
2023 $5,158 $63,662 $1,955 $61,707
2022 $4,668 $56,236 $1,744 $54,492
2021 $4,833 $51,783 $1,606 $50,177
2020 $4,816 $49,825 $1,545 $48,280
2019 $4,751 $48,563 $1,506 $47,057
2018 $5,018 $46,619 $1,446 $45,173
2017 $4,849 $45,705 $1,418 $44,287
2016 $5,151 $45,705 $1,418 $44,287
2015 $5,155 $45,705 $1,418 $44,287
2014 $5,093 $45,705 $1,418 $44,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202303969

NorthWest Illinois Alliance of REALTORS®

APN: 05-07-227-002