NOT LISTED FOR SALE

Estimated Value: $28,000 - $52,000

0.34 Acre
$117,647 Price per Acre
14,810 Sq Ft Lot

Sale Details

Date Sold: July 30, 2025

Last sale price $2,000

Est. 5,067% increase in value since last sale

Current estimated payment $662 / mo

407 Days on Market

Highlights

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

About This Lot

As of July 2025

1745 Lake Summerset Rd is conveniently located near the automatic east gate, dog park, marina / boat launch and just down the way from the pool and tennis courts. 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: 06/13/2024

Last Buyer's Agent

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 06/13/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $106

Lot Details

  • 14,810 Sq Ft Lot
  • Level Lot

HOA Fees

  • $92 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

$106

Lot Details

0.34 Acres

HOA Fees

$92 per month

Listing Details

  • Class: LAND
  • General Features: County Taxes
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-WINDSOR SEC 6 LOT 1746
  • Lot Acreage: 0.34
  • Lvt Date: 06/13/2024
  • Type: Land
  • Buildable Lot: Yes
  • Agent Only_ L A1 User Code: 8498
  • Elementary School: Durand Elementary
  • Hold Earnest Money Y N: No
  • Pertinent Facts: 1745 Lake Summerset Rd is conveniently located near the automatic east gate, dog park, marina / boat launch and just down the way from the pool and tennis courts. 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: 1099

Lot Info

  • Topography: Level
  • Land Features: Gated Community

Tax Info

  • Year: 2023
  • Taxes: 106

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
Jun 13, 2024
Closed on
Jul 30, 2025
Sold by
Penticoff Richard E
Bought by
Maiella Robert and Maiella Bonnie
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$2,250
Sold Price
$2,000
Premium/Discount to List
-$250
-11.11%
Views
47
Current Estimated Value
$103,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,333
Avg. Annual Appreciation
4555.72%

Purchase Details

Listed on
Aug 11, 2017
Closed on
Jan 26, 2018
Sold by
Hepburn Robert E & J A Trust
Bought by
Penticoff Richard E
Seller's Agent
Mark Savala
Morgan Realty, Inc.
Buyer's Agent
Mark Savala
Morgan Realty, Inc.
List Price
$1,800
Sold Price
$1,500
Premium/Discount to List
-$300
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
Sep 13, 2002
Bought by
Hepburn Robert E and Hepburn Joyce A
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Maiella Robert $2,000 Security First Title
Penticoff Richard E $1,500 Security First Title
Penticoff Richard E $1,500 Security First Title
Hepburn Robert E $4,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2025 07/30/25 Sold $2,000 -11.1% --
07/25/2025 07/25/25 Pending -- -- --
07/24/2025 07/24/25 For Sale $2,250 0.0% --
07/08/2025 07/08/25 Pending -- -- --
06/10/2025 06/10/25 Price Changed $2,250 -22.4% --
09/18/2024 09/18/24 Price Changed $2,900 -35.6% --
06/13/2024 06/13/24 For Sale $4,500 +200.0% --
01/26/2018 01/26/18 Sold $1,500 -16.7% -- View Prior Sale
12/27/2017 12/27/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $1,800 -- --
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 $116 $1,526 $1,526 --
2023 $106 $1,308 $1,308 $0
2022 $50 $604 $604 $0
2021 $52 $556 $556 $0
2020 $52 $535 $535 $0
2019 $51 $521 $521 $0
2018 $124 $1,189 $1,189 $0
2017 $124 $1,166 $1,166 $0
2016 $160 $1,418 $1,418 $0
2015 $80 $1,418 $1,418 $0
2014 $158 $1,418 $1,418 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202402995

NorthWest Illinois Alliance of REALTORS®

APN: 05-07-251-013

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