NOT LISTED FOR SALE

Estimated Value: $87,000 - $94,000

0.42 Acre
$215,476 Price per Acre
18,295 Sq Ft Lot

Last Sold March 22, 2023

Last sale price $3,000

Est. 2,917% increase in value since last sale

Current estimated payment $559/month

271 Days on Market

About This Lot

As of March 2023

Beautiful eastern views from this nice building lot in Lake Summerset. Easy care with no trees and all the benefits of Lake Summerset membership. Fish, Ski, snowmobile, hike, camp, bike.. it's all here.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 06/01/2022

Last Buyer's Agent

Mark Savala

Morgan Realty, Inc. License #475126259

Property Details

Property Type

  • Land

Lot Details

  • 0.42 Acre Lot
  • Sloped Lot

HOA Fees

  • $78 Monthly HOA Fees

Schools

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

Community Details

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$78 per month

Listing Details

  • Class: LAND
  • Front: 75
  • General Features: County Taxes
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-WINDSOR SEC 6 LOT 1866
  • Lot Acreage: 0.42
  • Lvt Date: 06/01/2022
  • Rear: 94.03
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 276.26
  • Side R: 221.53
  • Agent Only_ L A1 User Code: 8498
  • Elementary School: Durand Elementary
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Beautiful eastern views from this nice building lot in Lake Summerset. Easy care with no trees and all the benefits of Lake Summerset membership. Fish, Ski, snowmobile, hike, camp, bike.. it's all here.
  • 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: 932

Lot Info

  • Topography: Slope to Rear
  • Land Features: Gated Community

Tax Info

  • Year: 2021
  • Taxes: 52

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 1, 2022
Closed on
Mar 22, 2023
Sold by
Horrell Living Trust
Bought by
Swenson Dave and Swenson Kim
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Mark Savala
Morgan Realty, Inc.
List Price
$5,500
Sold Price
$3,000
Premium/Discount to List
-$2,500
-45.45%
Views
2
Current Estimated Value
$90,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,500
Avg. Annual Appreciation
240.57%

Purchase Details

Listed on
Jun 1, 2022
Closed on
Mar 20, 2023
Sold by
Horrell Living Trust
Bought by
Swenson Dave and Swenson Kim
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Mark Savala
Morgan Realty, Inc.
List Price
$5,500
Sold Price
$3,000
Premium/Discount to List
-$2,500
-45.45%
Views
2

Purchase Details

Closed on
May 20, 2020
Sold by
Horrell David N and Horrell Yvonne
Bought by
Horrell Living Trust

Purchase Details

Closed on
May 15, 2020
Sold by
Horrell David N and Horrell Yvonne
Bought by
Horrell Living Trust and Horrell

Purchase Details

Closed on
May 4, 2020
Sold by
Horrell David N and Horrell Yvonne
Bought by
Horrell Living Trust

Purchase Details

Listed on
Jul 16, 2018
Closed on
Aug 3, 2018
Sold by
Mark Mcfall
Bought by
Horrell David N and Horrell Yvonne
Seller's Agent
Kandy Tiffany-Morgan
Morgan Realty, Inc.
Buyer's Agent
Mark Savala
Morgan Realty, Inc.
List Price
$2,000
Sold Price
$1,800
Premium/Discount to List
-$200
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.79%

Purchase Details

Closed on
Nov 5, 2007
Bought by
Savala Mark
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
Swenson Dave $3,000 Security First Title
Swenson Dave $3,000 Security First Title
Horrell Living Trust -- Bonstrom Courtney
Horrell Living Trust -- Bonstrom Courtney
Horrell Living Trust -- Bonstrom Courtney
Horrell Living Trust -- Bonstrom Courtney
Horrell David N $1,800 Security First Title
Horrell David N $2,000 Security First Title
Savala Mark $15,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2023 03/22/23 Sold $3,000 -24.1% --
02/27/2023 02/27/23 Pending -- -- --
01/16/2023 01/16/23 Price Changed $3,950 -28.2% --
06/01/2022 06/01/22 For Sale $5,500 +205.6% --
08/06/2018 08/06/18 Sold $1,800 -10.0% -- View Prior Sale
07/16/2018 07/16/18 For Sale $2,000 +11.1% --
05/11/2015 05/11/15 Sold $1,800 -37.9% -- View Prior Sale
04/11/2015 04/11/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $2,900 +45.0% --
01/07/2015 01/07/15 Sold $2,000 -59.2% -- View Prior Sale
12/08/2014 12/08/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $4,900 -- --
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 $89 $1,167 $1,167 --
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 $142 $1,189 $1,189 $0
2017 $124 $1,166 $1,166 $0
2016 $160 $1,418 $1,418 $0
2015 $160 $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: 202203338

NorthWest Illinois Alliance of REALTORS®

APN: 05-07-277-010