$3,900
SOLD DEC 23, 2020

188 Lake Summerset Lake Summerset, IL 61019

0.34 Acre
$11,471 Price per Acre
14,810 Sq Ft Lot

Recently Sold

61% Below List Price

About This Lot

As of October 2023

COUNTRY VIEWS! PERFECT BUILDING SITE. COME ENJOY THE AMENITIES OF LAKE SUMMERSET, GATED COMMUNITY, 285 ACRE LAKE, GREAT FISHING AND BOATING. 2 MARINAS, 2 BEACHES, SWIMMING POOL & MORE. 90 MINUTES TO OHARE, 60 MINUTES TO MADISON. WATER, GAS & ELECTRIC AVAILABLE AT STREET.

Last Agent to Sell the Property

Patricia Tynan

Best Realty License #475130486 Listed on: 05/06/2020

Last Buyer's Agent

Scott Wilke

Best Realty License #471.020358

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $63

Lot Details

  • 0.34 Acre Lot

HOA Fees

  • $64 Monthly HOA Fees

Schools

  • Dakota Elementary School
  • Dakota Junior Senior High Middle School
  • Dakota Junior Senior High School

Community Details

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$63

Lot Details

0

HOA Fees

$64 per month

Listing Details

  • Class: LAND
  • Front: 75
  • General Features: County Taxes
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT OF LAKE SUMMERSET SECTION 1 SPRINGHILL SUB LAKE SUMMERSET
  • Lot Acreage: 0.34
  • Lvt Date: 05/14/2020
  • Rear: 75
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 200
  • Side R: 200
  • Agent Only_ L A1 User Code: 5194
  • Elementary School: Dakota Elementary
  • Pertinent Facts: COUNTRY VIEWS! PERFECT BUILDING SITE. COME ENJOY THE AMENITIES OF LAKE SUMMERSET, GATED COMMUNITY, 285 ACRE LAKE, GREAT FISHING AND BOATING. 2 MARINAS, 2 BEACHES, SWIMMING POOL & MORE. 90 MINUTES TO OHARE, 60 MINUTES TO MADISON. WATER, GAS & ELECTRIC AVAILABLE AT STREET.
  • L O1 Brokerage Number: 481010044
  • S O1 Brokerage Number: 481010044
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: City/Community
  • Water: City/Community

Condo/Co-op/Association

  • HOA Fees: 765

Schools

  • School District: Dakota 201
  • Elementary School: Dakota Elementary
  • Middle School: Dakota Junior Senior High
  • High School: Dakota Junior Senior High

Lot Info

  • Land Features: Gated Community

Tax Info

  • Year: 2018
  • Taxes: 55

MLS Schools

  • HighSchool: Dakota Junior Senior High
  • School District: Dakota 201
  • Middle School: Dakota Junior Senior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Nov 2, 2023
Sold by
Blum Jolaine H
Bought by
Sims Dennis S and Sims Shonette M
Seller's Agent
Scott Wilke
Best Realty
Buyer's Agent
Greg Raymond
Realty Select, LLC
List Price
$3,600
Sold Price
$3,600
Views
7
Current Estimated Value
$72,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,400
Avg. Annual Appreciation
345.25%

Purchase Details

Closed on
Aug 18, 2006
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $3,600 --
Warranty Deed $33,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $3,600 0.0% --
09/29/2023 09/29/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $3,600 -7.7% --
12/23/2020 12/23/20 Sold $3,900 -22.0% --
11/17/2020 11/17/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $5,000 -50.0% --
05/06/2020 05/06/20 For Sale $10,000 -- --
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 $63 $786 $786 $0
2023 $55 $662 $662 $0
2022 $58 $605 $605 $0
2021 $54 $581 $581 $0
2020 $53 $581 $581 $0
2019 $54 $600 $600 $0
2018 $55 $600 $600 $0
2017 $84 $924 $924 $0
2016 $84 $924 $924 $0
2015 $85 $917 $917 $0
2013 $85 $975 $975 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202002379

NorthWest Illinois Alliance of REALTORS®

APN: 15-10-01-376-008