NOT LISTED FOR SALE

Estimated Value: $13,000 - $261,000

0.39 Acre
$351,282 Price per Acre
16,988 Sq Ft Lot

Last Sold September 24, 2024

Last sale price $3,250

Est. 4,115% increase in value since last sale

Current estimated payment $805/month

137 Days on Market

Highlights

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

About This Lot

As of September 2024

Buildable Lake Summerset Lot! Oversized Corner lot! Build your Dream Home or enjoy all the lake Summerset Amenities: 285 Acre lake, Fishing- Swimming- Boating- water Ski- Tennis-Pickle Ball- Bocce Ball- Camping- Lodge- 2 boat Marinas, 2- Sand Swimming Beaches, Swimming Pool, Archery, Dog Park, and More!

Last Agent to Sell the Property

Mark Savala

Morgan Realty, Inc. License #475126259 Listed on: 04/16/2024

Last Buyer's Agent

Don Morgan

Morgan Realty, Inc. License #471013558

Property Details

Property Type

  • Land

Lot Details

  • 0.39 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

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-windsor sec 6 lot 1891
  • Lot Acreage: 0.39
  • Lvt Date: 04/16/2024
  • Type: Land
  • Buildable Lot: Yes
  • Other Bldg Requirements: Yes
  • Agent Only_ L A1 User Code: 5936
  • Elementary School: Durand Elementary
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Buildable Lake Summerset Lot! Oversized Corner lot! Build your Dream Home or enjoy all the lake Summerset Amenities: 285 Acre lake, Fishing- Swimming- Boating- water Ski- Tennis-Pickle Ball- Bocce Ball- Camping- Lodge- 2 boat Marinas, 2- Sand Swimming Beaches, Swimming Pool, Archery, Dog Park, and More!
  • 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: 2022
  • Taxes: 51

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
Apr 16, 2024
Closed on
Sep 24, 2024
Sold by
Glashagel Walter J
Bought by
Schorsch Carl and Schorsch Jennifer
Seller's Agent
Mark Savala
Morgan Realty, Inc.
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$3,000
Sold Price
$3,250
Premium/Discount to List
$250
8.33%
Views
25
Current Estimated Value
$137,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,750
Avg. Annual Appreciation
1531.42%

Purchase Details

Listed on
Jan 25, 2023
Closed on
May 17, 2023
Sold by
Rumple Robert J and Rumple Sandra K
Bought by
Glashagel Walter J
Seller's Agent
Mark Savala
Morgan Realty, Inc.
Buyer's Agent
Mark Savala
Morgan Realty, Inc.
List Price
$3,000
Sold Price
$2,700
Premium/Discount to List
-$300
-10%
Views
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
14.61%

Purchase Details

Listed on
Jan 25, 2023
Closed on
May 15, 2023
Sold by
Rumple Robert J and Rumple Sandra K
Bought by
Glashagel Walter J
Seller's Agent
Mark Savala
Morgan Realty, Inc.
Buyer's Agent
Mark Savala
Morgan Realty, Inc.
List Price
$3,000
Sold Price
$2,700
Premium/Discount to List
-$300
-10%
Views
67

Purchase Details

Closed on
Jul 20, 2017
Sold by
Lakeridge Homes
Bought by
Rumple Robert J and Rumple Sandra K

Purchase Details

Listed on
Feb 11, 2014
Closed on
Mar 20, 2014
Bought by
Sorrentino Mark and Sorrentino Diana R
Seller's Agent
Peggy Lee
Best Realty
Buyer's Agent
Peggy Lee
Best Realty
List Price
$3,000
Sold Price
$2,000
Premium/Discount to List
-$1,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.99%
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
Schorsch Carl $3,500 Security First Title
Glashagel Walter J $3,000 Security First Title
Glashagel Walter J $3,000 Security First Title
Rumple Robert J $1,500 --
Sorrentino Mark $2,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2024 09/24/24 Sold $3,250 0.0% --
08/31/2024 08/31/24 Pending -- -- --
04/16/2024 04/16/24 Price Changed $3,250 +8.3% --
04/16/2024 04/16/24 For Sale $3,000 +11.1% --
05/17/2023 05/17/23 Sold $2,700 -10.0% -- View Prior Sale
01/25/2023 01/25/23 For Sale $3,000 +50.0% --
04/03/2014 04/03/14 Sold $2,000 -33.3% -- View Prior Sale
03/04/2014 03/04/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $3,000 -- --
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 $80 $1,050 $1,050 --
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 $53 $510 $510 $0
2017 $53 $500 $500 $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: 202401704

NorthWest Illinois Alliance of REALTORS®

APN: 05-07-276-026