NOT LISTED FOR SALE

Estimated Value: $339,000 - $444,000

4 Beds
2.5 Baths
2,172 Sq Ft
$182/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2023

Last sale price $315,000 $145 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,868 / mo

99 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Fireplace in Bedroom
  • Waterfront
  • Clubhouse
  • Property is near park

About This Home

As of May 2023

Imagine owning your own piece of paradise where you can fish, swim and boat with a home that can accommodate friends and family. This lovely lakefront home has 3 levels of living area with over 2100 finished sq. ft. It has 4 bedrooms plus a loft. 2.5 baths, 1.5 kitchens w/stainless steel appliances. The furnace and AC are new in 2021 and the water heater is a newer wifi controlled natural gas unit. 2 wood-burning fireplaces, newer roof and a large deck that overlooks a park like yard that gently slopes down to your own private shoreline,two boat docks, and twin beaches. You will love this gated community with clubhouse, 2 public beaches and pool w/sprinkler park. Approx 1.5 hours away from western suburbs. Easy access from I-90 and I-88.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 12/27/2022

Last Buyer's Agent

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 12/27/2022

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,723

Year Built

  • Built in 1973

Lot Details

  • 17,424 Sq Ft Lot
  • Lot Dimensions are 77x298x61x327
  • Waterfront

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Garage
  • Driveway
  • Parking Included in Price

Interior Spaces

  • 2,172 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Lower Floor Utility Room
  • Laundry Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Fireplace in Bedroom

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Outdoor Features

  • Tideland Water Rights
  • Balcony

Location

  • Property is near park

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include clubhouse, pool, lake rights
  • Mary Walsh Association, Phone Number (815) 248-2194
  • Property managed by Lake Summerset Assn
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,723

Year Built

Built in 1973

Lot Details

0.4 Acres

HOA Fees

$78 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1973
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 2
  • LivingArea: 2172
  • Room Type: Balcony/Porch/Lanai, Eating Area, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room,Bedroom
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: Yes
  • Exterior Building Type: Wood Siding,Shingle Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 932
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Park, Pool, Tennis Court(s), Lake, Water Rights, Gated
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Lake Summerset Assn
  • Management Contact Name: Mary Walsh
  • Management Phone: 815-248-2194
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Clubhouse, Pool, Lake Rights

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.4
  • Lot Dimensions: 77X298X61X327
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 24
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5723.24
  • Tax Year: 2021

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
May 10, 2023
Sold by
Bought by
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$365,000
Sold Price
$315,000
Premium/Discount to List
-$50,000
-13.7%
Views
201
Current Estimated Value
$395,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,555
Avg. Annual Appreciation
7.30%
Original Mortgage
$137,500
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2016
Sold by
Bought by

Purchase Details

Listed on
Apr 15, 2011
Closed on
Mar 30, 2012
Bought by
Seller's Agent
Anna Mulcahey
Best Realty
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lake Summerset, IL

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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
$312,500 None Listed On Document
$222,000 Security First Title
$200,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $159,000
Closed $60,000
Closed $18,000
Closed $137,500
Previous Owner $60,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2023 05/12/23 Sold $315,000 +0.8% $145 / Sq Ft
05/12/2023 05/12/23 Sold $312,500 -14.4% $144 / Sq Ft View Prior Sale
04/06/2023 04/06/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $365,000 0.0% $168 / Sq Ft
04/06/2023 04/06/23 Price Changed $365,000 0.0% $168 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
04/06/2023 04/06/23 Price Changed $365,000 0.0% $168 / Sq Ft
04/06/2023 04/06/23 For Sale $365,000 -2.7% $168 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/27/2023 03/27/23 Pending -- -- --
02/22/2023 02/22/23 Price Changed $375,000 0.0% $173 / Sq Ft
02/22/2023 02/22/23 For Sale $375,000 0.0% $173 / Sq Ft
02/22/2023 02/22/23 For Sale $375,000 0.0% $173 / Sq Ft
02/22/2023 02/22/23 Price Changed $375,000 +19.0% $173 / Sq Ft
02/13/2023 02/13/23 Off Market $315,000 -- --
02/13/2023 02/13/23 Off Market $312,500 -- --
12/27/2022 12/27/22 For Sale $397,900 0.0% $183 / Sq Ft
10/26/2022 10/26/22 For Sale $397,900 +99.0% $183 / Sq Ft
03/30/2012 03/30/12 Sold $200,000 -2.4% -- View Prior Sale
02/27/2012 02/27/12 Pending -- -- --
04/15/2011 04/15/11 For Sale $205,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax 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.

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
2025 $7,394 $110,730 $30,790 $79,940
2024 $7,163 $100,000 $27,806 $72,194
2023 $6,107 $75,381 $23,827 $51,554
2022 $5,527 $66,590 $21,261 $45,329
2021 $5,723 $61,316 $19,577 $41,739
2020 $5,702 $58,998 $18,837 $40,161
2019 $5,626 $57,503 $18,360 $39,143
2018 $5,941 $55,201 $17,625 $37,576
2017 $5,741 $54,118 $17,279 $36,839
2016 $6,099 $54,118 $17,279 $36,839
2015 $6,104 $54,118 $17,279 $36,839
2014 $6,030 $54,118 $17,279 $36,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11691923

Midwest Real Estate Data (MRED)

APN: 05-07-202-003

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