Seller's Agent in 2024
Don Morgan
Morgan Realty, Inc.
(815) 656-4162
96 in this area
295 Total Sales
Estimated Value: $279,000 - $414,000
Nestled on a 3/4 acre wooded waterfront property in Lake Summerset, this charming four-bedroom ranch home offers a tranquil retreat. Situated on the southern shore, it boasts a breathtaking 1 1/2 mile panoramic lake view, making it a haven for nature lovers and bird watchers. Ideal for fishing enthusiasts, the shoreline is a hidden gem, featuring stumps that are perfect for panfish. Within casting distance lies a drop-off ledge renowned for its impressive northern and bass catches. The serene lot, located in a quiet area, ensures privacy with ample space between you and your neighbors, especially appreciated when relaxing on the deck. Built in 1984 and meticulously maintained, the home is equipped with modern upgrades. A new roof was installed in 2020, and the kitchen received a makeover in 2022 with a new fridge, stove, and microwave. The 24 x 26 garage, constructed in 2003, is spacious enough to store a pontoon, and its new belt-driven garage door motor adds convenience. Further enhancing the home's appeal are new patio doors (2007), a furnace, and AC unit (2009), and fresh carpeting (2011). The lower level features a new belt-driven garage door lift motor, providing easy access to golf cart or sailboat storage space. Recently invested in improvements include a new pier and shoreline in 2023, a testament to the owner's commitment to maintaining this property. With move-in readiness, this home invites you to enjoy the tranquility and beauty of Lake Summerset living.
Last Agent to Sell the Property
Morgan Realty, Inc. License #471013558 Listed on: 10/05/2023
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Loofbourrow Dennis K | $345,000 | Security First Title |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $345,000 | -2.8% | $249 / Sq Ft |
| 12/05/2023 12/05/23 | Pending | -- | -- | -- |
| 10/31/2023 10/31/23 | Price Changed | $355,000 | -6.3% | $256 / Sq Ft |
| 10/05/2023 10/05/23 | For Sale | $379,000 | -- | $273 / Sq Ft |
| 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 | $6,241 | $81,905 | $27,806 | $54,099 |
| 2023 | $5,686 | $70,184 | $23,827 | $46,357 |
| 2022 | $5,146 | $61,998 | $21,261 | $40,737 |
| 2021 | $5,329 | $57,088 | $19,577 | $37,511 |
| 2020 | $5,309 | $54,930 | $18,837 | $36,093 |
| 2019 | $5,238 | $53,538 | $18,360 | $35,178 |
| 2018 | $5,380 | $51,395 | $17,625 | $33,770 |
| 2017 | $5,346 | $50,387 | $17,279 | $33,108 |
| 2016 | $5,678 | $50,387 | $17,279 | $33,108 |
| 2015 | $5,683 | $50,387 | $17,279 | $33,108 |
| 2014 | $5,614 | $50,387 | $17,279 | $33,108 |
Seller's Agent in 2024
Don Morgan
Morgan Realty, Inc.
(815) 656-4162
96 in this area
295 Total Sales
Buyer's Agent in 2024
Scott Wilke
Best Realty
(815) 793-5831
47 in this area
173 Total Sales
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202305793
APN: 05-07-202-001