NOT LISTED FOR SALE

1940 Oaks Point Davis, IL 61019

Lake Summerset Neighborhood

Estimated Value: $295,000 - $381,000

3 Beds
1 Bath
1,152 Sq Ft
$291/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2020

Last sale price $205,000 $178 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,524 / mo

5 Days on Market

Highlights

  • Gated Community
  • Waterfront
  • Ranch Style House
  • Durand Elementary School Rated A-
  • Wooded Lot
  • Baseboard Heating

About This Home

As of October 2020

BEAUTIFUL LAKEFRONT LOT WITH 93.39 FT OF LAKEFRONT WITH THE FAMILY COTTAGE THAT NEEDS TLC AND UPDATING BUT HAS 3 BEDROOMS, 1 BATH, 30 X 9' 10" DECK FACING LAKE. WOOD BURNING FIREPLACE IN LOWER LEVEL FAMILY ROOM. FAMILY ROOM WALKS OUT TO WATER

Last Agent to Sell the Property

Richard Wilke

Best Realty License #475101308 Listed on: 09/11/2020

Co-Listed By

Carol Wilke

Best Realty License #475153710

Last Buyer's Agent

Carol Wilke

Best Realty License #475153710

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

  • $5,856

Lot Details

  • 19,602 Sq Ft Lot
  • Waterfront
  • Wooded Lot

HOA Fees

  • $64 Monthly HOA Fees

Home Design

  • House
  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • Association fees include pool access, water access, clubhouse

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,856

Lot Details

0.45 Acres

HOA Fees

$64 per month

Listing Details

  • Type: Gated Community, Water Front, Wooded
  • Appliances That Stay or Are Included: Dishwasher, Microwave, Refrigerator, Stove/Cooktop
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1152
  • Estimated Below Grade Finished Sq Ft: 518
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 86.17
  • General Features: Main Floor Master, Partial Exposure
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET - BAINBRIDGE SEC 8 LOT 1940
  • Lot Acreage: 0.45
  • Lvt Date: 09/16/2020
  • Number of Main Level Full Bathrooms: 1
  • Rear: 93.39
  • Side 1: 219.26
  • Side 2: 271.22
  • Stove Range Fuel: Electric
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 3919
  • Elementary School: Durand Elementary
  • Pertinent Facts: BEAUTIFUL LAKEFRONT LOT WITH 93.39 FT OF LAKEFRONT WITH THE FAMILY COTTAGE THAT NEEDS TLC AND UPDATING BUT HAS 3 BEDROOMS, 1 BATH, 30 X 9' 10" DECK FACING LAKE. WOOD BURNING FIREPLACE IN LOWER LEVEL FAMILY ROOM. FAMILY ROOM WALKS OUT TO WATER
  • L O2 Brokerage Number: 481010044
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 13.4x11.8, On Level: Main
  • Fireplace Type: Wood
  • Bedroom 2: Dimensions: 12.2x11.8, On Level: Main
  • Bedroom 3: Dimensions: 11.6x9, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 12.6x10.4
  • Family Room: Yes, On Level: Walk Out, Dimensions: 23x22.8
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 12.6x8, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 20.2x13
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Utilities

  • Cooling: Window Unit
  • Heating: Baseboard, Electric
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fees: 765

Tax Info

  • Year: 2019
  • Taxes: 5856

MLS Schools

  • HighSchool: Durand High
  • School District: Durand 322
  • Middle School: Durand Jr High

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
Sep 11, 2020
Closed on
Oct 30, 2020
Sold by
Bought by
Seller's Agent
Richard Wilke
Best Realty
Buyer's Agent
Carol Wilke
Best Realty
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%
Current Estimated Value
$335,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,791
Avg. Annual Appreciation
8.86%
Original Mortgage
$174,250
Outstanding Balance
$151,735
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$184,056

Purchase Details

Closed on
Aug 5, 2020
Sold by
Bought by

Purchase Details

Closed on
Aug 2, 2020
Sold by
Bought by
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

  • Jane Boeckelmann Real Estate Agent - Suburban Life Realty, Ltd

    Jane Boeckelmann

    Suburban Life Realty, Ltd

    (708) 554-4875

    77 Total Sales

    1 in Lake Summerset

    $270,000 Price

    Jane Boeckelmann
     Section Image
  • Patrick Reese Real Estate Agent - EXIT Professional Real Estate

    Patrick Reese

    EXIT Professional Real Estate

    (608) 292-3461

    214 Total Sales

    2 in Lake Summerset

    $315K - $424K Price Range

    Patrick Reese
     Section Image
  • JOSH LONGAMORE Real Estate Agent - CHOICE REALTY OF FREEPORT LLC

    JOSH LONGAMORE

    CHOICE REALTY OF FREEPORT LLC

    (815) 908-5365

    157 Total Sales

    1 in Lake Summerset

    $300,000 Price

    JOSH LONGAMORE
     Section Image
  • Kathleen Oehlberg Real Estate Agent - Realty One Group Strategies

    Kathleen Oehlberg

    Realty One Group Strategies

    (815) 706-5733

    233 Total Sales

    1 in Lake Summerset

    $424,000 Price

    Kathleen Oehlberg
     Section Image
  • Allison Hawkins Real Estate Agent - Keller Williams Realty Signature

    Allison Hawkins

    Keller Williams Realty Signature

    (779) 774-7983

    295 Total Sales

    3 in Lake Summerset

    $300K - $570K Price Range

    Allison Hawkins
     Section Image
  • Charla Piper Real Estate Agent - Century 21 Affiliated

    Charla Piper

    Responds Quickly

    Century 21 Affiliated

    (608) 684-6117

    201 Total Sales

    2 in Lake Summerset

    $14K - $229K Price Range

    Charla Piper
     Section Image
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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
$205,000 Security First Title
-- Peter J Latz & Associates Llc
-- Peter J Latz & Associates Llc
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 $174,250
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
10/30/2020 10/30/20 Sold $205,000 -8.9% $178 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $225,000 -- $195 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $7,371 $106,178 $38,860 $67,318
2024 $7,185 $95,889 $35,094 $60,795
2022 $5,918 $72,583 $26,833 $45,750
2021 $6,143 $66,835 $24,708 $42,127
2020 $5,932 $62,296 $23,774 $38,522
2019 $5,856 $60,718 $23,172 $37,546
2018 $6,194 $58,287 $22,244 $36,043
2017 $5,983 $57,144 $21,808 $35,336
2016 $6,363 $57,144 $21,808 $35,336
2015 $6,369 $57,144 $21,808 $35,336
2014 $6,294 $57,144 $21,808 $35,336
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Richard Wilke

    Best Realty

  • C

    Seller Co-Listing Agent in 2020

    Carol Wilke

    Best Realty

See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202005253

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-351-022

Illinois Winnebago County Davis 61019 Lake Summerset

1940 Oaks Point, Davis, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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