NOT LISTED FOR SALE

Estimated Value: $495,000 - $598,000

4 Beds
3 Baths
2,143 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $412,750 $193 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,118/month

14 Days on Market

Highlights

  • Docks
  • Gated Community
  • Waterfront
  • Durand Elementary School Rated A-
  • Lake View
  • Deck

About This Home

As of August 2021

Lake Summerset waterfront home next door to Oak Park. Newer roof, gutters, leaf guards, garage door and opener, seawall & dock. Most appliances about 18 mos old. Four bedrooms. Huge family room with sleeping area. This home can comfortably sleep 14 people. Deck & living room overlook a generous deep water bay with terrific fishing and swimming. Six panel hardwood doors and gleaming wood floors. Three full baths. The main bath is very finely tiled. Two wood burning fireplaces. Detached garage with new staircase to side of home. Updated decking. Most furnishings, golf cart and boat negotiable. Large dining area for big gatherings. It's in terrific shape and there is plenty of summers fun left for you and yours.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 06/30/2021

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,091

Lot Details

  • 0.48 Acre Lot
  • Waterfront

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Window Treatments
  • Lake Views

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Docks
  • Deck
  • Storage Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Water Softener

Community Details

Overview

  • Association fees include pool access, water access, clubhouse

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,091

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Interior Amenities: Ceiling-Vaults/Cathedral, Countertop-Granite, Window Treatments
  • Road Frontage: City/Town
  • Type: Gated Community, Water Front, Lake View
  • Electric: Circuit Breaker
  • Additional Room 5: util, Dimensions: 15x25, On Level: Walk Out
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 2143
  • Estimated Below Grade Finished Sq Ft: 943
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 127
  • General Features: Basement Entrance, Central Vac., County Taxes, Deck, Full Exposure, L.L. Finished Space, Main Floor Master, Skylight(s), Boat Dock, Laundry Basement, Storage Shed
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-BAINBRIDGE SEC 5 LOT 1951
  • Lot Acreage: 0.48
  • Lvt Date: 06/30/2021
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Rear: 39.56
  • Side 1: 240.68
  • Side 2: 274.93
  • Stove Range Fuel: Electric
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 8498
  • Egress: Yes
  • Elementary School: Durand Elementary
  • Estimated Total Finished Sq Ft: 2143
  • Garage Type Driveway: Asphalt, Detached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Lake Summerset waterfront home next door to Oak Park. Newer roof, gutters, leaf guards, garage door and opener, seawall & dock. Most appliances about 18 mos old. Four bedrooms. Huge family room with sleeping area. This home can comfortably sleep 14 people. Deck & living room overlook a generous deep water bay with terrific fishing and swimming. Six panel hardwood doors and gleaming wood floors. Three full baths. The main bath is very finely tiled. Two wood burning fireplaces. Detached garage with new staircase to side of home. Updated decking. Most furnishings, golf cart and boat negotiable. Large dining area for big gatherings. It's in terrific shape and there is plenty of summers fun left for you and yours.
  • Rental License: No
  • Designated Managing Broker Y N: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 14x10, On Level: Main
  • Fireplace Type: Wood
  • Basement: Basement Entrance, Finished, Full Exposure
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 14x10, On Level: Main
  • Bedroom 4: Dimensions: 10x11, On Level: Main
  • Dining Room: Yes, On Level: Main
  • Family Room: Yes, On Level: Walk Out, Dimensions: 20.6x23.2
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Kitchen: Dimensions: 12.4x11.5, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 23.3x17.3
  • Number Of Fireplaces: 2
  • Recreation Room: Yes, On Level: Walk Out, Dimensions: 13x20
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fees: 800

Tax Info

  • Year: 2020
  • Taxes: 6091

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Murphy and Caitlin
Bought by
Caitlin P Murphy And Raymond E Murphy Jr Trus and Murphy Raymond E
Current Estimated Value
$545,073

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 7, 2021
Sold by
Munao Family Trust
Bought by
Murphy Raymond and Murphy Caitlin
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$419,000
Sold Price
$412,750
Premium/Discount to List
-$6,250
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Caitlin P Murphy And Raymond E Murphy Jr Trus -- Smith Law
Murphy Raymond -- Security First Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2021 08/09/21 Sold $412,750 -1.5% $193 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $419,000 -- $196 / Sq Ft
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 $14,334 $191,292 $28,087 $163,205
2023 $13,053 $163,918 $24,068 $139,850
2022 $11,807 $144,800 $21,476 $123,324
2021 $6,111 $66,489 $19,775 $46,714
2020 $6,092 $63,975 $19,027 $44,948
2019 $6,013 $62,354 $18,545 $43,809
2018 $6,361 $59,858 $17,803 $42,055
2017 $6,144 $58,684 $17,454 $41,230
2016 $6,535 $58,684 $17,454 $41,230
2015 $6,541 $58,684 $17,454 $41,230
2014 $6,464 $58,684 $17,454 $41,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202103473

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-351-010