NOT LISTED FOR SALE

Estimated Value: $264,000 - $361,000

3 Beds
3 Baths
3,186 Sq Ft
$100/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $260,000 $82 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,235/month

20 Days on Market

Highlights

  • Gated Community
  • Deck
  • Vaulted Ceiling
  • Durand Elementary School Rated A-
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of October 2023

Escape to a tranquil wooded retreat in Lake Summerset. This three-bedroom haven offers proximity to the pool, playground, bocce, pickleball, and tennis courts, ensuring endless family fun. A short walk leads to the beach and lakefront parks. Cedar siding and vaulted wood plank ceilings exude rustic charm. A wood-burning fireplace with a gas starter tube graces the heart of the home, while the open-concept great room frames serene backyard views. The main-floor master suite pampers with an en-suite bath featuring a Jacuzzi tub, shower, and double sink vanity. Storage abounds with a walk-in closet, second closet, and linen closet. Sliding door to the front deck for a breath of fresh air. The kitchen beckons culinary adventures with an island bar. A lower-level walk-out family room boasts a wet bar, and an additional bedroom with en-suite bath offers privacy. Cedar closet and a 13 x 13 office completes this level. Practical features include a 2.5-car garage. Enjoy upper deck views of trees, birds, and a pond. Meticulously maintained, with recent updates: roof (2020), furnace, AC (2022), hot water heater (2023), garage door (2021), washer, dryer (2020), dishwasher, microwave. Discover refined Lake Summerset living with nature's serenity and community amenities at your doorstep. Make this your forever home.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 08/12/2023

Last Buyer's Agent

Kathy Heeren-Ellis

Gambino Realtors License #475169546

Gambino Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,127

Year Built

  • Built in 1990

Lot Details

  • 0.37 Acre Lot
  • Wooded Lot

HOA Fees

  • $78 Monthly HOA Fees

Home Design

  • Bi-Level Home
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Wet Bar
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Great Room

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2.5 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas 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

$2,127

Year Built

Built in 1990

Lot Details

0

HOA Fees

$78 per month

Listing Details

  • Interior Amenities: Bar-Wet, Ceiling Fans/Remotes, Ceiling-Vaults/Cathedral, Ceiling-Wood Decorative, Walk-In Closet, Whirlpool Tub, Window Treatments
  • Road Frontage: City/Town
  • Type: Gated Community, Wooded
  • Electric: Circuit Breaker
  • Additional Room 5: office, Dimensions: 13.3x13.3, On Level: Walk Out
  • Additional Room 6: laundry, Dimensions: 7.5x4.6, On Level: Walk Out
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Sump Pump, Washer, Water Softener
  • Class: HOUSE
  • Estimated Below Grade Finished Sq Ft: 993
  • Exemptions: Owner, Senior Freeze
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 90.69
  • General Features: Basement Entrance, County Taxes, Deck, Full Exposure, Great Room, L.L. Finished Space, Main Floor Master, Patio, Skylight(s), Laundry Basement
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-BAINBRIDGE SEC 8 LOT 1975
  • Lot Acreage: 0.37
  • Lvt Date: 08/12/2023
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Rear: 75
  • Side 1: 200
  • Side 2: 199.49
  • Stove Range Fuel: Gas
  • Style: Bi-Level
  • Type: House
  • Agent Only_ L A1 User Code: 8498
  • Egress: Yes
  • Elementary School: Durand Elementary
  • Estimated Total Finished Sq Ft: 3186
  • Garage Type Driveway: Asphalt, Attached, Garage Remote/Opener
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Escape to a tranquil wooded retreat in Lake Summerset. This three-bedroom haven offers proximity to the pool, playground, bocce, pickleball, and tennis courts, ensuring endless family fun. A short walk leads to the beach and lakefront parks. Cedar siding and vaulted wood plank ceilings exude rustic charm. A wood-burning fireplace with a gas starter tube graces the heart of the home, while the open-concept great room frames serene backyard views. The main-floor master suite pampers with an en-suite bath featuring a Jacuzzi tub, shower, and double sink vanity. Storage abounds with a walk-in closet, second closet, and linen closet. Sliding door to the front deck for a breath of fresh air. The kitchen beckons culinary adventures with an island bar. A lower-level walk-out family room boasts a wet bar, and an additional bedroom with en-suite bath offers privacy. Cedar closet and a 13 x 13 office completes this level. Practical features include a 2.5-car garage. Enjoy upper deck views of trees, birds, and a pond. Meticulously maintained, with recent updates: roof (2020), furnace, AC (2022), hot water heater (2023), garage door (2021), washer, dryer (2020), dishwasher, microwave. Discover refined Lake Summerset living with nature's serenity and community amenities at your doorstep. Make this your forever home.
  • Designated Managing Broker Y N: Yes
  • Estimated Above Grade Sq Ft: 2193
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 13.2x12.9, On Level: Main
  • Fireplace Type: Wood
  • Basement: Basement Entrance, Finished, Partial Exposure
  • Bedroom 2: Dimensions: 11.4x9.5, On Level: Main
  • Bedroom 3: Dimensions: 13.0x10.1, On Level: Walk Out
  • Dining Room: Yes, On Level: Main, Dimensions: 11.3x10.8
  • Family Room: Yes, On Level: Walk Out, Dimensions: 26.6x22.7
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Kitchen: Dimensions: 11x8, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 26.3x15.9
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Garage/Parking

  • Garage: 2.5

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 932

Building Info

  • Year Built: 1990

Tax Info

  • Year: 2022
  • Taxes: 2127

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
Aug 12, 2023
Closed on
Sep 13, 2023
Sold by
Mary Paul J and Mary Tappert
Bought by
Cox Timothy J and Cox Jody M
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Kathy Heeren-Ellis
Gambino Realtors
List Price
$279,900
Sold Price
$260,000
Premium/Discount to List
-$19,900
-7.11%
Views
151
Current Estimated Value
$315,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,971
Avg. Annual Appreciation
9.51%
Original Mortgage
$255,290
Outstanding Balance
$250,401
Interest Rate
7.5%
Mortgage Type
FHA
Estimated Equity
$69,425
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cox Timothy J $260,000 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Timothy J $255,290
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2023 10/02/23 Sold $260,000 -7.1% $82 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/12/2023 08/12/23 For Sale $279,900 -- $88 / 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 $6,044 $86,666 $4,564 $82,102
2023 $2,078 $56,964 $3,911 $53,053
2022 $2,127 $50,320 $3,490 $46,830
2021 $2,398 $46,336 $3,214 $43,122
2020 $2,484 $44,583 $3,092 $41,491
2019 $2,516 $43,454 $3,014 $40,440
2018 $2,694 $41,714 $2,893 $38,821
2017 $2,732 $40,896 $2,836 $38,060
2016 $2,905 $40,896 $2,836 $38,060
2015 $1,454 $40,896 $2,836 $38,060
2014 $2,717 $40,896 $2,836 $38,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202304626

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-352-019