$305,000
SOLD FEB 28, 2025
4 Beds
3 Baths
2,700 Sq Ft
0.34 Acres

Recently Sold

$113 Per Sq Ft

4% Below List Price

63 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Recreation Room
  • Durand Elementary School Rated A-
  • Property is near a park
  • Wood Flooring

About This Home

As of February 2025

Ideally located in the highly sought-after gated lake community of Lake Summerset you'll find this 4BR, 3BA home beaming with natural light and gorgeous finishes. This home offers a perfect combination of amazing amenities and serene surroundings. Kitchen features include quartz countertops, beautiful wood cabinets, a pantry closet and stainless-steel appliances. Upstairs, you'll find three generously sized bedrooms and two full bathrooms, including the luxurious primary bedroom with a walk-in closet, and private en-suite bathroom. There is plenty of space for entertaining inside and out with 2 separate balconies and a patio. Slip away to the walkout basement and enjoy your choice of relaxing in the family room or game room. Create something new in the large work shop. Guest can enjoy some privacy in the 4th bedroom also located in the basement, or reimagined this bedroom as a home office or gym. The Lake Summerset Community is located on 1,550 acres of rolling hills and wooded areas. It's home to 2,300 year-round residents, and offers a 275-acre lake perfect for skiing or relaxing on the water. The lake is also stocked for fishing! There are 2 Marinas with seasonal, weekly and daily rental, 2 beaches, pool, spray park, pickleball, bocce, 40 parks for recreation, playgrounds, basketball court, baseball field, archery range, tennis, disc golf, walking path and a 75-site campground, multiple activity clubs! The prime rural setting for families, weekend lake enthusiasts, second home owners and active retirees. 90 minutes from NW suburbs of Chicago, an hour from Madison, Wisconsin and short 20-minute drive to Rockford and Beloit. Updates include: HVAC(2024), Roof(2020), Stainless Steel kitchen appliances, Kitchen sink and faucet, Reverse osmosis filter at kitchen sink, Whole house water filtration system, Washer & Dryer, Floor in gaming room, Garage bay openers. Your new home is waiting for you!

Last Agent to Sell the Property

Sarah Williamson

Jameson Sotheby's International Realty License #475179869 Listed on: 11/27/2024

Jameson Sotheby's International Realty

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,071

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 75x200x141
  • Paved or Partially Paved Lot

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Workshop
  • Storage Room
  • Utility Room with Study Area
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Up Access
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Accessible Home Design

  • Wheelchair Access
  • Accessibility Features

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near a park

Schools

  • Durand Elementary School
  • Durand Junior High School
  • Durand High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include lake rights
  • Lake Summerset HOA, Phone Number (815) 248-2194
  • Property managed by Lake Summerset HOA
  • Community Lake

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,071

Year Built

Built in 1994

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1994
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Walk-Out Access
  • Accessibility Features: Wheelchair Accessible
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Hardwood Floors, In-Law Arrangement, Second Floor Laundry, Walk-In Closet(s), Separate Dining Room
  • LivingArea: 2700
  • Other Equipment: Ceiling Fan(s), Water Heater-Gas
  • Room Type: Recreation Room, Workshop, Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Rec/Family Area,Walk-Up Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Patio
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1099
  • Association Fee Frequency: Annually
  • Community Features: Park, Tennis Court(s), Lake, Curbs, Gated, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Lake Summerset HOA
  • Management Contact Name: Lake Summerset HOA
  • Management Phone: 815-248-2194
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Lake Rights

Schools

  • Elementary School: Durand Elementary School
  • High School: Durand High School
  • Middle/Junior School: Durand Junior High School

Lot Info

  • Lot Dimensions: 75X200X141
  • Rural (Y/N): Y
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5071
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2024
Closed on
Feb 19, 2025
Sold by
Becker Dirk and Becker Kimberly
Bought by
Estes Lisa
Seller's Agent
Sarah Williamson
Jameson Sotheby's International Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$319,000
Sold Price
$305,000
Premium/Discount to List
-$14,000
-4.39%
Views
85
Current Estimated Value
$304,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$965
Avg. Annual Appreciation
-0.39%
Original Mortgage
$220,000
Outstanding Balance
$218,082
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$85,953

Purchase Details

Listed on
Jul 22, 2021
Closed on
Oct 15, 2021
Sold by
Judge Of The Circuit Court Of Winnebago
Bought by
Becker Dirk and Becker Kimberly
Seller's Agent
Patricia Tynan
Best Realty
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.74%
Original Mortgage
$166,500
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 28, 2021
Sold by
Judge Of The Circuit Court Of Winnebago
Bought by
Becker Dirk and Becker Kimberly
Seller's Agent
Patricia Tynan
Best Realty
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2003
Bought by
Abele Robert J and Abele Kathryn M
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 Type Sale Price Title Company
Warranty Deed $280,500 None Listed On Document
Deed $185,000 Security First Title
Deed $185,000 Security First Title
Deed $164,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,000 New Conventional
Previous Owner $166,500 New Conventional
Previous Owner $166,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Sold $305,000 -4.4% $113 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
11/27/2024 11/27/24 For Sale $319,000 +72.4% $118 / Sq Ft
09/29/2021 09/29/21 Sold $185,000 -2.6% $69 / Sq Ft View Prior Sale
08/09/2021 08/09/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $189,900 0.0% $70 / Sq Ft
07/25/2021 07/25/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $189,900 -- $70 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,643 $81,314 $4,564 $76,750
2023 $5,071 $69,678 $3,911 $65,767
2022 $4,530 $61,552 $3,490 $58,062
2021 $5,209 $56,678 $3,214 $53,464
2020 $5,193 $54,534 $3,092 $51,442
2019 $5,126 $53,152 $3,014 $50,138
2018 $5,422 $51,024 $2,893 $48,131
2017 $5,237 $50,023 $2,836 $47,187
2016 $5,570 $50,023 $2,836 $47,187
2015 $5,575 $50,023 $2,836 $47,187
2014 $5,510 $50,023 $2,836 $47,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12217860

Midwest Real Estate Data (MRED)

APN: 05-06-352-015