NOT LISTED FOR SALE

Estimated Value: $206,000 - $242,000

2 Beds
2 Baths
1,453 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 29, 2019

Last sale price $124,500 $86 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,643/month

81 Days on Market

Highlights

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

About This Home

As of May 2019

Lake view Durand Schools Lake Summerset Home. Two bedrooms with potential for additional sleeping space. Big open floor plan with great room and lake view deck. Furnace, water heater, fridge and dishwasher all newer. Located close to waterfront parks, swimming pool, beach and east gate. Great spot! Wooded setting with excellent parking areas. Master bath suite with jet tub. Wood burning fireplace in great room. Garage has free standing gas fire box for more party and living space.

Last Listed By

Don Morgan

Morgan Realty Inc. License #471013558 Listed on: 01/30/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,454

Year Built

  • Built in 1980

Lot Details

  • 0.34 Acre Lot
  • Wooded Lot

HOA Fees

  • $62 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Wood Burning Fireplace
  • Great Room
  • Water Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2.5 Car Garage
  • Driveway

Outdoor Features

  • Deck

Schools

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

Utilities

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

$4,454

Year Built

Built in 1980

Lot Details

0

HOA Fees

$62 per month

Listing Details

  • Type: Gated Community, Water View, Wooded
  • Additional Room 5: laundry, Dimensions: 14.8x11.8, On Level: Walk Out
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Wall Oven, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1453
  • Estimated Below Grade Finished Sq Ft: 378
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 75
  • General Features: Basement Entrance, County Taxes, Deck, Great Room, Laundry 1st Floor, L.L. Finished Space, Main Floor Master, Partial Exposure
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET BAINBRIDGE SEC 8 LOT 1992
  • Lot Acreage: 0.34
  • Lvt Date: 01/30/2019
  • Number of Main Level Full Bathrooms: 2
  • Rear: 75
  • Side 1: 200
  • Side 2: 200
  • Stove Range Fuel: Electric
  • Type: House
  • Agent Only_ L A1 User Code: 8498
  • Elementary School: Durand Elementary
  • Garage Type Driveway: Attached
  • Pertinent Facts: Lake view Durand Schools Lake Summerset Home. Two bedrooms with potential for additional sleeping space. Big open floor plan with great room and lake view deck. Furnace, water heater, fridge and dishwasher all newer. Located close to waterfront parks, swimming pool, beach and east gate. Great spot! Wooded setting with excellent parking areas. Master bath suite with jet tub. Wood burning fireplace in great room. Garage has free standing gas fire box for more party and living space.
  • L O1 Brokerage Number: 478025436
  • S O1 Brokerage Number: 481012850
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Basement Type: Full
  • Master Bedroom: Dimensions: 19x16, On Level: Main
  • Fireplace Type: Wood
  • Bedroom 2: Dimensions: 15x14, On Level: Walk Out
  • Dining Room: Yes, On Level: Main, Dimensions: 13.7x14.9
  • Family Room: No
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 17x12, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 27.3x15.8
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • 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: Electric

Condo/Co-op/Association

  • HOA Fees: 740

Schools

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

Building Info

  • Year Built: 1980

Tax Info

  • Year: 2017
  • Taxes: 4454

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
Jan 30, 2019
Closed on
May 29, 2019
Sold by
Timothy Randels
Bought by
Wheeler Jacob and Speer Elizabeth
Seller's Agent
Don Morgan
Morgan Realty Inc.
Buyer's Agent
Tronda Knodle
Knodle Realty Group, LLC
List Price
$134,900
Sold Price
$124,500
Premium/Discount to List
-$10,400
-7.71%
Total Days on Market
81
Current Estimated Value
$227,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,688
Avg. Annual Appreciation
10.19%
Original Mortgage
$73,500
Outstanding Balance
$49,996
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$172,002

Purchase Details

Listed on
Jun 4, 2012
Closed on
Jun 19, 2013
Bought by
Randels Timothy
Seller's Agent
Mark Savala
Morgan Realty Inc.
Buyer's Agent
Donald Morgan
Morgan Realty, Inc.
List Price
$109,900
Sold Price
$65,500
Premium/Discount to List
-$44,400
-40.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%

Range of Values:

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Average Value
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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
Wheeler Jacob $124,500 Security First Title
Randels Timothy $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Jacob $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2019 05/29/19 Sold $124,500 -4.2% $86 / Sq Ft
04/21/2019 04/21/19 Pending -- -- --
04/15/2019 04/15/19 Price Changed $129,900 -3.7% $89 / Sq Ft
01/30/2019 01/30/19 For Sale $134,900 +106.0% $93 / Sq Ft
06/19/2013 06/19/13 Sold $65,500 -40.4% $36 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
06/04/2012 06/04/12 For Sale $109,900 -- $61 / 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
2023 $3,854 $54,404 $7,170 $47,234
2022 $3,429 $48,059 $6,398 $41,661
2021 $3,516 $44,253 $5,891 $38,362
2020 $3,483 $42,579 $5,668 $36,911
2019 $4,447 $46,115 $5,524 $40,591
2018 $4,704 $44,269 $5,303 $38,966
2017 $4,544 $43,401 $5,199 $38,202
2016 $4,833 $43,401 $5,199 $38,202
2015 $4,837 $43,401 $5,199 $38,202
2014 $4,780 $43,401 $5,199 $38,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201900354

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-355-011