NOT LISTED FOR SALE

Estimated Value: $286,000 - $333,571

4 Beds
2.5 Baths
2,143 Sq Ft
$147/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $280,000 $131 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,290/month

7 Days on Market

Highlights

  • Gated Community
  • Deck
  • Vaulted Ceiling
  • Durand Elementary School Rated A-
  • Wooded Lot
  • Skylights

About This Home

As of July 2023

Welcome to Lake Summerset! This four-bedroom home features two and a half baths, a three-car garage, and a brand new kitchen. Enjoy the expansive deck, master bedroom suite with walk-in closet and en-suite bath, skylights, and a walk-out level to the garage with the fourth bedroom. The basement holds a rec room and utilities area. Well-maintained and located near bocce courts and the swimming pool. Lake Summerset offers terrific beaches, fishing, water sports, and gated security. New roof 2020. Water purification system under kitchen sink. Experience lake-life living at its finest!

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 06/23/2023

Last Buyer's Agent

Christine Wilke

Best Realty License #475.191424

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,604

Year Built

  • Built in 1993

Lot Details

  • 0.58 Acre Lot
  • Wooded Lot

HOA Fees

  • $78 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Siding
  • Active Radon Mitigation

Interior Spaces

  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Fire Pit

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

$3,604

Year Built

Built in 1993

Lot Details

0

HOA Fees

$78 per month

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Ceiling-Vaults/Cathedral, Radon Mitigation Active, Walk-In Closet, Window Treatments
  • Road Frontage: City/Town
  • Type: Gated Community, Wooded
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Sump Pump, Washer, Water Softener
  • Class: HOUSE
  • Estimated Below Grade Finished Sq Ft: 353
  • Exemptions: Owner, Senior
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 79.91
  • General Features: County Taxes, Deck, Laundry 1st Floor, L.L. Finished Space, Skylight(s), Fire-Pit/Fireplace
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-BAINBRIDGE SEC 8 LOT 2045
  • Lot Acreage: 0.58
  • Lvt Date: 06/23/2023
  • Number of Upper Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Rear: 134.27
  • Side 1: 222.49
  • Side 2: 270.51
  • Stove Range Fuel: Gas
  • Style: Tri/Quad/Multi-Level
  • Type: House
  • Agent Only_ L A1 User Code: 8498
  • Egress: No
  • Elementary School: Durand Elementary
  • Estimated Total Finished Sq Ft: 2143
  • Garage Type Driveway: Asphalt, Attached, Garage Remote/Opener
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Welcome to Lake Summerset! This four-bedroom home features two and a half baths, a three-car garage, and a brand new kitchen. Enjoy the expansive deck, master bedroom suite with walk-in closet and en-suite bath, skylights, and a walk-out level to the garage with the fourth bedroom. The basement holds a rec room and utilities area. Well-maintained and located near bocce courts and the swimming pool. Lake Summerset offers terrific beaches, fishing, water sports, and gated security. New roof 2020. Water purification system under kitchen sink. Experience lake-life living at its finest!
  • Designated Managing Broker Y N: Yes
  • Estimated Above Grade Sq Ft: 1790
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 13.3x13.5, On Level: Upper
  • Fireplace Type: Gas
  • Basement: Basement Entrance
  • Bedroom 2: Dimensions: 10.2x10.3, On Level: Upper
  • Bedroom 3: Dimensions: 12.1x13.6, On Level: Upper
  • Bedroom 4: Dimensions: 16x14, On Level: Walk Out
  • Dining Room: Yes, On Level: Main, Dimensions: 11.7x11.1
  • Family Room: Yes, On Level: Lower, Dimensions: 25.3x16.7
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 11.2x15, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 22.6x12
  • Recreation Room: Yes, On Level: Lower, Dimensions: 22x16
  • Total Bathrooms: 2.5
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 3

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: 1993

Tax Info

  • Year: 2022
  • Taxes: 3604

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
Jun 23, 2023
Closed on
Jul 28, 2023
Sold by
Surface Family Trust
Bought by
Burnett Richard C
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Christine Wilke
Best Realty
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Views
72
Current Estimated Value
$314,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,393
Avg. Annual Appreciation
4.72%

Purchase Details

Listed on
Jun 23, 2023
Closed on
Jul 27, 2023
Sold by
Surface Family Trust
Bought by
Burnett Richard C
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Christine Wilke
Best Realty
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Views
72

Purchase Details

Closed on
Apr 17, 2015
Sold by
Federal Natl Mtg Assn
Bought by
Surface

Purchase Details

Closed on
Mar 30, 2015
Sold by
Federal Natl Mtg Assn
Bought by
Surface

Purchase Details

Listed on
Sep 13, 2013
Closed on
Oct 3, 2013
Bought by
Surface Daniel L and Surface Edith A
List Price
$109,900
Sold Price
$107,500
Premium/Discount to List
-$2,400
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burnett Richard C $280,000 Security First Title
Burnett Richard C $280,000 Security First Title
Surface -- Attorneys Title Guaranty Fund
Surface -- Attorneys Title Guaranty Fund
Surface Daniel L $107,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2023 07/28/23 Sold $280,000 -1.8% $131 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $285,000 +165.1% $133 / Sq Ft
10/25/2013 10/25/13 Sold $107,500 -2.2% $56 / Sq Ft View Prior Sale
09/24/2013 09/24/13 Pending -- -- --
09/13/2013 09/13/13 For Sale $109,900 -- $57 / 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 $6,953 $97,249 $2,281 $94,968
2022 $3,604 $54,427 $1,744 $52,683
2021 $3,651 $50,117 $1,606 $48,511
2020 $3,598 $48,222 $1,545 $46,677
2019 $3,522 $47,000 $1,506 $45,494
2018 $3,572 $45,119 $1,446 $43,673
2017 $3,526 $44,235 $1,418 $42,817
2016 $4,309 $44,235 $1,418 $42,817
2015 $2,495 $44,235 $1,418 $42,817
2014 -- $44,235 $1,418 $42,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202303442

NorthWest Illinois Alliance of REALTORS®

APN: 05-07-101-006