NOT LISTED FOR SALE

Estimated Value: $71,000 - $123,000

0.34 Acre
$285,294 Price per Acre
14,810 Sq Ft Lot

Last Sold June 04, 2020

Last sale price $2,115

Est. 4,486% increase in value since last sale

Current estimated payment $586/month

91 Days on Market

About This Lot

As of June 2020

Attractive buildable Lake Summerset lot. Mostly flat with slight slope to down from the road. Durand Schools. You never have to build on it if you don't want to. Close to east gate, waterfront parks, pool, tennis courts and bocce courts. Lake Summerset is known for its excellent campgrounds and many lot owning members use them all season long. Fishing, water sports, swimming, volleyball and other activities available for plenty of summer fun. Association dues break down to just $2.10 a day!

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 02/18/2020

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Property Details

Property Type

  • Land

Lot Details

  • 0.34 Acre Lot

HOA Fees

  • $64 Monthly HOA Fees

Schools

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

Community Details

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$64 per month

Listing Details

  • Class: LAND
  • Front: 75
  • General Features: County Taxes
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: Corrected final plat 2 of Lake Summerset-Bainbridge Sec 8 Lot 2066
  • Lot Acreage: 0.34
  • Lvt Date: 02/18/2020
  • Rear: 75
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 200
  • Side R: 200
  • Agent Only_ L A1 User Code: 8498
  • Elementary School: Durand Elementary
  • Pertinent Facts: Attractive buildable Lake Summerset lot. Mostly flat with slight slope to down from the road. Durand Schools. You never have to build on it if you don't want to. Close to east gate, waterfront parks, pool, tennis courts and bocce courts. Lake Summerset is known for its excellent campgrounds and many lot owning members use them all season long. Fishing, water sports, swimming, volleyball and other activities available for plenty of summer fun. Association dues break down to just $2.10 a day!
  • L O1 Brokerage Number: 478025436
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: City/Community
  • Water: City/Community

Condo/Co-op/Association

  • HOA Fees: 765

Schools

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

Lot Info

  • Land Features: Gated Community

Tax Info

  • Year: 2018
  • Taxes: 124

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
Feb 18, 2020
Closed on
Jun 4, 2020
Sold by
Meiers Ronnie L
Bought by
Real Estate And Management Services Group 1 L
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$2,500
Sold Price
$2,115
Premium/Discount to List
-$385
-15.4%
Current Estimated Value
$97,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,885
Avg. Annual Appreciation
130.43%

Purchase Details

Listed on
Jun 17, 2014
Closed on
Mar 20, 2017
Sold by
Lakeridge Homes
Bought by
Meiers Ronnie L
Seller's Agent
Patricia Tynan
Best Realty
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$6,900
Sold Price
$2,000
Premium/Discount to List
-$4,900
-71.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.76%

Purchase Details

Closed on
Oct 13, 1996
Bought by
Feucht Carolyn
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Real Estate And Management Services Group 1 L $2,500 Security First Title
Real Estate And Management Services Group 1 L $2,500 Security First Title
Meiers Ronnie L $2,000 --
Feucht Carolyn $22,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2020 06/04/20 Sold $2,115 -15.4% --
05/19/2020 05/19/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $2,500 +25.0% --
03/20/2017 03/20/17 Sold $2,000 -71.0% --
02/18/2017 02/18/17 Pending -- -- --
06/17/2014 06/17/14 For Sale $6,900 -- --
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 $116 $1,526 $1,526 --
2023 $106 $1,308 $1,308 $0
2022 $51 $604 $604 $0
2021 $52 $556 $556 $0
2020 $52 $535 $535 $0
2019 $51 $521 $521 $0
2018 $124 $1,189 $1,189 $0
2017 $124 $1,166 $1,166 $0
2016 $160 $1,418 $1,418 $0
2015 $80 $1,418 $1,418 $0
2014 $158 $1,418 $1,418 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202000809

NorthWest Illinois Alliance of REALTORS®

APN: 05-07-127-006