NOT LISTED FOR SALE

Estimated Value: $73,000 - $270,000

0.5 Acre
$304,000 Price per Acre
21,780 Sq Ft Lot

Last Sold August 24, 2021

Last sale price $3,900

Est. 3,797% increase in value since last sale

Current estimated payment $883/month

Highlights

  • Gated Community
  • Wooded Lot
  • Level Lot
  • Durand Elementary School Rated A-

About This Lot

As of August 2021

Lake Summerset Durand School vacant lot. Really close to the pool and tennis courts. Quite side street with some nice trees. Oversized at 1/2 acre. You can purchase this lot, use the beach, pool and the lake for fishing and watersports. Our association costs are only $2.10 per day. You never have to build a home on your lot. The amenities are yours to use as long as you own the land.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 12/26/2020

Last Buyer's Agent

Scott Wilke

Best Realty License #471.020358

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $116

Lot Details

  • 0.5 Acre Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $67 Monthly HOA Fees

Schools

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

Community Details

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$116

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Class: LAND
  • Front: 100
  • General Features: County Taxes
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-BAINBRIDGE SEC 8 LOT 2101
  • Lot Acreage: 0.5
  • Lvt Date: 12/26/2020
  • Rear: 101.32
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 225
  • Side R: 208.71
  • Agent Only_ L A1 User Code: 8498
  • Elementary School: Durand Elementary
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Lake Summerset Durand School vacant lot. Really close to the pool and tennis courts. Quite side street with some nice trees. Oversized at 1/2 acre. You can purchase this lot, use the beach, pool and the lake for fishing and watersports. Our association costs are only $2.10 per day. You never have to build a home on your lot. The amenities are yours to use as long as you own the land.
  • Designated Managing Broker Y N: Yes
  • L O1 Brokerage Number: 478025436
  • S O1 Brokerage Number: 481010044
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 800

Schools

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

Lot Info

  • Topography: Level
  • Land Features: Gated Community, Wooded

Tax Info

  • Year: 2019
  • Taxes: 51

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
Dec 26, 2020
Closed on
Aug 24, 2021
Sold by
Steele Living Trust
Bought by
Salvador Ivan and Salvador Leonor
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Scott Wilke
Best Realty
List Price
$3,900
Sold Price
$3,900
Current Estimated Value
$152,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,100
Avg. Annual Appreciation
150.94%

Purchase Details

Closed on
Sep 13, 2019
Sold by
Steele Dennis D and Steele Julie A
Bought by
Steele Living Trust

Purchase Details

Closed on
Aug 12, 2011
Bought by
Steele Dennis
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
Salvador Ivan $4,000 Huber Paul J
Steele Living Trust -- Huber Paul J
Steele Dennis $10,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2021 08/24/21 Sold $3,900 0.0% --
07/25/2021 07/25/21 Pending -- -- --
12/26/2020 12/26/20 For Sale $3,900 -- --
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 $50 $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: 202007116

NorthWest Illinois Alliance of REALTORS®

APN: 05-07-102-003