NOT LISTED FOR SALE

Estimated Value: $183,000 - $238,000

3 Beds
1.5 Baths
1,700 Sq Ft
$128/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $122,750 $72 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,550/month

Highlights

  • Gated Community
  • Deck
  • 2 Fireplaces
  • Durand Elementary School Rated A-
  • Ranch Style House
  • Patio

About This Home

As of April 2021

Lake Summerset Ranch style Home w/ finished walk-out Lower Level! Oversized 2 car garage, Walk across the street to the Community Pool & kids spray park & Tennis & Bocceball courts. Includes 3 Bedrooms, plus an Office & a Sun Room. 1st floor Laundry, Rear Upper Deck & Lower concrete patio overlooking a meticulously landscaped Back Yard! The 2 Gas Fireplaces are new, along with many other recent upgrades. Great Location, Excellent floor plan, Beautifully maintained yard! Live the Lake Summerset Dream! Note: Appliances and furnishings are negotiable.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 02/02/2021

Co-Listed By

Mark Savala

Morgan Realty, Inc. License #475126259

Last Buyer's Agent

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 02/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,109

Lot Details

  • 0.34 Acre Lot

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding
  • Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 2 Fireplaces
  • Gas Fireplace
  • Basement Fills Entire Space Under The House
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2.5 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Baseboard Heating
  • 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

$3,109

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Type: Gated Community
  • Additional Room 5: Office, Dimensions: 10.8x16, On Level: Walk Out
  • Additional Room 6: Sun Room, Dimensions: 11.6x11.6, On Level: Main
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1700
  • Exemptions: Owner
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 75
  • General Features: County Taxes, Deck, Full Exposure, Laundry 1st Floor, Main Floor Master, Patio
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-BAINBRIDGE SEC 8 LOT 2105
  • Lot Acreage: 0.34
  • Lvt Date: 02/02/2021
  • Number of Main Level Full Bathrooms: 1
  • Number of Lower Level Half Bathrooms: 1
  • Rear: 75
  • Side 1: 200
  • Side 2: 200
  • Stove Range Fuel: Electric
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 8498
  • Elementary School: Durand Elementary
  • Garage Type Driveway: Attached
  • Pertinent Facts: Lake Summerset Ranch style Home w/ finished walk-out Lower Level! Oversized 2 car garage, Walk across the street to the Community Pool & kids spray park & Tennis & Bocceball courts. Includes 3 Bedrooms, plus an Office & a Sun Room. 1st floor Laundry, Rear Upper Deck & Lower concrete patio overlooking a meticulously landscaped Back Yard! The 2 Gas Fireplaces are new, along with many other recent upgrades. Great Location, Excellent floor plan, Beautifully maintained yard! Live the Lake Summerset Dream! Note: Appliances and furnishings are negotiable.
  • L O1 Brokerage Number: 478025436
  • L O2 Brokerage Number: 478025436
  • S O1 Brokerage Number: 478025436
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 11.5x10.5, On Level: Main
  • Fireplace Type: Gas
  • Bedroom 2: Dimensions: 10.5x9.0, On Level: Main
  • Bedroom 3: Dimensions: 11.6x11.3, On Level: Walk Out
  • Dining Room: Yes, On Level: Main, Dimensions: 11.6x11.3
  • Family Room: Yes, On Level: Walk Out, Dimensions: 22.2x15.6
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 10.7x9.2, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 24.4x14.0
  • Number Of Fireplaces: 2
  • Total Bathrooms: 1.5
  • Basement: Yes

Exterior Features

  • Exterior: Siding, Wood
  • Roof: Shingle

Garage/Parking

  • Garage: 2.5

Utilities

  • Heating: Baseboard, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

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

Tax Info

  • Year: 2019
  • Taxes: 3109

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2024
Sold by
Arola Richard and Arola Mary
Bought by
Richard Arola Living Trust and Mary Arola Living Trust
Current Estimated Value
$217,647

Purchase Details

Closed on
May 15, 2024
Sold by
Arola Richard and Arola Mary
Bought by
Richard Arola Living Trust and Mary Arola Living Trust

Purchase Details

Listed on
Feb 2, 2021
Closed on
Apr 16, 2021
Sold by
Hajewski John R
Bought by
Arola Richard and Arola Mary
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$129,900
Sold Price
$122,750
Premium/Discount to List
-$7,150
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.74%

Purchase Details

Listed on
Jan 29, 2019
Closed on
Aug 5, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hajewski John R
Seller's Agent
WILLIAM SCHEIDER
PAT BROWN REALTY
Buyer's Agent
AGENT NON-MLS
NON-MLS OFFICE
List Price
$109,900
Sold Price
$70,000
Premium/Discount to List
-$39,900
-36.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.98%

Purchase Details

Closed on
Jul 31, 2018
Sold by
Judicial Sales Corporation
Bought by
Federal Home Loan Mortgage Cor

Purchase Details

Closed on
Jul 26, 2018
Sold by
Judicial Sales Corporation
Bought by
Federal Home Loan Mortgage Cor
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Richard Arola Living Trust -- None Listed On Document
Richard Arola Living Trust -- None Listed On Document
Arola Richard $123,000 Security First Title
Hajewski John R $70,000 Codilis & Associates Pc
Federal Home Loan Mortgage Cor -- Codilis & Associates Pc
Federal Home Loan Mortgage Cor -- Codilis & Associates Pc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $122,750 -5.5% $72 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $129,900 +85.6% $76 / Sq Ft
08/16/2019 08/16/19 Sold $70,000 -36.3% $69 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $109,900 -- $109 / 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 $3,948 $57,805 $2,281 $55,524
2023 $3,527 $49,533 $1,955 $47,578
2022 $3,134 $43,756 $1,744 $42,012
2021 $3,201 $40,291 $1,606 $38,685
2020 $3,167 $38,767 $1,545 $37,222
2019 $3,110 $37,785 $1,506 $36,279
2018 $3,252 $36,273 $1,446 $34,827
2017 $3,136 $35,562 $1,418 $34,144
2016 $3,331 $35,562 $1,418 $34,144
2015 $3,334 $35,562 $1,418 $34,144
2014 $3,331 $35,562 $1,418 $34,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202100194

NorthWest Illinois Alliance of REALTORS®

APN: 05-07-102-006