NOT LISTED FOR SALE

Estimated Value: $144,998 - $295,000

2 Beds
1 Bath
1,080 Sq Ft
$176/Sq Ft Est. Value

Last Sold December 14, 2015

Last sale price $47,500 $44 Per Sq Ft

Est. 299% increase in value since last sale

Current estimated payment $1,311/month

46 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Forced Air Heating and Cooling System
  • Durand Elementary School Rated A-
  • Main Floor Primary Bedroom

About This Home

As of December 2015

Great investment property at lake Summerset. All exterior work is done (new deck, new paint), Also has new furnace & Central Air Conditioning. Needs drywall, new flooring and kitchen cabinets rehung. Full basement - with egress window could be a 3rd bedroom. Only one block from pool & Tennis courts, close to East gate. Property is sold "As Is"

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • Property fronts a county road
  • Wooded Lot

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Shingle Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Car Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Schools

  • Durand Elementary And Middle School
  • Durand High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Road Frontage: County/City Road
  • Type: Wooded, Other
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 888
  • Front: 75
  • General Features: Deck, Laundry Basement
  • Grid: Lake Summerset
  • Hoa Fee Frequency: Yearly
  • Rear: 75
  • Side 1: 200
  • Side 2: 200
  • Type: House
  • Agent Only_ L A1 User Code: F_128
  • Egress: No
  • Elementary School: Durand
  • Estimated Total Finished Sq Ft: 1080
  • Estimated Upper Sq Ft: 192
  • Garage Type Driveway: Attached, Gravel
  • Pertinent Facts: Great investment property at lake Summerset. All exterior work is done (new deck, new paint), Also has new furnace & Central Air Conditioning. Needs drywall, new flooring and kitchen cabinets rehung. Full basement - with egress window could be a 3rd bedroom. Only one block from pool & Tennis courts, close to East gate. Property is sold "As Is"
  • Rental License: No
  • Designated Managing Broker Y N: Yes
  • L O1 Brokerage Number: 478005994
  • S O1 Brokerage Number: 478005994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Basement Type: Full
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Full Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Price Per Sq Ft: 43.98
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fees: 665

Schools

  • School District: Durand
  • Elementary School: Durand
  • Middle School: Durand
  • High School: Durand
  • Elementary School #2: Durand

Building Info

  • Year Built: 1972

Tax Info

  • Year: 2014
  • Taxes: 2882

MLS Schools

  • HighSchool: Durand
  • School District: Durand
  • Middle School: Durand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2017
Sold by
Bee James F and Bee Judy R
Bought by
Schroeder Andrew and Schroeder Harshbarge
Total Days on Market
46
Current Estimated Value
$189,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$85,404
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$104,730

Purchase Details

Listed on
Apr 30, 2013
Closed on
Jul 15, 2013
Bought by
Chiakas Bradley P and Chiakas Pamela R
List Price
$47,900
Sold Price
$27,000
Premium/Discount to List
-$20,900
-43.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.99%

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
Schroeder Andrew $125,000 Other
Chiakas Bradley P $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Andrew $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2015 12/14/15 Sold $47,500 -13.5% $44 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $54,900 +103.3% $51 / Sq Ft
07/30/2013 07/30/13 Sold $27,000 -43.6% $25 / Sq Ft
07/05/2013 07/05/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $47,900 -- $44 / 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 $2,444 $36,168 $1,955 $34,213
2022 $2,154 $31,949 $1,744 $30,205
2021 $2,186 $29,419 $1,606 $27,813
2020 $2,156 $28,306 $1,545 $26,761
2019 $2,112 $27,589 $1,506 $26,083
2018 $2,537 $26,485 $1,446 $25,039
2017 $2,755 $25,966 $1,418 $24,548
2016 $2,926 $25,966 $1,418 $24,548
2015 $2,929 $25,966 $1,418 $24,548
2014 $2,882 $25,966 $1,418 $24,548
Source: Public Records

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 116850

NorthWest Illinois Alliance of REALTORS®

APN: 05-07-103-019