NOT LISTED FOR SALE

2202 Gainsboro Ave Davis, IL 61019

Lake Summerset Neighborhood

Estimated Value: $69,000 - $268,000

0.34 Acre
$445,097 Price per Acre
14,810 Sq Ft Lot

Last Sold March 10, 2023

Last sale price $2,800

Est. 5,305% increase in value since last sale

Current estimated payment $877/month

347 Days on Market

Highlights

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

About This Lot

As of March 2023

285-ACRE LAKE WITH FISHING, BOATING, 2 BEACHES, 2 MARINAS, WATER SKIING, SWIMMING POOL WITH SPLASH POND, LODGE, SUMMERFEST, TENNIS, ETC. NATURAL GAS AND ELECTRIC AT THE STREET. ONLY 50 MILES FROM MADISON, WI AND 90 MILES FROM O'HARE!

Last Agent to Sell the Property

Scott Wilke

Best Realty License #471.020358 Listed on: 03/11/2022

Co-Listed By

Ryan Wilke

Best Realty

Last Buyer's Agent

Don Morgan

Morgan Realty, Inc. License #471013558

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $83

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $71 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

$83

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Class: LAND
  • Exemptions: Additional Exemptions Apply
  • 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 2202
  • Lot Acreage: 0.34
  • Lvt Date: 03/28/2022
  • Rear: 75
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 200
  • Side R: 200
  • Agent Only_ L A1 User Code: 110179
  • Elementary School: Durand Elementary
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: 285-ACRE LAKE WITH FISHING, BOATING, 2 BEACHES, 2 MARINAS, WATER SKIING, SWIMMING POOL WITH SPLASH POND, LODGE, SUMMERFEST, TENNIS, ETC. NATURAL GAS AND ELECTRIC AT THE STREET. ONLY 50 MILES FROM MADISON, WI AND 90 MILES FROM O'HARE!
  • Designated Managing Broker Y N: Yes
  • L O1 Brokerage Number: 481010044
  • L O2 Brokerage Number: 481010044
  • S O1 Brokerage Number: 478025436
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 850

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: 2020
  • Taxes: 52

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
Mar 11, 2022
Closed on
Mar 17, 2023
Sold by
Armato Samuel G and Armato Suzanne
Bought by
Smith Carroll and Smith Mary Anne
Seller's Agent
Scott Wilke
Best Realty
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$5,000
Sold Price
$2,800
Premium/Discount to List
-$2,200
-44%
Views
5
Current Estimated Value
$151,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,533
Avg. Annual Appreciation
384.05%

Purchase Details

Listed on
Mar 11, 2022
Closed on
Mar 9, 2023
Sold by
Armato Samuel G and Armato Suzanne
Bought by
Smith Carroll and Smith Mary Anne
Seller's Agent
Scott Wilke
Best Realty
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$5,000
Sold Price
$2,800
Premium/Discount to List
-$2,200
-44%
Views
5

Purchase Details

Closed on
May 23, 2003
Bought by
Armato Samuel G and Armato Suzanne
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
Smith Carroll $3,000 Security First Title
Smith Carroll $3,000 Security First Title
Armato Samuel G $12,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $2,800 -26.3% --
02/21/2023 02/21/23 Pending -- -- --
10/24/2022 10/24/22 Price Changed $3,800 -24.0% --
09/29/2022 09/29/22 For Sale $5,000 +78.6% --
09/15/2022 09/15/22 Off Market $2,800 -- --
08/30/2022 08/30/22 Price Changed $5,000 -33.3% --
03/11/2022 03/11/22 For Sale $7,500 -- --
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 $83 $1,089 $1,089 --
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 $142 $1,189 $1,189 $0
2017 $124 $1,166 $1,166 $0
2016 $160 $1,418 $1,418 $0
2015 $160 $1,418 $1,418 $0
2014 $158 $1,418 $1,418 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Wilke

    Seller's Agent in 2023

    Scott Wilke

    Best Realty

    (815) 793-5831

    49 in this area

    180 Total Sales

    Scott Wilke
    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Ryan Wilke

    Best Realty

  • Don Morgan

    Buyer's Agent in 2023

    Don Morgan

    Morgan Realty, Inc.

    (815) 656-4162

    96 in this area

    300 Total Sales

    Don Morgan
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202201636

NorthWest Illinois Alliance of REALTORS®

APN: 05-07-151-010

Illinois Winnebago County Davis 61019 Lake Summerset

2202 Gainsboro Ave, Davis, IL

This home is located at 2202 Gainsboro Ave, Davis, IL 61019 since 11 March 2022 and is currently estimated at $151,333. 2202 Gainsboro Ave is a home located in Winnebago County with nearby schools including Durand Elementary School, Durand Junior High School, and Durand High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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