NOT LISTED FOR SALE

2277 Drexel Ave Davis, IL 61019

Lake Summerset Neighborhood

Estimated Value: $225,000 - $279,000

3 Beds
2 Baths
1,508 Sq Ft
$166/Sq Ft Est. Value

Last Sold November 28, 2018

Last sale price $133,000 $88 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,759/month

74 Days on Market

Highlights

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

About This Home

As of November 2018

Lake Summerset 3 Bedroom w/ Office ( or 4th non conforming Bedroom), 2 Full Baths, Oversized 2.5 car Garage! Finished Walk-out Lower level, Huge Rec Room on Main Level! Hardwood & tile flooring throughout! Vaulted Ceilings! Backs up to the Country! large rear Deck with fruit trees in back yard! Includes all Lake Summerset Amenities- 285 Acre lake, 2- Sand Beaches, 2- Marinas, Swimming Pool & Kids Spray park, Fishing, Boating Swimming, Water Ski, Fun!

Last Agent to Sell the Property

Mark Savala

Morgan Realty, Inc. License #475126259 Listed on: 05/05/2018

Last Buyer's Agent

Don Morgan

Morgan Realty, Inc. License #471013558

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,398

Year Built

  • Built in 1996

Lot Details

  • 0.34

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • Bi-Level Home
  • Shingle Roof
  • Siding

Kitchen

  • Stove
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Garage
  • Driveway

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • 0.34 Acre Lot

Community Details

Overview

  • Association fees include pool access, water access, clubhouse

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,398

Year Built

Built in 1996

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Type: Gated Community
  • Additional Room 5: Office/bed, Dimensions: 12x9.5, On Level: Walk Out
  • Appliances That Stay or Are Included: Dryer, Refrigerator, Stove/Cooktop, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1508
  • Estimated Below Grade Finished Sq Ft: 800
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 82
  • General Features: County Taxes, Deck, Full Exposure, L.L. Finished Space, Main Floor Master
  • Hoa Fee Frequency: Yearly
  • Legal Description: corrected final plat 2 of lake summerset-Bramblewood sec 9 lot 2277
  • Lot Acreage: 0.34
  • Lvt Date: 05/05/2018
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Rear: 82
  • Side 1: 185
  • Side 2: 185
  • Stove Range Fuel: Gas
  • Style: Bi-Level
  • Type: House
  • Agent Only_ L A1 User Code: 5936
  • Elementary School: Durand Elementary
  • Garage Type Driveway: Attached
  • Pertinent Facts: Lake Summerset 3 Bedroom w/ Office ( or 4th non conforming Bedroom), 2 Full Baths, Oversized 2.5 car Garage! Finished Walk-out Lower level, Huge Rec Room on Main Level! Hardwood & tile flooring throughout! Vaulted Ceilings! Backs up to the Country! large rear Deck with fruit trees in back yard! Includes all Lake Summerset Amenities- 285 Acre lake, 2- Sand Beaches, 2- Marinas, Swimming Pool & Kids Spray park, Fishing, Boating Swimming, Water Ski, Fun!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Master Bedroom: Dimensions: 14.10x10, On Level: Main
  • Bedroom 2: Dimensions: 12.3x9, On Level: Main
  • Bedroom 3: Dimensions: 12.3x9.2, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 12.4x10.1
  • Family Room: Yes, On Level: Walk Out, Dimensions: 20.7x11
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 12.4x9.1, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 14x12.3
  • Recreation Room: Yes, On Level: Main, Dimensions: 24.11x13.5
  • Total Bathrooms: 2

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Fees: 725

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2017
  • Taxes: 4398

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
May 5, 2018
Closed on
Nov 26, 2018
Sold by
John Zielinski and John Marianne
Bought by
Waddington Bret A
Seller's Agent
Mark Savala
Morgan Realty, Inc.
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$139,900
Sold Price
$133,000
Premium/Discount to List
-$6,900
-4.93%
Current Estimated Value
$250,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,818
Avg. Annual Appreciation
9.33%
Original Mortgage
$106,400
Outstanding Balance
$66,742
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$184,076

Purchase Details

Closed on
Jul 9, 1995
Bought by
Zielinski John and Zielinski Marianne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Waddington Bret A $133,000 Security First Title
Waddington Bret A $133,000 Security First Title
Zielinski John $15,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waddington Bret A $106,400
Closed Waddington Bret A $106,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2018 11/28/18 Sold $133,000 -4.9% $88 / Sq Ft
08/06/2018 08/06/18 For Sale $139,900 0.0% $93 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
06/07/2018 06/07/18 Price Changed $139,900 -2.1% $93 / Sq Ft
05/05/2018 05/05/18 For Sale $142,900 -- $95 / 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 $4,667 $68,282 $2,281 $66,001
2023 $4,181 $58,511 $1,955 $56,556
2022 $3,725 $51,686 $1,744 $49,942
2021 $3,823 $47,593 $1,606 $45,987
2020 $3,789 $45,793 $1,545 $44,248
2019 $3,726 $44,633 $1,506 $43,127
2018 $4,425 $42,847 $1,446 $41,401
2017 $4,398 $42,007 $1,418 $40,589
2016 $4,010 $42,007 $1,418 $40,589
2015 $2,007 $42,007 $1,418 $40,589
2014 $4,002 $42,007 $1,418 $40,589
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mark Savala

    Morgan Realty, Inc.

    Section Image
  • Don Morgan

    Buyer's Agent in 2018

    Don Morgan

    Morgan Realty, Inc.

    (815) 656-4162

    97 in this area

    295 Total Sales

    Don Morgan
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201802331

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-101-007

Illinois Winnebago County Davis 61019 Lake Summerset

2277 Drexel Ave, Davis, IL

Not Listed for Sale

Detached

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