NOT LISTED FOR SALE

2284 Drexel Ave Davis, IL 61019

Lake Summerset Neighborhood

Estimated Value: $66,000 - $87,000

0.39 Acre
$196,154 Price per Acre
16,988 Sq Ft Lot

Last Sold June 09, 2016

Last sale price $1,900

Est. 3,926% increase in value since last sale

Current estimated payment $468/month

10 Days on Market

Highlights

  • Gated Community
  • Durand Elementary School Rated A-
  • Creek On Lot

About This Lot

As of June 2016

Buildable lake Summerset Lot! Oversized Corner lot! Build your Dream Home, Or Just Enjoy All The Lake Summerset FUN! This Lot will give you access to all of Lake Summersets Amenities! 285 Acre Lake, Swimming Pool, 2- Sand Beaches, 2- Marinas, Lodge, Tennis, Bocce Ball, Disc Golf, Campgrounds! and Much More!

Last Agent to Sell the Property

Mark Savala

Morgan Realty, Inc. License #475126259 Listed on: 04/30/2016

Last Buyer's Agent

Mark Savala

Morgan Realty, Inc. License #475126259 Listed on: 04/30/2016

Property Details

Property Type

  • Land

Lot Details

  • 0.39 Acre Lot

HOA Fees

  • $57 Monthly HOA Fees

Schools

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

Community Details

Recreation

  • Creek On Lot

Additional Features

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$57 per month

Listing Details

  • Class: LAND
  • Front: 85.46
  • General Features: County Taxes
  • Hoa Fee Frequency: Yearly
  • Legal Description: corrected final plat 2 of lake summerset-bramble wood sec 9 lot 2284
  • Lot Acreage: 0.39
  • Lvt Date: 04/30/2016
  • Rear: 85.46
  • Type: Land
  • Buildable Lot: Yes
  • Min2 Story Sq Footage: 1200
  • Min Ranch Sq Footage: 1000
  • Other Bldg Requirements: Yes
  • Side L: 200
  • Side R: 200
  • Agent Only_ L A1 User Code: 5936
  • Elementary School: Durand Elementary
  • Pertinent Facts: Buildable lake Summerset Lot! Oversized Corner lot! Build your Dream Home, Or Just Enjoy All The Lake Summerset FUN! This Lot will give you access to all of Lake Summersets Amenities! 285 Acre Lake, Swimming Pool, 2- Sand Beaches, 2- Marinas, Lodge, Tennis, Bocce Ball, Disc Golf, Campgrounds! and Much More!
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 685

Lot Info

  • Land Features: Creek/Pond, Gated Community

Tax Info

  • Year: 2014
  • Taxes: 156

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
Apr 30, 2016
Closed on
Jun 9, 2016
Sold by
Lakeridge Homes Llc
Bought by
Gill Gregory L and Gill Connie L
Seller's Agent
Mark Savala
Morgan Realty, Inc.
Buyer's Agent
Mark Savala
Morgan Realty, Inc.
List Price
$2,600
Sold Price
$1,900
Premium/Discount to List
-$700
-26.92%
Current Estimated Value
$76,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,600
Avg. Annual Appreciation
47.37%

Purchase Details

Closed on
Sep 17, 2005
Bought by
Hill Scott J and Hill Gail F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gill Gregory L $1,900 Security First Title
Hill Scott J $43,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2016 06/09/16 Sold $1,900 -26.9% --
05/10/2016 05/10/16 Pending -- -- --
04/30/2016 04/30/16 For Sale $2,600 +36.8% --
07/24/2015 07/24/15 Sold $1,900 -26.9% -- View Prior Sale
06/24/2015 06/24/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $2,600 -- --
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 $114 $1,526 $1,526 --
2023 $104 $1,308 $1,308 $0
2022 $49 $604 $604 $0
2021 $51 $556 $556 $0
2020 $51 $535 $535 $0
2019 $50 $521 $521 $0
2018 $123 $1,189 $1,189 $0
2017 $122 $1,166 $1,166 $0
2016 $158 $1,418 $1,418 $0
2015 $79 $1,418 $1,418 $0
2014 -- $1,418 $1,418 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mark Savala

    Morgan Realty, Inc.

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201602449

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-102-001

Illinois Winnebago County Davis 61019 Lake Summerset

2284 Drexel Ave, Davis, IL

Not Listed for Sale

Lots

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