NOT LISTED FOR SALE

Estimated Value: $39,000 - $96,000

0.34 Acre
$198,529 Price per Acre
14,810 Sq Ft Lot

Last Sold July 22, 2019

Last sale price $1,800

Est. 3,650% increase in value since last sale

Current estimated payment $384/month

53 Days on Market

About This Lot

As of July 2019

Prime location on Lake Summerset Road. Close to lodge, front gate, marina and beach. Clear grass lot with slight slope down from road. Potential for rear walk out lower level.

Last Listed By

Don Morgan

Morgan Realty Inc. License #471013558 Listed on: 05/02/2019

Property Details

Property Type

  • Land

Lot Details

  • 0.34 Acre Lot

Schools

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

Community Details

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LAND
  • Front: 75
  • General Features: County Taxes, Exposure Possible
  • Grid: 11
  • Legal Description: Corrected Final Plat 2 of Lake Summerset-Bramble Wood Sec 9 Lot 2308
  • Lot Acreage: 0.34
  • Lvt Date: 05/04/2019
  • Rear: 75
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 200
  • Side R: 200
  • Agent Only_ L A1 User Code: 8498
  • Elementary School: Durand Elementary
  • Pertinent Facts: Prime location on Lake Summerset Road. Close to lodge, front gate, marina and beach. Clear grass lot with slight slope down from road. Potential for rear walk out lower level.
  • L O1 Brokerage Number: 478025436
  • S O1 Brokerage Number: 481010044
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 740

Schools

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

Lot Info

  • Land Features: Gated Community

Tax Info

  • Year: 2017
  • Taxes: 122

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 2, 2019
Closed on
Jul 18, 2019
Sold by
Gloria Gerald
Bought by
Herbert Corey and Herbert Stefanie
Seller's Agent
Don Morgan
Morgan Realty Inc.
Buyer's Agent
Patricia Tynan
Best Realty
List Price
$15,900
Sold Price
$1,800
Premium/Discount to List
-$14,100
-88.68%
Total Days on Market
53
Current Estimated Value
$67,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,700
Avg. Annual Appreciation
86.80%

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
Herbert Corey $2,000 Security First Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $1,800 -5.3% --
06/24/2019 06/24/19 Pending -- -- --
06/17/2019 06/17/19 Price Changed $1,900 -88.1% --
05/02/2019 05/02/19 For Sale $15,900 -- --
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 $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 $156 $1,418 $1,418 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201902256

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-102-019