NOT LISTED FOR SALE

2318 Lake Summerset Rd Davis, IL 61019

Lake Summerset Neighborhood

Estimated Value: $206,000 - $256,000

3 Beds
2 Baths
1,350 Sq Ft
$175/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $129,900 $96 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,706/month

75 Days on Market

Highlights

  • Gated Community
  • Deck
  • Great Room
  • Durand Elementary School Rated A-
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of June 2016

Lake Summerset Ranch! 3-Bedroom, 2-Full Baths, Master Suite, 3- Season Room, Open floor plan W/ Soaring Vaulted Ceilings, Kitchen W/snack counter & Dining room, 2- car Full finished garage, Full Basement has partial 1/2 exposure for possible future finished Lower level. Natural gas forced air heat & Central A/C. Nicely Landscaped with many mature trees. Nice Move- In Ready Home. Includes all Lake Summerset Amenities: 285 Acre lake, Swimming Pool, 2- Sand Beaches, 2- Boat Marinas, Tennis, Bocce ball, Lodge, Fish-Boat-Swim-Water Ski- Have Fun!!!. Buyer will consider qualified purchasers for lease with option.

Last Listed By

Mark Savala

Morgan Realty Inc. License #475126259 Listed on: 05/02/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,509

Year Built

  • Built in 1997

Lot Details

  • 0.34

HOA Fees

  • $52 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,350 Sq Ft Home
  • Great Room

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 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
  • Water Softener

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

$3,509

Year Built

Built in 1997

Lot Details

0

HOA Fees

$52 per month

Listing Details

  • Type: Gated Community
  • Additional Room 5: 3-season, Dimensions: 13.8x12, On Level: Main
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Sump Pump, Washer, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1350
  • Exemptions: Owner
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 75
  • General Features: County Taxes, Deck, Great Room, Main Floor Master, Partial Exposure
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: corrected final plat 2 of lake summerset-Bramblewood sec 9 lot 2318.
  • Lot Acreage: 0.34
  • Number of Main Level Full Bathrooms: 2
  • Rear: 75
  • Side 1: 200
  • Side 2: 200
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 5936
  • Elementary School: Durand Elementary
  • Garage Type Driveway: Attached
  • Pertinent Facts: Lake Summerset Ranch! 3-Bedroom, 2-Full Baths, Master Suite, 3- Season Room, Open floor plan W/ Soaring Vaulted Ceilings, Kitchen W/snack counter & Dining room, 2- car Full finished garage, Full Basement has partial 1/2 exposure for possible future finished Lower level. Natural gas forced air heat & Central A/C. Nicely Landscaped with many mature trees. Nice Move- In Ready Home. Includes all Lake Summerset Amenities: 285 Acre lake, Swimming Pool, 2- Sand Beaches, 2- Boat Marinas, Tennis, Bocce ball, Lodge, Fish-Boat-Swim-Water Ski- Have Fun!!!. Buyer will consider qualified purchasers for lease with option.
  • L O1 Brokerage Number: 478025436
  • S O1 Brokerage Number: 478025436
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 12x10.10, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 10.6x10, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 13x10.6
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 10.6x10.6, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 14.6x11.6
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 620

Schools

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

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2011
  • Taxes: 3509

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, 2013
Closed on
Jun 24, 2016
Sold by
Kelleher Family Trust
Bought by
Bury Victor and Bury Esther
Seller's Agent
Mark Savala
Morgan Realty Inc.
Buyer's Agent
Mark Savala
Morgan Realty Inc.
List Price
$139,900
Sold Price
$129,900
Premium/Discount to List
-$10,000
-7.15%
Total Days on Market
75
Current Estimated Value
$235,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,683
Avg. Annual Appreciation
6.92%
Original Mortgage
$127,543
Interest Rate
3.99%
Mortgage Type
FHA

Range of Values:

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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
Bury Victor $129,900 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bury Victor $80,000
Closed Bury Victor $123,500
Closed Bury Victor $127,543
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $129,900 -7.1% $96 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $139,900 -- $104 / 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 $4,171 $58,374 $1,955 $56,419
2022 $3,715 $51,566 $1,744 $49,822
2021 $3,690 $46,144 $1,606 $44,538
2020 $3,656 $45,687 $1,545 $44,142
2019 $3,595 $43,274 $1,506 $41,768
2018 $3,665 $42,747 $1,446 $41,301
2017 $3,631 $40,679 $1,418 $39,261
2016 $3,450 $36,981 $1,418 $35,563
2015 $1,727 $36,981 $1,418 $35,563
2014 $3,449 $36,981 $1,418 $35,563
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mark Savala

    Morgan Realty Inc.

    (815) 978-6842

    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201302552

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-152-006

Illinois Winnebago County Davis 61019 Lake Summerset

2318 Lake Summerset Rd, Davis, IL

Homes for Sale in Davis, IL

This home is located at 2318 Lake Summerset Rd, Davis, IL 61019 since 02 May 2013 and is currently estimated at $235,583, approximately $174 per square foot. This property was built in 1997. 2318 Lake Summerset Rd 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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