NOT LISTED FOR SALE

2371 Butternut Bend Davis, IL 61019

Lake Summerset Neighborhood

Estimated Value: $60,000

0.34 Acre
$176,471 Price per Acre
14,810 Sq Ft Lot

Last Sold June 26, 2020

Last sale price $2,000

Est. 2,900% increase in value since last sale

Current estimated payment $398/month

About This Lot

As of June 2020

PERFECT LOCATION, CLOSE TO LAKE & MARINA. BACKS TO PARK. COME AND ENJOY LIVING AT LAKE SUMMERSET, A GATED COMMUNITY WITH A 285 ACRE LAKE PLUS GREAT FISHING, BOATING, 2 MARINAS, 2 BEACHES, HEATED SWIMMING POOL, TENNIS, BOCCI BALL, PICKLE BALL, LOVELY LODGE FOR ENTERTAINING. WATER, SEWER, ELECTRIC & NATURAL GAS AT STREET. 90 MILES TO OHARE, 60 MILES TO MADISON, 25 MINUTES TO MONROE.

Last Agent to Sell the Property

Patricia Tynan

Best Realty License #475130486 Listed on: 05/13/2020

Last Buyer's Agent

Patricia Tynan

Best Realty License #475130486 Listed on: 05/13/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $114

Lot Details

  • 0.34 Acre Lot

HOA Fees

  • $62 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

$114

Lot Details

0

HOA Fees

$62 per month

Listing Details

  • Class: LAND
  • Front: 75
  • General Features: County Taxes
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET SEC 9 BRAMBLEWOOD LOT 2371
  • Lot Acreage: 0.34
  • Lvt Date: 05/18/2020
  • Rear: 75
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 200
  • Side R: 200
  • Agent Only_ L A1 User Code: 5194
  • Elementary School: Durand Elementary
  • Pertinent Facts: PERFECT LOCATION, CLOSE TO LAKE & MARINA. BACKS TO PARK. COME AND ENJOY LIVING AT LAKE SUMMERSET, A GATED COMMUNITY WITH A 285 ACRE LAKE PLUS GREAT FISHING, BOATING, 2 MARINAS, 2 BEACHES, HEATED SWIMMING POOL, TENNIS, BOCCI BALL, PICKLE BALL, LOVELY LODGE FOR ENTERTAINING. WATER, SEWER, ELECTRIC & NATURAL GAS AT STREET. 90 MILES TO OHARE, 60 MILES TO MADISON, 25 MINUTES TO MONROE.
  • L O1 Brokerage Number: 481010044
  • 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: 2019
  • Taxes: 51

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 13, 2020
Closed on
Jul 15, 2020
Sold by
Hyzy Brian K
Bought by
Berg Adam
Seller's Agent
Patricia Tynan
Best Realty
Buyer's Agent
Patricia Tynan
Best Realty
List Price
$10,000
Sold Price
$2,000
Premium/Discount to List
-$8,000
-80%
Current Estimated Value
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,000
Avg. Annual Appreciation
76.55%
Original Mortgage
$111,150
Outstanding Balance
$99,698
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
-$61,698

Purchase Details

Listed on
May 13, 2020
Closed on
Jul 10, 2020
Sold by
Hyzy Brian K
Bought by
Berg Adam
Seller's Agent
Patricia Tynan
Best Realty
Buyer's Agent
Patricia Tynan
Best Realty
List Price
$10,000
Sold Price
$2,000
Premium/Discount to List
-$8,000
-80%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,150
Outstanding Balance
$99,698
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
-$61,698

Purchase Details

Listed on
May 13, 2020
Closed on
Jun 22, 2020
Sold by
Hyzy Brian K
Bought by
Berg Adam
Seller's Agent
Patricia Tynan
Best Realty
Buyer's Agent
Patricia Tynan
Best Realty
List Price
$10,000
Sold Price
$2,000
Premium/Discount to List
-$8,000
-80%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,150
Outstanding Balance
$99,698
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
-$61,698
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
Berg Adam $2,000 Zimmerman & Walsh Llp
Berg Adam $2,000 Zimmerman & Walsh Llp
Berg Adam $2,000 Zimmerman & Walsh Llp
Berg Adam $2,000 Zimmerman & Walsh Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berg Adam $111,150
Closed Berg Adam $111,150
Closed Berg Adam $111,150
Closed Berg Adam $111,150
Closed Berg Adam $111,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $2,000 -80.0% --
05/13/2020 05/13/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $10,000 -- --
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 $263 $2,040 $2,040 $0
2017 $209 $2,000 $2,000 $0
2016 $316 $2,836 $2,836 $0
2015 $316 $2,836 $2,836 $0
2014 $312 $2,836 $2,836 $0
Source: Public Records

Agents Affiliated with this Home

  • Patricia Tynan

    Seller's Agent in 2020

    Patricia Tynan

    Best Realty

    (815) 543-2297

    63 in this area

    136 Total Sales

    Patricia Tynan
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202002451

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-151-016

Illinois Winnebago County Davis 61019 Lake Summerset

2371 Butternut Bend, Davis, IL

This home is located at 2371 Butternut Bend, Davis, IL 61019 since 13 May 2020 and is currently estimated at $60,000. 2371 Butternut Bend 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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