NOT LISTED FOR SALE

238 Lake Summerset Rd Lake Summerset, IL 61019

Estimated Value: $26,000 - $130,000

0.46 Acre
$131,183 Price per Acre
20,038 Sq Ft Lot

Last Sold October 31, 2022

Last sale price $4,300

Est. 1,303% increase in value since last sale

Current estimated payment $423/month

20 Days on Market

Highlights

  • Water Views
  • Gated Community
  • Level Lot

About This Lot

As of October 2022

Almost 1/2 acre lot in the Dakota Schools section of Lake Summerset. 1st tier flat grass lot location with some water view. Very close to Otter Creek , Spring and Juniper Parks. Easy to build on but you never have to unless you want a house. Association fees are $850 per year. City sewer and water at the lot line. All underground utilities for pleasing sightlines and limited light pollution. Very nice lot at an excellent price.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 09/10/2022

Last Buyer's Agent

Debra Hauser

Best Realty License #475202975

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $180

Lot Details

  • 0.46 Acre Lot
  • Level Lot

HOA Fees

  • $71 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Dakota 201 Elementary And Middle School
  • Dakota 201 High School

Community Details

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$180

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Class: LAND
  • Front: 99
  • General Features: County Taxes
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: LOT 238 SECT 2 DOVER SUB LAKE SUMMERSET
  • Lot Acreage: 0.46
  • Lvt Date: 09/10/2022
  • Rear: 100.56
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 184.76
  • Side R: 202.41
  • Agent Only_ L A1 User Code: 8498
  • Elementary School: Dakota 201
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Almost 1/2 acre lot in the Dakota Schools section of Lake Summerset. 1st tier flat grass lot location with some water view. Very close to Otter Creek , Spring and Juniper Parks. Easy to build on but you never have to unless you want a house. Association fees are $850 per year. City sewer and water at the lot line. All underground utilities for pleasing sightlines and limited light pollution. Very nice lot at an excellent price.
  • Designated Managing Broker Y N: Yes
  • 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: 850

Schools

  • School District: Dakota 201
  • Elementary School: Dakota 201
  • Middle School: Dakota 201
  • High School: Dakota 201

Lot Info

  • Topography: Level
  • Land Features: Gated Community, Water View

Tax Info

  • Year: 2021
  • Taxes: 180

MLS Schools

  • HighSchool: Dakota 201
  • School District: Dakota 201
  • Middle School: Dakota 201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Nov 4, 2022
Sold by
Patel Jayesh
Bought by
Ackerman Gary and Ackerman Tina
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Debra Hauser
Best Realty
List Price
$4,999
Sold Price
$4,300
Premium/Discount to List
-$699
-13.98%
Current Estimated Value
$60,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,044
Avg. Annual Appreciation
170.95%

Purchase Details

Closed on
Nov 26, 2002
Source: Public Records

Similar Property in the area

  • 209 Lake Summerset Rd, Davis, IL 61019

    $75,000

    • Land
    • 0.4 Acre
    • $187,500 per Acre
    • 209 Lake Summerset Rd
    • Davis, IL

    Can't find your dream lake home? Build One! Please note the sample rendering of a home that can be built on this lot. Welcome to the Summerset Lake Community - family friendly gated community surrounding a 275-acre lake located in Northwest Illinois. There is fun for everyone in this year round retreat, both on and off the lake. Enjoy fishing, skiing, boating, camping, sledding, snowmobile

    Rosanna DeFrenza Berkshire Hathaway HomeServices American Heritage

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ackerman Gary $4,300 --
-- $59,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $4,300 -14.0% --
09/30/2022 09/30/22 Pending -- -- --
09/10/2022 09/10/22 For Sale $4,999 -- --
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 $186 $2,220 $2,220 $0
2022 $195 $2,029 $2,029 $0
2021 $180 $1,950 $1,950 $0
2020 $178 $1,950 $1,950 $0
2019 $183 $2,015 $2,015 $0
2018 $183 $2,015 $2,015 $0
2017 $184 $2,015 $2,015 $0
2016 $184 $2,015 $2,015 $0
2015 $186 $2,000 $2,000 $0
2013 $213 $2,438 $2,438 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Morgan

    Seller's Agent in 2022

    Don Morgan

    Morgan Realty, Inc.

    (815) 656-4162

    302 Total Sales

    Don Morgan
    Section Image

  • D

    Buyer's Agent in 2022

    Debra Hauser

    Best Realty

    (815) 703-2830

    32 Total Sales

    Debra Hauser
    Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202206060

NorthWest Illinois Alliance of REALTORS®

APN: 15-10-01-104-025

Illinois Stephenson County 61019

238 Lake Summerset Rd, IL

This home is located at 238 Lake Summerset Rd, Lake Summerset, IL 61019 since 10 September 2022 and is currently estimated at $60,344. 238 Lake Summerset Rd is a home located in Stephenson County with nearby schools including Dakota Elementary School and Dakota Junior/Senior 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.

Nearby Homes