$21,000
SOLD MAR 20, 2020

614 Lake Summerset Rd Davis, IL 61019

2 Beds
1 Bath
735 Sq Ft
0.42 Acres

Recently Sold

$29 Per Sq Ft

44% Below List Price

12 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Wood Siding
  • Wooded Lot
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace

About This Home

As of February 2021

Cute as a bug A-Frame on a wooded lot in Lake Summerset. Super close to Birch Park. Easy walk to Sunrise Beach and pool/splash park. Updated gas forced air furnace. Better than average crawl space under home. Main floor is open area, kitchen / living area. Main floor bedroom and bath ( shower only ). The home needs roof repairs and updates all around. It's being offered As-Is.

Last Agent to Sell the Property

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 01/26/2020

Last Buyer's Agent

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 01/26/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 0.42 Acre Lot
  • Wooded Lot

HOA Fees

  • $64 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 735 Sq Ft Home
  • Wood Burning Fireplace

Kitchen

  • Stove
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Schools

  • Dakota Elementary School
  • Dakota Junior Senior High Middle School
  • Dakota Junior Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • Association fees include pool access, water access, clubhouse

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

HOA Fees

$64 per month

Listing Details

  • Type: Gated Community, Wooded
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 735
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 72
  • General Features: County Taxes, Main Floor Master
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: Lot 614 Sect 4 Cobblehill Sub LSS
  • Lot Acreage: 0.42
  • Lvt Date: 01/26/2020
  • Number of Main Level Full Bathrooms: 1
  • Rear: 103
  • Side 1: 214
  • Side 2: 207
  • Stove Range Fuel: Gas
  • Type: House
  • Agent Only_ L A1 User Code: 8498
  • Elementary School: Dakota Elementary
  • Pertinent Facts: Cute as a bug A-Frame on a wooded lot in Lake Summerset. Super close to Birch Park. Easy walk to Sunrise Beach and pool/splash park. Updated gas forced air furnace. Better than average crawl space under home. Main floor is open area, kitchen / living area. Main floor bedroom and bath ( shower only ). The home needs roof repairs and updates all around. It's being offered As-Is.
  • L O1 Brokerage Number: 478025436
  • S O1 Brokerage Number: 478025436
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Master Bedroom: Dimensions: 10x12, On Level: Main
  • Fireplace Type: Wood
  • Bedroom 2: Dimensions: 7x27, On Level: Upper
  • Dining Room: No
  • Family Room: No
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 8.6x8.4, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 20x11
  • Number Of Fireplaces: 1
  • Recreation Room: No
  • Total Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 765

Schools

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

Building Info

  • Year Built: 1972

Tax Info

  • Year: 2018
  • Taxes: 1531

MLS Schools

  • HighSchool: Dakota Junior Senior High
  • School District: Dakota 201
  • Middle School: Dakota Junior Senior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2020
Closed on
Mar 23, 2020
Sold by
Goral Carl L
Bought by
Stanford Carl and Stanford Leslie
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$37,500
Sold Price
$21,000
Premium/Discount to List
-$16,500
-44%
Current Estimated Value
$177,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,085
Avg. Annual Appreciation
47.14%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $21,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $112,000 0.0% $129 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/23/2021 01/23/21 For Sale $112,000 +433.3% $129 / Sq Ft
03/20/2020 03/20/20 Sold $21,000 -44.0% $29 / Sq Ft
02/08/2020 02/08/20 For Sale $37,500 0.0% $51 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
01/26/2020 01/26/20 For Sale $37,500 -- $51 / 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
2024 $3,133 $38,863 $1,209 $37,654
2023 $2,955 $35,327 $1,018 $34,309
2022 $1,629 $16,952 $930 $16,022
2021 $1,507 $16,292 $894 $15,398
2020 $1,491 $16,292 $894 $15,398
2019 $1,526 $16,839 $924 $15,915
2018 $1,531 $16,839 $924 $15,915
2017 $1,494 $16,375 $924 $15,451
2016 $1,493 $16,375 $924 $15,451
2015 $1,511 $16,253 $917 $15,336
2013 $1,523 $17,443 $975 $16,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202000385

NorthWest Illinois Alliance of REALTORS®

APN: 15-10-01-452-008