NOT LISTED FOR SALE

664 Lake Summerset Rd Lake Summerset, IL 61019

Estimated Value: $18,000 - $108,000

0.46 Acre
$130,435 Price per Acre
20,038 Sq Ft Lot

Last Sold May 24, 2024

Last sale price $3,000

Est. 1,900% increase in value since last sale

Current estimated payment $405/month

4 Days on Market

About This Lot

As of May 2024

Excellent, buildable corner lot on almost 1/2 an acre (can be combined with adjacent lot for more land) in beautiful, Lake Summerset! This lot allows for a partial exposure and the plat pins are already marked. Utilities are at the road for convenience! Come see what the lake has to offer including a fully, stocked 285-acre lake with award-winning fishing, two marinas, two beaches, a private campground, a swimming pool with splash pad, and much more!

Last Agent to Sell the Property

Christine Wilke

Best Realty License #475.191424 Listed on: 04/29/2024

Last Buyer's Agent

Patricia Tynan

Best Realty License #475130486

Property Details

Property Type

  • Land

Lot Details

  • 0.46 Acre Lot
  • Sloped Lot

HOA Fees

  • $85 Monthly HOA Fees

Schools

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

Community Details

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Class: LAND
  • General Features: County Taxes, Exposure Possible
  • Hoa Fee Frequency: Yearly
  • Legal Description: LOT 664 SECT 4 COBBLEHILL SUB LSS
  • Lot Acreage: 0.46
  • Lvt Date: 04/29/2024
  • Type: Land
  • Buildable Lot: Yes
  • Agent Only_ L A1 User Code: 110640
  • Elementary School: Dakota 201
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Excellent, buildable corner lot on almost 1/2 an acre (can be combined with adjacent lot for more land) in beautiful, Lake Summerset! This lot allows for a partial exposure and the plat pins are already marked. Utilities are at the road for convenience! Come see what the lake has to offer including a fully, stocked 285-acre lake with award-winning fishing, two marinas, two beaches, a private campground, a swimming pool with splash pad, and much more!
  • Designated Managing Broker Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1015

Lot Info

  • Topography: Slope to Front
  • Land Features: Gated Community

Tax Info

  • Year: 2022
  • Taxes: 60

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
Apr 29, 2024
Closed on
Jun 4, 2024
Sold by
Lannon Thomas
Bought by
Grzywa Teresa D and Aguilera Anna I
Seller's Agent
Christine Wilke
Best Realty
Buyer's Agent
Patricia Tynan
Best Realty
List Price
$3,750,000
Sold Price
$3,000
Premium/Discount to List
-$3,747,000
-99.92%
Views
8
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
$57,000
Avg. Annual Appreciation
558.05%

Purchase Details

Listed on
Feb 7, 2024
Closed on
Mar 4, 2024
Sold by
Park Heidi Jeeho
Bought by
Lannon Thomas
Seller's Agent
Don Morgan
Morgan Realty, Inc.
Buyer's Agent
Don Morgan
Morgan Realty, Inc.
List Price
$4,500
Sold Price
$3,500
Premium/Discount to List
-$1,000
-22.22%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-47.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grzywa Teresa D $6,000 --
Lannon Thomas $7,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2024 05/24/24 Sold $3,000 -20.0% --
05/03/2024 05/03/24 Pending -- -- --
04/29/2024 04/29/24 Price Changed $3,750 -99.9% --
04/29/2024 04/29/24 For Sale $3,750,000 +107042.9% --
02/28/2024 02/28/24 Sold $3,500 -22.2% -- View Prior Sale
02/10/2024 02/10/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $4,500 -- --
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 $60 $677 $677 $0
2023 $58 $677 $677 $0
2022 $60 $630 $630 $0
2021 $57 $612 $612 $0
2020 $57 $612 $612 $0
2019 $55 $600 $600 $0
2018 $55 $600 $600 $0
2017 $85 $924 $924 $0
2016 $85 $924 $924 $0
2015 $86 $917 $917 $0
2013 $86 $975 $975 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202401962

NorthWest Illinois Alliance of REALTORS®

APN: 06-10-12-227-011