NOT LISTED FOR SALE

692 Lake Summerset Rd Davis, IL 61019

Estimated Value: $263,000 - $288,000

5 Beds
3 Baths
1,500 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $153,000 $102 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,985/month

14 Days on Market

Highlights

  • Gated Community
  • Ranch Style House
  • Brick or Stone Mason
  • Deck
  • 1 Fireplace
  • Patio

About This Home

As of July 2015

Custom Built 5-Bedroom, 3-Bath, Lake Summerset Ranch Home with Full Finished Walk-Out Lower level! Features 3-Car attached garage, Huge Open Living Area with Soaring Vaulted Ceilings! Custom Kitchen with Eating Area Overlooking the Rear Deck & Park. Six Panel Oak Doors, Custom Oak Millwork, Brick face Fireplace, Huge Family Room Walks-out to Concrete Patio. Walking Distance to the Community Pool & Kids Splash Park! Enjoy the 285 Acre Lake w/ 2- Beaches, 2- Boat Marinas, Swim, Fish, Boating, water Ski, FUN!!! Call Mark for a showing of 692 lake Summerset Rd. 815-978-6842

Last Listed By

Mark Savala

Morgan Realty Inc. License #475126259 Listed on: 06/04/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,397

Year Built

  • Built in 2007

Lot Details

  • 0.43 Acre Lot

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Shingle Roof
  • Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

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
  • Gas Water Heater

Community Details

Overview

  • Association fees include pool access, water access, clubhouse

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,397

Year Built

Built in 2007

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Type: Gated Community
  • Additional Room 5: Bed 5, Dimensions: 14.9x13.6, On Level: Walk Out
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Microwave, Stove/Cooktop
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1500
  • Estimated Below Grade Finished Sq Ft: 1350
  • Exemptions: Owner, Senior
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 102.04
  • General Features: County Taxes, Deck, Full Exposure, L.L. Finished Space, Main Floor Master, Patio
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: Lot 692 Sec 4 Cobblehill Sub Lake Summerset
  • Lot Acreage: 0.43
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Rear: 52
  • Side 1: 221.49
  • Side 2: 228.8
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 5936
  • Elementary School: Dakota Elementary
  • Garage Type Driveway: Attached
  • Pertinent Facts: Custom Built 5-Bedroom, 3-Bath, Lake Summerset Ranch Home with Full Finished Walk-Out Lower level! Features 3-Car attached garage, Huge Open Living Area with Soaring Vaulted Ceilings! Custom Kitchen with Eating Area Overlooking the Rear Deck & Park. Six Panel Oak Doors, Custom Oak Millwork, Brick face Fireplace, Huge Family Room Walks-out to Concrete Patio. Walking Distance to the Community Pool & Kids Splash Park! Enjoy the 285 Acre Lake w/ 2- Beaches, 2- Boat Marinas, Swim, Fish, Boating, water Ski, FUN!!! Call Mark for a showing of 692 lake Summerset Rd. 815-978-6842
  • L O1 Brokerage Number: 478025436
  • S O1 Brokerage Number: 478025436
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Basement Type: Full
  • Master Bedroom: Dimensions: 20x13.8, On Level: Main
  • Fireplace Type: Both Gas and Wood
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Bedroom 4: Dimensions: 17.10x15.3, On Level: Walk Out
  • Dining Room: Yes, On Level: Main, Dimensions: 10.6x9
  • Family Room: Yes, On Level: Walk Out, Dimensions: 31x15.4
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Kitchen: Dimensions: 11x10.6, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 19.6x18
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 3

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 665

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: 2007

Tax Info

  • Year: 2014
  • Taxes: 3397

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
Jun 4, 2015
Closed on
Jul 1, 2015
Sold by
Gabel Carol A and Bieneman Susan
Bought by
Schuler Ray and Schuler Jennifer
Seller's Agent
Mark Savala
Morgan Realty Inc.
Buyer's Agent
Kandy Tiffany-Morgan
Morgan Realty Inc.
List Price
$159,900
Sold Price
$153,000
Premium/Discount to List
-$6,900
-4.32%
Total Days on Market
14
Current Estimated Value
$274,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,594
Avg. Annual Appreciation
6.07%

Purchase Details

Closed on
Oct 19, 2006

Range of Values:

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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
Schuler Ray $153,000 --
-- $199,340 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Sold $153,000 -4.3% $102 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $159,900 -- $107 / 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 $4,893 $63,360 $1,041 $62,319
2022 $4,705 $54,722 $969 $53,753
2021 $4,383 $53,195 $942 $52,253
2020 $4,367 $53,195 $942 $52,253
2019 $4,240 $52,152 $924 $51,228
2018 $4,126 $50,781 $924 $49,857
2017 $4,002 $49,329 $924 $48,405
2016 $3,997 $49,329 $924 $48,405
2015 $3,573 $48,962 $917 $48,045
2013 $3,430 $49,745 $975 $48,770
Source: Public Records

Agents Affiliated with this Home

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Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201503487

NorthWest Illinois Alliance of REALTORS®

APN: 06-10-12-226-003