NOT LISTED FOR SALE

7 Lake Summerset Rd Davis, IL 61019

Estimated Value: $451,000 - $517,000

5 Beds
4 Baths
1,750 Sq Ft
$278/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2014

Last sale price $260,000 $149 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,519 / mo

158 Days on Market

Highlights

  • Gated Community
  • Deck
  • Wooded Lot
  • Waterfront
  • Creek On Lot
  • Ranch Style House

About This Home

As of August 2014

Grand Lake Front Home! Approx 3,500 Sq Ft finished living space! This home comes Furnished! Located in the No Wake area W/ Great Fishing right off your very own Dock! Fabulous waterfront patio & Cantilever Pier. Upper & Lower Decks Overlooking Lake Summerset! Wooded Lot, Extra parking area, Heated garage. Sellers just Completely Renovated the Entire Walk-Out Lower level! Features a Brand New 2nd Kitchen/ Bar with Granite counter tops & high end Finishes. Brand New 5th Bed Room (Sleeps 8) W/ 8-custom Oak Built-in Bunk Beds & 8-themed matching Lockers ( Enough room for the whole Team to stay over). 2- Fireplaces, Lower level Family Room Over looking the lake. A Recreation package will be available ( Boat-Boat lift- Golf cart- Kayaks- Etc). Come See This waterfront Retreat for Yourself!

Last Agent to Sell the Property

Mark Savala

Morgan Realty, Inc. License #475126259 Listed on: 01/18/2014

Last Buyer's Agent

Mark Savala

Morgan Realty, Inc. License #475126259 Listed on: 01/18/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,657

Year Built

  • Built in 1980

Lot Details

  • 22,216 Sq Ft Lot
  • Waterfront
  • Wooded Lot

HOA Fees

  • $52 Monthly HOA Fees

Home Design

  • House
  • Ranch Style House
  • Shingle Roof
  • Siding

Interior Spaces

  • Fireplace

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Creek On Lot
  • 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

$6,657

Year Built

Built in 1980

Lot Details

0.51 Acres

HOA Fees

$52 per month

Listing Details

  • Type: Creek/Pond, Gated Community, Water Front, Wooded
  • Additional Room 5: Bedroom 5, Dimensions: 22x14, On Level: Walk Out
  • Additional Room 6: LL Kit/Bar, Dimensions: 14x16
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Sump Pump, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1750
  • Estimated Below Grade Finished Sq Ft: 1750
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • Front: 75
  • General Features: County Taxes, Deck, Full Exposure, Laundry 1st Floor, L.L. Finished Space, Main Floor Master, Patio
  • Hoa Fee Frequency: Yearly
  • Legal Description: lot 7 sec 1 springhill sub lss
  • Lot Acreage: 0.51
  • Number of Lower Level Full Bathrooms: 2
  • Number of Main Level Full Bathrooms: 2
  • Rear: 52.35
  • Side 1: 325
  • Side 2: 337.2
  • 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: Grand Lake Front Home! Approx 3,500 Sq Ft finished living space! This home comes Furnished! Located in the No Wake area W/ Great Fishing right off your very own Dock! Fabulous waterfront patio & Cantilever Pier. Upper & Lower Decks Overlooking Lake Summerset! Wooded Lot, Extra parking area, Heated garage. Sellers just Completely Renovated the Entire Walk-Out Lower level! Features a Brand New 2nd Kitchen/ Bar with Granite counter tops & high end Finishes. Brand New 5th Bed Room (Sleeps 8) W/ 8-custom Oak Built-in Bunk Beds & 8-themed matching Lockers ( Enough room for the whole Team to stay over). 2- Fireplaces, Lower level Family Room Over looking the lake. A Recreation package will be available ( Boat-Boat lift- Golf cart- Kayaks- Etc). Come See This waterfront Retreat for Yourself!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Basement Type: Full
  • Master Bedroom: Dimensions: 15x12, On Level: Main
  • Fireplace Type: Both Gas and Wood
  • Bedroom 2: Dimensions: 12.2x10, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Bedroom 4: Dimensions: 11x10, On Level: Walk Out
  • Dining Room: Yes, On Level: Main, Dimensions: 12x9
  • Family Room: Yes, On Level: Walk Out, Dimensions: 19.2x14.8
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Kitchen: Dimensions: 18x12, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 32x15
  • Total Bathrooms: 4
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 620

Building Info

  • Year Built: 1980

Tax Info

  • Year: 2013
  • Taxes: 6657

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2014
Closed on
Jul 1, 2014
Sold by
Bought by
Seller's Agent
Mark Savala
Morgan Realty, Inc.
Buyer's Agent
Mark Savala
Morgan Realty, Inc.
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Current Estimated Value
$486,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,394
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
Sep 6, 2011
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$260,000 --
$279,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/15/2014 08/15/14 Sold $260,000 -13.3% $149 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
01/18/2014 01/18/14 For Sale $299,900 -- $171 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,956 $133,498 $43,598 $89,900
2023 $9,036 $118,630 $36,717 $81,913
2022 $8,846 $102,096 $33,556 $68,540
2021 $8,101 $98,122 $32,250 $65,872
2020 $7,973 $98,122 $32,250 $65,872
2019 $7,968 $101,418 $33,333 $68,085
2018 $6,930 $89,688 $25,188 $64,500
2017 $6,786 $87,809 $25,188 $62,621
2016 $6,782 $87,809 $25,188 $62,621
2015 $7,322 $84,763 $25,000 $59,763
2013 $6,657 $76,215 $26,000 $50,215
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mark Savala

    Morgan Realty, Inc.

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201400266

NorthWest Illinois Alliance of REALTORS®

APN: 15-10-01-153-008

Illinois Stephenson County Davis 61019

7 Lake Summerset Rd, Davis, IL

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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