NOT LISTED FOR SALE

7 Lake Summerset Rd Davis, IL 61019

Estimated Value: $435,113 - $552,000

5 Beds
4 Baths
1,750 Sq Ft
$276/Sq Ft Est. Value

Last Sold August 15, 2014

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

Est. 86% increase in value since last sale

Current estimated payment $3,482/month

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 Listed By

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

  • 0.51 Acre Lot
  • Waterfront
  • Wooded Lot

HOA Fees

  • $52 Monthly HOA Fees

Home Design

  • 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

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
  • Grid: 11
  • 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!
  • 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: 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

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: 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

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2014
Closed on
Jul 1, 2014
Sold by
Marc & Heather Stone Trustees
Bought by
Wokas Thomas and Wokas Jeanne
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%
Total Days on Market
158
Current Estimated Value
$482,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,778
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Sep 6, 2011

Range of Values:

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Average Value
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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
Wokas Thomas $260,000 --
-- $279,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $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.

    (815) 978-6842

    Section Image
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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

Homes for Sale in Davis, IL

This home is located at 7 Lake Summerset Rd, Davis, IL 61019 since 18 January 2014 and is currently estimated at $482,778, approximately $275 per square foot. This property was built in 1980. 7 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.

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