NOT LISTED FOR SALE

949 Lake Summerset Rd Davis, IL 61019

Estimated Value: $14,000 - $210,000

0.35 Acre
$263,809 Price per Acre
15,246 Sq Ft Lot

Last Sold April 29, 2021

Last sale price $3,000

Est. 2,978% increase in value since last sale

Current estimated payment $584/month

244 Days on Market

About This Lot

As of April 2021

Dakota Schools Lake Summerset Water View lot with slope down from the road to the back of the lot. All underground utilities, no streetlights, city sewer and water. You never need to build but ownership grants you use of all the Lake Summerset amenities. Swim, fish, ski hike and bike in your own gated community.

Last Listed By

Don Morgan

Morgan Realty Inc. License #471013558 Listed on: 07/29/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $55

Lot Details

  • 0.35

HOA Fees

  • $67 Monthly HOA Fees

Schools

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

Additional Features

  • 0.35 Acre Lot
  • Water Views

Property Details

Property Type

Land

Est. Annual Taxes

$55

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Class: LAND
  • Front: 70
  • General Features: County Taxes
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: LOT 949 SECT 5 GREENWOOD SUB LAKE SUMMERSET
  • Lot Acreage: 0.35
  • Lvt Date: 07/29/2020
  • Rear: 90
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 195
  • Side R: 191
  • Agent Only_ L A1 User Code: 8498
  • Elementary School: Dakota Elementary
  • Pertinent Facts: Dakota Schools Lake Summerset Water View lot with slope down from the road to the back of the lot. All underground utilities, no streetlights, city sewer and water. You never need to build but ownership grants you use of all the Lake Summerset amenities. Swim, fish, ski hike and bike in your own gated community.
  • L O1 Brokerage Number: 478025436
  • S O1 Brokerage Number: 478025436
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 800

Schools

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

Lot Info

  • Land Features: Water View

Tax Info

  • Year: 2019
  • Taxes: 54

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
Jul 29, 2020
Closed on
May 6, 2021
Sold by
Leonard Michael E
Bought by
Gorsch Lon and Gorsch Rebecca
Seller's Agent
Don Morgan
Morgan Realty Inc.
Buyer's Agent
Don Morgan
Morgan Realty Inc.
List Price
$5,250
Sold Price
$3,000
Premium/Discount to List
-$2,250
-42.86%
Total Days on Market
244
Current Estimated Value
$92,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,333
Avg. Annual Appreciation
147.16%

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $3,000 -42.9% --
03/30/2021 03/30/21 Pending -- -- --
07/29/2020 07/29/20 For Sale $5,250 -- --
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 $55 $662 $662 $0
2022 $58 $605 $605 $0
2021 $54 $581 $581 $0
2020 $53 $581 $581 $0
2019 $54 $600 $600 $0
2018 $55 $600 $600 $0
2017 $84 $924 $924 $0
2016 $84 $924 $924 $0
2015 $85 $917 $917 $0
2013 $85 $975 $975 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Morgan

    Seller's Agent in 2021

    Don Morgan

    Morgan Realty Inc.

    (815) 656-4162

    303 Total Sales

    Don Morgan
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Map

Similar Property in Davis, IL

  • 209 Lake Summerset Rd, Davis, IL 61019

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    • $225,000 per Acre
    • 209 Lake Summerset Rd
    • Davis, IL

    Can't find your dream lake home? Build One! Attention all weekend lake enthusiasts! Welcome to the Summerset Lake Community - family friendly gated community surrounding a 275-acre lake located in Northwest Illinois. There is fun for everyone in this year round retreat, both on and off the lake. Enjoy fishing, skiing, boating, camping, sledding, snowmobile trails, golf, playgrounds, dog park,

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Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202004141

NorthWest Illinois Alliance of REALTORS®

APN: 15-10-01-251-009

Illinois Stephenson County Davis 61019

949 Lake Summerset Rd, Davis, IL

Homes for Sale in Davis, IL

This home is located at 949 Lake Summerset Rd, Davis, IL 61019 since 29 July 2020 and is currently estimated at $92,333. 949 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.