NOT LISTED FOR SALE

3550 Summit Ave Highland Park, IL 60035

Estimated Value: $472,000 - $601,000

3 Beds
2 Baths
1,260 Sq Ft
$420/Sq Ft Est. Value

Last Sold July 07, 2020

Last sale price $255,000 $202 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,924/month

About This Home

As of July 2020

Gorgeous, clean and bright 3 bedroom, 2 bath split level with newer roof on huge corner lot! Many updates. Open layout with gleaming hardwood floors throughout. Newer quartz countertops, tile backsplash and eat in kitchen. Family room with fireplace, rec. room. Attached garage. Walk to Metra Ft. Sheridan station. Very close to Highwood restaurants and entertainment. Great location.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
Jul 1, 2020
Sold by
Grandview Capital Llc
Bought by
S F Hed & C Llc
Seller's Agent
Christopher Lobrillo
Grandview Realty, LLC
Buyer's Agent
Michael Murphy
Coldwell Banker Realty
List Price
$299,900
Sold Price
$255,000
Premium/Discount to List
-$44,900
-14.97%
Current Estimated Value
$529,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,076
Avg. Annual Appreciation
15.99%

Purchase Details

Closed on
Apr 10, 2020
Sold by
Phillips William K and Pizzo Ayla Phillips
Bought by
Grandview Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 7, 2007
Sold by
Declaration Phillips Hatice Sadan and Declaration Hatice S Phillips
Bought by
Declaration Phillips William K and Declaration William K Phillips

Purchase Details

Closed on
Feb 13, 1994
Sold by
Bank Of Waukegan
Bought by
Bank Of Waukegan
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
S F Hed & C Llc -- Chicago Title
Grandview Capital Llc $205,000 Chicago Title
Declaration Phillips William K -- None Available
Bank Of Waukegan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grandview Capital Llc $153,750
Previous Owner Phillips William K $200,000
Previous Owner Phillips William K $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Rented $3,100 0.0% --
05/23/2022 05/23/22 For Rent $3,100 +17.0% --
09/02/2020 09/02/20 For Rent $2,650 0.0% --
09/01/2020 09/01/20 Rented $2,650 0.0% --
08/23/2020 08/23/20 Off Market $2,650 -- --
08/11/2020 08/11/20 For Rent $2,650 0.0% --
07/07/2020 07/07/20 Sold $255,000 -7.2% $202 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
05/30/2020 05/30/20 Price Changed $274,900 -5.2% $218 / Sq Ft
05/21/2020 05/21/20 Price Changed $289,900 -3.3% $230 / Sq Ft
04/17/2020 04/17/20 For Sale $299,900 -- $238 / Sq Ft

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 $11,452 $144,827 $59,759 $85,068
2023 $7,918 $130,545 $53,866 $76,679
2022 $7,918 $87,924 $59,175 $28,749
2021 $7,305 $84,992 $57,202 $27,790
2020 $6,154 $84,992 $57,202 $27,790
2019 $9,361 $126,808 $56,934 $69,874
2018 $9,351 $133,759 $79,408 $54,351
2017 $9,203 $132,988 $78,950 $54,038
2016 $8,843 $126,607 $75,162 $51,445
2015 $8,525 $117,632 $69,834 $47,798
2014 $6,498 $90,298 $57,147 $33,151
2012 $6,422 $90,824 $57,480 $33,344
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Murphy

    Coldwell Banker Realty

    (847) 866-8200

    1 in this area

    7 Total Sales

    Michael Murphy
    Section Image
  • Christopher Lobrillo

    Seller's Agent in 2020

    Christopher Lobrillo

    Grandview Realty, LLC

    (630) 802-4411

    3 in this area

    1,767 Total Sales

    Christopher Lobrillo
    Section Image

  • L

    Seller Co-Listing Agent in 2020

    Lynda Sanchez-Werner

    Grandview Realty, LLC

    (630) 673-8004

    3 in this area

    1,703 Total Sales

    Lynda Sanchez-Werner
    Section Image

  • B

    Buyer's Agent in 2020

    Byron Penaherrera

    Fulton Grace Realty

See All Agents

Map

Illinois Lake County Highland Park 60035

3550 Summit Ave, Highland Park, IL

This home is located at 3550 Summit Ave, Highland Park, IL 60035 and is currently estimated at $529,076, approximately $419 per square foot. 3550 Summit Ave is a home located in Lake County with nearby schools including Wayne Thomas Elementary School, Northwood Jr High School, and Highland Park 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.

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