NOT LISTED FOR SALE

Estimated Value: $427,000 - $592,000

3 Beds
3 Baths
1,199 Sq Ft
$415/Sq Ft Est. Value

About This Home

This home is located at 503 S Summit St, Wheaton, IL 60187 and is currently estimated at $497,496, approximately $414 per square foot. 503 S Summit St is a home located in DuPage County with nearby schools including Lowell Elementary School, Franklin Middle School, and Wheaton North High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2007
Sold by
Sabo Gregory S and Sabo Erin R
Bought by
Arkell Reginald B and Arkell Jane E
Current Estimated Value
$489,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2003
Sold by
Chromy Christopher J and Chromy Jennifer E
Bought by
Sabo Gregory S and Sabo Erin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.4%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 27, 1998
Sold by
Kentner Matthew D and Kentner Jacquelyn R
Bought by
Chromy Christopher J and Chromy Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
7.23%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Arkell Reginald B $383,000 Multiple
Sabo Gregory S $305,000 Atg
Chromy Christopher J $184,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arkell Reginald B $232,500
Closed Arkell Reginald B $250,500
Closed Arkell Reginald B $263,000
Closed Arkell Reginald B $263,000
Previous Owner Sabo Gregory S $124,000
Previous Owner Sabo Gregory S $244,000
Previous Owner Chromy Christopher J $198,500
Previous Owner Chromy Christopher J $171,500
Closed Sabo Gregory S $45,750
Source: Public Records

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 $9,255 $151,597 $32,940 $118,657
2023 $8,889 $139,540 $30,320 $109,220
2022 $8,717 $131,870 $28,650 $103,220
2021 $8,687 $128,740 $27,970 $100,770
2020 $8,660 $127,540 $27,710 $99,830
2019 $8,461 $124,180 $26,980 $97,200
2018 $8,673 $125,740 $25,430 $100,310
2017 $8,542 $121,100 $24,490 $96,610
2016 $8,428 $116,260 $23,510 $92,750
2015 $8,361 $110,910 $22,430 $88,480
2014 $7,211 $94,940 $21,830 $73,110
2013 $7,027 $95,230 $21,900 $73,330
Source: Public Records

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