NOT LISTED FOR SALE

5316 S 74th Ave Summit Argo, IL 60501

Estimated Value: $310,000 - $337,000

3 Beds
2 Baths
1,500 Sq Ft
$215/Sq Ft Est. Value

Last Sold October 17, 2024

Last sale price $310,000 $207 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,106/month

7 Days on Market

Highlights

  • Main Floor Bedroom
  • Whirlpool Bathtub
  • 2 Car Detached Garage
  • Argo Community High School Rated A-
  • Stainless Steel Appliances
  • 4-minute walk to Hanover Park

About This Home

As of October 2024

Beautiful split-level home! Step inside to the main level and immediately you will notice plenty of natural light, laminate flooring throughout and a spacious living room & family room. The eat-in kitchen has been tastefully updated with sleek cabinets, a newer faucet, a modern ceiling fan and stainless steel appliances. The main level also includes a roomy bedroom, fully remodeled bath and a laundry room. The second level has two good-sized bedrooms with plenty of closet space and a full bath featuring a walk in bathtub! Plenty of room in the backyard to entertain with a concrete patio, sun shade and party door on the detached 2 car garage. Zoned HVAC and water heater are approximately five years old, the tear-off roof was replaced in 2021 and the windows, siding and 200-amp panel are approximately 10 years old. This home has easy access to I-55, the commuter train (Metra), bus, schools and parks. This home is a must-see. Don't miss the opportunity to make this your dream home!

Last Agent to Sell the Property

Kelly Rosales

Coldwell Banker Realty License #471021481 Listed on: 08/29/2024

Coldwell Banker Realty

Last Buyer's Agent

Ericka Crosby

eXp Realty License #475175968

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,609

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 30 x 125
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • Laminate Flooring

Kitchen

  • Range
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Argo Community High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,609

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1959
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Drapes/Blinds
  • LivingArea: 1500
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Soaking Tub
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Off Alley
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Argo Community High School

Lot Info

  • Lot Dimensions: 30 X 125
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5609
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Oct 2, 2024
Sold by
Flores Domingo R and Flores Gloria A
Bought by
Hairl Lakea and Hairl Yvette M
Seller's Agent
Kelly Rosales
Coldwell Banker Realty
Buyer's Agent
Ericka Crosby
eXp Realty
List Price
$304,000
Sold Price
$310,000
Premium/Discount to List
$6,000
1.97%
Views
38
Current Estimated Value
$322,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,951
Avg. Annual Appreciation
3.50%
Original Mortgage
$304,385
Outstanding Balance
$301,109
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
$21,842

Purchase Details

Closed on
May 13, 2024
Sold by
Flores Domingo R and Flores Gloria A
Bought by
Flores Domingo R and Flores Gloria A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hairl Lakea $310,000 Burnet Title
Flores Domingo R -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hairl Lakea $304,385
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2024 10/17/24 Sold $310,000 +2.0% $207 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $304,000 -- $203 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,904 $19,967 $2,632 $17,335
2023 $5,609 $19,967 $2,632 $17,335
2022 $5,609 $19,157 $2,269 $16,888
2021 $5,526 $19,156 $2,268 $16,888
2020 $5,834 $19,156 $2,268 $16,888
2019 $5,857 $18,913 $2,087 $16,826
2018 $5,660 $18,913 $2,087 $16,826
2017 $5,700 $18,913 $2,087 $16,826
2016 $5,356 $15,621 $1,815 $13,806
2015 $5,092 $15,621 $1,815 $13,806
2014 $5,025 $15,621 $1,815 $13,806
2013 $5,189 $17,409 $1,815 $15,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12150998

Midwest Real Estate Data (MRED)

APN: 18-12-401-012-0000