NOT LISTED FOR SALE

5514 S 72nd Ct Summit Argo, IL 60501

Estimated Value: $238,000 - $285,000

3 Beds
2 Baths
3,720 Sq Ft
$72/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $250,000 $67 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,030/month

67 Days on Market

Highlights

  • 2-Story Property
  • Wood Flooring
  • Loft
  • Argo Community High School Rated A-
  • Main Floor Bedroom
  • 1.5 Car Detached Garage

About This Home

As of January 2024

Seller wants to offer the buyer broker a $1,000 bonus if they bring a full price offer by 11/15. Welcome Home to this Two Story, 3 Bedroom, 2 Bath home with spacious closets and 2 recently remodeled baths! This one has so many updates!! Upon entry, you'll find the entire home is simply beautiful, completely move-in ready, and boasts hardwood floors throughout. A huge picture window streams tons of light throughout the Living Room space which can easily serve as a Living/Dining Room combo. On this main level, you will also find 2 bedrooms, a full bath, and an eat-in kitchen. Upstairs, just beyond the loft, you'll find the Master Suite complete with huge, double closets, and a full bath with a skylight. Enjoy entertaining in the large, newly landscaped, and fenced-in backyard with a 1.5 car garage & paved side drive perfect for parking 2 more cars! The full unfinished Basement can be easily finished for even more space! Close To Shops, Restaurants, and Midway Airport. Just A 5 Minute Drive To I-55. Many updates include a new 30 Year Warranty On the Roof With Skylight, Newer Windows (2020), Security System(2021), Newer HVAC W/Central Air (2022), Newer Plumbing(2020), Newer Sump Pump and Drain Added To the Basement (2020), Newer Electric - 100 amp Service, New Humidifier and Hot Water Heater (2022), Kirchen Cabinetry added (2022), Flu Vent/Chimney Sweep (2022), New Dishwasher (2022) Drain Tile System (2021), New Concrete Walkway in front of home (2022), Overhead Sewers (2023), Solar Panels (2023), New Duct Work and HVAC Coil (2023) - SO MUCH TO SEE!!

Last Agent to Sell the Property

Amy Izzo

eXp Realty License #475172618 Listed on: 09/26/2023

eXp Realty

Last Buyer's Agent

Carmelo Pimentel

eXp Realty - Chicago North Ave License #475205476

eXp Realty - Chicago North Ave

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,669

Year Built

  • Built in 1941 | Remodeled in 2020

Lot Details

  • 3,703 Sq Ft Lot
  • Level Lot

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • 2-Story Property
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,720 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Open Floorplan
  • Loft
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Schools

  • Cossitt Avenue Elementary School
  • Heritage Middle School
  • Hancock College Preparatory Seni High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Gas Water Heater

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,669

Year Built

Built in 1941 | Remodeled in 2020

Lot Details

3,703 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1941
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Dining Combo
  • LivingArea: 3720
  • Other Equipment: Security System, CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Room Type: Loft
  • Estimated Total Finished Sq Ft: 1095
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1760
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Level, Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Off Street, Side Apron
  • ParkingTotal: 3.5
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cossitt Avenue Elementary School
  • High School: Hancock College Preparatory Seni
  • Middle/Junior School: Heritage Middle School

Lot Info

  • Lot Size Acres: 0.085
  • Lot Dimensions: 3720
  • 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: 5668.57
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Jan 17, 2024
Sold by
Lamb Noroyle
Bought by
Martinez Ariel
Seller's Agent
Amy Izzo
eXp Realty
Buyer's Agent
Carmelo Pimentel
eXp Realty - Chicago North Ave
List Price
$279,900
Sold Price
$250,000
Premium/Discount to List
-$29,900
-10.68%
Views
448
Current Estimated Value
$266,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,821
Avg. Annual Appreciation
3.06%
Original Mortgage
$245,471
Outstanding Balance
$239,800
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$27,021

Purchase Details

Listed on
Aug 17, 2021
Closed on
Sep 22, 2021
Sold by
Ciraulo Peter and Ciraulo Sheila
Bought by
Lamb Noroyle
Seller's Agent
Jaime Ashley Campos
RE/MAX LOYALTY
Buyer's Agent
Julie Lucas
@properties Christie's International Real Estate
List Price
$229,000
Sold Price
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$209,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2015
Sold by
Ciraulo Joseph
Bought by
Ciraulo Peter and Ciraulo Sheila

Purchase Details

Closed on
Jun 12, 2012
Sold by
Ciraulo Peter
Bought by
Ciraulo Joseph

Purchase Details

Closed on
Sep 27, 2010
Sold by
First Midwest Bank
Bought by
Ciraulo Peter and Ciraulo Sheila

Purchase Details

Closed on
Jul 26, 2007
Sold by
Scobey Joan M
Bought by
Palos Bank & Trust Co and Trust #1-7283

Purchase Details

Closed on
Jan 7, 2002
Sold by
Marquette Bank
Bought by
Soobey Joan Mary and Milan Cynthia Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,258
Interest Rate
7.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martinez Ariel $250,000 None Listed On Document
Lamb Noroyle $229,000 Fidelity National Title
Ciraulo Peter -- Attorney
Ciraulo Joseph -- None Available
Ciraulo Peter $30,000 Fidelity National Title
Palos Bank & Trust Co -- None Available
Soobey Joan Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Ariel $245,471
Previous Owner Lamb Noroyle $209,000
Previous Owner Soobey Joan Mary $50,258
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2024 01/18/24 Sold $250,000 -7.4% $67 / Sq Ft
12/03/2023 12/03/23 Pending -- -- --
11/13/2023 11/13/23 Price Changed $269,900 -3.6% $73 / Sq Ft
11/01/2023 11/01/23 For Sale $279,900 0.0% $75 / Sq Ft
10/29/2023 10/29/23 Pending -- -- --
10/29/2023 10/29/23 Price Changed $279,900 -3.4% $75 / Sq Ft
10/05/2023 10/05/23 Price Changed $289,900 -3.3% $78 / Sq Ft
09/26/2023 09/26/23 For Sale $299,900 +31.0% $81 / Sq Ft
09/22/2021 09/22/21 Sold $229,000 0.0% $62 / Sq Ft View Prior Sale
08/25/2021 08/25/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $229,000 -- $62 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $7,708 $22,000 $2,697 $19,303
2024 $7,708 $22,000 $2,697 $19,303
2023 $5,825 $22,000 $2,697 $19,303
2022 $5,825 $13,501 $2,325 $11,176
2021 $5,669 $13,501 $2,325 $11,176
2020 $5,804 $13,501 $2,325 $11,176
2019 $5,239 $11,396 $2,139 $9,257
2018 $5,067 $11,396 $2,139 $9,257
2017 $5,080 $14,817 $2,139 $12,678
2016 $3,700 $10,331 $1,860 $8,471
2015 $3,528 $10,331 $1,860 $8,471
2014 $3,477 $10,331 $1,860 $8,471
2013 $3,865 $12,239 $1,860 $10,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11856454

Midwest Real Estate Data (MRED)

APN: 18-13-205-028-0000

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