NOT LISTED FOR SALE

5531 S 73rd Ave Summit Argo, IL 60501

Estimated Value: $246,000 - $285,155

2 Beds
1 Bath
1,258 Sq Ft
$210/Sq Ft Est. Value

Last Sold May 09, 2016

Last sale price $74,494 $59 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $1,984/month

78 Days on Market

About This Home

As of May 2016

REO - BANK OWNED.PROPERTY SOLD "AS IS" WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE. "SELLER WILL NOT ACTIVATE ANY UTILTIES" ..CASH & CONVENTIONAL OFFERS

Last Agent to Sell the Property

Tim Litchford

Owners.com Listed on: 01/20/2016

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,897

Year Built

  • 1948

Lot Details

  • 3,485

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,897

Year Built

1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1948
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X15, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 8X10, On Level: Main Level
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X13, On Level: 2nd Level
  • Bedroom 2: Dimensions: 12X14, On Level: 2nd Level
  • Estimated Sq Ft: 1258
  • Family Room: Dimensions: 12X15, On Level: Main Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.0854

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 104
  • Junior High Dist: 104

Lot Info

  • Lot Dimensions: 3720
  • Parcel Identification Number: 18132050210000

Tax Info

  • Taxes: 5284.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2016
Closed on
Apr 18, 2016
Sold by
U S Bank Na
Bought by
Solis Jose S
Seller's Agent
Tim Litchford
Owners.com
Buyer's Agent
Non Member
NON MEMBER
List Price
$97,600
Sold Price
$74,494
Premium/Discount to List
-$23,106
-23.67%
Current Estimated Value
$258,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,086
Avg. Annual Appreciation
14.12%

Purchase Details

Closed on
Jun 5, 2015
Sold by
Cabrera Victor
Bought by
U S Bank National Association

Purchase Details

Closed on
Aug 31, 2006
Sold by
Debrito Stanley
Bought by
Cabrera Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Interest Rate
8.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 18, 2003
Sold by
Ramirez Emiliano and Ramirez Alejandro
Bought by
Debrito Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.95%

Purchase Details

Closed on
Jun 19, 1998
Sold by
Maskas Anthony M and Maskas Kimberly L
Bought by
Ramirez Emiliano and Ramirez Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,119
Interest Rate
7.18%
Mortgage Type
FHA
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Solis Jose S $74,494 Attorney
U S Bank National Association -- None Available
Cabrera Victor $214,000 Prairie Title
Debrito Stanley $155,000 --
Ramirez Emiliano $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cabrera Victor $171,200
Previous Owner Cabrera Victor $42,800
Previous Owner Debrito Stanley $189,000
Previous Owner Debrito Stanley $139,500
Previous Owner Ramirez Emiliano $130,000
Previous Owner Ramirez Emiliano $103,119
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2016 05/09/16 Sold $74,494 +1.2% $59 / Sq Ft
04/08/2016 04/08/16 Price Changed $73,600 -1.2% $59 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
01/20/2016 01/20/16 Off Market $74,494 -- --
01/20/2016 01/20/16 For Sale $97,600 -- $78 / 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 $6,897 $23,000 $2,697 $20,303
2023 $4,188 $23,000 $2,697 $20,303
2022 $4,188 $13,128 $2,325 $10,803
2021 $4,114 $13,128 $2,325 $10,803
2020 $4,310 $13,128 $2,325 $10,803
2019 $5,480 $15,349 $2,139 $13,210
2018 $5,297 $15,349 $2,139 $13,210
2017 $5,805 $16,449 $2,139 $14,310
2016 $5,606 $14,366 $1,860 $12,506
2015 $5,375 $14,366 $1,860 $12,506
2014 $5,285 $14,366 $1,860 $12,506
2013 $5,941 $17,400 $1,860 $15,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09119990

Midwest Real Estate Data (MRED)

APN: 18-13-205-021-0000