NOT LISTED FOR SALE

5544 S 74th Ave Summit Argo, IL 60501

Estimated Value: $347,000 - $380,000

3 Beds
2 Baths
1,661 Sq Ft
$218/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $297,000 $179 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,840/month

27 Days on Market

Highlights

  • Raised Ranch Architecture
  • Attached Garage
  • Combination Dining and Living Room
  • Argo Community High School Rated A-
  • Garage ceiling height seven feet or more
  • Senior Tax Exemptions

About This Home

As of October 2021

Wow! Are You Looking for the LARGEST Brick Raised Ranch ever built in Summit? Well your search is OVER! Almost 1,700 Square Ft on the main level of the home situated on beautiful oversized Corner lot!! Plus almost 1,500 additional Square Ft in the Massive Basement that's just waiting for your finishing touches! This Spectacular Oversized Raised Ranch was custom designed with love by a long-time Summit builder to have just one step up from either entrance into the home and yet still has the largest basement in Summit with the highest ceilings! The home features a sprinkler system to keep your yard looking sharp! This home also boasts an In-Floor Radiant Heating system with several Zones! No need to drag your vacuum all around your house, because we also sport a whole house vacuum system! Wow! The main level of the home has a wide open floor plan w/ vaulted ceilings! The impressive Living Rm and Dining Rm alone, are bigger than many area houses! A Huge modern eat-in-kitchen awaits w/ enough countertops and cabinets for 2 large homes! The Master Bedroom is super spacious and can accommodate a king size bed, 3 armoire's, 2 dressers, a chaise lounge, and more clothes than a person can own in it's walk-in closet! There's a 2nd Master-sized bedroom and a 3rd generous bedroom as well! Need 2 baths? We have two lovely modern large baths and a huge main-level Laundry Rm - the days of trudging down to the basement to do the wash are over!! The attached 2.5 car garage has to be seen to be believed! The 2 overhead doors are extra high to allow the largest and longest vehicles to park inside w/ plenty of extra room for a workshop and storage! The Basement is just amazing w/ super-high ceilings and steel beam construction! This one of kind home will gone in a flash! Make sure you are one of the 1st to see us before we are just a memory!

Last Agent to Sell the Property

Paul Hendershott

Double TT Real Estate Inc. License #471017734 Listed on: 08/07/2021

Last Buyer's Agent

Juan Ramirez

Su Familia Real Estate Inc License #475166507

Home Details

Home Type

  • Single Family

Year Built

  • 2004

Lot Details

  • 5,227

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Side Driveway
  • Parking Included in Price

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,661 Sq Ft Home
  • Combination Dining and Living Room
  • Unfinished Basement

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Year Built

2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: Raised Ranch
  • Property Sub Type: Raised Ranch
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Corner of 74th Ave and 56th St
  • Lot Size: 42X125
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 2004

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 1661
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1661
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Heated Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Open Floorplan
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Lot Features: Corner Lot, Sidewalks, Streetlights
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2.5
  • Driveway: Side Drive
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Radiant, Zoned
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 217

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze,Other
  • Tax Annual Amount: 4398.24
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2021
Closed on
Oct 12, 2021
Sold by
First Midwest Bank
Bought by
Bautista Jose and Bautista Hortencia
Seller's Agent
Paul Hendershott
Double TT Real Estate Inc.
Buyer's Agent
Juan Ramirez
Su Familia Real Estate Inc
List Price
$315,000
Sold Price
$297,000
Premium/Discount to List
-$18,000
-5.71%
Current Estimated Value
$381,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,459
Avg. Annual Appreciation
4.84%
Original Mortgage
$282,150
Outstanding Balance
$256,397
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$105,872
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
Bautista Jose $297,000 Attorneys Ttl Guaranty Fund
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bautista Jose $282,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $297,000 -5.7% $179 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $315,000 -- $190 / 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
2025 $10,161 $29,000 $3,844 $25,156
2024 $10,161 $29,000 $3,844 $25,156
2023 $8,996 $29,000 $3,844 $25,156
2022 $8,996 $20,852 $3,314 $17,538
2021 $8,754 $20,850 $3,313 $17,537
2020 $3,720 $20,850 $3,313 $17,537
2019 $4,398 $26,203 $3,048 $23,155
2018 $4,261 $26,203 $3,048 $23,155
2017 $4,480 $26,203 $3,048 $23,155
2016 $6,048 $19,535 $2,651 $16,884
2015 $6,157 $19,535 $2,651 $16,884
2014 $5,900 $19,535 $2,651 $16,884
2013 $5,424 $17,992 $2,651 $15,341
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11182509

Midwest Real Estate Data (MRED)

APN: 18-13-202-071-0000