6245 S Archer Rd Summit, IL 60501
Estimated Value: $647,949 - $699,000
--
Bed
2
Baths
--
Sq Ft
6,055
Sq Ft Lot
About This Home
This home is located at 6245 S Archer Rd, Summit, IL 60501 and is currently estimated at $673,475. 6245 S Archer Rd is a home located in Cook County with nearby schools including Dr Donald Wharton Elementary School, W.W. Walker Elementary School, and Walsh Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 15, 2021
Sold by
Suleiman Siham and Suleiman Najeh
Bought by
Hernandez Israel
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$169,775
Interest Rate
4.75%
Mortgage Type
Commercial
Estimated Equity
$483,541
Purchase Details
Closed on
Mar 9, 2020
Sold by
Sulciman Mohammed
Bought by
Sulciman Mohammed and Sulciman Siham
Purchase Details
Closed on
Dec 22, 2004
Sold by
Dominguez Magdalena
Bought by
Suleiman Mohammad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Interest Rate
5.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 19, 1995
Sold by
Stone Robert D and Colburn Elaine
Bought by
Dominguez Jose L and Cervantes Magdalena
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Hernandez Israel | $550,000 | Old Republic Title | |
Sulciman Mohammed | -- | Attorney | |
Suleiman Mohammad | $41,500 | Ticor Title Insurance Compan | |
Dominguez Jose L | $116,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hernandez Israel | $412,500 | |
Previous Owner | Suleiman Mohammad | $331,500 |
Source: Public Records
Tax History Compared to Growth
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 | $31,903 | $97,000 | $4,404 | $92,596 |
2023 | $31,903 | $97,000 | $4,404 | $92,596 |
2022 | $31,903 | $73,945 | $3,796 | $70,149 |
2021 | $31,047 | $73,944 | $3,796 | $70,148 |
2020 | $31,786 | $73,944 | $3,796 | $70,148 |
2019 | $28,831 | $62,711 | $3,492 | $59,219 |
2018 | $27,882 | $62,711 | $3,492 | $59,219 |
2017 | $27,843 | $62,711 | $3,492 | $59,219 |
2016 | $27,735 | $58,726 | $3,037 | $55,689 |
2015 | $26,879 | $58,726 | $3,037 | $55,689 |
2014 | $26,305 | $58,726 | $3,037 | $55,689 |
2013 | $25,898 | $64,384 | $3,037 | $61,347 |
Source: Public Records
Map
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