NOT LISTED FOR SALE

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
$673,475

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
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

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 $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

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