NOT LISTED FOR SALE

7240 W 58th Place Summit Argo, IL 60501

Estimated Value: $254,000 - $290,454

2 Beds
1 Bath
1,061 Sq Ft
$255/Sq Ft Est. Value

Last Sold July 24, 2018

Last sale price $155,000 $146 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,988/month

6 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating and Cooling System
  • Senior Tax Exemptions
  • Argo Community High School Rated A-

About This Home

As of July 2018

Beautiful split-level home in Summit! Great location close to schools, restaurants, & the village office. Very well cared for hardwood flooring & carpet throughout the home. 1st floor features the living room, attached dining room, & kitchen. Appliances do stay. The home has 2 bedrooms & 1 bath on the 2nd floor. Great size family room in the basement as well as a laundry room. The backyard is in great condition, ready to be enjoyed with summer parties! Let's not forget the double door 2 car garage. Request an appointment to view your future home!

Last Agent to Sell the Property

Joe Castillo

RE/MAX Mi Casa License #471000216 Listed on: 05/24/2018

RE/MAX Mi Casa

Co-Listed By

Maria Castillo

RE/MAX Mi Casa License #475122116

Last Buyer's Agent

Aracely Markowski

HomeSmart Realty Group License #475170902

HomeSmart Realty Group

Home Details

Home Type

  • Single Family

Year Built

  • 1959

Lot Details

  • 4,356

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Bi-Level Home
  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Bi-Level
  • Type Detached: Split Level
  • Estimated Year Built: 1959
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 20X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: On Level: Basement
  • Dining Room: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1061
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 22X18, On Level: Basement, Flooring: Vinyl

Exterior Features

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

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 104

Lot Info

  • Lot Dimensions: 4375
  • Parcel Identification Number: 18132260360000

Tax Info

  • Taxes: 5488.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Jul 18, 2018
Sold by
Chicago Title Land Trust Co
Bought by
Orozco Joel
Seller's Agent
Joe Castillo
RE/MAX Mi Casa
Buyer's Agent
Aracely Markowski
HomeSmart Realty Group
List Price
$149,900
Sold Price
$155,000
Premium/Discount to List
$5,100
3.4%
Current Estimated Value
$264,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,902
Avg. Annual Appreciation
7.76%
Original Mortgage
$124,000
Outstanding Balance
$106,786
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$163,578

Purchase Details

Closed on
Feb 17, 2004
Sold by
Venturi Anthony F and Venturi Corinne
Bought by
Prairie Bank & Trust Co and Trust #04-022
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
Orozco Joel $155,000 Old Republic Title
Prairie Bank & Trust Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orozco Joel $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2018 07/24/18 Sold $155,000 +3.4% $146 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $149,900 -- $141 / 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 $7,247 $22,526 $3,172 $19,354
2024 $7,247 $22,526 $3,172 $19,354
2023 $4,558 $24,000 $3,172 $20,828
2022 $4,558 $13,985 $2,734 $11,251
2021 $4,473 $13,984 $2,734 $11,250
2020 $4,678 $13,984 $2,734 $11,250
2019 $6,226 $16,971 $2,515 $14,456
2018 $7,546 $16,971 $2,515 $14,456
2017 $3,982 $16,971 $2,515 $14,456
2016 $5,488 $15,901 $2,187 $13,714
2015 $5,220 $15,901 $2,187 $13,714
2014 $5,150 $15,901 $2,187 $13,714
2013 $4,919 $16,737 $2,187 $14,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09961572

Midwest Real Estate Data (MRED)

APN: 18-13-226-036-0000