NOT LISTED FOR SALE

7304 W 61st Place Summit, IL 60501

Estimated Value: $225,267

4 Beds
2 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold July 13, 2015

Last sale price $93,000

Est. 142% increase in value since last sale

Current estimated payment $1,686/month

97 Days on Market

Highlights

  • Second Kitchen
  • Detached Garage
  • Forced Air Heating System
  • Argo Community High School Rated A-

About This Home

As of July 2015

Large 4 Bedroom, 2 Bath Frame 2 story Single Family with a 1 Car detached Garage. Features Hardwood Floors, Eat-In Kitchen, possible In-Law Arrangement and a full partially finished Basement with extra Bath. Close to Expressway. This is a Fannie Mae HomePath Property.

Last Agent to Sell the Property

Arthur Cirignani

Chicago Realty Partners, Ltd License #471005369 Listed on: 02/26/2015

Last Buyer's Agent

Amalia Guzman

Keller Williams Preferred Rlty License #475140331

Keller Williams Preferred Rlty

Home Details

Home Type

  • Single Family

Year Built

  • 1957

Lot Details

  • 5,009

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Frame Construction

Kitchen

  • Second Kitchen

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Home Details

Home Type

Single Family

Year Built

1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1957
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Kitchen Type: Dimensions: 16X16, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: 2nd Kitchen
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: 2nd Kitchen, Dimensions: 22X15, On Level: 2nd Level, Flooring: Vinyl
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 13X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 13X10, On Level: 2nd Level, Flooring: Hardwood
  • Family Room: Dimensions: 14X12, On Level: 2nd Level, Flooring: Hardwood

Exterior Features

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

Garage/Parking

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

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • Junior High Dist: 104

Lot Info

  • Lot Dimensions: 40X126
  • Parcel Identification Number: 18134170330000

Tax Info

  • Taxes: 5779

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2015
Closed on
Jul 14, 2015
Sold by
Fannie Mae
Bought by
Esperanza Iglesia De Dios Nueva and New Hope Church Of God
Seller's Agent
Arthur Cirignani
Chicago Realty Partners, Ltd
Buyer's Agent
Amalia Guzman
Keller Williams Preferred Rlty
List Price
$94,900
Sold Price
$93,000
Premium/Discount to List
-$1,900
-2%
Current Estimated Value
$225,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,267
Avg. Annual Appreciation
8.87%
Original Mortgage
$80,000
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2015
Sold by
Hou Khee S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 30, 2014
Sold by
Hou Kong S
Bought by
Hou Khee S

Purchase Details

Closed on
Feb 25, 2012
Sold by
Hou Khee S
Bought by
Hou Khee S and Hou Kong

Purchase Details

Closed on
Jun 12, 2007
Sold by
Bender Michael Ian
Bought by
Hou Khee S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
6.26%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Esperanza Iglesia De Dios Nueva -- First American Title Ins Co
Federal National Mortgage Association -- None Available
Hou Khee S -- None Available
Hou Khee S -- None Available
Hou Khee S $176,000 Stewart Title Of Illinois
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Esperanza Iglesia De Dios Nueva $80,000
Previous Owner Hou Khee S $158,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2015 07/13/15 Sold $93,000 -2.0% --
06/03/2015 06/03/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $94,900 0.0% --
05/28/2015 05/28/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $94,900 0.0% --
03/06/2015 03/06/15 Pending -- -- --
02/26/2015 02/26/15 For Sale $94,900 -- --
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 $6,028 -- -- --
2023 $6,028 -- -- --
2022 $6,028 -- -- --
2021 $6,028 $0 $0 $0
2020 $6,028 $0 $0 $0
2019 $6,028 $0 $0 $0
2018 $6,028 $16,993 $2,875 $14,118
2017 $6,046 $16,993 $2,875 $14,118
2016 $6,261 $15,753 $2,500 $13,253
2015 $6,010 $15,753 $2,500 $13,253
2014 $5,906 $15,753 $2,500 $13,253
2013 $5,779 $16,996 $2,500 $14,496
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08847442

Midwest Real Estate Data (MRED)

APN: 18-13-417-033-0000