NOT LISTED FOR SALE

7314 W 57th Place Summit Argo, IL 60501

Estimated Value: $356,000 - $382,000

4 Beds
2 Baths
1,814 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $310,000 $171 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,665/month

4 Days on Market

Highlights

  • Detached Garage
  • Argo Community High School Rated A-
  • Heated Garage

About This Home

As of October 2021

Discover the perfect home, blending character and today's spaciousness in a prized location. Tucked away in a quiet block is this affordable, EXTRA lot 50x124-foot residence of 6,200 square feet. Well-maintained to a remarkably high standard, all you need do is move straight in and start living the dream. If you're looking for a property with extra garage space and a huge yard for entertainment, this is it! This three-car brick garage has the extra space for cars, tools, storage or a full gym! One garage space is heated! This beautiful two-story brick home with a full basement oozes wonderful appeal. It's the best value for money in the marketplace. The living areas are finished with beautiful hardwood floors and recessed down-lights. The main floor has three large bedrooms with closets and hardwood floors. Third bedroom is currently been used as a dining room but can convert into the third bedroom by adding the door. Modern full bath and a cozy kitchen with a lot of cabinet space with granite countertops and an eating island. The second floor has a new full bathroom with a large 11x14 bedroom with a sitting/office and a walkout to the backyard balcony! The full basement has extra space waiting for you. It has a fifth bedroom setup with a full laundry room and extra space for storage or convert the entire space into your living space! Location is perfect for walking distance to schools, restaurants, transportation and easy access to the expressway! Not a cent to spend... just move in and enjoy!

Last Agent to Sell the Property

Hugo Araujo

Coldwell Banker Realty License #475175528 Listed on: 08/05/2021

Coldwell Banker Realty

Last Buyer's Agent

Pedro Mendoza

Innova R.E., P.C. License #471015913

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,648

Year Built

  • 1951

Lot Details

  • 6,098

Parking

  • Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,648

Year Built

1951

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Architectural Style: Cape Cod
  • Directions: Harlem to 57th west to 7314
  • Lot Size: 50 X 124
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1951

Interior Features

  • Appliances: Double Oven, Refrigerator, Cooktop, Range Hood, Gas Cooktop, Range Hood, Wall Oven
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1766
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Dining Room Type: Sitting Room, Family Room, Balcony/Porch/Lanai

Exterior Features

  • Roof: Asphalt
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 4
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 104

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 8097.1
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 21, 2021
Sold by
Velazques Ignacia and Velazquez Ricardo
Bought by
Vences Luis
Seller's Agent
Hugo Araujo
Coldwell Banker Realty
Buyer's Agent
Pedro Mendoza
Innova R.E., P.C.
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$364,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,774
Avg. Annual Appreciation
4.19%
Original Mortgage
$294,500
Outstanding Balance
$270,343
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$93,511

Purchase Details

Closed on
Mar 25, 2011
Sold by
Velazquez Ignacia
Bought by
Velazquez Ignacia

Purchase Details

Closed on
Aug 11, 2006
Sold by
Pesqueira William David and Pesqueira Maria S
Bought by
Velazquez Ignacia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,300
Interest Rate
6.78%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 22, 1997
Sold by
Herbert Edward and Sterna Frank H
Bought by
Pesqueira Wm David and Pesqueira Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.92%
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.

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
Vences Luis $310,000 Burnet Title Post Closing
Velazquez Ignacia -- None Available
Velazquez Ignacia $263,000 Cti
Pesqueira Wm David $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vences Luis $294,500
Previous Owner Velazquez Ignacia $252,000
Previous Owner Velazquez Ignacia $26,300
Previous Owner Velazquez Ignacia $210,400
Previous Owner Pesqueira Wm D $100,069
Previous Owner Pesqueira Wm D $35,000
Previous Owner Pesqueira Wm David $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $310,000 0.0% $171 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $310,000 -- $171 / 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
2024 $8,648 $28,000 $4,531 $23,469
2023 $7,999 $28,000 $4,531 $23,469
2022 $7,999 $18,541 $3,906 $14,635
2021 $6,386 $18,541 $3,906 $14,635
2020 $6,637 $18,541 $3,906 $14,635
2019 $8,097 $21,042 $3,593 $17,449
2018 $8,854 $23,349 $3,593 $19,756
2017 $8,868 $23,349 $3,593 $19,756
2016 $5,489 $14,119 $3,125 $10,994
2015 $5,262 $14,119 $3,125 $10,994
2014 $5,174 $14,119 $3,125 $10,994
2013 $4,970 $14,986 $3,125 $11,861
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11104652

Midwest Real Estate Data (MRED)

APN: 18-13-217-020-0000