NOT LISTED FOR SALE

7316 W 55th Place Summit Argo, IL 60501

Estimated Value: $235,000 - $389,000

3 Beds
3 Baths
969 Sq Ft
$313/Sq Ft Est. Value

Last Sold July 11, 2018

Last sale price $214,000 $221 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,217/month

3 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Home Office
  • Argo Community High School Rated A-
  • Main Floor Bedroom
  • Fenced Yard

About This Home

As of July 2018

Amazing home in an amazing location! The home has been lovingly cared for by the homeowners. The enlarged open kitchen is perfect for entertaining and living! There are hardwood floors and an original wood staircase. Home has updated bathrooms at each level and fully finished basement space. Backyard is beautifully landscaped with a wonderful deck that wraps around a pink Magnolia tree. Heating replaced in 2017, electrical box in 2014, A/C and roof 2010, Nest smart home thermostat and CO/Smoke alarms. Call today to schedule a time to show!

Last Agent to Sell the Property

Ellyn Collins

Coldwell Banker Realty License #475165614 Listed on: 06/08/2018

Coldwell Banker Realty

Last Buyer's Agent

Rafael Alvarado

Shield Real Estate License #471015563

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1953 | 2010

Lot Details

  • 3,920

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Home Office
  • Wood Flooring
  • Finished Basement
  • Finished Basement Bathroom

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Utilities

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

Additional Features

  • Deck
  • Fenced Yard

Home Details

Home Type

Single Family

Year Built | Renovated

1953 | 2010

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Rehab Year: 2010
  • Total Full or Half Bathrooms: 3
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953
  • Year Renovated: 2010

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 18X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Equipment: TV-Cable, CO Detectors, Ceiling Fan
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 11X12, On Level: Basement
  • Kitchen Type: Dimensions: 23X12, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: Office
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level
  • Additional Room 1 Name: Office, Dimensions: 8X13, On Level: Basement
  • Bedroom 2: Dimensions: 12X11, On Level: 2nd Level
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level
  • Family Room: Dimensions: 15X13, On Level: Basement

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.098

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 104

Lot Info

  • Lot Dimensions: 23X125
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 18132030520000

Tax Info

  • Taxes: 5398.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jul 11, 2018
Sold by
Salto Juventino J and Delis Salto Katareyna
Bought by
Llanes Victor
Seller's Agent
Ellyn Collins
Coldwell Banker Realty
Buyer's Agent
Rafael Alvarado
Shield Real Estate
List Price
$214,000
Sold Price
$214,000
Current Estimated Value
$303,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,249
Avg. Annual Appreciation
4.76%
Original Mortgage
$203,300
Outstanding Balance
$177,398
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$125,851

Purchase Details

Closed on
Aug 27, 2010
Sold by
Skwarczek Ted S
Bought by
Salto Juventino J and Delis Saito Katarzyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,940
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 2010
Sold by
Aurora Loan Services Llc
Bought by
Ted S Skwarczek Living Trust

Purchase Details

Closed on
Sep 17, 2009
Sold by
Valadez Maria
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Nov 8, 2006
Sold by
Hernandez Sergio
Bought by
Valadez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,900
Interest Rate
7.4%
Mortgage Type
Unknown

Purchase Details

Closed on
May 19, 2005
Sold by
Salihovski Rakip and Salihovski Sadet
Bought by
Hernandez Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 1, 1996
Sold by
Cochrane John C and Cochrane Catherine
Bought by
Salihovski Sadet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.07%
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
Llanes Victor $214,000 Burnet Title
Salto Juventino J $155,000 Attorneys Title Guaranty Fun
Ted S Skwarczek Living Trust $96,000 Ticor Title
Aurora Loan Services Llc -- None Available
Valadez Maria $263,000 None Available
Hernandez Sergio $247,500 Git
Salihovski Sadet $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Llanes Victor $203,300
Previous Owner Salto Juventino J $152,940
Previous Owner Valadez Maria $262,900
Previous Owner Hernandez Sergio $197,600
Previous Owner Salihovski Sadet $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2018 07/11/18 Sold $214,000 0.0% $221 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $214,000 -- $221 / 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 $7,597 $25,000 $3,121 $21,879
2024 $7,597 $25,000 $3,121 $21,879
2023 $6,484 $25,000 $3,121 $21,879
2022 $6,484 $18,449 $2,691 $15,758
2021 $6,347 $18,448 $2,690 $15,758
2020 $6,597 $18,448 $2,690 $15,758
2019 $6,909 $15,028 $2,475 $12,553
2018 $5,154 $15,028 $2,475 $12,553
2017 $5,174 $15,028 $2,475 $12,553
2016 $5,399 $13,928 $2,152 $11,776
2015 $5,174 $13,928 $2,152 $11,776
2014 $5,088 $13,928 $2,152 $11,776
2013 $4,645 $14,176 $2,152 $12,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09978320

Midwest Real Estate Data (MRED)

APN: 18-13-203-052-0000