NOT LISTED FOR SALE

7321 W 56th St Summit Argo, IL 60501

Estimated Value: $248,000 - $337,000

3 Beds
2 Baths
1,604 Sq Ft
$191/Sq Ft Est. Value

About This Home

This home is located at 7321 W 56th St, Summit Argo, IL 60501 and is currently estimated at $306,356, approximately $190 per square foot. 7321 W 56th St is a home located in Cook County with nearby schools including Walsh Elementary School, Dr Donald Wharton Elementary School, and W.W. Walker Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2003
Sold by
Lawrence Andrew T and Lawrence Debra L
Bought by
Urvina Hector S
Current Estimated Value
$306,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,429
Outstanding Balance
$71,239
Interest Rate
6%
Mortgage Type
FHA
Estimated Equity
$223,280

Purchase Details

Closed on
Apr 4, 2002
Sold by
Lawrence Andrew T and Lawrence Debra L
Bought by
Lawrence Andrew T and Lawrence Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.13%

Purchase Details

Closed on
Oct 21, 1994
Sold by
Simmons Roy J
Bought by
Lawrence Andrew T and Lawrence Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,423
Interest Rate
8.68%
Mortgage Type
FHA
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
Urvina Hector S $160,000 Chicago Title Insurance Co
Lawrence Andrew T -- --
Lawrence Andrew T $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urvina Hector S $8,846
Open Urvina Hector S $157,429
Previous Owner Lawrence Andrew T $112,000
Previous Owner Lawrence Andrew T $87,423
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 $7,948 $24,291 $3,567 $20,724
2023 $5,165 $26,000 $3,567 $22,433
2022 $5,165 $16,165 $3,075 $13,090
2021 $5,064 $15,392 $3,075 $12,317
2020 $5,283 $15,392 $3,075 $12,317
2019 $5,682 $15,789 $2,829 $12,960
2018 $5,493 $15,789 $2,829 $12,960
2017 $5,512 $15,789 $2,829 $12,960
2016 $5,361 $13,848 $2,460 $11,388
2015 $5,138 $13,848 $2,460 $11,388
2014 $5,052 $13,848 $2,460 $11,388
2013 $4,726 $14,378 $2,460 $11,918
Source: Public Records

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