NOT LISTED FOR SALE

7331 W 61st Place Summit Argo, IL 60501

Estimated Value: $282,000 - $342,506

3 Beds
2 Baths
2,026 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $299,000 $148 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,382/month

90 Days on Market

Highlights

  • Deck
  • Raised Ranch Architecture
  • Main Floor Bedroom
  • Argo Community High School Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of February 2023

*Back on market, buyer's financing fell thru* Beautiful raised ranch in the heart of Summit! House sits on a spacious double lot. Big fenced in backyard and deck off of the kitchen, ideal for outdoor entertainment and bbq's. First floor features new floors throughout, granite countertops and new stainless steel appliances in the eat-in kitchen. 3 large sized bedrooms upstairs with refreshed bathroom. Full finished basement perfect for related living with two large bedrooms and a full bathroom. Freshly painted. Sewer back-flow system installed providing peace of mind. Newer roof and high efficiency HVAC system installed. Walking distance to schools, park, and public transportation. No current homeowner exemption on tax bill. Move in ready. Over 2,000 square feet of living space, perfect for large families!

Last Agent to Sell the Property

Tefik Sadiku

Kale Realty License #475203873 Listed on: 10/20/2022

Kale Realty

Last Buyer's Agent

Robert Alvarado

Realty of America, LLC License #475200167

Realty of America, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,034

Year Built

  • Built in 1954

Lot Details

  • 6,273

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,026 Sq Ft Home
  • Blinds
  • Living Room
  • Dining Room
  • Open Floorplan
  • Lower Floor Utility Room

Kitchen

  • Range
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Finished Basement

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

Schools

  • Otis P Graves Elementary School
  • Heritage Middle School
  • Argo Community High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Lot Dimensions are 50x125

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,034

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1954
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, High End Refrigerator, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 1013
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Some Window Treatmnt, Some Wood Floors, Dining Combo, Drapes/Blinds, Granite Counters
  • Room Type: Bedroom 5, Utility Room-Lower Level, Deck
  • Estimated Total Finished Sq Ft: 2026
  • Assessed Sq Ft: 1013
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1013
  • Basement Sq Ft: 1013
  • Total Sq Ft: 2026
  • Main Level Sq Ft: 1013
  • Window Features: Blinds,Window Treatments

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 299900
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Otis P Graves Elementary School
  • High School: Argo Community High School
  • Middle/Junior School: Heritage Middle School
  • Middle/Junior School District: 104

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 6033.74
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Feb 28, 2023
Sold by
Memishi Rifan and Memishi Mide
Bought by
Bustos Angela Y and Basaldua Ricardo
Seller's Agent
Tefik Sadiku
Kale Realty
Buyer's Agent
Robert Alvarado
Realty of America, LLC
List Price
$299,900
Sold Price
$299,000
Premium/Discount to List
-$900
-0.3%
Views
91
Current Estimated Value
$316,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,627
Avg. Annual Appreciation
1.28%
Original Mortgage
$293,584
Outstanding Balance
$284,471
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$24,141

Purchase Details

Listed on
Feb 12, 2013
Closed on
Mar 8, 2013
Sold by
Bank Of America Na
Bought by
Memishi Rifan
Seller's Agent
Ayoub Rabah
Coldwell Banker Realty
Buyer's Agent
Michael Kaput
First United Realtors Inc.
List Price
$51,500
Sold Price
$60,000
Premium/Discount to List
$8,500
16.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.52%

Purchase Details

Closed on
Oct 26, 2012
Sold by
Carrasquillo Jerry and Marin Joana
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 22, 2007
Sold by
Carrasquillo Jerry
Bought by
Carrasquillo Jerry and Marin Joana

Purchase Details

Closed on
Nov 4, 2002
Sold by
Nunez Jose
Bought by
Carrasquillo Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
6.12%

Purchase Details

Closed on
May 31, 2002
Sold by
Carillo Servando and Jimenez Rosana
Bought by
Nunez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,312
Interest Rate
6.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 18, 1999
Sold by
Wybraniec Estelle
Bought by
Carrillo Servando and Jimenez Rosana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,076
Interest Rate
7.91%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 1995
Sold by
Cocogliato Benjamin J and Cocogliato Kathleen M
Bought by
Maywood Proviso State Bank
Source: Public Records

Range of Values:

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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
Bustos Angela Y $299,000 Old Republic National Title
Memishi Rifan $60,000 Fidelity National Title
Bank Of America Na -- None Available
Carrasquillo Jerry -- New Millennium Title Corp
Carrasquillo Jerry $155,000 Stewart Title
Nunez Jose $154,000 Stewart Title
Carrillo Servando $139,000 --
Maywood Proviso State Bank -- --
Wybraniec Estelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bustos Angela Y $293,584
Previous Owner Carrasquillo Jerry $200,000
Previous Owner Carrasquillo Jerry $146,500
Previous Owner Nunez Jose $134,312
Previous Owner Carrillo Servando $138,076
Closed Nunez Jose $30,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $299,000 -0.3% $148 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
12/12/2022 12/12/22 For Sale $299,900 0.0% $148 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $299,900 +399.8% $148 / Sq Ft
03/20/2013 03/20/13 Sold $60,000 +16.5% $59 / Sq Ft
02/21/2013 02/21/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $51,500 -- $51 / 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 $8,409 $24,000 $4,531 $19,469
2023 $6,056 $24,000 $4,531 $19,469
2022 $6,056 $14,036 $3,906 $10,130
2021 $5,893 $14,036 $3,906 $10,130
2020 $6,034 $14,036 $3,906 $10,130
2019 $6,707 $14,588 $3,593 $10,995
2018 $6,486 $14,588 $3,593 $10,995
2017 $6,477 $14,588 $3,593 $10,995
2016 $5,409 $11,452 $3,125 $8,327
2015 $5,969 $13,042 $3,125 $9,917
2014 $1,975 $4,409 $3,125 $1,284
2013 $5,045 $15,171 $3,125 $12,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11656458

Midwest Real Estate Data (MRED)

APN: 18-13-421-027-0000