NOT LISTED FOR SALE

7340 W 56th St Summit Argo, IL 60501

Estimated Value: $232,000 - $305,000

4 Beds
2 Baths
1,400 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 06, 2013

Last sale price $128,000 $91 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,012/month

301 Days on Market

About This Home

As of August 2013

Great home on desirable block. Home is clean and well taken care of. Current tenant is month to month.The only house on the block with a side drive. Gar. has O.H. door to alley and drive. Fin. bsmt. with bar, office/den, and laundry room. Newer furnace and A/C unit. All appliances included. This is NOT a short sale. Pre-approved buyers only.

Last Agent to Sell the Property

Michael Kaput

First United Realtors, Inc. License #471000295 Listed on: 09/20/2012

Last Buyer's Agent

Elisa Miller

New Heritage Real Estate License #471008418

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $6,547

Year Built

  • 1953

Lot Details

  • 4,879

Parking

  • Garage
  • Garage Transmitter
  • Garage Door Opener
  • Side Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Laundry

  • Dryer
  • Washer

Schools

  • Walsh Elementary School
  • Argo Community High School

Utilities

  • Central Air
  • Lake Michigan Water

Additional Features

  • Oven or Range
  • Basement Fills Entire Space Under The House

Property Details

Home Type

Other

Est. Annual Taxes

$6,547

Year Built

1953

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 8
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Attic: Dormer, Finished
  • Basement: Full
  • Basement: Finished
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 11X12
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X11
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 14X15
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 12X13
  • Living Room Level: Main Level
  • Living Room Size: 11X16
  • Living Room Flooring: Carpet
  • Family Room Level: Basement
  • Family Room Size: 20X14
  • Family Room Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 11X12

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Transmitter(s)
  • Driveway: Concrete, Side Drive

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Schools

  • Elementary School: Walsh Elementary School
  • High School: Argo Community High School
  • Junior High Dist: 104
  • Junior High: Heritage Middle School

Lot Info

  • Lot Dimensions: 40 X 123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2012
Closed on
Jul 8, 2013
Sold by
Paturzo Barbara H
Bought by
Serrano Jose L
Seller's Agent
Michael Kaput
First United Realtors, Inc.
Buyer's Agent
Elisa Miller
New Heritage Real Estate
List Price
$139,900
Sold Price
$128,000
Premium/Discount to List
-$11,900
-8.51%
Current Estimated Value
$269,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,074
Avg. Annual Appreciation
6.28%
Original Mortgage
$125,681
Outstanding Balance
$94,637
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$172,283

Purchase Details

Closed on
Jul 25, 2012
Sold by
Wistocki Bernice
Bought by
Wistocki Bernice A and The Bernice A Wistocki Family Trust
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
Serrano Jose L $128,000 Attorneys Title Guaranty Fun
Wistocki Bernice A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrano Jose L $125,681
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2013 08/06/13 Sold $128,000 -8.5% $91 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
07/11/2013 07/11/13 For Sale $139,900 +9.3% $100 / Sq Ft
07/01/2013 07/01/13 Off Market $128,000 -- --
05/01/2013 05/01/13 Pending -- -- --
12/18/2012 12/18/12 For Sale $139,900 +9.3% $100 / Sq Ft
10/22/2012 10/22/12 Off Market $128,000 -- --
09/20/2012 09/20/12 For Sale $139,900 -- $100 / 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 $6,547 $22,000 $3,538 $18,462
2023 $2,825 $22,000 $3,538 $18,462
2022 $2,825 $9,969 $3,050 $6,919
2021 $2,787 $9,969 $3,050 $6,919
2020 $2,952 $9,969 $3,050 $6,919
2019 $5,491 $15,374 $2,806 $12,568
2018 $5,308 $15,374 $2,806 $12,568
2017 $5,327 $15,374 $2,806 $12,568
2016 $5,161 $13,424 $2,440 $10,984
2015 $6,144 $13,424 $2,440 $10,984
2014 $6,013 $13,424 $2,440 $10,984
2013 $5,725 $14,233 $2,440 $11,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08164422

Midwest Real Estate Data (MRED)

APN: 18-13-204-047-0000