NOT LISTED FOR SALE

7341 W 55th Place Summit Argo, IL 60501

Estimated Value: $288,000 - $340,000

3 Beds
2 Baths
1,204 Sq Ft
$255/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $255,000 $212 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,289/month

3 Days on Market

Highlights

  • Property is near park
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Argo Community High School Rated A-
  • Fenced Yard
  • Combination Dining and Living Room

About This Home

As of August 2021

MUST SEE!!! DESIRED SPLIT LEVEL STYLE HOME. WELL MAINTAINED FEATURING 3 BEDROOMS, 2 BATHROOMS, HARDWOOD FLOORING IN ALL BEDROOMS. VINYL FLOORS IN LIVING ROOM. ROOF AND A.C 1 YEAR OLD. HEATER, & HOT WATER TANK ALONG WITH OTHER UPDATES THROUGHOUT THE HOUSE. WASHER AND DRYER INLUDED. CALL TO SCHEDULE YOUR APPOINTMENT TODAY!

Last Agent to Sell the Property

Juan Ramirez

Su Familia Real Estate Inc License #475166507 Listed on: 06/29/2021

Last Buyer's Agent

Adalberto Sanchez

A&O Dream Key Real Estate License #471019763

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,229

Year Built

  • Built in 1977

Lot Details

  • 3,690 Sq Ft Lot
  • Lot Dimensions are 30x123
  • Fenced Yard
  • Paved or Partially Paved Lot

Home Design

  • Split Level Home
  • Bi-Level Home
  • Asphalt Roof

Interior Spaces

  • 1,204 Sq Ft Home
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Additional Features

  • Property is near park
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,229

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1204
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: North
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.0847
  • Lot Dimensions: 30X123
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5229
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Aug 13, 2021
Sold by
Rivera Edmundo A
Bought by
Panchi Mario
Seller's Agent
Juan Ramirez
Su Familia Real Estate Inc
Buyer's Agent
Adalberto Sanchez
A&O Dream Key Real Estate
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%
Current Estimated Value
$306,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,834
Avg. Annual Appreciation
4.28%
Original Mortgage
$250,381
Outstanding Balance
$224,233
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$82,601

Purchase Details

Listed on
May 20, 2014
Closed on
Oct 9, 2014
Sold by
Wrublik Debra A
Bought by
Rivera Edmundo A
Seller's Agent
David Wrublik
Buyer's Agent
Douglas Smith
Century 21 Ham & Associates
List Price
$130,000
Sold Price
$99,000
Premium/Discount to List
-$31,000
-23.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.79%
Original Mortgage
$93,915
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Panchi Mario $255,000 Old Republic National Title
Rivera Edmundo A $99,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panchi Mario $250,381
Previous Owner Rivera Edmundo A $93,915
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2021 08/17/21 Sold $255,000 +2.0% $212 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $249,900 +152.4% $208 / Sq Ft
10/11/2014 10/11/14 Off Market $99,000 -- --
10/09/2014 10/09/14 Sold $99,000 -16.8% $82 / Sq Ft View Prior Sale
07/30/2014 07/30/14 Pending -- -- --
07/14/2014 07/14/14 Price Changed $119,000 -8.5% $99 / Sq Ft
06/27/2014 06/27/14 For Sale $130,000 +31.3% $108 / Sq Ft
06/17/2014 06/17/14 Off Market $99,000 -- --
05/20/2014 05/20/14 For Sale $130,000 -- $108 / 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 $8,409 $24,000 $2,675 $21,325
2024 $8,409 $24,000 $2,675 $21,325
2023 $6,156 $24,000 $2,675 $21,325
2022 $6,156 $14,269 $2,306 $11,963
2021 $4,592 $14,268 $2,306 $11,962
2020 $4,800 $14,268 $2,306 $11,962
2019 $5,230 $14,805 $2,121 $12,684
2018 $5,055 $14,805 $2,121 $12,684
2017 $5,075 $14,805 $2,121 $12,684
2016 $6,195 $13,116 $1,845 $11,271
2015 $6,003 $13,116 $1,845 $11,271
2014 $5,875 $13,116 $1,845 $11,271
2013 $4,508 $15,715 $1,845 $13,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11139834

Midwest Real Estate Data (MRED)

APN: 18-13-204-006-0000