NOT LISTED FOR SALE

7341 W 56th St Summit Argo, IL 60501

Estimated Value: $311,000 - $362,000

4 Beds
2 Baths
1,609 Sq Ft
$205/Sq Ft Est. Value

Sale Details

Date Sold: August 1, 2016

Last sale price $101,000 $63 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $2,451 / mo

18 Days on Market

Highlights

  • 2 Car Detached Garage
  • Living Room
  • Dining Room
  • Argo Community High School Rated A-
  • Central Air
  • Family Room

About This Home

As of August 2016

Nice brick cape cod offers 4 bedrooms 2 baths. Full finished basement and large yard for summer entertainment. HUD HOME SOLD AS IS WITHOUT ANY GUARANTEE OR WARRANTY BY SELLER. UNINSURED HUD HOME. INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. BUYER RESPONSIBLE FOR ANY VILLAGE REQUIREMENTS AND VIOLATIONS IF ANY. CASE #137-441023.

Last Agent to Sell the Property

Jason Shapiro

RISING REALTY LLC License #471007942 Listed on: 04/04/2016

Last Buyer's Agent

Cecilia Favela

Realty of America, LLC License #475143967

Realty of America, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 4,922

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,609 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

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

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

4,922 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1950
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1609
  • Room Type: No additional rooms
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 4920
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5782
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2019
Sold by
Bought by
Current Estimated Value
$329,977

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jul 29, 2016
Sold by
Bought by
Seller's Agent
Jason Shapiro
RISING REALTY LLC
Buyer's Agent
Cecilia Favela
Realty of America, LLC
List Price
$86,000
Sold Price
$101,000
Premium/Discount to List
$15,000
17.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.79%
Original Mortgage
$80,800
Outstanding Balance
$66,579
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$263,398

Purchase Details

Closed on
Feb 3, 2015
Sold by
Bought by

Purchase Details

Closed on
Dec 8, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 12, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,960
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 20, 2006
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Attorney
-- Stewart Title Company
-- None Available
-- None Available
$205,000 Cti
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $80,800
Previous Owner $203,960
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/01/2016 08/01/16 Sold $101,000 +17.4% $63 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $86,000 -- $53 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,948 $26,000 $3,567 $22,433
2024 $7,948 $26,000 $3,567 $22,433
2023 $5,443 $26,000 $3,567 $22,433
2022 $5,443 $16,036 $3,075 $12,961
2021 $5,334 $16,035 $3,075 $12,960
2020 $5,559 $16,035 $3,075 $12,960
2019 $6,389 $17,326 $2,829 $14,497
2018 $7,703 $17,326 $2,829 $14,497
2017 $8,732 $19,667 $2,829 $16,838
2016 $6,130 $15,477 $2,460 $13,017
2015 $5,883 $15,477 $2,460 $13,017
2014 $5,782 $15,477 $2,460 $13,017
2013 $4,812 $14,592 $2,460 $12,132
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jason Shapiro

    RISING REALTY LLC

    33 Total Sales

    Jason Shapiro
    Section Image
  • Cecilia Favela

    Buyer's Agent in 2016

    Cecilia Favela

    Realty of America, LLC

    (708) 769-2010

    1 in this area

    54 Total Sales

    Cecilia Favela
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09183998

Midwest Real Estate Data (MRED)

APN: 18-13-209-045-0000

Illinois Cook County Summit Argo 60501

7341 W 56th St, Summit Argo, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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