NOT LISTED FOR SALE

7342 W 58th St Summit Argo, IL 60501

Estimated Value: $224,000 - $264,873

3 Beds
2 Baths
895 Sq Ft
$275/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $40,500 $45 Per Sq Ft

Est. 508% increase in value since last sale

Current estimated payment $1,612/month

9 Days on Market

About This Home

As of April 2012

1STORY RANCH WITH FULL BASEMENT, LOCATED ON LARGE FENCED LOT/ORIGINAL PINE WOODWORK THROUGHOUT/3 CAR DETACHED GARAGE/3 BEDROOMS AND TWO FULL BATHS/PROPERTY APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING/BUYER RESPONSIBLE FOR VILLAGE VIOLATIONS/IF ANY/PRE-APPROVAL OR PROOF OF FUNDS DATED WITHIN THE LAST 30 DAYS STRONGLY ENCOURAGED TO BE SUBMITTED WITH ALL OFFER

Last Agent to Sell the Property

Edward Lukasik

RE/MAX Professionals License #471020258 Listed on: 03/27/2012

RE/MAX Professionals

Last Buyer's Agent

Julio Rodriguez

Ideal Location Oak Park Real Estate

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,759

Year Built

  • 1948

Lot Details

  • 6,839

Parking

  • 4

Home Design

  • Brick Exterior Construction
  • Frame Construction

Finished Basement

  • Partial Basement

Utilities

  • No Cooling
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$2,759

Year Built

1948

Lot Details

0

Parking

4

Interior Features

  • Total # Of Rooms: 7
  • Attic: Unfinished
  • Basement: Partial
  • Basement: Finished
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X11
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X10
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 11X10
  • Living Room Level: Main Level
  • Living Room Size: 19X11
  • Dining Room Level: Main Level
  • Dining Room Size: 12X8
  • Family Room Level: Main Level
  • Family Room Size: 19X10
  • Kitchen Level: Main Level
  • Kitchen Size: 11X10

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame

Garage/Parking

  • Number of Cars: 4
  • Parking Type: Garage

Utilities

  • Air Conditioner: None
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Not Applicable

Schools

  • Junior High Dist: 104

Lot Info

  • Lot Dimensions: 55 X 124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2012
Closed on
Apr 23, 2012
Sold by
Fannie Mae
Bought by
Villagrana Rafael
Seller's Agent
Edward Lukasik
RE/MAX Professionals
Buyer's Agent
Julio Rodriguez
Ideal Location Oak Park Real Estate
List Price
$37,500
Sold Price
$40,500
Premium/Discount to List
$3,000
8%
Total Days on Market
9
Current Estimated Value
$246,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,718
Avg. Annual Appreciation
14.77%

Purchase Details

Closed on
Feb 27, 2012
Sold by
Schilling Micheline M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 6, 2007
Sold by
Schilling Micheline M
Bought by
Schilling Micheline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,700
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1996
Sold by
Schilling Oscar H and Schilling Micheline M
Bought by
Schilling Oscar H and Schilling Micheline M
Source: Public Records

Range of Values:

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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
Villagrana Rafael $40,500 Git
Federal National Mortgage Association -- None Available
Schilling Micheline M -- None Available
Schilling Oscar H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schilling Micheline M $154,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $40,500 +8.0% $45 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $37,500 -- $42 / 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 $2,759 $22,001 $4,945 $17,056
2023 $2,759 $22,001 $4,945 $17,056
2022 $2,759 $9,817 $4,263 $5,554
2021 $2,723 $9,815 $4,262 $5,553
2020 $2,886 $9,815 $4,262 $5,553
2019 $4,538 $13,301 $3,921 $9,380
2018 $4,386 $13,301 $3,921 $9,380
2017 $4,407 $13,301 $3,921 $9,380
2016 $4,078 $11,132 $3,410 $7,722
2015 $3,895 $11,132 $3,410 $7,722
2014 $3,836 $11,132 $3,410 $7,722
2013 $4,723 $11,742 $3,410 $8,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08028763

Midwest Real Estate Data (MRED)

APN: 18-13-221-019-0000