NOT LISTED FOR SALE

7350 W 55th Place Summit Argo, IL 60501

Estimated Value: $256,000 - $293,138

3 Beds
2 Baths
1,082 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 08, 2013

Last sale price $85,000 $79 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $2,083/month

289 Days on Market

About This Home

As of August 2013

Nice 3 bedroom ranch in good condition. Hardwood floors throughout. Bath in basement. Ideal location, close to school and shopping. Ready to move in.

Last Agent to Sell the Property

Angelina Arreguin

Century 21 Grande Realty License #475135349 Listed on: 10/03/2012

Last Buyer's Agent

Stan Wertelka

eXp Realty License #475095737

eXp Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $7,948

Year Built

  • 1957

Lot Details

  • 4,574

Parking

  • 2

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Kitchen

  • Oven or Range
  • Dishwasher

Partially Finished Basement

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

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$7,948

Year Built

1957

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 5
  • Appliances: Oven/Range, Dishwasher
  • Basement: Full
  • Basement: Partially Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 13X10
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 13X10
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 11X10
  • Third Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 17X12
  • Living Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 17X10
  • Kitchen Flooring: Hardwood

Exterior Features

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

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 104

Lot Info

  • Lot Dimensions: 37X124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2012
Closed on
Aug 8, 2013
Sold by
Munoz Rigoberto and Pedroza Veronica Martinez
Bought by
Delatorre Jose F and Delatorre Maria E
Seller's Agent
Angelina Arreguin
Century 21 Grande Realty
Buyer's Agent
Stan Wertelka
eXp Realty
List Price
$285,000
Sold Price
$85,000
Premium/Discount to List
-$200,000
-70.18%
Current Estimated Value
$267,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,785
Avg. Annual Appreciation
10.15%
Original Mortgage
$83,460
Outstanding Balance
$65,584
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$202,201

Purchase Details

Closed on
Dec 6, 2006
Sold by
Lombardo Louis
Bought by
Munoz Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2005
Sold by
Dziedzic Jan
Bought by
Lombardo Louis

Purchase Details

Closed on
Jan 7, 2005
Sold by
Harris Trust & Savings Bank
Bought by
Dziedzic Jan

Purchase Details

Closed on
Sep 21, 2001
Sold by
Kennedy Edward J
Bought by
Harris Trust & Svgs Bank and The Edward J Kenendy Trust
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
Delatorre Jose F $85,000 Stewart Title Company
Munoz Rigoberto $245,000 Attorneys Title Guaranty Fun
Lombardo Louis $230,000 Pntn
Dziedzic Jan $175,000 Cti
Harris Trust & Svgs Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delatorre Jose F $83,460
Previous Owner Munoz Rigoberto $196,000
Previous Owner Munoz Rigoberto $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2013 08/08/13 Sold $85,000 -34.6% $79 / Sq Ft
07/19/2013 07/19/13 Pending -- -- --
05/20/2013 05/20/13 Price Changed $130,000 -41.5% $120 / Sq Ft
12/13/2012 12/13/12 Price Changed $222,300 +181.4% $205 / Sq Ft
12/07/2012 12/07/12 Price Changed $79,000 -24.8% $73 / Sq Ft
11/13/2012 11/13/12 Price Changed $105,000 -36.4% $97 / Sq Ft
11/08/2012 11/08/12 Price Changed $165,000 -24.3% $152 / Sq Ft
10/28/2012 10/28/12 Price Changed $218,000 -15.8% $201 / Sq Ft
10/12/2012 10/12/12 Price Changed $259,000 -9.1% $239 / Sq Ft
10/03/2012 10/03/12 For Sale $285,000 -- $263 / 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 $7,948 $24,707 $3,317 $21,390
2023 $5,209 $26,000 $3,317 $22,683
2022 $5,209 $15,493 $2,859 $12,634
2021 $5,107 $15,493 $2,859 $12,634
2020 $5,326 $15,493 $2,859 $12,634
2019 $5,268 $14,889 $2,630 $12,259
2018 $5,092 $14,889 $2,630 $12,259
2017 $5,659 $16,122 $2,630 $13,492
2016 $6,011 $15,224 $2,287 $12,937
2015 $5,767 $15,224 $2,287 $12,937
2014 $6,819 $15,224 $2,287 $12,937
2013 $5,152 $15,438 $2,287 $13,151
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08172543

Midwest Real Estate Data (MRED)

APN: 18-13-203-072-0000