NOT LISTED FOR SALE

7405 W 62nd St Summit Argo, IL 60501

Estimated Value: $247,000 - $332,000

5 Beds
2 Baths
1,656 Sq Ft
$173/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $155,000 $94 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,232/month

39 Days on Market

Highlights

  • Cape Cod Architecture
  • Detached Garage
  • Patio
  • Argo Community High School Rated A-

About This Home

As of October 2020

Location, Location! 2 blocks to Harlem Ave. Brick Cape Cod with great potential. 5 bedrooms, 2 full baths, 2 car garage, large unfinished basement, and fenced in yard. Recently remolded first-floor bathroom. Needs updating but this could be a gem! Sold AS IS.

Last Agent to Sell the Property

Erica Rivas

Village Realty, Inc. License #475186077 Listed on: 07/01/2020

Village Realty, Inc.

Co-Listed By

Angelica DeJesus

Village Realty, Inc. License #475189747

Last Buyer's Agent

Terry Pernell

Yoccm Realty License #475176053

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,058

Year Built

  • 1939

Lot Details

  • 3,485

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Exterior Basement Entry
  • Patio

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,058

Year Built

1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1939
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Basement: Exterior Access
  • Bedrooms All Levels: 5
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 10X12, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 12X15, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 11X11, On Level: Attic, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X11, On Level: Attic, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X11, On Level: Attic, Flooring: Carpet
  • Estimated Sq Ft: 1656
  • Dining Room Type: Separate
  • Family Room: Dimensions: 10X10, On Level: Attic, Flooring: Carpet, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.086

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Special Assessments: U
  • Assessed Sq Ft: 1766

Schools

  • School District: 217
  • Junior High Dist: 104

Lot Info

  • Lot Dimensions: 25X125
  • Parcel Identification Number: 18134240210000

Tax Info

  • Taxes: 6938.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Sep 17, 2020
Sold by
Cortina Nancy
Bought by
Cogwell Gregory and Cogwell Teanna
Seller's Agent
Erica Rivas
Village Realty, Inc.
Buyer's Agent
Terry Pernell
Yoccm Realty
List Price
$195,000
Sold Price
$155,000
Premium/Discount to List
-$40,000
-20.51%
Current Estimated Value
$286,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,888
Avg. Annual Appreciation
13.33%
Original Mortgage
$148,555
Interest Rate
2.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cortina Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,964
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2012
Sold by
Ortiz Lorenzo A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 1, 2002
Sold by
Vanwazer David J and Vanwazer Concepcion J
Bought by
Bautista Leobardo A and Ortiz Lorenzo M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
6.18%

Purchase Details

Closed on
Mar 30, 2000
Sold by
Jasso Guadalupe P and Jasso Gloria D
Bought by
Vanwazer David James and Vanwazer Concepcion J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.39%
Mortgage Type
VA

Purchase Details

Closed on
Mar 15, 1996
Sold by
Haskins Mardell and Kujawa Rita
Bought by
Jasso Guadalupe P and Jasso Gloria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.06%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cogwell Gregory $155,000 Citywide Title Corporation
Cortina Nancy $70,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Bautista Leobardo A $145,000 --
Vanwazer David James $110,000 --
Jasso Guadalupe P $76,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cogwell Gregory $27,790
Closed Cogwell Gregory $14,728
Closed Cogwell Gregory $15,243
Previous Owner Cogwell Gregory $148,555
Previous Owner Cortina Nancy $125,250
Previous Owner Cortina Nancy $25,000
Previous Owner Cortina Nancy $79,964
Previous Owner Ortiz Lorenzo $150,000
Previous Owner Ortiz Lorenzo M $126,000
Previous Owner Bautista Leobardo A $123,200
Previous Owner Vanwazer David James $101,000
Previous Owner Vanwazer David James $110,000
Previous Owner Jasso Guadalupe P $28,500
Previous Owner Jasso Guadalupe P $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $155,000 0.0% $94 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
07/29/2020 07/29/20 Price Changed $155,000 -11.4% $94 / Sq Ft
07/23/2020 07/23/20 Price Changed $175,000 -5.4% $106 / Sq Ft
07/14/2020 07/14/20 Price Changed $185,000 -5.1% $112 / Sq Ft
07/01/2020 07/01/20 For Sale $195,000 +179.0% $118 / Sq Ft
07/30/2012 07/30/12 Sold $69,900 0.0% $42 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $69,900 -- $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 $8,058 $23,000 $2,719 $20,281
2023 $6,653 $23,000 $2,719 $20,281
2022 $6,653 $15,421 $2,344 $13,077
2021 $6,474 $15,420 $2,343 $13,077
2020 $5,295 $15,420 $2,343 $13,077
2019 $7,177 $19,041 $2,156 $16,885
2018 $6,938 $19,041 $2,156 $16,885
2017 $6,955 $19,041 $2,156 $16,885
2016 $6,383 $16,012 $1,875 $14,137
2015 $6,128 $16,012 $1,875 $14,137
2014 $6,022 $16,012 $1,875 $14,137
2013 $5,138 $15,404 $1,875 $13,529
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10767290

Midwest Real Estate Data (MRED)

APN: 18-13-424-021-0000