NOT LISTED FOR SALE

7411 W 57th St Summit Argo, IL 60501

Estimated Value: $248,000 - $274,137

3 Beds
2 Baths
1,080 Sq Ft
$243/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $185,000 $171 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,410/month

7 Days on Market

Highlights

  • Cape Cod Architecture
  • Property is near park
  • Patio
  • Argo Community High School Rated A-
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of September 2021

Cape Cod with 3 bedrooms and full bath, plus an extra bath in basement. Seller has updated electric per city code with approved inspections/permits. Beautiful hardwood floors throughout most of main level. Fresh neutral paint. Large back yard is fenced in with cement patio. Huge 2 car garage with extra space for workshop or storage. Rare Double lot for your parties, gatherings and social distancing delight. Close to shopping, restaurants, public transportation, schools, and major highways. She's one of the nicest going on the market right now, kitchen left up to buyer's desires but functional as it is. Will go fast with the extra side lot which according to the city is buildable should the buyer choose to do so at a later date.

Last Agent to Sell the Property

Joseph Mueller

Tanis Group Realty License #471006369 Listed on: 04/13/2021

Last Buyer's Agent

David Lopez

RE/MAX Mi Casa License #475173054

RE/MAX Mi Casa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,607

Year Built

  • Built in 1950 | Remodeled in 2021

Lot Details

  • 4,339 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,080 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • Property is near park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,607

Year Built

Built in 1950 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1080
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • MRD_MBB: None
  • Master Bedroom Dimensions: 12X11
  • Bedroom 2 Window: None
  • Living Room Windows: None
  • Master Bedroom Windows: None
  • Kitchen Windows: None

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

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

  • Additional Parcels: Yes
  • Lot Size Acres: 0.0996
  • Lot Dimensions: 4340
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 4607.46
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2021
Sold by
Reinvest Homes Llc
Bought by
Bermudez Carmen and Morales Luis Angel
Current Estimated Value
$265,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 2021
Sold by
First Midwest Bank
Bought by
Reinvest Homes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bermudez Carmen $185,000 Old Republic National Title
Reinvest Homes Llc $120,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bermudez Carmen $181,649
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2021 09/14/21 Sold $185,000 -22.9% $171 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/19/2021 04/19/21 For Sale -- -- --
04/16/2021 04/16/21 Price Changed $239,900 -7.7% $222 / Sq Ft
04/12/2021 04/12/21 For Sale $259,900 -- $241 / 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 $267 $21,000 $2,697 $18,303
2024 $267 $21,000 $2,697 $18,303
2023 $6,256 $21,000 $2,697 $18,303
2022 $6,256 $14,500 $2,325 $12,175
2021 $6,088 $14,499 $2,325 $12,174
2020 $3,832 $14,499 $2,325 $12,174
2019 $3,624 $14,056 $2,139 $11,917
2018 $351 $14,056 $2,139 $11,917
2017 $344 $14,056 $2,139 $11,917
2016 $4,042 $12,839 $1,860 $10,979
2015 $3,818 $12,839 $1,860 $10,979
2014 $1,364 $12,839 $1,860 $10,979
2013 $1,254 $13,991 $1,860 $12,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11051502

Midwest Real Estate Data (MRED)

APN: 18-13-216-015-0000