NOT LISTED FOR SALE

7420 W 56th St Summit Argo, IL 60501

Estimated Value: $275,000 - $313,000

3 Beds
2 Baths
1,468 Sq Ft
$197/Sq Ft Est. Value

Last Sold January 22, 2014

Last sale price $60,900 $41 Per Sq Ft

Est. 376% increase in value since last sale

Current estimated payment $2,124/month

24 Days on Market

Highlights

  • Georgian Architecture
  • Wood Flooring
  • Detached Garage
  • Argo Community High School Rated A-
  • Screened Porch
  • Breakfast Bar

About This Home

As of January 2014

TWO STORY FRAME HOME LOCATED IN SUMMIT WITH 3 BEDROOMS, 1.1 BATHS. ENCLOSED PORCH, FULL BASEMENT AND ATTIC, HARDWOOD FLOORS. 2 CAR GARAGE WITH CONCRETE PATIO AND AWNING. PLEASE NOTE THAT HVAC SYSTEM IS SET UP FOR CENTRAL AIR BUT UNIT HAS BEEN REMOVED. JUST MINUTES TO I-55 EXPRESSWAY. SOLD AS-IS. BUYER TO ASSUME ALL VILLAGE REQUIRED REPAIRS.

Last Agent to Sell the Property

Steve Malik

RE/MAX Professionals Select License #475130406 Listed on: 12/03/2013

RE/MAX Professionals Select

Last Buyer's Agent

Juana Serna

GREAT HOMES REAL ESTATE, INC. License #475114678

Home Details

Home Type

  • Single Family

Year Built

  • 1909

Lot Details

  • 3,136

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Georgian Architecture
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Screened Porch
  • Breakfast Bar

Flooring

  • Wood
  • Laminate

Unfinished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1909

Lot Details

3,136 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Georgian
  • Type Detached: 2 Stories
  • Estimated Year Built: 1909
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1909

Interior Features

  • Interior Property Features: Hardwood Floors, Wood Laminate Floors
  • Number Of Rooms: 6
  • Living Room: Dimensions: 25X12, On Level: Main Level, Flooring: Hardwood
  • Attic: Unfinished
  • Basement: Full
  • Basement: Unfinished, Exterior Access
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X8, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Enclosed Porch
  • Master Bedroom: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 19X6, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X11, On Level: 2nd Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 1468
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch Screened

Garage/Parking

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

Utilities

  • Electricity: Fuses
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 104

Lot Info

  • Lot Dimensions: 25 X 125
  • Parcel Identification Number: 18132020440000

Tax Info

  • Taxes: 4881

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2017
Sold by
Noyola Olegario Guerrero and Chavez Lilia
Bought by
Cruz Ricardo and Cruz Angela B
Current Estimated Value
$289,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Outstanding Balance
$132,215
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$157,672

Purchase Details

Listed on
Dec 3, 2013
Closed on
Jan 6, 2014
Sold by
U S Bank National Association
Bought by
Noyola Olegario Guerrero and Chavez Lilia
Seller's Agent
Steve Malik
RE/MAX Professionals Select
Buyer's Agent
Juana Serna
GREAT HOMES REAL ESTATE, INC.
List Price
$54,000
Sold Price
$60,900
Premium/Discount to List
$6,900
12.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.69%

Purchase Details

Closed on
May 23, 2013
Sold by
Monroy and Intercounty Judicial Sales Corp
Bought by
Us Bk

Purchase Details

Closed on
Oct 6, 2005
Sold by
Cortez Eudolia
Bought by
Monroy Noe J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,920
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2004
Sold by
Kurysz Edward L and Koenig Philip
Bought by
Cortez Eudolia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2001
Sold by
Storbeck Robert C and Storbeck Mary E
Bought by
Kurysz Edward L and Koenig Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,960
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 1998
Sold by
Heinz James D and Heinz Lula M
Bought by
Storbeck Robert C and Storbeck Mary E
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
Cruz Ricardo $165,000 Chicago Title Insurance Comp
Noyola Olegario Guerrero $61,000 Multiple
Us Bk -- --
Us Bk -- --
Us Bk -- --
Monroy Noe J $220,000 Prairie Title
Cortez Eudolia $189,000 Stewart Title Of Illinois
Kurysz Edward L $132,000 --
Storbeck Robert C $113,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Ricardo $162,011
Previous Owner Monroy Noe J $175,920
Previous Owner Cortez Eudolia $151,200
Previous Owner Kurysz Edward L $129,960
Closed Cortez Eudolia $37,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2014 01/22/14 Sold $60,900 +12.8% $41 / Sq Ft
12/27/2013 12/27/13 Pending -- -- --
12/03/2013 12/03/13 For Sale $54,000 -- $37 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,897 $23,000 $2,266 $20,734
2024 $6,897 $23,000 $2,266 $20,734
2023 $4,652 $23,000 $2,266 $20,734
2022 $4,652 $14,204 $1,953 $12,251
2021 $4,565 $14,203 $1,953 $12,250
2020 $4,772 $14,203 $1,953 $12,250
2019 $5,429 $15,239 $1,796 $13,443
2018 $6,775 $15,239 $1,796 $13,443
2017 $5,267 $15,239 $1,796 $13,443
2016 $5,647 $14,453 $1,562 $12,891
2015 $6,615 $14,453 $1,562 $12,891
2014 $5,323 $14,453 $1,562 $12,891
2013 $4,821 $14,615 $1,562 $13,053
Source: Public Records

Agents Affiliated with this Home

  • Steve Malik

    Seller's Agent in 2014

    Steve Malik

    RE/MAX

    (630) 369-3000

    79 Total Sales

    Steve Malik
    Section Image
  • Juana Serna

    Buyer's Agent in 2014

    Juana Serna

    GREAT HOMES REAL ESTATE, INC.

    (708) 208-5767

    1 in this area

    35 Total Sales

    Juana Serna
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08498253

Midwest Real Estate Data (MRED)

APN: 18-13-202-044-0000

Illinois Cook County Summit Argo 60501

7420 W 56th St, Summit Argo, IL

Not Listed for Sale

Detached

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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