NOT LISTED FOR SALE

7425 W 60th Place Summit Argo, IL 60501

Estimated Value: $236,000 - $240,104

2 Beds
1.5 Baths
700 Sq Ft
$340/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $205,000 $293 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,696/month

59 Days on Market

Highlights

  • Living Room
  • Laundry Room
  • Central Air
  • Argo Community High School Rated A-
  • 1-Story Property
  • Dining Room

About This Home

As of May 2023

Beautifully remodeled ranch style home in desirable Summit ready for a new owner. Main floor boasting 2 bedrooms, 1.5 bath, living/dining, kitchen, and laundry room. Kitchen quartz countertops, 36 inch cabinets, recessed lighting, stainless appliances, electric fire place, and high ceilings. Property has new roof, siding, gutters, water heater, furnace, ac unit, and new cement poured around the property. Big yard for all family get togethers. Major ticket items all taken care of. Nothing left to do but move in. Minutes away from restaurants, stores, and I-55.

Last Agent to Sell the Property

Dan Ortiz

Baird & Warner License #475178482 Listed on: 01/20/2023

Baird & Warner

Last Buyer's Agent

Rosalva Salgado

Shopping Casas Chicago LLC License #475196381

Shopping Casas Chicago LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,581

Year Built

  • Built in 1910 | Remodeled in 2022

Lot Details

  • 3,751 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Schools

  • Argo Community High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,581

Year Built

Built in 1910 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 204999
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco,Wood Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Argo Community High School
  • Middle/Junior School District: 104

Lot Info

  • Lot Size Acres: 0.0861
  • Lot Dimensions: 3750
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3580.63
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Apr 25, 2023
Sold by
Dipalomares Yadira D
Bought by
Ortiz Stephanie and Ortiz Eyerim
Seller's Agent
Dan Ortiz
Baird & Warner
Buyer's Agent
Rosalva Salgado
Shopping Casas Chicago LLC
List Price
$204,999
Sold Price
$205,000
Premium/Discount to List
$1
0.0%
Views
122
Current Estimated Value
$238,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,276
Avg. Annual Appreciation
6.55%
Original Mortgage
$201,286
Outstanding Balance
$196,403
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
$41,873

Purchase Details

Closed on
Apr 16, 2019
Sold by
Morrison Juliann and Morrison Michael L
Bought by
Alvarez Victor J

Purchase Details

Closed on
Mar 27, 1997
Sold by
Flores Lonnie K and Flores Alan Paul
Bought by
Morrison Michael L and Morrison Juliann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
7.73%
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
Ortiz Stephanie $205,000 None Listed On Document
Alvarez Victor J $20,000 Chicago Title
Morrison Michael L $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Stephanie $201,286
Previous Owner Morrison Michael L $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $205,000 0.0% $293 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $204,999 0.0% $293 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $204,999 +7.9% $293 / Sq Ft
08/01/2022 08/01/22 Sold $190,000 -7.3% $222 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/21/2022 06/21/22 Price Changed $204,900 -4.7% $239 / Sq Ft
06/02/2022 06/02/22 For Sale $214,900 -- $251 / 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 $5,255 $15,000 $2,719 $12,281
2023 $3,679 $15,000 $2,719 $12,281
2022 $3,679 $8,529 $2,344 $6,185
2021 $3,581 $8,528 $2,343 $6,185
2020 $3,666 $8,528 $2,343 $6,185
2019 $4,722 $10,271 $2,156 $8,115
2018 $4,567 $10,271 $2,156 $8,115
2017 $5,160 $11,621 $2,156 $9,465
2016 $4,462 $9,448 $1,875 $7,573
2015 $4,324 $9,448 $1,875 $7,573
2014 $4,232 $9,448 $1,875 $7,573
2013 $4,019 $12,622 $1,875 $10,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11704331

Midwest Real Estate Data (MRED)

APN: 18-13-412-016-0000