NOT LISTED FOR SALE

7427 W 57th St Summit Argo, IL 60501

Estimated Value: $284,000 - $384,000

3 Beds
1 Bath
900 Sq Ft
$357/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $335,000 $372 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,205/month

9 Days on Market

Highlights

  • 2 Car Detached Garage
  • Living Room
  • 1-Story Property
  • Argo Community High School Rated A-
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

Discover this meticulously renovated single-family residence nestled in the tranquil Summit neighborhood. The property has undergone extensive rehab, boasting new siding, roofing, AC condenser, concrete walkway and stairs, and upgraded plumbing and electrical systems throughout. Inside, elegant laminate flooring complements stunning quartz countertops, creating a refined aesthetic. The basement features epoxy flooring and includes a new washer and dryer setup, adding both functionality and modern convenience. Strategically positioned, the residence offers easy access to amenities, being just a short distance from Walsh Elementary School and mere minutes away from major expressways. Additionally, popular shopping destinations such as Sams Club, Walmart, and Target are conveniently located within a 15-minute drive.

Last Agent to Sell the Property

Abraham Ponce

Coldwell Banker Realty License #475172241 Listed on: 04/25/2024

Coldwell Banker Realty

Last Buyer's Agent

Oscar Mesina

Realty of America, LLC License #475198857

Realty of America, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,871

Year Built

  • Built in 1918 | Remodeled in 2024

Lot Details

  • Lot Dimensions are 30x124

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Walsh Elementary School
  • Argo Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,871

Year Built

Built in 1918 | Remodeled in 2024

Lot Details

0

Parking

2

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: 1918
  • Age: 100+ 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: 2024
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 900
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Walsh Elementary School
  • High School: Argo Community High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3870.61
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2023
Sold by
Oliver Edward J
Bought by
Ramos Stephanie I
Current Estimated Value
$321,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,700
Outstanding Balance
$61,278
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$259,792
Source: Public Records
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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
Ramos Stephanie I $66,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Stephanie I $62,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2024 06/25/24 Sold $335,000 0.0% $372 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $335,000 -- $372 / 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 $6,307 $18,000 $2,697 $15,303
2024 $6,307 $18,000 $2,697 $15,303
2023 $3,871 $18,000 $2,697 $15,303
2022 $3,871 $8,972 $2,325 $6,647
2021 $3,767 $8,971 $2,325 $6,646
2020 $3,856 $8,971 $2,325 $6,646
2019 $5,203 $11,317 $2,139 $9,178
2018 $5,032 $11,317 $2,139 $9,178
2017 $3,526 $11,317 $2,139 $9,178
2016 $3,700 $10,331 $1,860 $8,471
2015 $3,528 $10,331 $1,860 $8,471
2014 $3,477 $10,331 $1,860 $8,471
2013 $4,020 $12,624 $1,860 $10,764
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12038282

Midwest Real Estate Data (MRED)

APN: 18-13-216-007-0000