NOT LISTED FOR SALE

7440 W 56th Place Summit Argo, IL 60501

Estimated Value: $330,000 - $384,000

4 Beds
3 Baths
3,030 Sq Ft
$118/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $382,000 $126 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,904/month

1 Day on Market

Highlights

  • 2.5 Car Detached Garage
  • Enclosed Patio or Porch
  • Soaking Tub
  • Argo Community High School Rated A-
  • Double Pane Windows
  • Central Air

About This Home

As of August 2024

Welcome to your new home. As you step through the door, you'll be greeted by high ceilings and all new updates! The home boasts a brand new kitchen and bathrooms, showcasing modern updates that are sure to capture your heart. The main level features two bedrooms and a full bathroom, making it an ideal space for multi-generational living or accommodating guests. The kitchen is a true highlight, not only for its newness but also for its stunning design. Finished with today's esthetics in mind, it includes an inviting dining room, perfect for gathering with family and friends. The spacious front room provides versatility, whether you're in the mood for entertaining guests or simply relaxing and enjoying your favorite shows. Venture upstairs to discover additional bedrooms, offering ample space for everyone in the household. Go down to your basement for a huge family/recreation room with plenty of space. Outside, there is a large fenced-in yard with an additional side yard (second deeded lot). A 2.5-car detached garage, with a party door and covered porch area, adds convenience and functionality to your outdoor life. Location is key, and this home is perfectly situated within walking distance to John D. Walsh Elementary. Additionally, Heritage Middle School is just half a mile away, and Argo Community High School is a mere mile from your doorstep. Embrace the convenience of nearby schools, shopping, dining, entertainment, trains and expressways while enjoying the comfort and style of this beautifully renovated home. Get ready to fall in love with every corner of this delightful residence! BRAND new electrical panel, windows, flooring, light fixtures, BRAND NEW kitchen & Appliances. Come see this gem and make it yours!

Last Agent to Sell the Property

Dany Bourjas

Kale Realty License #475168133 Listed on: 07/19/2024

Kale Realty

Last Buyer's Agent

Crystal Lagunas

Coldwell Banker Real Estate Group License #475207354

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,531

Year Built

  • Built in 1913 | Remodeled in 2024

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45x123
  • Additional Parcels

Parking

  • 2.5 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,030 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Window Screens

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Soaking Tub

Laundry

  • Sink Near Laundry
  • Gas Dryer Hookup

Finished Basement

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

Outdoor Features

  • Enclosed Patio or Porch

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

$8,531

Year Built

Built in 1913 | Remodeled in 2024

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • 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
  • Half Bathrooms: 2
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 3030
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 3030
  • Basement Description: Finished
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 3030
  • Window Features: Double Pane Windows,Insulated Windows,Low Emissivity Windows,Screens
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Off Alley
  • 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: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Sink
  • 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

  • High School: Argo Community High School

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.12
  • Lot Dimensions: 45X123
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8530.91
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Aug 21, 2024
Sold by
Cedar Equity Llc
Bought by
Gonzalez Michelle and Guzman Andres
Seller's Agent
Dany Bourjas
Kale Realty
Buyer's Agent
Crystal Lagunas
Coldwell Banker Real Estate Group
List Price
$379,500
Sold Price
$382,000
Premium/Discount to List
$2,500
0.66%
Views
29
Current Estimated Value
$357,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,000
Avg. Annual Appreciation
-4.86%
Original Mortgage
$18,754
Interest Rate
6.77%

Purchase Details

Closed on
Jan 23, 2024
Sold by
Nowak Alice M
Bought by
Cedar Equity Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Gonzalez Michelle -- Old Republic Title
Cedar Equity Llc $127,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gonzalez Michelle $18,754
Open Gonzalez Michelle $375,081
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2024 08/21/24 Sold $382,000 +0.7% $126 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
07/20/2024 07/20/24 For Sale $379,500 -- $125 / 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 $472 $1,349 $1,349 --
2023 $501 $1,349 $1,349 --
2022 $501 $1,163 $1,163 $0
2021 $488 $1,162 $1,162 $0
2020 $500 $1,162 $1,162 $0
2019 $491 $1,069 $1,069 $0
2018 $475 $1,069 $1,069 $0
2017 $475 $1,069 $1,069 $0
2016 $439 $930 $930 $0
2015 $426 $930 $930 $0
2014 $417 $930 $930 $0
2013 $374 $930 $930 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12114630

Midwest Real Estate Data (MRED)

APN: 18-13-208-016-0000