NOT LISTED FOR SALE

7440 W 56th St Summit Argo, IL 60501

Estimated Value: $312,000 - $405,000

4 Beds
3 Baths
2,572 Sq Ft
$141/Sq Ft Est. Value

Last Sold June 04, 2018

Last sale price $215,000 $84 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,925/month

68 Days on Market

Highlights

  • Wood Burning Stove
  • Recreation Room
  • Wood Flooring
  • Argo Community High School Rated A-
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of June 2018

Wonderful, sprawling 2-story residence with tremendous interior living space featuring a second-floor-dormer addition. Numerous quality updates with smart material choices such as ceramic kitchen floor, hardwood floors in all bedrooms and throughout second floor. Main level boasts living room, dining room, large kitchen loaded with sharp wood cabinets and separate pantry plus two enclosed, heated porches and modern full bath. Second level enthralls with great rooms and fourth bedroom and second full bath offering a dreamy master bedroom suite. Full-finished basement with possible fifth bedroom or office and a third full bath completes our hearty home. Two new GFA furnace and central AC systems complete late 2017! 50-gal hot water tank 2013. Wood-burning stove- front porch. Have fun with beautiful backyard perennials. Newer exterior siding & 2.5-car garage with epoxy floor 2012. Close to I-55 X-way, Metra & CTA... 11 e-z miles to downtown Chicago! A refreshing delight... welcome home!

Last Agent to Sell the Property

Joe Washick

Century 21 Hallmark Ltd. License #471001768 Listed on: 02/01/2018

Century 21 Hallmark Ltd.

Last Buyer's Agent

Kevin Vargas

Realty Executives Midwest License #475126635

Realty Executives Midwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,861

Year Built | Renovated

  • 1909 | 2012

Lot Details

  • 6,273

Parking

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

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Dry Bar
  • Wood Burning Stove
  • Entrance Foyer
  • Home Office
  • Recreation Room
  • Bonus Room
  • Heated Enclosed Porch
  • Tandem Room
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Fenced Yard
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,861

Year Built | Renovated

1909 | 2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2012
  • Total Full or Half Bathrooms: 3
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1909
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1909
  • Year Renovated: 2012

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors, Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 13
  • Living Room: Dimensions: 14X12, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Equipment: Security System, CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning Stove
  • Basement: Full
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 7X11, On Level: Basement
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Eating Area-Table Space, Pantry-Walk-in
  • Additional Rooms: Enclosed Porch Heated, Enclosed Porch, Foyer, Den, Bonus, Tandem Room, Recreation Room, Office
  • Master Bedroom: Dimensions: 18X12, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 2 Name: Enclosed Porch Heated, Dimensions: 23X7, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 3 Name: Enclosed Porch, Dimensions: 15X7, On Level: Main Level, Flooring: Vinyl
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 4 Name: Foyer, Dimensions: 7X7, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Bedroom 4: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 5 Name: Den, Dimensions: 26X16, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 6 Name: Bonus, Dimensions: 21X10, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 7 Name: Tandem Rm, Dimensions: 6X6, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 8 Name: Bar, Dimensions: 17X9, On Level: Basement, Flooring: Carpet
  • Additional Room 9 Name: Recreation Rm, Dimensions: 9X22, On Level: Basement, Flooring: Carpet
  • Additional Room 10 Name: Office, Dimensions: 15X11, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 2572
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Storms/Screens

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 217
  • Junior High Dist: 104

Lot Info

  • Lot Dimensions: 54 X 124
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 18132020350000

Tax Info

  • Taxes: 7549.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Jun 4, 2018
Sold by
Stepien Rosemary and Samos Gary A
Bought by
Hubert Kevin E
Seller's Agent
Joe Washick
Century 21 Hallmark Ltd.
Buyer's Agent
Kevin Vargas
Realty Executives Midwest
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Current Estimated Value
$362,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,552
Avg. Annual Appreciation
7.57%
Original Mortgage
$211,105
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 1998
Sold by
Stepien Matthew and Stepien Rosemarie
Bought by
Stepien Matthew S and Stepien Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.02%

Purchase Details

Closed on
Jun 27, 1998
Sold by
Stepien Matthew
Bought by
Stepien Matthew and Stepien Rosemarie
Source: Public Records

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Range of Values:

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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
Hubert Kevin E $215,000 Attorney
Stepien Matthew S -- --
Stepien Matthew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hubert Kevin E $39,081
Open Hubert Kevin E $208,587
Closed Hubert Kevin E $211,105
Previous Owner Stepien Rosemary $114,080
Previous Owner Stepien Rosemary $135,000
Previous Owner Stepien Rosemary $125,000
Previous Owner Stepien Rosemary $110,000
Previous Owner Stepien Rosemarie $43,750
Previous Owner Stepien Matthew S $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2018 06/04/18 Sold $215,000 0.0% $84 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
04/02/2018 04/02/18 Price Changed $214,900 -0.9% $84 / Sq Ft
03/08/2018 03/08/18 Price Changed $216,900 -3.6% $84 / Sq Ft
02/01/2018 02/01/18 For Sale $225,000 -- $87 / 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 $10,861 $31,000 $4,531 $26,469
2023 $8,873 $31,000 $4,531 $26,469
2022 $8,873 $20,565 $3,906 $16,659
2021 $8,635 $20,565 $3,906 $16,659
2020 $8,840 $20,565 $3,906 $16,659
2019 $7,816 $17,000 $3,593 $13,407
2018 $6,031 $17,000 $3,593 $13,407
2017 $6,049 $17,000 $3,593 $13,407
2016 $7,549 $18,482 $3,125 $15,357
2015 $7,259 $18,482 $3,125 $15,357
2014 $7,128 $18,482 $3,125 $15,357
2013 $7,299 $20,776 $3,125 $17,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09846798

Midwest Real Estate Data (MRED)

APN: 18-13-202-035-0000