NOT LISTED FOR SALE

7441 W 56th Place Summit Argo, IL 60501

Estimated Value: $294,000 - $374,000

5 Beds
2 Baths
1,622 Sq Ft
$209/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $312,000 $192 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,248/month

4 Days on Market

Highlights

  • Main Floor Bedroom
  • Loft
  • Stainless Steel Appliances
  • Argo Community High School Rated A-
  • Formal Dining Room
  • 5-minute walk to Summit Park

About This Home

As of March 2024

Welcome to this charming home that has undergone a recent and thoughtful renovation. As you step through the door, you'll be greeted by the fresh and inviting atmosphere of a residence that has been lovingly updated. 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 eating area, 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. Outside, the large yard is surrounded by a new vinyl fence, providing both privacy and a touch of modern elegance. A 2-car detached garage, coupled with a new driveway/apron, adds convenience and functionality to your everyday 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 system throughout. Newer windows, brand new flooring, brand new light fixtures, BRAND NEW kitchen & Appliances.

Last Agent to Sell the Property

Donna Glazer

Keller Williams Experience License #475104030 Listed on: 02/06/2024

Keller Williams Experience

Last Buyer's Agent

Denise Pav

Century 21 Circle License #471005958

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1914 | Remodeled in 2024

Lot Details

  • 5,576 Sq Ft Lot
  • Lot Dimensions are 45x125
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,622 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Loft
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Walsh Elementary School
  • Heritage Middle School
  • Argo Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,192

Year Built

Built in 1914 | 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: 1914
  • 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

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, In-Law Arrangement, First Floor Full Bath, Some Carpeting, Some Wall-To-Wall Cp
  • LivingArea: 1622
  • Room Type: Bedroom 5, Loft
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Walsh Elementary School
  • High School: Argo Community High School
  • Middle/Junior School: Heritage Middle School

Lot Info

  • Lot Size Acres: 0.128
  • Lot Dimensions: 45X125
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1192.22
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 13, 2024
Sold by
Elevar Homes Llc
Bought by
Orduno Ariana
Seller's Agent
Donna Glazer
Keller Williams Experience
Buyer's Agent
Denise Pav
Century 21 Circle
List Price
$310,000
Sold Price
$312,000
Premium/Discount to List
$2,000
0.65%
Views
131
Current Estimated Value
$338,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,661
Avg. Annual Appreciation
4.71%
Original Mortgage
$277,680
Outstanding Balance
$272,947
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$65,714

Purchase Details

Closed on
Aug 17, 2023
Sold by
Rosebud Loribeth Trust
Bought by
Elevar Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,600
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2015
Sold by
Walker Linda
Bought by
Walker Linda and The Rosebud Loribeth Trust
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
Orduno Ariana $312,000 Elevation Title
Elevar Homes Llc $144,500 Old Republic Title
Walker Linda -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orduno Ariana $277,680
Previous Owner Elevar Homes Llc $115,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2024 03/14/24 Sold $312,000 +0.6% $192 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $310,000 -- $191 / 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 $5,617 $22,001 $4,046 $17,955
2023 $1,192 $22,001 $4,046 $17,955
2022 $1,192 $8,922 $3,488 $5,434
2021 $949 $8,920 $3,487 $5,433
2020 $1,167 $8,920 $3,487 $5,433
2019 $1,778 $12,589 $3,208 $9,381
2018 $2,848 $12,589 $3,208 $9,381
2017 $2,892 $12,589 $3,208 $9,381
2016 $3,052 $10,742 $2,790 $7,952
2015 $2,858 $10,742 $2,790 $7,952
2014 $2,839 $10,742 $2,790 $7,952
2013 $3,246 $12,577 $2,790 $9,787
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11975352

Midwest Real Estate Data (MRED)

APN: 18-13-211-001-0000