NOT LISTED FOR SALE

7502 W 57th Place Summit Argo, IL 60501

Estimated Value: $251,334 - $369,000

3 Beds
2 Baths
1,120 Sq Ft
$252/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $310,000 $277 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,894/month

113 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Beamed Ceilings
  • Argo Community High School Rated A-
  • Wine Refrigerator
  • 5-minute walk to Summit Park

About This Home

As of June 2023

Beautifully rehabbed brick home. Entire home was rehabbed from top to bottom. 1st floor has Oak flooring, Ceramic bath, Catherdrel ceiling in Liv. Rm & Kitchen, tall Kitchen cabinets, S.S Appliances, custom doors and trim. Basement has Bar area, Family room, Exersize area, Laundry room and Full Bath with custom shower. Oak stairs from basement to 1st floor with custom railings. Oversized 2 1/2 car garage with covered patio area. Home has had Village inspection and passes all code requirements. There is nothing to do but move right in. Will pass FHA. Bring your pre-approved buyers soon. this one will not last too long.

Last Agent to Sell the Property

Michael Kaput

First United Realtors, Inc. License #471000295 Listed on: 01/10/2023

Co-Listed By

Gloria Wooden

First United Realtors, Inc. License #475162870

Last Buyer's Agent

Robert Alvarado

Realty of America, LLC License #475200167

Realty of America, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,642

Year Built

  • Built in 1956 | Remodeled in 2019

Lot Details

  • 3,720 Sq Ft Lot
  • Lot Dimensions are 30 x 124 x 30 x 124
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Dry Bar
  • Beamed Ceilings
  • Vaulted Ceiling
  • Insulated Windows
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Patio

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
  • Gas Water Heater

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,642

Year Built

Built in 1956 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1956
  • Age: 61-70 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: 2019
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Wine Refrigerator, Gas Cooktop
  • Basement: Full, English
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 1120
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Dry, Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Beamed Ceilings
  • LivingArea: 1120
  • Other Equipment: CO Detectors, Sump Pump, Water Heater-Gas
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 2240
  • Basement Description: Finished,Rec/Family Area
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1120
  • Basement Sq Ft: 1120
  • Total Sq Ft: 2240
  • Attic: Unfinished
  • Main Level Sq Ft: 1120
  • Door Features: Lever Style Door Handles,Panel Door(s)
  • Window Features: Insulated Windows,Screens
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 329900
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • 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
  • Middle/Junior School District: 104

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0854
  • Lot Dimensions: 30 X 124 X 30 X 124
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 4642
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Jun 8, 2023
Sold by
Cortes Genaro
Bought by
Campos Claudia Elizabeth
Seller's Agent
Michael Kaput
First United Realtors, Inc.
Buyer's Agent
Robert Alvarado
Realty of America, LLC
List Price
$329,900
Sold Price
$310,000
Premium/Discount to List
-$19,900
-6.03%
Total Days on Market
113
Views
92
Current Estimated Value
$282,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,416
Avg. Annual Appreciation
-4.50%
Original Mortgage
$289,500
Outstanding Balance
$282,183
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$401

Purchase Details

Closed on
Oct 27, 2011
Sold by
Assets Recovery 23 Llc
Bought by
Cortes Genaro

Purchase Details

Closed on
Oct 18, 2011
Sold by
Banco Popular North America
Bought by
Assets Recovery 23 Llc

Purchase Details

Closed on
Apr 18, 2011
Sold by
Munoz Roberto
Bought by
Banco Popular North America

Purchase Details

Closed on
Dec 8, 2005
Sold by
Parkway Bank & Trust Co
Bought by
Munoz Robert O and Munoz Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,005
Interest Rate
9%
Mortgage Type
Unknown
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
Campos Claudia Elizabeth $310,000 First American Title
Cortes Genaro $62,000 Multiple
Assets Recovery 23 Llc $43,500 Fidelity National Title
Banco Popular North America -- None Available
Munoz Robert O -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campos Claudia Elizabeth $289,500
Previous Owner Cortes Genaro $100,000
Previous Owner Cortes Genaro $83,000
Previous Owner Munoz Robert O $245,005
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2023 06/08/23 Sold $310,000 -6.0% $277 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $329,900 0.0% $295 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $329,900 -- $295 / 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 $4,732 $22,000 $2,697 $19,303
2023 $4,732 $22,000 $2,697 $19,303
2022 $4,732 $14,388 $2,325 $12,063
2021 $4,642 $14,387 $2,325 $12,062
2020 $5,312 $15,459 $2,325 $13,134
2019 $5,752 $15,940 $2,139 $13,801
2018 $5,560 $15,940 $2,139 $13,801
2017 $5,579 $15,940 $2,139 $13,801
2016 $5,464 $14,066 $1,860 $12,206
2015 $5,237 $14,066 $1,860 $12,206
2014 $5,150 $14,066 $1,860 $12,206
2013 $4,682 $14,270 $1,860 $12,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11698318

Midwest Real Estate Data (MRED)

APN: 18-13-215-029-0000