NOT LISTED FOR SALE

7507 W Douglas Ave Summit Argo, IL 60501

Estimated Value: $495,000 - $935,000

3 Beds
2 Baths
1,188 Sq Ft
$560/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $25,400 $21 Per Sq Ft

Est. 2,518% increase in value since last sale

Current estimated payment $4,741/month

96 Days on Market

Highlights

  • First Floor Utility Room
  • Walk-In Pantry
  • Fenced Yard
  • Argo Community High School Rated A-
  • Formal Dining Room
  • Detached Garage

About This Home

As of May 2012

SPACIOUS HOUSE WITH LOTS OF POTENTIAL, BEDROOMS, HAS LARGE MASTER W MASTER BATH & A LARGE CLOSET. SOLD "AS IS" NO SURVEY OR DISCLOSURES ADDENDUM REQUIRED AFTER ACCEPTANCE EM MUST BE CERT FUNDS BUYER RESPONSIBLE FOR ANY CITY LIENS/VIOLATIONS IF ANY. ROOMS, LOT SIZE & DETAILS NOT GUARANTEED.$1050 2-yr HOW for owner occupants, must negotiate with offer. Sale is subject to the buyer assuming all violations

Last Agent to Sell the Property

Jason Shapiro

RISING REALTY LLC License #471007942 Listed on: 02/01/2012

Last Buyer's Agent

Peter Koconis

ERA Rising Realty

Property Details

Home Type

  • Other

Year Built

  • 1893

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard

Parking

  • Detached Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Cedar

Interior Spaces

  • Formal Dining Room
  • First Floor Utility Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Patio
  • Storage Shed

Location

  • Property is near a bus stop
  • City Lot

Utilities

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

Listing and Financial Details

  • Seller Concessions Offered

Property Details

Home Type

Other

Year Built

1893

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Architectural Style: Bungalow
  • Type Detached: 1 Story
  • Special Features: 20
  • Year Built: 1893

Interior Features

  • Appliances: Oven/Range
  • Number Of Rooms: 6
  • Equipment: Ceiling Fan
  • Basement: Full, Walkout
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 15X14
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Half
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X10
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 11X10
  • Third Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 18X12
  • Living Room Flooring: Carpet
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 14X12
  • Dining Room Flooring: Carpet
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Kitchen Level: Main Level
  • Kitchen Size: 16X14
  • Kitchen Flooring: Ceramic Tile
  • Laundry Level: Main Level
  • Laundry Size: 6X6
  • Laundry Flooring: Vinyl
  • Additional Rooms: Utility Room-1st Floor
  • Additional Room 1 Name: Utility Room-1st Floor
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 16X7
  • Additional Room 1 Flooring: Vinyl
  • Additional Room 1 Window Treatment: Blinds

Exterior Features

  • Roof: Asphalt/Glass (Shingles)
  • Foundation: Block
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar, Frame
  • Exterior Property Features: Patio, Storage Shed
  • Exposure: N (North), S (South), W (West), City

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 104

Lot Info

  • Lot Dimensions: 66 X 149
  • Lot Description: Fenced Yard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2023
Sold by
Salgado Ruben
Bought by
Rosa Investment Group Llc
Current Estimated Value
$664,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2012
Closed on
May 16, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Salgado Ruben
Seller's Agent
Jason Shapiro
RISING REALTY LLC
Buyer's Agent
Peter Koconis
ERA Rising Realty
List Price
$22,000
Sold Price
$25,400
Premium/Discount to List
$3,400
15.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.18%

Purchase Details

Closed on
Dec 12, 2011
Sold by
Nugent Robert A
Bought by
Federal Home Loan Mortgage Corporation
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
Rosa Investment Group Llc -- Prairie Title
Salgado Ruben $25,500 First American Title
Federal Home Loan Mortgage Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rosa Investment Group Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2012 05/30/12 Sold $25,400 +15.5% $21 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
04/25/2012 04/25/12 Price Changed $22,000 0.0% $19 / Sq Ft
04/25/2012 04/25/12 For Sale $22,000 -40.5% $19 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
03/02/2012 03/02/12 Price Changed $37,000 -10.4% $31 / Sq Ft
02/01/2012 02/01/12 For Sale $41,300 -- $35 / 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 $14,955 $46,000 $6,843 $39,157
2023 $17,742 $46,000 $6,843 $39,157
2022 $17,742 $44,543 $5,899 $38,644
2021 $17,303 $44,541 $5,898 $38,643
2020 $17,813 $44,541 $5,898 $38,643
2019 $14,394 $31,310 $5,426 $25,884
2018 $19,564 $44,002 $5,426 $38,576
2017 $19,537 $44,002 $5,426 $38,576
2016 $18,844 $39,900 $4,719 $35,181
2015 $8,527 $18,631 $4,719 $13,912
2014 $8,056 $17,986 $4,719 $13,267
2013 $1,898 $4,719 $4,719 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07986774

Midwest Real Estate Data (MRED)

APN: 18-12-414-010-0000