NOT LISTED FOR SALE

7508 W 63rd Place Summit, IL 60501

Summit Area
5 Beds
2 Baths
-- Sq Ft
2006 Built

Sale Details

Date Sold: December 30, 2014

Last sale price $135,000

4 Days on Market

Highlights

  • Bungalow
  • Two Heating Systems
  • Paved or Partially Paved Lot
  • Argo Community High School Rated A-

About This Home

As of December 2014

Beautiful 2-unit, with seperate utilities, entances,High effient heat and air , nice floor plan for 19' wide bldg. Ceramic Kit. & bath floors. 3 bdrm.,1 bath upstairs, 2 bdrm, 1 bath downstairs. Great location, close to shopping, bus stop, Schools. First floor rented to long term Tenant, Garden unit is Vacant. Nothing to do. Move-in condition. Garage slab.

Last Agent to Sell the Property

Michael Kaput

First United Realtors, Inc. License #471000295 Listed on: 11/17/2014

Last Buyer's Agent

Peter Hernandez

RE/MAX Mi Casa License #475151371

RE/MAX Mi Casa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,106

Year Built

  • Built in 2006

Home Design

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Lot Details

  • Lot Dimensions are 25 x 125
  • Paved or Partially Paved Lot

Schools

  • Otis P Graves Elementary School
  • Heritage Middle School
  • Argo Community High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • 2 Units
  • Gross Income $10,800

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,106

Year Built

Built in 2006

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 2006
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: TV-Cable, CO Detectors, Sump Pump
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Garage/Space

Exterior Features

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

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 0

Schools

  • Elementary School: OTIS P GRAVES ELEMENTARY SCHOOL
  • High School: ARGO COMMUNITY HIGH SCHOOL
  • Middle/Junior School: HERITAGE MIDDLE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 10800
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 5105.68
  • Tax Year: 2013
  • Tax Exemptions: Homeowner

MLS Schools

  • Othr Public Sch: MORRAINE VALLEY COMMUNITY COLLEGE

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2014
Closed on
Dec 24, 2014
Sold by
Bought by
Seller's Agent
Michael Kaput
First United Realtors, Inc.
Buyer's Agent
Peter Hernandez
RE/MAX Mi Casa
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
0.0525%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2001
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$135,000 None Available
$18,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $101,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/30/2014 12/30/14 Sold $135,000 -15.6% --
11/21/2014 11/21/14 Pending -- -- --
11/17/2014 11/17/14 For Sale $159,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $9,289 $26,513 $2,266 $24,247
2024 $9,289 $26,513 $2,266 $24,247
2023 $9,245 $26,513 $2,266 $24,247
2022 $9,245 $21,428 $1,953 $19,475
2021 $8,997 $21,427 $1,953 $19,474
2020 $9,211 $21,427 $1,953 $19,474
2019 $7,720 $16,792 $1,796 $14,996
2018 $7,466 $16,792 $1,796 $14,996
2017 $8,086 $18,213 $1,796 $16,417
2016 $7,912 $16,752 $1,562 $15,190
2015 $7,667 $16,752 $1,562 $15,190
2014 $6,353 $16,752 $1,562 $15,190
2013 $5,106 $16,655 $1,562 $15,093
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08788053

Midwest Real Estate Data (MRED)
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