$55,000
SOLD DEC 22, 2014

7513 W 58th Place Summit Argo, IL 60501

3 Beds
2 Baths
1,440 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

31% Below List Price

21 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Breakfast Bar
  • Argo Community High School Rated A-
  • Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2015

Excellent buy on this 3bdrm l.5 bath Cape Cod. Hardwood floors, large upstairs bedroom w/walk in closet. Additional attic space for 4th bedroom. Newer garage, furnace, air, shed, sump pump and hot water heater. Selling "AS IS", conventional or cash only. Buyer responsible for any village inspections. Great home to rehab

Last Agent to Sell the Property

Jack Gawron

RE/MAX 10 License #475133604 Listed on: 10/24/2014

RE/MAX 10

Last Buyer's Agent

John Gutman

Gutman Real Estate License #471018492

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,358

Year Built

  • 1954

Parking

  • Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range

Utilities

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

Additional Features

  • Wood Flooring
  • Washer
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,358

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Disability Access: Yes
  • Disability Access Details: Ramp - Main Level
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1954
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X12, On Level: Main Level, Windows: All
  • Appliances: Oven/Range, Refrigerator, Washer
  • Equipment: Ceiling Fan, Sump Pump
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 15X11, On Level: Main Level, Flooring: Vinyl, Windows: All
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 17X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1440

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Off Alley
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 217
  • Junior High Dist: 104

Lot Info

  • Lot Dimensions: 30X124
  • Parcel Identification Number: 18132270130000

Tax Info

  • Taxes: 4761.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Springview Investments Ii Il Ii Llc
Bought by
Springview Sfr Owner Llc
Current Estimated Value
$306,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,238,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 7, 2015
Closed on
Jul 27, 2015
Sold by
Mack Investments I Llc
Bought by
Springview Investments Ii Il Ii Llc
Seller's Agent
John Gutman
Vylla Home
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$5,096,250
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2015
Sold by
Mack Industries Ii Llc
Bought by
Mack Investment I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
3.67%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Oct 24, 2014
Closed on
Dec 8, 2014
Sold by
Weese Howard Carol E and Howard Richard
Bought by
Mack Industries Ii Llc
Seller's Agent
Jack Gawron
RE/MAX 10
Buyer's Agent
John Gutman
Gutman Real Estate
List Price
$79,900
Sold Price
$55,000
Premium/Discount to List
-$24,900
-31.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.70%
Original Mortgage
$6,000,000
Interest Rate
3.84%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 19, 2004
Sold by
Chicago Title Land Trust Co
Bought by
Weese Howard Carol E and Grygiel Robin M
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- Fidelity National Title
Warranty Deed $120,000 None Available
Quit Claim Deed -- Git
Warranty Deed $55,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $19,271,832 New Conventional
Previous Owner $26,238,000 Commercial
Previous Owner $5,096,250 Purchase Money Mortgage
Previous Owner $4,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $6,000,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2015 07/27/15 Sold $120,000 -20.0% $62 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $150,000 +172.7% $77 / Sq Ft
12/22/2014 12/22/14 Sold $55,000 -26.6% $38 / Sq Ft
11/14/2014 11/14/14 Pending -- -- --
11/01/2014 11/01/14 Price Changed $74,900 -6.3% $52 / Sq Ft
10/24/2014 10/24/14 For Sale $79,900 -- $55 / 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 $7,358 $21,000 $2,697 $18,303
2023 $6,129 $21,000 $2,697 $18,303
2022 $6,129 $14,205 $2,325 $11,880
2021 $5,964 $14,205 $2,325 $11,880
2020 $4,773 $14,205 $2,325 $11,880
2019 $5,215 $14,772 $2,139 $12,633
2018 $6,295 $17,594 $2,139 $15,455
2017 $6,313 $17,594 $2,139 $15,455
2016 $5,666 $11,998 $1,860 $10,138
2015 $5,492 $11,998 $1,860 $10,138
2014 $5,570 $15,004 $1,860 $13,144
2013 $4,768 $14,483 $1,860 $12,623
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08761028

Midwest Real Estate Data (MRED)

APN: 18-13-227-013-0000