NOT LISTED FOR SALE

7518 W 61st Place Summit Argo, IL 60501

Estimated Value: $221,000 - $355,000

4 Beds
3 Baths
1,056 Sq Ft
$263/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $55,000 $52 Per Sq Ft

Est. 399% increase in value since last sale

Current estimated payment $1,974/month

75 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Heated Enclosed Porch
  • Argo Community High School Rated A-
  • Main Floor Bedroom
  • Sitting Room

About This Home

As of September 2015

Affordable, some work has been done over the years. 4 Bdrm., 3 bath, bsmt., enclosed front & side porch. Zoning is R-2, but home is single fam. Investor sale, Must be sold "AS-IS". Cash preferred, no survey or termite inspection. Buyer to assume code work required by Village and post escrow. Has lots of potential. R.E. Taxes prorated @ 100%. 10% E.M. Cash Buyers to split title fees.

Last Agent to Sell the Property

Michael Kaput

First United Realtors, Inc. License #471000295 Listed on: 06/06/2015

Last Buyer's Agent

Amalia Guzman

Keller Williams Preferred Rlty License #475140331

Keller Williams Preferred Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,495

Year Built

  • 1919

Lot Details

  • Southern Exposure
  • Fenced Yard

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Sitting Room
  • Recreation Room
  • Loft
  • Heated Enclosed Porch
  • Wood Flooring
  • Partially Finished Basement
  • Finished Basement Bathroom
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

  • Radiator
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,495

Year Built

1919

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1919
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1919

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Living Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: Refrigerator, Washer, Dryer
  • Equipment: Sump Pump
  • Attic: Dormer, Finished, Full, Interior Stair
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 07X09, On Level: Basement
  • Kitchen Type: Dimensions: 14X14, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Enclosed Porch, Enclosed Porch Heated, Loft, Recreation Room, Sitting Room
  • Master Bedroom: Dimensions: 10X08, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Loft, Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Recreation Rm, Dimensions: 11X12, On Level: Basement, Flooring: Other
  • Bedroom 2: Dimensions: 10X08, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Sitting, Dimensions: 09X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Enclosed Porch Heated, Dimensions: 09X06, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 4: Dimensions: 08X08, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Enclosed Porch, Dimensions: 20X06, On Level: Main Level, Flooring: Other
  • Estimated Sq Ft: 1056

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Storms/Screens
  • Exposure: S (South)

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam, Baseboard, Radiators

Schools

  • School District: 217
  • Elementary School: OTIS P GRAVES ELEMENTARY SCHOOL
  • Middle School: HERITAGE MIDDLE SCHOOL
  • High School: ARGO COMMUNITY HIGH SCHOOL
  • Junior High Dist: 104

Lot Info

  • Lot Dimensions: 30 X 126 X 31 X 126
  • Lot Description: Fenced Yard, Rear of Lot
  • Parcel Identification Number: 18134150280000

Tax Info

  • Taxes: 4364.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2015
Closed on
Sep 11, 2015
Sold by
Marquette Bank
Bought by
Benitez Rosa M
Seller's Agent
Michael Kaput
First United Realtors, Inc.
Buyer's Agent
Amalia Guzman
Keller Williams Preferred Rlty
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Current Estimated Value
$274,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,585
Avg. Annual Appreciation
16.85%

Purchase Details

Closed on
Sep 22, 1995
Sold by
Orona Ernesto and Orona Claudia
Bought by
Marquette National Bank
Source: Public Records

Range of Values:

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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
Benitez Rosa M $55,000 First American Title
Marquette National Bank -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $55,000 +0.2% $52 / Sq Ft
08/20/2015 08/20/15 Pending -- -- --
08/17/2015 08/17/15 Price Changed $54,900 -8.3% $52 / Sq Ft
06/06/2015 06/06/15 For Sale $59,900 -- $57 / 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 $5,495 $2,719 $2,719 --
2023 $4,695 $19,000 $2,719 $16,281
2022 $4,695 $14,304 $2,344 $11,960
2021 $4,607 $14,303 $2,343 $11,960
2020 $4,815 $14,303 $2,343 $11,960
2019 $4,189 $12,541 $2,156 $10,385
2018 $4,049 $12,541 $2,156 $10,385
2017 $5,568 $12,541 $2,156 $10,385
2016 $5,285 $11,190 $1,875 $9,315
2015 $5,122 $11,190 $1,875 $9,315
2014 $5,012 $11,190 $1,875 $9,315
2013 $4,365 $10,851 $1,875 $8,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08946032

Midwest Real Estate Data (MRED)

APN: 18-13-415-028-0000