NOT LISTED FOR SALE

7536 W 58th Place Summit Argo, IL 60501

Estimated Value: $226,000 - $286,000

3 Beds
2 Baths
1,010 Sq Ft
$252/Sq Ft Est. Value

Last Sold August 20, 2012

Last sale price $38,000 $38 Per Sq Ft

Est. 570% increase in value since last sale

Current estimated payment $1,881/month

155 Days on Market

About This Home

As of August 2012

This one will need some work.Hardwood floors, big eat-in kitchen, good room sizes. Plenty of potential here. Full basement with 1/2 bath, big yard too. Price reflects work needed. Nice opportunity to build some sweat equity. Close access to expressways, shopping and transportation. This will not pass fha inspection. Can do 203k. No rent-w-option programs. Call listing agent for details regarding village inspection.

Last Agent to Sell the Property

Stan Wertelka

eXp Realty, LLC License #475095737 Listed on: 02/14/2012

eXp Realty, LLC

Last Buyer's Agent

Juan Balbuena

RE/MAX MI CASA License #475137789

RE/MAX MI CASA

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,495

Year Built

  • 1915

Lot Details

  • 3,703

Parking

  • Off Alley Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Combination Dining and Living Room

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • No Cooling
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$5,495

Year Built

1915

Lot Details

0

Interior Features

  • Total # Of Rooms: 6
  • Attic: Unfinished
  • Basement: Full
  • Basement: Unfinished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 14X11
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X11
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 11X07
  • Third Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 15X12
  • Living Room Flooring: Hardwood
  • Dining Room: Combined w/ LivRm
  • Dining Room Level: Main Level
  • Dining Room Size: 11X12
  • Dining Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 13X12
  • Kitchen Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking: Off Alley
  • Parking Type: Space/s

Utilities

  • Air Conditioner: None
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 104
  • Other Public School: MORAINE VALLEY COMMUNITY

Lot Info

  • Lot Dimensions: 30 X 124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2012
Closed on
Jul 27, 2012
Sold by
Ohio Investments Llc
Bought by
Macias Misael Del Villar and Munoz Yesenia
Seller's Agent
Stan Wertelka
eXp Realty, LLC
Buyer's Agent
Juan Balbuena
RE/MAX MI CASA
List Price
$54,900
Sold Price
$38,000
Premium/Discount to List
-$16,900
-30.78%
Total Days on Market
155
Current Estimated Value
$254,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,465
Avg. Annual Appreciation
15.99%

Purchase Details

Closed on
Feb 10, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Ohio Investments Llc

Purchase Details

Closed on
Mar 30, 2011
Sold by
Saucedo Luisa
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
May 22, 2002
Sold by
Beecher Gerald C and Beecher Jacqueline
Bought by
Saucedo Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,697
Interest Rate
7.07%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 1999
Sold by
Beecher Gerald C and Beecher Jacqueline
Bought by
Beecher Gerald C and Beecher Jacqueline

Purchase Details

Closed on
Mar 11, 1999
Sold by
Cityhome Property 1997 Llc
Bought by
Beecher Gerald C and Abogado Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,960
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 1998
Sold by
Cityhome Inc
Bought by
White Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,400
Interest Rate
9%

Purchase Details

Closed on
Nov 10, 1997
Sold by
Moore Julia Bryce
Bought by
City Home Inc

Purchase Details

Closed on
Oct 6, 1997
Sold by
Bryce Roland
Bought by
City Home Inc
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 Buyer Sale Price Title Company
Macias Misael Del Villar $38,000 None Available
Ohio Investments Llc -- Stewart Title Company
The Secretary Of Housing & Urban Develop -- None Available
Saucedo Luisa $149,000 Ticor Title
Beecher Gerald C -- --
Beecher Gerald C $115,000 1St American Title
White Michael -- --
City Home Inc -- --
City Home Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saucedo Luisa $150,220
Previous Owner Saucedo Luisa $146,697
Previous Owner Beecher Gerald C $113,960
Previous Owner White Michael $85,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2012 08/20/12 Sold $38,000 -15.4% $38 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
06/23/2012 06/23/12 Price Changed $44,900 -18.2% $44 / Sq Ft
05/08/2012 05/08/12 For Sale $54,900 0.0% $54 / Sq Ft
04/19/2012 04/19/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $54,900 -- $54 / 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 $19,000 $2,675 $16,325
2023 $2,338 $19,000 $2,675 $16,325
2022 $2,338 $8,840 $2,306 $6,534
2021 $2,313 $8,840 $2,306 $6,534
2020 $2,466 $8,840 $2,306 $6,534
2019 $3,932 $11,983 $2,121 $9,862
2018 $5,328 $11,983 $2,121 $9,862
2017 $5,320 $11,983 $2,121 $9,862
2016 $5,460 $11,561 $1,845 $9,716
2015 $5,292 $11,561 $1,845 $9,716
2014 $5,178 $11,561 $1,845 $9,716
2013 $4,720 $11,734 $1,845 $9,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07997554

Midwest Real Estate Data (MRED)

APN: 18-13-223-026-0000