NOT LISTED FOR SALE

7540 W 59th St Summit Argo, IL 60501

Estimated Value: $286,000 - $321,000

4 Beds
2 Baths
1,375 Sq Ft
$221/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $185,000 $135 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,268/month

7 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Heated Enclosed Porch
  • Argo Community High School Rated A-
  • Loft
  • Fenced Yard

About This Home

As of May 2015

Total rehab. New roof, soffit, facia, gutters, windows doors, 95% furnace, A/C, On-demand Hot water tank, drain tile/sump-pump, electric panel, Stainless steel appliances, ceramic baths, granite counters in Kitchen, Some new hardwood floors, some refinished, all carpeted back porch and second floor. New O.H gar. door w/opener. Too much to list. Move-in ready. All LED lighting.

Last Agent to Sell the Property

Michael Kaput

First United Realtors, Inc. License #471000295 Listed on: 04/17/2015

Last Buyer's Agent

Clyde Porter

Coldwell Banker Real Estate Group License #475143511

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,247

Year Built

  • 1926

Lot Details

  • Southern Exposure
  • Fenced Yard

Parking

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

Home Design

  • Bungalow
  • Slab Foundation
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • Entrance Foyer
  • Loft
  • Heated Enclosed Porch
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,247

Year Built

1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bungalow
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1926
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 19X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Equipment: CO Detectors, Sump Pump
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Enclosed Porch Heated, Foyer, Loft, Walk In Closet
  • Master Bedroom: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Loft, Dimensions: 16X08, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Enclosed Porch Heated, Dimensions: 07X07, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Foyer, Dimensions: 05X04, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Walk in Closet, Dimensions: 06X06, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 14X15, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1375

Exterior Features

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

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

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

Lot Info

  • Lot Dimensions: 39.7 X 123.43 X 39.7 X 123.43
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 18132270200000

Green Features

  • Green Features: Tankless hot water heater

Tax Info

  • Taxes: 4322.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2015
Closed on
May 29, 2015
Sold by
Ciraulo Peter
Bought by
Salinas Hector and Martinez Cristina
Seller's Agent
Michael Kaput
First United Realtors, Inc.
Buyer's Agent
Clyde Porter
Coldwell Banker Real Estate Group
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%
Current Estimated Value
$304,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,002
Avg. Annual Appreciation
4.92%
Original Mortgage
$181,649
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 31, 2014
Closed on
Sep 25, 2014
Sold by
Fannie Mae
Bought by
Ciraulo Peter
Seller's Agent
David Padgurskis
Showtime Realty, Inc.
Buyer's Agent
Michael Kaput
First United Realtors, Inc.
List Price
$54,900
Sold Price
$49,000
Premium/Discount to List
-$5,900
-10.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
648.52%

Purchase Details

Closed on
Oct 22, 2013
Sold by
Guzman Jose J and Guzman Maria
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 21, 1998
Sold by
Chicola Lois Lillian
Bought by
Guzman Jose J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

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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
Salinas Hector $185,000 Fidelity National Title
Ciraulo Peter -- First American
Federal National Mortgage Association -- None Available
Guzman Jose J $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salinas Hector $163,500
Closed Salinas Hector $6,785
Closed Salinas Hector $181,649
Previous Owner Guzman Jose J $140,000
Previous Owner Guzman Jose J $30,000
Previous Owner Guzman Jose J $65,000
Previous Owner Guzman Jose J $20,000
Previous Owner Guzman Jose J $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $185,000 +2.8% $135 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $179,900 +267.1% $131 / Sq Ft
09/29/2014 09/29/14 Sold $49,000 -10.7% $50 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $54,900 -- $56 / 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 $7,247 $24,000 $3,540 $20,460
2023 $5,098 $24,000 $3,540 $20,460
2022 $5,098 $15,237 $3,052 $12,185
2021 $4,998 $15,235 $3,051 $12,184
2020 $5,215 $15,235 $3,051 $12,184
2019 $6,496 $17,560 $2,807 $14,753
2018 $7,807 $17,560 $2,807 $14,753
2017 $7,796 $17,560 $2,807 $14,753
2016 $5,416 $11,468 $2,441 $9,027
2015 $5,249 $11,468 $2,441 $9,027
2014 $3,986 $11,468 $2,441 $9,027
2013 -- $13,376 $2,441 $10,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08895486

Midwest Real Estate Data (MRED)

APN: 18-13-227-020-0000