NOT LISTED FOR SALE

7616 W 61st St Summit Argo, IL 60501

Estimated Value: $247,180 - $281,000

3 Beds
1 Bath
950 Sq Ft
$283/Sq Ft Est. Value

Last Sold February 06, 2019

Last sale price $120,000 $126 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,934/month

151 Days on Market

Highlights

  • Cape Cod Architecture
  • Argo Community High School Rated A-
  • Detached Garage

About This Home

As of February 2019

nice 3 bedroom house, hard wood floors,large eat in kitchen, 2 bedroom in the 1st floor and one in the attic, 2 car garage, large back yard, real state taxed do not reflect home owner occupied discount.

Last Agent to Sell the Property

Jose Campoverde

Chicagoland Brokers, Inc. License #475130449 Listed on: 07/09/2018

Chicagoland Brokers, Inc.

Last Buyer's Agent

Rommel Bernal

Real People Realty License #475181395

Real People Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,098

Year Built

  • 1924

Lot Details

  • 3,485

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,098

Year Built

1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Cape Cod
  • Type Detached: 1 Story
  • Estimated Year Built: 1924
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 14X18, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 16X15, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X14, On Level: Main Level
  • Bedroom 2: Dimensions: 12X13, On Level: Main Level
  • Bedroom 3: Dimensions: 10X14, On Level: 2nd Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 950

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.0861

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 217
  • Junior High Dist: 104

Lot Info

  • Lot Dimensions: 27X125
  • Parcel Identification Number: 18133050240000

Tax Info

  • Taxes: 6077.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2019
Sold by
All Imperial Properties
Bought by
Hernandez Osvaldo
Total Days on Market
151
Current Estimated Value
$268,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Outstanding Balance
$98,438
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$170,357

Purchase Details

Listed on
Jul 9, 2018
Closed on
Jan 16, 2019
Sold by
Mora Eberto and Mora Otilia
Bought by
All Imperial Properties Llc
Seller's Agent
Jose Campoverde
Chicagoland Brokers, Inc.
Buyer's Agent
Rommel Bernal
Real People Realty
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.59%
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 6, 1995
Sold by
Ayala Servando and Ayala Cecilia
Bought by
Mora Eberto and Mora Otilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
9.13%
Source: Public Records

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Range of Values:

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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
Hernandez Osvaldo -- North American Title
All Imperial Properties Llc $120,000 Chicago Title Insu Co
Mora Eberto $90,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Osvaldo $108,300
Previous Owner All Imperial Properties Llc $100,000
Previous Owner Mora Otilia $36,000
Previous Owner Mora Eberto $95,035
Previous Owner Mora Eberto $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2019 02/06/19 Sold $120,000 -4.0% $126 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $125,000 -- $132 / 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 $5,098 $18,000 $2,719 $15,281
2023 $5,098 $18,000 $2,719 $15,281
2022 $5,098 $15,239 $2,344 $12,895
2021 $4,999 $15,237 $2,343 $12,894
2020 $5,216 $15,237 $2,343 $12,894
2019 $5,873 $16,203 $2,156 $14,047
2018 $5,677 $16,203 $2,156 $14,047
2017 $5,695 $16,203 $2,156 $14,047
2016 $6,077 $15,365 $1,875 $13,490
2015 $5,832 $15,365 $1,875 $13,490
2014 $5,732 $15,365 $1,875 $13,490
2013 $3,404 $11,093 $1,875 $9,218
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10010723

Midwest Real Estate Data (MRED)

APN: 18-13-305-024-0000