NOT LISTED FOR SALE

7616 W 63rd Place Summit Argo, IL 60501

Estimated Value: $224,000 - $269,943

3 Beds
1.5 Baths
1,040 Sq Ft
$240/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $185,000 $178 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,555/month

29 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Laundry Room
  • Argo Community High School Rated A-
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

***THIS HOME WONT LAST***RARE ALL BRICK QUAD LEVEL*** one of the newer homes compared to most homes in Summit....Nice size home with original hardwood floors, living room-dining area combo, nice workable kitchen all on main level....3 bedrooms, hallway full bath on upper level...Spacious family room with 1/2 bath on lower level...Unfinished basement to do as you wish....Detached 2 car garage with overhang for those rainy days to entertain...Property centrally located to everything, Route 171 block away...........Seller makes no representations or warranties as to property condition....No repairs, modifications or payments will be done before closing.....No one to occupy property before closing. Come see today. Choose FHA financing and qualify for $100.00 down payment program..........Property is owned by the US Dept. of Housing & Urban Development.....Case #137-097950....Insured Status: IE, subject to appraisal, property eligible for FHA 203k and 203b with repair escrow...Disclosures, lead base paint, property condition report is on HUD's website under the addendum's tab...Seller may contribute up to 3% for buyer's closing costs, upon buyer request.

Last Agent to Sell the Property

Dave Kunovski

Kuno Real Estate License #471009849 Listed on: 02/07/2023

Last Buyer's Agent

Patricia Paulido

Baird & Warner License #475146893

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,829

Year Built

  • Built in 1968

Lot Details

  • 3,136

Parking

  • 2 Car Detached Garage
  • Alley Access
  • Additional Parking
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Quad-Level Property
  • Brick Exterior Construction

Interior Spaces

  • 1,040 Sq Ft Home
  • Living Room
  • Family or Dining Combination
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Sink Near Laundry

Schools

  • Argo Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,829

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Quad Level
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Dining Combo
  • LivingArea: 1040
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Unassigned, Off Alley, Off Street, Additional Parking, Alley Access
  • ParkingTotal: 1
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Argo Community High School

Lot Info

  • Lot Dimensions: 3125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5828.53
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
May 1, 2023
Sold by
United States Department Of Housing And
Bought by
Zavala Salvador
Seller's Agent
Dave Kunovski
Kuno Real Estate
Buyer's Agent
Patricia Paulido
Baird & Warner
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Views
271
Current Estimated Value
$249,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,986
Avg. Annual Appreciation
11.94%
Original Mortgage
$179,450
Outstanding Balance
$174,177
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$75,809

Purchase Details

Closed on
Jan 4, 2023
Sold by
Financial Freedom Senior Funding Corpora
Bought by
Secretary Of Housing And Urban Development
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zavala Salvador -- Alliance Title
Secretary Of Housing And Urban Development $194,142 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zavala Salvador $179,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2023 05/03/23 Sold $185,000 +5.7% $178 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $175,000 0.0% $168 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $175,000 -- $168 / 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
2025 $7,708 $22,000 $2,266 $19,734
2024 $7,708 $22,000 $2,266 $19,734
2023 $5,989 $22,000 $2,266 $19,734
2022 $5,989 $13,883 $1,953 $11,930
2021 $5,829 $13,882 $1,953 $11,929
2020 $5,967 $13,882 $1,953 $11,929
2019 $4,099 $15,088 $1,796 $13,292
2018 $6,708 $15,088 $1,796 $13,292
2017 $0 $15,088 $1,796 $13,292
2016 $964 $13,982 $1,562 $12,420
2015 $981 $13,982 $1,562 $12,420
2014 $940 $13,982 $1,562 $12,420
2013 $864 $16,450 $1,562 $14,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11714199

Midwest Real Estate Data (MRED)

APN: 18-24-102-057-0000