NOT LISTED FOR SALE

7638 W 63rd Place Summit Argo, IL 60501

Estimated Value: $192,000 - $270,000

2 Beds
1 Bath
838 Sq Ft
$278/Sq Ft Est. Value

Last Sold October 24, 2016

Last sale price $30,000 $36 Per Sq Ft

Est. 677% increase in value since last sale

Current estimated payment $1,640/month

10 Days on Market

Highlights

  • Main Floor Bedroom
  • Cottage
  • Fenced Yard
  • Argo Community High School Rated A-
  • Walk-In Pantry
  • Detached Garage

About This Home

As of October 2016

Attention rehabbers and investors. Nice 2 Bdrm., with dining room, full basement, newer 2 car garage. needs work but with a little sweat equity this will be a nice rental or flip. Must be sold "AS-IS" CASH sale. Small escrow required from Village for code compliance.

Last Agent to Sell the Property

Michael Kaput

First United Realtors, Inc. License #471000295 Listed on: 09/10/2016

Last Buyer's Agent

Louis Kiessling

City Life Realty License #471017244

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,444

Year Built

  • 1919

Lot Details

  • Southern Exposure
  • Fenced Yard

Parking

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

Home Design

  • Cottage
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Rough-In Basement Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,444

Year Built

1919

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: Cottage
  • Type Detached: 1 Story
  • Estimated Year Built: 1919
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1919

Interior Features

  • Interior Property Features: 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 5
  • Living Room: Dimensions: 12X13, On Level: Main Level, Flooring: Carpet
  • Equipment: Sump Pump
  • Attic: Unfinished
  • Basement: Full
  • Basement: Partially Finished, Exterior Access, Bathroom Rough-In
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X12, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 09X10, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Enclosed Porch
  • Master Bedroom: Dimensions: 09X13, On Level: Main Level, Flooring: Other
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 07X14, On Level: Main Level, Flooring: Vinyl
  • Bedroom 2: Dimensions: 09X10, On Level: Main Level, Flooring: Other
  • Estimated Sq Ft: 838
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch
  • 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
  • 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: OTIS P GRAVES ELEMENTARY SCHOOL
  • Middle School: HERITAGE MIDDLE SCHOOL
  • High School: ARGO COMMUNITY HIGH SCHOOL
  • Junior High Dist: 104
  • Elementary School #2: DR DONALD WHARTON ELEMENTARY SCH

Lot Info

  • Lot Dimensions: 25 X 125 X 25 X 125
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 18241020490000

Tax Info

  • Taxes: 4815.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2016
Closed on
Oct 24, 2016
Sold by
Bush Ossie
Bought by
Paredes Ramiro
Seller's Agent
Michael Kaput
First United Realtors, Inc.
Buyer's Agent
Louis Kiessling
City Life Realty
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%
Current Estimated Value
$233,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,000
Avg. Annual Appreciation
25.04%

Purchase Details

Closed on
Dec 2, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Bush Ossie

Purchase Details

Closed on
Sep 24, 2009
Sold by
Barr Oliver and Bar Oliver
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 14, 2006
Sold by
Chester Lessie M
Bought by
Bar Oliver and Chester Lessie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2002
Sold by
Prairie Bank & Trust Company
Bought by
Chester Lessie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,512
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2000
Sold by
Brown Dorsey
Bought by
Prairie Bank & Trust Company and Trust #98-078

Purchase Details

Closed on
Apr 12, 1997
Sold by
Brown Dorsey
Bought by
Brown Dorsey and Brown Lillie
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
Paredes Ramiro $30,000 Old Republic Title
Bush Ossie $22,000 Premier Title
Deutsche Bank National Trust Company -- Premier Title
Bar Oliver -- Stewart Title Of Illinois
Chester Lessie M $55,000 --
Prairie Bank & Trust Company -- --
Brown Dorsey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bar Oliver $136,000
Previous Owner Barr Oliver $34,000
Previous Owner Chester Lessie M $15,000
Previous Owner Chester Lessie M $54,512
Previous Owner Brown Dorsey $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2016 10/24/16 Sold $30,000 -14.0% $36 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
09/10/2016 09/10/16 For Sale $34,900 -- $42 / 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 $4,444 $16,000 $2,266 $13,734
2023 $2,383 $16,000 $2,266 $13,734
2022 $2,383 $8,943 $1,953 $6,990
2021 $2,357 $8,943 $1,953 $6,990
2020 $2,511 $8,943 $1,953 $6,990
2019 $4,607 $13,450 $1,796 $11,654
2018 $4,453 $13,450 $1,796 $11,654
2017 $5,972 $13,450 $1,796 $11,654
2016 $4,968 $10,520 $1,562 $8,958
2015 $4,815 $10,520 $1,562 $8,958
2014 $4,712 $10,520 $1,562 $8,958
2013 $5,336 $13,266 $1,562 $11,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09339444

Midwest Real Estate Data (MRED)

APN: 18-24-102-049-0000