NOT LISTED FOR SALE

7653 W 62nd Place Summit Argo, IL 60501

Summit Area

Estimated Value: $283,100 - $379,000

4 Beds
2 Baths
1,078 Sq Ft
$315/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2019

Last sale price $243,000 $225 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,361 / mo

12 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Detached Garage
  • Two Heating Systems
  • Argo Community High School Rated A-
  • Bungalow
  • Multiple Water Heaters

About This Home

As of August 2019

A TO Z TREATMENT...THAT'S WHAT WENT INTO THOROUGH REMODELING OF THIS 2 FLAT JUST WAITING FOR YOU TO MOVE IN & START ENJOYING IT AND/OR COLLECTING INCOME FROM IT. INSIDE FIND TWO SPACIOUS 2-BEDROOM UNITS, NEW KITCHENS, BATHROOMS, WALLS, DOORS, WINDOWS, CARPETING, FLOORING & CENTRAL AIR UNITS. (FURNACES ARE AROUND 2007 & 2009, ROOF 5 YEARS OLD) IN-UNIT LAUNDRY HOOK UPS SET UP IN EACH UNIT. UNFINISHED ATTIC PROVIDES PLENTY OF AREA FOR STORAGE. OVERSIZED 2.5 CAR GARAGE (WITH SINGLE GARAGE DOOR OFF THE ALLEY) GREAT LOCATION NEARBY PUBLIC LIBRARY, RESTAURANTS & EASY ACCESS TO EXPRESSWAYS. EASY TO BUY & TO SEE SO SCHEDULE YOUR PRIVATE VIEWING TODAY!

Last Agent to Sell the Property

Thomas Domasik

RE/MAX 10 in the Park License #475129362 Listed on: 06/07/2019

RE/MAX 10 in the Park

Last Buyer's Agent

Margaret Heckendorn

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,973

Year Built

  • Built in 1914 | Remodeled in 2019

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x116
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Bungalow
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Multiple Water Heaters

Community Details

  • 2 Units
  • 2 Flat

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,973

Year Built

Built in 1914 | Remodeled in 2019

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Rebuilt Year: 2019
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Multiple Water Heaters
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X116
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4973.4
  • Tax Year: 2017
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Aug 8, 2019
Sold by
Bought by
Seller's Agent
Thomas Domasik
RE/MAX 10 in the Park
Buyer's Agent
Margaret Heckendorn
RE/MAX Professionals
List Price
$249,873
Sold Price
$243,000
Premium/Discount to List
-$6,873
-2.75%
Current Estimated Value
$339,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,775
Avg. Annual Appreciation
4.96%
Original Mortgage
$251,019
Interest Rate
0.0437%
Mortgage Type
VA

Purchase Details

Listed on
Apr 26, 2018
Closed on
Oct 9, 2018
Sold by
Bought by
Seller's Agent
Coya Smith
RE/MAX Premier
Buyer's Agent
Ayman Mryan
ARNI Realty Incorporated
List Price
$109,900
Sold Price
$77,900
Premium/Discount to List
-$32,000
-29.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
300.43%

Purchase Details

Closed on
Nov 21, 2017
Sold by
Bought by

Purchase Details

Closed on
Jul 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
0.061%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
0.0711%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 1996
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$243,000 Old Republic Title
$78,000 Old Republic Title
-- None Available
-- Synergy Title Services Llc
-- Ticor Title Insurance
$78,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $251,019
Previous Owner $79,000
Previous Owner $70,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2019 08/08/19 Sold $243,000 -2.8% $225 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $249,873 +220.8% $232 / Sq Ft
10/12/2018 10/12/18 Sold $77,900 0.0% $72 / Sq Ft View Prior Sale
09/17/2018 09/17/18 Pending -- -- --
08/02/2018 08/02/18 Price Changed $77,900 -11.0% $72 / Sq Ft
07/05/2018 07/05/18 Price Changed $87,500 -2.7% $81 / Sq Ft
06/21/2018 06/21/18 Price Changed $89,900 -5.3% $83 / Sq Ft
06/07/2018 06/07/18 Price Changed $94,900 -5.0% $88 / Sq Ft
05/24/2018 05/24/18 Price Changed $99,900 -9.1% $93 / Sq Ft
04/26/2018 04/26/18 For Sale $109,900 -- $102 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,306 $18,000 $2,545 $15,455
2024 $6,306 $18,000 $2,545 $15,455
2023 $6,473 $18,000 $2,545 $15,455
2022 $6,473 $15,006 $2,194 $12,812
2021 $6,300 $15,004 $2,193 $12,811
2020 $6,450 $15,004 $2,193 $12,811
2019 $6,702 $14,577 $2,018 $12,559
2018 $4,954 $14,577 $2,018 $12,559
2017 $4,973 $14,577 $2,018 $12,559
2016 $5,153 $13,408 $1,755 $11,653
2015 $4,936 $13,408 $1,755 $11,653
2014 $4,855 $13,408 $1,755 $11,653
2013 $4,789 $14,535 $1,755 $12,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10409028

Midwest Real Estate Data (MRED)

APN: 18-13-312-012-0000

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