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7222 West 62nd Street

7222 West 62nd Street, Summit Argo, IL 60501
Property in Summit
7222 West 62nd Street has been categorized by the local assessors in Summit Argo, IL as a residential type of property. The building on the property was first built in 1958 and is 66 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7222 West 62nd Street has 1,574 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,936 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7222 West 62nd Street sold most recently in Nov 8, 2016 for a total of $220,000. If you work out the math, that's approximately a cost of $139.77 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,875 in taxes each year. 7222 West 62nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $27,000. If we break it down further, the land itself was valued at $8,654. Improvements to the property, however, were assessed at a total of $18,346. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210904
09/04/2021
5 Bed
-
-
$299,000
bedrooms
5 Bed
bathrooms
-
-
-
-
Daniel Venegas
Baird & Warner

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,936
  • Total Building Area: 1,574
  • Gross Building Area: 1,574
  • Building Area: 1,574
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,574
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BARTLETTS ARGO
  • Land Acres: 0.274
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FREDERICK H (BARTLETTS)(ARGO) PARK SUB SEC 13-38-12

Ownership

  • Current Owner : LOPEZ JUVENTINO H
  • Current Owner 2: LOPEZ MARIA G
  • Previous Owner : KRISTIE JOSEPH EDWARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Argo Community High School District 217
  • Census Tract: 820400

Geography

  • District: 21
  • Parcel: 18-13-418-015-0000
  • Lot: 129
  • Meridian: SEC 13 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.7802
  • Longitude: -87.8019

    Address

  • Full Address: 7222 W 61st Pl
  • Address - House Number: 7222
  • Street Direction: W
  • Address - Street Name: 61st
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Summit Argo
  • Carrier Code: C005
  • 4-Digit Zip Code: 1624
  • Zip Code: 60501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,875
  • Tax Rate Code Area: 21038

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 312,160
  • High Value: 384,695
  • Low Value: 239,625

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 21, 2016
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $198,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2046

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $86,540
  • Market Improvement Value: $183,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $8,654
  • Assessed Improvements Value: $18,346

    Sales

  • Current Sale Contract Date: Nov 08, 2016
  • Current Sale Recording Date: Nov 21, 2016
  • Current Sale Transaction ID: 1870738130
  • Current Sale Price: $220,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1632610022

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 21, 2016
  • First Mortgage Loan Amount: $198,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2046

    Financing

  • First Mortgage Financing Type: Unknown

About Summit



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Frequently Asked Questions

What neighborhood is 7222 West 62nd Street located in?
The 7222 West 62nd Street is a located in the neighborhood of Summit in Summit, Summit Argo.
What is the average sales price for listings in 7222 West 62nd Street?
The average sales price for units in 7222 West 62nd Street is $0 currently.

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