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7644 West 62nd Street

7644 West 62nd Street, Summit Argo, IL 60501
Property in Summit
Sold Nov 06, 2015
$135,000
$121,500 by The Federal Savings Bank
Mortgage Due Nov 01, 2045
Sold Oct 30, 1998
$101,000
$90,900 by Prism Mtg Company
Mortgage Due Nov 01, 2028
7644 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 1961 and is 63 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7644 West 62nd Street has 1,272 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 3,750 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 detached garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. 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 air conditioning at the moment. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7644 West 62nd Street was last sold in Oct 28, 2015 for $135,000. According to our calculations, that's $106.13 per sqft. Prior to that sales transaction, the property was sold for $101,000 in Sep 24, 1998. Current property owners are expected to pay $5,121 in taxes per year. The property on 7644 West 62nd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $22,000. To break that down further, the land itself was valued at $2,719. While improvements to the property were assessed at a total of $19,281. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,750
  • Total Building Area: 1,272
  • Gross Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARGO THIRD ADD TO SUMMIT
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ARGO)(THIRD) ADD TO (SUMMIT) SEC 13-38-12

Ownership

  • Current Owner : PELAYO JUAN
  • Previous Owner : DELGADO MIGUEL F
  • Previous Owner 2: DELGADO MYRIAM DIAZ
  • Owner Before Previous Owner: LUNA JORGE
  • Owner Before Previous Owner 2: LUMA IRMA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

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

Geography

  • District: 21
  • Parcel: 18-13-308-028-0000
  • Block: 20
  • Lot: 28
  • Meridian: SEC 13 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.7792
  • Longitude: -87.8123

    Address

  • Full Address: 7644 W 62nd St
  • Address - House Number: 7644
  • Street Direction: W
  • Address - Street Name: 62nd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Summit Argo
  • Carrier Code: C004
  • 4-Digit Zip Code: 1604
  • Zip Code: 60501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,121
  • Tax Rate Code Area: 21038

    Appraisal Valuation

  • Standard Deviation: 0.248
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 278,120
  • High Value: 347,121
  • Low Value: 209,119

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,500
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Nov 06, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $121,500
  • 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: Nov 01, 2045

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $27,190
  • Market Improvement Value: $192,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $2,719
  • Assessed Improvements Value: $19,281

    Sales

  • Current Sale Contract Date: Oct 28, 2015
  • Current Sale Recording Date: Nov 06, 2015
  • Current Sale Transaction ID: 1349626457
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1531019042
  • Previous Sale Recording Date: Oct 30, 1998
  • Previous Sale Contract Date: Sep 24, 1998
  • Previous Sale Amount: $101,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Nov 06, 2015
  • First Mortgage Loan Amount: $121,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PRISM MTG COMPANY
  • Previous Mortgage Transaction Date: Oct 30, 1998
  • Previous Mortgage Loan Amount: $90,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2028

About Summit



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Unit for rent at 6754 S 78th Avenue, Bridgeview, IL, 60455

$2,900 /mo

  • 4 Beds
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6754 S 78th Avenue, Bridgeview, IL, 60455 Listing by Francesca Markos

Frequently Asked Questions

What neighborhood is 7644 West 62nd Street located in?
The 7644 West 62nd Street is a located in the neighborhood of Summit in Summit, Summit Argo.
What is the average sales price for listings in 7644 West 62nd Street?
The average sales price for units in 7644 West 62nd Street is $0 currently.

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