NOT LISTED FOR SALE

1053 E 7th St Lockport, IL 60441

Estimated Value: $281,925 - $305,000

3 Beds
1 Bath
1,100 Sq Ft
$265/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $263,500 $240 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,974/month

29 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Shed
  • Milne Grove Elementary School Rated 9+
  • Brick Porch or Patio
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Looking for a place to call your own in Lockport!!! Here you will find the perfect balance of comfort and convenience in this lovely 3-bedroom, 1-bathroom residence. This charming home creates a cozy and inviting atmosphere. Enter a thoughtfully crafted layout that maximizes every corner, including a welcoming living room perfect for unwinding after a long day. The practical kitchen is fully equipped with essentials, making meal prep a simple task. Each of the three bedrooms is generously sized, providing comfortable living spaces that allow for your personal touches and bring your creativity to life - whether you need an office, a guest room, or a creative haven. The bathroom is well-kept, featuring all necessary fixtures and a clean, simple design. It gets better and has a full basement for all your storage needs or extra hobbies. Outside, the property includes a 1-car attached heated garage for additional storage or shelter for your vehicle. Backyard has a brick patio for your sizzling summer BBQs or cozying up by a fire! Along with a manageable yard for outdoor activities and easy maintenance.

Last Agent to Sell the Property

Stephanie Pardy

Town Center Realty LLC License #475201353 Listed on: 06/01/2024

Last Buyer's Agent

Allen Walsh

Real People Realty License #475134801

Real People Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,308

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 70x134

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Brick Porch or Patio
  • Shed

Utilities

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

Community Details

  • Kelvin Grove Subdivision, Ranch Floorplan

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,308

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Kelvin Grove
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1100
  • 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
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Brick Paver Patio
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 70X134
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 5308
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Jul 25, 2024
Sold by
Gell Guy R
Bought by
Lerner Timothy M and Lerner Melissa H
Seller's Agent
Stephanie Pardy
Town Center Realty LLC
Buyer's Agent
Allen Walsh
Real People Realty
List Price
$262,500
Sold Price
$263,500
Premium/Discount to List
$1,000
0.38%
Views
111
Current Estimated Value
$291,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,231
Avg. Annual Appreciation
7.32%
Original Mortgage
$258,726
Outstanding Balance
$255,730
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$36,001
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lerner Timothy M $263,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lerner Timothy M $258,726
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2024 07/29/24 Sold $263,500 +0.4% $240 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $262,500 -0.4% $239 / Sq Ft
06/17/2024 06/17/24 Off Market $263,500 -- --
06/17/2024 06/17/24 For Sale $262,500 0.0% $239 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $262,500 -- $239 / 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 $5,393 $78,812 $23,568 $55,244
2023 $5,393 $70,753 $21,158 $49,595
2022 $5,017 $68,655 $19,736 $48,919
2021 $4,988 $64,519 $18,547 $45,972
2020 $4,838 $62,397 $17,937 $44,460
2019 $4,559 $59,144 $17,002 $42,142
2018 $4,290 $55,218 $15,873 $39,345
2017 $4,087 $52,126 $14,984 $37,142
2016 $4,205 $52,251 $15,020 $37,231
2015 $4,081 $49,715 $14,291 $35,424
2014 $4,081 $48,267 $13,875 $34,392
2013 $4,081 $49,252 $14,158 $35,094
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12072111

Midwest Real Estate Data (MRED)

APN: 11-04-24-301-013