NOT LISTED FOR SALE

1106 Michael St Lockport, IL 60441

Estimated Value: $373,000 - $408,000

4 Beds
2 Baths
1,200 Sq Ft
$321/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $194,700 $162 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,847/month

60 Days on Market

Highlights

  • Attached Garage
  • Milne Grove Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2016

Wonderful opportunity to own in Regency Point of Lockport! Great split level home with 3 bedrooms on second floor and a 4th bedroom with a full bath on the lower level. Wood laminate floors on main level with large living room & dining area open to spacious kitchen with generous cabinet space. Huge lower level family room. Plus sub-basement with great storage. Attached 2 car garage & more!

Last Agent to Sell the Property

Sue Vidmar

Berkshire Hathaway HomeServices Elite Realtors Listed on: 04/07/2016

Berkshire Hathaway HomeServices Elite Realtors

Last Buyer's Agent

Carol Otto

Realty Executives Ambassador License #475094751

Realty Executives Ambassador

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,535

Year Built

  • 1989

Lot Details

  • 9,583

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Frame Construction

Unfinished Basement

  • Partial Basement

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,535

Year Built

1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Interstate Access
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 1989
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 20X11, On Level: Main Level
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 11X9, On Level: Main Level
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X13, On Level: 2nd Level
  • Bedroom 2: Dimensions: 11X11, On Level: 2nd Level
  • Bedroom 3: Dimensions: 11X13, On Level: 2nd Level
  • Bedroom 4: Dimensions: 19X11, On Level: Lower
  • Estimated Sq Ft: 1200
  • Family Room: Dimensions: 25X15, On Level: Lower

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame
  • Acreage: 0.22

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 205
  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: 90X106
  • Parcel Identification Number: 1104242040080000

Tax Info

  • Taxes: 6452.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
Jul 11, 2016
Sold by
Us Bank National Association
Bought by
Poulsen Kirk C and Belseth Kaithlyn E
Seller's Agent
Sue Vidmar
Berkshire Hathaway HomeServices Elite Realtors
Buyer's Agent
Carol Otto
Realty Executives Ambassador
List Price
$209,900
Sold Price
$194,700
Premium/Discount to List
-$15,200
-7.24%
Current Estimated Value
$385,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,831
Avg. Annual Appreciation
7.71%
Original Mortgage
$155,760
Outstanding Balance
$124,504
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$261,027

Purchase Details

Closed on
Jun 4, 2015
Sold by
Guerrero Victor E and Guerrero Monica
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 19, 2015
Sold by
Guerrero Victor E and Guerrero Monica
Bought by
U S Bank National Association

Purchase Details

Closed on
May 15, 2012
Sold by
Guerrero Monica
Bought by
Guerrero Victor E

Purchase Details

Closed on
Dec 4, 2006
Sold by
Guerrero Victor E
Bought by
Guerrero Victor E and Guerrero Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,400
Interest Rate
7.4%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 14, 2005
Sold by
Leinen Bruce C and Leinen Gloria C
Bought by
Guerrero Victor E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
8.87%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Poulsen Kirk C $194,700 Allodial Title
U S Bank National Association -- Attorney
U S Bank National Association $190,000 None Available
Guerrero Victor E -- None Available
Guerrero Victor E -- Lawyers
Guerrero Victor E $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poulsen Kirk C $155,760
Previous Owner Guerrero Victor E $241,400
Previous Owner Guerrero Victor E $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2016 07/27/16 Sold $194,700 -2.6% $162 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
06/02/2016 06/02/16 Price Changed $199,900 -4.8% $167 / Sq Ft
04/07/2016 04/07/16 For Sale $209,900 -- $175 / 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 $9,535 $119,064 $31,524 $87,540
2023 $9,535 $106,890 $28,301 $78,589
2022 $8,718 $100,695 $26,661 $74,034
2021 $8,261 $94,629 $25,055 $69,574
2020 $8,050 $91,517 $24,231 $67,286
2019 $7,647 $86,746 $22,968 $63,778
2018 $7,510 $83,410 $22,085 $61,325
2017 $7,229 $78,741 $20,849 $57,892
2016 $7,523 $73,797 $19,540 $54,257
2015 $6,452 $68,170 $18,050 $50,120
2014 $6,452 $64,923 $17,190 $47,733
2013 $6,452 $66,248 $17,541 $48,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09190579

Midwest Real Estate Data (MRED)

APN: 11-04-24-204-008