1220 Tralee Ln Lockport, IL 60441
Estimated Value: $518,890 - $541,000
4
Beds
3.5
Baths
2,835
Sq Ft
$187/Sq Ft
Est. Value
Highlights
- Recreation Room
- Cul-De-Sac
- Living Room
- Ludwig Elementary School Rated 9+
- 3 Car Attached Garage
- Laundry Room
About This Home
As of June 2023Privacy galore in this open floor plan home on a nearly one-acre lot at the end of a cul-de-sac! With four huge bedrooms plus 2 flex rooms in the beautifully finished basement, this house is completely move in ready. Primary bedroom with 2 big walk-in closets, en suite with a sky light & a loft area currently used as an office. Patio doors & tall windows allow for unobstructed views of the tree lined backyard from so many rooms. Spacious deck & above ground pool in a massive fenced in yard are ready for all your entertaining events!
Last Agent to Sell the Property
Kelly Floss
Baird & Warner License #475198108 Listed on: 03/16/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,938
Year Built
- Built in 1998
Lot Details
- Cul-De-Sac
Parking
- 3 Car Attached Garage
- Parking Space is Owned
Interior Spaces
- 2,835 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- Living Room
- Dining Room
- Recreation Room
- Loft
- Play Room
- Carpet
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Schools
- Ludwig Elementary Middle School
- Lockport Township High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2023
Closed on
Jun 23, 2023
Sold by
Marek Jason C and Marek Ericka M
Bought by
Zak Derek and Zak Kristy
Seller's Agent
Kelly Floss
Baird & Warner
List Price
$485,000
Sold Price
$490,000
Premium/Discount to List
$5,000
1.03%
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,473
Avg. Annual Appreciation
3.61%
Original Mortgage
$392,000
Outstanding Balance
$384,386
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$141,240
Purchase Details
Closed on
Sep 11, 2019
Sold by
Locke David and Locke Patricia
Bought by
Marek Jason C and Marek Ericka M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 24, 2010
Sold by
Burchett Phillip W and Burchett Lesley A
Bought by
Locke David and Locke Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
5.13%
Mortgage Type
Credit Line Revolving
Similar Homes in Lockport, IL
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zak Derek | $490,000 | None Listed On Document | |
| Marek Jason C | $375,000 | First American Title | |
| Locke David | $315,000 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zak Derek | $392,000 | |
| Previous Owner | Marek Jason C | $358,454 | |
| Previous Owner | Marek Jason C | $356,250 | |
| Previous Owner | Locke Patricia | $255,000 | |
| Previous Owner | Locke David A | $258,750 | |
| Previous Owner | Locke Patricia | $31,500 | |
| Previous Owner | Locke David | $252,000 | |
| Previous Owner | Burchett Phillip W | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2023 06/26/23 | Sold | $490,000 | +1.0% | $173 / Sq Ft |
| 05/09/2023 05/09/23 | Pending | -- | -- | -- |
| 05/03/2023 05/03/23 | For Sale | $485,000 | 0.0% | $171 / Sq Ft |
| 03/24/2023 03/24/23 | Pending | -- | -- | -- |
| 03/16/2023 03/16/23 | For Sale | $485,000 | -- | $171 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $12,898 | $146,564 | $27,281 | $119,283 |
| 2022 | $11,609 | $138,070 | $25,700 | $112,370 |
| 2021 | $10,938 | $129,753 | $24,152 | $105,601 |
| 2020 | $10,652 | $125,487 | $23,358 | $102,129 |
| 2019 | $10,058 | $118,945 | $22,140 | $96,805 |
| 2018 | $10,288 | $118,945 | $22,140 | $96,805 |
| 2017 | $9,827 | $112,287 | $20,901 | $91,386 |
| 2016 | $9,323 | $105,237 | $19,589 | $85,648 |
| 2015 | $8,482 | $100,130 | $18,638 | $81,492 |
| 2014 | $8,482 | $95,361 | $17,750 | $77,611 |
| 2013 | $8,482 | $95,361 | $17,750 | $77,611 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Kelly Floss
Baird Warner
(630) 209-4876
-
Nicole Chidley
Seller Co-Listing Agent in 2023
Nicole Chidley
Baird Warner
(815) 260-4595
1 in this area
5 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11738383
APN: 04-13-201-036
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