NOT LISTED FOR SALE

1316 Tralee Ln Lockport, IL 60441

Estimated Value: $462,420 - $540,000

4 Beds
4 Baths
2,103 Sq Ft
$239/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $390,000 $185 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,622/month

55 Days on Market

Highlights

  • Spa
  • Recreation Room
  • Wood Flooring
  • Ludwig Elementary School Rated 10
  • Vaulted Ceiling
  • 3-minute walk to Hawthorne Preserve Park

About This Home

As of February 2020

Come check out this beautifully updated open floor plan home with plenty of living and storage space. Home features custom flooring and ceilings, 2 lofts, Bar/Rec Room for entertaining, a Three Season sitting area, New Outdoor Fireplace, Hot Tub in the backyard, and professional landscaping. What more can you ask for ? It is like have a mini getaway right in your own home. Schedule a showing now, you will be wow-ed! With shopping near by, trails and parks you will never want to leave. The outdoors space is made with entertainment in mind. Enjoy the beauty of this custom home

Last Agent to Sell the Property

Richard Harnik

First Midwest Realty LLC License #475156601 Listed on: 11/05/2019

Last Buyer's Agent

Lynn Bialy

Village Realty, Inc. License #475134130

Village Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,519

Year Built | Renovated

  • 1999 | 2016

Lot Details

  • 0.26

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Step Ranch
  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wet Bar
  • Vaulted Ceiling
  • Sitting Room
  • Recreation Room
  • Loft
  • Sun or Florida Room
  • Lower Floor Utility Room
  • Storage Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Spa
  • Brick Porch or Patio
  • Fire Pit

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,519

Year Built | Renovated

1999 | 2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Interstate Access
  • Recent Rehab: Yes
  • Age: 21-25 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Step Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999
  • Year Renovated: 2016

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, Wood Laminate Floors
  • Number Of Rooms: 12
  • Living Room: Dimensions: 12X18, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Central Vacuum, Sump Pump, Sprinkler-Lawn
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 9X10, On Level: Basement, Flooring: Wood Laminate
  • Dining Room: Dimensions: 13X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 13X30, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Rooms: Sitting Room, Loft, Recreation Room, Utility Room-Lower Level, Storage, Sun/Florida Room, Loft, Storage
  • Master Bedroom: Dimensions: 13X15, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Additional Room 1 Name: Sitting, Dimensions: 12X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Loft, Dimensions: 12X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X16, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Additional Room 3 Name: Recreation Rm, Dimensions: 23X30, On Level: Basement, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 11X16, On Level: Basement, Flooring: Carpet
  • Additional Room 4 Name: Utility Room-Lower Level, Dimensions: 9X10, On Level: Basement, Flooring: Other
  • Bedroom 4: Dimensions: 13X14, On Level: Basement, Flooring: Carpet
  • Additional Room 5 Name: Storage, Dimensions: 18X19, On Level: Basement, Flooring: Other
  • Additional Room 6 Name: Sunroom, Dimensions: 11X12, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Room 7 Name: Bar, Dimensions: 23X30, On Level: Basement, Flooring: Wood Laminate
  • Additional Room 8 Name: Loft, Dimensions: 7X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 9 Name: Storage, Dimensions: 8X16, On Level: Basement, Flooring: Other
  • Estimated Sq Ft: 2103
  • Family Room: Dimensions: 13X21, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Exterior Property Features: Hot Tub, Brick Paver Patio, Fire Pit
  • Acreage: 0.26

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 4186

Schools

  • School District: 205
  • Junior High Dist: 92

Lot Info

  • Lot Dimensions: 77X146
  • Parcel Identification Number: 1104132180050000

Tax Info

  • Taxes: 9576.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Feb 7, 2020
Sold by
Harnik Stanislaw and Harnik Halina
Bought by
Loresch Richard A and Loresch Anna
Seller's Agent
Richard Harnik
First Midwest Realty LLC
Buyer's Agent
Lynn Bialy
Village Realty, Inc.
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%
Current Estimated Value
$502,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,105
Avg. Annual Appreciation
4.58%
Original Mortgage
$374,440
Outstanding Balance
$331,667
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$170,438

Purchase Details

Closed on
Apr 5, 2018
Sold by
Harnik Stanislaw and Harnik Halina
Bought by
Harnik Stanislaw and Harnik Halina

Purchase Details

Closed on
May 8, 2015
Sold by
Harnik Stanislaw and Harnir Halina
Bought by
Harnik Stanislaw and Harnik Halina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,100
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 19, 2005
Sold by
Vistine Donald J and Spellman Julie A
Bought by
Harnik Stanislaw and Harnik Halina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2003
Sold by
Salerno James E and Salerno Mary F
Bought by
Vistine Donald J and Spellman Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 1999
Sold by
Nlsb
Bought by
Salerno James E and Salerno Mary F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.72%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Loresch Richard A $390,000 Affinity Title Services Llc
Harnik Stanislaw -- Attorney
Harnik Stanislaw -- National Title Center Inc
Harnik Stanislaw $340,000 Multiple
Vistine Donald J $285,000 --
Salerno James E $210,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loresch Richard A $374,440
Previous Owner Harnik Stanislaw $226,100
Previous Owner Harnik Stanislaw $190,000
Previous Owner Vistine Donald J $210,000
Previous Owner Salerno James E $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $390,000 -1.3% $185 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
12/21/2019 12/21/19 For Sale $395,000 0.0% $188 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $395,000 -- $188 / 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 $11,519 $146,657 $30,388 $116,269
2023 $11,519 $131,661 $27,281 $104,380
2022 $10,375 $124,030 $25,700 $98,330
2021 $9,772 $116,559 $24,152 $92,407
2020 $9,515 $112,726 $23,358 $89,368
2019 $8,981 $106,849 $22,140 $84,709
2018 $9,576 $111,130 $22,140 $88,990
2017 $9,145 $104,909 $20,901 $84,008
2016 $8,674 $98,322 $19,589 $78,733
2015 $8,117 $93,550 $18,638 $74,912
2014 $8,117 $89,095 $17,750 $71,345
2013 $8,117 $89,095 $17,750 $71,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10566810

Midwest Real Estate Data (MRED)

APN: 11-04-13-218-005