NOT LISTED FOR SALE

1429 S Hamilton St Lockport, IL 60441

Estimated Value: $306,248 - $361,000

4 Beds
2 Baths
-- Sq Ft
0.25 Acres

Last Sold August 16, 2019

Last sale price $227,000

Est. 48% increase in value since last sale

Current estimated payment $2,562/month

13 Days on Market

Highlights

  • Water Softener is Owned
  • 5-minute walk to Lockport Station
  • Multiple Water Heaters
  • Milne Grove Elementary School Rated A-

About This Home

As of August 2019

Live in the first floor and have rental income from the second or great investment property. Huge mostly fenced back yard and updates galore! New in 2016: Roof, A/C both units, water heaters, water softner, complete remodel of first floor unit. Washer and dryer in basement included in purchase! Cute back porch adds a 3 season room and plenty of space.Photos of 2nd floor unit are prior to tenant occupancy. Property is in very good shape however sold as is.

Last Agent to Sell the Property

Lillian Baldwin

Real Broker, LLC License #475137110 Listed on: 07/18/2019

Last Buyer's Agent

Christopher Knollin

Realty Executives Elite License #471019537

Realty Executives Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,903

Year Built

  • Built in 1900 | Remodeled in 2016

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60x160

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Rubber Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement
  • Sump Pump

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas
  • Multiple Water Heaters
  • Water Softener is Owned

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,903

Year Built

Built in 1900 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: Water-Softener Owned, Sump Pump, Multiple Water Heaters
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Range Hood,Hardwood Floors

Exterior Features

  • Foundation Details: Stone
  • List Price: 239900
  • Roof: Asphalt, Rubber
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 91

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 60X160
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5903.18
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Aug 15, 2019
Sold by
Baldwin Lillian Jo
Bought by
Pima Property Group Llc
Seller's Agent
Lillian Baldwin
Real Broker, LLC
Buyer's Agent
Christopher Knollin
Realty Executives Elite
List Price
$245,000
Sold Price
$227,000
Premium/Discount to List
-$18,000
-7.35%
Current Estimated Value
$335,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,540
Avg. Annual Appreciation
6.73%

Purchase Details

Closed on
Oct 24, 2016
Sold by
Flood Christopher
Bought by
Baldwin Lillian Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2016
Sold by
Tomczak Barbara and Flood Christopher
Bought by
Flood Christopher

Purchase Details

Closed on
Nov 15, 2011
Sold by
Teakwood Llc
Bought by
Tomczak Barbara and Flood Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,009,191
Interest Rate
3.25%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 7, 2009
Sold by
Tomczak Barbara A
Bought by
Teakwood Llc

Purchase Details

Closed on
May 10, 2000
Sold by
Hud
Bought by
Tomczak Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,040
Interest Rate
8.18%

Purchase Details

Closed on
Feb 17, 1999
Sold by
Sellers Kenneth C and Sellers Raeshele L
Bought by
Hud

Purchase Details

Closed on
May 12, 1994
Sold by
Varsek Phillip E and Varsek Carrie K
Bought by
Sellers Kenneth C and Sellers Raeshele L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,671
Interest Rate
8.08%
Mortgage Type
FHA
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
Pima Property Group Llc $227,000 First American Title
Baldwin Lillian Jo $180,000 Old Republic Title
Flood Christopher -- Old Republic Title
Tomczak Barbara -- Chicago Title Insurance Co
Teakwood Llc -- None Available
Tomczak Barbara -- Stewart Title Company
Hud -- Wheatland Title
Sellers Kenneth C $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baldwin Lillian J $22,450
Previous Owner Baldwin Lillian Jo $176,739
Previous Owner Baldwin Lillian Jo $176,739
Previous Owner Flood Christopher $912,073
Previous Owner Teakwood Llc 1429 S Hamilton $1,009,191
Previous Owner Teakwood Llc $183,000
Previous Owner Tomczak Barbara $81,971
Previous Owner Tomezak Barbara A $90,000
Previous Owner Tomczak Barbara $65,040
Previous Owner Sellers Kenneth C $123,671
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $227,000 -5.4% --
07/31/2019 07/31/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $239,900 -2.1% --
07/18/2019 07/18/19 For Sale $245,000 -- --
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
2023 $8,695 $90,924 $19,886 $71,038
2022 $7,727 $83,938 $18,550 $65,388
2021 $7,352 $78,882 $17,433 $61,449
2020 $7,235 $76,288 $16,860 $59,428
2019 $6,280 $72,311 $15,981 $56,330
2018 $6,485 $66,848 $14,774 $52,074
2017 $6,030 $60,679 $13,411 $47,268
2016 $5,706 $55,975 $12,372 $43,603
2015 $5,241 $49,775 $11,002 $38,773
2014 $5,241 $47,861 $10,579 $37,282
2013 $5,241 $48,838 $10,795 $38,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10455046

Midwest Real Estate Data (MRED)

APN: 04-23-330-010