NOT LISTED FOR SALE

1502 Summit Dr Lockport, IL 60441

Estimated Value: $309,000 - $327,368

3 Beds
2 Baths
1,809 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 21, 2015

Last sale price $152,000 $84 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,359/month

98 Days on Market

Highlights

  • Walk-In Pantry
  • Detached Garage
  • Breakfast Bar
  • Lockport Township High School East Rated A
  • Cul-De-Sac
  • Entrance Foyer

About This Home

As of December 2015

Tri-Level located at 1502 Summit in Lockport IL with 3 bedrooms, 2 baths, family room in the lower level and a over size 2 car garage. This unit has a partial brick and a nice sized lot. Inside we find an Updated kitchen with a walk in pantry and breakfast area. The is move in ready and has plenty of room. The home is a short sale and the owner is working with a experienced team so make your offer with confidence.

Last Agent to Sell the Property

Eddie Ruettiger

Exit Real Estate Specialists License #471022127 Listed on: 12/07/2014

Last Buyer's Agent

Raymond Petric

RE/MAX Ultimate Professionals License #471009034

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,363

Lot Details

  • Cul-De-Sac
  • East or West Exposure

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Sub-Basement
  • Finished Basement Bathroom

Utilities

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

Additional Features

  • Entrance Foyer
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $4,400 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,363

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Tri-Level
  • Type Detached: 1.5 Story
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 19X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Basement: Walkout
  • Basement: Finished, Sub-Basement, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 5X10, On Level: Lower, Flooring: Other
  • Kitchen Type: Dimensions: 21X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet, Pantry-Walk-in
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Foyer, Dimensions: 5X5, On Level: Main Level
  • Bedroom 2: Dimensions: 10X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 10X15, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1809
  • Family Room: Dimensions: 23X15, On Level: Lower, Flooring: Carpet, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: W (West)
  • Acreage: 0.18

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 205
  • Junior High Dist: 89

Lot Info

  • Lot Dimensions: 60 X 125
  • Lot Description: Cul-de-sac
  • Parcel Identification Number: 1104251020120000

Tax Info

  • Taxes: 4556

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2014
Closed on
Dec 16, 2015
Sold by
Losquadro Diane
Bought by
Tincher David and Tincher Daniela
Seller's Agent
Eddie Ruettiger
Exit Real Estate Specialists
Buyer's Agent
Raymond Petric
RE/MAX Ultimate Professionals
List Price
$165,000
Sold Price
$152,000
Premium/Discount to List
-$13,000
-7.88%
Current Estimated Value
$320,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,342
Avg. Annual Appreciation
7.86%
Original Mortgage
$155,268
Outstanding Balance
$124,443
Interest Rate
3.87%
Mortgage Type
VA
Estimated Equity
$191,934

Purchase Details

Closed on
Nov 15, 1996
Sold by
Carbonneau Walter and Carbonneau Mary B
Bought by
Losquadro Diane
Source: Public Records

Range of Values:

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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
Tincher David $152,000 Citywide Title Corporation
Losquadro Diane -- Lawyers Title Pick Up
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tincher David $155,268
Previous Owner Losquadro Diane $106,839
Previous Owner Losquadro Diane $67,000
Previous Owner Losquadro Diane $118,500
Previous Owner Losquadro Diane J $118,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2015 12/21/15 Sold $152,000 -1.9% $84 / Sq Ft
03/15/2015 03/15/15 Pending -- -- --
02/26/2015 02/26/15 Price Changed $155,000 -3.1% $86 / Sq Ft
01/07/2015 01/07/15 Price Changed $160,000 -3.0% $88 / Sq Ft
12/07/2014 12/07/14 For Sale $165,000 -- $91 / 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
2023 $7,363 $79,714 $22,263 $57,451
2022 $6,791 $75,094 $20,973 $54,121
2021 $6,553 $70,571 $19,710 $50,861
2020 $6,403 $68,251 $19,062 $49,189
2019 $6,146 $64,693 $18,068 $46,625
2018 $6,039 $62,783 $18,068 $44,715
2017 $5,840 $59,269 $17,057 $42,212
2016 $5,017 $55,547 $15,986 $39,561
2015 $4,557 $52,851 $15,210 $37,641
2014 $4,557 $50,335 $14,486 $35,849
2013 $4,557 $50,335 $14,486 $35,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08799561

Midwest Real Estate Data (MRED)

APN: 11-04-25-102-012