NOT LISTED FOR SALE

1505 Madison St Lockport, IL 60441

South Lockport Neighborhood

Estimated Value: $254,719 - $282,000

4 Beds
1 Bath
1,309 Sq Ft
$206/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $184,000 $141 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,850/month

6 Days on Market

Highlights

  • Detached Garage
  • Breakfast Bar
  • Water Softener is Owned
  • Lockport Township High School East Rated A
  • Central Air

About This Home

As of December 2019

Rare 4 bedroom single story home in a beautiful family neighborhood on a corner lot. Updated Kitchen and Bathroom, Huge Warm and Inviting Family Room with Wood Laminate Floors. Many updates include; Furnace and A/C (2014), Roof (2016), Windows (2007), Garage (2005), Refrigerator (2016), Freshly Painted. Spectacular Covered back porch/deck and 2.5 detached garage and nicely landscaped yard. To see this home is to love this home!

Last Agent to Sell the Property

Brad Vinson

Keller Williams Preferred Rlty License #475160093 Listed on: 10/24/2019

Keller Williams Preferred Rlty

Co-Listed By

Sharon Vinson

Keller Williams Preferred Rlty License #475160285

Last Buyer's Agent

Martha Fasano

First Midwest Realty LLC License #475178699

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,937

Year Built

  • 1900

Lot Details

  • 0.25

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Oven or Range

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Central Air
  • Heating System Uses Gas
  • Water Softener is Owned

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,937

Year Built

1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1900
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 25X15, On Level: Main Level
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer, Water Softener Owned
  • Equipment: Water-Softener Owned, CO Detectors, Ceiling Fan, Sump Pump
  • Basement: Partial
  • Basement: Unfinished, Crawl
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X4, On Level: Main Level
  • Kitchen Type: Dimensions: 12X14, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X16, On Level: Main Level
  • Bedroom 2: Dimensions: 12X14, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 14X14, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 4: Dimensions: 14X14, On Level: Main Level
  • Estimated Sq Ft: 1309
  • Family Room: Dimensions: 28X16, On Level: Main Level, Flooring: Wood Laminate, Windows: Curtains/Drapes

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Acreage: 0.25

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 1309

Schools

  • School District: 205
  • High School: Lockport Township High School
  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: 129X78
  • Parcel Identification Number: 1104261310060000

Tax Info

  • Taxes: 3335.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Nov 27, 2019
Sold by
Jaros Constance A
Bought by
Koprowski Patricia and Koprowski Joanthan
Seller's Agent
Brad Vinson
Keller Williams Preferred Rlty
Buyer's Agent
Martha Fasano
First Midwest Realty LLC
List Price
$180,000
Sold Price
$184,000
Premium/Discount to List
$4,000
2.22%
Current Estimated Value
$270,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,180
Avg. Annual Appreciation
6.82%
Original Mortgage
$84,000
Outstanding Balance
$74,203
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$195,977

Purchase Details

Closed on
May 23, 2017
Sold by
Governale Jospeh E and Estate Of Rosella T Jaros
Bought by
Jaros Constrace A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,233
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 18, 2004
Sold by
Jaros Rosella
Bought by
Jaros Rosella T and Jaros Constance A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2004
Sold by
Jaros Rosella
Bought by
Jaros Rsella T and Jaros Constance A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
5.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Koprowski Patricia $184,000 Fidelity National Title Ins
Jaros Constrace A -- Attorney
Jaros Constance A -- Attorney
Jaros Rosella T -- Ticor
Jaros Rsella T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koprowski Patricia $84,000
Previous Owner Jaros Constance A $118,233
Previous Owner Jaros Rosella T $91,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2019 12/09/19 Sold $184,000 -0.5% $141 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
10/26/2019 10/26/19 Price Changed $185,000 +2.8% $141 / Sq Ft
10/24/2019 10/24/19 For Sale $180,000 -- $138 / 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 $4,937 $69,447 $20,616 $48,831
2023 $4,937 $62,346 $18,508 $43,838
2022 $4,297 $55,345 $16,429 $38,916
2021 $4,069 $52,011 $15,439 $36,572
2020 $3,964 $50,300 $14,931 $35,369
2019 $2,807 $47,678 $14,153 $33,525
2018 $3,335 $41,974 $13,346 $28,628
2017 $3,107 $38,470 $12,232 $26,238
2016 $2,760 $34,143 $10,857 $23,286
2015 $2,098 $31,540 $10,029 $21,511
2014 $2,098 $30,921 $9,832 $21,089
2013 $2,098 $36,378 $11,567 $24,811
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brad Vinson

    Keller Williams Preferred Rlty

    Section Image
  • Sharon Vinson

    Seller Co-Listing Agent in 2019

    Sharon Vinson

    Keller Williams Preferred Rlty

    (815) 260-9546

    28 Total Sales

    Sharon Vinson
    Section Image

  • M

    Buyer's Agent in 2019

    Martha Fasano

    First Midwest Realty LLC

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10557397

Midwest Real Estate Data (MRED)

APN: 11-04-26-131-006

Illinois Will County Lockport 60441 South Lockport

1505 Madison St, Lockport, IL

This home is located at 1505 Madison St, Lockport, IL 60441 since 24 October 2019 and is currently estimated at $270,180, approximately $206 per square foot. This property was built in 1900. 1505 Madison St is a home located in Will County with nearby schools including Taft Grade School, Lockport Township High School East, and Saint Dennis School.

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