NOT LISTED FOR SALE

16032 W Pennyroyal Ln Lockport, IL 60441

Estimated Value: $479,000 - $645,000

3 Beds
3 Baths
2,230 Sq Ft
$243/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $366,790 $164 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,936/month

225 Days on Market

Highlights

  • Traditional Architecture
  • Loft
  • Breakfast Bar
  • Hadley Middle School Rated 9+
  • Attached Garage
  • 3-minute walk to Sagebrook Park

About This Home

As of July 2016

M/I Homes of Chicago, LLC Introduces "Sagebrook" in Lockport. This Beautiful Baldwin Model Features a 2 Story Foyer, Kitchen w/Center Island & Bay Window, Volume Ceiling in Master w/Lux Bth w/Walk-In Shower, Full Basement, Upgraded Railings, It's a charming city that prides itself on its crucial role in the development of the Midwest, securing its historic legacy as "the city that made Chicago famous". There are plenty of shopping and dining options close by. Lockport Township High School is right down the street. With all these amenities at your fingertips, Sagebrook is easily one of the most desirable communities to live in Will County. Sagebrook will feature both single-family homes and townhomes. There will be 140 single-family home lots and will feature floor plans with 2-5 bedrooms. 92 Townhomes will feature breathtaking interior layouts with 2 -3 bedrooms and designs. 15-Year Transferrable Structural Warranty. "Whole Home" Certified, * Photo's of Model Home * To Be Built 2016

Last Agent to Sell the Property

Cheryl Bonk

Little Realty License #475141366 Listed on: 09/15/2015

Co-Listed By

Linda Little

Little Realty License #471000259

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,428

Year Built

  • 2015

Lot Details

  • 9,627

HOA Fees

  • $40 per month

Parking

  • Attached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Dining Area
  • Loft
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,428

Year Built

2015

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • New/Proposed Construction Options: Central Air, Basement, Garage
  • Age: NEW Under Construction
  • New Construction: Y
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2015
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Interior Property Features: 2nd Floor Laundry
  • Number Of Rooms: 8
  • Appliances: Oven/Range, Dishwasher
  • Equipment: CO Detectors, Sump Pump
  • Attic: Unfinished
  • Basement: Full
  • Basement: Unfinished, Crawl
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X08, On Level: 2nd Level
  • Dining Room: Dimensions: 13X12, On Level: Main Level
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Eating Area, Loft
  • Master Bedroom: Dimensions: 16X13, On Level: 2nd Level
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level
  • Additional Room 3 Name: Eating Area, Dimensions: 14X10, On Level: Main Level
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level
  • Additional Room 4 Name: Loft, Dimensions: 13X12, On Level: 2nd Level
  • Estimated Sq Ft: 2230
  • Dining Room Type: Separate
  • Family Room: Dimensions: 18X16, On Level: Main Level

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment Association Fees: 40
  • Management Contact Name: Michelle
  • Management Phone: 630-544-1971

Fee Information

  • Management Company: to be determined

Schools

  • School District: 205
  • Elementary School: WILLIAM J BUTLER SCHOOL
  • Middle School: HOMER JUNIOR HIGH SCHOOL
  • High School: LOCKPORT TOWNSHIP HIGH SCHOOL
  • Junior High Dist: 33C
  • Junior High/Middle School #2: HADLEY MIDDLE SCHOOL

Lot Info

  • Lot Dimensions: 100X100
  • Parcel Identification Number: 1605194000230000

Tax Info

  • Taxes: NEW

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2015
Closed on
Jul 8, 2016
Sold by
M/I Homes Of Chicago Llc
Bought by
Balakrishnan Subradheep
Seller's Agent
Cheryl Bonk
Little Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$302,490
Sold Price
$366,790
Premium/Discount to List
$64,300
21.26%
Current Estimated Value
$541,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,317
Avg. Annual Appreciation
4.27%
Original Mortgage
$275,090
Outstanding Balance
$224,222
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$316,885
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
Balakrishnan Subradheep $366,790 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balakrishnan Subradheep $275,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2016 07/08/16 Sold $366,790 +9.9% $164 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
01/14/2016 01/14/16 Price Changed $333,830 +10.4% $150 / Sq Ft
09/15/2015 09/15/15 For Sale $302,490 -- $136 / 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 $12,428 $149,920 $30,761 $119,159
2023 $12,428 $135,895 $27,883 $108,012
2022 $11,338 $126,887 $26,035 $100,852
2021 $10,829 $120,215 $24,666 $95,549
2020 $10,789 $115,791 $23,758 $92,033
2019 $10,421 $111,391 $22,855 $88,536
2018 $11,164 $117,111 $22,593 $94,518
2017 $15,186 $113,833 $21,961 $91,872
2016 $166 $1,600 $1,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09040209

Midwest Real Estate Data (MRED)

APN: 16-05-19-413-009