16163 W Red Cloud Dr Lockport, IL 60441
Estimated Value: $623,743 - $699,000
4
Beds
4
Baths
5,500
Sq Ft
$123/Sq Ft
Est. Value
About This Home
This home is located at 16163 W Red Cloud Dr, Lockport, IL 60441 and is currently estimated at $674,186, approximately $122 per square foot. 16163 W Red Cloud Dr is a home located in Will County with nearby schools including William J. Butler, Hadley Middle School, and Homer Jr High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 1, 2016
Sold by
Sanford Terrence and Sanforf Nicole
Bought by
Sanford Terrence and Sanford Nicole
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Outstanding Balance
$252,878
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$421,308
Purchase Details
Closed on
Jun 18, 2010
Sold by
Sanford Nicole
Bought by
Sanford Terrence
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
4.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 8, 2008
Sold by
Luculescu Mihai and Luculescu Maricica
Bought by
Sanford Terrence and Sanford Nicole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 12, 2002
Sold by
Polak Frank and Polak Zofia
Bought by
Luculescu Mihai and Luculescu Maricica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
6.79%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Dec 7, 2000
Sold by
Smith Steve Holly C
Bought by
Polak Frank and Polak Zofia
Purchase Details
Closed on
Sep 6, 2000
Sold by
West Suburban Bank
Bought by
Smith Holly C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
9.5%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sanford Terrence | -- | Fidelity Natl Title Ins Co | |
| Sanford Terrence | -- | Meymax Title | |
| Sanford Terrence | $460,000 | Citywide Title Corporation | |
| Luculescu Mihai | $385,000 | -- | |
| Polak Frank | $63,000 | -- | |
| Smith Holly C | $55,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sanford Terrence | $396,000 | |
| Closed | Sanford Terrence | $412,000 | |
| Closed | Sanford Terrence | $414,000 | |
| Previous Owner | Luculescu Mihai | $301,000 | |
| Previous Owner | Smith Holly C | $110,000 |
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 | $16,356 | $194,769 | $30,744 | $164,025 |
| 2023 | $16,356 | $176,549 | $27,868 | $148,681 |
| 2022 | $14,946 | $164,845 | $26,021 | $138,824 |
| 2021 | $14,287 | $156,177 | $24,653 | $131,524 |
| 2020 | $14,242 | $150,431 | $23,746 | $126,685 |
| 2019 | $13,716 | $144,715 | $22,844 | $121,871 |
| 2018 | $13,419 | $139,547 | $22,582 | $116,965 |
| 2017 | $13,219 | $135,641 | $21,950 | $113,691 |
| 2016 | $12,514 | $131,117 | $21,218 | $109,899 |
| 2015 | $12,464 | $126,196 | $20,422 | $105,774 |
| 2014 | $12,464 | $125,429 | $20,000 | $105,429 |
| 2013 | $12,464 | $126,796 | $25,496 | $101,300 |
Source: Public Records
Map
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